Cheap Apartments for Rent in Apex, NC from $700 (65 Rentals)

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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Stone Glen
1 to 3 Bedroom Apartments

Stone Glen

1501 Amethyst Crest WayApex, NC 27502

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Camden Lake Pine
1 to 3 Bedroom Apartments

Camden Lake Pine

600 Park Summit BlvdApex, NC 27523

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Apex, NC Local Guide

Cheapest Neighborhoods for Apartments in Apex, NC

Pricing Updated: 01/22/2026

Current apartment rentals in the Apex, NC area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Apex Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
South Cary/Apex$2,505$6251258

Cheapest Available Apex Apartments for Rent

 

The cheapest available apartment rental in Apex, NC is a 1 Bed unit found at Cary Pines Apartments in the Scottish Hills neighborhood priced from $1,038. Stone Glen in the Bradley Terrace neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,090. Here is today’s list of the most affordable Apex apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cary Pines ApartmentsThe Spruce II Newly Renovated1BR,1BA$1,038
Stone Glen1 Bed 1 Bath1BR,1BA$1,090
Comet GarnerA1A1BR,1BA$1,130
Lake Cameron1 Bed - 1 Bath1BR,1BA$1,169
High House at Cary ApartmentsA11BR,1BA$1,179
Bell ApexA1A1BR,1BA$1,182
Peterson Station at Sunset LakeThe Oak1BR,1BA$1,185
Linwood Creek ApartmentsKitchen On Right2BR,1BA$1,187
Town Station LoftsA21BR,1BA$1,194
The Villages at McCullers WalkA1B1BR,1BA$1,201

Best Value Apartments for Rent in Apex, NC

As of January 22, 2026 the best value apartment in the Apex area is the $1.52 price per square foot Monroe Model at ABODE Alderwood in the in the Creekside neighborhood starting from $2,915. The second greatest value Apex apartment is the Archer Model at ABODE at Ream's Pointe starting at $2,915 with a $1.54 price per square foot in the Bradley Terrace neighborhood. Here is today’s list of the best values for Apex apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
ABODE AlderwoodMonroe3BR,2.5BA$1.52
ABODE at Ream's PointeArcher3BR,2.5BA$1.54
Hudson at Georgia's LandingHibiscus3BR,2.5BA$1.37
Beaver Creek Apartments and TownhomesThe Dogwood Townhouse2BR,2.5BA$1.28
Village at Broadstone StationB12BR,1BA$1.33
MAA Beaver Creek22B2BR,2BA$1.44
Summit 5012 Bedroom 1.5 Bath Townhome2BR,1.5BA$1.37
The Villages at McCullers WalkA1C1BR,1BA$1.46
Kildaire Reserve ApartmentsA1 - The Daisy1BR,1BA$1.55
Lake Cameron1 Bed - 1 Bath1BR,1BA$1.50

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Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Top Neighborhoods Near Raleigh Colleges and Universities

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Raleigh, NC metro area for affordable living. Find your perfect Raleigh Student apartment, condo, or rental home today.

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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Cheap Apex Apartments

What is a cheap apartment in Apex?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Apex is under $1,201.

What is the price of a cheap apartment in Apex?

The cheapest apartment in Apex is Cary Pines Apartments which is listed at $1,040, while the average apartment in Apex costs $2,505.

What types of apartments are the cheapest in Apex?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 27 regular apartments in Apex that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Apex?

Cheap apartments in Apex have an average cost of $223 which is $2,282 cheaper than the average rent for all rentals in Apex.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh

Written by: Chris Munier

Raleigh offers not only an exciting urban environment, the centerpiece of a thriving metro area, but it’s also affordable. That is, assuming you know where to rent.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Raleigh

Written by: Chris Munier

Student apartments are not always easy to find in every location, but that’s not the case in the university-rich city of Raleigh, North Carolina.

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Discover Terrific Apartment Opportunities Near Raleighs Largest Employers

Written by: Chris Munier

Did you recently land a new job in Raleigh but can’t find a suitable place to live? This is a common issue for working professionals making career changes, especially in a transplant-heavy area like Raleigh.

Articles, How-To's, and Tips

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.