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Mercato Grove Apartments

3975-4055 Mercantile Dr, Lake Oswego, OR 97035

Floor Plan Summary
Monthly RentBedroomsBathrooms
$1,910 - $5,624Studio - 3 1 - 2.5

Rent Specials

Receive up to 3 months free! Contact Leasing for restrictions and details.

Pricing and Floor Plans

1X1 Den

$2,545 - $2,884
1 Bed, 1 Bath
842 - 951 Sq. Ft.

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2 Rentals Available
Unit
Price
Sq. Ft.
Available
331
$2,545
850
Now
325
$2,884
928
7/12/25

1X1 A

$1,932 - $1,978
1 Bed, 1 Bath
546 - 672 Sq. Ft.

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Jun. 10
Unit
Price
Sq. Ft.
Available
309
$1,932
546
6/10/25
547
$1,978
597
7/5/25

1x1 B

$2,194 - $2,495
1 Bed, 1 Bath
719 - 794 Sq. Ft.

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Jun. 21
Unit
Price
Sq. Ft.
Available
353
$2,194
727
6/21/25
439
$2,495
774
7/8/25

1X1 C

$2,250
1 Bed, 1 Bath
828 - 919 Sq. Ft.

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Jun. 18
Unit
Price
Sq. Ft.
Available
303
$2,250
833
6/18/25

2x2 A

$3,080 - $3,679
2 Beds, 2 Baths
966 - 1,181 Sq. Ft.

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3 Rentals Available
Unit
Price
Sq. Ft.
Available
257
$3,480
1,075
Now
470
$3,656
1,075
Now
210
$3,679
1,165
Now

2X2 Den

$4,119 - $4,778
2 Beds, 2 Baths
1,294 - 1,368 Sq. Ft.

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3 Rentals Available
Unit
Price
Sq. Ft.
Available
220
$4,119
1,340
Now
214
$4,653
1,368
6/22/25
541
$4,778
1,294
7/3/25

2X2 B

$3,758 - $4,056
2 Beds, 2 Baths
1,198 - 1,308 Sq. Ft.

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2 Rentals Available
Unit
Price
Sq. Ft.
Available
454
$4,056
1,198
Now
344
$3,758
1,233
Now

2X2 Den TH

$4,940
2 Beds, 2 Baths
1,493 Sq. Ft.

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Aug. 8
Unit
Price
Sq. Ft.
Available
109
$4,940
1,493
8/8/25

3X2 B

$4,153 - $4,951
3 Beds, 2 Baths
1,527 - 1,645 Sq. Ft.

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2 Rentals Available
Unit
Price
Sq. Ft.
Available
461
$4,951
1,527
Now
361
$4,153
1,527
7/24/25

3X2 A

$4,600
3 Beds, 2 Baths
1,287 - 1,394 Sq. Ft.

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1 Rental Available
Unit
Price
Sq. Ft.
Available
366
$4,600
1,394
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.

Map of Mercato Grove

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Details

Lease Term Options

  • None

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.

One-Time Move-In Fees

  • Application Fee
    $42

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.

Matterport 3D Tours

Property Highlights

Mercato Grove is a new kind of neighborhood. Unlike anything available outside the urban core, Mercato Grove delivers a thoughtful, wellness-focused residential experience with a thriving local food scene and retail destination. It’s everything you could want from a downtown experience in a one-of-a-kind suburban setting. With 4 distinct neighborhoods and design aesthetics, all of our one-, two- and three-bedroom apartments and townhomes accentuate Mercato Grove’s signature quality and characteristic charm. You had me at L.O.

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

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

Walk Score ®

Very Walkable75 / 100

Transit Score ®

Minimal Transit22 / 100

Bike Score ®

Very Bikeable78 / 100

Soundscore

Active72 / 100

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 Apartments 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 Apartments 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 Apartments.

Property Details

Mercato Grove is a new kind of neighborhood. Unlike anything available outside the urban core, Mercato Grove delivers a thoughtful, wellness-focused residential experience with a thriving local food scene and retail destination. It’s everything you... could want from a downtown experience in a one-of-a-kind suburban setting. With 4 distinct neighborhoods and design aesthetics, all of our one-, two- and three-bedroom apartments and townhomes accentuate Mercato Grove’s signature quality and characteristic charm. You had me at L.O.

Mercato Grove Apartments 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: (503) 610-4401
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

60 Ratings & Reviews

How Is This Rating Determined?

5/29/25

Verified Renter

We have lived at MercatoGrove for nearly a year. Only a few minor maintenance issues have arisen and handled rapidly and competently. We love the neighborhood. Quiet, but close to many businesses. Great for walking the dog.

Review from Apartments.com

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5/20/25

Verified Renter

The management team is excellent and always responsive to any needs. Very clean, safe, welcoming environment!!

Review from Apartments.com

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Property Manager at Mercato Grove responded to this review

Hi there - 100% satisfaction is our goal! Great to see Mercato Grove gave you such a great experience. Thanks again for taking the time to leave us this information about your recent visit. Take care!

4/24/25

Verified Renter

We have lived in the Mercato Grove since it opened and have been impressed with the way the management is continually assessing ways to improve the quality of the community.

Review from Apartments.com

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Property Manager at Mercato Grove responded to this review

Awww, thanks friend! We really appreciate your kind words about Mercato Grove! At Mercato Grove, it's our pleasure to serve. Hope we can be off assistance to you in the future! Best wishes from Mercato Grove.

4/12/25

Verified Renter

I’ve been at Mercato Grove for three years. The apartment is lovely, the location is great, but best of all is the staff. Front desk and maintenance staff are professional, friendly, and good at their jobs.

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! 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!

3/19/25

Verified Renter

Mercato Grove is an excellent facility. The units are quiet and very comfortable. The staff is excellent and it is a comfortable, happy place to be.

Review from Apartments.com

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Property Manager at Mercato Grove responded to this review

Hi there! Thanks so much for taking time to review Mercato Grove. We're hope it was everything you wanted it to be. Thank again for the awesome feedback! Hope you have a great day.

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