• Photo - Mercato Grove

Mercato Grove

3975-4055 Mercantile Dr, Lake Oswego, OR 97035

Floor Plan Summary
Monthly Rent Bedrooms Bathrooms
$1,963 - $4,772 Studio - 3 1 - 2
View Fees and Policies

Rent Specials

Limited time rates, up to 3 months free base rent, and 6 months of free parking! Contact Leasing for restrictions and details.

Pricing and Floor Plans

Studio

$1,963
Studio, 1 Bath
507 Sq. Ft.

Show Floor Plan Details

Dec. 11
Unit
Price
Sq. Ft.
Available
104
$1,963
507
12/11/25

1x1 B

$2,100 - $2,575
1 Bed, 1 Bath
719 - 794 Sq. Ft.

Show Floor Plan Details

3 Rentals Available
Unit
Price
Sq. Ft.
Available
437
$2,100
737
Now
434
$2,575
794
Now
337
$2,100
737
11/15/25

1X1 Alcove

$2,324 - $2,404
1 Bed, 1 Bath
589 - 840 Sq. Ft.

Show Floor Plan Details

Dec. 2
Unit
Price
Sq. Ft.
Available
338
$2,324
782
12/2/25
538
$2,404
782
1/17/26

1X1 C

$2,500
1 Bed, 1 Bath
828 - 919 Sq. Ft.

Show Floor Plan Details

1 Rental Available
Unit
Price
Sq. Ft.
Available
246
$2,500
919
Now

1X1 Den

$2,739
1 Bed, 1 Bath
842 - 951 Sq. Ft.

Show Floor Plan Details

Dec. 11
Unit
Price
Sq. Ft.
Available
429
$2,739
842
12/11/25

2x2 A

$2,794 - $3,892
2 Beds, 2 Baths
966 - 1,181 Sq. Ft.

Show Floor Plan Details

3 Rentals Available
Unit
Price
Sq. Ft.
Available
449
$3,199
1,045
Now
424
$3,297
996
Now
326
$3,892
1,181
Now

2X2 B

$3,345 - $3,758
2 Beds, 2 Baths
1,198 - 1,308 Sq. Ft.

Show Floor Plan Details

2 Rentals Available
Unit
Price
Sq. Ft.
Available
342
$3,345
1,209
Now
344
$3,758
1,233
11/15/25

2X2 Den TH

$4,650
2 Beds, 2 Baths
1,493 Sq. Ft.

Show Floor Plan Details

1 Rental Available
Unit
Price
Sq. Ft.
Available
109
$4,650
1,493
Now

2X2 Den

$4,675
2 Beds, 2 Baths
1,294 - 1,368 Sq. Ft.

Show Floor Plan Details

1 Rental Available
Unit
Price
Sq. Ft.
Available
565
$4,675
1,317
Now

3X2 B

$3,978
3 Beds, 2 Baths
1,527 - 1,645 Sq. Ft.

Show Floor Plan Details

1 Rental Available
Unit
Price
Sq. Ft.
Available
252
$3,978
1,645
Now

3X2 Den

$4,772
3 Beds, 2 Baths
1,356 - 1,515 Sq. Ft.

Show Floor Plan Details

1 Rental Available
Unit
Price
Sq. Ft.
Available
535
$4,772
1,515
Now
* Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.

Details

Property Information

  • Built in 2020
  • 206 units / 5 stories

Fees and Policies

Rent Estimate
Cost Calculator: Estimate your monthly and one-time fees.View More

The fees below are based on community-supplied data and may exclude additional fees and utilities.

Utilities & Essentials

  • Utility - Electric
    Varies
  • Utility - Gas
    Varies
  • Trash Services - Hauling
    Varies
  • Utility - Water/Sewer
    Varies
  • Renters Liability Insurance - Third Party
    Varies

One-Time Basics

Due at Application

  • Application Fee
    $42 one-time

Due at Move-In

  • Security Deposit (Refundable)
    $500 one-time

Due at Move-Out

Property Fee Disclaimer: Security Deposit may change based on screening results, but total will not exceed legal maximums. Some items may be taxed under applicable law. Some fees may not apply to rental homes subject to an affordable program. All fees are subject to application and/or lease terms. Prices and availability subject to change. Resident is responsible for damages beyond ordinary wear and tear. Resident may need to maintain insurance and to activate and maintain utility services, including but not limited to electricity, water, gas, and internet, per the lease. Additional fees may apply as detailed in the application and/or lease agreement, which can be requested prior to applying. Pet breed and other pet restrictions apply. Parking, storage, and other rentable items are subject to availability. Final pricing and availability will be determined during lease agreement. See Leasing Agent for details.

Property Highlights

  • Community Pantry
  • Conference Room
  • Parking Garge
  • Parlor
  • Virtual Golf Simulator
  • Fire Lounge
  • Garden Patio
  • Maker's Space & Kitchen
  • Pet Spa
  • Duck Pond

Apartment Features

  • Air Conditioning
  • Balcony
  • Bay Window
  • Cable Ready
  • Crown Molding
  • Deck
  • Den
  • Dishwasher
  • Disposal
  • Double Vanities

Community Features

  • Bicycle Storage
  • Car Charging Station
  • Clubhouse
  • Composting
  • Conference Rooms
  • Controlled Access
  • Courtyard
  • Disposal Chutes
  • Elevator
  • Fitness Center

Map of Mercato Grove

Loading...

