Landing at Coventry
1020 Royal Tern Dr,
Myrtle Beach, SC 29577
$1,445 - $2,345
1-3 Beds
Rental Market Trends in Myrtle Beach, SC
What is the average rent in Myrtle Beach, SC?
$1,345/month
Average Rent
723 Sq Ft
Average Apartment Size
-3.2%
Decrease in the Last Year
As of November 2025, the average rent in Myrtle Beach, SC is $1,345 per month. This is 18% lower than the national average rent of $1,631/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 $1,374 per month for a studio, $1,345 for a one-bedroom apartment, and around $1,564 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,860 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Myrtle Beach, SC?
In the past year, rent has decreased by 3.2%, which averages out to $43 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 November 2025
Legend
2024
2025
Rent Ranges in Myrtle Beach, SC
Last Updated November 2025
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
5%
Below $700/month
13%
$700 - $1,000/month
32%
$1,001 - $1,500/month
38%
$1,501 - $2,000/month
12%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Myrtle Beach?
Based on current rent prices, River Oaks, Springlake at Carolina and Brandy Mill are the most affordable neighborhoods in Myrtle Beach.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Myrtle Beach?
Based on current rent prices, The Oaks at Bellegrove Preserve, The Farm at Carolina Forest and Emerald Lakes are the most expensive neighborhoods in Myrtle Beach.
Neighborhood
Average Rent
Average 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, Downtown Myrtle Beach and The Oaks at Bellegrove Preserve .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Myrtle Beach, SC?
Because the average rent in Myrtle Beach is $1,345, you’ll want to make about $4,483 per month or $53,796 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 7.1% lower than the national average. Generally, housing in Myrtle Beach is 29.5% less expensive than the national average, with rent falling between $1,345 - $1,860. You can expect to pay 3.6% more for groceries, 16.9% more for utilities, and 6.7% less for transportation.
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.
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One Bedroom
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Two Bedroom
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Three Bedroom
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Apartment communities in Myrtle Beach we think you'll love
Property Management Companies in Myrtle Beach, SC
Greystar
-
3,453
Communities
-
952,071
Units
-
874
Cities
8 Communities in Myrtle Beach
Hawthorne Residential Partners
-
251
Communities
-
58,911
Units
-
109
Cities
7 Communities in Myrtle Beach
Willow Bridge
-
723
Communities
-
198,672
Units
-
342
Cities
4 Communities in Myrtle Beach
Fortis Property Management
-
48
Communities
-
11,679
Units
-
37
Cities
3 Communities in Myrtle Beach
RangeWater
-
218
Communities
-
54,395
Units
-
116
Cities
2 Communities in Myrtle Beach
Village Green
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163
Communities
-
33,625
Units
-
94
Cities
2 Communities in Myrtle Beach
The Sterling Group, Inc.
-
35
Communities
-
9,374
Units
-
24
Cities
2 Communities in Myrtle Beach
R.K. Properties
-
18
Communities
-
4,390
Units
-
14
Cities
2 Communities in Myrtle Beach
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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 November 2025.
* Percentages may not total 100 due to rounding.