close
View Me
1 to 2 Bedroom Apartments
Westwinds Apartments
3059 Island Crest WayMercer Island, WA 98040
Cheap Apartments for Rent in Mercer Island, WA from $500 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Mercer Island.
close
View Me
$562 - $2,331Studio to 3 Bedroom Apartments Available Now
Polaris at Rainier Beach
9400 Rainier Ave SSeattle, WA 98118
close
View Me
$1,2951 Bedroom Apartments Available Now
Admirals Apartments
7429 Rainier Ave SSeattle, WA 98118
10333 Main St
BellevueWA98004
close
View Me
$1,5951 Bedroom Apartments Contact Us For Availability
Via Apartments
4836 S Austin StSeattle, WA 98118
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
close
View Me
Studio to 1 Bedroom Apartments
Eden Apartments
8401 Rainier Pl SSeattle, WA 98118
close
View Me
Studio to 2 Bedroom Apartments
Bryn Mawr Plaza Apartments
11620 Rainier Ave SSeattle, WA 98178
close
View Me
Studio to 2 Bedroom Apartments
La Fountaine Apartments
10226 SE 6th StBellevue, WA 98004
close
View Me
Studio to 3 Bedroom Apartments
Flourish on Rainier
7930 Rainier Ave SSeattle, WA 98118
close
View Me
Studio to 3 Bedroom Apartments
Village Gardens Apartments
550 102nd Ave SEBellevue, WA 98004
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
close
View Me
1 Bedroom Apartments
Willowbrook Apartments
10201 SE 3rd StBellevue, WA 98004
close
View Me
1 to 2 Bedroom Apartments
J & E Apartments
7900 Rainier Ave SSeattle, WA 98118
close
View Me
1 to 2 Bedroom Apartments
Cascade Court Apartments
7001 Rainier Ave SSeattle, WA 98118
close
View Me
1 to 2 Bedroom Apartments
Mar Vista Apartments
9215 56th Ave SSeattle, WA 98118
close
View Me
1 to 3 Bedroom Apartments
Newport Manor Apartments
12205 SE 60th StBellevue, WA 98006
The Emerald City's Secrets: A 30-Year Local's Guide to Renting in Seattle
Dive into Seattle's fascinating history—from its 'swampy mess' origins to the birthplace of grunge. Explore areas to rent like Pike Place Market, Pioneer Square, and the new Overlook Walk.
close
View Me
1 to 2 Bedroom Apartments
Colony Surf
9551 Rainier Ave SSeattle, WA 98118
Showing Results 1-16, Page 1 of 1
Mercer Island, WA Local Guide
How much does it cost to rent an apartment in Mercer Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Mercer Island Studio Apartments | $2,038 | $1,199 | $4,163 |
| Cheap Mercer Island 1 Bedroom Apartments | $2,441 | $696 | $6,109 |
| Cheap Mercer Island 2 Bedroom Apartments | $3,473 | $562 | $9,685 |
| Cheap Mercer Island 3 Bedroom Apartments | $3,846 | $2,331 | $10,000+ |
Browse Top Apartments in Mercer Island
See all Apartments in Mercer IslandExplore Mercer Island
Mercer Island, WA Local Guide
- Mercer Island Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Mercer Island Apartments for Rent
The cheapest available apartment rental in Mercer Island, WA is a Studio unit found at Flourish on Rainier in the Dunlap neighborhood priced from $1,164. Polaris at Rainier Beach in the Dunlap neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,199. Here is today’s list of the most affordable Mercer Island apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Flourish on Rainier | Studio 50 Percent AMI | Studio,1BA | $1,164 |
| Polaris at Rainier Beach | S1 | Studio,1BA | $1,199 |
| Admirals Apartments | 1BR/1.0BA | 1BR,1BA | $1,295 |
| Westwinds Apartments | 1BR/1.0BA | 1BR,1BA | $1,450 |
| 425 Apartments | 1BR/1.0BA | 1BR,1BA | $1,650 |
Best Value Apartments for Rent in Mercer Island, WA
As of January 22, 2026 the best value apartment in the Mercer Island area is the $2.04 price per square foot Windward Model at Bella Vista in the in the Kennydale neighborhood starting from $3,018. The second greatest value Mercer Island apartment is the 2x2 Model at Lakeview at Newcastle starting at $2,371 with a $2.26 price per square foot in the Kennydale 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 | Windward | 2BR,2BA | $2.04 |
| Lakeview at Newcastle | 2x2 | 2BR,2BA | $2.26 |
| Park 433 | 2x1PR | 2BR,1BA | $2.50 |
| Cross Creek Apartments | 2BR/2.0BA | 2BR,2BA | $2.74 |
| Courtyard Off Main | Robinswood I w/Den | 1BR,1BA | $2.85 |
| Commodore | 1x1 A | 1BR,1BA | $2.34 |
| Westwinds Apartments | 1BR/1.0BA | 1BR,1BA | $2.27 |
| Parc 3 | 1 Bed 1 Bath | 1BR,1BA | $2.83 |
| Admirals Apartments | 1BR/1.0BA | 1BR,1BA | $2.16 |
| Polaris at Rainier Beach | S1 | Studio ,1BA | $2.86 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
Seattle Apartment Guide: Find Your Rental Near Tech Hubs like Amazon, Google, and Adobe
Cut down on your commute! Discover Seattle's top neighborhoods to rent near major employers like Amazon, Meta, and Fred Hutchinson. Find your ideal work-life balance in the Emerald City.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticlePicking the Perfect Seattle Neighborhood for College Life
Learn About the Best Neighborhoods to Rent Near College Campuses in Seattle, WA | Find Seattle Off-Campus Student Housing at ApartmentHomeLiving.com
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Mercer Island area?
If you’re an expert on all things Mercer Island, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Local Schools in Mercer Island, WA
Northwood Elementary School
Mercer Island School District
Public School - Grades PK-5 (404)
10 out of 10
Mercer Island High School
Mercer Island School District
Public School - Grades 9-12 (1524)
10 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Mercer Island, WA Rentals by Map
See the most popular apartments and homes in Mercer Island, WA
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 Flourish on Rainier listed at $1,164.
How much is rent for a Cheap One Bedroom Mercer Island Apartment?
The lowest price for a Cheap One Bedroom Mercer Island Apartment is $1,295 at Admirals Apartments.
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 $2,036 at Lake Washington Apartments.
What is the most affordable Mercer Island Three Bedroom Apartment?
The best deal on a cheap Mercer Island Three Bedroom Apartment rental is at Flourish on Rainier and starts from $2,073.
Expert Rental Resources
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.
Helpful Local Expert Guides
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.
Picking the Perfect Seattle Neighborhood for College Life
Written by: Sharon Stallings
I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. Whether you're new to Seattle or grew up here, the neighborhood where you live makes a huge difference while attending college.
Seattle Apartment Guide: Find Your Rental Near Tech Hubs like Amazon, Google, and Adobe
Written by: Sharon Stallings
I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. We're blessed to live in Seattle, affectionately known as the Emerald City.
Articles, How-To's, and Tips
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.