How many renters in Apex, NC pay more than 30% of their income on rent?

44.2% (±6.6 points) of renting households in Apex, NC spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

33.3% spend 35% or more.

The median renting household spends 27.3% of its income on rent.

Figures last updated on .

Paying 30% or more
44.2% (±6.6 points)
Paying 35% or more
33.3% (±5.6 points)
Median share of income
27.3% (±2.1 points)

Rent as a share of income in Apex

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentApexWake CountyNorth CarolinaUnited States
Less than 15%14.9% (±4.2 points)13.4%14.1%12.6%
15% to 19.9%15.5% (±4.2 points)13.0%12.6%12.2%
20% to 24.9%14.8% (±3.7 points)13.7%13.2%12.6%
25% to 29.9%10.6% (±3.3 points)11.6%11.3%11.5%
30% to 34.9%10.9% (±3.5 points)10.1%9.3%9.2%
35% or more33.3% (±5.6 points)38.1%39.6%41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Apex against Wake County, its state and the nation

Estimate (90% margin of error)
ApexWake CountyNorth CarolinaUnited States
Paying 30% or more44.2% (±6.6 points)48.2% (±1.6 points)48.9% (±0.6 points)51.1%
Paying 35% or more33.3% (±5.6 points)38.1% (±1.4 points)39.6% (±0.5 points)41.9%
Median share of income27.3% (±2.1 points)29.3% (±0.5 points)29.5% (±0.2 points)30.6%
Median renter household income$86,308 (±$15,012)$65,172 (±$1,743)$48,010 (±$418)$52,966
Median gross rent$1,902 (±$59)$1,623 (±$16)$1,228 (±$5)$1,413

In Apex, the share of renters paying 30% or more of income is not measurably different from Wake County (48.2%).

It is not measurably different from North Carolina (48.9%).

It is lower than the national figure (51.1%).

In Wake County, Apex ranks 9 of 12 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 397 of 650.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Apex

Nearest places with a published estimate, compared with Apex
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Apex—44.2% (±6.6 points)—
Cary5.0 mi38.2% (±3.7 points)Not measurably different
Holly Springs5.5 mi48.9% (±9.6 points)Not measurably different
Morrisville8.0 mi24.8% (±5.5 points)Lower
Fuquay-Varina11 mi40.9% (±10.2 points)Not measurably different
Governors Village12 mi32.2% (±22.9 points)Not measurably different
Fearrington Village12 mi88.6% (±28.9 points)Higher
Governors Club12 mi0.0% (±102.2 points)Not measurably different
Moncure13 mi0.0% (±65.2 points)Not measurably different

Nearby places with a measurably lower figure: Morrisville, NC (24.8%).

Nearby places with a measurably higher figure: Fearrington Village, NC (88.6%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Wake County, place by place

RankPlaceRenters paying 30% or more of income
3Rolesville53.8% (±44.8 points)
4Garner53.3% (±11.2 points)
5Raleigh52.1% (±2.3 points)
6Holly Springs48.9% (±9.6 points)
7Wake Forest46.3% (±9.1 points)
8Knightdale44.6% (±11.7 points)
9Apex44.2% (±6.6 points)
10Fuquay-Varina40.9% (±10.2 points)
11Cary38.2% (±3.7 points)
12Morrisville24.8% (±5.5 points)

Showing 10 of 12 places in Wake County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

What you can do on Seayora in Apex

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Apex, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Apex beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Apex, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Apex

Are renters in Apex rent-burdened?

44.2% of renting households in Apex pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Apex spend on rent?

The median renting household in Apex, NC spends 27.3% (±2.1 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Apex town, North Carolina (place:01520, in state:37).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related