Commercial Real Estate Market in Apex, NC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
30 active listings and 950 off-market properties in Apex, NC. Commercial property asks $310/SF to buy (based on 3 listings) and $31.00/SF/Yr to lease (based on 4 listings).
Market Trends
Apex, NC spans 97.9 square miles in Wake County, North Carolina. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Apex, NC runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Apex, NC runs 5.4% across the South region in 2025, down from 7% in 2020.
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%.
Multifamily
Multifamily vacancy in Apex, NC runs 11.3% across the South region in 2025, up from 8.5% in 2022.
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
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.
Tools
Nearby Markets
Commercial property in Apex, NC asks $310/SF. The 2 bordering markets run from $218/SF in Garner to $301/SF in Cary, and the city sits above their $260/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Apex?
How much does it cost to lease commercial space in Apex?
How does Apex compare to nearby markets on price?
Where does Realmo's Apex market data come from?
Methodology & data sources
- Asking prices and medians
- There are 10 active for-sale and 20 active for-lease listings in Apex, NC. The medians are based on 3 of the for-sale and 4 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
