Myrtle Beach housing market
Typical home value
$340K
▲ 0.6% 1 yr
Typical rent
$1,722/mo
▲ 2.3% 1 yr
12-month forecast
+1.2%
#371 of 546 metros
Gross rent yield
6.1%
#246 of 546 · U.S. 6.3%
Days to pending
94 days
▼ −2 days 1 yr
Listings with a price cut
29%
▲ +0.5 pts 1 yr
Key takeaways
- 1The typical home is worth $339,738, up 0.6% in a year and up 22% over five years.
- 2Zillow forecasts home values rising 1.2% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,722/mo (+2.3% YoY), a 6.1% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $1,867/mo in principal and interest, $145 more than renting.
- 5Homes go under contract in 94 days (−2 days vs last year); 29% of listings have had a price cut.
Market temperature
Strong buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 27/100, #480 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Myrtle Beach compares
| Measure | Myrtle Beach | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +0.6% | +1.2% | #401 |
| Home value, 5-yr change | +21.7% | +19.7% | |
| 12-month forecast | +1.2% | +1.1% | #371 |
| Rent, 1-yr change | +2.3% | +2.7% | #378 |
| Gross rent yield | 6.1% | 6.3% | #246 |
| Price-to-rent ratio | 16.4 | 15.8 | |
| Mortgage P&I on typical home | $1,867 | $2,012 | |
| Income needed to buy | $87,296 | $100,902 | |
| Days to pending | 94 | 56 |
Cities in the Myrtle Beach metro
6 cities with home value and rent data.
| Myrtle Beach | $323K | ▲ 0.5% | $1,697 | ▲ 0.5% | 6.3% |
| Conway | $288K | ▲ 0.3% | $1,826 | ▲ 2.2% | 7.6% |
| Little River | $323K | ■ 0.0% | $1,569 | ▼ 2.8% | 5.8% |
| Leland | $383K | ▼ 0.4% | $1,697 | ▲ 4.0% | 5.3% |
| Surfside Beach | $360K | ▲ 2.6% | $1,612 | ▲ 3.7% | 5.4% |
| North Myrtle Beach | $394K | ▲ 1.0% | $1,913 | ▲ 11.2% | 5.8% |
Run the numbers
Rental property calculator
Cash flow on a typical Myrtle Beach rental ($340K, $1,722/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Myrtle Beach home.
Rent vs buy
Is it cheaper to rent or buy in Myrtle Beach?
Other South Carolina metros
Greenville, SC
$312K home$1,566 rent6.0% yield
▲ 1.4% 1 yr
Columbia, SC
$253K home$1,557 rent7.4% yield
▲ 1.6% 1 yr
Charleston, SC
$437K home$2,037 rent5.6% yield
▼ 0.2% 1 yr
Spartanburg, SC
$275K home$1,475 rent6.4% yield
▲ 1.1% 1 yr
Hilton Head Island, SC
$522K home$1,971 rent4.5% yield
▲ 0.7% 1 yr
Florence, SC
$193K home$1,516 rent9.4% yield
▲ 5.5% 1 yr
Sumter, SC
$200K home$1,467 rent8.8% yield
▲ 0.9% 1 yr
Orangeburg, SC
$163K home$1,180 rent8.7% yield
▲ 4.7% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.