Zumper
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Updated 2 Days Ago

Highlights

  • Prime location
  • On-site laundry
  • Off-street parking
  • Refrigerator
  • Ample parking
  • Pet-friendly community

Location

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

Management

True North Management

Leasing office

(320) 300-1298

Property Overview

404 S Mckay Ave offers strong value with an 8.5/10 Zumper Expert Rating, including top marks for price, amenities, and location. Its prime location, on-site laundry, off-street parking, ample parking, refrigerator, and pet-friendly community add to its appeal, while nearby highly rated middle and high schools and strong value-for-money standing round out the offering.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.5
Very Good
With a solid 8.5 out of 10 overall, 404 S Mckay Ave is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 404 S Mckay Ave 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

  • Middle school nearby
  • Less expensive
  • High school nearby

Great for

  • Pet owners

Floor plans

404 S Mckay AveStudio1 bath266 sqft$775 /mo1 unit availableSchedule A Showing Online At: showmojo. com lz 9a064d2074 ----

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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!


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.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, 404 S Mckay Ave is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 404 S Mckay Ave 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 404 S Mckay Ave
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.
404 S Mckay Ave 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·9A 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.
404 S Mckay Ave goes above and beyond to provide sought-after conveniences and desirable perks, including laundry shared. Renters looking for popular or luxurious features will find them here—and for that reason, 404 S Mckay Ave receives one of the highest amenities scores.
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.

404 S Mckay Ave is great for:

Pet owners

  • 1 pet supply store near the property

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

Middle school nearby
There is a middle school 1 mile away
Less expensive
Studio units 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

studio apartments at 404 S Mckay Ave cost about 16% less than the average rent price for studio apartments in Alexandria.

Median rents as of Aug 15 2026.
Alexandria
A table of studio rental data trends in Alexandria
MonthMedian Rent
August 2024$903
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$938
July 2026$932
August 2026$924

Affordability calculator

Can I afford to live at 404 Mckay Ave S?

Bedrooms

Studio

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

$31,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $31,000 annually to afford this studio monthly rent price of $775.
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

6/10
Wide variety of groceries within a short drive, including some within walking distance

Shopping

4/10
Variety of shops within a short drive

Cafes

2/10
Some cafés within a short drive

Restaurants

5/10
Variety of restaurants within a short drive

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

3/10
Some bars within a short drive

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