Luxury Apartments for Rent in Mercer Island, WA
60 rentals
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APPLY INSTANTLYPET FRIENDLY0.25 ACRES
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PET FRIENDLYTotal price$2,282 - $6,156/mo
Studio-3 Beds
1-2 Baths77 Central | 2630 77th Ave SE,
Mercer Island, WA 98040
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SPECIAL OFFERPET FRIENDLYTotal price$2,124 - $4,248/moStudio-2 Beds1-2 BathsIsland Square | 2758 78th Ave SE,
Mercer Island, WA 98040
SPECIAL OFFERPET FRIENDLY$2,420 - $3,960/moStudio-2 Beds1-2 BathsThe Mercer Apartment Homes | 7650 SE 27th St,
Mercer Island, WA 98040
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SPECIAL OFFERPET FRIENDLYTotal price$1,739 - $3,619/mo1-4 Beds1-2 BathsShorewood | 3209 Shorewood Dr,
Mercer Island, WA 98040
PET FRIENDLY$2,300 - $3,500/mo1-3 Beds1-2 BathsNewell Court Apartments, downtown Mercer Island | 3011 78th Ave SE,
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 Aug 2026 compared to the previous month. Rent previously peaked in Dec 2025.
| Month | Average rent |
|---|---|
| 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 | $3,143 |
| Apr 2026 | $2,995 |
| May 2026 | $2,950 |
| Jun 2026 | $3,200 |
| Jul 2026 | $3,195 |
| Aug 2026 | $3,250 |
Average Rent By Bedroom and Home Type
In September 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 | $2,500 | $3,000 | $4,100 | $6,995 | $3,800 |
| Townhomes | $2,395 | $4,500 | $5,800 | — | $4,500 |
| Apartments and Condos | $2,500 | $2,999 | — | — | $2,782 |
| Houses | $3,200 | $2,750 | $1,100 | $6,995 | $6,500 |
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 $2,736 per month. This is about 39% 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 $2,500 per month. That is about $231 more than the cost of a studio apartment.
- How many available rental listings are in Mercer Island, WA?There are 63 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 de lujo en renta en Mercer Island, WA - 244 Rentas | Trulia