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$1,730 - $3,101Studio to 4 Bedroom Apartments Available Now
Shorewood
3209 Shorewood DrMercer Island, WA 98040
Cheap Apartments for Rent in Mercer Island, WA from $700 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Mercer Island.
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Rent Specials
$1,795 - $3,706Studio to 2 Bedroom Apartments Available Now
Island Square
2758 78th Ave SEMercer Island, WA 98040
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$1,240 - $2,331Studio to 3 Bedroom Apartments Available Now
Polaris at Rainier Beach
9400 Rainier Ave SSeattle, WA 98118
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$1,275 - $1,2951 Bedroom Apartments Contact Us For Availability
Willowbrook Apartments
10201 SE 3rd StBellevue, WA 98004
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$1,3501 Bedroom Apartments Contact Us For Availability
Admirals Apartments
7429 Rainier Ave SSeattle, WA 98118
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Rent Specials
$1,408 - $2,3311 to 3 Bedroom Apartments Available Now
Lake Washington Apartments
9061 Seward Park Ave SSeattle, 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.
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Rent Specials
$1,699 - $1,7501 to 2 Bedroom Apartments Available Now
Parc 3
3005 125th Ave SEBellevue, WA 98005
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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.
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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.
Showing Results 1-21, 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 | $2,173 | $1,240 | $4,282 |
| Cheap Mercer Island 1 Bedroom Apartments | $2,407 | $1,275 | $6,109 |
| Cheap Mercer Island 2 Bedroom Apartments | $3,336 | $1,682 | $9,685 |
| Cheap Mercer Island 3 Bedroom Apartments | $3,584 | $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 1 Bed unit found at Eden Apartments in the Dunlap neighborhood priced from $720. Polaris at Rainier Beach in the Dunlap neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,240. Here is today’s list of the most affordable Mercer Island apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Eden Apartments | 1BR/1.0BA | 1BR,1BA | $720 |
| Polaris at Rainier Beach | S1 | Studio,1BA | $1,240 |
| Lake Washington Apartments | 1x1 | 1BR,1BA | $1,408 |
| Via Apartments | 1BR/1.0BA | 1BR,1BA | $1,595 |
| Emerald Ridge | Plan 1A | 1BR,1BA | $1,689 |
Best Value Apartments for Rent in Mercer Island, WA
As of December 08, 2025 the best value apartment in the Mercer Island area is the $2.44 price per square foot Spinnaker Model at Bella Vista in the in the Kennydale neighborhood starting from $3,115. The second greatest value Mercer Island apartment is the Evergreen Model at Heights at Meydenbauer starting at $3,100 with a $2.60 price per square foot in the North Bellevue 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 | $2.44 |
| Heights at Meydenbauer | Evergreen | 2BR,2BA | $2.60 |
| Lakeview at Newcastle | 2x2 b | 2BR,2BA | $2.18 |
| Park 433 | 2X1 | 2BR,1BA | $2.40 |
| 7146 S Sunnycrest Rd, Unit Lakeridge | 7146 S Sunnycrest Rd | Studio ,1BA | $2.42 |
| Commodore | 1x1 A | 1BR,1BA | $2.34 |
| Via Apartments | 1BR/1.0BA | 1BR,1BA | $2.35 |
| Emerald Ridge | Plan 1A | 1BR,1BA | $2.54 |
| Parc 3 | 1 Bed 1 Bath | 1BR,1BA | $2.83 |
| Eden Apartments | 1BR/1.0BA | 1BR,1BA | $2.42 |
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 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
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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.
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Pet Friendly LifestyleMercer Island, WA
Ranked #59
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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
Getting Around Mercer Island, WA
Walk Score®
70 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
56 / 100
Bikeable
Some bike infrastructure
Transit Score®
35 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Polaris at Rainier Beach listed at $1,240.
How much is rent for a Cheap One Bedroom Mercer Island Apartment?
The lowest price for a Cheap One Bedroom Mercer Island Apartment is $720 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 $1,682 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 Lake Washington Apartments and starts from $2,331.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!