Cheap Apartments for Rent in the Downtown Mercer Island Neighborhood of Mercer Island, WA from $900 (28 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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77 Central
Studio to 3 Bedroom Apartments

77 Central

2630 77th Ave SEMercer Island, WA 98040

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Showing Results 1-28, 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 NOCO Apartments priced from $999. Summerstone has the second lowest priced unit, which is a Studio apartment currently listed from $1,295. Here are the most affordable Downtown Mercer Island apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
NOCO ApartmentsStudio EStudio,1BA$999
SummerstoneWest Studio + JulietteStudio,1BA$1,295
Kenny Apartments1BR/1.0BA1BR,1BA$1,550
Excalibur Apartment HomesStudioStudio,1BA$1,558
The BaxterStudio A - RenovatedStudio,1BA$1,595
BellCentreStudio EStudio,1BA$1,667
BelcarraPlan SBStudio,1BA$1,689
Avalon MeydenbauerS2Studio,1BA$1,720
ArloA1Studio,1BA$1,720
Avalon BellevueS1Studio,1BA$1,725

Best Value Apartments for Rent in Downtown Mercer Island, WA

As of December 09, 2025 the best value apartment in the Downtown Mercer Island area is the $2.08 price per square foot Two Bedroom Model at 12 Central Square in the in the North Bellevue neighborhood starting from $2,601. The second greatest value Downtown Mercer Island apartment is the 22CC Model at Limestone Court starting at $3,399 with a $2.75 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.
12 Central SquareTwo Bedroom2BR,2BA$2.08
Limestone Court22CC2BR,2BA$2.75
Heights at MeydenbauerEvergreen2BR,2BA$2.60
Zen Condo Homes1BR/1.0BA1BR,1BA$2.11
Metro 112 ApartmentsMarket I to XII1BR,1BA$3.27
Commodore1x1 A1BR,1BA$2.34
Kenny Apartments1BR/1.0BA1BR,1BA$1.95
Park MetroA031BR,1BA$2.73
Symphony Apartments1-Bed M1BR,1BA$2.83
ShorewoodCamano-Restored1BR,1BA$3.17

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 $1,725.

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

The cheapest apartment in Downtown Mercer Island is NOCO Apartments which is listed at $1,099, while the average apartment in Downtown Mercer Island costs $4,575.

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 98 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 $514 which is $4,061 cheaper than the average rent for all rentals in Downtown Mercer Island.

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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