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

Estimate (90% margin of error)
Myrtle BeachHorry CountySouth CarolinaUnited States
Rental vacancy rate17.4% (±2.9 points)19.2% (±1.7 points)8.3% (±0.3 points)5.5%
Homeowner vacancy rate1.9% (±1.3 points)1.2% (±0.3 points)0.9% (±0.1 points)0.9%
Vacant housing units6,796 (±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

Nearest places with a published estimate, compared with Myrtle Beach
PlaceDistanceRental vacancy rateCompared with this place
Myrtle Beach—17.4% (±2.9 points)—
Carolina Forest4.2 mi10.3% (±5.4 points)Lower
Forestbrook4.8 mi12.2% (±12.9 points)Not measurably different
Socastee7.2 mi2.1% (±2.5 points)Lower
Surfside Beach8.7 mi34.9% (±10.3 points)Higher
Red Hill8.8 mi10.8% (±7.8 points)Not measurably different
Briarcliffe Acres9.6 mi0.0% (±100.0 points)Not measurably different
Garden City11 mi11.9% (±7.6 points)Not measurably different
Atlantic Beach12 mi29.4% (±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

RankPlaceRental vacancy rate
1North Myrtle Beach65.5% (±5.9 points)
2Surfside Beach34.9% (±10.3 points)
3Atlantic Beach29.4% (±15.2 points)
4Myrtle Beach17.4% (±2.9 points)
5Forestbrook12.2% (±12.9 points)
6Garden City11.9% (±7.6 points)
7Red Hill10.8% (±7.8 points)
8Carolina Forest10.3% (±5.4 points)
9Aynor8.1% (±8.9 points)
10Little River4.7% (±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

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.

Request a Census API 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 .

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