
Cheap Homes for Rent in Mercer Island, WA from $1,300 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Mercer Island.


4851 S Bateman St
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.

4646 S Willow St

2630 118th Ave SE

2740 118th Ave SE

10129 Main St

5021 Ripley Ln N

2730 118th Ave SE
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.

1112 N 29th St
Mercer Island, WA Local Guide

How much does it cost to rent a home in Mercer Island?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Mercer Island 2 Bedroom Homes for Rent | $3,135 | $1,650 | $5,995 |
Mercer Island 3 Bedroom Homes for Rent | $4,628 | $2,850 | $10,000+ |
Mercer Island 4 Bedroom Homes for Rent | $7,572 | $3,500 | $10,000+ |
Mercer Island 5 Bedroom Homes for Rent | $7,748 | $4,495 | $10,000+ |
Mercer Island 6 Bedroom Homes for Rent | $6,950 | $6,950 | $6,950 |
Browse Top Homes for Rent in Mercer Island
Explore Mercer Island
Mercer Island, WA Local Guide
- Mercer Island Neighborhoods
- Nearby Cities
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Cheapest Available Mercer Island Apartments for Rent and Nearby
 The cheapest available apartment rental in Mercer Island, WA is a 1 Bed unit found at Eden Apartments in the Dunlap neighborhood priced from $635. Admirals Apartments in the Brighton neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,365. Here is today’s list of the most affordable Mercer Island apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Eden Apartments | 1BR/1.0BA | 1BR,1BA | $635 |
Admirals Apartments | 1BR/1.0BA | 1BR,1BA | $1,365 |
Lake Washington Apartments | 1x1 | 1BR,1BA | $1,408 |
Mar Vista Apartments | one bed | 1BR,1BA | $1,500 |
Polaris at Rainier Beach | S1 | Studio,1BA | $1,546 |
Best Value Apartments for Rent in Mercer Island, WA and Nearby
As of September 08, 2025 the best value apartment in the Mercer Island area is the $2.43 price per square foot Spinnaker Model at Bella Vista in the in the Kennydale neighborhood starting from $3,099. The second greatest value Mercer Island apartment is the Two Bedroom Units Style #2 3D Model at Juniper Ridge Apartments starting at $2,725 with a $2.56 price per square foot in the Fortuna neighborhood. Here is today’s list of the best values for Mercer Island apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Bella Vista | Spinnaker | 2BR,2BA | $2.43 |
Juniper Ridge Apartments | Two Bedroom Units Style #2 3D | 2BR,2BA | $2.56 |
Park 433 | 2X1 | 2BR,1BA | $2.33 |
Meydenbauer Court Apartments | 2BR/1.5BA | 2BR,1.5BA | $2.49 |
7146 S Sunnycrest Rd, Unit Lakeridge | 7146 S Sunnycrest Rd | Studio ,1BA | $2.42 |
Mar Vista Apartments | one bed | 1BR,1BA | $2.00 |
Admirals Apartments | 1BR/1.0BA | 1BR,1BA | $1.95 |
Westwinds Apartments | 1BR/1.0BA | 1BR,1BA | $2.44 |
7408 Rainier Avenue South, Unit 3 | 7408 Rainier Avenue South | 1BR,1BA | $2.24 |
Eden Apartments | 1BR/1.0BA | 1BR,1BA | $2.33 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleMercer Island, WA
Ranked #59
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Mercer Island, WA
Northwood Elementary School
Mercer Island High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Mercer Island, WA Rentals by Map
See the most popular apartments and homes in Mercer Island, WA
Frequently Asked Questions about Mercer Island
What type of rentals are currently available in Mercer Island?
There are currently 177 Apartments for Rent in Mercer Island, WA with pricing that ranges from $1,275 to $15,713. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mercer Island ranging from $1,300 to $15,000.
What is the current price range for Rental Homes in Mercer Island?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mercer Island ranges from $1,300 to $15,000 with an average monthly rent of $5,405.
How much are larger Three and Four Bedroom Rentals in Mercer Island?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Mercer Island range from $2,331 to $15,713, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,850 to $10,000. Four Bedroom Single-Family rentals are also available starting from $3,500 and Four Bedroom Apartments start at $4,253.
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.