Cheap Apartments for Rent in Mercer Island, WA from $1,145 (60 Rentals)

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

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Shorewood
$1,719 - $3,332

Total Monthly Price

Base Rent$1,719 - $3,332

Total Monthly PriceVaries
Studio to 4 Bedroom Apartments Available Now

Shorewood

3209 Shorewood DrMercer Island, WA 98040
Affordability
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property at 2760 76th Ave SE
$2,395 - $3,000
1 To 2 Bedroom Rentals
Available Now

2760 76th Ave SE

Mercer IslandWA98040
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Westwinds Apartments
1 to 2 Bedroom Apartments

Westwinds Apartments

3059 Island Crest WayMercer Island, WA 98040
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Grace Place
1 Bedroom Apartments

Grace Place

2720 76th Ave SEMercer Island, WA 98040
Senior Living
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Aviara
Studio to 3 Bedroom Apartments

Aviara

2441 76th Ave SEMercer Island, WA 98040
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The Hadley
Studio to 2 Bedroom Apartments

The Hadley

2601 76th Ave SEMercer Island, WA 98040

Living Life Outside of the City: An Expert's Guide to the Best Surrounding Cities Near Seattle for Renters

Moving to the Seattle metro area? Explore our expert's guide to the best nearby cities for renters, including Redmond, Kirkland, and Renton. Find the right fit for your budget and commute. Check Availability today!

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77 Central
Studio to 3 Bedroom Apartments

77 Central

2630 77th Ave SEMercer Island, WA 98040
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Mercer Tower
Studio to 2 Bedroom Apartments

Mercer Tower

2805 75th Pl SEMercer Island, WA 98040
property at 5915 S Cooper St
$975

Total Monthly Price

Base Rent$975

Total Monthly Price$975
1 Bedroom, 1 Bath Home for Rent
Available Now
Furnished

5915 S Cooper St, Unit Middle Bedroom

5915 S Cooper St
SeattleWA98118
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Commodore
Rent Specials
$1,795 - $3,100

Total Monthly Price

Base Rent$1,795 - $3,100

Total Monthly Price$1,795 - $3,100
1 to 3 Bedroom Apartments Available Now

Commodore

527-537 Bellevue Way SEBellevue, WA 98004
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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6707 121st Ave SE, Unit #2
$2,300

Total Monthly Price

Base Rent$2,300

Total Monthly Price$2,300
1 Bedroom Apartment Available Oct 16

6707 121st Ave SE, Unit #2

6707 121st Ave SEBellevue, WA 98006
Affordability
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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.

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Eden Apartments
Studio to 2 Bedroom Apartments

Eden Apartments

8401 Rainier Pl SSeattle, WA 98118
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Ethiopian Village
Studio to 2 Bedroom Apartments

Ethiopian Village

8323 Rainier Ave SSeattle, WA 98118
Senior Living
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Flourish on Rainier
Studio to 3 Bedroom Apartments

Flourish on Rainier

7930 Rainier Ave SSeattle, WA 98118
  • Utilities Included
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J & E Apartments
1 to 2 Bedroom Apartments

J & E Apartments

7900 Rainier Ave SSeattle, WA 98118

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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7001 Rainier Ave S
1 to 2 Bedroom Apartments

7001 Rainier Ave S

7001 Rainier Ave SSeattle, WA 98118
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Colony Surf
1 to 2 Bedroom Apartments

Colony Surf

9551 Rainier Ave SSeattle, WA 98118
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Mar Vista Apartments
1 to 2 Bedroom Apartments

Mar Vista Apartments

9215 56th Ave SSeattle, WA 98118
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Austin Building
1 to 2 Bedroom Apartments

Austin Building

4836 S Austin StSeattle, WA 98118
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Emerald City Commons
1 to 3 Bedroom Apartments

Emerald City Commons

7700-7722 Rainier Ave SSeattle, WA 98118
  • Utilities Included
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425 Apartments
1 to 2 Bedroom Apartments

425 Apartments

425-427 Bellevue Way SEBellevue, WA 98004

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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 1 Bed unit found at Eden Apartments in the Dunlap neighborhood priced from $655. Flourish on Rainier in the Dunlap neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here is today’s list of the most affordable Mercer Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Eden Apartments1BR/1.0BA1BR,1BA$655
Flourish on RainierStudio 50 Percent AMIStudio,1BA$1,050
Admirals Apartments1BR/1.0BA1BR,1BA$1,295
Lake Washington Apartments1x11BR,1BA$1,702
2000 Lake Washington ApartmentsOne Bed One Bath1BR,1BA$1,758
Commodore1x1, Small1BR,1BA$1,795
ShorewoodWhidbey-Restored1BR,1BA$1,909
Island SquareE1EStudio,1BA$1,996
Emerald RidgePlan 1A1BR,1BA$2,027
AviaraShorelineStudio,1BA$2,039

Best Value Apartments for Rent in Mercer Island, WA

As of September 08, 2026 the best value apartment in the Mercer Island area is the $2.74 price per square foot 2 Bedroom 2 Bath Model at Park Plaza Apartments in the in the North Bellevue neighborhood starting from $3,700. The second greatest value Mercer Island apartment is the Spinnaker Townhome - Standard Model at Bella Vista starting at $3,578 with a $2.80 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Park Plaza Apartments2 Bedroom 2 Bath2BR,2BA$2.74
Bella VistaSpinnaker Townhome - Standard2BR,2BA$2.80
Lakeview at Newcastle2x22BR,2BA$2.42
Park 4332X1R2BR,1BA$2.40
Monte Bella Apartments2BR/1.0BA2BR,1BA$2.55
Mercer Park Apartments2BR/1.0BA2BR,1BA$2.44
Admirals Apartments1BR/1.0BA1BR,1BA$1.48
Cross Creek Apartments2BR/2.0BA2BR,2BA$2.63
2000 Lake Washington ApartmentsOne Bed One Bath1BR,1BA$2.70
Eden Apartments1BR/1.0BA1BR,1BA$2.51

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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.

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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.

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From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 $1,050.

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

The lowest price for a Cheap One Bedroom Mercer Island Apartment is $655 at Eden 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 $1,999 at Flourish on Rainier.

What is the most affordable Mercer Island Three Bedroom Apartment?

The best deal on a cheap Mercer Island Three Bedroom Apartment rental is at Lake Washington Apartments and starts from $2,331.

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.

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