What percentage of people rent in Myrtle Beach, SC?
39.5% (±3.1 points) of the occupied homes in Myrtle Beach, SC are rented (2020–2024 American Community Survey).
That is 6,960 renting households against 10,663 that own their home.
In Myrtle Beach, the share of households that rent went from 43.5% in 2015–2019 to 39.5% in 2020–2024 (−4.0 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 39.5% (±3.1 points)
- Renting households
- 6,960 (±627)
- Median renter income
- $39,284 (±$5,346)
Who rents and who owns in Myrtle Beach
| Myrtle Beach | Horry County | South Carolina | United States | |
|---|---|---|---|---|
| Renter-occupied share | 39.5% (±3.1 points) | 22.7% (±1.0 points) | 28.1% (±0.3 points) | 34.8% |
| Renting households | 6,960 (±627) | 36,099 (±1,536) | 595,868 (±5,739) | 45,017,354 |
| Owning households | 10,663 (±644) | 122,680 (±2,010) | 1,522,121 (±8,375) | 84,210,142 |
| Average renter household size | 2.3 (±0.2) | 2.5 (±0.1) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.1 (±0.1) | 2.3 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $39,284 (±$5,346) | $47,911 (±$2,932) | $43,796 (±$694) | $52,966 |
| Median owner household income | $81,509 (±$8,163) | $73,509 (±$1,937) | $82,205 (±$598) | $100,009 |
In Myrtle Beach, the renter share is higher than in Horry County (22.7%).
It is also higher than in South Carolina (28.1%).
It is higher than the national figure (34.8%).
In Horry County, Myrtle Beach ranks 3 of 15 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 127 of 381.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Myrtle Beach has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 43.5% (±3.0 points) | 39.5% (±3.1 points) | −4.0 percentage points | Not a measurable change |
| Median gross rent | $913 (±$33) | $1,261 (±$77) | +38.1% | Up after inflation |
| Median household income | $43,200 (±$2,159) | $60,394 (±$3,850) | +39.8% | Up after inflation |
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.
Households that rent in places near Myrtle Beach
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Myrtle Beach | — | 39.5% (±3.1 points) | — |
| Carolina Forest | 4.2 mi | 30.4% (±3.6 points) | Lower |
| Forestbrook | 4.8 mi | 8.5% (±4.6 points) | Lower |
| Socastee | 7.2 mi | 34.1% (±4.9 points) | Not measurably different |
| Surfside Beach | 8.7 mi | 32.5% (±7.4 points) | Not measurably different |
| Red Hill | 8.8 mi | 25.5% (±4.7 points) | Lower |
| Briarcliffe Acres | 9.6 mi | 5.9% (±6.6 points) | Lower |
| Garden City | 11 mi | 14.6% (±3.8 points) | Lower |
| Atlantic Beach | 12 mi | 76.7% (±12.4 points) | Higher |
Nearby places with a measurably lower figure: Carolina Forest, SC (30.4%), Forestbrook, SC (8.5%), Red Hill, SC (25.5%).
Nearby places with a measurably higher figure: Atlantic Beach, SC (76.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Horry County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Atlantic Beach | 76.7% (±12.4 points) |
| 2 | Loris | 44.3% (±13.5 points) |
| 3 | Myrtle Beach | 39.5% (±3.1 points) |
| 4 | Homewood | 36.5% (±21.2 points) |
| 5 | Conway | 34.6% (±5.3 points) |
| 6 | Socastee | 34.1% (±4.9 points) |
| 7 | Surfside Beach | 32.5% (±7.4 points) |
| 8 | Carolina Forest | 30.4% (±3.6 points) |
| 9 | Red Hill | 25.5% (±4.7 points) |
Showing 9 of 15 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.
What you can do on Seayora in Myrtle Beach
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Myrtle Beach, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Myrtle Beach beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Myrtle Beach, and send estimates and invoices from your phone.
Questions about Myrtle Beach
How many renters are there in Myrtle Beach?
Myrtle Beach has an estimated 6,960 (±627) renting households, 39.5% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Myrtle Beach?
In Myrtle Beach, the share of households that rent went from 43.5% in 2015–2019 to 39.5% in 2020–2024 (−4.0 percentage points), not a measurable change.
How big are renting households in Myrtle Beach?
A renting household in Myrtle Beach has 2.3 people on average, against 2.1 in an owned home.
How much do renters earn in Myrtle Beach?
The median renting household in Myrtle Beach, SC has an income of $39,284 (±$5,346) a year, against $81,509 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 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
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Myrtle Beach city, South Carolina
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Myrtle Beach city, South Carolina
- Median Household Income (B19013), 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) 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 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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
- Housing in Myrtle Beach at a glance
- Median rent in Myrtle Beach
- Rent by bedrooms in Myrtle Beach
- Rent burden in Myrtle Beach
- Income and affordability in Myrtle Beach
- Home values in Myrtle Beach
- Homeowner costs in Myrtle Beach
- Property taxes in Myrtle Beach
- Types of homes in Myrtle Beach
- Bedrooms in Myrtle Beach
- Age of homes in Myrtle Beach
- 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 share of renters
- Housing data for every place in South Carolina