Mercato Grove Apartments

3975-4055 Mercantile Dr, Lake Oswego, OR 97035

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Mercato Grove

3975-4055 Mercantile Dr
Lake Oswego, OR 97035
Mercato Grove in Lake Oswego, OR - Building Photo
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  • 1–3 Bedrooms
  • 719–1,645Square Feet

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 located in the Walluga Neighborhood and 97035 Zip code of Lake Oswego, OR.

Unique Features and Amenities

  • 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
  • Mini Crafter Space
  • Parking Garge
  • Parlor
  • Pet spa
  • Steam Room
  • Virtual golf simulator

See All Amenities

Property Contact Info

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Floorplan Pricing and Availability

  • 1 Bedroom

    $2,300

    1X1 Den

    1 Bed, 1 Bath, 842-951 sq ftLargest 1 BedroomThis is the largest 1 Bedroom at this PropertyAvailable Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $2,300Available Now331850

    Model Rent and Fees

    Price

    • $2,300

    $2,456

    1X1 C

    1 Bed, 1 Bath, 828-919 sq ftAvailable Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $2,456Available Now103833

    Model Rent and Fees

    Price

    • $2,456

    From $2,262

    1x1 B

    1 Bed, 1 Bath, 719-794 sq ftCheapest 1 BedroomThis is the cheapest 1 Bedroom at this PropertyAvailable Aug 23

    Availability Details

    PriceAvailability DateUnitSq Ft
    $2,351 August 23, 2025443737
    $2,297 September 6, 2025337737
    $2,262 September 6, 2025437737

    Model Rent and Fees

    Price

    • $2,262 - $2,351

    Model Rent and Fees

    Price

    • $2,262 - $2,351

    Model Rent and Fees

    Price

    • $2,262 - $2,351
  • 2 Bedrooms

    From $2,972

    2x2 A

    2 Beds, 2 Baths, 966-1181 sq ftAvailable Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $2,972Available Now2571075
    $3,345Available Now4571075
    $3,346Available Now4701075

    Model Rent and Fees

    Price

    • $2,893 - $3,346

    Model Rent and Fees

    Price

    • $2,893 - $3,346

    Model Rent and Fees

    Price

    • $2,893 - $3,346

    $3,521

    2X2 B

    2 Beds, 2 Baths, 1198-1308 sq ftAvailable Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $3,521Available Now4541198

    Model Rent and Fees

    Price

    • $3,521

    From $4,498

    2X2 Den

    2 Beds, 2 Baths, 1294-1368 sq ftAvailable Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $4,498Available Now2141368
    $4,778Available Now5411294
    $4,894 August 30, 20255651317

    Model Rent and Fees

    Price

    • $4,498 - $4,894

    Model Rent and Fees

    Price

    • $4,498 - $4,894

    Model Rent and Fees

    Price

    • $4,498 - $4,894

    $4,900

    2X2 Den TH

    2 Beds, 2 Baths, 1493 sq ftLargest 2 BedroomThis is the largest 2 Bedroom at this PropertyAvailable Aug 8

    Availability Details

    PriceAvailability DateUnitSq Ft
    $4,900 August 8, 20251091493

    Model Rent and Fees

    Price

    • $4,900
  • 3 Bedrooms

    $5,338

    3X2 B

    3 Beds, 2 Baths, 1527-1645 sq ftAvailable Sep 11

    Availability Details

    PriceAvailability DateUnitSq Ft
    $5,338 September 11, 20254521645

    Model Rent and Fees

    Price

    • $5,338
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.

Property Information

  • 206 Units
  • 5 Stories
  • Built in 2020

The fees below are based on community-supplied data and may exclude additional fees and utilities. Use the calculator to add these fees to the base rent.

Required Fees

Utilities & Essentials

Utility - ElectriciUsage-Based (Utilities) Amount for provision and consumption of electricity.Varies
Utility - GasiUsage-Based (Utilities) Amount for provision and consumption of natural gas.Varies
Trash Services - HaulingVaries
Utility - Water/SeweriUsage-Based (Utilities) Amount for provision and/or consumption of water and sewer servicesVaries
Renters Liability Insurance - Third PartyVaries

One-Time Basics

Due at Application
Application FeeiAmount to process application, initiate screening, and take a rental home off the market.$42
Due at Move-In
Security Deposit (Refundable)iAmount intended to be held through residency that may be applied toward amounts owed at move-out. Refunds processed per application and lease terms.$500
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Situational Fees

