- 1–2 Bedrooms
- $1,330-$1,555 Plus Fees
- 704–1,081 Square Feet
About 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. If you are planning a gathering with friends, we have just the spot in our furnished Lounge with a large flat screen TV and a cozy 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.
The Pointe @ Merchant Square is located in the 55060 Zip code of Owatonna, MN. This community is professionally managed by Diversified Property Management Services
Unique Features and Amenities
- 24/ 7 Fitness Center
- 3rd Floor Vaulted Ceilings
- Designated Pet Area
- Excercise Center
- Fitness Center
- Fitness Center 24/7
- Free Wi-fi In Common Areas
- Free Wifi In Public Spaces
- Garage For Rent
- Garages
- Lounge with Fireplace
- Lounge With Fireplace & Large Balcony
- Parking Lot
- Patio Area with Grills
- Secured Access
- Spacious Corridors
- Storage Area For Rent
- Storage Unit For Rent
- Wi-fi In Common Areas
Property Contact Info
- Listed by:
- Agency:
- Vendor Logo:
- Website:
- View Property Website
- Call Us:
- (507) 431-1255
- Disclaimer:
Office Hours
| Monday | 8:00 am–4:30 pm |
| Tuesday | 8:00 am–4:30 pm |
| Wednesday | 8:00 am–4:30 pm |
| Thursday | 8:00 am–4:30 pm |
| Friday | 8:00 am–4:30 pm |
| Saturday | Closed |
| Sunday | Closed |
Floorplan Pricing and Availability
The Pointe @ Merchant Square offers 1 to 2 Bedroom apartments starting from $1,330 and having 704–1,081 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
ApartmentHomeLiving.com's new Interactive Property Map allows you to see where every available unit is located at this community.Try It Now >1 Bedroom
1BR/1.0BA
$1,330
1 Bed, 1 Bath, 704 sq ftPlus FeesAvailable NowModel Gallery
Floorplans
Photos
Availability Details
Price Availability Date Unit Sq Ft Deposit Photos $1,330 Available Now #317 704 $1,330 Unit #317 Gallery
Photos
Unit #317 Amenities and Features
Kitchen
- Dishwasher
- Microwave
- Range
- Refrigerator
Unique Features
- Dryer
- Fitness Center
- Lounge With Fireplace
- Washer
Unit #317 Lease Information
Unit Price
- $1,330
Deposit
- $1,330 deposit
Unit Description
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.
Model Lease Information
Price
- $1,330Plus Fees
Apartment Model: 1BR/1.0BA$1,3301 Bedroom, 1 Bath, 704 sq ftAvailable NowFloorplansPhotos![]()
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1BR/1.0BA - Floorplan 1 ![]()
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1BR/1.0BA - Floorplan 3 Apartment Unit: #317Apartment Model: 1BR/1.0BA$1,3301 Bedroom, 1 Bath, 704 sq ftAvailable Now![]()
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Unit: #317 - Image 10 2 Bedrooms
2BR/1.0BA
$1,495
2 Beds, 1 Bath, 939 sq ftPlus FeesAvailable Sep 10Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit Photos $1,495 September 10, 2026 #320 939 $1,495 Unit #320 Gallery
Photos
Unit #320 Amenities and Features
Kitchen
- Dishwasher
- Microwave
- Range
- Refrigerator
Unique Features
- Dryer
- Washer
Unit #320 Lease Information
Unit Price
- $1,495
Deposit
- $1,495 deposit
Unit Description
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.
Model Lease Information
Price
- $1,495Plus Fees
Apartment Model: 2BR/1.0BA$1,4952 Bedroom, 1 Bath, 939 sq ftAvailable September 10, 2026![]()
2BR/1.0BA - Floorplan Apartment Unit: #320Apartment Model: 2BR/1.0BA$1,4952 Bedroom, 1 Bath, 939 sq ftAvailable September 10, 2026![]()
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Unit: #320 - Image 8 2BR/2.0BA
$1,555
2 Beds, 2 Baths, 1081 sq ftPlus FeesAvailable Sep 16Availability Details
Price Availability Date Unit Sq Ft Deposit Photos $1,555 September 16, 2026 #216 1081 $1,555 Unit #216 Gallery
Photos
Unit #216 Amenities and Features
Kitchen
- Dishwasher
- Microwave
- Range
- Refrigerator
Unique Features
- Dryer
- Washer
Unit #216 Lease Information
Unit Price
- $1,555
Deposit
- $1,555 deposit
Unit Description
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.
