What is the rental vacancy rate in Myrtle Beach, SC?
The rental vacancy rate in Myrtle Beach, SC is 17.4% (±2.9 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 1.9% (±1.3 points).
6,796 (±457) homes, 27.8% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Myrtle Beach, the rental vacancy rate went from 33.8% in 2015–2019 to 17.4% in 2020–2024 (−16.4 percentage points), a measurable decrease.
Figures last updated on .
- Rental vacancy rate
- 17.4% (±2.9 points)
- Homeowner vacancy rate
- 1.9% (±1.3 points)
- Vacant homes
- 6,796 (±457)
Vacancy in Myrtle Beach against Horry County, its state and the nation
| Myrtle Beach | Horry County | South Carolina | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 17.4% (±2.9 points) | 19.2% (±1.7 points) | 8.3% (±0.3 points) | 5.5% |
| Homeowner vacancy rate | 1.9% (±1.3 points) | 1.2% (±0.3 points) | 0.9% (±0.1 points) | 0.9% |
| Vacant housing units | 6,796 (±457) | 58,640 (±1,607) | 325,050 (±5,753) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Myrtle Beach, the rental vacancy rate is not measurably different from Horry County (19.2%).
It is also higher than in South Carolina (8.3%).
It is higher than the national figure (5.5%).
Rental vacancy rate in places near Myrtle Beach
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Myrtle Beach | — | 17.4% (±2.9 points) | — |
| Carolina Forest | 4.2 mi | 10.3% (±5.4 points) | Lower |
| Forestbrook | 4.8 mi | 12.2% (±12.9 points) | Not measurably different |
| Socastee | 7.2 mi | 2.1% (±2.5 points) | Lower |
| Surfside Beach | 8.7 mi | 34.9% (±10.3 points) | Higher |
| Red Hill | 8.8 mi | 10.8% (±7.8 points) | Not measurably different |
| Briarcliffe Acres | 9.6 mi | 0.0% (±100.0 points) | Not measurably different |
| Garden City | 11 mi | 11.9% (±7.6 points) | Not measurably different |
| Atlantic Beach | 12 mi | 29.4% (±15.2 points) | Not measurably different |
Nearby places with a measurably lower figure: Carolina Forest, SC (10.3%), Socastee, SC (2.1%).
Nearby places with a measurably higher figure: Surfside Beach, SC (34.9%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Horry County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | North Myrtle Beach | 65.5% (±5.9 points) |
| 2 | Surfside Beach | 34.9% (±10.3 points) |
| 3 | Atlantic Beach | 29.4% (±15.2 points) |
| 4 | Myrtle Beach | 17.4% (±2.9 points) |
| 5 | Forestbrook | 12.2% (±12.9 points) |
| 6 | Garden City | 11.9% (±7.6 points) |
| 7 | Red Hill | 10.8% (±7.8 points) |
| 8 | Carolina Forest | 10.3% (±5.4 points) |
| 9 | Aynor | 8.1% (±8.9 points) |
| 10 | Little River | 4.7% (±5.2 points) |
Showing 10 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.
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Questions about Myrtle Beach
Is it hard to find a rental in Myrtle Beach?
The rental vacancy rate in Myrtle Beach, SC is 17.4% (±2.9 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Myrtle Beach tighter than it was?
In Myrtle Beach, the rental vacancy rate went from 33.8% in 2015–2019 to 17.4% in 2020–2024 (−16.4 percentage points), a measurable decrease.
How many homes are vacant in Myrtle Beach?
An estimated 6,796 (±457) housing units, 27.8% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 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
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 DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
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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- South Carolina landlord and tenant rules
- Housing across Horry County
- South Carolina places ranked by rental vacancy rate
- Housing data for every place in South Carolina