salaryRent is higher than in 60% of U.S. cities. A typical house costs about 4.4 years of household income. Most homes (86%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $73,680 a year. That is $35 an hour at a full-time job.
Is rent cheaper than other South Carolina cities?
No. Rent here is more expensive than in most of South Carolina. It is number 84 of 101 cities from cheapest to most expensive.
How much do households earn in Murrells Inlet?
Share of households by yearly income. 32.0% of households earn $100,000 or more.
Rent by apartment size in Murrells Inlet
| Size | Murrells Inlet | U.S. average |
|---|---|---|
| 1 bedroom | $1,286 | $1,324 |
| 2 bedrooms | $1,767 | $1,509 |
| 3 bedrooms | $1,958 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Murrells Inlet overall?
Everyday prices in South Carolina overall are 6% below the U.S. average (index 93.7, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Murrells Inlet, so the South Carolina figure is shown.
Taxes and bills in Murrells Inlet
Life in Murrells Inlet
Is it cheaper to rent or buy in Murrells Inlet?
Renting is cheaper right now: about $698 a month less.
Owning assumes a typical $366,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $36,600 for the down payment.
Frequently asked questions
What is the average rent in Murrells Inlet, SC?
Renting in Murrells Inlet costs a median of about $1,842 a month in 2026, including utilities. The South Carolina median is $1,479.
How much do I need to make to live in Murrells Inlet?
To keep rent under 30% of income, you need about $73,680 a year, or $35 an hour at a full-time job.
Is Murrells Inlet cheap or expensive?
Murrells Inlet is rated OK: rent takes 26.5% of the typical household income of $83,517. It ranks 84th cheapest of 101 South Carolina cities we track.
How much are property taxes in Murrells Inlet?
The median homeowner in Murrells Inlet pays $1,376 a year in property taxes, about 0.38% of the median home value.
Is Murrells Inlet more expensive than the national average?
Overall prices in South Carolina are 6% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Murrells Inlet?
The median home value in Murrells Inlet is $366,000, about 4.4 times the typical yearly household income.
10,044 people live in Murrells Inlet. Numbers are typical (middle) values.