Apartments for Rent in Mercer Island, WA

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Average rent in Mercer Island, WA

$2,676/mo Mercer Island, WA average rental price, May 2025

The average monthly rent of apartments in Mercer Island, WA is $2,676.

Mercer Island, WA apartment rent ranges

About 32% of apartment rents in Mercer Island, WA range between $2,501-$3,000. Meanwhile, apartments around > $3,000 represent 24% of apartments. Around 33% of Mercer Island’s apartments are in the $2,001-$2,500 price range. 11% of apartments are priced between $1,501-$2,000.

Mercer Island, WA rent trends

Check out the average rent prices in Mercer Island by neighborhood.

Compared to the national average rent of $1,761, the average rent in Mercer Island, WA is $2,676.

Getting around in Mercer Island, WA

22 /100

Car-Dependent

20 /100

Minimal Transit

9 /100

Somewhat Bikeable

Walk Score®: 22, Transit Score®: 20, Bike Score®: 9

Frequently asked questions

When were prices and availability in Mercer Island, WA last updated?

Prices and availability in Mercer Island, WA were last updated on 16 Jun 2025.

What are the best apartments in Mercer Island, WA?

The best apartments in Mercer Island, WA are: The Mercer Apartment Homes, 77 Central, 7667 Southeast 27th Street and 7942 Lake View Ln.

What is the average rent in Mercer Island, WA?

The average rent in Mercer Island, WA is $2,611.

What is the price range for a studio apartment in Mercer Island, WA?

The price range for a studio apartment in Mercer Island, WA is between $1,815 and $2,888.

What is the price range for a 1-bedroom apartment in Mercer Island, WA?

The price range for a 1-bedroom apartment in Mercer Island, WA is between $2,725 and $11,062.

What is the price range for a 2-bedroom apartment in Mercer Island, WA?

The price range for a 2-bedroom apartment in Mercer Island, WA is between $3,600 and $8,806.

What is the price range for a 3-bedroom apartment in Mercer Island, WA?

The price range for a 3-bedroom apartment in Mercer Island, WA is between $1,977 and $4,024.

What type of rental buildings are in Mercer Island, WA?

In Mercer Island, 34% of the residents are renting compared to 66% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 40% of Mercer Island’s rentals, 41% are small-scale complexes with under 50 units, and 20% are single-family rentals.

What do typical apartment communities look like in Mercer Island, WA?

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city.  In this case, the apartment buildings in Mercer Island are about 37 years old, on average. Of these, 59% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 4 stories. About 68% of the rental communities here are low-rise, garden-style communities, 45% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

What apartment floorplans are common in Mercer Island, WA?

Rental apartments in Mercer Island come in a range of sizes and floorplans. Studio apartments represent 11% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 43% of the total apartments in the city, while 2-bedroom floorplans represent around 41% of all rentals in Mercer Island. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.

Living in Mercer Island, WA

Mercer Island is a beautiful town located on an island between Seattle and Bellevue in Washington. It’s surrounded by Lake Washington on all sides and was originally developed as a small resort in the late 19th century. Today, Mercer Island is a quiet, residential town that’s popular among families and retirees. In particular, renters love the area’s tight-knit, peaceful community. It’s also within close proximity of the larger cities of Seattle and Bellevue, but still has a slow pace of life and is very safe. There are also many parks and walking trails throughout Mercer Island where renters can take advantage of the town’s cool and mild weather. Plus, Mercer Island hosts farmers’ markets throughout the summer, which are popular community gathering places. Many renters also love Mercer Island’s highly rated public schools and library.

Renting in Mercer Island, WA

Most rental properties on Mercer Island are concentrated in the northern part of town around the highway. Here, there are a mix of low- and mid-rise apartment complexes; townhomes; and single-family homes. Meanwhile, the southern part of the island consists almost entirely of single-family homes and has a very traditional, suburban feel. Neighborhoods on Mercer Island are very hilly, and most rental properties are surrounded by trees and green space. And, while many apartments on Mercer Island feature traditional architecture, they also offer modern interiors and amenities. Notably, rental costs on Mercer Island are much higher than the national average and are higher than many other parts of the Seattle metropolitan area due to the area’s desirability. As a result, finding an apartment on Mercer Island can be competitive, and renters should be prepared to pay a security deposit when moving in.

Shopping in Mercer Island, WA

Because of Mercer Island’s quiet, residential nature, renters don’t have too many options when it comes to shopping here. That said, there is a small shopping district on the north end of the island that has two grocery stores and a drugstore. There’s also one grocery store on the south end of the island. Although renters don’t have many shopping options directly on Mercer Island, there are plenty of stores just a short drive away in Bellevue. Specifically, the Marketplace at Factoria is the closest mall to Mercer Island. It contains popular clothing stores like Old Navy and Nike, as well as stores like Walmart and Target.

Transportation in Mercer Island, WA

Driving is the easiest way for renters to get around on Mercer Island. That’s because the town is very hilly, and having a car makes it easier to navigate. Accordingly, apartments on Mercer Island offer driveways or parking garages so renters can safely park their cars. Interstate 90 connects Mercer Island directly to Seattle and Bellevue for an easy commute. Biking is also a popular transportation option for renters on Mercer Island, as there are many trails in the area. There are also public transit options available on Mercer Island through Sound Transit and King County Metro: Currently, renters can take express buses from Mercer Island to downtown Seattle, as well as some local routes on the island. A light rail line is also in development from Seattle to Bellevue and Redmond, which will have a stop on Mercer Island. This will make it even easier for renters to commute via public transit.

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Are you looking to land that one apartment near you that ticks all the boxes? Now you can browse through available RentCafe apartment listings in your area, rated and reviewed by verified residents. Comparing the size, price, amenities and location of apartments for rent near you is easier than ever. Do you feel like expanding the search beyond your neighborhood and ZIP code? Browse apartments for rent in your city and state to find the best fit, wherever you are in the U.S. Somewhere out there is the perfect apartment just waiting for you.

Whether you're looking for a studio, an apartment with one or more bedrooms, or maybe you're upgrading to a luxury apartment or need to acommodate a pet, RentCafe allows you to easily search for a rental near you based on your criteria, anywhere in the U.S. So, let's find your new home today!

RentCafe is your one-stop shop for finding a great new apartment in Mercer Island, WA. Easily search through a wide selection of apartments for rent in Mercer Island, WA, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Mercer Island, WA apartments with rents starting from $950 and submit your rental application today!

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STUDIO	$1,795+
1 BED	$2,850+
2 BEDS	$3,600+

STUDIO	$1,977+
1 BED	$2,730+
2 BEDS	$3,658+

1 BED	$1,650
2 BEDS	Ask for Pricing

STUDIO	$1,100
1 BED	$1,100

2 BEDS	$3,099+
3 BEDS	$4,725

STUDIO	$1,895+
1 BED	$2,545+
2 BEDS	$3,715+

1 BED	$1,310
2 BEDS	$1,243+
3 BEDS	$1,424

1 BED	$1,085+
2 BEDS	$1,747

STUDIO	$1,319+
1 BED	$1,453+
2 BEDS	$2,438+

Apartments for Rent in Mercer Island, WA 134 Rentals Available

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