Cheap Apartments for Rent in Mercer Island, WA
46 rentals
Use arrow keys to navigateAPPLY INSTANTLYFURNISHEDROOM FOR RENT
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,942 - $4,427/mo
1-4 Beds
1-2 BathsShorewood | 3209 Shorewood Dr #33-240,
Mercer Island, WA 98040
Use arrow keys to navigatePET FRIENDLYFURNISHED$1,994 - $3,719/moStudio-2 Beds1-2 BathsIsland Square | 2758 78th Ave SE #406,
Mercer Island, WA 98040
Use arrow keys to navigatePET FRIENDLY$2,000 - $2,500/mo1-2 Beds1 BathMercer Manor Apartments | 2717 76th Ave SE #MM205,
Mercer Island, WA 98040
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$2,106 - $6,434/moStudio-3 Beds1-2 Baths77 Central | 2630 77th Ave SE #A314,
Mercer Island, WA 98040
Use arrow keys to navigatePET FRIENDLY
Use arrow keys to navigatePET FRIENDLY
PET FRIENDLY$2,165 - $4,325/moStudio-2 Beds1-2 BathsThe Mercer Apartment Homes | 7650 SE 27th St #364,
Mercer Island, WA 98040
APPLY INSTANTLYFURNISHED
PET FRIENDLY
PET FRIENDLY$2,295 - $2,350/mo2 Beds1 BathMercer View Apartments | 3015 81st Pl SE #204,
Mercer Island, WA 98040
$2,300 - $3,500/mo1-3 Beds1-2 BathsNewell Court Apartments, downtown Mercer Island | 3011 78th Ave SE #NC109,
Mercer Island, WA 98040
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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 increased in Jun 2026 compared to the previous month. Rent previously peaked in Dec 2025.
| Month | Average rent |
|---|---|
| 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 |
| Jun 2026 | $3,200 |
Average Rent By Bedroom and Home Type
In July 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $2,350 | $3,172 | $5,200 | $6,900 | $3,200 |
| Townhomes | — | $2,795 | — | — | $2,795 |
| Apartments and Condos | $2,173 | $3,100 | — | — | $2,500 |
| Houses | — | $3,200 | $5,600 | $6,900 | $6,273 |
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 $2,575 per month. This is about 32% 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 $2,350 per month. That is about $56 less than the cost of a studio apartment.
- How many available rental listings are in Mercer Island, WA?There are 48 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.
View this page in Spanish: Apartamentos baratos en renta en Mercer Island, WA - 224 Rentas | Trulia