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$1,719 - $3,332
Total Monthly Price
Base Rent$1,719 - $3,332
Total Monthly PriceVaries
Shorewood
3209 Shorewood DrMercer Island, WA 98040
Cheap Apartments for Rent in the Downtown Mercer Island Neighborhood of Mercer Island, WA from $594 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Mercer Island area of Mercer Island.
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1 to 2 Bedroom Apartments
Westwinds Apartments
3059 Island Crest WayMercer Island, WA 98040
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$594 - $634Studio to 1 Bedroom Apartments Contact Us For Availability
Filipino Community Village (Affordable, 55+)
5727 37th Ave SSeattle, WA 98118
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$1,144 - $1,401Studio to 1 Bedroom Apartments Available Now
NOCO Apartments
4525 Rainier Ave SSeattle, WA 98118
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$1,201 - $3,295Studio to 2 Bedroom Apartments Available Now
Symphony Apartments
4221 37th Ave SSeattle, WA 98118
Seattle's Best Affordable Neighborhoods
Learn about Seattle, WA and the best places to live with original content written by our Local Expert Sharon Stallings
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$1,350 - $1,550Studio Apartments Available Now
Summerstone
5230 39th Ave SSeattle, WA 98118
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$1,5951 Bedroom Apartments Available Now
Le Chateau Apartments
1111 102nd Ave NEBellevue, WA 98004
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$1,600 - $2,530Studio to 2 Bedroom Apartments Available Now
Terrapin Apartments
290 106th Pl NEBellevue, WA 98004
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$1,670 - $4,040Studio to 2 Bedroom Apartments Available Now
Angeline
4801 Rainier Ave SSeattle, WA 98118
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$1,715 - $1,829Studio to 2 Bedroom Apartments Available Now
Excalibur Apartment Homes
123 NE 112th AveBellevue, WA 98004
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$1,795 - $1,9951 Bedroom Apartments Available Now
Pax Futura
3702 S Hudson StSeattle, WA 98118
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$1,795 - $2,550Studio to 1 Bedroom Apartments Available Now
The Baxter
11115 NE 2nd StBellevue, WA 98004
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$1,795 - $3,100
Total Monthly Price
Base Rent$1,795 - $3,100
Total Monthly Price$1,795 - $3,100
Commodore
527-537 Bellevue Way SEBellevue, WA 98004
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$1,850 - $2,8951 to 2 Bedroom Apartments Available Now
Park 433
433 Bellevue Way SEBellevue, WA 98004
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$1,863 - $4,070Studio to 2 Bedroom Apartments Available Now
Elements Apartments
989 112th Ave NEBellevue, WA 98004
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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$1,895 - $3,495Studio to 1 Bedroom Apartments Available Now
Pacific Inn Apartments
225 112th AveBellevue, WA 98004
Showing Results 1-16, Page 1 of 1
Downtown Mercer Island, Mercer Island, WA Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Downtown Mercer Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Mercer Island Studio Apartments | $2,154 | $594 | $8,066 |
| Downtown Mercer Island 1 Bedroom Apartments | $2,825 | $634 | $8,900 |
| Downtown Mercer Island 2 Bedroom Apartments | $3,931 | $1,950 | $10,000+ |
| Downtown Mercer Island 3 Bedroom Apartments | $5,893 | $2,635 | $10,000+ |
| Downtown Mercer Island 4 Bedroom Apartments | $10,002 | $10,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Downtown Mercer Island Neighborhood of Mercer Island, WA.
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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 $1,250. Symphony Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,445. Here are the most affordable Downtown Mercer Island apartments for rent in Seattle, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| NOCO Apartments | Live Work A | Studio,1BA | $1,250 |
| Symphony Apartments | Studio A | Studio,1BA | $1,445 |
| Summerstone | East Studio | Studio,1BA | $1,475 |
| Le Chateau Apartments | 1 Bedroom | 1BR,1BA | $1,595 |
| Terrapin Apartments | Studio 80% Amazon - Standard | Studio,1BA | $1,600 |
Best Value Apartments for Rent in Downtown Mercer Island, WA
As of September 08, 2026 the best value apartment in the Downtown Mercer Island area is the $2.74 price per square foot 2 Bedroom 2 Bath Model at Park Plaza Apartments in the in the North Bellevue neighborhood starting from $3,700. The second greatest value Downtown Mercer Island apartment is the Two Bedroom Model at 12 Central Square starting at $2,903 with a $2.32 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Park Plaza Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $2.74 |
| 12 Central Square | Two Bedroom | 2BR,2BA | $2.32 |
| Park 433 | 2X1R | 2BR,1BA | $2.40 |
| Mercer Park Apartments | 2BR/1.0BA | 2BR,1BA | $2.44 |
| Le Chateau Apartments | 1 Bedroom | 1BR,1BA | $2.08 |
| Mercer Tower | 1 Bed | 1 Bath | 1BR,1BA | $3.36 |
| Symphony Apartments | 1-Bed Q | 1BR,1BA | $3.42 |
| Shorewood | Camano-Restored | 1BR,1BA | $3.11 |
| Commodore | 1x1, Small | 1BR,1BA | $2.89 |
| Excalibur Apartment Homes | Studio | Studio ,1BA | $3.10 |
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 $1,795.
What is the price of a cheap apartment in Downtown Mercer Island?
The cheapest apartment in Downtown Mercer Island is Le Chateau Apartments which is listed at $1,595, while the average apartment in Downtown Mercer Island costs $2,790.
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 23 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 $148 which is $2,642 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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