Rents are 7% below what Apex's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,026 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: August 17, 2026
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Who lives here
Apex, NC is majority owner-occupied, has a large share of families with children, has a median income above the national average, 69.5% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Apex, NC has changed in 5 years
Across the past five years, the going rent in Apex, NC has shifted from $1,621 to $2,026, up 25.0% since 2021. Household income in the area moved from $121,313 to $144,135 across the same window, up 18.8% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Apex, NC adding about 12,564 residents over the five-year window, up 21.6% on net. The renter share has eased from 26.1% to 23.5%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 64.4% to 69.5% across the same window. Reading these numbers side by side helps frame whether current listings in Apex, NC look reasonable against where the market sat half a decade ago.
Discussions about Apex
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Can you afford rent in Apex on your salary?
At $2,026/mo, how Apex rent compares to typical pay (30% rule).
Apex rent by bedroom count
Median rent for each apartment size in Apex. Click any size for full breakdown.
Tips for renters in Apex
Last updated: August 17, 2026
The median rent in Apex is $2,026/mo as of August 2026. A studio apartment averages $1,827/mo while a 2-bedroom runs $2,107/mo. One-bedroom apartments average $1,897/mo and 3-bedroom units go for $2,620/mo.
At 17% of local median household income ($144,135/yr), Apex ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.5% over the past year.
Frequently asked questions
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How does Apex rent compare to other cities in North Carolina?
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What percentage of Apex residents rent vs. own?
How does Apex rent compare to the national average?
At $2,026/mo, rent takes ~17% of Apex's median household income ($144,135/yr). The standard benchmark is 30%.
How does this area stack up?
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Estimated from ZIP-level data
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