House Charts

Myrtle Beach, SC Housing Market: Home Prices & Rent

Updated September 2026 data · metro area
Myrtle Beach, SC home values are up 0.6% over the past year, to a typical $340k - 3% below the May 2024 peak. Typical rent is $1,722 a month (+2.3% in a year).
Typical home value
$340k
+0.6% (+$1,949) in 12 months
From the peak
-3%
Peak $350k, May 2024
Since Dec 2019
+53%
from $222k
Typical rent
$1,722/mo
+2.3% in 12 months
Income needed to buy
$87k/yr
20% down, 30% of income
Days to go under contract
94
September 2026

Myrtle Beach, SC home values since 2000

$200k$300k2001200520092013201720212025Peak $350k (May 2024)Now $340k

Last few years

$200k$250k$300k$350k20192020202120222023202420252026Peak $350k (May 2024)Now $340k

Rent in Myrtle Beach, SC

$1,000$1,200$1,400$1,600$1,800201520172019202120232025Now $1,722

Owning vs renting, monthly

Buying the typical Myrtle Beach, SC home with 20% down at this week's 7.32% 30-year rate costs about $2,292/month (principal, interest plus ~1.5% a year for tax and insurance) vs $1,722/month typical rent.

Rate: Freddie Mac, week of Oct 22, 2026. Estimate for comparison only.

Myrtle Beach, SC vs South Carolina vs the U.S.

Typical home12-month changeTypical rent
This metro$340k+0.6%$1,722/mo
South Carolina$304k+0.9%-
United States$366k+1.2%$1,932/mo

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Common questions

Are home prices falling in Myrtle Beach, SC?

No - the typical Myrtle Beach, SC-area home value is up 0.6% over the past 12 months, at $340k (September 2026). Values are 3% below their May 2024 peak of $350k.

Is the Myrtle Beach, SC housing market crashing?

Home values are 3% below their May 2024 peak and up 0.6% over the past year - a rising market, not a sudden collapse. Whether that continues isn't knowable from the data - this page updates every month when new figures come out.

How much is rent in Myrtle Beach, SC?

Typical rent in the Myrtle Beach, SC metro is $1,722 a month (September 2026), +2.3% over 12 months.

How much income do you need to buy a home in Myrtle Beach, SC?

About $87k a year to afford the typical home with 20% down, spending no more than 30% of income on housing (September 2026).

Nearby and similar metros

Greenville, SC · Columbia, SC · Charleston, SC · Savannah, GA · Sioux Falls, SD · Rochester, MN · Palm Bay, FL

Sources: Data Provided by Zillow Group (Zillow Home Value Index and Zillow Observed Rent Index, September 2026; income needed and listing data). 30-year mortgage rate: Freddie Mac PMMS. Figures are for the Myrtle Beach, SC metro area. How we calculate.