Last updated on July 5, 2026

Average rent in
Mercer Island, WA

Median rent

Median rent in Mercer Island

$3,045/mo

increased by2%

vs previous year

The average rent in Mercer Island is $3,045 per month as of July 2026. This is 56% above the national average rent, or $1,095 more per month.

$2.86

average price per square foot

Total rentals

Available rentals in Mercer Island

19

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Mercer Island rentals at each price point

45%34%23%11%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 increased by 4% over the last month and have increased by 2% 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 $2,918, whereas a house costs $4,195. 1-bedroom apartments in Mercer Island run $2,623 on average, while 2-bedroom apartments are $3,941.

Listings

Studio

$1,362

4%

3%

1 bedroom

$2,313

1%

7%

2 bedroom

$3,686

No Change

18%

3 bedroom

$3,445

5%

30%

4 bedroom

$4,195

7%

32%

Studio

Average rent

$1,362

Last 30 days

4%

Last year

3%

1 bedroom

Average rent

$2,313

Last 30 days

1%

Last year

7%

2 bedroom

Average rent

$3,686

Last 30 days

No Change

Last year

18%

3 bedroom

Average rent

$3,445

Last 30 days

5%

Last year

30%

4 bedroom

Average rent

$4,195

Last 30 days

7%

Last year

32%

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$3,045
increased by56%

higher than the national median

Median rent price$3,597
increased by84%

higher than the national median

Takeaway

The median rent for all rentals in Mercer Island, WA is 15% lower than the median rent in Bothell West, WA.

Discover rentals in Mercer Island, WA

Mercer View Apartments - Photo 1 of 1

3d ago

7.4

Very good

Mercer View Apartments

3015 81st Pl Se, Mercer Island, WA 98040

2 beds

1 bath

$2,295–$2,350

Apartment for rent

2945 76th Ave Se #7A - Photo 1 of 1

5d+ ago

Downtown Mercer Island townhouse for rent in Mercer Island

2 beds

1.5 baths

$2,795

House for rent

Available Aug 10

4126 78th Ave SE - Photo 1 of 1

4d ago

Apartment for rent in Mercer Island

Apartment for rent

Available Aug 1

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 $3,045 per month as of July 4, 2026.

Is rent up or down in Mercer Island?

Average rent prices in Mercer Island have increased by 4% over the last month and have increased by 2% since last year.

How does Mercer Island rent compare to the national average?

Rent in Mercer Island is 56% above the national average, which means renters are paying approximately $1,095 more per month.

Which neighborhoods are most affordable in Mercer Island?

The most affordable neighborhoods in Mercer Island are Beaumont ($2,378/mo), Mcgilvara ($2,495/mo), and East Seattle ($2,495/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 $122,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Mercer Island?

The median rent for a 1-bedroom apartment in Mercer Island, WA is $2,440, while a 2-bedroom apartment has a median rent of $3,388.

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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