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Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.

North Myrtle Beach, SC Rental Market Trends

Highlights

The average rent for an apartment in North Myrtle Beach is $1,087, a 8% increase compared to the previous year, when the average rent was $1,004.

Average Rent in North Myrtle Beach, SC

Last updated May 2020
Average Rent Y-o-Y Change Average Apartment Size
$1,087 8% 948 sq. ft.

The average size for a North Myrtle Beach, SC apartment is 948 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

North Myrtle Beach, SC Apartment Rent Ranges

  • $701-$1,00026%
  • $1,001-$1,50074%

North Myrtle Beach, SC Occupied Housing Units

  • Renter-occupied Households40%
  • Owner-occupied Households59%

3,125 or 40% of the households in North Myrtle Beach, SC are renter-occupied while 4,515 or 59% are owner-occupied.

North Myrtle Beach, SC Rent Trends

Average Rent Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 May / 2020
North Myrtle Beach, SC $844 $883 $928 $981 $981 $1,052 $1,004 $1,140 $1,091 $1,087
National $1,337 $1,368 $1,371 $1,374 $1,408 $1,417 $1,422 $1,458 $1,466 $1,468
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How North Myrtle Beach Compares to Other Cities

Average Rent Y-o-Y Change
Columbia $1,090 4%
Charleston $1,372 5%
Greenville $1,136 4%
Summerville $1,142 5%
Beaufort $1,175 2%
Town Creek $1,154 11%
Calabash $1,031 3%
Conway $1,580 -10%
Murrells Inlet $1,388 9%
Myrtle Beach $1,147 10%
North Myrtle Beach $1,087 8%

For more information about the North Myrtle Beach rental trends, check out our monthly rent report

Check out South Carolina Cities, South Carolina Neighborhoods and South Carolina Zip Codes for more details on verified listings, including the South Carolina Average Rent.

Curious about listings in your area? Check out our apartments near you for more details!

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all North Myrtle Beach apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.