
Cheap Apartments for Rent in the South Myrtle Beach Neighborhood of Murrells Inlet, SC from $1,265 (59 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Myrtle Beach area of Murrells Inlet.


104 Sunset Sq, Unit G

627 Woodmoor Dr

6308 Sweetwater Blvd

643 Woodmoor Dr

221 Addison Cottage Way

3307 Sweetwater Blvd

906 Indian Wells Ct

120 Veranda Way

6307 Sweetwater Blvd
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

160 Chenoa Dr

1100 Louise Costin Ln

Garden Manor Village

949 Jackline Pl

10909 Mcdowell Shortcut Rd

510 Fairwood Lakes Dr, Unit 19E

Sunscapes

Garden Grove Townhomes

120 N Pinewood Dr, Unit #2

1411 Turkey Ridge Rd
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

1350 McMaster Dr, Unit F

819 17th Ave N

Total Monthly Price
1025 S Hollywood Dr, Unit C

113 S Ocean Blvd, Unit 202

5905 S Kings Hwy, Unit 550

Total Monthly Price
Landing at Coventry

1460 Blue Tree Ct, Unit N

Anchor Pointe Apartments

415 10th Ave S

6462 Sweet Gum Trl
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

268 Harvest Rdg Wy

120 N Pinewood Dr, Unit #1

500 Fairway Village Dr

212 Dogwood Dr N

10 Colony Dr

The Preserve

1851 Colony Dr

319 Paddington Ct

1280 White Tree Ln

1200 5th Ave N
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

101 Ella Kinley Cir

2136 Clearwater Dr

The Village at Market Common

1880 Colony Dr

1890 Auburn Ln

239 Portsmith Dr

1920 Bent Grass Dr

3511 Crepe Myrtle Ct

1920 Bent Grass Dr

8546 Hopkins Cir
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
South Myrtle Beach, Murrells Inlet, SC Local Guide

How much does it cost to rent an apartment in South Myrtle Beach?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Myrtle Beach Studio Apartments | $1,433 | $1,334 | $1,499 |
| South Myrtle Beach 1 Bedroom Apartments | $1,641 | $1,349 | $3,712 |
| South Myrtle Beach 2 Bedroom Apartments | $2,018 | $1,415 | $6,913 |
| South Myrtle Beach 3 Bedroom Apartments | $2,927 | $1,845 | $6,152 |
| South Myrtle Beach 4 Bedroom Apartments | $7,207 | $4,836 | $9,208 |
Browse Apartments in this Neighborhood
There are currently 59 rentals with your search options within a 2 mile radius of the South Myrtle Beach Neighborhood of Murrells Inlet, SC.
See all Apartments in Murrells InletExplore Murrells Inlet
South Myrtle Beach, Murrells Inlet, SC Local Guide
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Cheapest Available South Myrtle Beach Apartments for Rent
 The cheapest available apartment rental in the South Myrtle Beach area of Myrtle Beach, SC is a Studio unit found at Lively Murrells Inlet priced from $1,334. Sunscapes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,349. Here are the most affordable South Myrtle Beach apartments for rent in Myrtle Beach, SC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lively Murrells Inlet | Red Drum | Studio | Studio,1BA | $1,334 |
| Sunscapes | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,349 |
| Selene at Sayebrook | A1 | 1BR,1BA | $1,499 |
| The Village at Market Common | 1/1 | 1BR,1BA | $1,500 |
| Landing at Coventry | A2-ADA - Garden City | 1BR,1BA | $1,550 |
| Anchor Pointe Apartments | B1 | 2BR,2BA | $1,649 |
Best Value Apartments for Rent in South Myrtle Beach, SC
As of August 29, 2026 the best value apartment in the South Myrtle Beach area is the $1.62 price per square foot B1 Model at Anchor Pointe Apartments in the in the Wellington neighborhood starting from $1,649. The second greatest value South Myrtle Beach apartment is the 819 17th Ave N Model at 819 17th Ave N starting at $1,475 with a $1.64 price per square foot in the South Myrtle Beach neighborhood. Here is today’s list of the best values for South Myrtle Beach apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Anchor Pointe Apartments | B1 | 2BR,2BA | $1.62 |
| 819 17th Ave N | 819 17th Ave N | 2BR,1BA | $1.64 |
| Landing at Coventry | A-1 Surfside Beach | 1BR,1BA | $2.15 |
| Sunscapes | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.73 |
| Lively Murrells Inlet | Flounder | 1 Bed | 1 Bath | 1BR,1BA | $1.96 |
| Selene at Sayebrook | A1 | 1BR,1BA | $2.29 |
| 1025 S Hollywood Dr, Unit Unit C | 1025 S Hollywood Dr | 2BR,1BA | $2.37 |
| The Village at Market Common | 1/1 | 1BR,1BA | $2.38 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in South Myrtle Beach, Murrells Inlet, SC
School data provided by Great Schools
Frequently Asked Questions about Cheap South Myrtle Beach Apartments
How much is rent for a Cheap One Bedroom South Myrtle Beach Apartment?
The lowest price for a Cheap One Bedroom South Myrtle Beach Apartment is $1,349 at Sunscapes.
What is the lowest price for a Cheap Two Bedroom South Myrtle Beach Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in South Myrtle Beach is starting from $1,599 at Sunscapes.
What is the most affordable South Myrtle Beach Three Bedroom Apartment?
The best deal on a cheap South Myrtle Beach Three Bedroom Apartment rental is at Sunscapes and starts from $1,845.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

From Dorm to Dream Apartment: Myrtle Beach's Top Neighborhoods for College Students
Written by: Vicki Shivers
Hey, y’all, I'm Vicki, your ApartmentHomeLiving.com Local Expert for Myrtle Beach, SC.

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.