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The Pointe @ Merchant Square Apartment for rent in Owatonna, MN
2 of 48 The Pointe @ Merchant Square Apartment for rent in Owatonna, MN
3 of 48 The Pointe @ Merchant Square Apartment for rent in Owatonna, MN
4 of 48 The Pointe @ Merchant Square Apartment for rent in Owatonna, MN
5 of 48 The Pointe @ Merchant Square Apartment for rent in Owatonna, MN
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Photos Floor Plans Amenities
Updated 1 hour ago

The Pointe @ Merchant Square


325 Florence Ave Owatonna, MN

1 - 2 Bed
1 Bath

704 - 989 Sq. Ft.

Available starting May. 6th
1 Bed • 1 Bath
$1,255 - $1,305
704 ft2
2 Available
Managed By: Lasson Management, Inc
#317
$1,305
Available May 6th, 2025
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#217
$1,255
Available Jun 1st, 2025
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View Rented Units
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2 Beds • 1 Bath
$1,465
989 ft2
1 Available
Managed By: Lasson Management, Inc
#326
$1,465
Available Jun 4th, 2025
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View Rented Units
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
33
Car-Dependent
Bike Score®
53
Bikeable
Amenities
On-site Laundry
Air Conditioning
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Public Transportation
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Elevator
Stainless Appliances
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Garage - Attached
Lease & Fees
Security Deposit:

1255 - 1465

Property details
Description

The Pointe - 1x1 - 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.
(RLNE6358280)

Additional Details
Total Unit Count: 43
Last Updated: Updated 1 hour ago
Contact Number: (507) 686-0204
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Radio Link Internet 10000.0 10000.0
Jaguar Communications 1000.0 1000.0
Charter Communications 940.0 35.0
Radio Link Internet 300.0 300.0
ViaSat, Inc. 35.0 3.0
Data from June 2020 provided by the FCC
Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for The Pointe @ Merchant Square by bedroom type below.
1 Bedroom
Suggested income:
$46,100
per year
2 Bedroom
Suggested income:
$52,700
per year
Rent report

The Pointe @ Merchant Square Rent vs. Owatonna Average

 The Pointe @ Merchant Square      Owatonna Average
1BR
$1,280
$959
$0
$450
$900
$1,350
$1,800
2BR
$1,465
$1,179
$0
$500
$1,000
$1,500
$2,000

The Pointe @ Merchant Square is asking 33% more than the average 1 bedroom apartment in Owatonna.

If you upsized to an average priced Owatonna 2 bedroom apartment, you would pay 19% more per month.

If you downsized to an average priced Owatonna studio apartment, you would pay 51% less per month.

The Pointe @ Merchant Square provides 34% more square footage than the average Owatonna 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Pointe @ Merchant Square
1BR $1,280 $1.80 $3,840
2BR $1,465 $1.50 $4,395
Owatonna Average
Studio $635 $1.60 $1,905
1BR $959 $1.80 $2,878
2BR $1,179 $1.20 $3,536
3BR $1,130 $1.00 $3,390

Availability in Owatonna

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 7 1BR units on the market in Owatonna. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
6% 44% 44% 6%
Available Units in Owatonna
Studio 1
1BR 7
2BR 7
3BR 1
Location
Nearby Hospitals
Name Distance
Owatonna Hospital 1.53 mi.
Mayo Clinic Health Sys Waseca 13.27 mi.
District One Hospital 13.68 mi.
Nearby Fire Stations
Name Distance
Owatonna Fire Department 0.89 mi.
Owatonna Fire Department 0.9 mi.
Medford Fire Department 5.54 mi.
FAQs
Is this property currently leasing units?
Yes. There are 3 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 3 units available for move-in over the next 2 months. The soonest move-in date is May 06, 2025.
What's the square footage of the available units?
The available units range from 704 to 989 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,255 to $1,465. The Pointe @ Merchant Square has 1 bedroom units available starting at $1,255 and 2 bedroom units available starting at $1,465.
Where is this property located?
This property is at 325 Florence Ave in Owatonna, MN. It's 1.3 miles northwest from the center of Owatonna.
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