Property Prices in Myrtle Beach, SC, United States

Index Info
Price to Income Ratio: 3.85
Mortgage as Percentage of Income: 34.40%
Loan Affordability Index: 2.91
Price to Rent Ratio - City Centre: 8.01
Price to Rent Ratio - Outside of Centre: 7.73
Gross Rental Yield (City Centre): 12.48%
Gross Rental Yield (Outside of Centre): 12.94%
Rent Per Month
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1 Bedroom Apartment in City Centre 1,412.50 $ 1,200.00-1,800.00
1 Bedroom Apartment Outside of City Centre 1,475.00 $ 1,200.00-1,800.00
3 Bedroom Apartment in City Centre 2,425.00 $ 2,200.00-3,000.00
3 Bedroom Apartment Outside of City Centre 2,150.00 $ 1,900.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 224.65 $ 215.00-231.98
Price per Square Feet to Buy Apartment Outside of Centre 211.31 $ 175.00-231.98
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,044.44 $
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.47 6.19-6.70

These data are based on 42 entries from 9 contributors over the past 18 months.
Last update: 24 October 2025

Sources and References
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