What is the median rent in Myrtle Beach, SC?
The median gross rent in Myrtle Beach, SC is $1,261 (±$77) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 6,810 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Myrtle Beach, the median gross rent went from $913 in 2015–2019 to $1,261 in 2020–2024 (+38.1%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median gross rent
- $1,261 (±$77)
- Rented homes
- 6,810 (±626)
- $2,000 or more
- 8.6%
- Since 2015–2019
- +38.1%
How much rent costs in Myrtle Beach
| Monthly gross rent | Myrtle Beach | Horry County | South Carolina | United States |
|---|---|---|---|---|
| Less than $500 | 5.3% (±2.2 points) | 5.4% | 6.8% | 6.3% |
| $500 to $999 | 27.4% (±5.1 points) | 24.4% | 29.0% | 20.2% |
| $1,000 to $1,499 | 34.2% (±5.3 points) | 35.2% | 34.9% | 28.1% |
| $1,500 to $1,999 | 24.6% (±5.2 points) | 23.4% | 18.3% | 21.1% |
| $2,000 to $2,499 | 5.6% (±3.3 points) | 8.4% | 7.0% | 12.0% |
| $2,500 to $2,999 | 0.5% (±0.5 points) | 1.5% | 2.1% | 5.5% |
| $3,000 or more | 2.5% (±1.7 points) | 1.6% | 2.0% | 6.8% |
The most common range is $1,000 to $1,499, paid by 34.2% of renting households.
8.6% of rented homes in Myrtle Beach cost $2,000 or more a month.
Myrtle Beach against Horry County, its state and the nation
| Myrtle Beach | Horry County | South Carolina | United States | |
|---|---|---|---|---|
| Median gross rent | $1,261 (±$77) | $1,255 (±$35) | $1,180 (±$9) | $1,413 |
| Rented homes paying rent | 6,810 (±626) | 33,382 (±1,516) | 544,268 (±5,517) | 42,849,984 |
In Myrtle Beach, median gross rent is not measurably different from Horry County ($1,255).
It is also higher than in South Carolina ($1,180).
It is lower than the national figure ($1,413).
In Horry County, Myrtle Beach ranks 6 of 14 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 66 of 334.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Myrtle Beach has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $913 (±$33) | $1,261 (±$77) | +38.1% | Up after inflation |
| Households that rent | 43.5% (±3.0 points) | 39.5% (±3.1 points) | −4.0 percentage points | Not a measurable change |
| Rental vacancy rate | 33.8% (±2.9 points) | 17.4% (±2.9 points) | −16.4 percentage points | Measurable decrease |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Myrtle Beach
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Myrtle Beach | — | $1,261 (±$77) | — |
| Carolina Forest | 4.2 mi | $1,668 (±$102) | Higher |
| Forestbrook | 4.8 mi | $814 (±$452) | Not measurably different |
| Socastee | 7.2 mi | $1,246 (±$101) | Not measurably different |
| Surfside Beach | 8.7 mi | $1,274 (±$214) | Not measurably different |
| Red Hill | 8.8 mi | $1,179 (±$167) | Not measurably different |
| Garden City | 11 mi | $1,472 (±$120) | Higher |
| Atlantic Beach | 12 mi | $1,083 (±$451) | Not measurably different |
| Conway | 13 mi | $866 (±$158) | Lower |
Nearby places with a measurably lower figure: Conway, SC ($866).
Nearby places with a measurably higher figure: Carolina Forest, SC ($1,668), Garden City, SC ($1,472).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Horry County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Carolina Forest | $1,668 (±$102) |
| 2 | Little River | $1,528 (±$202) |
| 3 | Garden City | $1,472 (±$120) |
| 4 | Surfside Beach | $1,274 (±$214) |
| 5 | North Myrtle Beach | $1,263 (±$117) |
| 6 | Myrtle Beach | $1,261 (±$77) |
| 7 | Socastee | $1,246 (±$101) |
| 8 | Red Hill | $1,179 (±$167) |
| 9 | Aynor | $1,160 (±$169) |
| 10 | Homewood | $1,122 (±$56) |
| 11 | Atlantic Beach | $1,083 (±$451) |
| 12 | Conway | $866 (±$158) |
Showing 12 of 14 places in Horry County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Myrtle Beach
What is the average rent in Myrtle Beach, SC?
The Census Bureau publishes the median rather than the average: the median gross rent in Myrtle Beach is $1,261 (±$77) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Myrtle Beach?
In Myrtle Beach, the median gross rent went from $913 in 2015–2019 to $1,261 in 2020–2024 (+38.1%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
How many rentals in Myrtle Beach cost more than $2,000 a month?
8.6% of rented homes in Myrtle Beach have a gross rent of $2,000 or more a month, and 5.3% cost less than $500.
Is rent in Myrtle Beach higher than in Horry County?
In Myrtle Beach, median gross rent is not measurably different from Horry County ($1,255).
It is also higher than in South Carolina ($1,180).
It is lower than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Myrtle Beach city, South Carolina
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Myrtle Beach city, South Carolina
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Myrtle Beach city, South Carolina
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Myrtle Beach city, South Carolina (place:49075, in state:45).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Homeowner costs in Myrtle Beach
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- Types of homes in Myrtle Beach
- Bedrooms in Myrtle Beach
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- Vacancy rate in Myrtle Beach
- Heating fuel in Myrtle Beach
- Commute and cars in Myrtle Beach
- Crime reported to police in Myrtle Beach
- Population growth in Myrtle Beach
- How long people stay in Myrtle Beach
- Crowding and facilities in Myrtle Beach
- South Carolina landlord and tenant rules
- Housing across Horry County
- South Carolina places ranked by median rent
- Housing data for every place in South Carolina