How much does it cost to rent in Myrtle Beach, SC?

As of July 2026, the median monthly rent in Myrtle Beach, SC is $1,676. This figure is based on aggregated data from public sources and community-submitted rents.

Is Myrtle Beach cheaper than other South Carolina cities?

Myrtle Beach falls in the middle range for South Carolina, ranking #35 out of 67 cities at $1,676/mo.

When was Myrtle Beach rent data last updated?

Myrtle Beach rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

Is Myrtle Beach a renter's market or a landlord's market?

Based on RentDataNow's Rent Market Meter, Myrtle Beach is currently a renter's market. Rents are softening (down 0.9% YoY), so renters have negotiating leverage. The meter is derived from rent-price momentum (year-over-year and month-over-month change), not inventory levels.

City Report · SC

Myrtle Beach

Name: Average Rent Prices in Myrtle Beach, SC
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 38,371·35th most expensive in South Carolina·Rental market data updated monthly for Myrtle Beach, SC

Median rent (all units)

$1,676/mo

Year-over-Year

-0.9%

Month-over-Month

-1.8%

vs US Median

-$289

Falling (Monthly)

Be the first to discuss Myrtle Beach rents ↓

Most AffordableMost Expensive

Myrtle Beach · $1,676

More affordable than 63% of US cities · National median $1,965/mo

Rent Reality Score

77/100

Good value

OverheatedFairGreat value

Rents are 14% below what Myrtle Beach's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$1,676/mo

Expected by trend

$1,938/mo

The Rent Reality Score compares today's median rent to where Myrtle Beach's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$1,173

1 BR

$1,238

2 BR

$1,453

3 BR

$1,833

4 BR+

$2,133

Research median

$1,453/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$20,112/yr

At $1,676/mo median

Rent Market Meter

Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are softening (down 0.9% YoY), so renters have negotiating leverage.

Based on rent-price momentum (-0.9% YoY, -1.8% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Myrtle Beach, SC is majority owner-occupied, has a large retiree population, has a median income below the national average, 33.5% of residents hold a bachelor's degree or higher.

Population

38,371

Median income

$60,394

Median age

47.3

Renters

39.5%

Age distribution

16.2%

20.7%

20.9%

18.5%

23.7%

Under 1816.2%

18–3420.7%

35–5420.9%

55–6418.5%

65+23.7%

Gender

49.3%

50.7%

Male49.3%

Female50.7%

Race & ethnicity

66.6%

15%

13.2%

White66.6%

Black15%

Hispanic13.2%

Asian1.2%

Other4%

Education (25+)

27.7%

31.2%

33.5%

No HS diploma7.6%

HS diploma27.7%

Some college31.2%

Bachelor's+33.5%

Housing tenure

60.5%

39.5%

Owner60.5%

Renter39.5%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Myrtle Beach, SC has changed in 5 years

Rent

$1,295 → $1,676

up 29.4%

Income

$45,701 → $60,394

up 32.2%

Population

35,116 → 38,371

up 9.3%

Renter share

42.1% → 39.5%

-2.6 pts

Bachelor's+

30.5% → 33.5%

+3.0 pts

Median age

45.7 → 47.3

+1.6 yrs

Compared with 2021, rent in Myrtle Beach, SC has climbed by $381 per month, settling near $1,676 after starting the period at $1,295. Household income in the area moved from $45,701 to $60,394 across the same window, up 32.2% versus 2021. Headcount in the area went from 35,116 to 38,371 between 2021 and 2024, a 9.3% change. About 39.5% of households rent today, against 42.1% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 30.5% to 33.5%. Reading these numbers side by side helps frame whether current listings in Myrtle Beach, SC look reasonable against where the market sat half a decade ago.

Community

Discussions about Myrtle Beach

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View Myrtle Beach rent history (2015–2026) →

Salary vs rent

Can you afford rent in Myrtle Beach on your salary?

At $1,676/mo, how Myrtle Beach rent compares to typical pay (30% rule).

Registered Nurse

Avg $83,142/yr · Rent = 24.2% income

affordable

Elementary School Teacher

Avg $59,030/yr · Rent = 34.1% income

stretched

Police Officer

Avg $67,998/yr · Rent = 29.6% income

affordable

Software Developer

Avg $121,537/yr · Rent = 16.5% income

very comfortable

Lawyer

Avg $155,294/yr · Rent = 13% income

very comfortable

Firefighter

Avg $55,273/yr · Rent = 36.4% income

stretched

Truck Driver

Avg $49,905/yr · Rent = 40.3% income

rent-burdened

Electrician

Avg $61,512/yr · Rent = 32.7% income

stretched

By apartment size

Myrtle Beach rent by bedroom count

Median rent for each apartment size in Myrtle Beach. Click any size for full breakdown.

Local insights

Tips for renters in Myrtle Beach

About renting in Myrtle Beach, SC

Last updated: July 20, 2026

The median rent in Myrtle Beach is $1,676/mo as of July 2026. A studio apartment averages $1,173/mo while a 2-bedroom runs $1,453/mo. One-bedroom apartments average $1,238/mo and 3-bedroom units go for $1,833/mo.

At 33% of local median household income ($60,394/yr), Myrtle Beach ranks as moderate compared to the national benchmark of 30%. Rents have decreased 0.9% over the past year.

FAQ

Frequently asked questions

Is Myrtle Beach an affordable city for renters?

Myrtle Beach is considered moderate for renters. At $1,676/mo, rent takes approximately 33% of the local median household income ($60,394/yr). The standard benchmark is 30%. Myrtle Beach slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Myrtle Beach?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (~$32/hour full-time) to afford the median rent of $1,676/mo in Myrtle Beach. The local median household income is $60,394/yr, meaning the typical Myrtle Beach household falls short of that threshold.

Is rent going up or down in Myrtle Beach?

Rent in Myrtle Beach has decreased 0.9% over the past year as of July 2026, offering some relief compared to 12 months ago.

Which Myrtle Beach neighborhoods have the lowest rent?

The most affordable ZIP codes in Myrtle Beach are 29572 ($1,609/mo), 29577 ($1,614/mo), and 29579 ($1,696/mo). Citywide, the median rent in Myrtle Beach is $1,676/mo.

How does Myrtle Beach rent compare to other cities in South Carolina?

Myrtle Beach is middle-of-the-pack for South Carolina for rent, ranking #35 out of 67 tracked cities at $1,676/mo.

Which nearby cities are cheaper to rent in than Myrtle Beach?

Surfside Beach is nearby and more affordable at $1,578/mo, which is $98 less than Myrtle Beach.

What percentage of Myrtle Beach residents rent vs. own?

According to Census data, approximately 39.5% of Myrtle Beach households are renters, while 60.5% are owner-occupied. Myrtle Beach leans toward homeownership, which can mean a smaller rental inventory.

How does Myrtle Beach rent compare to the national average?

Myrtle Beach's median rent of $1,676/mo is $289 (15%) below the US national median of $1,965/mo. Within South Carolina, it ranks #35 out of 67 tracked cities.

Income Affordability

33%

MODERATE

At $1,676/mo, rent takes ~33% of Myrtle Beach's median household income ($60,394/yr). The standard benchmark is 30%.

Myrtle Beach 33%Benchmark 30%

State income tax3–6.2%

Run the Myrtle Beach affordability calculator →

Nearby cities