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Mercer Crest Apartments earns a strong 8.6 out of 10 overall, with standout marks for amenities, location, and quality, plus solid value and trustworthiness. It offers gated parking, modern appliances, on-site laundry facilities, contemporary finishes, and a fully remodeled feel, and it ranks in the 89.33rd percentile for value for money among nearby properties.
Things you ’ll love
Less expensiveLaundry available on site| 1BR/1.0BA | 1 bed | 1 bath | 500 sqft | $1,445–$1,595 /mo | 2 units available | ONE MONTH FREE! Mercer Crest Residential is ideally situated on the south slope of Queen Anne along the Mercer Street corridor, offering an exceptional pedestrian-friendly lifestyle just minutes from Downtown Seattle, Seattle Center, and South Lake Union. Residents enjoy effortless access to public transportation including Metro and RapidRide, nearby Zipcar locations, and quick connections to Highway 99 and I-5. This classic mid-century 1950s building blends timeless character with modern conveniences. Community features include a secure main entrance, on-site laundry facilities, individual storage units, and gated parking available for an additional fee. This premier top-floor apartment boasts stunning water views and abundant natural light. Fully remodeled in July 2021, the unit features contemporary finishes, modern appliances, and a thoughtfully updated interior designed for both comfort and style. Rent: $1,595 Utility Fee: Based on number of occupants: $65 (1) $115 (2) Parking: $150 Term: One Year Laundry On Site Free Storage Unit Included NO pets and NO smoking!! |
Let's explore this property.
Apartment Amenities
| Free Storage Unit | Top Floor |
Building
| Onsite Laundry |
Grounds
| Water View |
One-time.
One-time. Refundable.
No pets allowed.
Questions about this property’s policies and fees?
| Units | 32 |
|---|
ONE MONTH FREE! Mercer Crest Residential is ideally situated on the south slope of Queen Anne along the Mercer Street corridor, offering an exceptional pedestrian-friendly lifestyle just minutes from Downtown Seattle, Seattle Center, and South Lake Union. Residents enjoy effortless access to public transportation including Metro and RapidRide, nearby Zipcar locations, and quick connections to Highway 99 and I-5. This classic mid-century 1950s building blends timeless character with modern conveniences. Community features include a secure main entrance, on-site laundry facilities, individual storage units, and gated parking available for an additional fee. This premier top-floor apartment boasts stunning water views and abundant natural light. Fully remodeled in July 2021, the unit features contemporary finishes, modern appliances, and a thoughtfully updated interior designed for both comfort and style. Rent: $1,595 Utility Fee: Based on number of occupants: $65 (1) $115 (2) Parking: $150 Term: One Year Laundry On Site Free Storage Unit Included NO pets and NO smoking!!
How Mercer Crest Apartments compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at Mercer Crest Apartments cost about 29% less than the average rent price for 1-bedroom apartments in Lower Queen Anne.
| Month | Median Rent |
|---|---|
| July 2024 | $1,425 |
| August 2024 | $1,419 |
| September 2024 | $1,398 |
| October 2024 | $1,386 |
| November 2024 | $1,384 |
| December 2024 | $1,392 |
| January 2025 | $1,395 |
| February 2025 | $1,376 |
| March 2025 | $1,387 |
| April 2025 | $1,395 |
| May 2025 | $1,395 |
| June 2025 | $1,396 |
| July 2025 | $1,396 |
| August 2025 | $1,400 |
| September 2025 | $1,397 |
| October 2025 | $1,392 |
| November 2025 | $1,374 |
| December 2025 | $1,382 |
| January 2026 | $1,352 |
| February 2026 | $1,363 |
| March 2026 | $1,379 |
| April 2026 | $1,373 |
| May 2026 | $1,384 |
| June 2026 | $1,375 |
| Month | Median Rent |
|---|---|
| July 2024 | $1,395 |
| August 2024 | $1,395 |
| September 2024 | $1,396 |
| October 2024 | $1,485 |
| November 2024 | $1,496 |
| December 2024 | $1,525 |
| January 2025 | $1,539 |
| February 2025 | $1,514 |
| March 2025 | $1,530 |
| April 2025 | $1,547 |
| May 2025 | $1,555 |
| June 2025 | $1,580 |
| July 2025 | $1,534 |
| August 2025 | $1,513 |
| September 2025 | $1,506 |
| October 2025 | $1,516 |
| November 2025 | $1,497 |
| December 2025 | $1,500 |
| January 2026 | $1,503 |
| February 2026 | $1,526 |
| March 2026 | $1,553 |
| April 2026 | $1,499 |
| May 2026 | $1,504 |
| June 2026 | $1,598 |
Can I afford to live at 500 W Mercer St?
Bedrooms
1 bedroomRent-to-income ratio
30%
$57,800/yr
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$1,774–$2,004
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1–2 Beds
$1,599–$2,475
Downtown Bellevue • 123 112th Ave Ne
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$1,624–$3,915
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$1,850–$3,250
Lake City • 12728 28th Ave Ne
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$1,599–$2,305
