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- 2 Bedroom Bedrooms
- $1,495Plus Fees
- 939Square 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
Floorplan Pricing and Availability
The Pointe @ Merchant Square offers 2 Bedroom apartments starting from $1,495 and having 939 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
2 Bedrooms
2BR/1.0BA
$1,495
2 Beds, 1 Bath, 939 sq ftPlus FeesAvailable Mar 23Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit Photos $1,495 March 23, 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
View Details and Rent EstimateDeposit
- $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 Rent and Fees
Price
- $1,495Plus Fees
Apartment Model: 2BR/1.0BA$1,4952 Bedroom, 1 Bath, 939 sq ftAvailable March 23, 2026![]()
2BR/1.0BA - Floorplan 1 Apartment Unit: #320Apartment Model: 2BR/1.0BA$1,4952 Bedroom, 1 Bath, 939 sq ftAvailable March 23, 2026![]()
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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. Use the Cost Calculator to determine costs based on your needs.
Required Fees
One-Time Basics
- Due at Application
- Application Fee Per ApplicantiCharged per applicant.$45
Other Fees
Pet Fees
- Monthly Pet FeeiCharged Per Pet.$25/mo
- Monthly Pet FeeiCharged Per Pet.$25/mo
Cat
Dog
Total of 1 pet allowed, Must be 1 year old and under 25 lbs.
Parking Fees
- Parking FeeiCharged per vehicle.$125/mo
- Surface LotiFree, unassigned parking in surface lot
Garage
Additional Parking Options
Storage Fees
- Storage DepositiCharged per rentable item.$0
- Storage RentiCharged per rentable item.$70/mo
Storage Unit
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
Hours and Contact Info
| 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 |
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?
2 Bedrooms at The Pointe @ Merchant Square currently start from $1,495. Call today for more info!
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
Lifestyle Ratings
Learn more about Lifestyle SearchRenters Reviews and Ratings
Nearby Schools
Wilson Elementary
Owatonna Middle School
Owatonna Senior High
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from The Pointe @ Merchant Square.
Big Box and Retail
Autozone
Target
Kohl's
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 | $1,130 | $1,025 | $1,235 |
| Owatonna 1 Bedroom Apartments | $1,373 | $1,095 | $1,705 |
| Owatonna 2 Bedroom Apartments | $1,467 | $975 | $2,425 |









Total of 1 pet allowed, Must be 1 year old and under 25 lbs.