Rent to own Homes in Apex, NC
Apex, located in Wake County, has the distinction of being the highest point on the historic Chatham Railroad. With over 42,000 inhabitants, Apex is located close to North Carolina's famous Research Triangle, an area in the Piedmont region encompassing Raleigh, Durham, and Chapel Hill. Apex has been voted Best Small Town in NC and has appeared on Top 10 media lists for best places to live in the United States.
Apex, NC is a great place for affordable rent-to-own homes! With a median household income of over $112,549 and a median rent of $1,415, the Apex, NC rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Apex, NC. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Apex, NC Property Resources
Rent to own Homes in Cities Near Apex, NC
- Angier
- Apex
- Bahama
- Briar Chapel
- Buies Creek
- Butner
- Carolina Meadows
- Carrboro
- Cary
- Chapel Hill
- Clayton
- Coats
- Durham
- Fearrington Village
- Fuquay-Varina
- Garner
- Gorman
- Governors Club
- Governors Village
- Holly Springs
- Knightdale
- Lillington
- Mamers
- Moncure
- Morrisville
- New Hill
- Pittsboro
- Raleigh
- Rolesville
- Wake Forest
- Willow Spring
Neighborhoods in Apex, NC
No neighborhoods foundPopular Zip Codes in Apex, NC
27502 rent to own homesBuying a Home in Apex, NC
Apex, NC is seeing rapid growth and Apex, NC's' housing market remains not optimal with an average home price that is 60% above the 2024 national average. Apex, NC is part of Wake county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Wake is 0.81% which is below the national average, which is 0.99%.
Median Home Price in Apex, NC
Median Rent in Apex, NC
Top 3 Reasons to Live in Apex, NC
Lower housing prices! Housing in the area can be much more affordable than similar offerings in neighboring Raleigh. In addition, there is significantly less congestion and wait time on highways like the 64 and 540. The suburb puts you close to all of Raleigh's amenities, but far enough away to avoid the busy traffic, higher prices, and frequent crowds.
There are so many fun things to do! View more than 60 historical buildings and dwellings in the Downtown Historic District, which are premier examples of turn-of-the-century railroad town architecture. Shop in antique stores, feast on delicious cuisine, and don't miss the architecture on Hughes Street and Salem Street, which feature historic residences. Stop by one of the many dining options available downtown, such as Peak City Grill, known for its great food and ambiance, or try fine dining at Rock Harbor Grill. The New Hope Valley Railway and NC Railway Museum offer local history and entertainment for patrons. Ride a restored open-air historic passenger car pulled by a locomotive through miles of scenic forest. Apex Union Depot is a must-see for every resident and visitor; it's a restored railroad depot circa 1914 designated as a Wake County landmark. Concerts at the Depot are hosted by the Parks and Recreation Department, and the historical society is headquartered in a caboose beside the old depot.
Home values are rising! Over the past year, housing values have increased by 5.6%. Occasionally, you can still find historic dwellings for sale, and careful investigation might reveal some coveted rent to own homes. The Apex Historical Society is one place to get information on the history of the city and local historic dwellings and Leland Builders is a local company that specializes in restoration of older homes. There is something for everyone in Apex, from single family dwellings to apartments, condominiums, and townhouses.