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Mercer Island, WA Homes for Rent

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  • /9

    $3,600 Per Month

    • 1 Bed
    • 2 Baths
    • 1,786 Sq Ft
    • Condo for Rent

    7420 SE 27th St Unit A, Mercer Island, WA 98040

    Spacious and newer 1,786 square foot, 1 Bedroom/ 2 Bath unit available for rent. Open concept floor plan with large family room space and kitchen that provides stainless steel appliances, granite counter tops, and tons of cupboard space for storage. Additional large flex space that could be utilized as a second bedroom, entertainment area, home gym, or office. Washer and dryer in unit. 1 car

    Agent Photo

    Kim Florence

    John L. Scott, Inc.

    7420 SE 27th St Unit A, Mercer Island, WA 98040
  • /36

    Starting at $2,150

    Total Monthly Price

    • Studio - 2 Beds

    7650 SE 27th St, Mercer Island, WA 98040

    These private and secluded havens are minutes from the vibrant nightlife of Seattle, and around the corner from the shopping and dining of Bellevue. The Mercer is ideally located on the north end of the island, offering quick access to Seattle or Bellevue, with first-class amenities twelve months of the year. Compare with any other community and you will see that The Mercer is first class living

    The Mercer Apartment Homes

    7650 SE 27th St, Mercer Island, WA 98040
  • /35

    Starting at $2,129

    Total Monthly Price

    • Studio - 2 Beds

    2758 78th Ave SE, Mercer Island, WA 98040

    sland Square offers renovated studio, one-, and two-bedroom apartment homes in the heart of Mercer Island. Updated interiors feature Swiss elm cabinetry, quartz countertops, stainless steel appliances, brushed nickel fixtures, and wood plank flooring. Spacious floor plans include modern appliances and large windows that create a bright, inviting atmosphere. Residents enjoy a 24-hour fitness

    Island Square

    2758 78th Ave SE, Mercer Island, WA 98040
  • /50

    Starting at $1,876

    Total Monthly Price

    • Studio - 4 Beds

    3209 Shorewood Dr, Mercer Island, WA 98040

    Take in the Tradition. Located on Mercer Island just outside of Seattle, Washington you'll find comfort and convenience in this luxury apartment community. Shorewood offers newly restored spacious one, two and three bedroom apartment homes that feature refinished original hardwood floors, crown molding, washer and dryer in every home and fully equipped kitchens that include farmhouse sinks.

    Shorewood

    3209 Shorewood Dr, Mercer Island, WA 98040
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    $5,600 Per Month

    • 4 Beds
    • 3 Baths
    • 2,410 Sq Ft
    • House for Rent

    7814 SE 72nd St, Mercer Island, WA 98040

    Welcome to this extensively renovated rambler in the coveted South End of Mercer Island! Offering 2,410 sq. ft. of effortless single-level living, this beautifully updated, fully remodeled, 4-bedroom, 3-bath home perfectly balances luxury craftsmanship with everyday comfort. The heart of the home is a stunning chef's kitchen outfitted with premium Wolf appliances. Enjoy gleaming hardwood floors,

    Minali Kumar John L. Scott, Inc.

    7814 SE 72nd St, Mercer Island, WA 98040
  • /38

    $6,000 Per Month

    • 4 Beds
    • 4 Baths
    • 3,358 Sq Ft
    • House for Rent

    7255 E Mercer Way, Mercer Island, WA 98040

    Available Now! Welcome to this beautifully maintained Mercer Island home, where expansive lake views, abundant natural light, and exceptional indoor-outdoor living come together. The spacious 4-bedroom, 4 bath residence features a flexible floor plan with multiple ensuite bedrooms, vaulted ceilings, hardwood floors, updated finishes, and a bright, open living space. Enjoy sweeping lake views from

    Patrick Lee Lori Gill & Assoc. Prop Mgmt

    7255 E Mercer Way, Mercer Island, WA 98040
  • /32

    $4,500 Per Month

    • 2 Beds
    • 3.5 Baths
    • 1,900 Sq Ft
    • Townhouse for Rent

    3605 93rd Ave SE, Mercer Island, WA 98040

    Beautifully updated East facing North Mercer townhome featuring vaulted ceilings, skylights, and expansive windows that fill the home with natural light. The spacious floor plan includes a dining area with wet bar, a large private deck ideal for outdoor living and entertaining, and a generous 2-car garage. Both bedrooms are generously sized and feature built-in closet systems, including one with

