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Rental Market Trends in Myrtle Beach, SC

What is the average rent in Myrtle Beach, SC?

$1,373/month

Average Rent

730 Sq Ft

Average Apartment Size

-2%

Decrease in the Last Year

As of July 2025, the average rent in Myrtle Beach, SC is $1,373 per month. This is 16% lower than the national average rent of $1,636/month, making renting in Myrtle Beach more affordable than most cities in the US. When you rent an apartment in Myrtle Beach, you can expect to pay about $1,251 per month for a studio, $1,373 for a one-bedroom apartment, and around $1,613 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,883 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,251/month
351 Sq Ft
One Bedroom
$1,373/month
730 Sq Ft
Two Bedroom
$1,613/month
1,048 Sq Ft
Three Bedroom
$1,883/month
1,327 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,266/month
565 Sq Ft
Two Bedroom
$1,647/month
883 Sq Ft
Three Bedroom
$2,181/month
1,547 Sq Ft
Four Bedroom
$2,497/month
2,153 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,519/month
686 Sq Ft
Two Bedroom
$1,668/month
926 Sq Ft
Three Bedroom
$1,813/month
1,418 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,623/month
898 Sq Ft
Three Bedroom
$2,060/month
1,429 Sq Ft

How much has average rent changed in Myrtle Beach, SC?

In the past year, rent has decreased by 2%, which averages out to $26 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Myrtle Beach, SC
Last Updated July 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Myrtle Beach, SC
Percentage*
Rent Range
5% Below $700/month
13% $700 - $1,000/month
29% $1,001 - $1,500/month
44% $1,501 - $2,000/month
9% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Myrtle Beach?

Based on current rent prices, River Oaks, Springlake at Carolina and Stonebridge are the most affordable neighborhoods in Myrtle Beach.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
River Oaks
$1,159/month
717 Sq Ft
Springlake at Carolina
$1,294/month
773 Sq Ft
Stonebridge
$1,309/month
760 Sq Ft
Brightwater
$1,415/month
828 Sq Ft
Vinings
$1,434/month
810 Sq Ft
Grande Dunes Seville
$1,472/month
771 Sq Ft
Emerald Lakes
$1,479/month
845 Sq Ft
Cresswind
$1,480/month
778 Sq Ft
Oak Forest
$1,510/month
798 Sq Ft
Alexan at Withers Preserve
$1,510/month
798 Sq Ft

What are the most expensive neighborhoods in Myrtle Beach?

Based on current rent prices, Willows at Bellegrove Preserve, Cipriana Park and The Oaks at Bellegrove Preserve are the most expensive neighborhoods in Myrtle Beach.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Willows at Bellegrove Preserve
$2,033/month
713 Sq Ft
Cipriana Park
$1,939/month
755 Sq Ft
The Oaks at Bellegrove Preserve
$1,787/month
901 Sq Ft
The Farm at Carolina Forest
$1,745/month
724 Sq Ft
Downtown Myrtle Beach
$1,527/month
594 Sq Ft
Oak Forest
$1,510/month
798 Sq Ft
Alexan at Withers Preserve
$1,510/month
798 Sq Ft
Cresswind
$1,480/month
778 Sq Ft
Emerald Lakes
$1,479/month
845 Sq Ft
Grande Dunes Seville
$1,472/month
771 Sq Ft

Which Myrtle Beach neighborhoods have the most rentals available?

The neighborhoods in Myrtle Beach with the most apartments available are Willows at Bellegrove Preserve, Vinings and The Oaks at Bellegrove Preserve .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Willows at Bellegrove Preserve
$2,033/month
713 Sq Ft
Vinings
$1,434/month
810 Sq Ft
The Oaks at Bellegrove Preserve
$1,787/month
901 Sq Ft
Downtown Myrtle Beach
$1,527/month
594 Sq Ft
The Farm at Carolina Forest
$1,745/month
724 Sq Ft
Grande Dunes Seville
$1,472/month
771 Sq Ft
Cresswind
$1,480/month
778 Sq Ft
Brightwater
$1,415/month
828 Sq Ft
Springlake at Carolina
$1,294/month
773 Sq Ft
River Oaks
$1,159/month
717 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Myrtle Beach, SC?

Because the average rent in Myrtle Beach is $1,373, you’ll want to make about $4,576 per month or $54,912 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Myrtle Beach, SC is 7.8% lower than the national average. Generally, housing in Myrtle Beach is 32.2% less expensive than the national average, with rent falling between $1,251 - $1,883. You can expect to pay 0.5% less for groceries, 19.3% more for utilities, and 10.6% more for transportation.

City

Myrtle Beach, SC

2,438 Available Apartments for Rent

Search for Nearby Apartments

How does Myrtle Beach, SC compare to other nearby cities and neighborhoods?

Use the tool below to compare Myrtle Beach, SC to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Myrtle Beach, SC

Apartment Averages

River Oaks

Myrtle Beach, SC

Willows at Bellegrove Preserve

Myrtle Beach, SC

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
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Nearby City Rent Trends

  • North Myrtle Beach Average Rent

Apartment communities in Myrtle Beach we think you'll love

GRANDVIEW AT CLEAR POND APARTMENTS

GRANDVIEW AT CLEAR POND APARTMENTS

101 Grand Bahama Dr,
Myrtle Beach, SC 29579

1-3 Beds | $1,300 - $2,500

Sunscapes Apartments

Sunscapes Apartments

327 Floral Beach Way,
Myrtle Beach, SC 29575

1-3 Beds | $1,399 - $1,875

Reserve at Ridgewood Plantation

Reserve at Ridgewood Plantation

4911 Signature Dr,
Myrtle Beach, SC 29579

2-3 Beds | $1,400 - $1,650

The Collins Apartment Homes

The Collins Apartment Homes

305 Brookfield Dr,
Myrtle Beach, SC 29588

2-3 Beds | $1,399 - $1,849

Property Management Companies in Myrtle Beach, SC

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8 Communities in Myrtle Beach
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Hawthorne Residential Partners
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7 Communities in Myrtle Beach
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5 Communities in Myrtle Beach
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The Sterling Group
The Sterling Group
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R.K. Properties
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Cushman & Wakefield
Cushman & Wakefield
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  • 279

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1 Community in Myrtle Beach

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United States South Carolina Myrtle Beach Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity