Cheap Apartments for Rent in Mercer Island, WA
28 rentals
- APPLY INSTANTLYPET FRIENDLY
- SPECIAL OFFERPET FRIENDLYTotal price$1,865 - $6,571/moStudio-3 Beds1-2 Baths77 Central | 2630 77th Ave SE #B348,
Mercer Island, WA 98040 - NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLYTotal price$1,899 - $4,441/mo1-4 Beds1-2 BathsShorewood | 3209 Shorewood Dr #36-150,
Mercer Island, WA 98040 - APPLY INSTANTLYFURNISHED
- PET FRIENDLY$1,975 - $3,510/moStudio-2 Beds1-2 BathsThe Mercer Apartment Homes | 7650 SE 27th St #303,
Mercer Island, WA 98040 - PET FRIENDLY$2,000 - $2,300/mo1-2 Beds1 BathMercer Manor Apartments | 2717 76th Ave SE #MM205,
Mercer Island, WA 98040 - PET FRIENDLY
- $2,159 - $4,099/moStudio-2 Beds1-2 BathsIsland Square | 2758 78th Ave SE #C-301,
Mercer Island, WA 98040 - $2,200 - $3,800/mo1-3 Beds1-2 BathsDowntown Mercer Island designed by Roger Newell | 3011 78th Ave SE #NC204,
Mercer Island, WA 98040 Save Search in Mercer Island, WA
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Apartments For Rent Near Mercer Island, WA
We found 30 more apartments matching your filters just outside Mercer Island
- APPLY INSTANTLYROOM FOR RENT
- APPLY INSTANTLYPET FRIENDLY
- APPLY INSTANTLYROOM FOR RENT
- SPECIAL OFFERPET FRIENDLYINCOME RESTRICTED$1,009 - $1,390/moStudio-1 Bed1 BathEthiopian Village | 8323 Rainier Ave S #e77c396b7,
Seattle, WA 98118 - APPLY INSTANTLYPET FRIENDLY
- APPLY INSTANTLYPET FRIENDLY
- APPLY INSTANTLYPET FRIENDLYROOM FOR RENT
- $1,195 - $1,500/moStudio1 BathCubix at Othello Apartments | 7339 43rd Ave S #B09,
Seattle, WA 98118 - $1,299 - $2,331/moStudio-3 Beds1-2 BathsPolaris at Rainier Beach | 9400 Rainier Ave S #206,
Seattle, WA 98118 - $1,310 - $1,410/mo1-2 Beds1-2 BathsThe Mauna Kea Comfortable, Age-Restricted / 55+ View Apartments | 11133 51st Ave S #35,
Seattle, WA 98178
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 decreased in May 2026 compared to the previous month. Rent previously peaked in Dec 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,985 |
| Jul 2025 | $3,995 |
| Aug 2025 | $3,600 |
| Sep 2025 | $4,250 |
| Oct 2025 | $4,450 |
| Nov 2025 | $3,650 |
| Dec 2025 | $4,850 |
| Jan 2026 | $3,650 |
| Feb 2026 | $3,100 |
| Mar 2026 | $3,134 |
| Apr 2026 | $2,995 |
| May 2026 | $2,950 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $2,410 | $2,995 | $3,650 | $8,500 | $2,995 |
| Apartments and Condos | $2,150 | $3,000 | $3,100 | — | $2,800 |
| Houses | — | — | $3,995 | $8,500 | $8,500 |
Frequently Asked Questions about Rentals 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 $2,694 per month. This is about 40% higher than the national average.
- What is the average rent of a house in Mercer Island, WA?The average rent of a house in Mercer Island, WA is $8,500 per month. This is about 340% higher than the national average.
- When is the average rent cheapest in Mercer Island, WA?In the last year, the average rent in Mercer Island, WA was lowest in Feb 2025 when it was $2,795 per month.
- When is the average rent most expensive in Mercer Island, WA?In the last year, the average rent in Mercer Island, WA was highest in Dec 2025 when it was $4,850 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 $2,410 per month. That is about $300 more than the cost of a studio apartment.
- How many available rental listings are in Mercer Island, WA?There are 37 available rental listings 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.