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    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 dryer

    What’s available

    Price may not include required fees and charges.
    1 bd, 1 ba
    $2,300
    850 sqft

    1 unit available now

    1 Photo
    1 bd, 1 ba
    $2,351
    737 sqft

    1 unit available Aug 23

    1 Photo
    1 bd, 1 ba
    $2,456
    833 sqft

    1 unit available now

    1 Photo
    2 bd, 2 ba
    $2,972-3,346
    1,075 sqft

    3 units available now

    Price: $2,972Available: Available NowUnit: Unit 257
    Price: $3,345Available: Available NowUnit: Unit 457
    Price: $3,346Available: Available NowUnit: Unit 470
    1 Photo
    2 bd, 2 ba
    $3,521
    1,198 sqft

    1 unit available now

    1 Photo
    2 bd, 2 ba
    $4,498-4,894
    1,368 sqft

    2 units avail. now | 1 avail. Aug 30

    Price: $4,498Available: Available NowUnit: Unit 214
    Price: $4,778Available: Available NowUnit: Unit 541
    Price: $4,894Available: Available Aug 30 2025Unit: Unit 565
    1 Photo
    2 bd, 2 ba
    $4,900
    1,493 sqft

    1 unit available Aug 8

    1 Photo
    3 bd, 2 ba
    $5,338
    1,645 sqft

    1 unit available Sep 11

    1 Photo

    What's special

    Pet washing station
    Clean pets, cleaner home
    A pet washing station is rare. Only 12% 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. 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.
    Parking
    • Detached Garage

    Special Features

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

    Neighborhood: Waluga

    Areas of interest

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

    Travel times

    Walk, Transit & Bike Scores

    75 / 100
    Very Walkable
    22 / 100
    Minimal Transit
    78 / 100
    Very Bikeable

    Nearby schools in Lake Oswego

    GreatSchools rating

    Market Trends

    Rental market summary

    The average rent for all beds and all property types in Lake Oswego, OR is $2,950.

    Average rent

    $2,950

    Month-over-month

    -$45

    Year-over-year

    +$400

    Available rentals

    102

    Lake Oswego, OR Rental Market Data

    Frequently asked questions

    What is the walk score of Mercato Grove?

    Mercato Grove has a walk score of 75, 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.

    Your dream apartment is waitingOne new unit was recently added to this listing.