7150 S Sunnycrest Rd
SeattleWA98178
Cheap Homes for Rent in Mercer Island, WA from $1,300 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Mercer Island.
5721 122nd Pl SE
BellevueWA98006
118 107th Ave NE
BellevueWA98004
9803 Rainier Ave S
SeattleWA98118
4720 125th Ave SE
BellevueWA98006
2500 81st Ave SE
Mercer IslandWA98040
3403 S Juneau St
SeattleWA98118
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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Mercer Island, WA Local Guide
How much does it cost to rent a home in Mercer Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mercer Island 2 Bedroom Homes for Rent | $3,305 | $1,900 | $4,753 |
| Mercer Island 3 Bedroom Homes for Rent | $3,219 | $2,200 | $3,950 |
| Mercer Island 4 Bedroom Homes for Rent | $4,598 | $2,795 | $7,500 |
| Mercer Island 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
| Mercer Island 6 Bedroom Homes for Rent | $6,950 | $6,950 | $6,950 |
Browse Top Homes for Rent in Mercer Island
Explore Mercer Island
Mercer Island, WA Local Guide
- Mercer Island Neighborhoods
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ethiopian Village | Studio | Studio,1BA | $1,009 |
| Admirals Apartments | 1BR/1.0BA | 1BR,1BA | $1,395 |
| Westwinds Apartments | 1BR/1.0BA | 1BR,1BA | $1,450 |
Best Value Apartments for Rent in Mercer Island, WA
As of March 24, 2025 the best value apartment in the Mercer Island area is the $2.60 price per square foot Spinnaker Model at Bella Vista in the in the Kennydale neighborhood starting from $3,324. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bella Vista | Spinnaker | 2BR,2BA | $2.60 |
| Juniper Ridge Apartments | Unit Style 1 | 2BR,2BA | $2.54 |
| 3219 S Graham St | 3219 S Graham St | 2BR,1BA | $1.95 |
| Mercer Tower | 2 Bed/1 Bath | 2BR,1BA | $3.05 |
| Admirals Apartments | 1BR/1.0BA | 1BR,1BA | $2.05 |
| Via Apartments | 1BR/1.0BA | 1BR,1BA | $2.35 |
| Westwinds Apartments | 1BR/1.0BA | 1BR,1BA | $2.15 |
| Emerald Ridge | 1 Bed 1 Bath | 1BR,1BA | $3.12 |
| 8306 Wabash Ave S, Unit 8306 | 8306 Wabash Ave S | 2BR,1BA | $2.69 |
| Ethiopian Village | Studio | Studio ,1BA | $2.83 |
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Frequently Asked Questions about Mercer Island
What type of rentals are currently available in Mercer Island?
There are currently 181 Apartments for Rent in Mercer Island, WA with pricing that ranges from $1,009 to $15,713. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mercer Island ranging from $1,300 to $7,500.
What is the current price range for Rental Homes in Mercer Island?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mercer Island ranges from $1,300 to $7,500 with an average monthly rent of $3,638.
How much are larger Three and Four Bedroom Rentals in Mercer Island?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Mercer Island range from $2,251 to $15,713, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $3,950. Four Bedroom Single-Family rentals are also available starting from $2,795 and Four Bedroom Apartments start at $4,101.
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.
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.
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.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
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.