Apartments for Rent in Mercer Island, WA

Prices and availability in Mercer Island, WA were last updated on 23 May 2026.

The best apartments in Mercer Island, WA are: 77 Central, Lunara, 7667 Southeast 27th Street, Grace Place and The Mercer Apartment Homes.

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

The price range for a studio apartment in Mercer Island, WA is between $1,796 and $3,051.

The price range for a 1-bedroom apartment in Mercer Island, WA is between $2,461 and $5,462.

The price range for a 2-bedroom apartment in Mercer Island, WA is between $1,905 and $4,667.

The price range for a 3-bedroom apartment in Mercer Island, WA is between $2,394 and $6,870.

In Mercer Island 33% of the housing is rented out compared to 67% of homes are owned, according to the most recent Census Bureau estimates. 41% of Mercer Island's apartments are found in large buildings of 50 units or more, 41% are located in smaller apartment complexes with less than 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.