Cheap Apartments for Rent in the South Myrtle Beach Neighborhood of Murrells Inlet, SC from $1,000 (46 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Myrtle Beach area of Murrells Inlet.

property at 9035 Teal Dr

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550
Total Monthly Price
$1,550

3 Bedroom, 2 Bath Home for Rent

Available Apr 19

9035 Teal Dr

Murrells InletSC29576

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.

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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.

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Landing at Coventry
Rent Specials
$1,550 - $2,450
Total Monthly Price

Total Monthly Price

Base Rent
$1,550 - $2,450
Total Monthly Price
$1,550 - $2,450
1 to 3 Bedroom Apartments Available Now

Landing at Coventry

1020 Royal Tern DrMyrtle Beach, SC 29577
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The Preserve
3 Bedroom Apartments

The Preserve

250 Portsmith DrMyrtle Beach, SC 29588

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 1101 2nd Ave N

$1,350

2 Bedroom Rentals

Available Now

1101 2nd Ave N

Surfside BeachSC29575

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 331 Pickwick Dr

$1,655 - $2,145

1 To 2 Bedroom Rentals

Available Now

331 Pickwick Dr

Myrtle BeachSC29588

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 1870 Auburn Ln

$1,600 - $1,700

2 Bedroom Rentals

Available Now

1870 Auburn Ln

Surfside BeachSC29575
Showing Results 1-46, Page 1 of 1

South Myrtle Beach, Murrells Inlet, SC Local Guide

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 $1,299. Garden Grove Townhomes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,350. Here are the most affordable South Myrtle Beach apartments for rent in Myrtle Beach, SC:

Apartment ListingModel NameBed/BathPriced From
Lively Murrells InletRed Drum | StudioStudio,1BA$1,299
Garden Grove TownhomesTides2BR,1BA$1,350
The Village at Market Common1/11BR,1BA$1,500
Landing at CoventryA2-Garden City1BR,1BA$1,550
Selene at SayebrookA21BR,1BA$1,554
Swells CottagesTybee with Garage2BR,2BA$1,556
Anchor Pointe ApartmentsB12BR,2BA$1,599

Best Value Apartments for Rent in South Myrtle Beach, SC

As of April 15, 2026 the best value apartment in the South Myrtle Beach area is the $1.57 price per square foot B1 Model at Anchor Pointe Apartments in the in the Wellington neighborhood starting from $1,599. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Anchor Pointe ApartmentsB12BR,2BA$1.57
819 17th Ave N819 17th Ave N2BR,1BA$1.64
Garden Grove TownhomesTides2BR,1BA$1.67
Lively Murrells InletSpadefish | 1 Bed | 1 Bath1BR,1BA$2.08
Landing at CoventryA1 - Surfside Beach1BR,1BA$2.15
Swells CottagesTybee2BR,2BA$2.34
Selene at SayebrookA11BR,1BA$2.38
The Village at Market Common1/11BR,1BA$2.38

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick 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.

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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 $1,436 at Lively Murrells Inlet.

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 $1,350 at Garden Grove Townhomes.

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 Garden Grove Townhomes and starts from $1,625.

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

decorative image for Local Experts Guide to Affordable Neighborhoods in Myrtle Beach, SC article

Local Experts Guide to Affordable Neighborhoods in Myrtle Beach, SC

Written by: Vicki Shivers

Hey, y’all, I'm Vicki, your ApartmentHomeLiving.com Local Expert for Myrtle Beach, SC.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.