What is the rental vacancy rate in North Myrtle Beach, SC?

The rental vacancy rate in North Myrtle Beach, SC is 65.5% (±5.9 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 2.8% (±1.9 points).

17,641 (±581) homes, 63.9% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In North Myrtle Beach, the rental vacancy rate went from 80.8% in 2015–2019 to 65.5% in 2020–2024 (−15.3 percentage points), a measurable decrease.

Figures last updated on .

Rental vacancy rate
65.5% (±5.9 points)
Homeowner vacancy rate
2.8% (±1.9 points)
Vacant homes
17,641 (±581)

Vacancy in North Myrtle Beach against Horry County, its state and the nation

Estimate (90% margin of error)
North Myrtle BeachHorry CountySouth CarolinaUnited States
Rental vacancy rate65.5% (±5.9 points)19.2% (±1.7 points)8.3% (±0.3 points)5.5%
Homeowner vacancy rate2.8% (±1.9 points)1.2% (±0.3 points)0.9% (±0.1 points)0.9%
Vacant housing units17,641 (±581)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 North Myrtle Beach, the rental vacancy rate is higher than in 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 North Myrtle Beach

Nearest places with a published estimate, compared with North Myrtle Beach
PlaceDistanceRental vacancy rateCompared with this place
North Myrtle Beach—65.5% (±5.9 points)—
Atlantic Beach1.5 mi29.4% (±15.2 points)Lower
Briarcliffe Acres3.4 mi0.0% (±100.0 points)Not measurably different
Little River5.4 mi4.7% (±5.2 points)Lower
Carolina Shores9.5 mi0.0% (±26.0 points)Lower
Calabash11 mi18.4% (±24.3 points)Lower
Sunset Beach12 mi67.0% (±15.7 points)Not measurably different
Carolina Forest13 mi10.3% (±5.4 points)Lower
Myrtle Beach13 mi17.4% (±2.9 points)Lower

Nearby places with a measurably lower figure: Atlantic Beach, SC (29.4%), Little River, SC (4.7%), Carolina Shores, NC (0.0%).

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)

Showing 7 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

Is it hard to find a rental in North Myrtle Beach?

The rental vacancy rate in North Myrtle Beach, SC is 65.5% (±5.9 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 North Myrtle Beach tighter than it was?

In North Myrtle Beach, the rental vacancy rate went from 80.8% in 2015–2019 to 65.5% in 2020–2024 (−15.3 percentage points), a measurable decrease.

How many homes are vacant in North Myrtle Beach?

An estimated 17,641 (±581) housing units, 63.9% 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 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 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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