    Jason Tate Coldwell Banker Bain

    3605 93rd Ave SE, Mercer Island, WA 98040
  • /33

    $5,800 Per Month

    • 3 Beds
    • 2.5 Baths
    • 3,132 Sq Ft
    • House for Rent

    7639 SE 29th St, Mercer Island, WA 98040

    Spacious 3-bedroom, 2.5-bath home with bonus/media room offering the comfort of a traditional home with the ease of townhome living. Prime location near downtown Mercer Island, shopping, dining, light rail, I-90 access, and directly across from Metropolitan Market. Updated interior with fresh paint, refreshed kitchen cabinets, engineered hardwood floors, newer carpeting, recessed lighting, and a

    Scott Gibbons COMPASS

    7639 SE 29th St, Mercer Island, WA 98040
  • /37

    $10,950 Per Month

    • 5 Beds
    • 6 Baths
    • 5,450 Sq Ft
    • House for Rent

    8243 W Mercer Way, Mercer Island, WA 98040

    Built in 2026 experience panoramic Lake Washington and Mt. Rainier views from this exceptional Mercer Island residence. Floor-to-ceiling windows and expansive nano doors fill the home with natural light while showcasing breathtaking sunsets, sparkling water views, and passing boats. The spacious floor plan offers flexibility for a variety of living arrangements, including a private main-level

    Helena Chen eXp Realty

    8243 W Mercer Way, Mercer Island, WA 98040
  • /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
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    $5,900 Per Month

    • 4 Beds
    • 3 Baths
    • 2,395 Sq Ft
    • House for Rent

    4290 Shoreclub Dr, Mercer Island, WA 98040

    Enjoy Mt. Rainier, Cascade & Lake WA views from this move-in ready, contemporary north end home! Dramatic floor to ceiling windows maximizes the view while the open concept design features entertainment size gourmet kitchen/dining & living room. Flooded w/natural light but uniquely private, you'll find flexible floor plan w/multi-use spaces, fresh interior paint. Soak up the sun on one of the 3

    Susim Rana Mitra Skyline Properties, Inc.

    4290 Shoreclub Dr, Mercer Island, WA 98040
  • /40

    $8,995 Per Month

    • 4 Beds
    • 4.5 Baths
    • 4,130 Sq Ft
    • House for Rent

    7275 N Mercer Way, Mercer Island, WA 98040

    Custom quality construction home with style and stunning views of Lake Washington and the City of Bellevue. Dramatic, 3- story entry with commissioned metal stair rail that is a true work of art. Soaring ceilings and walls of glass. Gorgeous slate and hardwood floors throughout, 8-foot solid cherry doors, custom cabinetry and slab stone. Open, great room floor plan with sun drenched deck is the

    Rob Gasca Rob Gasca Real Estate Group

    7275 N Mercer Way, Mercer Island, WA 98040
  • /14

    $6,200 Per Month

    • 3 Beds
    • 2.5 Baths
    • 2,840 Sq Ft
    • House for Rent

    4456 Ferncroft Rd, Mercer Island, WA 98040

    Exceptional furnished waterfront rental from October 1st 2026- June 30th 2027 CANNOT be extended- sorry. Great for relocation, or short term rental while remodeling. Open concept 1959 Home of the Year with tasteful updates. Large living and dining room with expansive lake views. Upstairs 3 bedrooms. Primary en-suite. Family room with wood burning fireplace, and sliders to oversized deck. Home

    Peo Gudmundsson Coldwell Banker Bain

    4456 Ferncroft Rd, Mercer Island, WA 98040
  • /14

    $1,999 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
  • /30

    $7,000 Per Month

    • 4 Beds
    • 4.5 Baths
    • 4,260 Sq Ft
    • House for Rent

    2216 70th Ave SE, Mercer Island, WA 98040

    Wake up to beautiful Lake Washington and Seattle skyline views from this spacious 4,260 sq ft home in one of Mercer Island's most desirable neighborhoods. Offering 4 bedrooms, 4.5 baths, plus a bonus room adjoining the primary suite, ideal for a home office, nursery, fitness room, or oversized second walk-in closet. The light-filled main level features soaring ceilings, formal living and dining

    Christian Anderson John L. Scott, Inc.

