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ZIP Code · SC

ZIP 29588

Pop. 52,609·Horry County·43rd most expensive ZIP in South Carolina
Median rent (all units)
$1,777/mo
Year-over-Year
+5.4%
Month-over-Month
-2.5%
vs US Median
-$188
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 29588 · $1,777
More affordable than 53% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,190
1 BR
$1,280
2 BR
$1,520
3 BR
$1,870
4 BR+
$2,190
Research median
$1,520/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
$21,324/yr
At $1,777/mo median
Location
StateSC
CountyHorry County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+5.4% YoY, -2.5% MoM), not inventory.
Demographics

Who lives here

ZIP 29588 (Myrtle Beach, SC) is majority owner-occupied, has a large retiree population, 26.2% of residents hold a bachelor's degree or higher.

Population
52,609
Median income
$70,739
Median age
45.7
Renters
22.2%
Age distribution
19.3%
17.7%
23.5%
16.5%
23%
Under 1819.3%
18–3417.7%
35–5423.5%
55–6416.5%
65+23%
Gender
49.4%
50.6%
Male49.4%
Female50.6%
Race & ethnicity
78.5%
White78.5%
Black5.4%
Hispanic11.6%
Asian1.1%
Other3.3%
Education (25+)
31.7%
34.9%
26.2%
No HS diploma7.1%
HS diploma31.7%
Some college34.9%
Bachelor's+26.2%
Housing tenure
77.8%
22.2%
Owner77.8%
Renter22.2%

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

2021 vs 2026

How ZIP 29588 in Myrtle Beach, SC has changed in 5 years

Income
$54,305 → $70,739
up 30.3%
Population
52,184 → 52,609
up 0.8%
Renter share
22.8% → 22.2%
-0.6 pts
Bachelor's+
24.3% → 26.2%
+1.9 pts

Local incomes tracked alongside that move, going from a median of $54,305 in 2021 to $70,739 more recently.

Community

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Local insights

Tips for renters in ZIP 29588

About renting in ZIP 29588

Last updated: July 20, 2026

ZIP code 29588 covers Myrtle Beach, SC. The median rent here is $1,777/mo as of July 2026. A 1-bedroom rents for a median of $1,280/mo. A 2-bedroom rents for a median of $1,520/mo.

At 30% of local median household income ($70,739/yr), ZIP 29588 ranks as moderate compared to the national benchmark of 30%. Rents have increased 5.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 29588?

As of July 20, 2026, the median monthly rent in ZIP 29588 (Myrtle Beach, SC) is $1,777. This is based on aggregated data from public sources and community submissions.

How does ZIP 29588 rent compare to the US average?

ZIP 29588's median rent of $1,777/mo is $188 (10%) below the US national median of $1,965/mo.

How does ZIP 29588 compare to other ZIPs in South Carolina?

ZIP 29588 falls in the middle range for South Carolina, ranking #43 out of 124 ZIPs at $1,777/mo.

How much income do you need to rent in ZIP 29588?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (~$34/hour full-time) to afford the median rent of $1,777/mo in ZIP 29588. The local median household income is $70,739/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 29588?

Rent in ZIP 29588 has increased 5.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 29588 an affordable place to rent?

ZIP 29588 is considered moderate for renters. At $1,777/mo, rent takes approximately 30% of the local median household income ($70,739/yr). The standard benchmark is 30%. ZIP 29588 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 29588 residents rent vs. own?

According to Census data, approximately 22.2% of ZIP 29588 households are renters, while 77.8% are owner-occupied. ZIP 29588 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 29588 compare to the rest of Myrtle Beach?

ZIP 29588 is pricier than Myrtle Beach as a whole. At $1,777/mo, it's $101 above the Myrtle Beach citywide median of $1,676/mo.

When was rent data for ZIP 29588 last updated?

Rent data for ZIP 29588 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
30%
MODERATE

At $1,777/mo, rent takes ~30% of ZIP 29588's median household income ($70,739/yr). The standard benchmark is 30%.

ZIP 29588 30%Benchmark 30%
State income tax3–6.2%
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Schools nearby

Public schools near ZIP 29588 (Myrtle Beach, SC)

Recent submissions

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