Cheap Apartments for Rent in the Downtown Mercer Island Neighborhood of Mercer Island, WA from $1,800 (15 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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Aviara
Studio to 2 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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77 Central
Studio to 2 Bedroom Apartments

77 Central

2630 77th Ave SEMercer Island, WA 98040

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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.

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The Islander
1 Bedroom Apartments

The Islander

3050 Island Crest WayMercer Island, WA 98040
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The Carlton
Studio to 1 Bedroom Apartments

The Carlton

2760 76th Ave SEMercer Island, WA 98040

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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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 The Mercer Apartment Homes priced from $1,815. Island Square has the second lowest priced unit, which is a Studio apartment currently listed from $1,910. Here are the most affordable Downtown Mercer Island apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
The Mercer Apartment HomesRoanokeStudio,1BA$1,815
Island SquareE1EStudio,1BA$1,910
AviaraShorelineStudio,1BA$1,937
Broadstone SavoieStudio ARCHStudio,1BA$2,132
ShorewoodWhidbey-Restored1BR,1BA$2,252

Best Value Apartments for Rent in Downtown Mercer Island, WA

As of June 16, 2025 the best value apartment in the Downtown Mercer Island area is the $3.04 price per square foot The Charles Model at 77 Central in the in the Fortuna neighborhood starting from $3,715. The second greatest value Downtown Mercer Island apartment is the 2x2 Panache B Model at Soma Towers starting at $5,580 with a $5.00 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.
77 CentralThe Charles1BR,1BA$3.04
Soma Towers2x2 Panache B2BR,2BA$5.00
888 Bellevue Apartments2 Bedrooms, 2 Bathrooms2BR,2BA$4.53
LuxOne Bed One Bath G1BR,1BA$4.78
CityLineOne Bedroom A1AD-1-CL11BR,1BA$3.20
ShorewoodCamano-Restored1BR,1BA$3.46
Broadstone Savoie1 Bedroom C1BR,1BA$4.89
Island SquareE1CStudio ,1BA$3.94
AviaraShorelineStudio ,1BA$3.87
The Mercer Apartment HomesCliseStudio ,1BA$4.21

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®

64 / 100

Bikeable

Some bike infrastructure

Transit Score®

40 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Downtown Mercer Island Apartments

What is the Cheapest Studio apartment in Downtown Mercer Island?

Currently the most affordable Cheap Studio Apartment in Downtown Mercer Island is at The Mercer Apartment Homes listed at $1,815.

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

The lowest price for a Cheap One Bedroom Downtown Mercer Island Apartment is $2,252 at Shorewood.

What is the lowest price for a Cheap Two Bedroom Downtown Mercer Island Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Mercer Island is starting from $2,732 at Shorewood.

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.

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