Mercer Island, WA Rent History
101 months of data, 2018–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-06)
$2,654
1-year change
-0.5%
$-14/mo
5-year change
+26.0%
$547/mo
Monthly rent trend
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Year-by-year rent in Mercer Island
| Year | Median rent | YoY change | vs 2018 |
|---|---|---|---|
| 2018 | $1,914/mo | — | 0.0% |
| 2019 | $1,955/mo | +2.1% | +2.1% |
| 2020 | $2,046/mo | +4.7% | +6.9% |
| 2021 | $2,046/mo | 0.0% | +6.9% |
| 2022 | $2,314/mo | +13.1% | +20.9% |
| 2023 | $2,375/mo | +2.6% | +24.1% |
| 2024 | $2,502/mo | +5.3% | +30.7% |
| 2025 | $2,664/mo | +6.5% | +39.2% |
| 2026 | $2,613/mo | -1.9% | +36.5% |
Frequently asked questions
How much has rent in Mercer Island changed since 2018?
Median rent in Mercer Island, WA was $1,918 in 2018-02 and is $2,654 as of 2026-06 — a change of $736 per month over 8 years.
How much has Mercer Island rent increased in the last 5 years?
Over the past 5 years, median rent in Mercer Island, WA has changed +26.0% ($547 per month). The current median is $2,654.
Is rent in Mercer Island going up or down year over year?
Year over year, median rent in Mercer Island, WA has decreased -0.5% ($-14/mo). Current median: $2,654.