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Mercato Grove

3975-4055 Mercantile Dr, Lake Oswego, OR 97035

Floor Plan Summary
Total Monthly Price Bedrooms Bathrooms
$1,961 - $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

$2,186 - $2,442
1 Bed, 1 Bath
719 - 794 Sq. Ft.

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3 Rentals Available
Unit
Total Price
Sq. Ft.
Available
253
$2,186
727
Now
459
$2,442
737
Now
341
$2,202
737
9/8/26

1X1 Den

$2,588 - $2,627
1 Bed, 1 Bath
842 - 951 Sq. Ft.

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2 Rentals Available
Unit
Total Price
Sq. Ft.
Available
429
$2,588
842
Now
315
$2,627
873
Now

1X1 Alcove

$1,961
1 Bed, 1 Bath
589 - 840 Sq. Ft.

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1 Rental Available
Unit
Total Price
Sq. Ft.
Available
335
$1,961
589
Now

1X1 A

$2,050
1 Bed, 1 Bath
546 - 672 Sq. Ft.

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1 Rental Available
Unit
Total Price
Sq. Ft.
Available
269
$2,050
672
Now

2X2 B

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

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Aug. 12
Unit
Total Price
Sq. Ft.
Available
242
$3,720
1,209
8/12/26

2X2 Den

$4,508
2 Beds, 2 Baths
1,294 - 1,368 Sq. Ft.

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Aug. 15
Unit
Total Price
Sq. Ft.
Available
320
$4,508
1,340
8/15/26

2x1.5

$3,369
2 Beds, 1.5 Baths
986 Sq. Ft.

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Aug. 20
Unit
Total Price
Sq. Ft.
Available
402
$3,369
986
8/20/26

2x2 A

$3,365
2 Beds, 2 Baths
966 - 1,181 Sq. Ft.

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Sep. 8
Unit
Total Price
Sq. Ft.
Available
371
$3,365
1,075
9/8/26

3X2 B

$4,128 - $5,250
3 Beds, 2 Baths
1,527 - 1,645 Sq. Ft.

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Aug. 18
Unit
Total Price
Sq. Ft.
Available
452
$5,250
1,645
8/18/26
252
$4,128
1,645
9/2/26

3x2.5 TH

$5,724
3 Beds, 2.5 Baths
1,897 Sq. Ft.

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Aug. 12
Unit
Total Price
Sq. Ft.
Available
111
$5,724
1,897
8/12/26
* 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.

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.

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

85 Ratings & Reviews

7/4/26

Verified Renter

I’ve lived at Mercato Grove heading into my third year. The premises are well maintained with a very personable staff always available to assist. If I’d known how wonderful apartment living could be, I would’ve sold my house sooner!!!

Review from Apartments.com

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Property Manager at Mercato Grove responded to this review

Thank you for sharing your experience at Mercato Grove! We appreciate your kind words and are so glad you have enjoyed living here. With appreciation, Ronda Kelly - Community Manager

7/4/26

Verified Renter

Mercato Grove is an excellent place to live. The staff and all of the amenities are outstanding. Very quiet and easy to maintain our unit. No complaints!?

Review from Apartments.com

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7/3/26

Verified Renter

Living at Mercato Grove feels easy and neighborly — clean, and organized, with little community touches, lwith a friendly vibe, close to everything in Lake Oswego but still tucked away enough to feel like home.

Review from Apartments.com

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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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Property Manager at Mercato Grove responded to this review

Thanks so much for the kind words—and for being here for four years! We’re glad you’ve enjoyed your apartment home, our LO location, and our team. We really appreciate you being part of the community!

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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Property Manager at Mercato Grove responded to this review

Thank you for your kind words! We’re so glad your first experience has been a great one and that our team could support you along the way. We’re excited to welcome you home!

Mercato Grove Gallery

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