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ZIP Code · NC

ZIP 27523

Part of Apex, NC
Pop. 20,269·Wake County·41st most expensive ZIP in North Carolina
Median rent (all units)
$1,951/mo
Year-over-Year
+6.2%
Month-over-Month
-1.7%
vs US Median
-$14
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 27523 · $1,951
More expensive than 58% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,820
1 BR
$1,920
2 BR
$2,110
3 BR
$2,640
4 BR+
$3,470
Research median
$2,110/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$23,412/yr
At $1,951/mo median
Location
CityApex
StateNC
CountyWake County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (6.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+6.2% YoY, -1.7% MoM), not inventory.
Demographics

Who lives here

ZIP 27523 (Apex, NC) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 70.4% of residents hold a bachelor's degree or higher.

Population
20,269
Median income
$135,625
Median age
39.1
Renters
27.7%
Age distribution
26.2%
16.5%
30.9%
15.8%
Under 1826.2%
18–3416.5%
35–5430.9%
55–6410.7%
65+15.8%
Gender
49.3%
50.7%
Male49.3%
Female50.7%
Race & ethnicity
54.5%
30.9%
White54.5%
Black5%
Hispanic5.6%
Asian30.9%
Other4%
Education (25+)
19.2%
70.4%
No HS diploma1.8%
HS diploma8.6%
Some college19.2%
Bachelor's+70.4%
Housing tenure
72.3%
27.7%
Owner72.3%
Renter27.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 27523 in Apex, NC has changed in 5 years

Rent
$1,601 → $1,951
up 21.9%
Income
$108,025 → $135,625
up 25.5%
Population
14,777 → 20,269
up 37.2%
Renter share
30% → 27.7%
-2.3 pts
Bachelor's+
67.2% → 70.4%
+3.2 pts
Median age
38.2 → 39.1
+0.9 yrs

Compared with 2021, rent in ZIP 27523 in Apex, NC has increased by $350 per month, settling near $1,951 after starting the period at $1,601. Local incomes tracked alongside that move, going from a median of $108,025 in 2021 to $135,625 more recently. Income growth outran rent by about 3.6 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 14,777 to 20,269 between 2021 and 2024, a 37.2% change. About 27.7% of households rent today, against 30% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 67.2% to 70.4%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 27523 in Apex, NC market of 2021.

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Local insights

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About renting in ZIP 27523

Last updated: July 20, 2026

ZIP code 27523 covers Apex, NC. The median rent here is $1,951/mo as of July 2026. A 1-bedroom rents for a median of $1,920/mo. A 2-bedroom rents for a median of $2,110/mo.

At 17% of local median household income ($135,625/yr), ZIP 27523 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 27523?

As of July 20, 2026, the median monthly rent in ZIP 27523 (Apex, NC) is $1,951. This is based on aggregated data from public sources and community submissions.

How does ZIP 27523 rent compare to the US average?

ZIP 27523's median rent of $1,951/mo is $14 (1%) below the US national median of $1,965/mo.

How does ZIP 27523 compare to other ZIPs in North Carolina?

ZIP 27523 is one of the pricier ZIP codes in North Carolina, ranking #41 out of 227 ZIPs tracked at $1,951/mo.

How much income do you need to rent in ZIP 27523?

To keep rent at or below 30% of gross income, you would need to earn at least $78,000/year (~$38/hour full-time) to afford the median rent of $1,951/mo in ZIP 27523. The local median household income is $135,625/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 27523?

Rent in ZIP 27523 has increased 6.2% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 27523 an affordable place to rent?

ZIP 27523 is considered very affordable for renters. At $1,951/mo, rent takes approximately 17% of the local median household income ($135,625/yr). The standard benchmark is 30%. ZIP 27523 falls comfortably within that range.

What percentage of ZIP 27523 residents rent vs. own?

According to Census data, approximately 27.7% of ZIP 27523 households are renters, while 72.3% are owner-occupied. ZIP 27523 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 27523 compare to the rest of Apex?

ZIP 27523 is more affordable than Apex overall. At $1,951/mo, it's $66 below the Apex citywide median of $2,017/mo.

When was rent data for ZIP 27523 last updated?

Rent data for ZIP 27523 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
17%
VERY AFFORDABLE

At $1,951/mo, rent takes ~17% of ZIP 27523's median household income ($135,625/yr). The standard benchmark is 30%.

ZIP 27523 17%Benchmark 30%
State income tax4.5%
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Schools nearby

Public schools near ZIP 27523 (Apex, NC)

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