Cheap Apartments for Rent in the Mercer Heights Neighborhood of Mercer Island, WA from $600 (80 Rentals)

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

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Aviara
Studio to 3 Bedroom Apartments

Aviara

2441 76th Ave SEMercer Island, WA 98040

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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property at 1122 23rd Ave

1122 23rd Ave

SeattleWA98122
property at 2301 E Union St

2301 E Union St

SeattleWA98122
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Genoa
Studio Apartments

Genoa

2305 S Plum StSeattle, WA 98144
  • Utilities Included
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Spruce Park Apartments
Studio to 1 Bedroom Apartments

Spruce Park Apartments

155 21st AveSeattle, WA 98122
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The Redwood
Studio Apartments

The Redwood

111 21st Ave ESeattle, WA 98112
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Mercer Heights, Mercer Island, WA Local Guide

Cheapest Available Mercer Heights Apartments for Rent

 

The cheapest available apartment rental in the Mercer Heights area of Seattle, WA is a 1 Bed unit found at Four Amigos - Beloved Community priced from $797. Genoa has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable Mercer Heights apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Four Amigos - Beloved Community1.11BR,1BA$797
GenoaSmall StudioStudio,1BA$850
Mt Baker The Maddux ApartmentsStudio FStudio,1BA$850
Filipino Community Village (Affordable, 55+)Studio Homes for Seniors 55+Studio,1BA$875
Tahoma Valley ApartmentsStudio (S4)Studio,1BA$975
Hanford StudiosStudioStudio,1BA$999
NOCO ApartmentsStudio FStudio,$999
The RedwoodStudio 1.2Studio,1BA$1,005
Elizabeth James House1B1BR,1BA$1,052
Liberty Bank BuildingStudioStudio,1BA$1,100

Best Value Apartments for Rent in Mercer Heights, WA

As of April 15, 2025 the best value apartment in the Mercer Heights area is the $2.24 price per square foot Two Bedroom Model at 12 Central Square in the in the North Bellevue neighborhood starting from $2,802. The second greatest value Mercer Heights apartment is the 2X1R Model at Park 433 starting at $2,495 with a $2.50 price per square foot in the Fortuna neighborhood. Here is today’s list of the best values for Mercer Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
12 Central SquareTwo Bedroom2BR,2BA$2.24
Park 4332X1R2BR,1BA$2.50
2401 S Jackson St, Unit FL6-ID5482401 S Jackson St2BR,2BA$2.08
Joe Black Apartments3B3BR,1BA$2.28
VerseEnjoy 3 Months of Free Parking @ Verse Seattle!1BR,1BA$2.25
Clairemont Apartments1x11BR,1BA$2.20
Westwinds Apartments1BR/1.0BA1BR,1BA$2.27
137 29th Ave, Unit B137 29th Ave1BR,1BA$2.17
Elizabeth James House1B1BR,1BA$1.98
Four Amigos - Beloved Community1.11BR,1BA$1.65

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Mercer Heights, Mercer Island, WA

Ranked #1

Among neighborhoods in Mercer Island, WA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Mercer Heights, Mercer Island, WA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Mercer Island. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, pet-friendly features, family-friendliness, proximity to transit, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Mercer Heights Apartments

What is a cheap apartment in Mercer Heights?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Mercer Heights is under $1,100.

What is the price of a cheap apartment in Mercer Heights?

The cheapest apartment in Mercer Heights is Four Amigos - Beloved Community which is listed at $797, while the average apartment in Mercer Heights costs $3,745.

What types of apartments are the cheapest in Mercer Heights?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 106 regular apartments in Mercer Heights that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Mercer Heights?

Cheap apartments in Mercer Heights have an average cost of $263 which is $3,482 cheaper than the average rent for all rentals in Mercer Heights.

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.