States › North Carolina › Apex

Is Apex, NC expensive to live in?

CheapRent takes 17 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,22327% higher than U.S. average
💵 Families earn per year (2026)$155,450about $12,954/month · 79% higher than U.S. average
🔑 House price$576,10073% higher than U.S. average

Rent is higher than in 77% of U.S. cities. Household incomes are higher than in 91% of U.S. cities. A typical house costs about 3.7 years of household income. Most homes (76.5%) are owned, so rentals can be hard to find. It is a highly educated city: 69.5% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $88,920 a year. That is $43 an hour at a full-time job.

Is rent cheaper than other North Carolina cities?

No. Rent here is more expensive than in most of North Carolina. It is number 149 of 164 cities from cheapest to most expensive.

Apex
$2,223
$1,453

How much do households earn in Apex?

Under $25k
3.5%
$25k–50k
10.3%
$50k–100k
28.7%
$100k–150k
25.3%
$150k+
30.9%

Share of households by yearly income. 56.2% of households earn $100,000 or more.

Rent by apartment size in Apex

SizeApexU.S. average
1 bedroom$1,708$1,324
2 bedrooms$1,895$1,509
3 bedrooms$2,165$1,698
4 bedrooms$2,817$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Apex overall?

Everyday prices in North Carolina overall are 6% below the U.S. average (index 94.3, U.S. = 100).

Housing
81
Goods (food, clothes…)
97
Utilities
89
Other services
98
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Apex, so the North Carolina figure is shown.

Taxes and bills in Apex

🏛️ Property tax$4,001a year · 0.69% of home value · U.S. $3,119
⚡ Electric bill$145a month (typical) · U.S. $156

Life in Apex

Commute to work25.2 minU.S.: 26.4 min
College degree69.5%U.S.: 35.7%
Own their home76.5%U.S.: 65.2%
Below poverty line2.2%U.S.: 12.5%
Unemployment3.8%U.S.: 5.2%

Is it cheaper to rent or buy in Apex?

Renting is cheaper right now: about $1,774 a month less.

Renting
$2,223
Owning
$3,997

Owning assumes a typical $576,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $57,610 for the down payment.

Frequently asked questions

What is the average rent in Apex, NC?

Renting in Apex costs a median of about $2,223 a month in 2026, including utilities. The North Carolina median is $1,496.

How much do I need to make to live in Apex?

To keep rent under 30% of income, you need about $88,920 a year, or $43 an hour at a full-time job.

Is Apex cheap or expensive?

Apex is rated Cheap: rent takes 17.2% of the typical household income of $155,450. It ranks 149th cheapest of 164 North Carolina cities we track.

How much are property taxes in Apex?

The median homeowner in Apex pays $4,001 a year in property taxes, about 0.69% of the median home value.

Is Apex more expensive than the national average?

Overall prices in North Carolina are 6% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Apex?

The median home value in Apex is $576,100, about 3.7 times the typical yearly household income.

70,630 people live in Apex. Numbers are typical (middle) values.