Myrtle Beach is a popular vacation destination along the Atlantic Ocean, with a lively atmosphere and strong tourist economy. It's the home to several landmarks like the Myrtle Beach Boardwalk, Carolina Opry, Broadway at the Beach, and Myrtle Beach Art Museum. For those seeking higher education, it's the location of Coastal Carolina University, a nationally recognized institution. The Myrtle Beach economy thrives, driven by tourism, real estate, retail, and healthcare.

Nature enthusiasts can explore the beauty of the Grand Strand, including the Myrtle Beach State Park, Brookgreen Gardens, and the Waccamaw National Wildlife Refuge. Myrtle Beach is also known for its unique food scene, with many restaurants showcasing seafood and Southern cuisine. In addition, Myrtle Beach hosts various events throughout the year, including the Carolina Country Music Fest and the Myrtle Beach Bike Week, showcasing motorcycles and live music, making it an exciting destination for visitors and residents alike.

With its vibrant atmosphere, warm climate, and cultural and recreational opportunities, Myrtle Beach is a great place to call home for those who enjoy a beach lifestyle and a bustling community.

Rental Market Trends

Myrtle Beach, SC

As of July 2025, Myrtle Beach's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Myrtle Beach's average rent is 10.2% ($168) higher than the South Carolina average of $1,650 and 2.4% ($43) higher than the U.S. average of $1,775.

Average Rent

$1,818

Monthly ChangeMonth Over Month Change

0.3% ($5)

Yearly ChangeYear Over Year Change

6% ($116)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,304	5.2% ($65)	3.8% ($51)
2 Beds	$1,576	3.1% ($48)	2.8% ($46)
3 Beds	$2,094	0.5% ($11)	1.5% ($31)

Nearby Cities	Average Rent	Avg. Rent vs. Myrtle BeachAverage Rent vs. Myrtle Beach	Avg. Days on MarketAverage Days on Market
Conway	$1,606	11.7% ($212)	29 days
Murrells Inlet	$1,734	4.6% ($84)	30 days
Longs	$1,536	15.5% ($282)	33 days
North Myrtle Beach	$1,512	16.8% ($306)	32 days
Little River	$1,836	1% ($18)	29 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Myrtle Beach Rental Market FAQs

Explore rental prices, market trends, and availability in Myrtle Beach, SC.

What is the average rent in Myrtle Beach, SC?

The average rent in Myrtle Beach, SC is $1,818 per month.

What is the rental price range for apartments in Myrtle Beach, SC?

Apartments in Myrtle Beach typically rent for between $913 and $2,722 per month, with an average of $1,818 per month.

What is the average rent for different bedroom sizes in Myrtle Beach, SC?

In Myrtle Beach, the average rent for a 1-bedroom apartment is $1,304 per month, for a 2-bedroom apartment, $1,576 per month, and a 3-bedroom apartment is $2,094 per month.

How do rent prices in Myrtle Beach, SC compare with the national average?

The average rent in Myrtle Beach is 2.4% ($43) higher than the national average of $1,775 per month.

How have rent prices in Myrtle Beach, SC changed recently?

The average rent in Myrtle Beach has increased by 0.3% ($5) in the last month and decreased by 6.0% ($116) over the past year.

How competitive is the rental market in Myrtle Beach, SC?

The rental market in Myrtle Beach, SC, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Myrtle Beach, SC?

In Myrtle Beach, SC, the average rental stays on the market for approximately 33 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Myrtle Beach, SC?

There are currently 204 rental properties available in Myrtle Beach, SC.

Can I afford to rent an apartment in Myrtle Beach, SC?

Based on the current averages, a household would need an annual income of $63,040 to comfortably afford a 2-bedroom apartment in Myrtle Beach.