How many renters in Myrtle Beach, SC pay more than 30% of their income on rent?

59.5% (±6.3 points) of renting households in Myrtle Beach, SC spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

51.9% spend 35% or more.

The median renting household spends 36.1% of its income on rent.

Figures last updated on .

Paying 30% or more
59.5% (±6.3 points)
Paying 35% or more
51.9% (±5.7 points)
Median share of income
36.1% (±3.4 points)

Rent as a share of income in Myrtle Beach

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentMyrtle BeachHorry CountySouth CarolinaUnited States
Less than 15%8.6% (±3.7 points)13.7%12.6%12.6%
15% to 19.9%9.2% (±3.1 points)11.8%12.1%12.2%
20% to 24.9%11.3% (±3.8 points)12.4%11.9%12.6%
25% to 29.9%11.6% (±4.5 points)10.1%11.4%11.5%
30% to 34.9%7.6% (±2.7 points)8.3%9.3%9.2%
35% or more51.9% (±5.7 points)43.7%42.8%41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Myrtle Beach against Horry County, its state and the nation

Estimate (90% margin of error)
Myrtle BeachHorry CountySouth CarolinaUnited States
Paying 30% or more59.5% (±6.3 points)52.0% (±2.8 points)52.1% (±0.8 points)51.1%
Paying 35% or more51.9% (±5.7 points)43.7% (±2.4 points)42.8% (±0.7 points)41.9%
Median share of income36.1% (±3.4 points)31.2% (±1.4 points)31.1% (±0.4 points)30.6%
Median renter household income$39,284 (±$5,346)$47,911 (±$2,932)$43,796 (±$694)$52,966
Median gross rent$1,261 (±$77)$1,255 (±$35)$1,180 (±$9)$1,413

In Myrtle Beach, the share of renters paying 30% or more of income is higher than in Horry County (52.0%).

It is also higher than in South Carolina (52.1%).

It is higher than the national figure (51.1%).

In Horry County, Myrtle Beach ranks 4 of 15 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 123 of 375.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Myrtle Beach

Nearest places with a published estimate, compared with Myrtle Beach
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Myrtle Beach—59.5% (±6.3 points)—
Carolina Forest4.2 mi40.7% (±8.7 points)Lower
Forestbrook4.8 mi17.9% (±34.1 points)Lower
Socastee7.2 mi43.6% (±12.2 points)Lower
Surfside Beach8.7 mi50.2% (±16.7 points)Not measurably different
Red Hill8.8 mi36.0% (±13.0 points)Lower
Briarcliffe Acres9.6 mi16.7% (±116.8 points)Not measurably different
Garden City11 mi33.1% (±12.7 points)Lower
Atlantic Beach12 mi88.1% (±36.6 points)Not measurably different

Nearby places with a measurably lower figure: Carolina Forest, SC (40.7%), Forestbrook, SC (17.9%), Socastee, SC (43.6%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Horry County, place by place

RankPlaceRenters paying 30% or more of income
1Atlantic Beach88.1% (±36.6 points)
2North Myrtle Beach64.0% (±14.5 points)
3Aynor60.0% (±26.6 points)
4Myrtle Beach59.5% (±6.3 points)
5Little River54.5% (±13.4 points)
6Conway52.1% (±12.0 points)
7Surfside Beach50.2% (±16.7 points)
8Socastee43.6% (±12.2 points)
9Carolina Forest40.7% (±8.7 points)
10Loris39.5% (±20.9 points)

Showing 10 of 15 places in Horry County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Myrtle Beach

Are renters in Myrtle Beach rent-burdened?

59.5% of renting households in Myrtle Beach pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Myrtle Beach spend on rent?

The median renting household in Myrtle Beach, SC spends 36.1% (±3.4 points) of its household income on gross rent.

Sources

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) and detailed tables (acs/acs5) 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 API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

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 .

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