    2216 70th Ave SE, Mercer Island, WA 98040
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    $4,595 Per Month

    • 4 Beds
    • 2 Baths
    • 2,120 Sq Ft
    • House for Rent

    3240 90th Place SE, Mercer Island, WA 98040

    Spacious, light-filled 4-bedroom, 2-bath home located at the end of a desirable Mercer Island cul-de-sac. The main level features a beautifully remodeled kitchen and bathroom, generous living room, two bedrooms, and a large deck. The lower level offers a spacious rec room, two additional bedrooms, a full bath, bonus room, and ample storage. Enjoy a partially fenced lot with a backyard patio and

    Christian Anderson John L. Scott, Inc.

    3240 90th Place SE, Mercer Island, WA 98040
  • /40

    $15,000 Per Month

    • 4 Beds
    • 3.5 Baths
    • 3,900 Sq Ft
    • House for Rent

    8428 N Mercer Way, Mercer Island, WA 98040

    The epitome of waterfront living on Mercer Island's tranquil north shore. This rare rambler-style beach house offers a serene retreat with 4 bedrooms, including a primary suite boasting stunning views & 5-piece bath. The 85ft of private low-bank waterfront & sandy beach provide the perfect escape. Luther Burbank Park borders the west side, enhancing the natural beauty of the surroundings. Private

    Martin Ho Berkshire Hathaway HS NW

    8428 N Mercer Way, Mercer Island, WA 98040
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    $6,400 Per Month

    • 3 Beds
    • 3 Baths
    • 2,800 Sq Ft
    • House for Rent

    7795 80th Place SE, Mercer Island, WA 98040

    Elegant 2800 SF Buchan home in The Lakes for Rent. Grand entry/foyer w/ sky-high vaulted ceilings. New carpet, new floors, new paint (interior and deck). Beautiful wood-paneled den. Sunken living room with cathedral ceilings & wood beams. Formal dining w/ huge picture window into backyard. Kitchen Stainless Steel Appliances, Cook Island, desk & intercom. Family room off kitchen w/ fireplace.

    Cal Mitchell AgencyOne

    7795 80th Place SE, Mercer Island, WA 98040

Why Live in Mercer Island

Mercer Island, WA, located in the center of scenic Lake Washington, is a well-established city with a population of around 26,000. Known for its welcoming, family-oriented neighborhoods, Mercer Island offers metropolitan life within a leisurely island community. The city boasts nearly 500 acres of public parks and recreation areas, including Aubrey Davis Park with athletic facilities and views of the Seattle skyline, and Luther Burbank Park featuring boat landings and sandy beaches. The I-90 Trail spans 10 miles along the interstate, providing bike access to Seattle and Bellevue. Downtown Mercer Island features colorful modern architecture, fitness studios, coffee shops, bookstores, sculptures along the trail system, and several galleries that are part of the city's monthly art walk. Dining options include upscale Italian restaurants, cafes, and Asian eateries. Mercer Island School District is highly rated, serving about 4,000 students, with Mercer Island High School boasting an average SAT score of 1390. The city has a low crime risk compared to the national average, with violent crime rates substantially lower. Mercer Island offers stylish midcentury architecture and traditional waterfront homes, with properties in coastal neighborhoods like Island Point and Groveland reaching up to 5,000 square feet. Modest ranch-style homes are found in walkable neighborhoods closer to the city center. The city is conveniently located near major tech companies such as Amazon, Boeing, and Microsoft, and has access to King County Metro and Sound Transit bus systems. Downtown Seattle is about 7 miles west on I-90, and Seattle-Tacoma International Airport is roughly 17 miles south.

Frequently Asked Questions

How much does it cost to rent a home in Mercer Island, WA?
The median rent for a home in Mercer Island, WA is $5,800 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.
What neighborhoods in Mercer Island, WA are best for renting a home?
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 home include North Mercer, Downtown Mercer Island, Mount Baker, Columbia City and Southwest Bellevue, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
18
Median Rent
$5,800
Median Single Family Home Rent
$6,000
Median Townhouse Rent
$4,500
Median Condo Rent
$2,100
How to Rent a Home