Updated 5+ Days Ago
Location
512 Martin L King Jr Blvd, Lubbock, TX 79403, USA|Parkway and Cherry Point
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Property Overview
Historical - Madison Park scores well overall, with a strong Zumper rating of 8.3, excellent value for the price, and a location that offers convenient access to nearby points of interest and transit. It also stands out for its solid amenities and strong value for money, with nearby middle and high schools adding to its appeal.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- Middle school nearby
- High school nearby
Floor plans
| 1 bed | 1 bed | 1 bath | 612 sqft | $670 /mo | 2 units available | ||
| 1 bed | 1 bed | 1 bath | 612 sqft | $831 /mo | 1 unit available | ||
| 2 bed | 2 bed | 2 bath | 905 sqft | $797 /mo | 4 units available | ||
| 2 bed | 2 bed | 1 bath | 840 sqft | $990 /mo | 1 unit available | ||
| 3 bed | 3 bed | 2 bath | 1,045 sqft | $900 /mo | 1 unit available | ||
| 3 bed | 3 bed | 2 bath | 1,045 sqft | $1,123 /mo | 5 units available | ||
| 4 bed | 4 bed | 2 bath | 1,286 sqft | $980 /mo | 2 units available | ||
| 4 bed | 4 bed | 2 bath | 1,286 sqft | $1,229 /mo | 2 units available |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 208 |
|---|
About Historical - Madison Park
Historical - Madison Park cost $670–$1,229 per month. Located at 512 Martin L King Jr Blvd, Lubbock, TX 79403, USA, Historical - Madison Park has 1 — 4 bedroom units available. Based on the average rent price of 4 bedrooms in Lubbock, renting an apartment at Historical - Madison Park is 35% cheaper per month.Other apartment buildings in or around Lubbock include but are not limited to: Boston And 44th St, 602 N Belmont Ave, 1220 Broadway
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, Historical - Madison Park is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Historical - Madison Park has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Historical - Madison Park offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Historical - Madison Park is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Historical - Madison Park is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Historical - Madison Park does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Historical - Madison Park provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How Historical - Madison Park compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 1.0 miles away
- High school nearby
- There is a high school 1.4 miles away
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.5 miles away
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Rent trends in Parkway and Cherry Point
1-bedroom apartments here are priced 72% higher than 1-bedrooms in Parkway and Cherry Point.
If you decide to upgrade your space, you can expect 2-bedrooms at Historical - Madison Park to be 9% more than the average for similarly sized apartments in Parkway and Cherry Point.
3-bedroom apartments at Historical - Madison Park cost about 1% more than the average rent price for 3-bedroom apartments in Parkway and Cherry Point.
4-bedroom apartments at Historical - Madison Park cost about 10% more than the average rent price for 4-bedroom apartments in Parkway and Cherry Point.
Median rents as of Oct 17 2026.
Parkway and Cherry Point
Lubbock
| Month | Median Rent |
|---|---|
| November 2024 | $763 |
| December 2024 | $770 |
| January 2025 | $757 |
| February 2025 | $757 |
| March 2025 | $758 |
| April 2025 | $740 |
| May 2025 | $742 |
| June 2025 | $747 |
| July 2025 | $734 |
| August 2025 | $741 |
| September 2025 | $731 |
| October 2025 | $725 |
| November 2025 | $749 |
| December 2025 | $757 |
| January 2026 | $727 |
| February 2026 | $740 |
| March 2026 | $741 |
| April 2026 | $750 |
| May 2026 | $757 |
| June 2026 | $750 |
| July 2026 | $740 |
| August 2026 | $708 |
| September 2026 | $732 |
| October 2026 | $735 |
| Month | Median Rent |
|---|---|
| November 2024 | $436 |
| December 2024 | $436 |
Affordability calculator
Can I afford to live at 512 Martin L King Jr Blvd?
Bedrooms
Rent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$30,020/yr
With your selected rent-to-income ratio, you'd ideally want to make $30,020 annually to afford this 1-bedroom median monthly rent price of $750.
For more information on rent affordability, visit our rent calculator.
Schools near Historical - Madison Park
Homebound
1628 19th st
lubbock, TX, 79401
PK, K-11Public
CARMONA-HARRISON EL
1910 cesar e chavez dr
lubbock, TX, 79415
PK, K-5Public
C
TEXAS TECH UNIVERSITY K-12
3316 9th st
lubbock, TX, 79413
K-12Public
A-
Lubbock-Cooper East El
2727 134th st
lubbock, TX, 79423
PK, K-5Public
A-
Upland Heights Elementary School
10020 upland ave
lubbock, TX, 79424
PK, K-5Public
A
Neighborhood
Parkway and Cherry Point | Lubbock, TX
Getting around Lubbock near 512 Martin L King Jr Blvd
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 512 Martin L King Jr Blvd, Lubbock
Groceries
6/10
At least one supermarket within a 20-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
4/10
Some restaurants within a few minutes’ walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
2/10
Few or no bars within walking distance
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