Cheap Homes for Rent in Mercer Island, WA from $1,300 (11 Rentals)

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Search the lowest-cost Homes available for rent right now in Mercer Island.

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Mercer Island, WA Local Guide

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 ListingModel NameBed/BathPriced From
Eden Apartments1BR/1.0BA1BR,1BA$635
Admirals Apartments1BR/1.0BA1BR,1BA$1,365
Lake Washington Apartments1x11BR,1BA$1,408
Mar Vista Apartmentsone bed1BR,1BA$1,500
Polaris at Rainier BeachS1Studio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Bella VistaSpinnaker2BR,2BA$2.43
Juniper Ridge ApartmentsTwo Bedroom Units Style #2 3D2BR,2BA$2.56
Park 4332X12BR,1BA$2.33
Meydenbauer Court Apartments2BR/1.5BA2BR,1.5BA$2.49
7146 S Sunnycrest Rd, Unit Lakeridge7146 S Sunnycrest RdStudio ,1BA$2.42
Mar Vista Apartmentsone bed1BR,1BA$2.00
Admirals Apartments1BR/1.0BA1BR,1BA$1.95
Westwinds Apartments1BR/1.0BA1BR,1BA$2.44
7408 Rainier Avenue South, Unit 37408 Rainier Avenue South1BR,1BA$2.24
Eden Apartments1BR/1.0BA1BR,1BA$2.33

Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Mercer Island, WA

Ranked #59

Among cities in Washington for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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.

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