Apartments in The Lakes Mercer Island

1 - 30 of 699 Results
22
3D Tour
$1,656 - 2,266
422 Yale Ave N Seattle, WA
Studio - 1 BR | Mar. 24, 2025
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
8
$1,650
Seattle, WA
Studio | Apr. 10, 2025
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Surface Parking
Storage
1
$1,600 - 2,295
Seattle, WA
Studio - 1 BR | Mar. 14, 2025
Contact
Dog Friendly
Cat Friendly
Luxury
Balcony/Deck/Patio
Storage
1
$1,465 - 1,495
1027 Bellevue Ct E Seattle, WA
1 BR | Available Now
Contact
Cat Friendly
The Lakes
1
$1,499 - 1,699
1011 Belmont Ave Seattle, WA
1 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Storage
Disability Access
30
$2,445
Seattle, WA
2 BR | Available Now
Contact
Heat Included
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
44
$1,695 - 2,795
Seattle, WA
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
The Lakes
63
$1,595 - 3,405
624 Yale Ave Seattle, WA
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Fitness Center
1
$2,295
763 Belmont Pl E Seattle, WA
1 BR | Apr. 2, 2025
Contact
The Lakes
1
$2,150 - 2,250
712 Summit Ave E Seattle, WA
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
30
$1,705 - 1,845
527 Eastlake Ave E Seattle, WA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
South Lake Union
1
$1,650
615 Summit Ave E Seattle, WA
1 BR | Available Now
Contact
Dishwasher
The Lakes
1
$1,595
401 E. Mercer St. MercerVista@northwestapartments.com Seattle, WA
1 BR | Mar. 15, 2025
Contact
Cat Friendly
Storage
Disability Access
Dishwasher
The Lakes
20
$2,225
Seattle, WA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
The Lakes
1
$1,750
Seattle, WA
1 BR | Available Now
Contact
Dishwasher
The Lakes
1
$1,295
515 Bellevue Ave E Seattle, WA
Studio | Available Now
Contact
Cat Friendly
Storage
Disability Access
The Lakes
1
$1,445
527 Summit Ave E Seattle, WA
1 BR | Available Now
Contact
The Lakes
13
$1,215 - 1,306
741 Harvard Ave E Seattle, WA
Studio | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Virtual Tour
In Unit Laundry
36
$1,981 - 3,995
1260 Republican St Seattle, WA
Studio - 2 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Luxury
Section 8
11
$1,545
433 Bellevue Ave E Seattle, WA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
The Lakes
9
$1,340 - 1,560
1210 Republican St Seattle, WA
Studio | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
South Lake Union
1
$1,300 - 1,390
1210 Republican St Seattle, WA
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
South Lake Union
11
$1,595 - 2,495
501 Summit Ave E Seattle, WA
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Storage
17
$1,545
Seattle, WA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
The Lakes
29
$1,350 - 2,095
740 Harvard Ave E Seattle, WA
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
The Lakes
12
$950
502 Minor Ave N Seattle, WA
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
South Lake Union
1
$1,250
Seattle, WA
Studio | Available Now
Contact
Disability Access
The Lakes
1
$1,050 - 1,495
605 Boylston Ave E Seattle, WA
Studio - 1 BR | Available Now
Contact
Cat Friendly
The Lakes
1
$1,595
426 Bellevue Ave E Seattle, WA
Studio | Mar. 31, 2025
Contact
The Lakes
1
$1,150 - 1,375
621 Harvard Ave Seattle, WA
Studio - 1 BR | Mar. 15, 2025
Contact
Storage
Disability Access
The Lakes
1 - 30 of 699 Results
  1. Home
  2. Seattle Area Apartments
  3. Mercer Island
  4. The Lakes

Mercer Island:
March Rent Report

Welcome to the March 2025 Mercer Island Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2025 key findings and figures for the Mercer Island rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Mercer Island and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Mercer Island average rent prices in the chart below.

Monthly Rent Report

$3,050
$2,290
$1,530
$760
$0
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
1 BR       2 BR

Mercer Island Rent Prices Decrease From February to March

Mercer Island rent prices decreased over the last month. From February to March, the city experienced a -0.36% decrease for the price of a one-bedroom apartment. The rent price for a Mercer Island one-bedroom apartments currently stands at $2,242.0.

When we take a look at the two-bedroom comparison from February to March, Mercer Island experienced a -0.9% decrease for the price of a two-bedroom apartment. The rent price for a Mercer Island two-bedroom apartments currently stands at $2,875.0.

March Prices: Mercer Island vs. Surrounding Areas

Rent Prices in Mercer Island and Surrounding Areas

Rent prices have decreased in Mercer Island over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Mercer Island suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Mercer Island suburbs

  • Rents did not decrease in any of the Mercer Island suburbs.

March 2025 Pricing Trends: Mercer Island vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,076
$3,129
$2,387
$2,328
$1,905
$1,262
$1,247
$1,197
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Mercer Island Rent Prices More Affordable Than Major Cities

Rent growth in Mercer Island over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Mercer Island average rent prices appear to be relatively affordable for local residents.

The price for a Mercer Island one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Mercer Island and surrounding area rent prices, take a look at the complete data set below.

Data set for Mercer Island and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.