Cheap Homes for Rent in Mercer Heights Neighborhood of Mercer Island, WA from $500 (18 Rentals)

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

property at 829 23rd Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

Studio, 1 Bath Home for Rent

Available Now

829 23rd Ave, Unit Studio

829 23rd Ave
SeattleWA98122

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.

property at 4702 S Lucile St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

Studio, 1 Bath Condo for Rent

Available Now

4702 S Lucile St, Unit B

4702 S Lucile St
SeattleWA98118
property at 219 23rd Ave

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

1 Bedroom, 1.5 Bath Townhome for Rent

Available Now

219 23rd Ave

SeattleWA98122

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.

property at 730 26th Ave S

$2,000

1 Bedroom, 1 Bath Home for Rent

Available Now

730 26th Ave S

SeattleWA98144
property at 10047 Main St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

Studio, 1 Bath Condo for Rent

Available Now

10047 Main St, Unit 415

10047 Main St
BellevueWA98004

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

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 ListingModel NameBed/BathPriced From
Courtland PlaceOne Bedroom One Bath1BR,1BA$880
Mt Baker The Maddux ApartmentsStudio AStudio,1BA$950
SPOKANE AT RAINIER COURT a 55+ Affordable CommunityOne Bedroom One Bath1BR,1BA$950
Hanford StudiosStudioStudio,1BA$1,000
NOCO ApartmentsStudio FStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Verse Seattle — Modern Living at the Heartbeat of the Central District2x2 C2BR,2BA$1.95
Meydenbauer Court Apartments2BR/1.5BA2BR,1.5BA$2.10
6511 Apartments1BR/1.0BA1BR,1BA$1.71
SPOKANE AT RAINIER COURT a 55+ Affordable CommunityTwo Bedroom One Bath2BR,1BA$1.79
Courtland PlaceTwo Bedroom One Bath2BR,1BA$1.49
Columbia Gardens a 55+ Affordable CommunityTwo Bedroom One Bath2BR,1BA$2.05
DakotaOne Bedroom One Bath1BR,1BA$1.73
The Link Apartments1BR/1.0BA1BR,1BA$1.21
34351BR/1.0BA1BR,1BA$2.16
Abbey Lincoln CourtStudioStudio ,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.

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Real 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 Article
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Quick 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.

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Pet Friendly Lifestyle
Mercer Heights, Mercer Island, WA

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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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