Expensive
Affordable
Affordable
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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 $371,541, higher than the South Carolina average of $296,593.
The average cost of rent is $1,569/mo in Murrells Inlet, primarily driven by the current value of real estate in the Murrells Inlet area. In Murrells Inlet, 10.94% of households rent, and 42.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Murrells Inlet is $6,773 per month. Households that rent pay about 23.16% of their income on rent here. Murrells Inlet’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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- Soledad, CA: higher priced homes
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