Zumper
modified
7 Hours Ago

Highlights

  • Pet Friendly

Location

512 N Martin Luther King Blvd, Lubbock, TX 79403, USA|Parkway and Cherry Point
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Tour Madison Park

Contact

Management

UAG Ventures AC LP., DBA United Apartment Group

Leasing office

(844) 311-4795 ext. 6476

Open 

Wednesday 8:30 am–5:30 pm CT

Property Overview

Madison Park is a highly rated property, scoring 8.3/10 overall, thanks to its competitive pricing and impressive amenities. With an outstanding location rating of 9/10, it offers easy access to essential amenities and schools, enhancing the living experience. Additionally, it ranks in the 93.33 percentile for value, highlighting its appealing balance of quality and affordability.

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.

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, Madison Park is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 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.

Things you’ll love

  • High school nearby
  • Middle school nearby
  • Less expensive

Floor plans

One Bedroom1 bed1 bath612 sqft$666–$827 /mo3 units available
wde-b2602 bed2 bath905 sqft$792–$985 /mo3 units available
Two Bedroom2 bed1 bath840 sqft$985 /mo3 units available
Three Bedroom3 bed2 bath1,045 sqft$894–$1,117 /mo3 units available
Four Bedroom4 bed2 bath1,286 sqft$1,219 /mo3 units available

Let's explore this property.

Amenities for Madison Park

Building

Cats OKDogs OK
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Dog policy

Allowed 
Breed restrictionsYes
Limit1
Deposit$150

Cat policy

Allowed 
Breed restrictionsYes
Limit1
Deposit$150

Breed restrictions include:

Pit Bulls, Rottweilers, Dobermans, German Shepherds, Huskies, Malamutes, Akitas, Wolf-Hybrids, St. Bernard's, Great Danes, Chows, Bull Mastiffs, and Standard Poodles

Required one-time fees

Security Deposit$150
Building details

Property details

Year built1998
Units208
Lease terms1–15 months
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About Madison Park

HomeApartments in LubbockParkway and Cherry Point Madison Park

Welcome home to Madison Park apartments in Lubbock, TX. We are an affordable community supplying the ingredients for the comfortable lifestyle you seek. You will find great restaurants, fabulous shopping, and fun entertainment destinations just minutes away. Texas Tech University is a short distance away, making our community ideal for students.


Year Built: 1998

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 Good
With a solid 8.3 out of 10 overall, Madison Park is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 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.
How we rated Madison Park
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.
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, 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.
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 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.
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 Madison Park compares to other nearby properties.

Positives

High school nearby
There is a high school 0.3 mile away
Middle school nearby
There is a middle school 0.3 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 53% higher than 1-bedrooms in Parkway and Cherry Point.

If you decide to upgrade your space, you can expect 2-bedrooms at Madison Park to be 5% more than the average for similarly sized apartments in Parkway and Cherry Point.

3-bedroom apartments at Madison Park cost about 12% less than the average rent price for 3-bedroom apartments in Parkway and Cherry Point.

4-bedroom apartments at Madison Park cost about 24% more than the average rent price for 4-bedroom apartments in Parkway and Cherry Point.

Median rents as of Sep 13 2025.
Parkway and Cherry Point
Lubbock
A table of 1-bedroom apartment rental data trends in Lubbock
MonthMedian Rent
September 2023$735
October 2023$707
November 2023$705
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$741
A table of 1-bedroom apartment rental data trends in Parkway and Cherry Point
MonthMedian 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 N Martin Luther King 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

$26,640/yr

With your selected rent-to-income ratio, you'd ideally want to make $26,640 annually to afford this 1-bedroom monthly rent price of $666.
For more information on rent affordability, visit our rent calculator.

Schools near Madison Park

Homebound

1628 19th st

lubbock, TX, 79401

PK, K-11Public
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Internet available near Madison Park

Getting around Lubbock near 512 N Martin Luther King Blvd

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

3/10
There are a few mass transit options within the area.

Points of interest for 512 N Martin Luther King Blvd, Lubbock

Groceries

2/10
No grocery stores within walking distance

Shopping

2/10
Few or no shops within walking distance

Cafes

2/10
Few or no cafés within walking distance

Restaurants

3/10
Few or no restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Parks

6/10
Moderate amount of park space nearby

Nightlife

1/10
Few or no bars within walking distance

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