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$2,014 - $4,168Studio to 2 Bedroom Apartments Available Now
Island Square
2758 78th Ave SEMercer Island, WA 98040
Cheap Apartments for Rent in the Outer Mercer Island Neighborhood of Mercer Island, WA from $1,000 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Outer Mercer Island area of Mercer Island.
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$2,210 - $4,750
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$2,210 - $4,750
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$2,210 - $4,750
The Mercer Apartment Homes
7650 SE 27th StMercer Island, WA 98040
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$1,764 - $4,464
Total Monthly Price
Studio to 4 Bedroom Apartments Available NowTotal Monthly Price
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$1,764 - $4,464
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Shorewood
3209 Shorewood DrMercer Island, WA 98040
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2 Bedroom Apartments
Crest Apartments
3220 81st Pl SEMercer Island, WA 98040
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1 Bedroom Apartments
The Islander
3050 Island Crest WayMercer Island, WA 98040
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.
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Studio Apartments
7800 Plaza
7800 SE 27th StMercer Island, WA 98040
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Studio Apartments
3043 Island Crest Way
3043 Island Crest WayMercer Island, WA 98040
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Studio to 1 Bedroom Apartments
The Carlton
2760 76th Ave SEMercer Island, WA 98040
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1 Bedroom Apartments
Grace Place
2720 76th Ave SEMercer Island, WA 98040
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Studio to 3 Bedroom Apartments
77 Central
2630 77th Ave SEMercer Island, WA 98040
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.
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Studio to 2 Bedroom Apartments
Mercer Tower
2805 75th Pl SEMercer Island, WA 98040
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Studio to 3 Bedroom Apartments
Aviara
2441 76th Ave SEMercer Island, WA 98040
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2 Bedroom Apartments
Avellino Apartments
2836 78th Ave SEMercer Island, WA 98040
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2 Bedroom Apartments
Mercer Park Apartments
3021 81st Pl SEMercer Island, WA 98040
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$1,7551 to 2 Bedroom Apartments Available Jun 30
Lantera Apartments
4601 S Graham StSeattle, WA 98118
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.
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Outer Mercer Island, Mercer Island, WA Local Guide
Copyright CoStar Group, Inc
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 | $2,305 | $1,009 | $2,604 |
| Outer Mercer Island 1 Bedroom Apartments | $2,616 | $1,158 | $3,308 |
| Outer Mercer Island 2 Bedroom Apartments | $3,172 | $1,981 | $4,667 |
| Outer Mercer Island 3 Bedroom Apartments | $2,666 | $2,413 | $2,795 |
| Outer Mercer Island 4 Bedroom Apartments | $4,464 | $4,464 | $4,464 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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
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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 Ethiopian Village priced from $1,009. Shorewood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,877. Here are the most affordable Outer Mercer Island apartments for rent in Seattle, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ethiopian Village | Studio | Studio,1BA | $1,009 |
| Shorewood | Tatoosh-Restored | 1BR,1BA | $1,877 |
| Island Square | E1C | Studio,1BA | $2,064 |
| 77 Central | The Hendrix | Studio,1BA | $2,137 |
| The Mercer Apartment Homes | Clise | Studio,1BA | $2,210 |
Best Value Apartments for Rent in Outer Mercer Island, WA
As of June 18, 2026 the best value apartment in the Outer Mercer Island area is the $3.21 price per square foot Penthouse Model at Shorewood in the in the Fortuna neighborhood starting from $4,440. The second greatest value Outer Mercer Island apartment is the The Henry Model at 77 Central starting at $3,454 with a $3.98 price per square foot in the Fortuna 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. |
|---|---|---|---|
| Shorewood | Penthouse | 4BR,2BA | $3.21 |
| 77 Central | The Henry | 1BR,1BA | $3.98 |
| 8360 Wabash Ave S, Unit B | 8360 Wabash Ave S | 2BR,1BA | $2.35 |
| The Hadley | B | Studio ,1BA | $3.70 |
| Mercer Tower | 1 Bed | 1 Bath | 1BR,1BA | $3.36 |
| Aviara | Northshore | 1BR,1BA | $3.77 |
| Island Square | E1C | Studio ,1BA | $3.90 |
| Lunara | Studio, 1 Bath S2 | Studio ,1BA | $4.72 |
| The Mercer Apartment Homes | Clise | Studio ,1BA | $4.70 |
| Ethiopian Village | Studio | Studio ,1BA | $2.83 |
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.
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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 LifestyleOuter Mercer Island, Mercer Island, WA
Ranked #6
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Outer Mercer Island, Mercer Island, WA
Mercer Island High School
Mercer Island School District
Public School - Grades 9-12 (1524)
10 out of 10
School data provided by Great Schools
Frequently Asked Questions about Cheap Outer Mercer Island Apartments
What is the Cheapest Studio apartment in Outer Mercer Island?
Currently the most affordable Cheap Studio Apartment in Outer Mercer Island is at Ethiopian Village listed at $1,009.
How much is rent for a Cheap One Bedroom Outer Mercer Island Apartment?
The lowest price for a Cheap One Bedroom Outer Mercer Island Apartment is $1,158 at Ethiopian Village.
What is the lowest price for a Cheap Two Bedroom Outer Mercer Island Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Outer Mercer Island is starting from $2,093 at Shorewood.
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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