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City Report · SC

North Myrtle Beach

Pop. 19,855·27th most expensive in South Carolina·North Myrtle Beach rents are up 30.0% over the past year
Median rent (all units)
$1,745/mo
Year-over-Year
+30.0%
Month-over-Month
-4.6%
vs US Median
-$220
Falling (Monthly)
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Most AffordableMost Expensive
North Myrtle Beach · $1,745
More affordable than 58% of US cities · National median $1,965/mo
Affordability
29% of income
AFFORDABLE
0%30% benchmark60%+

At $1,745/mo, rent takes about 29% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$70,000/yr
Local median income
$72,722/yr
Based on the 30%-of-income rule using North Myrtle Beach's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,240
1 BR
$1,310
2 BR
$1,540
3 BR
$1,940
4 BR+
$2,260
Research median
$1,540/mo

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

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$20,940/yr
At $1,745/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 30.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+30.0% YoY, -4.6% MoM), not inventory.
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Demographics

Who lives here

North Myrtle Beach, SC is majority owner-occupied, has a large retiree population, 39.9% of residents hold a bachelor's degree or higher.

Population
19,855
Median income
$72,722
Median age
61.9
Renters
17.8%
Age distribution
18.4%
21.4%
41.6%
Under 1810.8%
18–347.8%
35–5418.4%
55–6421.4%
65+41.6%
Gender
49.7%
50.3%
Male49.7%
Female50.3%
Race & ethnicity
89.3%
White89.3%
Black3.1%
Hispanic4.7%
Asian0.8%
Other2%
Education (25+)
21.3%
33%
39.9%
No HS diploma5.8%
HS diploma21.3%
Some college33%
Bachelor's+39.9%
Housing tenure
82.2%
17.8%
Owner82.2%
Renter17.8%

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

2021 vs 2026

How North Myrtle Beach, SC has changed in 5 years

Income
$64,417 → $72,722
up 12.9%
Population
18,502 → 19,855
up 7.3%
Renter share
20.4% → 17.8%
-2.6 pts
Bachelor's+
36.6% → 39.9%
+3.3 pts
Median age
60 → 61.9
+1.9 yrs

Census figures show median household income at $72,722 today, compared with $64,417 five years earlier. The population has grown by 7.3% since 2021, moving from about 18,502 residents to roughly 19,855. Renters now make up 17.8% of households, compared with 20.4% five years ago. College-educated residents now make up 39.9% of adults here, versus 36.6% in 2021.

Community

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View North Myrtle Beach rent history (2015–2026) →
Salary vs rent

Can you afford rent in North Myrtle Beach on your salary?

At $1,745/mo, how North Myrtle Beach rent compares to typical pay (30% rule).

By apartment size

North Myrtle Beach rent by bedroom count

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

Local insights

Tips for renters in North Myrtle Beach

About renting in North Myrtle Beach, SC

Last updated: July 20, 2026

The median rent in North Myrtle Beach is $1,745/mo as of July 2026. A studio apartment averages $1,240/mo while a 2-bedroom runs $1,540/mo. One-bedroom apartments average $1,310/mo and 3-bedroom units go for $1,940/mo.

At 29% of local median household income ($72,722/yr), North Myrtle Beach ranks as affordable compared to the national benchmark of 30%. Rents have increased 30.0% over the past year.

FAQ

Frequently asked questions

Is North Myrtle Beach an affordable city for renters?

North Myrtle Beach is considered affordable for renters. At $1,745/mo, rent takes approximately 29% of the local median household income ($72,722/yr). The standard benchmark is 30%. North Myrtle Beach falls comfortably within that range.

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

To keep rent at or below 30% of gross income, you would need to earn at least $70,000/year (~$34/hour full-time) to afford the median rent of $1,745/mo in North Myrtle Beach. The local median household income is $72,722/yr, meaning the typical North Myrtle Beach household meets that threshold.

Is rent going up or down in North Myrtle Beach?

Rent in North Myrtle Beach has increased 30.0% over the past year as of July 2026, putting upward pressure on renter budgets.

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

North Myrtle Beach is middle-of-the-pack for South Carolina for rent, ranking #27 out of 67 tracked cities at $1,745/mo.

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

Several nearby cities have lower median rents than North Myrtle Beach ($1,745/mo): Little River ($1,547/mo), Myrtle Beach ($1,676/mo), Shallotte ($1,704/mo).

What percentage of North Myrtle Beach residents rent vs. own?

According to Census data, approximately 17.8% of North Myrtle Beach households are renters, while 82.2% are owner-occupied. North Myrtle Beach leans toward homeownership, which can mean a smaller rental inventory.

How does North Myrtle Beach rent compare to the national average?

North Myrtle Beach's median rent of $1,745/mo is $220 (11%) below the US national median of $1,965/mo. Within South Carolina, it ranks #27 out of 67 tracked cities.
Income Affordability
29%
AFFORDABLE

At $1,745/mo, rent takes ~29% of North Myrtle Beach's median household income ($72,722/yr). The standard benchmark is 30%.

North Myrtle Beach 29%Benchmark 30%
State income tax3–6.2%
Run the North Myrtle Beach affordability calculator →
Lowest-rent ZIP codes in North Myrtle Beach
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Neighborhoods

Estimated from ZIP-level data

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Public schools near North Myrtle Beach, SC

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