Skip main navigation
    Special offer

    Mercato Grove

    4055 Mercantile Dr, Lake Oswego, OR 97035

    • Special offer! Price shown is Base Rent, does not include non-optional fees and utilities. Review Building overview for details.
    • Receive up to 3 months free! Contact Leasing for restrictions and details.
    Apartment building
    1-3 beds
    Pet-friendly
    Detached garage
    In-unit laundry (W/D)

    Available units

    Price may not include required fees and charges
    Price may not include required fees and charges.
    Unit
    , sortable column
    Sqft, sortable columnAvailable, sortable columnBase rent, sorted ascending
    437Special offer
    1 bd, 1 ba
    737
    Sep 24
    $2,262
    337Special offer
    1 bd, 1 ba
    737
    Now
    $2,297
    331Special offer
    1 bd, 1 ba
    850
    Now
    $2,300
    443Special offer
    1 bd, 1 ba
    737
    Now
    $2,351
    215Special offer
    1 bd, 1 ba
    873
    Now
    $2,457
    246Special offer
    1 bd, 1 ba
    919
    Oct 1
    $2,777
    445Special offer
    2 bd, 2 ba
    1,069
    Now
    $3,296
    457Special offer
    2 bd, 2 ba
    1,075
    Now
    $3,345
    342Special offer
    2 bd, 2 ba
    1,209
    Oct 28
    $3,345
    449Special offer
    2 bd, 2 ba
    1,045
    Now
    $3,514
    354Special offer
    2 bd, 2 ba
    1,198
    Now
    $3,682
    214Special offer
    2 bd, 2 ba
    1,368
    Now
    $4,498
    535Special offer
    3 bd, 2 ba
    1,515
    Oct 4
    $4,772
    565Special offer
    2 bd, 2 ba
    1,317
    Now
    $4,894
    109Special offer
    2 bd, 2 ba
    1,493
    Now
    $4,900

    What's special

    Pet washing station
    Clean pets, cleaner home
    A pet washing station is rare. Less than 9% of buildings in Lake Oswego have this feature.
    Beautifully designed homesWalkable tree-lined streetsSpa-inspired amenities
    Price shown is Base Rent. Residents are required to pay: At Application: Application Fee ($42.00/applicant, nonrefundable); At Move-in: Security Deposit (Refundable) ($500.00/unit); Monthly: Electric (usage-based); Gas (usage-based); Trash-Hauling (varies); Water/Sewer (usage-based); Renters Liability Insurance-3rd Party (varies). Please visit the property website for a full list of all optional and situational fees. Floor plans are artist's rendering. All dimensions are approximate. Actual product and specifications may vary in dimension or detail. Not all features are available in every rental home. Please see a representative for details. Price shown is Base Rent. Residents are required to pay: At Application: Application Fee($42.00/applicant, Nonrefundable); At Move-in: Security Deposit (Refundable)($500.00/unit); Monthly: Electric(Usage-Based); Gas(Usage-Based); Trash-Hauling(Varies); Water/Sewer(Usage-Based); Renters Liability Insurance-3rd Party(Varies). Please visit the property website for a full list of all optional and situational fees. Floor plans are artist's rendering. All dimensions are approximate. Actual product and specifications may vary in dimension or detail. Not all features are available in every rental home. Please see a representative for details. Quality Living. Local Dining. Well Being. It's All Here. 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 liveit's a place to thrive. Discover a new standard of living where wellness, comfort, and community come together seamlessly.

    Facts, features & policies

    Building Amenities

    Community Rooms
    • Conference Room
    • Fitness Center: State of the Art Fitness Studio
    • Library: Lounge & Library
    • Lounge: Fire Lounge
    • Pet Washing Station
    Other
    • In Unit: In-Unit Washer and Dryer
    • Swimming Pool: Pool & Lounge
    Outdoor common areas
    • Patio: Garden Patio
    Services & facilities
    • Bicycle Storage: Bike Storage, Wash & Repair Room
    • Package Service: 24-Hour Package Storage Room

    Unit Features

    Appliances
    • Dryer: In-Unit Washer and Dryer
    • Washer: In-Unit Washer and Dryer
    Cooling
    • Air Conditioning
    Other
    • Patio Balcony: Garden Patio

