The Ballast on Salem
1821 Chatham Flats Dr,
Apex, NC 27502
1-3 Beds | $1,495 - $2,960
Rental Market Trends in Apex, NC
What is the average rent in Apex, NC?
$1,431/month
Average Rent
803 Sq Ft
Average Apartment Size
-1.7%
Decrease in the Last Year
As of July 2025, the average rent in Apex, NC is $1,431 per month. For comparison, the national average rent price in the US is currently $1,637/month, which means Apex rent prices are 13% lower than the national average. When you rent an apartment in Apex, you can expect to pay about $1,424 per month for a studio, $1,431 for a one-bedroom apartment, and around $1,689 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,173 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Apex, NC?
In the past year, rent has decreased by 1.7%, which averages out to $23 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024
2025
Rent Ranges in Apex, NC
Last Updated July 2025
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
5%
$700 - $1,000/month
25%
$1,001 - $1,500/month
60%
$1,501 - $2,000/month
10%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Apex?
Based on current rent prices, Turners Village, Newbury Park and Walden Woods are the most affordable neighborhoods in Apex.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Apex?
Based on current rent prices, The Villages of Apex, Brookfield and Cary Crossroads/Apex are the most expensive neighborhoods in Apex.
Neighborhood
Average Rent
Average Sq Ft
Which Apex neighborhoods have the most rentals available?
The neighborhoods in Apex with the most apartments available are South Cary/Apex, Cary Crossroads/Apex and Turners Village .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Apex, NC?
Because the average rent in Apex is $1,431, you’ll want to make about $4,770 per month or $57,240 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Apex, NC compare to other nearby cities and neighborhoods?
Use the tool below to compare Apex, NC to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.
* Percentages may not total 100 due to rounding.