The best of both worlds may be to locate the source rpm for the corresponding rpm package the you need, for your distro.
The ./configure script, if successful will create a Makefile. It doesn't install apache2. You still need to run "make" and "sudo make install" to create and then install the binaries.
Apache is a large and complex environment. There will be many configure options to consider. If this is for personal use, you might want to install the binary rpm package instead. If this is for a corporate website, then performance and other advantages to compiling from source may be worth it.