What is the rental vacancy rate in Mercer Island, WA?

The rental vacancy rate in Mercer Island, WA is 4.1% (±3.1 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.7% (±0.9 points).

541 (±197) homes, 5.1% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Mercer Island, the rental vacancy rate went from 7.9% in 2015–2019 to 4.1% in 2020–2024 (−3.8 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
4.1% (±3.1 points)
Homeowner vacancy rate
0.7% (±0.9 points)
Vacant homes
541 (±197)

Vacancy in Mercer Island against King County, its state and the nation

Estimate (90% margin of error)
Mercer IslandKing CountyWashingtonUnited States
Rental vacancy rate4.1% (±3.1 points)5.3% (±0.4 points)4.5% (±0.2 points)5.5%
Homeowner vacancy rate0.7% (±0.9 points)0.7% (±0.1 points)0.7% (±0.1 points)0.9%
Vacant housing units541 (±197)62,230 (±2,619)241,800 (±5,686)14,547,859

The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.

In Mercer Island, the rental vacancy rate is not measurably different from King County (5.3%).

It is not measurably different from Washington (4.5%).

It is not measurably different from the national figure (5.5%).

Rental vacancy rate in places near Mercer Island

Nearest places with a published estimate, compared with Mercer Island
PlaceDistanceRental vacancy rateCompared with this place
Mercer Island—4.1% (±3.1 points)—
Beaux Arts Village2.0 mi11.1% (±30.7 points)Not measurably different
Newcastle3.8 mi4.7% (±5.3 points)Not measurably different
Bellevue4.2 mi6.2% (±1.4 points)Not measurably different
Medina4.4 mi9.6% (±10.9 points)Not measurably different
Clyde Hill4.6 mi0.0% (±26.5 points)Not measurably different
Bryn Mawr-Skyway4.8 mi9.3% (±4.6 points)Not measurably different
Boulevard Park5.2 mi8.9% (±9.9 points)Not measurably different
Hunts Point5.5 mi0.0% (±100.0 points)Not measurably different

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Rental vacancy rate across King County, place by place

RankPlaceRental vacancy rate
21 (tie)Newcastle4.7% (±5.3 points)
23Renton4.6% (±1.5 points)
24Kirkland4.5% (±1.6 points)
25 (tie)Federal Way4.4% (±1.7 points)
25 (tie)SeaTac4.4% (±2.5 points)
27Redmond4.2% (±1.9 points)
28Mercer Island4.1% (±3.1 points)
29Auburn4.0% (±1.9 points)
30Issaquah3.7% (±2.1 points)
31Kenmore2.2% (±3.0 points)
32Sammamish2.1% (±2.3 points)
33Tukwila1.9% (±1.5 points)
34Lakeland South1.7% (±2.7 points)

Showing 13 of 59 places in King County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Mercer Island

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Mercer Island, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Mercer Island beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Mercer Island, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Mercer Island

Is it hard to find a rental in Mercer Island?

The rental vacancy rate in Mercer Island, WA is 4.1% (±3.1 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.

Is the rental market in Mercer Island tighter than it was?

In Mercer Island, the rental vacancy rate went from 7.9% in 2015–2019 to 4.1% in 2020–2024 (−3.8 percentage points), not a measurable change.

How many homes are vacant in Mercer Island?

An estimated 541 (±197) housing units, 5.1% of the total, including seasonal homes and homes waiting to be sold or rented.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Mercer Island city, Washington (place:45005, in state:53).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related