Model Lease Information
Price
- $1,555Plus Fees
Apartment Unit: #216Apartment Model: 2BR/2.0BA$1,5552 Bedroom, 2 Bath, 1081 sq ftAvailable September 16, 2026![]()
Unit: #216 - Image 1 ![]()
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Unit: #216 - Image 10
Schedule a Tour
Property Information
- 43 Units
- 3 Stories
- Built in 2021
Lease Terms
- 6, 9, 12, 15, 18 mo
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.
Required Fees
One-Time Basics
- Due at Application
- Application Fee Per ApplicantiCharged per applicant.$45.00
Other Fees and Policies
Parking Fees
- Garage
- Parking FeeiCharged per vehicle.$125.00/mo
- Surface LotiFree, unassigned parking in surface lot
Additional Parking Options
Storage Fees
- Storage Unit
- Storage DepositiCharged per rentable item.$0.00
- Storage RentiCharged per rentable item.$70.00/mo
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Features and Amenities
On-Site Services
- Property Manager On Site
- Video Patrol
Community Features
- Corporate Housing
- Lounge
- Elevator
Outdoor Features
- Grill
- Picnic Area
- Controlled Access
- Patio
Recreation and Fitness
- Fitness Center
Interior Features
- Balcony
- Storage Space
- Fireplace
- High Speed Internet Access
- Sprinkler System
- Tub/Shower
- Heating
- Cable Ready
- Washer/Dryer
- Air Conditioning
- Wi Fi
- Wheelchair Accessible (Rooms)
- Smoke Free
Kitchen Amenities
- Freezer
- Range
- Refrigerator
- Oven
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen
Living Area Features
- Walk In Closets
- Vaulted Ceiling
- Vinyl Flooring
- Carpet
- Linen Closet
Unique Amenities
- Garage Available
Map
- Shopping
- Grocery
- Medical
Map
Getting Around
40 / 100 Fairly walkable
50 / 100 Fairly bikeable
100 / 100 Exceptionally car friendly
detailsGetting to Know the Area
60 / 100 Restaurants
60 / 100 Cafes
60 / 100 Nightlife
60 / 100 Shopping
60 / 100 Noise Level
Frequently Asked Questions about The Pointe @ Merchant Square
Where is The Pointe @ Merchant Square located?
The Pointe @ Merchant Square is located at 325 Florence Ave, Owatonna, MN
What is the current rent range at The Pointe @ Merchant Square?
1 Bedroom to 2 Bedroom Apartments at The Pointe @ Merchant Square currently range from $1,330 to $1,555
When is the leasing office open?
- The office Hours for The Pointe @ Merchant Square are
- Monday 8:00 am–4:30 pm
- Tuesday 8:00 am–4:30 pm
- Wednesday 8:00 am–4:30 pm
- Thursday 8:00 am–4:30 pm
- Friday 8:00 am–4:30 pm
- Saturday Closed
- Sunday Closed
Are pets allowed?
Call us today to find out our pet policy and if we allow pets
Nearby Schools
Wilson Elementary School
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from The Pointe @ Merchant Square.
Big Box and Retail
Target
Kohl's
Aldi
Groceries
Aldi
Hospitals
Shopping Centers
The Pointe @ Merchant Square has 4 shopping centers within 3.4 miles.
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Owatonna Studio Apartments | $1,141 | $1,020 | $1,235 |
| Owatonna 1 Bedroom Apartments | $1,272 | $1,120 | $1,580 |
| Owatonna 2 Bedroom Apartments | $1,485 | $1,075 | $2,830 |
| Owatonna 3 Bedroom Apartments | $1,895 | $1,895 | $1,895 |
| 2 Bedroom Homes | $1,360 | $1,100 | $1,995 |
| 3 Bedroom Homes | $2,059 | $1,475 | $3,600 |
| 4 Bedroom Homes | $2,182 | $1,495 | $2,850 |
| 5 Bedroom Homes | $2,500 | $2,500 | $2,500 |
| 6 Bedroom Homes | $3,200 | $3,200 | $3,200 |