Apartments for Rent in Mercer Island, WA

Prices and availability in Mercer Island, WA were last updated on 4 Oct 2026.

The best apartments in Mercer Island, WA are: The Hadley Apartments, 77 Central, Island Square, The Mercer Apartment Homes and Grace Place.

The average rent in Mercer Island, WA is $2,611.

The price range for a studio apartment in Mercer Island, WA is between $2,091 and $3,374.

The price range for a 1-bedroom apartment in Mercer Island, WA is between $1,473 and $5,462.

The price range for a 2-bedroom apartment in Mercer Island, WA is between $2,995 and $5,342.

The price range for a 3-bedroom apartment in Mercer Island, WA is between $2,100 and $6,343.

In Mercer Island, 33% of the residents are renting compared to 67% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 41% of Mercer Island's rentals, 41% are small-scale complexes with under 50 units, and 17% are single-family rentals.

The average age of rental buildings in Mercer Island is 39 years old, with 59% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 4 stories, of which 68% are garden-style apartment communities, 45% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Mercer Island come in a range of sizes and floorplans. Studio apartments represent 11% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 43% of the total apartments in the city, while 2-bedroom floorplans represent around 41% of all rentals in Mercer Island. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.