
Cheap Apartments for Rent in the M L King Neighborhood of Lexington, KY from $500 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the M L King area of Lexington.


Caballo Crossing

Rosetown Apartments

Kampus Properties STUDENT HOUSING - 2024-'25

358 E 2nd St

468 N Limestone

Rose Tower Apartments
Lexington's Best Affordable Neighborhoods
Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart

Woodland Park Apartments - UTILITIES INCLUDED
M L King, Lexington, KY Local Guide

How much does it cost to rent an apartment in M L King?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
M L King Studio Apartments | $1,349 | $505 | $1,855 |
M L King 1 Bedroom Apartments | $1,187 | $531 | $3,553 |
M L King 2 Bedroom Apartments | $1,534 | $800 | $1,986 |
M L King 3 Bedroom Apartments | $1,245 | $875 | $1,700 |
M L King 4 Bedroom Apartments | $2,043 | $1,350 | $2,700 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 1 mile radius of the M L King Neighborhood of Lexington, KY.
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M L King, Lexington, KY Local Guide
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Cheapest Available M L King Apartments for Rent
 The cheapest available apartment rental in the M L King area of Lexington, KY is a 1 Bed unit found at Caballo Crossing priced from $700. Rose Tower Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable M L King apartments for rent in Lexington, KY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Caballo Crossing | 1 Bedroom 1 Bath | 1BR,1BA | $700 |
Rose Tower Apartments | One Bedroom | 1BR,1BA | $850 |
Trifecta on Red Mile: MAJOR Renovations | One Bedroom | 1BR,1BA | $1,095 |
Park Plaza Apartments | Maxwell | Studio,1BA | $1,120 |
Artek Lofts | 1 Bed, 1 Bath Flat | 1BR,1BA | $1,125 |
Best Value Apartments for Rent in M L King, KY
As of March 13, 2025 the best value apartment in the M L King area is the $0.86 price per square foot House Model at MidTown Apartments in the in the Montclair neighborhood starting from $1,350. The second greatest value M L King apartment is the 2 Bedroom 1 Bath Model at Caballo Crossing starting at $858 with a $0.95 price per square foot in the Northside Historic Residential neighborhood. Here is today’s list of the best values for M L King apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
MidTown Apartments | House | 4BR,4BA | $0.86 |
Caballo Crossing | 2 Bedroom 1 Bath | 2BR,1BA | $0.95 |
Trifecta on Red Mile: MAJOR Renovations | One Bedroom | 1BR,1BA | $1.68 |
559 S Limestone, Unit 202 | 559 S Limestone | 2BR,1BA | $2.23 |
Artek Lofts | 1 Bed, 1 Bath Flat | 1BR,1BA | $2.25 |
Rose Tower Apartments | One Bedroom | 1BR,1BA | $1.89 |
Park Plaza Apartments | Maxwell | Studio ,1BA | $2.93 |
Hub Lexington Upper | Murphy A | Studio ,1BA | $3.99 |
Studios180 - Short/Long Term Leases | Furnished Studio | Studio ,1BA | $3.70 |
Studios340 - Short/Long Term Leases | FURNISHED STUDIOS | Studio ,1BA | $4.16 |
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Pet Friendly LifestyleM L King, Lexington, KY
Ranked #39
Among neighborhoods in Lexington, KY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in M L King, Lexington, KY
School data provided by Great Schools
Best Local Schools in M L King, Lexington, KY
School data provided by Great Schools
Frequently Asked Questions about Cheap M L King Apartments
What is the Cheapest Studio apartment in M L King?
Currently the most affordable Cheap Studio Apartment in M L King is at Park Plaza Apartments listed at $1,120.
How much is rent for a Cheap One Bedroom M L King Apartment?
The lowest price for a Cheap One Bedroom M L King Apartment is $700 at Caballo Crossing.
What is the lowest price for a Cheap Two Bedroom M L King Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in M L King is starting from $858 at Caballo Crossing.
What is the most affordable M L King Three Bedroom Apartment?
The best deal on a cheap M L King Three Bedroom Apartment rental is at and starts from $875.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Lexington
Written by: Catrina Cowart
Hi, I'm Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky, and I'm happy to talk to you about some of the neighborhoods that I've found to be particularly charming in this small city.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.