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Mercato Grove

3975-4055 Mercantile Dr, Lake Oswego, OR 97035

Floor Plan Summary
Total Monthly Price Bedrooms Bathrooms
$2,063 - $5,724 Studio - 3 1 - 2.5

Rent Specials

Get One Month Free Base Rent + 2nd Month Free If You Apply Within 48 Hrs!

Pricing and Floor Plans

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

1x1 B

$2,314 - $2,545
1 Bed, 1 Bath
719 - 794 Sq. Ft.

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Jul. 8
Unit
Total Price
Sq. Ft.
Available
439
$2,545
774
7/8/26
353
$2,344
727
7/18/26
253
$2,314
727
7/25/26

1X1 Den

$2,288 - $2,627
1 Bed, 1 Bath
842 - 951 Sq. Ft.

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3 Rentals Available
Unit
Total Price
Sq. Ft.
Available
429
$2,588
842
Now
315
$2,627
873
7/10/26
249
$2,288
906
7/30/26

1X1 Alcove

$2,111
1 Bed, 1 Bath
589 - 840 Sq. Ft.

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1 Rental Available
Unit
Total Price
Sq. Ft.
Available
335
$2,111
589
Now

1X1 C

$2,378
1 Bed, 1 Bath
828 - 919 Sq. Ft.

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Jun. 30
Unit
Total Price
Sq. Ft.
Available
321
$2,378
828
6/30/26

1X1 A

$2,078
1 Bed, 1 Bath
546 - 672 Sq. Ft.

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Jul. 7
Unit
Total Price
Sq. Ft.
Available
247
$2,078
597
7/7/26

2x2 A

$3,035 - $3,499
2 Beds, 2 Baths
966 - 1,181 Sq. Ft.

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3 Rentals Available
Unit
Total Price
Sq. Ft.
Available
475
$3,035
1,106
Now
373
$3,499
1,075
Now
206
$3,200
1,016
Now

2X2 B

$3,671
2 Beds, 2 Baths
1,198 - 1,308 Sq. Ft.

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Jul. 3
Unit
Total Price
Sq. Ft.
Available
454
$3,671
1,198
7/3/26
* Price shown is total price based on community-supplied monthly required fees. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. 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

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

Utilities & Essentials

  • Trash Services - Hauling
    Included
    Disclaimer: Utility apportionment is allocation: unit size & occupants.
  • Utility - Water/Sewer
    Included
    Disclaimer: Utility apportionment is allocation: unit size & occupants.
  • Renters Liability Insurance - Third Party
    Included
    Disclaimer: Price varies based on selections with third party provider.
  • Utility - Electric - Third Party
    Included
  • Common Area - Gas
    Included
    Disclaimer: Utility apportionment is allocation: divided eq per unit.

One-Time Basics

Due at Application

  • Application Fee
    $50

Due at Move-In

  • Security Deposit (Refundable)
    $500

Property Fee Disclaimer Total Monthly Leasing Price includes base rent, all monthly mandatory and any user-selected optional fees. Excludes variable, usage-based, and required charges due at or prior to move-in or at move-out. 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. Pets: Pet breed and other pet restrictions apply. Rentable Items: All 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.

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Destination Address
  • Drive Time
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  • Walk Time
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  • Bike Ride Time
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Property Highlights

  • Arcade
  • Bike Storage, Wash & Repair Room
  • Community Pantry
  • Conference Room
  • Duck Pond
  • Fire Lounge
  • Garden Patio
  • In-Unit Washer and Dryer
  • Lounge & Library
  • Maker's Space & Kitchen

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

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Area Scores

Walkability

Moderately walkable60 / 100

Transit

Limited public transit30 / 100

Driveability

Very drivable80 / 100

Bikeability

Fairly bikeable50 / 100

Scores provided by

Soundscore

Active71 / 100

Scores provided by
HowLoud

Transit

Commuter Rail
8 min Drive
Tri-County Metropolitan Transportation District of Oregon Rail
Commuter Rail
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.

Commuting

With a TransitScore of 30, Mercato Grove has limited public transit, including 10 transit stops within 9.8 miles. Transit options include Sw Lowell & Bond and Se Tacoma/Johnson Creek Max Station.

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

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Exploration Learning School

Grades PK-5

Private

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The Children's Hour Academy

Grades PK-5

Private

6 rating

Lake Oswego Junior High School

Grades 6-8

Public

10 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 K-12

Private

Data provided by GreatSchools.org © 2026. All rights reserved.

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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 in Lake Oswego, OR

Greystar

Contact

Property Address:
3975-4055 Mercantile Dr,
Lake Oswego, OR 97035
Phone Number: (888) 272-0647
More Information:
View Property Website
Office Hours
  • Sunday12:00 PM - 5:00 PM
  • Monday9:00 AM - 6:00 PM
  • Tuesday9:00 AM - 6:00 PM
  • Wednesday9:00 AM - 6:00 PM
  • Thursday9:00 AM - 6:00 PM
  • Friday9:00 AM - 6:00 PM
  • Saturday9:00 AM - 6:00 PM

Renter Reviews

For Mercato Grove

4.9

67 Ratings & Reviews

How Is This Rating Determined?

6/23/26

Verified Renter

We’ve lived at Mercato Grove for four years and have really enjoyed our time here. The apartments are modern, the location is incredibly convenient, and the staff has always been wonderful to work with.

Review from Apartments.com

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6/22/26

Verified Renter

Amazing first experience. Thank you for all the support, kindness and patience in getting set up and navigating this new adventure. I'm looking forward to moving in.

Review from Apartments.com

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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

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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

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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

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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.

Mercato Grove Gallery

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