Apex, NC Rental Market Trends
Last updated: April 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Apex is $1,638, a 1.56% decrease compared to the previous year, when the average rent was $1,664.
One-bedroom apartments provide 804 square feet for $1,405, balancing privacy and affordability.
Two-beedroom units at $1,702 offer 1,133 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,459 sq ft) for $2,102, suitable for larger households.
Average rent in Apex, NC
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,638 | 1,046 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,405 | 804 sq. ft. |
| 2 Beds | $1,702 | 1,133 sq. ft. |
| 3 Beds | $2,102 | 1,459 sq. ft. |
Apex, NC rent trends
Rental prices in Apex, NC have decreased by 1.56% over the past year. The average rent moved from $1,664 to $1,638.
What's the typical rent budget in Apex, NC?
The largest share of rentals in Apex, NC (45%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Apex, NC?
5,886 or 25% of the households in Apex, NC are renter-occupied while 17,987 or 75% are owner-occupied.
How Apex Compares to Other Cities
| City | Average Rent |
|---|---|
| Apex | $1,638 |
| Charlotte | $1,659 |
| Raleigh | $1,560 |
| Fayetteville | $1,284 |
| Winston - Salem | $1,280 |
| Durham | $1,527 |
| Greensboro | $1,329 |
| Hickory | $1,452 |
| Concord | $1,533 |
| Asheville | $1,660 |
| Wilmington | $1,635 |
| Cary | $1,611 |
| Clayton | $1,579 |
| Wake Forest | $1,606 |
| Chapel Hill, NC | $1,730 |
| Morrisville, NC | $1,641 |
| Fuquay Varina, NC | $1,635 |
| Garner, NC | $1,422 |
| Knightdale, NC | $1,559 |
| Sanford, NC | $1,291 |
| Holly Springs, NC | $1,705 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Apex apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.