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Myrtle Beach, SC

Full City Profile · South Carolina · Horry County County

2.9 /5.0
C+ Fair
37,214 Population 1,590/sq mi density
$53,679 Median Income $42,225 per capita
$347,700 Home Value $318,683 Zillow
$1,132 Median Rent 41.2% income on rent
62°F Avg Temperature 304 sunny days/yr
1,190 Violent Crime/100K 11,234 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$53,679 median income, 2.6% unemployment
B
Affordability
3.0 / 5.0
$347,700 home value, $1,132/mo rent
F
Safety
1.0 / 5.0
1,190 violent crimes/100K (213% above avg)
B+
Education
3.7 / 5.0
34.1% bachelor's degree or higher

Housing Overview

Median Home Value
$347,700
23% above
US avg: $281,900
Median Rent
$1,132/mo
3% below
US avg: $1,163/mo
Homeownership Rate
61.3%
6% below US avg (65.4%)
Total Housing Units
24,185
Median year built: 1990

Home Value by Source

Census Median
$347,700
Zillow (ZHVI)
$318,683
Median Sale Price
$190,000
Median List Price
$249,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

61.3%
Owner-Occupied
38.7%
Renter-Occupied
61%
39%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$928/mo
1 Bedroom
$982/mo
2 Bedroom
$1,155/mo
3 Bedroom
$1,450/mo
4 Bedroom
$1,699/mo
Census median rent: $1,132/mo · Zillow rent: $1,675/mo

Market Indicators (Redfin)

Median Days on Market
112 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
159
Price Drops
19.2%
of listings with price reduction
Price Per Sq Ft
$231
Active Inventory
1,440
homes for sale

Affordability & Housing Stock

Rent Burden
41.2%
of renters spending 30%+ of income on housing
33% above US avg (31.0%)
Median Year Built
1990
Average age of housing stock: 36 years
Homeownership Rate
61.3%

Complete Housing Data

Home Values

Census Median Value$347,700
Zillow Home Value (ZHVI)$318,683
Median Sale Price$190,000
Median List Price$249,000
Price Per Sq Ft$231

Rent

Census Median Rent$1,132
Zillow Rent (ZORI)$1,675
FMR Studio$928
FMR 1-Bedroom$982
FMR 2-Bedroom$1,155
FMR 3-Bedroom$1,450
FMR 4-Bedroom$1,699

Market

Days on Market112
Sale-to-List Ratio0.9%
Price Drops19.2%
Homes Sold159
Active Inventory1,440
Price Per Sq Ft$231

Ownership & Stock

Owner-Occupied61.3%
Renter-Occupied38.7%
Homeownership Rate61.3%
Total Housing Units24,185
Median Year Built1990
Rent Burden41.2%