Mercer Island, WA rental market

What is the average rent in Mercer Island, WA?

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Last updated July 10, 2026

Rental market summary

The average rent for all bedrooms and all property types in Mercer Island, WA is $3,399.

Average rent

$3,399

Month-over-month change

+$199

Year-over-year change

-$596

Available rentals

49

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,800 to $15,000.

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Rent frequencies
Rent priceNumber of rental properties
$1,7001
$1,8001
$2,1001
$2,2002
$2,3001
$2,4005
$2,5001
$2,6003
$2,7003
$2,9002
$3,0002
$3,1003
$3,2003
$3,3001
$3,5001
$3,7001
$4,9001
$5,000+21

Average rent price over time

In the last year, rent has decreased by $596 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$3,500$3,650
Feb$2,795$3,100
Mar$2,800$3,134
Apr$3,000$2,995
May$3,295$2,950
Jun$2,985$3,200
Jul$3,995$3,195
Aug$3,600No data
Sep$4,250No data
Oct$4,450No data
Nov$3,650No data
Dec$4,850No data

Market temperature

The Mercer Island, WA rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Mercer Island, WA is 69% higher than the national average.

Mercer Island, WAvs.

$3,399

$2,011

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Frequently asked questions

1. What is the average rent in Mercer Island, WA?

The average rent in Mercer Island, WA is $3,399.

2. What is the average rent for a studio apartment in Mercer Island, WA?

The average rent for a studio apartment in Mercer Island, WA is $2,338 per month.

3. What is the average rent for a one-bedroom apartment in Mercer Island, WA?

The average rent for a one-bedroom apartment in Mercer Island, WA is $2,350 per month.

4. What is the average rent for a two-bedroom apartment in Mercer Island, WA?

The average rent for a two-bedroom apartment in Mercer Island, WA is $3,195 per month.

5. What is the average rent for a three-bedroom apartment in Mercer Island, WA?

The average rent for a three-bedroom apartment in Mercer Island, WA is $5,200 per month.

6. What is the average rent for a four-bedroom apartment in Mercer Island, WA?

The average rent for a four-bedroom apartment in Mercer Island, WA is $9,433 per month.

7. How much does it cost to rent a house in Mercer Island, WA?

Houses in Mercer Island, WA rent between $1,800 - $15,000 with an average rent of $3,399.

8. How has the rent in Mercer Island, WA changed in the last year?

In the last year, the rent in Mercer Island, WA decreased by $596

9. How much has the rent in Mercer Island, WA increased/decreased in the last month?

In the last month, the rent in Mercer Island, WA increased by $199

10. How many available rentals are there in Mercer Island, WA?

There are currently 49 rentals available in Mercer Island, WA.

11. How do rent prices in Mercer Island, WA compare with the national average?

The average rent in Mercer Island, WA is $3,399 — 69.02% higher the national average of $2,011.

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