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Mercer Island, WA Condos for Rent

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  • 2500 81st Ave SE Unit C333, Mercer Island, WA 98040
    2500 81st Ave SE Unit C333, Mercer Island, WA 98040
    2500 81st Ave SE Unit C333, Mercer Island, WA 98040
    /18

    $2,500 Per Month

    • 2 Beds
    • 1.5 Baths
    • 1,065 Sq Ft
    • Condo for Rent

    2500 81st Ave SE Unit C333, Mercer Island, WA 98040

    Fabulous location at the north end of Mercer Island. It's very convenient for nearby restaurants and parks. Commuting is a breeze with the Light Rail Stations, and it's adjacent to the Park and Ride and bus stops to Seattle and Bellevue. Walking distance to enjoy the Farmer's Market. Nicely updated 2 bedroom 1.5 bathe condo that features crisp updated kitchen with quartz counters, LVP floors,

    Joe Horgan Pointe3 Real Estate

    2500 81st Ave SE Unit C333, Mercer Island, WA 98040
  • 2500 81st Ave SE Unit A103, Mercer Island, WA 98040
    2500 81st Ave SE Unit A103, Mercer Island, WA 98040
    2500 81st Ave SE Unit A103, Mercer Island, WA 98040
    /12

    $1,950 Per Month

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

    2500 81st Ave SE Unit A103, Mercer Island, WA 98040

    Charming Ground-Level Condo in the Heart of Mercer Island The Perfect Blend of Convenience and Comfort Experience easy living in this ideally situated ground-level condo. Whether you are a commuter looking for a seamless trip to Seattle or Bellevue, or someone who wants the tranquility of Mercer Island's parks and downtown core, this unit offers a rare combination of location and lifestyle.

    Hiep Vinh Skyline Properties, Inc.

    2500 81st Ave SE Unit A103, Mercer Island, WA 98040
Washington King County Mercer Island

Condos for Rent in Mercer Island, WA

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 $2,500 per month, though prices vary by neighborhood, size, and property type. As of June 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 $156,000 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 $3,900 per month in Mercer Island, WA, renters typically need to show $11,700 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 50.9, 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.
What neighborhoods in Mercer Island, WA are best for renting a condo?
The best neighborhood for renting in Mercer Island, WA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Downtown Bellevue, Capitol Hill, First Hill, Denny Triangle and Pike Place Market, each with its own character and price range.

Condo Rental Trends in Mercer Island, WA

There are currently 2 condos available for rent in Mercer Island, WA. The median rent is $2,500 per month, with 1-bedroom condos renting at $6,546 and 2-bedroom condos at $2,500.

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$2,500
Median 1 Bedroom Condo Rent
$6,546
Median 2 Bedroom Condo Rent
$2,500
How to Rent a Home

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