Last updated on October 4, 2026

Average rent in
Mercer Island, WA

Median rent

Median rent in Mercer Island

$2,902/mo

decreased by3%

vs previous year

The average rent in Mercer Island is $2,902 per month as of October 2026. This is 53% above the national average rent, or $1,002 more per month.

$2.52

average price per square foot

Total rentals

Available rentals in Mercer Island

23

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Mercer Island rentals at each price point

55%41%28%14%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Mercer Island, WA

Average rent prices in Mercer Island have remained the same over the last month and have decreased by 3% since last year.

Rent trends

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

Compare rent prices in Mercer Island, WA

Rent prices in Mercer Island vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Mercer Island is $2,642, whereas a house costs $6,000. 1-bedroom apartments in Mercer Island run $2,617 on average, while 2-bedroom apartments are $3,555.

Listings

Studio

$1,395

3%

20%

1 bedroom

$2,615

1%

8%

2 bedroom

$3,487

No Change

3%

3 bedroom

$3,500

14%

20%

4 bedroom

$6,300

5%

13%

Studio

Average rent

$1,395

Last 30 days

3%

Last year

20%

1 bedroom

Average rent

$2,615

Last 30 days

1%

Last year

8%

2 bedroom

Average rent

$3,487

Last 30 days

No Change

Last year

3%

3 bedroom

Average rent

$3,500

Last 30 days

14%

Last year

20%

4 bedroom

Average rent

$6,300

Last 30 days

5%

Last year

13%

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.

How does rent in Mercer Island, WA compare to other cities?

Compare median rent prices in Mercer Island and Bothell West by all bedroom counts and property types.

Mercer Island

Median rent price$2,902
increased by53%

higher than the national median

Median rent price$3,297
increased by74%

higher than the national median

Takeaway

The median rent for all rentals in Mercer Island, WA is 12% lower than the median rent in Bothell West, WA.

Discover rentals in Mercer Island, WA

Mercer Park Apartments - Photo 1 of 1

4d ago

8

Very good

Mercer Park Apartments

3021 81st Pl Se, Mercer Island, WA 98040

2 beds

1 bath

$2,195

3038 65th Pl Se - Photo 1 of 1

5d+ ago

House for rent in Mercer Island

6720 81st Ave Se - Photo 1 of 1
3D tour

5d+ ago

House for rent in Mercer Island

A Spacious 4-Bedroom Gem in Mercer Island

6720 81st Ave Se, Mercer Island, WA 98040

4 beds

2.5 baths

$4,800

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Mercer Island, WA

Quick answers to common questions about the Mercer Island rental market.

How much is rent in Mercer Island?

The average rent in Mercer Island is $2,902 per month as of October 3, 2026.

Is rent up or down in Mercer Island?

Average rent prices in Mercer Island have remained the same over the last month and have decreased by 3% since last year.

How does Mercer Island rent compare to the national average?

Rent in Mercer Island is 53% above the national average, which means renters are paying approximately $1,002 more per month.

Which neighborhoods are most affordable in Mercer Island?

The most affordable neighborhoods in Mercer Island are East Seattle ($2,546/mo), Mcgilvara ($2,779/mo), and Downtown Mercer Island ($2,886/mo).

What salary do I need to afford rent in Mercer Island?

To comfortably afford rent in Mercer Island, you'd need to earn approximately $116,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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