
Cheap Homes for Rent in Mercer Heights Neighborhood of Mercer Island, WA from $500 (18 Rentals)
Search the lowest-cost Homes available for rent right now in the Mercer Heights area of Mercer Island.


3308 Claremont Ave S

2808 E Spring St

1103 Martin Luther King Jr Way

4356 Cheasty Blvd S

829 23rd Ave, Unit Studio
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

4702 S Lucile St, Unit B

3915 S Edmunds St, Unit Studio 3

219 23rd Ave

111 108th Ave NE

300 31st Ave

2301 E Union St, Unit B208
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.

1419 24th Ave, Unit 324

Total Monthly Price
1122 23rd Ave, Unit SI FL3-ID731

2301 E Union St, Unit B220

1100 106th Ave NE

730 26th Ave S

10047 Main St, Unit 415
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Mercer Heights, Mercer Island, WA Local Guide

How much does it cost to rent a home in Mercer Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mercer Heights 2 Bedroom Homes for Rent | $3,201 | $2,395 | $5,295 |
| Mercer Heights 3 Bedroom Homes for Rent | $4,071 | $3,000 | $6,200 |
| Mercer Heights 4 Bedroom Homes for Rent | $4,158 | $3,600 | $5,000 |
| Mercer Heights 5 Bedroom Homes for Rent | $8,312 | $3,999 | $10,000+ |
| Mercer Heights 6 Bedroom Homes for Rent | $5,797 | $4,100 | $7,495 |
| Mercer Heights 7 Bedroom Homes for Rent | $5,100 | $5,100 | $5,100 |
Browse Homes for Rent in this Neighborhood
There are currently 18 rentals with your search options within a 3 mile radius of the Mercer Heights Neighborhood of Mercer Island, WA.
Explore Mercer Island
Mercer Heights, Mercer Island, WA Local Guide
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Cheapest Available Mercer Heights Apartments for Rent
 The cheapest available apartment rental in the Mercer Heights area of Seattle, WA is a 1 Bed unit found at Courtland Place priced from $880. Mt Baker The Maddux Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable Mercer Heights apartments for rent in Seattle, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Courtland Place | One Bedroom One Bath | 1BR,1BA | $880 |
| Mt Baker The Maddux Apartments | Studio A | Studio,1BA | $950 |
| SPOKANE AT RAINIER COURT a 55+ Affordable Community | One Bedroom One Bath | 1BR,1BA | $950 |
| Hanford Studios | Studio | Studio,1BA | $1,000 |
| NOCO Apartments | Studio F | Studio,1BA | $1,049 |
Best Value Apartments for Rent in Mercer Heights, WA
As of June 06, 2026 the best value apartment in the Mercer Heights area is the $1.95 price per square foot 2x2 C Model at Verse Seattle — Modern Living at the Heartbeat of the Central District in the in the Mercer Heights neighborhood starting from $2,050. The second greatest value Mercer Heights apartment is the 2BR/1.5BA Model at Meydenbauer Court Apartments starting at $2,195 with a $2.10 price per square foot in the North Bellevue neighborhood. Here is today’s list of the best values for Mercer Heights apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Verse Seattle — Modern Living at the Heartbeat of the Central District | 2x2 C | 2BR,2BA | $1.95 |
| Meydenbauer Court Apartments | 2BR/1.5BA | 2BR,1.5BA | $2.10 |
| 6511 Apartments | 1BR/1.0BA | 1BR,1BA | $1.71 |
| SPOKANE AT RAINIER COURT a 55+ Affordable Community | Two Bedroom One Bath | 2BR,1BA | $1.79 |
| Courtland Place | Two Bedroom One Bath | 2BR,1BA | $1.49 |
| Columbia Gardens a 55+ Affordable Community | Two Bedroom One Bath | 2BR,1BA | $2.05 |
| Dakota | One Bedroom One Bath | 1BR,1BA | $1.73 |
| The Link Apartments | 1BR/1.0BA | 1BR,1BA | $1.21 |
| 3435 | 1BR/1.0BA | 1BR,1BA | $2.16 |
| Abbey Lincoln Court | Studio | Studio ,1BA | $2.33 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleMercer Heights, Mercer Island, WA
Ranked #1
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Mercer Heights, Mercer Island, WA
Mercer Island High School
School data provided by Great Schools
Frequently Asked Questions about Mercer Heights
What type of rentals are currently available in Mercer Heights?
There are currently 535 Apartments for Rent in Mercer Heights, WA with pricing that ranges from $594 to $27,770. There are also 149 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mercer Heights ranging from $505 to $13,000.
What is the current price range for Rental Homes in Mercer Heights?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mercer Heights ranges from $505 to $13,000 with an average monthly rent of $4,269.
How much are larger Three and Four Bedroom Rentals in Mercer Heights?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Mercer Heights range from $2,389 to $27,770, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,000 to $6,200. Four Bedroom Single-Family rentals are also available starting from $3,600 and Four Bedroom Apartments start at $4,440.
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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Articles, How-To's, and Tips

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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.