1 Day Ago
Location
404 Mckay Ave S, Alexandria, MN 56308, USA
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Property Overview
404 S Mckay Ave receives a commendable expert rating, highlighting its value in the market. This property is distinguished by several notable features, alongside pros such as its convenient location and appealing amenities. Overall, it presents a well-rounded option for potential renters or buyers looking for quality living.
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
- Laundry available on site
Floor plans
| 404 S Mckay Ave | 1 bed | 1 bath | 660 sqft | $875 /mo | 1 unit available | Schedule A Showing Online At: showmojo. com lz 84ee0410ce ---- | |
| 404 S Mckay Ave | 2 bed | 1 bath | 720 sqft | $995 /mo | 2 units available | Schedule A Showing Online At: showmojo. com lz 8529d9d0ce ---- |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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Building details
Property details
| Units | 3 |
|---|
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About 404 S Mckay Ave
Affordable and conveniently located apartments! Studio, 1 bedroom, and 2 bedroom units available! Nestled in the charming lakeside community of Alexandria, Minnesota, 404 McKay Ave offers a perfect blend of serene suburban living and urban convenience. This 30-unit building is your gateway to the best of Central Minnesota – just minutes from the sparkling shores of the chain of lakes, vibrant downtown shops, and the bustling Runestone Museum. Whether you're a young professional seeking a cozy studio, a couple needing extra space, or a family ready for two-bedroom bliss, our residences cater to every lifestyle. Available now – schedule your tour today! Why Choose 404 McKay Ave? Prime Location: Walkable to local favorites like the Alexandria Farmers Market, award-winning breweries, and endless outdoor adventures. Easy access to downtown restaurants, shops, and entertainment! Community Perks: Secured entries, on-site laundry, ample parking, and well landscaped grounds! Management: Professional property management with the largest maintenance team in Alexandria! Our award winning staff is dedicated to being recognized as the premiere housing provider in Douglas County! Whether it be the ease of online rent payments, prompt maintenance repairs, or friendly local staff, True North has you covered! We have a primary focus of building a strong & mutually beneficial relationship with all of our residents! Voted Best Property Management 2024 & 2025!
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.
7.7
/10
Very Good404 S Mckay Ave is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
Price·8A 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.
Scoring a 8/10, 404 S Mckay Ave is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
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, 404 S Mckay Ave 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.
404 S Mckay Ave 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 404 S Mckay Ave 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.
404 S Mckay Ave 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 404 S Mckay Ave compares to other nearby properties.
Positives
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 1 mile away
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Alexandria
1-bedroom apartments here are priced 26% lower than 1-bedrooms in Alexandria.
If you decide to upgrade your space, you can expect 2-bedrooms at 404 S Mckay Ave to be 32% less than the average for similarly sized apartments in Alexandria.
Median rents as of Feb 14 2026.
Alexandria
| Month | Median Rent |
|---|---|
| March 2024 | $817 |
| April 2024 | $822 |
| May 2024 | $822 |
| June 2024 | $711 |
| July 2024 | $686 |
| August 2024 | $812 |
| September 2024 | $876 |
| October 2024 | $780 |
| November 2024 | $760 |
| December 2024 | $818 |
| January 2025 | $822 |
| February 2025 | $631 |
| March 2025 | $625 |
| April 2025 | $737 |
| May 2025 | $850 |
| June 2025 | $928 |
| July 2025 | $941 |
| August 2025 | $628 |
| September 2025 | $625 |
| October 2025 | $625 |
| November 2025 | $625 |
| December 2025 | $637 |
| January 2026 | $667 |
| February 2026 | $737 |
Affordability calculator
Can I afford to live at 404 Mckay Ave S?
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
$35,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $35,000 annually to afford this 1-bedroom monthly rent price of $875.
For more information on rent affordability, visit our rent calculator.
Schools near 404 S Mckay Ave
Woodland Elementary School
1410 mckay ave s ste #101
alexandria, MN, 56308
K-5Public
B+
Early Education Center
1410 mckay ave s ste #102
alexandria, MN, 56308
PKPublic
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Internet available near 404 S Mckay Ave
Getting around Alexandria near 404 Mckay Ave S
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Points of interest for 404 Mckay Ave S, Alexandria
Groceries
3/10
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
4/10
Some restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
5/10
At least one high school within a 30-minute walk
Nightlife
1/10
Few or no bars within walking distance
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