    Policies

    Pets
    Cats
    • Allowed
    • 2 pet max
    • $300 pet deposit
    • $52 monthly pet fee
    • Restrictions: Mercato Grove welcomes up to 2 pets per apartment home. There is a $300 additional security deposit per pet. Monthly Pet Rent is $52 per pet. Breed restrictions apply, see leasing office for details.
    Dogs
    • Allowed
    • 2 pet max
    • $300 pet deposit
    • $52 monthly pet fee
    • Restrictions: Mercato Grove welcomes up to 2 pets per apartment home. There is a $300 additional security deposit per pet. Monthly Pet Rent is $52 per pet. Breed restrictions apply, see leasing office for details.

    Special Features

    • Arcade
    • Community Pantry
    • Duck Pond
    • Maker's Space & Kitchen
    • Mini Crafter Space
    • Parlor
    • Steam Room
    • Virtual Golf Simulator

    Neighborhood: Waluga

    Lake Oswego is polished and scenic, with a charming downtown, lakeside dining, and art festivals. Community pride shows in outdoor concerts and neighborhood gatherings. The vibe is affluent but welcoming. Rentals $2,600–$3,800.

    Powered by Zillow data and AI technology.

    Areas of interest

    Use our interactive map to explore the neighborhood and see how it matches your interests.

    Travel times

    Points of Interest

    Groceries

    Distance
    New Seasons Market2 mi
    Zupan's Markets0.6 mi
    Vin Italy0.4 mi
    Lake Grove Liquor0.6 mi
    MyFitFoods0.4 mi
    Mercato Grove has 5 grocery stores within a 2 mile distance.

    Shopping

    Distance
    Plaid Pantries1 mi
    Goodwill Boutique1 mi
    7-Eleven0.1 mi
    Rite Aid0.6 mi
    Goodwill1 mi
    Mercato Grove has 5 shopping centers within a 1 mile distance.

    Parks and recreation

    Distance
    East Waluga Park0.2 mi
    Westlake Park0.8 mi
    Mountain Park Rec Center Tennis Courts1 mi
    Waluga Park0.5 mi
    Springbrook Park0.7 mi
    Mercato Grove has 5 parks and recreation locations within a 1 mile distance.

    Fitness

    Distance
    East Waluga Park0.2 mi
    Westlake Park0.8 mi
    Mountain Park Rec Center Tennis Courts1 mi
    Waluga Park0.5 mi
    Springbrook Park0.7 mi
    Mercato Grove has 5 fitness centers within a 1 mile distance.

    Walk, Transit & Bike Scores

    78 / 100
    Very Walkable
    22 / 100
    Minimal Transit
    78 / 100
    Very Bikeable

    Nearby schools in Lake Oswego

    GreatSchools rating

    Frequently asked questions

    What is the walk score of Mercato Grove?

    Mercato Grove has a walk score of 78, it's very walkable.

    What is the transit score of Mercato Grove?

    Mercato Grove has a transit score of 22, it has minimal transit.

    What schools are assigned to Mercato Grove?

    The schools assigned to Mercato Grove include Lake Grove Elementary School, Lake Oswego Junior High School, and Lake Oswego Senior High School.

    Does Mercato Grove have in-unit laundry?

    Yes, Mercato Grove has in-unit laundry for some or all of the units.

    What neighborhood is Mercato Grove in?

    Mercato Grove is in the Waluga neighborhood in Lake Oswego, OR.

    What are Mercato Grove's policies on pets?

    A maximum of 2 cats are allowed per unit. To have a cat at Mercato Grove there is a required deposit of $300. This building has monthly fee of $52 for cats. A maximum of 2 dogs are allowed per unit. To have a dog at Mercato Grove there is a required deposit of $300. This building has monthly fee of $52 for dogs.

    Does Mercato Grove have virtual tours available?

    Yes, 3D and virtual tours are available for Mercato Grove.

    Market Trends

    Rental market summary

    The average rent for all beds and all property types in Lake Oswego, OR is $3,033.

    Average rent

    $3,033

    Month-over-month

    +$18

    Year-over-year

    +$571

    Available rentals

    119

    Lake Oswego, OR Rental Market Data
    Your dream apartment is waitingTwo new units were recently added to this listing.