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Highlights

  • Pet Friendly
  • Fitness center
  • Controlled access
  • Balcony
  • Stainless steel appliances
  • Fireplace
  • Storage units

Location

325 Florence Ave, Owatonna, MN 55060, USA
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Property Overview

The Pointe @ Merchant Square achieves a solid Zumper Expert Rating of 8.3, highlighting its appeal for renters. It features an outstanding balance of price and value, rated 9 out of 10, along with amenities and location ratings of 9, showcasing its impressive offerings and convenient access to local attractions. Trustworthiness is emphasized with an 8 out of 10 rating, reflecting the property's transparency, while notable features like a fitness center and stainless steel appliances enhance the living experience.

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

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

  • Elementary school nearby
  • Dishwasher
  • Images Available

Great for

  • Pet owners

Floor plans

1BR/1.0BA1 bed1 bath704 sqftThe Pointe @ Merchant Square welcomes you to a modern feel home with the ease of maintenance free apartment living. We offer 6 month, 9 month, 12 month, 15 month and 18 month lease terms to best fit your housing needs. The Pointe @ Merchant Square consists of 1 and 2 bedroom open floorplan units with a spacious kitchen including stainless steel appliances and large living area with hardwood style flooring. Take advantage of the fitness center to help unwind after a long day at work. Have a family gathering coming up? We have just the spot in our furnished Social Space with a large flat screen TV and fireplace. Garage stalls and storage units are available, as well as off street parking in the well-lit parking lot. The building is equipped with controlled access and security camera system. We are conveniently located off Interstate 35, near restaurants, shopping, hotels and multiple employers. Enjoy sitting outside on your very own balcony or grill your favorite meal on the relaxing community patio. Let your dog meet other four-legged friends at our designated pet run.
2BR/1.0BA2 bed1 bath717 sqftThe Pointe @ Merchant Square welcomes you to a modern feel home with the ease of maintenance free apartment living. We offer 6 month, 9 month, 12 month, 15 month and 18 month lease terms to best fit your housing needs. The Pointe @ Merchant Square consists of 1 and 2 bedroom open floorplan units with a spacious kitchen including stainless steel appliances and large living area with hardwood style flooring. Take advantage of the fitness center to help unwind after a long day at work. Have a family gathering coming up? We have just the spot in our furnished Social Space with a large flat screen TV and fireplace. Garage stalls and storage units are available, as well as off street parking in the well-lit parking lot. The building is equipped with controlled access and security camera system. We are conveniently located off Interstate 35, near restaurants, shopping, hotels and multiple employers. Enjoy sitting outside on your very own balcony or grill your favorite meal on the relaxing community patio. Let your dog meet other four-legged friends at our designated pet run.
2BR/2.0BA2 bed2 bath1,046 sqft

Let's explore this property.

Amenities for The Pointe @ Merchant Square

Apartment Amenities

Dryer

Appliances

DishwasherIn-Unit Laundry
MicrowaveRange
RefrigeratorStove

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 
Limit1

Cat policy

Allowed 
Limit1
Building details

Property details

Units43
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About The Pointe @ Merchant Square

HomeApartments in Owatonna The Pointe @ Merchant Square

The Pointe @ Merchant Square welcomes you to a modern feel home with the ease of maintenance free apartment living. We offer 6 month, 9 month, 12 month, 15 month and 18 month lease terms to best fit your housing needs. The Pointe @ Merchant Square consists of 1 and 2 bedroom open floorplan units with a spacious kitchen including stainless steel appliances and large living area with hardwood style flooring. Take advantage of the fitness center to help unwind after a long day at work. Have a family gathering coming up? We have just the spot in our furnished Social Space with a large flat screen TV and fireplace. Garage stalls and storage units are available, as well as off street parking in the well-lit parking lot. The building is equipped with controlled access and security camera system. We are conveniently located off Interstate 35, near restaurants, shopping, hotels and multiple employers. Enjoy sitting outside on your very own balcony or grill your favorite meal on the relaxing community patio. Let your dog meet other four-legged friends at our designated pet run.


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, The Pointe @ Merchant Square is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Pointe @ Merchant Square 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 The Pointe @ Merchant Square
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.
The Pointe @ Merchant Square 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·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.
The Pointe @ Merchant Square goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, The Pointe @ Merchant Square 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.
The Pointe @ Merchant Square 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 The Pointe @ Merchant Square does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

The Pointe @ Merchant Square is great for:

Pet owners

  • Outdoor spaces are available at this property
  • 2 pet grooming services nearby
  • 5 pet supply stores near the property
  • 1 pet hospital in the area

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 The Pointe @ Merchant Square compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.4 mile away
Dishwasher
Dishwasher available in kitchen
Images Available
There are at least 10 photos of this address

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Rent trends in Owatonna

Median rents as of Sep 6 2025.
Owatonna
A table of studio rental data trends in Owatonna
MonthMedian Rent
October 2023$1,095
February 2024$995
March 2024$995
April 2024$1,028
May 2024$1,020
August 2024$1,095
September 2024$1,095
October 2024$1,095
November 2024$1,095
December 2024$1,170
January 2025$1,195
February 2025$1,195
March 2025$675
June 2025$895
July 2025$895
August 2025$895
September 2025$895

Schools near The Pointe @ Merchant Square

Wilson Elementary School

325 meadow ln

owatonna, MN, 55060

PK, K-5Public
B-

Owatonna Early Childhood Special Education

338 main st e

owatonna, MN, 55060

PKPublic
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Internet available near The Pointe @ Merchant Square

Getting around Owatonna near 325 Florence Ave

Walking

4/10
Some shops and stores are within a few minutes.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

0/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 325 Florence Ave, Owatonna

Groceries

4/10
At least one grocery store within a 30-minute walk

Shopping

5/10
Some shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

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

High schools

4/10
No high schools within a 30-minute walk

Nightlife

4/10
Few or no bars within walking distance

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