Average Rent in Mercer Island, WA and Rent Price Trends

Rent price trends in
Mercer Island, WA

Rent price trends

Rent prices for all bedroom counts and property types in Mercer Island, WA have decreased by 7% in the last month and have increased by 12% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Mercer Island, WA
The monthly rent for an apartment in Mercer Island, WA is $3,063. A 1-bedroom apartment in Mercer Island, WA costs about $2,389 on average, while a 2-bedroom apartment is $3,409. Houses for rent in Mercer Island, WA are more expensive, with an average monthly cost of $3,650.


1 bedroom	$1,700	7%	26%
2 bedroom	$3,494	6%	19%
3 bedroom	$3,300	9%	30%
4 bedroom	$3,695	45%	31%
Studio	$1,372	4%	3%

		Comparables
Beaumont	$2,995
Downtown Mercer Island	$2,993
East Seattle	$2,160
Mcgilvara	$1,969


Apartments	$3,063	No Change	No Change
Condos	$2,600	18%	-
Houses	$3,650	24%	No Change
Rooms	$602	-	-

Studio

Average rent

$1,372

Last 30 days

Last year

1 bedroom

Average rent

$1,700

Last 30 days

Last year

26%

2 bedroom

Average rent

$3,494

Last 30 days

Last year

19%

3 bedroom

Average rent

$3,300

Last 30 days

Last year

30%

4 bedroom

Average rent

$3,695

Last 30 days

45%

Last year

31%

The table above reflects average rent prices in Mercer Island, WA, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Mercer Island, WA to other cities

Median rent prices in Mercer Island, WA for all bedroom counts and property types compared to Bothell West, WA.

Mercer Island

Median rent price$3,295

73%

higher than the national median

Median rent price$2,325

22%

higher than the national median

Takeaway

The median rent for all rentals in Mercer Island, WA is 42% higher than the median rent in Bothell West, WA.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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