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Apartments for Rent in 98040, WA - 22 Rentals available

  • Apartment in Mercer Island
    2630 77Th Avenue SE, Mercer Island, WA 98040
    $1,685 - $4,402
    • Studio-3 Beds
    • 1-2 Baths
    Available Today!
    (844) 530-7995
  • Apartment in Mercer Island
    2601 76Th Avenue SE, Mercer Island, WA 98040
    $1,196 - $4,590
    • Studio-2 Beds
    • 1-2 Baths
    Available Today!
    (844) 301-8101
  • Apartment in Mercer Island
    7650 SE 27Th Street, Mercer Island, WA 98040
    $1,535 - $4,235
    • Studio-2 Beds
    • 1-2 Baths
    Avenue5 Residential, LLC
    Available Today!
    (844) 368-8157

Popular Searches

98040 Demographics

  • Total Population24,120
  • Female 11,742
    Male 12,378
  • Median Age45.3

Average Rent in 98040

  • 98040 Average Rental Price, December 2018$2,168/mo
  • Studio$1,646
  • 1 Bedroom$1,974
  • 2 Bedrooms$2,422
  • Studio$1,646
  • 1 Bedroom$1,974
  • 2 Bedroom$2,422

98040 Apartment Rent Ranges

  • $1,001-$1,5005%
  • $1,501-$2,00048%
  • > $2,00046%

98040 Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Dec / 2018 $2,168 $1,646 $1,974 $2,422
Jan / 2018 $2,141 $1,671 $1,921 $2,405
Sept / 2017 $2,180 $1,720 $1,978 $2,409
May / 2017 $2,190 $1,676 $2,059 $2,368
Jan / 2017 $2,113 $1,600 $2,032 $2,214
Sept / 2016 $2,191 $1,644 $2,079 $2,353
May / 2016 $2,163 $1,646 $1,937 $2,449
Jan / 2016 $2,130 $1,734 $1,862 $2,398
Sept / 2015 $2,051 $1,614 $1,826 $2,274
May / 2015 $2,033 $1,520 $1,792 $2,293
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Average rent is projected to grow by 5% in 2018 compared to 2017.

Please note that projected rent growth is calculated at city level.

98040 Households

  • Total Number of Households9,583
  • Family 6,887
    Non-family 2,696
  • Children 3,232
    No Children 6,351
  • Average People Per Household2.51
  • Median Household Income$126,106
  • Median Housing Costs Per Month$2,218

98040 Education Statistics

  • No High School1%
  • Some High School8%
  • Some College12%
  • Associate Degree5%
  • Bachelor Degree40%
  • Graduate Degree34%

RENTCafé is your one-stop shop for finding a great new apartment in the 98040 zip code. Easily search through a wide selection of apartments for rent in 98040, WA and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Rents for apartments in 98040 start at $1,196. Browse apartment listings in 98040 and submit your rental application today!