Commercial Real Estate Market in Apex, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
100 active listings and 950 off-market properties in Apex, NC. Commercial property asks $506/SF to buy and $21.50/SF/Yr to lease.
Market Trends
Apex, NC spans 97.9 square miles in Wake County, North Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Apex, NC asks $309/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail vacancy in Apex, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Apex, NC runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Apex, NC asks $260/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 51.1%
- Planned_development 26.4%
- Industrial 10.1%
- Commercial 3.6%
- Open space 2.4%
- Civic 0.9%
- Mixed use 0.7%
Largest Zones share of zoned land by district
Planned Unit Development Conditional Zoning
Rural Residential
Residential Agriculture
Light Industrial
Medium Density Residential
Planned Unit Development Conditional Zoning (PUD-CZ)
Review PUD-CZ, TND-CZ, MEC-CZ, and SD-CZ rezonings; Master Subdivision Plans; and multi-family Site Plans. Review PUD-CZ, TND- CZ, MEC-CZ, and SD-CZ rezonings; Master Subdivision Plans; and multi-family Site Plans and make recommendations about whether the PD Plans, SD Plans, Master Subdivision Plans, or multi-family Site Plans comply with the appropriate re…
Market overview
Demographics & Economy
Apex, NC has 89,371 residents in 34,433 households. Density runs 913 people per square mile. Median household income here is $135,135 and median gross rent $1,788 a month.
89,371
Population
34,433
Households
2.6
Avg Household Size
37
Median Age
65%
College-Educated
97%
High-School Grad
97.9 sq mi
ZIP Area
913
Density / Sq Mi
$135,135
Median Household Income
$72,127
Median Earnings
$1,788
Median Rent
$510,854
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Cary | — | $28.86 |
| Holly Springs | — | — |
| Morrisville | — | $24.82 |
| New Hill | — | — |
Commercial property in Apex, NC asks $506/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Apex?
Commercial property in Apex, NC asks an average of $506 per square foot. The 5 most recent recorded sales traded at a median of $342/SF, so asking sits 48% above the achieved median. Office carries the highest asking price at $309/SF.
How much does it cost to lease commercial space in Apex?
Asking lease rates in Apex, NC average $21.50 per square foot per year.
Where does Realmo's Apex market data come from?
Realmo compiles Apex, NC figures from 7 recent recorded sales, 83 active sale listings, 17 active lease listings, 950 tracked off-market properties, the current Apex zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 83 active for-sale and 17 active for-lease listings in Apex, NC. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 23,395 zoned acres across 44 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
