close
View Me
$1,009 - $1,694Studio to 1 Bedroom Apartments Available Now
Ethiopian Village
8323 Rainier Ave SSeattle, WA 98118
Cheap Apartments for Rent in Mercer Island, WA from $600 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Mercer Island.
close
View Me
$1,2251 Bedroom Apartment Available Aug 1
7408 Rainier Avenue South, Unit 1
7408 Rainier Avenue SouthSeattle, WA 98118
close
View Me
$1,275 - $1,2951 Bedroom Apartments Contact Us For Availability
Willowbrook Apartments
10201 SE 3rd StBellevue, WA 98004
close
View Me
$1,346 - $2,2311 to 3 Bedroom Apartments Available Now
LAKE WASHINGTON APARTMENTS
9061 Seward Park Ave SSeattle, WA 98118
close
View Me
Rent Specials
$1,425 - $2,331Studio to 3 Bedroom Apartments Available Now
Polaris at Rainier Beach
9400 Rainier Ave SSeattle, WA 98118
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
$1,4501 Bedroom Apartments Contact Us For Availability
Admirals Apartments
7429 Rainier Ave SSeattle, WA 98118
close
View Me
$1,500 - $2,4001 Bedroom Apartments Available Now
Mar Vista Apartments
9215 56th Ave SSeattle, WA 98118
close
View Me
close
View Me
close
View Me
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Showing Results 1-15, 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 |
|---|---|---|---|
| Mercer Island Studio Apartments | $1,881 | $1,009 | $4,801 |
| Mercer Island 1 Bedroom Apartments | $2,428 | $1,159 | $7,505 |
| Mercer Island 2 Bedroom Apartments | $3,452 | $1,610 | $10,000+ |
| Mercer Island 3 Bedroom Apartments | $4,537 | $2,231 | $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 and Nearby
The cheapest available apartment rental in Mercer Island, WA is a 1 Bed unit found at Eden Apartments in the Dunlap neighborhood priced from $650. Ethiopian Village in the Dunlap neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,009. 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 | $650 |
| Ethiopian Village | Studio | Studio,1BA | $1,009 |
| LAKE WASHINGTON APARTMENTS | 1x1 | 1BR,1BA | $1,346 |
| Polaris at Rainier Beach | S1 | 1BR,1BA | $1,425 |
| Mar Vista Apartments | one bed | 1BR,1BA | $1,500 |
Best Value Apartments for Rent in Mercer Island, WA and Nearby
As of July 24, 2025 the best value apartment in the Mercer Island area is the $2.27 price per square foot Two Bedroom, Two Bath Model at Park 433 in the in the Fortuna neighborhood starting from $2,950. The second greatest value Mercer Island apartment is the Unit Style 1 Model at Juniper Ridge Apartments starting at $2,650 with a $2.49 price per square foot in the Fortuna 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. |
|---|---|---|---|
| Park 433 | Two Bedroom, Two Bath | 2BR,2BA | $2.27 |
| Juniper Ridge Apartments | Unit Style 1 | 2BR,2BA | $2.49 |
| Shorewood | San Juan w/ Den-Restored | 2BR,1BA | $3.08 |
| Cross Creek Apartments | 2BR/2.0BA | 2BR,2BA | $2.63 |
| Via Apartments | 2BR/1.0BA | 2BR,1BA | $2.72 |
| Mar Vista Apartments | one bed | 1BR,1BA | $2.00 |
| Emerald Ridge | 1 Bed 1 Bath | 1BR,1BA | $2.78 |
| 2000 Lake Washington Apartments | One Bed One Bath | 1BR,1BA | $2.92 |
| Ethiopian Village | Studio | Studio ,1BA | $2.83 |
| Eden Apartments | 1BR/1.0BA | 1BR,1BA | $1.95 |
Quick 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
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 Ethiopian Village listed at $1,009.
How much is rent for a Cheap One Bedroom Mercer Island Apartment?
The lowest price for a Cheap One Bedroom Mercer Island Apartment is $650 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 $1,610 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 $2,231.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.