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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.
    • Limited time rates, up to 3 months free base rent, and 6 months of free parking! 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
    237Special offer
    1 bd, 1 ba
    737
    Now
    $2,080
    337Special offer
    1 bd, 1 ba
    737
    Now
    $2,100
    246Special offer
    1 bd, 1 ba
    919
    Now
    $2,500
    434Special offer
    1 bd, 1 ba
    794
    Now
    $2,575
    457Special offer
    2 bd, 2 ba
    1,075
    Now
    $3,100
    357Special offer
    2 bd, 2 ba
    1,075
    Now
    $3,250
    449Special offer
    2 bd, 2 ba
    1,045
    Now
    $3,250
    342Special offer
    2 bd, 2 ba
    1,209
    Oct 28
    $3,345
    344Special offer
    2 bd, 2 ba
    1,233
    Nov 8
    $3,758
    252Special offer
    3 bd, 2 ba
    1,645
    Nov 8
    $3,978
    109Special offer
    2 bd, 2 ba
    1,493
    Now
    $4,700
    565Special offer
    2 bd, 2 ba
    1,317
    Now
    $4,700
    261Special offer
    3 bd, 2 ba
    1,527
    Now
    $4,700
    535Special offer
    3 bd, 2 ba
    1,515
    Oct 11
    $4,772

    What's special

    Pet washing station
    Clean pets, cleaner home
    A pet washing station is rare. Less than 10% 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.

    3D tours

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    • Zillow 3D Tour 1
      Zillow 3D Tour 1
    • Zillow 3D Tour 2
      Zillow 3D Tour 2
    • Zillow 3D Tour 3
      Zillow 3D Tour 3
    Skip to the beginning of the carousel

    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

    Parking
    • Detached Garage
    Pet essentials
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    • DogsAllowed
      Number allowed2
      Monthly dog rent$52
      Dog deposit$300
    • CatsAllowed
      Number allowed2
      Monthly cat rent$52
      Cat deposit$300
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    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

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    • Suburban Calm
      Serene suburban setting with space, comfort, and community charm.
      Green Spaces
      Scenic trails and gardens with private, less-crowded natural escapes.
      Dining Scene
      From casual bites to fine dining, a haven for food lovers.
      Highway Access
      Quick highway connections for seamless travel and regional access.
    Skip to the beginning of the carousel

    Lake Oswego’s 97035 blends suburban calm with polished conveniences across Lake Grove, Westlake, Waluga, and Mountain Park, set among evergreens and gentle hills with mild, rainy winters and warm, dry summers. Daily errands are easy with Trader Joe’s, New Seasons, and Zupan’s; coffee fans hit Ava Roasteria; and dining clusters around Kruse Village and Mercato Grove feature spots like Oswego Grill and Oven and Shaker. Fitness and fresh air are part of the routine thanks to the Mountain Park Recreation Center, paved paths, and trails in Waluga Park, Westlake Park, Bryant Woods, and Canal Acres, with Tryon Creek close by; dogs and strollers are common. Commuters appreciate quick access to I‑5 and OR‑217 via Kruse Way and TriMet bus service. Per recent Zillow market trends, the median asking rent sits in the mid-$2,000s, with most listings roughly $1,800–$3,200 in the past few months. Evenings skew cozy over clubby, with wine bars, dessert stops, and weekend farmers-market energy.

    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

    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.

    There are 8+ floor plans availableWith 193% more variety than properties in the area, you're sure to find a place that fits your lifestyle.