Average Rent in Apex, NC (2026)

Typical asking rent in Apex is $1,878. Across the 3 ZIP codes with data it runs from $1,729 to $2,082, so which side of town you buy on matters as much as the city average. Data as of September 2026.

Median rent
$1,878
Average rent
$1,896
Lowest ZIP
$1,729
Highest ZIP
$2,082

Rent by ZIP code in Apex

ZIP codeCountyTypical rentvs city median
27502Wake County$2,082+11%
27523Wake County$1,8780%
27539Wake County$1,729-8%

Rent by bedroom count in Apex

Zillow's index above blends every unit size into one number. For a bedroom level view, these are HUD's FY2027 Fair Market Rents for Wake County. They include utilities and sit near the 40th percentile of the market, so treat them as the low side of what a typical unit lists for. Wake County uses Small Area FMRs, and the two bedroom figure runs from $1,990 to $2,060 depending on the Apex ZIP code.

Unit sizeFY2027 Fair Market RentChange from FY2026
Studio$1,489-2.3%
1 bedroom$1,552-2.8%
2 bedroom$1,689-3.5%
3 bedroom$2,103-4.2%
4 bedroom$2,823-3.8%

Source: HUD Fair Market Rents. Updates when HUD publishes a new fiscal year.

Is rent going up or down in Apex?

Typical rent across Wake County is $1,659 as of September 2026. That is up 1.7% from a year earlier and up 11.8% over five years.

YearTypical rent, Wake CountyChange
2021$1,537+17.0%
2022$1,636+6.4%
2023$1,644+0.5%
2024$1,648+0.2%
2025$1,631-1.0%
2026 (through September)$1,659+1.7%

Zillow Observed Rent Index for the county, all home types, last published month of each year. Each row is compared with the end of the year before it.

Apex rent questions

What is the average rent in Apex, NC?
Typical asking rent in Apex is $1,878 a month as of September 2026, across 3 ZIP codes. By ZIP code it runs from $1,729 to $2,082.
How much is rent for a 2 bedroom in Apex?
HUD's FY2027 Fair Market Rent for a two bedroom in Wake County is $1,689 a month including utilities. A one bedroom is $1,552 and a three bedroom is $2,103. Fair Market Rent is set near the 40th percentile, so a typical unit lists somewhat higher.
Is rent going up or down in Apex?
Rent is rising. Typical rent in Wake County is $1,659 as of September 2026, up 1.7% from a year earlier.
What is the cheapest ZIP code to rent in Apex?
ZIP 27539 has the lowest typical asking rent in Apex at $1,729 a month, compared with $1,878 for the city overall.
How much income do you need to rent in Apex?
Most landlords look for gross income of about three times the rent. At the typical Apex rent of $1,878, that is about $5,634 a month, or $67,608 a year. This is a common screening rule of thumb, and individual landlords set their own.

How to use these numbers

These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.

If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Apex sits in the Raleigh-Cary, NC metro area.

Other North Carolina cities

Would a rental in Apex cash flow?

Start the analyzer with the Apex median rent of $1,878 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.