Rent is lower than in 55% of U.S. cities. A typical house costs about 6.0 years of household income. Commutes are short, about 17.7 minutes.
How much money do I need?
To rent here comfortably, you should earn about $61,520 a year. That is $30 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 57 of 101 cities from cheapest to most expensive.
How much do households earn in Myrtle Beach?
Share of households by yearly income. 21.1% of households earn $100,000 or more.
Rent by apartment size in Myrtle Beach
| Size | Myrtle Beach | U.S. average |
|---|---|---|
| Studio | $1,069 | $1,338 |
| 1 bedroom | $1,356 | $1,324 |
| 2 bedrooms | $1,275 | $1,509 |
| 3 bedrooms | $1,449 | $1,698 |
| 4 bedrooms | $1,919 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Myrtle Beach overall?
Everyday prices in the Myrtle Beach-Conway-North Myrtle Beach metro area are 6% below the U.S. average (index 93.6, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.
Taxes and bills in Myrtle Beach
Life in Myrtle Beach
What jobs pay in Myrtle Beach
| Job | Median pay | Rent / pay |
|---|---|---|
| Pharmacist | $135,410 | 13.6% |
| Physician Assistant | $125,700 | 14.7% |
| Nurse Practitioner | $121,390 | 15.2% |
| Lawyer | $118,950 | 15.5% |
| Civil Engineer | $90,150 | 20.5% |
| Operations Manager | $87,260 | 21.2% |
| Computer Systems Analyst | $83,760 | 22.0% |
| Dental Hygienist | $80,900 | 22.8% |
| Registered Nurse | $80,640 | 22.9% |
| Accountant | $74,520 | 24.8% |
| Police Officer | $62,070 | 29.7% |
| Licensed Practical Nurse | $58,930 | 31.3% |
| Market Research Analyst | $57,840 | 31.9% |
| HVAC Technician | $54,230 | 34.0% |
| Electrician | $51,200 | 36.0% |
| Plumber | $48,340 | 38.2% |
| Carpenter | $47,750 | 38.7% |
| Truck Driver | $46,360 | 39.8% |
| Firefighter | $45,890 | 40.2% |
| Medical Assistant | $38,950 | 47.4% |
| Nursing Assistant | $36,520 | 50.5% |
| Customer Service Representative | $36,510 | 50.6% |
| Warehouse Worker | $35,530 | 51.9% |
| Restaurant Cook | $35,190 | 52.4% |
| Retail Salesperson | $29,320 | 62.9% |
| Cashier | $27,850 | 66.3% |
| Server (Waiter/Waitress) | $17,350 | 106.4% |
Is it cheaper to rent or buy in Myrtle Beach?
Renting is cheaper right now: about $1,160 a month less.
Owning assumes a typical $388,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $38,880 for the down payment.
Frequently asked questions
What is the average rent in Myrtle Beach, SC?
Renting in Myrtle Beach costs a median of about $1,538 a month in 2026, including utilities. The South Carolina median is $1,479.
How much do I need to make to live in Myrtle Beach?
To keep rent under 30% of income, you need about $61,520 a year, or $30 an hour at a full-time job.
Is Myrtle Beach cheap or expensive?
Myrtle Beach is rated OK: rent takes 28.3% of the typical household income of $65,135. It ranks 57th cheapest of 101 South Carolina cities we track.
How much are property taxes in Myrtle Beach?
The median homeowner in Myrtle Beach pays $1,209 a year in property taxes, about 0.31% of the median home value.
Is Myrtle Beach more expensive than the national average?
Overall prices in the metro area are 6% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Myrtle Beach?
The median home value in Myrtle Beach is $388,800, about 6.0 times the typical yearly household income.
38,371 people live in Myrtle Beach. Numbers are typical (middle) values.