Cape Landing
3851 Cape Landing Dr,
Myrtle Beach, SC 29588
$1,107 - $2,659
1-3 Beds
Rental Market Trends in Myrtle Beach, SC
What is the average rent in Myrtle Beach, SC?
$1,383/month
Average Rent
720 Sq Ft
Average Apartment Size
+1%
Increase in the Last Year
As of May 2026, the average rent in Myrtle Beach, SC is $1,383 per month. This is 16% lower than the national average rent of $1,644/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 $1,392 per month for a studio, $1,383 for a one-bedroom apartment, and around $1,593 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,847 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 increased by 1%, which averages out to $15 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated May 2026
Legend
2025
2026
Rent Ranges in Myrtle Beach, SC
Last Updated May 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
5%
Below $700/month
11%
$700 - $1,000/month
38%
$1,001 - $1,500/month
34%
$1,501 - $2,000/month
11%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Myrtle Beach?
Based on current rent prices, Downtown Myrtle Beach is the most affordable neighborhood in Myrtle Beach.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Myrtle Beach?
Based on current rent prices, Downtown Myrtle Beach is the most expensive neighborhood in Myrtle Beach.
Neighborhood
Average Rent
Average Sq Ft
Which Myrtle Beach neighborhoods have the most rentals available?
The neighborhood in Myrtle Beach with the most apartments available is Downtown Myrtle Beach .
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 $1,383, you’ll want to make about $4,610 per month or $55,320 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 7.5% lower than the national average. Generally, housing in Myrtle Beach is 29.6% less expensive than the national average, with rent falling between $1,383 - $1,847. You can expect to pay 3.2% more for groceries, 16.4% 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.
Studio
$1,133/month
$1,133/month
One Bedroom
$1,224/month
$1,224/month
Two Bedroom
$1,397/month
$1,397/month
Three Bedroom
$1,543/month
$1,543/month
Apartment communities in Myrtle Beach we think you'll love
Property Management Companies in Myrtle Beach, SC
Greystar
-
3,524
Communities
-
969,267
Units
-
896
Cities
9 Communities in Myrtle Beach
Hawthorne Residential Partners
-
238
Communities
-
58,369
Units
-
110
Cities
6 Communities in Myrtle Beach
JEM Holdings
-
46
Communities
-
11,111
Units
-
36
Cities
3 Communities in Myrtle Beach
Village Green
-
162
Communities
-
33,247
Units
-
94
Cities
2 Communities in Myrtle Beach
The Sterling Group, Inc.
-
33
Communities
-
8,996
Units
-
22
Cities
2 Communities in Myrtle Beach
R.K. Properties
-
18
Communities
-
4,385
Units
-
14
Cities
2 Communities in Myrtle Beach
RPM
-
663
Communities
-
183,254
Units
-
260
Cities
1 Community in Myrtle Beach
Harbor Group Management
-
180
Communities
-
51,964
Units
-
131
Cities
1 Community 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 February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.