2

Mercer Island, WA Condos for Rent

Section Image
  • /15

    $4,880 Per Month

    • 2 Beds
    • Condo for Rent

    80 3030 80th Ave Se Se Ave Unit 101, Mercer Island, WA 98040

    Welcome home to 3030 80th Ave SE, Mercer Island, WA! This inviting 2-bedroom, 2-bathroom residence offers a comfortable and convenient place to call home in one of Mercer Island’s most desirable locations. The thoughtfully designed layout provides plenty of room to relax, work, and entertain, with two well-proportioned bedrooms and the convenience of two full bathrooms. The home offers a

    Chengying Deng Kelly Right RE of Seattle LLC

    80 3030 80th Ave Se Se Ave Unit 101, Mercer Island, WA 98040
  • /14

    $2,100 Per Month

    • 1 Bed
    • 1 Bath
    • 715 Sq Ft
    • Condo for Rent

    2500 81st Ave SE Unit C329, Mercer Island, WA 98040

    Location, location, location! Rare opportunity on Mercer Island — a East facing one-bedroom with a private deck all within steps of the light rail station, Park & Ride and Downtown. The open living/dining space features hardwood-look plank flooring, a wall of windows, and seamless flow to the oversized deck. kitchen and bath. Building amenities include elevator, gated entry, laundry, and extra

    Bev Watson RE/MAX Eastside Brokers, Inc.

    2500 81st Ave SE Unit C329, Mercer Island, WA 98040

Frequently Asked Questions

How much does it cost to rent a condo in Mercer Island, WA?
The median rent for a condo in Mercer Island, WA is $2,945 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Mercer Island, WA?
To comfortably afford the median rent in Mercer Island, WA, a household needs to earn roughly $232,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $5,800 per month in Mercer Island, WA, renters typically need to show $17,400 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Mercer Island, WA?
In Mercer Island, WA, the price-to-rent ratio is 33.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$2,945
Median 1 Bedroom Condo Rent
$2,248
Median 2 Bedroom Condo Rent
$2,998
How to Rent a Home