Luxury Apartments for Rent in the 98040 ZIP Code of Mercer Island, WA (48 Rentals)
The most luxurious Apartments in the 98040 ZIP Code area of Mercer Island with high-end amenities, features, and finishes.

Island Square

Shorewood

The Mercer Apartment Homes

2500 81st Ave SE, Unit 326

8014 Avalon Pl

7942 Lake View Ln
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.

5045 W Mercer Way

7405 92nd Pl SE

7461 W Mercer Way

3601 88th Ave SE

Avalon Meydenbauer

Soma Towers

Main Street Flats

The Margot

PK88 Park 88

Heights at Meydenbauer
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.

Venn at Main

Borgata Apartments

Park Plaza Apartments

2245 Killarney Way

3302 Lake Washington Blvd N

288 106th Ave NE

10495 NE 4th St

362 Bellevue Way NE
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

250 Bellevue Way NE

250 Bellevue Way NE

250 Bellevue Way NE

3302 Lake Washington Blvd N
Seattle's Best Affordable Neighborhoods
Learn about Seattle, WA and the best places to live with original content written by our Local Expert Sharon Stallings

9901 NE 4th St

1621 107th Ave SE

225 105th Ave SE

424 102nd Ave SE

1112 N 29th St
Mercer Island, WA Local Guide

How much does it cost to rent an apartment in 98040?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
98040 Studio Apartments | $2,265 | $1,546 | $5,075 |
98040 1 Bedroom Apartments | $2,896 | $1,275 | $7,505 |
98040 2 Bedroom Apartments | $3,864 | $1,610 | $10,184 |
98040 3 Bedroom Apartments | $4,270 | $2,231 | $15,713 |
Browse Apartments in the 98040 Zip Code of Mercer Island
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Frequently Asked Questions about the 98040 ZIP Code
How much are Studio apartments in 98040?
There are currently 27 Studio Apartments in 98040 with rent ranges from $1,546 to $5,075 with an average price of $2,265.
What is the current price range for One Bedroom 98040 Apartments for rent?
Today's rental pricing for One Bedroom Apartments in 98040 ranges from $1,275 to $7,505 with an average monthly rent of $2,896.
What does renting a Two Bedroom Apartment in 98040 cost?
The monthly rent prices of Two Bedroom Apartments currently available in 98040 range from $1,610 to $10,184. Today's average rental price for Two Bedrooms here is $3,864.
How expensive are 98040 Three Bedroom Apartments?
There are currently 18 Three Bedroom Apartments listings available in 98040 on ApartmentHomeLiving.com. The pricing ranges from $2,231 to $15,713 - averaging $4,270 for the location.
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.