Cheap Apartments for Rent in Mercer Island, WA from $800 (60 Rentals)

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

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Shorewood
$1,943 - $4,233
Total Monthly Price

Total Monthly Price

Base Rent
$1,943 - $4,233
Total Monthly Price
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Studio to 4 Bedroom Apartments Available Now

Shorewood

3209 Shorewood DrMercer Island, WA 98040
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Westwinds Apartments
1 to 2 Bedroom Apartments

Westwinds Apartments

3059 Island Crest WayMercer Island, WA 98040
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Aviara
Studio to 3 Bedroom Apartments

Aviara

2441 76th Ave SEMercer 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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The Hadley
Studio to 2 Bedroom Apartments

The Hadley

2601 76th Ave SEMercer Island, WA 98040

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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Mercer Tower
Studio to 2 Bedroom Apartments

Mercer Tower

2805 75th Pl SEMercer Island, WA 98040
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77 Central
Studio to 3 Bedroom Apartments

77 Central

2630 77th Ave SEMercer Island, WA 98040
property at 5915 S Cooper St

$1,225

Total Monthly Price

Total Monthly Price

Base Rent
$1,225
Total Monthly Price
$1,225

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

5915 S Cooper St, Unit Master BR BA

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

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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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 12211 SE 59th St

$2,600

2 Bedroom, 1.5 Bath Rentals

Available Now

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12211 SE 59th St
BellevueWA98006
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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
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J & E Apartments
1 to 2 Bedroom Apartments

J & E Apartments

7900 Rainier Ave SSeattle, WA 98118

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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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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
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Emerald Ridge
1 to 2 Bedroom Apartments

Emerald Ridge

3010 SE 118th AveBellevue, WA 98005
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The Meydenbauer
Studio to 2 Bedroom Apartments

The Meydenbauer

10022 Meydenbauer Way SEBellevue, WA 98004
Senior Living

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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 Studio unit found at Flourish on Rainier in the Dunlap neighborhood priced from $1,050. Lake Washington Apartments in the Dunlap neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,682. Here is today’s list of the most affordable Mercer Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Flourish on RainierStudio 50 Percent AMIStudio,1BA$1,050
Lake Washington Apartments2x12BR,1BA$1,682
425 Apartments1BR/1.0BA1BR,1BA$1,749
Commodore1x1, Small1BR,1BA$1,795
Park 433One Bedroom1BR,1BA$1,850
Emerald RidgePlan 1A1BR,1BA$1,857
2000 Lake Washington ApartmentsOne Bed One Bath1BR,1BA$1,931
ShorewoodCamano-Restored1BR,1BA$1,975
Island SquarePlan E1EStudio,1BA$2,024
Nuovo Apartments1 Bedroom, 1 Bathroom1BR,1BA$2,156

Best Value Apartments for Rent in Mercer Island, WA

As of July 24, 2026 the best value apartment in the Mercer Island area is the $2.01 price per square foot Breakwater Flat - Standard Model at Bella Vista in the in the Kennydale neighborhood starting from $2,734. The second greatest value Mercer Island apartment is the 2 Bedroom 2 Bath Model at Park Plaza Apartments starting at $3,700 with a $2.74 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Bella VistaBreakwater Flat - Standard3BR,2BA$2.01
Park Plaza Apartments2 Bedroom 2 Bath2BR,2BA$2.74
Polaris at Rainier BeachC23BR,2BA$2.20
Lakeview at Newcastle2x22BR,2BA$2.44
Park 4332X1R2BR,1BA$2.36
Mercer Tower1 Bed | 1 Bath1BR,1BA$3.36
Emerald RidgePlan 1B1BR,1BA$2.97
2000 Lake Washington ApartmentsOne Bed One Bath1BR,1BA$2.97
Commodore1x1, Small1BR,1BA$2.89
Flourish on RainierStudio 60 Percent AMIStudio ,1BA$3.47

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.

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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.

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Picking 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

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

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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Mercer Island, WA

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Remember the 3 Rules of Real Estate:
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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 $1,325 at Flourish on Rainier.

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 Flourish on Rainier and starts from $1,899.

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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