Last updated on August 20, 2026

Average rent in
Mercer Island, WA

Median rent

Median rent in Mercer Island

$2,995/mo

decreased by5%

vs previous year

The average rent in Mercer Island is $2,995 per month as of August 2026. This is 56% above the national average rent, or $1,070 more per month.

$2.68

average price per square foot

Total rentals

Available rentals in Mercer Island

22

for rent on Zumper.com as of August 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 decreased by 1% over the last month and have decreased by 5% 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 $2,941, whereas a house costs $4,675. 1-bedroom apartments in Mercer Island run $2,707 on average, while 2-bedroom apartments are $3,645.

Listings

Studio

$1,150

1%

33%

1 bedroom

$2,636

3%

17%

2 bedroom

$3,643

1%

19%

3 bedroom

$3,412

9%

31%

4 bedroom

$5,595

4%

19%

Studio

Average rent

$1,150

Last 30 days

1%

Last year

33%

1 bedroom

Average rent

$2,636

Last 30 days

3%

Last year

17%

2 bedroom

Average rent

$3,643

Last 30 days

1%

Last year

19%

3 bedroom

Average rent

$3,412

Last 30 days

9%

Last year

31%

4 bedroom

Average rent

$5,595

Last 30 days

4%

Last year

19%

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$2,995
increased by56%

higher than the national median

Median rent price$3,745
increased by95%

higher than the national median

Takeaway

The median rent for all rentals in Mercer Island, WA is 20% lower than the median rent in Bothell West, WA.

Discover rentals in Mercer Island, WA

Mercer View Apartments - Photo 1 of 1

5d+ ago

7.4

Very good

Mercer View Apartments

3015 81st Pl Se, Mercer Island, WA 98040

2 beds

1 bath

$1,995–$2,095

Price drop

Apartment for rent

Mercer Park Apartments - Photo 1 of 1

3d ago

8

Very good

Mercer Park Apartments

3021 81st Pl Se, Mercer Island, WA 98040

2 beds

1 bath

$2,260

Apartment for rent

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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 $2,995 per month as of August 15, 2026.

Is rent up or down in Mercer Island?

Average rent prices in Mercer Island have decreased by 1% over the last month and have decreased by 5% 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 $1,070 more per month.

Which neighborhoods are most affordable in Mercer Island?

The most affordable neighborhoods in Mercer Island are Downtown Mercer Island ($2,906/mo), Mcgilvara ($2,975/mo), and Beaumont ($2,992/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 $120,000/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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