Myrtle Beach, SC Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Myrtle Beach is $1,649, a 1.22% decrease compared to the previous year, when the average rent was $1,670.
Studio Apartments at $1,302 offer the most budget-friendly option with 539 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 753 square feet for $1,463, balancing privacy and affordability.
Two-beedroom units at $1,752 offer 1,088 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,283 sq ft) for $1,968, suitable for larger households.
Average rent in Myrtle Beach, SC
Last updated: November 18, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,649 | 964 sq. ft. |
| Studio | $1,302 | 539 sq. ft. |
| 1 Bed | $1,463 | 753 sq. ft. |
| 2 Beds | $1,752 | 1,088 sq. ft. |
| 3 Beds | $1,968 | 1,283 sq. ft. |
Myrtle Beach, SC rent trends
Rental prices in Myrtle Beach, SC have decreased by 1.22% over the past year. The average rent moved from $1,670 to $1,649.
What's the typical rent budget in Myrtle Beach, SC?
The largest share of rentals in Myrtle Beach, SC (60%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Myrtle Beach, SC?
6,681 or 39% of the households in Myrtle Beach, SC are renter-occupied while 10,569 or 61% are owner-occupied.
How Myrtle Beach Compares to Other Cities
| City | Average Rent |
|---|---|
| Myrtle Beach | $1,649 |
| Charleston | $2,051 |
| Columbia | $1,472 |
| Greenville | $1,559 |
| Summerville | $1,659 |
| Spartanburg | $1,240 |
| Fort Mill | $1,676 |
| Florence | $1,194 |
| Beaufort | $1,761 |
| Aiken | $1,270 |
| Rock Hill | $1,464 |
| North Myrtle Beach | $1,687 |
| Georgetown, SC | $1,550 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Myrtle Beach apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.