1 Day Ago
Location
512 North Martin Luther King Jr Boulevard, Lubbock, Texas 79403, United States|Parkway and Cherry Point
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Property Overview
Historical - Madison Park features an overall excellent profile with a Zumper expert rating of 8/10, reflecting its strong rental appeal. The property scores high in both price and location, with ratings of 9/10, offering a compelling balance between value and convenience. Additionally, it offers a solid array of amenities (8/10) and maintains transparency in its portrayal, achieving a trustworthiness rating of 7/10, ensuring prospective renters have a clear understanding of the property.
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
High school nearby- Middle school nearby
- Less expensive
Floor plans
| 1 bed | 1 bed | 1 bath | 612 sqft | $670 /mo | 1 unit available | ||
| 1 bed | 1 bed | 1 bath | 612 sqft | $831 /mo | 2 units available | ||
| 2 bed | 2 bed | 2 bath | 905 sqft | $797 /mo | 1 unit 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 | 1 unit available | ||
| 4 bed | 4 bed | 2 bath | 1,286 sqft | $980 /mo | 1 unit available | ||
| 4 bed | 4 bed | 2 bath | 1,286 sqft | $1,229 /mo | 2 units available |
Let's explore this property.
Policies and fees
Building details
Property details
| Units | 208 |
|---|
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About Historical - Madison Park
Historical - Madison Park cost $670–$1,229 per month. Located at 512 North Martin Luther King Jr Boulevard, Lubbock, Texas 79403, United States, 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 38% cheaper per month.Other apartment buildings in or around Lubbock include but are not limited to: 2121 N Avenue J
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.
8.0
/10
Very GoodWith a solid 8 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·9A 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 stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
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
- High school nearby
- There is a high school 1 mile away
- Middle school nearby
- There is a middle school 1 mile away
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.5 mile 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 12% 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 14% more than the average rent price for 4-bedroom apartments in Parkway and Cherry Point.
Median rents as of Nov 15 2025.
Parkway and Cherry Point
Lubbock
| Month | Median Rent |
|---|---|
| December 2023 | $721 |
| January 2024 | $711 |
| February 2024 | $700 |
| March 2024 | $720 |
| April 2024 | $745 |
| May 2024 | $750 |
| June 2024 | $757 |
| July 2024 | $750 |
| August 2024 | $746 |
| September 2024 | $757 |
| October 2024 | $757 |
| 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 | $748 |
| Month | Median Rent |
|---|---|
| December 2023 | $436 |
| January 2024 | $436 |
| February 2024 | $531 |
| October 2024 | $436 |
| November 2024 | $436 |
| December 2024 | $436 |
Affordability calculator
Can I afford to live at 512 North Martin Luther King Jr Boulevard?
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
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Internet available near Historical - Madison Park
Neighborhood
Parkway and Cherry Point | Lubbock, TX
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Lubbock near 512 North Martin Luther King Jr Boulevard
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
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
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 512 North Martin Luther King Jr Boulevard, Lubbock
Groceries
3/10
At least one supermarket within a 30-minute walk
Shopping
2/10
Few or no shops within walking distance
Cafes
2/10
Some cafés within walking distance
Restaurants
3/10
Some restaurants within walking distance
Primary schools
6/10
At least one elementary school within a 15-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
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