Last updated February 11 2025 at 1:10 AM
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Mercato Grove
Property highlights
Mercato Grove redefines suburban living with its thoughtful, wellness-focused residential experience. Nestled in Lake Oswego, this community provides all the perks of an urban downtown atmosphere, enriched with local culinary and retail delights. The property boasts an array of standout amenities, including a gym, pool, sauna, and spacious apartments with modern designs. Its prime location ensures residents are within walking distance of vibrant parks, top-rated schools, and over 45 local dining options. Perfect for those seeking a balanced lifestyle, Mercato Grove is a haven for residents who appreciate a blend of convenience and charm.
17 units available
Studio • 1 Bed • 2 Beds • 3+ Beds
Location
4055 Mercantile Drive, STE 100, Lake Oswego OR 97035, Walluga
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Garage, Stainless steel + more
Price range
$1,959 - $5,689 per month
Commute
Rent Special
Receive up to 10 weeks free rent + 1 free parking space for 12 months! Contact Leasing for restrictions and details.
Restrictions may apply
Price and Availability
Verified by Mercato Grove 1 hour ago. Prices may vary depending on lease length. We get our prices directly from Mercato Grove.
Prices shown are base rent prices and may not include non-optional fees and utilities. See more details
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1X1 A
1 Bed • 1 Bath • 546 sqft
Starting at
$1,959
Available
3
Unit 374
Avail. Feb 26
$1,959
Unit 247
Avail. now
$2,010
Unit 464
Avail. now
$2,108
1X1 Alcove
1 Bed • 1 Bath • 589 sqft
Starting at
$1,961
Available
3
Unit 335
Avail. now
$1,961
Unit 435
Avail. now
$1,985
Unit 365
Avail. now
$2,213
1x1 B
1 Bed • 1 Bath • 719 sqft
Starting at
$2,500
Available
1
Unit 241
Avail. Mar 22
$2,500
1X1 Den
1 Bed • 1 Bath • 842 sqft
Starting at
$2,884
Available
2
Unit 325
Avail. Mar 8
$2,884
Unit 227
Avail. now
$3,004
Connect with Mercato Grove
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Location
4055 Mercantile Drive, STE 100, Lake Oswego, OR 97035 Walluga
Amenities
In unit laundry
Patio / balcony
Dishwasher
Pet friendly
Garage
Stainless steel
Unit Amenities
air conditioning
in unit laundry
patio / balcony
dishwasher
extra storage
garbage disposal
microwave
range
refrigerator
smoke-free units
stainless steel
walk in closets
Property Amenities
pet friendly
conference room
clubhouse
24hr gym
pool
bike storage
package receiving
sauna
cats allowed
dogs allowed
accessible
elevator
garage
parking
bbq/grill
car charging
cc payments
courtyard
game room
guest parking
key fob access
lobby
online portal
pool table
smoke-free community
Mercato Grove is a new kind of neighborhood. Unlike anything available outside the urban core, Mercato Grove delivers a thoughtful, wellness-focused residential experience with a thriving local food scene and retail destination. It’s everything you could want from a downtown experience in a one-of-a-kind suburban setting. With 4 distinct neighborhoods and design aesthetics, all of our one-, two- and three-bedroom apartments and townhomes accentuate Mercato Grove’s signature quality and characteristic charm. You had me at L.O.
Verified reviews
Property Details (Fees & Lease)
Fee Details
Price shown is Base Rent. Residents are required to pay Application Fee ($42.00, Nonrefundable, One-Time, At Application, Per Applicant); Security Deposit (Refundable) ($500.00, Refundable, One-Time, At Move-in, Per Unit); Electric (Usage-Based (Utilities), Nonrefundable, Per Month, Monthly, Per Unit); Gas (Usage-Based (Utilities), Nonrefundable, Per Month, Monthly, Per Unit); Renters Liability Insurance - Third Party (Range/Varies, Nonrefundable, Per Month, Monthly, Per Leaseholder); Trash Services - Hauling (Usage-Based (Utilities), Nonrefundable, Per Month, Monthly, Per Unit); Water/Sewer (Usage-Based (Utilities), Nonrefundable, Per Month, Monthly, Per Unit). 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.
