
Cheap Homes for Rent in Mercer, PA from $700 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Mercer.


343 Cedar Ave

609 Grove City Rd

246 2nd St

203 Marmion Ave
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.

246 W Dennick Ave

422 Prospect St

979 King St

136 5th Ave

80 Elm St
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.

920 Shehy St
Mercer, PA Local Guide

How much does it cost to rent a home in Mercer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mercer 2 Bedroom Homes for Rent | $942 | $750 | $1,195 |
| Mercer 3 Bedroom Homes for Rent | $1,077 | $850 | $1,475 |
| Mercer 4 Bedroom Homes for Rent | $1,208 | $1,100 | $1,275 |
| Mercer 6 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
Browse Top Homes for Rent in Mercer
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Mercer, PA Local Guide
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Cheapest Available Mercer Apartments for Rent and Nearby
 The cheapest available apartment rental in Mercer, PA is a Studio unit found at The Woods of Liberty in the North Heights neighborhood priced from $635. Newport Glen Apartments in the Lower Gibson neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Mercer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Woods of Liberty | Beautiful Studio Apartment | Studio,1BA | $635 |
| Newport Glen Apartments | 1BD/1BH | 1BR,1BA | $675 |
| Oak Hill Apartments | 1BR/1BA | 1BR,1BA | $686 |
| Seneca Oaks | 1 Bed/1 Bath | 1BR,1BA | $699 |
| The Apartments at Lamberton | Liberty Vault Retail | Studio, | $700 |
Best Value Apartments for Rent in Mercer, PA and Nearby
As of May 08, 2026 the best value apartment in the Mercer area is the $0.36 price per square foot 4 Bedroom 4.5 Bath Model at The Heights at Slippery Rock in the starting from $645. The second greatest value Mercer apartment is the 2BR/2BA Logan Gate w/Den Model at Monticello Apartments starting at $870 with a $0.66 price per square foot in the North Outer Youngstown neighborhood. Here is today’s list of the best values for Mercer apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Heights at Slippery Rock | 4 Bedroom 4.5 Bath | 4BR,4.5BA | $0.36 |
| Monticello Apartments | 2BR/2BA Logan Gate w/Den | 2BR,2BA | $0.66 |
| Campus Side Apartments | 4 Bed / 1.5 Bathroom | 4BR,1.5BA | $0.29 |
| South Rock Apartments | 2 Beds, 2 baths | 2BR,2BA | $0.57 |
| Lafayette Apartments | 2/1 | 2BR,1BA | $0.88 |
| Monticello Apartments | 2 bedroom | 2BR,1BA | $0.88 |
| Liberty Park Apartments | 2BD/1BH | 2BR,1BA | $0.82 |
| Timber Ridge Apartments | 2BD/1BH | 2BR,1BA | $0.89 |
| Shannon Terrace | 2BD/1BH | 2BR,1BA | $0.81 |
| University Village at Slippery Rock (new) | 2BR/2BA | 2BR,2BA | $0.72 |
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.
Best Local Schools in Mercer, PA
Mercer Area Senior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Mercer, PA
Frequently Asked Questions about Mercer
What type of rentals are currently available in Mercer?
There are currently 55 Apartments for Rent in Mercer, PA with pricing that ranges from $550 to $2,292. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mercer ranging from $750 to $2,400.
What is the current price range for Rental Homes in Mercer?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mercer ranges from $750 to $2,400 with an average monthly rent of $1,210.
How much are larger Three and Four Bedroom Rentals in Mercer?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Mercer range from $732 to $2,292, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $1,475. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $550.
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.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.