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
| Share of income spent on rent | Myrtle Beach | Horry County | South Carolina | United 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 more | 51.9% (±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
| Myrtle Beach | Horry County | South Carolina | United States | |
|---|---|---|---|---|
| Paying 30% or more | 59.5% (±6.3 points) | 52.0% (±2.8 points) | 52.1% (±0.8 points) | 51.1% |
| Paying 35% or more | 51.9% (±5.7 points) | 43.7% (±2.4 points) | 42.8% (±0.7 points) | 41.9% |
| Median share of income | 36.1% (±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
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Myrtle Beach | — | 59.5% (±6.3 points) | — |
| Carolina Forest | 4.2 mi | 40.7% (±8.7 points) | Lower |
| Forestbrook | 4.8 mi | 17.9% (±34.1 points) | Lower |
| Socastee | 7.2 mi | 43.6% (±12.2 points) | Lower |
| Surfside Beach | 8.7 mi | 50.2% (±16.7 points) | Not measurably different |
| Red Hill | 8.8 mi | 36.0% (±13.0 points) | Lower |
| Briarcliffe Acres | 9.6 mi | 16.7% (±116.8 points) | Not measurably different |
| Garden City | 11 mi | 33.1% (±12.7 points) | Lower |
| Atlantic Beach | 12 mi | 88.1% (±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
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Atlantic Beach | 88.1% (±36.6 points) |
| 2 | North Myrtle Beach | 64.0% (±14.5 points) |
| 3 | Aynor | 60.0% (±26.6 points) |
| 4 | Myrtle Beach | 59.5% (±6.3 points) |
| 5 | Little River | 54.5% (±13.4 points) |
| 6 | Conway | 52.1% (±12.0 points) |
| 7 | Surfside Beach | 50.2% (±16.7 points) |
| 8 | Socastee | 43.6% (±12.2 points) |
| 9 | Carolina Forest | 40.7% (±8.7 points) |
| 10 | Loris | 39.5% (±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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Myrtle Beach city, South Carolina
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Myrtle Beach city, South Carolina
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Myrtle Beach city, South Carolina
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.
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 .
Related
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- Renters and owners in Myrtle Beach
- Income and affordability in Myrtle Beach
- Home values in Myrtle Beach
- Homeowner costs in Myrtle Beach
- Property taxes in Myrtle Beach
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- 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 rent burden
- Housing data for every place in South Carolina