Lease Length12-18 months
Income Requirement
Must have 3x the rent in total household income (before taxes)
UtilitiesRenter responsible for all utilities
Application Fee$42
Deposit$500
Pet Policy
Pets allowed
Cats, dogs
deposit
300.0
rent
52.0
limit
2
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 Details
Covered lot, assigned. Please call us for the parking policy and storage unit rental information. Garage parking is $185-250/mon. Garage.
Explore the Area
Grocery Stores
Parsons Farms
0.4 mi
Albertsons
0.4 mi
Zupan's
0.6 mi
Trader Joe's
1.2 mi
New Seasons Market
1.5 mi
Restaurants
Grassa
0.1 mi
Lardo
0.1 mi
Clean Juice
0.1 mi
Biscuits Cafe
0.1 mi
Ovation Coffee & Tea
0.1 mi
Public Transportation
Kruse Way & Mercantile
0.1 mi
Kruse Way & Daniel Way
0.1 mi
Boones Ferry Road & Mercantile Drive
0.1 mi
Boones Ferry Road & Mercantile Drive
0.1 mi
Boones Ferry Road & Kruse Way Place
0.2 mi
Airports
Wiley's Seaplane Port
3.5 mi
Flying K Ranch Airport
7.6 mi
Portland Downtown Heliport
7.9 mi
Aeroacres Airport
8.8 mi
Fairways Airfield
10.5 mi
Schools
8 /10
Oak Creek Elementary School
Public1-5
565 Students
1.0 mi
9 /10
Lake Oswego Junior High School
Public6-8
884 Students
1.0 mi
10 /10
Lake Oswego Senior High School
Public9-12
1,273 Students
1.1 mi
8 /10
Lakeridge Middle School
Public6-8
867 Students
1.4 mi
7 /10
Lake Grove Elementary School
PublicK-5
405 Students
1.4 mi
Data provided by GreatSchools. Ratings are based on test scores and additional metrics when available.
Parks
Pennington Park
0.2 mi
East Waluga Park
0.3 mi
West Waluga Park
0.6 mi
Lake Grove Swim Park
0.6 mi
Westlake Park
0.8 mi
Entertainment
Twist Yoga
0.1 mi
Barre3
0.4 mi
BurnCycle
0.4 mi
Lake Oswego Indoor Tennis Center
0.7 mi
Mountain Park Racquet Center
0.9 mi
Pets
Animal Care Group
0.2 mi
The Avian Medical Center
0.4 mi
Waluga Dog Park
0.6 mi
Lake Oswego Hunt Club
0.7 mi
Cat Care Professionals
1.1 mi
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Frequently Asked Questions
Frequently Asked Questions (FAQs)
Does Mercato Grove have any available units?
Mercato Grove has 17 units available starting at $1,959 per month. Check out the Price and Availability section for the most up-to-date unit information.
How much is rent in Lake Oswego, OR?
In Lake Oswego, OR, the average rent is $1,450 for a studio, $1,984 for a 1-bedroom, $2,605 for a 2-bedroom, and $3,571 for a 3-bedroom.
What amenities does Mercato Grove have?
Some of Mercato Grove's amenities include in unit laundry, patio / balcony, and dishwasher. To see the other amenities this property offers, check out the Amenities section.
Is Mercato Grove currently offering any rent specials?
Mercato Grove is offering the following rent specials: Receive up to 10 weeks free rent + 1 free parking space for 12 months! Contact Leasing for restrictions and details.
Is Mercato Grove pet-friendly?
Yes, Mercato Grove is pet-friendly.
Does Mercato Grove offer parking?
Yes, Mercato Grove offers parking.
Does Mercato Grove have units with washers and dryers?
Yes, Mercato Grove offers units with in unit laundry.
Does Mercato Grove have a pool?
Yes, Mercato Grove has a pool.
Does Mercato Grove have accessible units?
Yes, Mercato Grove has accessible units.
Does Mercato Grove have units with dishwashers?
Yes, Mercato Grove has units with dishwashers.