Access Device - ReplacementiAmount to obtain a replacement access device for community; fobs, keys, remotes, access passes.$5-$100/per occurrence
Late FeeiAmount for paying after rent due date; per terms of lease.$150/per occurrence
Legal/Eviction FeesVaries
Noncompliance Fee - ORiAmount for violation of community policies and/or lease terms in Oregon.$50-$250/per occurrence
Early Lease Termination/CancellationiAmount to terminate lease earlier than lease end date; excludes rent and other charges.150.0% of base rent/per occurrence

Personal Add-Ons

Common Area/Clubhouse RentaliAmount to rent a shared common area space, including clubhouse. May be subject to availability.$25-$200/per occurrence
Guest Suite RentaliAmount to rent guest suite; per night. May be subject to availability.$150-$250/per occurrence
Returned Payment Fee (NSF)iAmount for returned payment.$35/per occurrence
Security Deposit - Additional (Refundable)Varies

Pet Fees

Pet Deposit (Refundable)iAmount for pet living in rental home. May be assessed per pet or per rental home, based on lease requirements. Refunds processed per lease terms.$300
Pet RentiMonthly amount for authorized pet.$52/mo

Parking Fees

Parking FeeiAmount for covered parking space/services. May be subject to availability.$180-$250/mo
Parking FeeiAmount for garage parking space/services. May be subject to availability.$75-$250/mo

Storage Fees

Storage FeeiAmount for usage of bicycle storage space. May be subject to availability.$15/mo
Storage FeeiAmount for usage of optional storage space. May be subject to availability.$100/mo

Property Fee Disclaimer: Standard Security Deposit subject to change based on screening results; total security deposit(s) will not exceed any legal maximum. Resident may be responsible for maintaining insurance pursuant to the Lease. Some fees may not apply to apartment homes subject to an affordable program. Resident is responsible for damages that exceed ordinary wear and tear. Some items may be taxed under applicable law. This form does not modify the lease. Additional fees may apply in specific situations as detailed in the application and/or lease agreement, which can be requested prior to the application process. All fees are subject to the terms of the application and/or lease. Residents may be responsible for activating and maintaining utility services, including but not limited to electricity, water, gas, and internet, as specified in the lease agreement

Features and Amenities

Living Area Features

  • Walk In Closets

Videos

Map

3975-4055 Mercantile Dr, Lake Oswego, OR 97035

Hours and Contact Info

Open Now
Currently Closed
By Appointment
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
Sunday12:00 pm–5:00 pm

Getting Around

Walk Score®

77 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

78 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

21 / 100

Minimal Transit

It may be possible to get on a bus

Renters Reviews and Ratings

4.9
64 Renters Reviews
ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.
  • Verified Renter

    July 21, 2025
    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
    • Property Manager Responded

      July 22, 2025
      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!
    Review from Apartments.com
  • Verified Renter

    July 8, 2025
    Mercato Grove is well managed and the staff is great! Any questions, concerns or maintenance requests are always answered quickly.
    Review from Apartments.com
  • Verified Renter

    June 16, 2025
    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!
    • Property Manager Responded

      June 17, 2025
      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.
    Review from Apartments.com
  • Verified Renter

    June 13, 2025
    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!
    • Property Manager Responded

      June 17, 2025
      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!
    Review from Apartments.com
  • Verified Renter

    June 12, 2025
    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!
    • Property Manager Responded

      June 12, 2025
      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!
    Review from Apartments.com
  • Verified Renter

    May 30, 2025
    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.
    • Property Manager Responded

      June 3, 2025
      Hi - we really appreciate the positive review! Thanks for taking the time to do it. Thanks again for letting us know how we did! We'll be sure to share your feedback with the team, and we look forward to helping again in the future.
    Review from Apartments.com
  • Verified Renter

    May 21, 2025
    The management team is excellent and always responsive to any needs. Very clean, safe, welcoming environment!!
    • Property Manager Responded

      May 26, 2025
      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!
    Review from Apartments.com
  • Verified Renter

    April 25, 2025
    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.
    • Property Manager Responded

      April 29, 2025
      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.
    Review from Apartments.com
  • Verified Renter

    April 14, 2025
    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.
    • Property Manager Responded

      April 16, 2025
      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!
    Review from Apartments.com
  • Verified Renter

    March 20, 2025
    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.
    • Property Manager Responded

      March 25, 2025
      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.
    Review from Apartments.com
  • Verified Renter

