Cheap Apartments for Rent in the Downtown Mercer Island Neighborhood of Mercer Island, WA from $1,200 (41 Rentals)

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

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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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77 Central
Studio to 3 Bedroom Apartments

77 Central

2630 77th Ave SEMercer Island, WA 98040

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Showing Results 1-41, Page 1 of 1

Cheapest Available Downtown Mercer Island Apartments for Rent

 

The cheapest available apartment rental in the Downtown Mercer Island area of Seattle, WA is a Studio unit found at Sir Gallahad Apartment Homes priced from $1,399. Westwinds Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,465. Here are the most affordable Downtown Mercer Island apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Sir Gallahad Apartment HomesStudioStudio,1BA$1,399
Westwinds Apartments1BR/1.0BA1BR,1BA$1,465
Excalibur Apartment HomesStudioStudio,1BA$1,514
Ellington at BellevueA1.1Studio,1BA$1,597
AviaraShorelineStudio,1BA$1,599
The BaxterStudio B - RenovatedStudio,1BA$1,625
Elements ApartmentsClub 08`sStudio,1BA$1,637
Venn at MainS.4Studio,1BA$1,675
Pacific Inn ApartmentsLoft1BR,1BA$1,695
Masins on Main Apartments5021BR,1BA$1,700

Best Value Apartments for Rent in Downtown Mercer Island, WA

As of October 24, 2025 the best value apartment in the Downtown Mercer Island area is the $2.71 price per square foot Plan M (B2C) Model at Ashton Bellevue in the in the North Bellevue neighborhood starting from $4,084. The second greatest value Downtown Mercer Island apartment is the Two Bedroom Model at 12 Central Square starting at $2,782 with a $2.23 price per square foot in the North Bellevue neighborhood. Here is today’s list of the best values for Downtown Mercer Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ashton BellevuePlan M (B2C)2BR,2BA$2.71
12 Central SquareTwo Bedroom2BR,2BA$2.23
Park HighlandAspen2BR,1BA$2.94
AviaraJetty1BR,1BA$3.27
ShorewoodLummi-Restored2BR,1BA$3.17
Ellington at BellevueB12BR,1BA$3.25
Symphony Apartments1-Bed Q1BR,1BA$3.27
Westwinds Apartments1BR/1.0BA1BR,1BA$2.29
Metro 112 ApartmentsBotanica I - XIStudio ,1BA$3.32
Sir Gallahad Apartment HomesStudioStudio ,1BA$2.75

Getting Around the Downtown Mercer Island Neighborhood in Mercer Island, WA

Walk Score®

83 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

63 / 100

Bikeable

Some bike infrastructure

Transit Score®

40 / 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 Downtown Mercer Island Apartments

What is a cheap apartment in Downtown Mercer Island?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Mercer Island is under $1,700.

What is the price of a cheap apartment in Downtown Mercer Island?

The cheapest apartment in Downtown Mercer Island is Westwinds Apartments which is listed at $1,465, while the average apartment in Downtown Mercer Island costs $5,027.

What types of apartments are the cheapest in Downtown Mercer Island?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 111 regular apartments in Downtown Mercer Island that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown Mercer Island?

Cheap apartments in Downtown Mercer Island have an average cost of $509 which is $4,518 cheaper than the average rent for all rentals in Downtown Mercer Island.

Expert Rental Resources

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