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Mercato Grove

3975-4055 Mercantile Dr, Lake Oswego, OR 97035

Floor Plan Summary
Total Monthly Price Bedrooms Bathrooms
$1,825 - $5,699 Studio - 3 1 - 2.5

Rent Specials

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Pricing and Floor Plans

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Studio

$2,063
Studio, 1 Bath
507 Sq. Ft.

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1X1 Den

$2,400 - $2,718
1 Bed, 1 Bath
842 - 951 Sq. Ft.

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3 Available Units
Unit
Total Price
Sq. Ft.
Available
429
$2,400
842
Now
315
$2,627
873
Now
425
$2,718
928
10/24/26

1x1 B

$2,150 - $2,202
1 Bed, 1 Bath
719 - 794 Sq. Ft.

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2 Available Units
Unit
Total Price
Sq. Ft.
Available
341
$2,202
737
Now
443
$2,150
737
Now

1X1 C

$2,375 - $2,556
1 Bed, 1 Bath
828 - 919 Sq. Ft.

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2 Available Units
Unit
Total Price
Sq. Ft.
Available
103
$2,556
833
10/8/26
203
$2,375
833
10/10/26

1X1 Alcove

$1,825
1 Bed, 1 Bath
589 - 840 Sq. Ft.

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1X1 A

$1,917
1 Bed, 1 Bath
546 - 672 Sq. Ft.

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2x2 A

$3,065 - $4,010
2 Beds, 2 Baths
966 - 1,181 Sq. Ft.

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2 Available Units
Unit
Total Price
Sq. Ft.
Available
232
$3,065
1,075
9/25/26
415
$4,010
1,126
9/26/26

2X2 B

$3,720 - $3,832
2 Beds, 2 Baths
1,198 - 1,308 Sq. Ft.

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2 Available Units
Unit
Total Price
Sq. Ft.
Available
354
$3,832
1,198
10/8/26
242
$3,720
1,209
11/5/26

2x1.5

$3,299
2 Beds, 1.5 Baths
986 Sq. Ft.

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1 Available Unit
Unit
Total Price
Sq. Ft.
Available
402
$3,299
986
Now

2X2 Den

$4,350
2 Beds, 2 Baths
1,294 - 1,368 Sq. Ft.

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1 Available Unit
Unit
Total Price
Sq. Ft.
Available
320
$4,350
1,340
Now

2X2 Den TH

$3,803
2 Beds, 2 Baths
1,493 Sq. Ft.

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3x2.5 TH

$5,699
3 Beds, 2.5 Baths
1,897 Sq. Ft.

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1 Available Unit
Unit
Total Price
Sq. Ft.
Available
111
$5,699
1,897
Now

3X2 A

$3,499
3 Beds, 2 Baths
1,287 - 1,394 Sq. Ft.

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3X2 B

$3,600
3 Beds, 2 Baths
1,527 - 1,645 Sq. Ft.

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3X2 Den

$3,984
3 Beds, 2 Baths
1,356 - 1,515 Sq. Ft.

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Available Soon
* 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.

Map of Mercato Grove

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Nearby 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)

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.
  • Utility - Electric - Third Party
    Included
  • Common Area - Gas
    Included
    Disclaimer: Utility apportionment is allocation: divided eq per unit.
  • Renters Liability Insurance - Third Party
    Included
    Disclaimer: Price varies based on selections with third party provider.

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.

Matterport 3D Tours

Property Highlights

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.

  • 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

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
Tigard Tc Wes Station
8 min Drive
Commuter Rail
Tualatin Wes Station
9 min Drive
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 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.

Property Details

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 located in Lake Oswego, OR in the 97035 zip code.

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

4.8

90 Ratings & Reviews

9/5/26

Verified Renter

When we moved in our fridge didn’t work and it is still not fixed which has made it hard to buy groceries or keep food in the house so we’ve been having to eat a lot of takeout which is not ideal.

Review from Apartments.com

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Property Manager at Mercato Grove responded to this review

Thank you for sharing your experience. We sincerely apologize for the unanticipated, ongoing issues with your refrigerator and understand how disruptive this has been, especially when it has affected your ability to store groceries and prepare meals... at home. We recognize that relying on takeout while waiting for a repair is both inconvenient and frustrating.
This is not the move-in experience we want for our residents. We take your concerns seriously and would appreciate the opportunity to look into the status of your repair and work toward a resolution as quickly as possible. Our team is in office today, Labor Day, and I've left a voice message for you to gain a better understanding of the issue. At your earliest convenience, please contact our management office directly so we can review your situation, provide an update, and determine the next steps.
We appreciate your patience and the feedback you've provided, as it helps us improve our service. We look forward to making this right!

9/5/26

Verified Renter

Great complex filled with great staff. Really didn't have any issues here at all in a year and a half. I caused a couple myself (no fault of my own for the most part) but they were all handled with professionalism and understanding. 10/10 for sure.

Review from Apartments.com

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Property Manager at Mercato Grove responded to this review

Thank you for your genuine feedback. It means a lot to the team to know that you have had such a great experience with us!

8/29/26

Verified Renter

Excellent rental living option in Lake Oswego. The Mercado Grove is a beautiful building with an excellent, enthusiastic, and professional staff.

Review from Apartments.com

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Property Manager at Mercato Grove responded to this review

Thank you for sharing your feedback. We are glad to hear that you appreciate and enjoy residing at Mercato Grove!

8/25/26

Verified Renter

Mercato Grove has public spaces, amenities, and location that cannot be found anywhere else in Lake Oswego. Interior finishes and fittings are superior. Having food/beverage options and a pharmacy at Mercato are definitely a plus.

Review from Apartments.com

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Property Manager at Mercato Grove responded to this review

Thank you for your thoughtful review! We're delighted to hear that you appreciate Mercato Grove's unique amenities, convenient location, and high-quality interior finishes. It's wonderful to know that the on-site dining options and CVS pharmacy add... value to your experience. We appreciate your feedback and are grateful to have you as part of the Mercato Grove community!

8/21/26

Verified Renter

Just renewed for a third year. Great location and the maintenance team is great! Management has changed and the ship is being run as tight as it used to be. Also, there seems to be an abundance of corporate relocations who stay here who are like rental cars drivers…..they don’t treat the place like it’s their home. Probably wouldn’t renew based on this. It feels more transient, not like home the last two years!

Review from Apartments.com

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Property Manager at Mercato Grove responded to this review

Thank you for choosing Mercato Grove for the past three years and for recognizing our great location and hardworking maintenance team. We appreciate your honest feedback regarding the community atmosphere and recent changes you've experienced.... Creating a welcoming, resident-focused environment is very important to us, and we take your concerns seriously as we continue working to improve the experience for all who call Mercato Grove home.

Mercato Grove Gallery

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