Apex, NC

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Apex short-term rental market based on reliable data.

Listings

69 / 136

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$41,718

Middle-Earners Revenue

Occupancy

74%

Middle-Earners Occupancy

Home Value

$594,507

Median Home Sale Price

Top Earners

$68,742

Top-Earners Revenue

Apex

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Apex.

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B

Generally Investor friendly

Apex Regulations

STRs appear allowed citywide with no caps or special zoning restrictions, but investors must obtain a modest Home Occupation Permit ($50) and comply with standard state taxes, HOA rules, and home occupation limits (signage, employees, floor‑area cap), which add a moderate compliance step. Enforcement seems standard, and no explicit prohibition on paying guests exists, making Apex friendly for investors while requiring basic due diligence.

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About Apex

Apex () is a town in Wake County, North Carolina, United States. At its southern border, Apex encompasses the community of Friendship. In 1994, the downtown area was designated a historic district, and the Apex train depot, built in 1867, is designated a Wake County landmark. The depot location marks the highest point on the old Chatham Railroad, hence the town's name. The town motto is "The Peak of Good Living". In the late 19th century, a small community developed around the railroad station. The forests were cleared for farmland, much of which was dedicated to tobacco farming. Since Apex was near the state capital, it became a trading center. The railroad shipped products such as lumber, tar, and tobacco. The town was officially incorporated in 1873. By 1900, the town had a population of 349. As of the 2020 census, its population was 58,780.The population boom occurred primarily in the late 1990s. The Research Triangle Park, established in the 1960s, created strong demand for technology workers. This also drove population growth. Apex is currently the 18th-largest municipality in North Carolina.

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