Zumper
modified
Updated 5 Hours Ago

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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Tour 325 Florence Ave

Contact

Management

The Pointe @ Merchant Square

Leasing office

(507) 676-8300

Property Overview

325 Florence Ave earns a strong overall impression with an 8.6 Zumper expert rating, supported by excellent price, amenities, and location scores. Notable features include a fitness center, controlled access, a balcony, stainless steel appliances, a fireplace, and storage units, while its 32 photos and nearby pet services add to its appeal.

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

8.6
Very Good
With a solid 8.6 out of 10 overall, 325 Florence Ave is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 325 Florence 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

  • Elementary school nearby
  • Dishwasher
  • Images Available

Great for

  • Pet owners

Floor plans

1BR/1.0BA1 bed1 bath704 sqft$1,280 /mo1 unit availableThe 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 bath939+ sqft$1,445–$1,495 /mo2 units availableThe 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.

Let's explore this property.

Amenities for 325 Florence Ave

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

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units43

About 325 Florence Ave

HomeApartments in Owatonna 325 Florence Ave

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.
8.6
/10
Very Good
With a solid 8.6 out of 10 overall, 325 Florence Ave is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 325 Florence 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 325 Florence 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.
325 Florence 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.
325 Florence Ave 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, 325 Florence 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.
325 Florence 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 325 Florence 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·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.

325 Florence Ave is great for:

Pet owners

  • Outdoor spaces are available at this property
  • 2 pet grooming services nearby
  • 3 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 325 Florence Ave compares to other nearby properties.

Positives

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

Considerations

Distance from grocery stores
The nearest grocery store is 2.2 miles away

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Rent trends in Owatonna

1-bedroom apartments here are priced 0% lower than 1-bedrooms in Owatonna.

If you decide to upgrade your space, you can expect 2-bedrooms at 325 Florence Ave to be 1% more than the average for similarly sized apartments in Owatonna.

Median rents as of Aug 8 2026.
Owatonna
A table of studio rental data trends in Owatonna
MonthMedian Rent
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
October 2025$895
November 2025$895
December 2025$895
January 2026$888
February 2026$854
March 2026$858
April 2026$1,020
May 2026$1,083
June 2026$1,112
July 2026$1,073
August 2026$1,046

Affordability calculator

Can I afford to live at 325 Florence Ave?

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

$51,200/yr

With your selected rent-to-income ratio, you'd ideally want to make $51,200 annually to afford this 1-bedroom monthly rent price of $1,280.
For more information on rent affordability, visit our rent calculator.

Schools near 325 Florence Ave

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

Owatonna Online K-5

1050 22nd st ne

owatonna, MN, 55060

K-5Public
B

Waseca Early Childhood

501 elm ave e

waseca, MN, 56093

PKPublic

Alexander Learning Academy

200 western ave nw suite a

faribault, MN, 55021

K-12Public
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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

Explore the area around 325 Florence Ave

Cash Wise Foods Grocery Store Owatonna
495 W North St
La Flor De Mayo Mercado
147 W Broadway St
Kerry Ingredients & Flavours
220 24th Ave NW
Walmart Supercenter
1130 W Frontage Rd
Fareway
831 S Oak Ave

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