How much do homeowners pay a month in North Myrtle Beach, SC?

Homeowners with a mortgage in North Myrtle Beach, SC pay a median of $1,943 (±$206) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $642 (±$29).

47.8% of owned homes carry a mortgage.

In North Myrtle Beach, the median monthly cost with a mortgage went from $1,524 in 2015–2019 to $1,943 in 2020–2024 (+27.5%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

With a mortgage
$1,943 (±$206)
Without a mortgage
$642 (±$29)
Owned with a mortgage
47.8%

Monthly owner costs in North Myrtle Beach

Median selected monthly owner costs, estimate (90% margin of error)
North Myrtle BeachHorry CountySouth CarolinaUnited States
With a mortgage$1,943 (±$206)$1,446 (±$23)$1,529 (±$7)$1,963
Without a mortgage$642 (±$29)$481 (±$9)$448 (±$3)$638
Owned homes with a mortgage47.8% (±3.4 points)55.2% (±1.2 points)57.1% (±0.3 points)60.6%
Median real estate taxes (a year)$1,453 (±$90)$944 (±$18)$1,251 (±$7)$3,119

Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.

In North Myrtle Beach, the median cost with a mortgage is higher than in Horry County ($1,446).

It is also higher than in South Carolina ($1,529).

It is not measurably different from the national figure ($1,963).

In Horry County, North Myrtle Beach ranks 2 of 15 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 39 of 361.

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

How owner costs in North Myrtle Beach have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median owner cost with a mortgage$1,524 (±$76)$1,943 (±$206)+27.5%No measurable change after inflation
Median real estate taxes$1,044 (±$80)$1,453 (±$90)+39.2%Up after inflation
Median home value$266,200 (±$11,568)$416,900 (±$17,365)+56.6%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.

Median monthly cost with a mortgage in places near North Myrtle Beach

Nearest places with a published estimate, compared with North Myrtle Beach
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
North Myrtle Beach—$1,943 (±$206)—
Atlantic Beach1.5 mi$1,542 (±$537)Not measurably different
Briarcliffe Acres3.4 mi$2,955 (±$622)Higher
Little River5.4 mi$1,464 (±$153)Lower
Carolina Shores9.5 mi$1,357 (±$78)Lower
Calabash11 mi$1,253 (±$173)Lower
Sunset Beach12 mi$1,474 (±$284)Lower
Carolina Forest13 mi$1,510 (±$106)Lower
Myrtle Beach13 mi$1,707 (±$84)Lower

Nearby places with a measurably lower figure: Little River, SC ($1,464), Carolina Shores, NC ($1,357), Calabash, NC ($1,253).

Nearby places with a measurably higher figure: Briarcliffe Acres, SC ($2,955).

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

Median monthly cost with a mortgage across Horry County, place by place

RankPlaceMedian monthly cost with a mortgage
1Briarcliffe Acres$2,955 (±$622)
2North Myrtle Beach$1,943 (±$206)
3Surfside Beach$1,743 (±$214)
4Myrtle Beach$1,707 (±$84)
5Atlantic Beach$1,542 (±$537)
6Carolina Forest$1,510 (±$106)
7Little River$1,464 (±$153)
8Forestbrook$1,405 (±$225)

Showing 8 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 North Myrtle Beach

What is the average mortgage payment in North Myrtle Beach?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in North Myrtle Beach, SC is $1,943 (±$206) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in North Myrtle Beach?

Owners without a mortgage in North Myrtle Beach pay a median of $642 (±$29) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in North Myrtle Beach gone up?

In North Myrtle Beach, the median monthly cost with a mortgage went from $1,524 in 2015–2019 to $1,943 in 2020–2024 (+27.5%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

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 North Myrtle Beach city, South Carolina (place:51280, in state:45).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M

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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