Rental market snapshot for Mercer Island, Washington
Mercer Island, Washington Rental Property Market Overview
Mercer Island, Washington is a city located in King County, Washington. According to the US Census, the population of Mercer Island in 2021 is 25,442. The city is located on an island in the middle of Lake Washington, and is connected to the mainland by two bridges. Mercer Island is known for its high quality of life, with excellent schools, parks, and recreational activities. It is also home to a variety of businesses, restaurants, and shops.
The average rent for an apartment in Mercer Island is $2,807. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has increased by 1.4% over the past year.
Last Updated April 22, 2023
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Average monthly rent graph in Mercer Island Washington | Cost of Living
- The most expensive ZIP code in Mercer Island is 98040 with an average price of $2,450
- The cheapest ZIP code in Mercer Island is 98040 with an average price of $2,378
Mercer Island ZIP codes with the highest, most expensive rent
| # | ZIP Code | Average Rent |
|---|---|---|
| 1 | 98040 | $2,450 |
Live near Mercer Island, Washington's Top Sights and Attractions
Aubrey Davis Park Park On The Lid is a unique attraction located on Mercer Island, Washington. It is a park that is built on top of a sewer lid, offering visitors a unique view of the surrounding area. The park features a playground, picnic tables, and a walking path that winds around the lid. The park also has a large grassy area, perfect for picnics and outdoor activities. The park is a great place to take in the views of the surrounding area, and is a popular spot for locals and visitors alike.
Luther Burbank Park is a picturesque waterfront park located on the shores of Lake Washington. The park features lush green grass, a beach, and a playground for children. Visitors can enjoy a variety of activities such as swimming, fishing, kayaking, and picnicking. The park also has a walking path that winds through the trees and offers stunning views of the lake. There is also a boat launch and a dock for visitors to use.
Homestead Park is a picturesque park located on the shores of a large lake. It features a variety of outdoor activities, including a playground, picnic areas, walking trails, and a boat launch. The park also offers stunning views of the lake and surrounding area, making it a great spot for a relaxing day outdoors. There are also plenty of benches and tables for visitors to enjoy a picnic or just take in the scenery.
Groveland Beach is a picturesque spot located on the shores of a large lake. It features a wide sandy beach, perfect for sunbathing and swimming, as well as a large grassy area for picnics and outdoor activities. There is also a playground and a dock for fishing and boating. The beach is surrounded by lush trees and shrubs, providing a peaceful and tranquil atmosphere. Visitors can also enjoy stunning views of the lake and the surrounding mountains.
Pioneer Park is a picturesque park located on the shores of a large lake. It features a variety of outdoor activities, including a playground, picnic areas, and a boat launch. There are also several trails that wind through the park, offering stunning views of the lake and surrounding area. The park also has a beach area, perfect for swimming and sunbathing. In addition, the park is home to a variety of wildlife, including birds, deer, and other animals.
Bicentennial Park is a beautiful outdoor space located on the shores of Lake Washington. It features a large grassy area, a playground, a beach, and a dock. There are also plenty of picnic tables and benches to relax and enjoy the view. The park is a popular spot for fishing, boating, swimming, and other water activities. The park is also home to a variety of wildlife, including ducks, geese, and other birds. Visitors can also take in the stunning views of the Cascade Mountains and the Seattle skyline.
Mercer Island Park is a beautiful outdoor destination located on an island in the middle of a large body of water. It features a variety of recreational activities, including swimming, fishing, boating, and hiking. The park is home to a variety of wildlife, including bald eagles, ospreys, and herons. There are several picnic areas, playgrounds, and a beach for visitors to enjoy. The park also offers stunning views of the surrounding area, including the nearby mountains and the city skyline.
Deanes Childrens Park is a family-friendly outdoor park located on the shores of a beautiful lake. It features a large playground with swings, slides, and climbing structures, as well as a picnic area with tables and grills. There is also a beach area with sand and a dock for fishing, and a walking path that winds around the lake. The park is a great place to spend a day with the family, and is a popular spot for locals and visitors alike.
Calkins Landing is a picturesque waterfront park located on the shores of a large lake. Visitors can enjoy stunning views of the lake and the surrounding mountains, as well as a variety of recreational activities. The park features a boat launch, picnic areas, a playground, and a beach. There are also trails for walking, running, and biking, as well as a fishing pier. The park is a great place to spend a day outdoors, enjoying the beauty of nature.
The Washington State Ski & Snowboard Museum is a unique attraction located on Mercer Island, Washington. It is dedicated to preserving the history of skiing and snowboarding in the state. Visitors can explore the museum's collection of artifacts, photographs, and memorabilia that tell the story of the sport in Washington. The museum also features interactive exhibits, educational programs, and special events. Whether you are a skier or snowboarder, the museum is a great place to learn about the sport and its history in the state.
Mercer Island, Washington area median rent change by ZIP code map
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How does Mercer Island compare to other cities in Washington ?
| city | median price |
|---|---|
| Arlington | $2,554 |
| Milton | $2,900 |
| Poulsbo | $2,395 |
| Spokane Valley | $1,600 |
| West Richland | $1,650 |
| Orting | $2,570 |
| Newcastle | $2,315 |
| Lakewood | $1,970 |
| Kirkland | $2,550 |
| Shoreline | $2,130 |
Average household income in Mercer Island area graph - US Census
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The median household income in Mercer Island in 2021 was $170,000. This represents a 37.8% change from 2011 when the median was $123,328.
| # | category | percent |
|---|---|---|
| 0 | Less than $10,000 | 2.7% |
| 1 | $10,000 to $14,999 | 1.4% |
| 2 | $15,000 to $19,999 | 2.5% |
| 3 | $20,000 to $24,999 | 1.3% |
| 4 | $25,000 to $29,999 | 4.7% |
| 5 | $30,000 to $34,999 | 1.4% |
| 6 | $35,000 to $39,999 | 1.6% |
| 7 | $40,000 to $44,999 | 2.0% |
| 8 | $45,000 to $49,999 | 0.9% |
| 9 | $50,000 to $59,999 | 4.3% |
| 10 | $60,000 to $74,999 | 4.4% |
| 11 | $75,000 to $99,999 | 6.9% |
| 12 | $100,000 to $124,999 | 9.7% |
| 13 | $125,000 to $149,999 | 5.9% |
| 14 | $150,000 to $199,999 | 8.8% |
| 15 | $200,000 or more | 41.4% |
