Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Murrells Inlet area can be challenging. Home prices in Murrells Inlet are now at a median cost of $332,062, higher than the South Carolina average of $233,397.
The average cost of rent is $1,420/mo in Murrells Inlet, primarily driven by the current value of real estate in the Murrells Inlet area. While nearly 39.89% of residents own their homes outright in Murrells Inlet, 10.63% rent.
Housing affordability isn’t just about home prices, though. The average household income in Murrells Inlet is $6,551 per month. Households that rent pay about 21.67% of their income on rent here. Murrells Inlet's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
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- Pawleys Island, SC: equally priced homes
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- Yauhannah, SC: less expensive homes
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- Kensington, SC: less expensive homes
Cities with Similar Populations
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- Soledad, CA: higher priced homes
- Soddy-Daisy, TN: less expensive homes
- Sidney, OH: less expensive homes
- Shirley, NY: less expensive homes
- Selden, NY: equally priced homes
- Hartsville, SC: less expensive homes
- Harleysville, PA: higher priced homes
- Harbor City, CA: higher priced homes
- Grayson, GA: less expensive homes
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