Mercer Island WA Apartments

23 rentals

Apartments For Rent Near Mercer Island, WA

We found 30 more apartments matching your filters just outside Mercer Island

Average Rent Trends in Mercer Island, WA

Rent in Mercer Island, WA varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment stayed about the same in Sep 2026 compared to the previous month. Rent for apartments peaked in Aug 2025.
MonthAverage rent
Oct 2025$2,486
Nov 2025$2,589
Dec 2025$2,576
Jan 2026$2,517
Feb 2026$2,432
Mar 2026$2,440
Apr 2026$2,580
May 2026$2,565
Jun 2026$2,578
Jul 2026$2,521
Aug 2026$2,734
Sep 2026$2,729
View as a graph

Average Rent By Bedroom and Home Type

In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$2,350$3,250$3,500$6,500$4,595
Townhomes—$4,500$5,800—$4,500
Apartments and Condos$2,350$2,995$3,250—$2,995
Houses$2,275$2,700$1,100$6,500$6,500
See more information about local market trends in Mercer Island, WA

Frequently Asked Questions about Apartments and Condos for rent in Mercer Island, WA

  • What is the average rent of an apartment in Mercer Island, WA?
    The average rent of an apartment in Mercer Island, WA is $2,733 per month. This is about 40% higher than the national average.
  • When is the average rent for an apartment cheapest in Mercer Island, WA?
    In the last year, the average rent in Mercer Island, WA was lowest in Jan 2025 when it was $2,439 per month.
  • When is the average rent for an apartment most expensive in Mercer Island, WA?
    In the last year, the average rent in Mercer Island, WA was highest in Aug 2025 when it was $2,784 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Mercer Island, WA?
    The average rent of a 1 bedroom apartment in Mercer Island, WA is $2,452 per month. That is about $256 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in Mercer Island, WA?
    There are 26 available apartments or condos to rent in Mercer Island, WA.
  • What are some cities near Mercer Island, WA?
    Some nearby cities include: Beaux Arts Village, Medina, Newcastle, Bellevue, Clyde Hill. These cities may have more rental options to explore.
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