The Mercer Apartment Homes
7650 SE 27th St,
Mercer Island, WA 98040
$1,815 - $3,765 Total Monthly Price
Studio - 2 Beds
Residents living on Mercer Island consider the neighborhood absolute paradise – and they’re 100% correct! Downtown Mercer Island’s cityscape is ever-evolving with the addition of new markets, restaurants, and shops at Town Center.
Island restaurants locals can’t get enough of include Freshy’s Seafood Shack and Pagliacci Pizza. Healthy and organic grocery stores are popping up all over the community, next to established bookstores, coffee shops, and chocolatiers.
In the summer months, residents gather at the Mercer Island Farmers Market for fresh seasonal flowers and baked goods. The island beaches sure are fun, but they pack quickly on weekends.
When it comes to work commutes into Bellevue or Seattle, residents are comforted by direct access to Interstate 90 and the park-and-ride bus station. It’s a highly desirable area for families, flanked with sculpture gardens and parks near Downtown Mercer Island apartments!
As of April 2026, the average apartment rent in Downtown Mercer Island is $2,193 for a studio, $2,684 for one bedroom, $3,625 for two bedrooms, and $5,103 for three bedrooms. Apartment rent in Downtown Mercer Island has increased by 0.0% in the past year.
Studio
605 sq ft
Average Sq Ft
$2,193/month
Average Rent
1 BR
784 sq ft
Average Sq Ft
$2,684/month
Average Rent
2 BR
1,192 sq ft
Average Sq Ft
$3,625/month
Average Rent
3 BR
1,512 sq ft
Average Sq Ft
$5,103/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Downtown Mercer Island - Mercer Island, WA is for everyday living.
Moderately Walkable
Walkability
Limited Public Transit
Transit
Exceptionally Drivable
Drivability
Fairly Bikeable
Bikeability
Downtown Mercer Island - Mercer Island, WA offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 5 Minute Walk
Groceries
Good Restaurant Variety Nearby
Restaurants
Good Café Variety Nearby
Cafes
Limited Variety of Shops Nearby
Shopping
Downtown Mercer Island - Mercer Island, WA provides green space and wellness resources in certain areas.
Very Large Amount of Park Space Nearby
Parks
Good Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in Downtown Mercer Island - Mercer Island, WA from everyday activity to noise and nightlife.
Mostly Calm Atmosphere
Vibrancy
Fair Nightlife Variety Nearby
Nightlife
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.