Cheap Apartments for Rent in Mercer Island, WA from $500 with Washer/Dryer (33 Rentals)

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

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Shorewood
$2,106 - $3,332
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$2,106 - $3,332
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Studio to 4 Bedroom Apartments Available Now

Shorewood

3209 Shorewood DrMercer Island, WA 98040
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77 Central
Studio to 3 Bedroom Apartments

77 Central

2630 77th Ave SEMercer Island, WA 98040

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Commodore
$1,975 - $2,480
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Total Monthly Price

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$1,975 - $2,480
Total Monthly Price
$1,975 - $2,480
1 to 2 Bedroom Apartments Available Now

Commodore

527-537 Bellevue Way SEBellevue, WA 98004
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  • Utilities Included

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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Bella Vista
$2,426 - $4,778
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$2,426 - $4,778
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2 to 3 Bedroom Apartments Available Now

Bella Vista

2100 Lake Washington Blvd NRenton, WA 98056
Corporate Housing
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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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Mar Vista Apartments
1 to 2 Bedroom Apartments

Mar Vista Apartments

9215 56th Ave SSeattle, 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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Park 433
Studio to 2 Bedroom Apartments

Park 433

433 Bellevue Way 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.

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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
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Parc 3
1 to 2 Bedroom Apartments

Parc 3

3005 125th Ave SEBellevue, WA 98005
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Courtyard Off Main
1 to 3 Bedroom Apartments

Courtyard Off Main

136 102nd Ave SEBellevue, WA 98004

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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Showing Results 1-33, Page 1 of 1

Mercer Island, WA Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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.

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Cash 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.

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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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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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Mercer Island, WA

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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 Polaris at Rainier Beach listed at $999.

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

The lowest price for a Cheap One Bedroom Mercer Island Apartment is $1,158 at Ethiopian Village.

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 $1,595 at Polaris at Rainier Beach.

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.

Helpful Local Expert Guides

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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.

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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.

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Seattle Apartment Guide: Find Your Rental Near Tech Hubs like Amazon, Google, and Adobe

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I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. We're blessed to live in Seattle, affectionately known as the Emerald City.

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Seattle Short-Term Rentals: Where to Live for a Month (or Three) in the Emerald City

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Articles, How-To's, and Tips

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.