Cheap Apartments for Rent in Mercer Island, WA from $900 (20 Rentals)

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Search the lowest-cost Apartments available for rent right now in Mercer Island.

Seattle's Best Affordable Neighborhoods

Learn about Seattle, WA and the best places to live with original content written by our Local Expert Sharon Stallings

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Park 433
Studio to 2 Bedroom Apartments

Park 433

433 Bellevue Way SEBellevue, WA 98004
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Colony Surf
1 to 2 Bedroom Apartments

Colony Surf

9551 Rainier Ave SSeattle, WA 98118
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Mercer Island, WA Local Guide

Cheapest Available Mercer Island Apartments for Rent

 

The cheapest available apartment rental in Mercer Island, WA is a Studio unit found at Ethiopian Village in the Dunlap neighborhood priced from $1,009. Admirals Apartments in the Duwamish neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,395. Here is today’s list of the most affordable Mercer Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ethiopian VillageStudioStudio,1BA$1,009
Admirals Apartments1BR/1.0BA1BR,1BA$1,395
Westwinds Apartments1BR/1.0BA1BR,1BA$1,450
Polaris at Rainier BeachS1Studio,1BA$1,546
Via Apartments1BR/1.0BA1BR,1BA$1,595

Best Value Apartments for Rent in Mercer Island, WA

As of March 25, 2025 the best value apartment in the Mercer Island area is the $2.58 price per square foot Spinnaker Model at Bella Vista in the in the Kennydale neighborhood starting from $3,293. The second greatest value Mercer Island apartment is the Unit Style 1 Model at Juniper Ridge Apartments starting at $2,700 with a $2.54 price per square foot in the West Lake Hills neighborhood. Here is today’s list of the best values for Mercer Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bella VistaSpinnaker2BR,2BA$2.58
Juniper Ridge ApartmentsUnit Style 12BR,2BA$2.54
Mercer Tower2 Bed/1 Bath2BR,1BA$3.05
Via Apartments1BR/1.0BA1BR,1BA$2.35
Admirals Apartments1BR/1.0BA1BR,1BA$2.05
Westwinds Apartments1BR/1.0BA1BR,1BA$2.15
Emerald Ridge1 Bed 1 Bath1BR,1BA$3.12
2000 Lake Washington ApartmentsOne Bed One Bath1BR,1BA$3.18
8306 Wabash Ave S, Unit 83068306 Wabash Ave S2BR,1BA$2.69
Ethiopian VillageStudioStudio ,1BA$2.83

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Pet Friendly Lifestyle
Mercer Island, WA

Ranked #59

Among cities in Washington for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Mercer Island, WA

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Mercer Island, WA Rentals by Map

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See the most popular apartments and homes in Mercer Island, WA

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Getting Around Mercer Island, WA

Walk Score®

70 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

56 / 100

Bikeable

Some bike infrastructure

Transit Score®

36 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Mercer Island Apartments

What is the Cheapest Studio apartment in Mercer Island?

Currently the most affordable Cheap Studio Apartment in Mercer Island is at Ethiopian Village listed at $1,009.

How much is rent for a Cheap One Bedroom Mercer Island Apartment?

The lowest price for a Cheap One Bedroom Mercer Island Apartment is $1,159 at Ethiopian Village.

What is the lowest price for a Cheap Two Bedroom Mercer Island Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Mercer Island is starting from $2,100 at Shorewood.

What is the most affordable Mercer Island Three Bedroom Apartment?

The best deal on a cheap Mercer Island Three Bedroom Apartment rental is at Bella Vista and starts from $2,846.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for The 10 Best Affordable Neighborhoods in Seattle, WA article

The 10 Best Affordable Neighborhoods in Seattle, WA

Written by: Sharon Stallings

I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. My husband, two children, and I moved to West Seattle in 1995.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.