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These days, finding an affordable place to live in the North Myrtle Beach area can be challenging. Home prices in North Myrtle Beach are now at a median cost of $405,447, higher than the South Carolina average of $296,593.
The average cost of rent is $1,321/mo in North Myrtle Beach, primarily driven by the current value of real estate in the North Myrtle Beach area. In North Myrtle Beach, 19.67% of households rent, and 49.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in North Myrtle Beach is $6,550 per month. Households that rent pay about 20.17% of their income on rent here. North Myrtle Beach’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Atlantic Beach, SC: less expensive homes
- Briarcliffe Acres, SC: higher priced homes
- Wampee, SC: less expensive homes
- Little River, SC: less expensive homes
- Longs, SC: less expensive homes
- Ocean Forest, SC: higher priced homes
- Nixonville, SC: less expensive homes
- Calabash, NC: less expensive homes
- Carolina Shores, NC: less expensive homes
- Olyphic, NC: less expensive homes
Cities with Similar Populations
- Warrington, PA: higher priced homes
- Broomall, PA: higher priced homes
- Buckhall, VA: higher priced homes
- Buffalo, MN: less expensive homes
- Camden, SC: less expensive homes
- Cameron, NC: less expensive homes
- Campbellsville, KY: less expensive homes
- Chalmette, LA: less expensive homes
- Clarks Summit, PA: less expensive homes
- Cleveland, GA: less expensive homes
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