Neighborhood Scores

Walk Score ®

Very Walkable78 / 100

Transit Score ®

Minimal Transit22 / 100

Bike Score ®

Very Bikeable78 / 100

Soundscore

Active72 / 100

Transit

8 min Drive
Tri-County Metropolitan Transportation District of Oregon Rail
Commuter Rail
Tualatin
8 min Drive
Tri-County Metropolitan Transportation District of Oregon Rail
Airport
Portland International
34 min Drive
Portland International

Moving to Walluga, Lake Oswego, OR

Shopping Centers

Shoppers will appreciate Mercato Grove proximity to Mercato Grove, Mercantile Village II, and Lake Grove Center. Mercato Grove is 0.2 miles away, and Mercantile Village II is within a 2 minute walk.

Parks and Recreation

Recreational activities near Mercato Grove are plentiful. Discover 4 parks within 4.9 miles, including Lesser Park, West Portland Park Natural Area, and Tryon Creek State Natural Area.

Airports

Living in Walluga provides easy access to Portland International, located just 34 minutes from Mercato Grove.

Local Education

Primary and Secondary Schools

6 rating

Lake Grove Elementary School

Grades K-5

Public

9 rating

Cedaroak Park Primary School

Grades PK-5

Public

undefined rating

Exploration Learning School

Grades PK-5

Private

undefined rating

The Children's Hour Academy

Grades PK-K

Private

6 rating

Lake Oswego Middle School

Grades 6-8

Public

9 rating

Lake Oswego Senior High School

Grades 9-12

Public

undefined rating

Westside Christian High School

Grades 9-12

Private

undefined rating

Park Academy

Grades 3-12

Private

Data provided by GreatSchools.org 2024 © 2024. All rights reserved.

GreatSchools Logo

Colleges and Universities

School

Commute Time (Distance)

Portland C.C., Sylvania Campus

Drive: 8 min (3 mi)

Lewis & Clark College

Drive: 9 min (4.2 mi)

Reed College

Drive: 24 min (8.9 mi)

Oregon Health & Science Univ.

Drive: 17 min (9.5 mi)

About Mercato Grove

Mercato Grove is Lake Oswego’s premier wellness-focused apartment community, where resort-style living meets everyday convenience. Surrounded by top-tier dining, boutique fitness, and essential retail, residents enjoy a lifestyle designed for balance... , connection, and ease. From spa-inspired amenities and vibrant community programming to beautifully designed homes and walkable tree-lined streets, Mercato Grove offers more than a place to live—it’s a place to thrive. Discover a new standard of living where wellness, comfort, and community come together seamlessly.

Mercato Grove is an apartment community

Protect yourself from fraud. Do not send money to anyone you don't know.
Avoid Scams

Renter Reviews

For Mercato Grove

4.9

65 Ratings & Reviews

How Is This Rating Determined?

7/19/25

Verified Renter

Mercato Grove is an excellent place to live. It is very well kept up, very quiet and the staff is always extremely helpful. We very much enjoy living here and the location is great

Review from Apartments.com

Was this helpful?

Property Manager at Mercato Grove responded to this review

Hey there - our pleasure! Happy you had a great experience. We're always here for you! If you ever need anything else, just give us a call or stop by. Have an awesome day!

7/7/25

Verified Renter

Mercato Grove is well managed and the staff is great! Any questions, concerns or maintenance requests are always answered quickly.

Review from Apartments.com

Was this helpful?

Property Manager at Mercato Grove responded to this review

Thank you for taking time to share your experience. We work hard to provide quick solutions.
1mo

6/14/25

Verified Renter

I am so happy and grateful to have found Mercato Grove! It was exactly as advertised and exceeded all expectations. Managers Felipe and Emma covered every aspect of the leasing process, and all that’s left to do is unpack!

Review from Apartments.com

Was this helpful?

Property Manager at Mercato Grove responded to this review

Hi - thanks for letting us know we went Beyond Expectations! We'll be sure to share with the team here at Mercato Grove Apartments! Feel free to give us a call with any other questions! We're always happy to help.

6/12/25

Verified Renter

My experience with Mercato Grove has exceeded my expectations since day one. The management and maintenance team are personable, quick to respond, and professional. I love it here!

Review from Apartments.com

Was this helpful?

Property Manager at Mercato Grove responded to this review

Hi - you're our first priority! We're happy our team members went Beyond Expectations for you here at Mercato Grove Apartments. We're always here for you! If you ever need anything else, just give us a call or stop by. Have an awesome day!

6/11/25

Verified Renter

At 70 years old, I was wary about downsizing into an apartment. Between the wonderful amenities, professional and responsive staff who are always available, my quality of life has improved! I feel safe and cared for. My life is easier!

Review from Apartments.com

Was this helpful?

Property Manager at Mercato Grove responded to this review

Hi there! Thanks so much for letting us know about your experience with Mercato Grove Apartments. Your recommendation matters so much, and we're so happy to have earned it. Thanks again for taking time to let the world know about your experience.... Have a great day!

Mercato Grove Gallery

Find More Rentals in Lake Oswego