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Highlights

  • Prime location
  • On-site laundry
  • Ample parking
  • Award winning staff
  • Well landscaped grounds
  • Professional property management

Location

404 Mckay Ave S, Alexandria, MN 56308, USA
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Tour 404 S Mckay Ave

Contact

Management

TRUE NORTH MANAGEMENT INC.

Leasing office

(320) 300-1298

Floor plans

404 S Mckay Ave2 bed1 bath720 sqft$995 /mo1 unit availableSchedule A Showing Online At: showmojo. com lz 0532d3f04d ----

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Amenities for 404 S Mckay Ave

Building

Laundry SharedOnsite Laundry

Services

On-Site Management
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

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units1
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About 404 S Mckay Ave

Home 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!


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
High school nearby
There is a high school 1 mile away

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Rent trends in Alexandria

2-bedroom apartments at 404 S Mckay Ave cost about 31% less than the average rent price for 2-bedroom apartments in Alexandria.

Median rents as of Jun 13 2026.
Alexandria
A table of studio rental data trends in Alexandria
MonthMedian Rent
June 2024$822
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$753
March 2026$790
April 2026$911
May 2026$951
June 2026$944

Affordability calculator

Can I afford to live at 404 Mckay Ave S?

Bedrooms

2 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

$39,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $39,800 annually to afford this 2-bedrooms monthly rent price of $995.
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

4/10
At least one supermarket within a 20-minute walk

Shopping

2/10
Some shops within walking distance

Cafes

2/10
Some cafés within walking distance

Restaurants

4/10
Some restaurants within walking distance

Primary schools

8/10
At least one elementary school within a 15-minute walk

High schools

5/10
At least one high school within a 20-minute walk

Nightlife

1/10
Few or no bars within walking distance

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