Cheap Apartments for Rent in the Outer Mercer Island Neighborhood of Mercer Island, WA from $1,200 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Outer Mercer Island area of Mercer Island.

Island Square

Shorewood

The Mercer Apartment Homes
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.
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Juniper Ridge Apartments

Symphony Apartments

Lantera Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Angeline Apartments
Outer Mercer Island, Mercer Island, WA Local Guide

How much does it cost to rent an apartment in Outer Mercer Island?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Outer Mercer Island Studio Apartments | $1,406 | $1,240 | $2,894 |
Outer Mercer Island 1 Bedroom Apartments | $2,206 | $1,650 | $3,974 |
Outer Mercer Island 2 Bedroom Apartments | $3,484 | $2,215 | $8,902 |
Outer Mercer Island 3 Bedroom Apartments | $3,160 | $2,900 | $3,328 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Outer Mercer Island Neighborhood of Mercer Island, WA.
See all Apartments in Mercer IslandExplore Mercer Island
Outer Mercer Island, Mercer Island, WA Local Guide
- Nearby Mercer Island neighborhoods
- Nearby Cities
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Cheapest Available Outer Mercer Island Apartments for Rent
 The cheapest available apartment rental in the Outer Mercer Island area of Seattle, WA is a Studio unit found at Koz at Othello Station priced from $1,240. Symphony Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,495. Here are the most affordable Outer Mercer Island apartments for rent in Seattle, WA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Koz at Othello Station | Type C | Studio,1BA | $1,240 |
Symphony Apartments | Studio D | Studio,1BA | $1,495 |
The Mercer Apartment Homes | Roanoke | Studio,1BA | $1,815 |
Island Square | E1E | Studio,1BA | $1,910 |
Aviara | Shoreline | Studio,1BA | $1,937 |
Best Value Apartments for Rent in Outer Mercer Island, WA
As of June 14, 2025 the best value apartment in the Outer Mercer Island area is the $3.04 price per square foot The Charles Model at 77 Central in the in the Fortuna neighborhood starting from $3,715. The second greatest value Outer Mercer Island apartment is the Turmeric Model at Angeline Apartments starting at $3,925 with a $3.45 price per square foot in the Mercer Heights neighborhood. Here is today’s list of the best values for Outer Mercer Island apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
77 Central | The Charles | 1BR,1BA | $3.04 |
Angeline Apartments | Turmeric | 2BR,2BA | $3.45 |
Monarch Apartments | C9 | 1BR,1BA | $2.94 |
Shorewood | Camano-Restored | 1BR,1BA | $3.46 |
Island Square | E1C | Studio ,1BA | $3.94 |
Aviara | Shoreline | Studio ,1BA | $3.87 |
The Mercer Apartment Homes | Clise | Studio ,1BA | $4.21 |
Symphony Apartments | Studio D | Studio ,1BA | $4.19 |
Koz at Othello Station | Type B (Patio) | Studio ,1BA | $5.12 |
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.
Pet Friendly LifestyleOuter Mercer Island, Mercer Island, WA
Ranked #3
Among neighborhoods in Mercer Island, WA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Outer Mercer Island, Mercer Island, WA
Mercer Island High School
School data provided by Great Schools
Getting Around the Outer Mercer Island Neighborhood in Mercer Island, WA
Walk Score®
36 / 100
Car-Dependent
Most errands require a car
Bike Score®
35 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
23 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Outer Mercer Island Apartments
What is a cheap apartment in Outer Mercer Island?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Outer Mercer Island is under $2,377.
What is the price of a cheap apartment in Outer Mercer Island?
The cheapest apartment in Outer Mercer Island is Koz at Othello Station which is listed at $1,715, while the average apartment in Outer Mercer Island costs $3,206.
What types of apartments are the cheapest in Outer 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 110 regular apartments in Outer Mercer Island that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.