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modified
5+ Days Ago

Highlights

  • Gourmet kitchen
  • High end appliances
  • Spa-like en suite bathroom
  • Dining room
  • Lush garden

Location

5045 W Mercer Way, Mercer Island, WA 98040, USA

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Rent trends in Mercer Island

3-bedroom apartments at 5045 W Mercer Way cost about 41% more than the average rent price for 3-bedroom apartments in Mercer Island.

Median rents as of Feb 14 2026.
Mercer Island
A table of 3-bedroom apartment rental data trends in Mercer Island
MonthMedian Rent
March 2024$4,585
April 2024$5,088
May 2024$5,420
June 2024$5,429
July 2024$5,871
August 2024$5,406
September 2024$4,833
October 2024$5,128
November 2024$5,207
December 2024$5,536
January 2025$5,313
February 2025$5,033
March 2025$4,691
April 2025$4,842
May 2025$5,156
June 2025$5,100
July 2025$5,085
August 2025$4,986
September 2025$4,452
October 2025$4,900
November 2025$4,852
December 2025$4,553
January 2026$4,282
February 2026$4,419

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 5045 W Mercer Way, Mercer Island, WA.
7 months ago$6,350
1 year ago$5,995

Schools near 5045 W Mercer Way

Island Park Elementary School

5437 island crest way

mercer island, WA, 98040

K-5Public
A

West Mercer Elementary School

4141 81st ave se

mercer island, WA, 98040

K-5Public
A

Northwood Elementary School

4030 86th ave se

mercer island, WA, 98040

PK, K-5Public
A

Lakeridge Elementary School

8215 se 78th

mercer island, WA, 98040

K-5Public
A

Bridges Transition

7201 beacon ave s

seattle, WA, 98108

PK, K-12Public
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Internet available near 5045 W Mercer Way

Getting around Mercer Island near 5045 W Mercer Way

Walking

3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

4/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

1/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 5045 W Mercer Way, Mercer Island

Groceries

1/10
No grocery stores within walking distance

Shopping

1/10
Few or no shops within walking distance

Cafes

2/10
Few or no cafés within walking distance

Restaurants

3/10
Few or no restaurants within walking distance

Primary schools

5/10
At least one elementary school within a 30-minute walk

High schools

5/10
At least one high school within a 30-minute walk

Parks

6/10
Moderate amount of park space nearby

Nightlife

1/10
Few or no bars within walking distance

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Studio apartment rentals in Mercer Island3 listings

3 listings

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