    December 26, 2024
    I have been living at Mercato Grove for six months now, and I couldn’t be happier! The property is very well maintained and the staff is exceptional. Parking, elevators, parcel room…..everything one needs to make life easy is at one’s fingertips!
    • Property Manager Responded

      January 6, 2025
      Hi there - thanks for your lovely comments about our team. We'll be sure to let them know they went Beyond Expectations! It's our pleasure to assist! Let us know if anything else comes up, and take care.
    Review from Apartments.com
  • Verified Renter

    November 25, 2024
    Mercato Grove is an excellent environment! Residents and staff are very friendly, helpful and we enjoy how quiet our unit is. Grounds are very well maintained and we enjoy living here very much!
    • Property Manager Responded

      November 26, 2024
      Wow... people like you really keep us motivated to raise our game even more! Thank you so much - hope you have a fantastic day!
    Review from Apartments.com

Nearby Schools

Lake Grove Elementary School

Lake Oswego School District 7j
15777 Southwest Boones Ferry Road
Public School - Grades K-5 (416 Students)
In Attendance Zone3 minute drive / 1.2 miles away
6/10

Lake Oswego Middle School

Lake Oswego School District 7j
2500 Country Club Road
Public School - Grades 6-8 (824 Students)
In Attendance Zone2 minute drive / 0.9 miles away
7/10

Lake Oswego Senior High School

Lake Oswego School District 7j
2501 Country Club Road
Public School - Grades 9-12 (1245 Students)
In Attendance Zone3 minute drive / 1.1 miles away
9/10
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from Mercato Grove.

Arts Museums and Landmarks

1945 SE Water Avenue
14 minute drive / 6.67 miles away
1219 SW Park Avenue
14 minute drive / 6.89 miles away
310 NW Davis St
16 minute drive / 7.56 miles away

Big Box and Retail

Albertsons
16199 Boones Ferry Rd
2 minute drive / 0.75 miles away
Lowe's
12615 SW 72nd Ave
5 minute drive / 1.72 miles away
Safeway
17779 SW Lower Boones Ferry Rd
5 minute drive / 1.82 miles away

Colleges and Universities

12000 SW 49th Avenue
4 minute drive / 1.38 miles away
0615 S W Palatine Hill Rd
6 minute drive / 3.1 miles away
3181 SW Sam Jackson Park Road
12 minute drive / 5.66 miles away

Groceries

Albertsons
16199 Boones Ferry Rd
2 minute drive / 0.75 miles away
Safeway
17779 SW Lower Boones Ferry Rd
5 minute drive / 1.82 miles away
Whole Foods
7380 SW Bridgeport Rd
4 minute drive / 2.33 miles away

Hospitals

Legacy Meridian Park Medical Center
19300 Sw 65th Avenue
6 minute drive / 3.16 miles away
Providence Milwaukie Hospital
10150 Se 32nd Avenue
10 minute drive / 4.83 miles away
Ohsu Hospital And Clinics
3181 Sw Sam Jackson Park Road
12 minute drive / 5.69 miles away

Military Bases

17 minute drive / 8.06 miles away

Parks and Recreation

7805 SE Oaks Park Way
9 minute drive / 4.41 miles away
3229 NW Pittock Drive
15 minute drive / 7.24 miles away

Mercato Grove has 2 parks within 7.2 miles, including Oaks Amusement Park, and Pittcock Mansion.

Shopping Centers

4103-4200 Mercantile Dr
1 minute drive / 0.29 miles away
4591 Carman Dr
1 minute drive / 0.32 miles away
15450-15480 Boones Ferry Rd
1 minute drive / 0.45 miles away

Mercato Grove has 5 shopping centers within 0.8 miles.

Transit Stations

5 minute drive / 2.5 miles away
7 minute drive / 3.31 miles away
12 minute drive / 5.62 miles away

Nearby Neighborhoods

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Studio to 5 Bedroom Apartments from $1,254
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Studio to 5 Bedroom Apartments from $1,254
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Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Lake Oswego Studio Apartments $1,611$1,100$3,596
Lake Oswego 1 Bedroom Apartments $1,969$1,250$6,331
Lake Oswego 2 Bedroom Apartments $2,553$1,295$10,000+
Lake Oswego 3 Bedroom Apartments $2,692$1,699$7,185
Lake Oswego 4 Bedroom Apartments $3,295$3,295$3,295

Nearby Apartments

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Viewing: Mercato Grove | Desktop Version | Listing Updated: 07/31/2025
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Viewing: Mercato Grove | Desktop Version | Listing Updated: 07/31/2025
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