Cheap Apartments for Rent in Myrtle Beach, SC from $500 (75 Rentals)

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Search the lowest-cost Apartments available for rent right now in Myrtle Beach.

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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Flintlake
Rent Specials
$1,367 - $1,716
Total Monthly Price

Total Monthly Price

Base Rent
$1,367 - $1,716
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Flintlake

650 W Flintlake CtMyrtle Beach, SC 29579
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Myrtle Beach's Best Affordable Neighborhoods

Learn about Myrtle Beach and the best places to live with original content written by our Local Expert Vicki Shivers

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Coastal Exchange
Rent Specials
$1,415 - $2,219
Total Monthly Price

Total Monthly Price

Base Rent
$1,415 - $2,219
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Coastal Exchange

5895 Arbor Isle WayMyrtle Beach, SC 29577
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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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Myrtle Beach, SC Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Myrtle Beach, SC

Pricing Updated: 07/14/2026

Current apartment rentals in the Myrtle Beach, SC area range in price from $850 to $11,836 with an overall median price of $5,492. The three Myrtle Beach neighborhoods with the lowest median rent pricing are Downtown Myrtle Beach at $850, Park West at $950, and Kiskadee Parke at $884. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Myrtle Beach Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Myrtle Beach$1,740$85096
Park West$1,920$95080
Kiskadee Parke$2,100$884143
Fox Horn$2,120$1,114181
Walkers Woods$3,000$1,000480
Palmetto Glen - PineCrest$7,500$1,17795
Wellington$7,500$1,17786
Linksbrook$8,791$1,37535
Coldstream Cove$8,967$1,37515
South Myrtle Beach$11,287$1,37591

Cheapest Available Myrtle Beach Apartments for Rent

 

The cheapest available apartment rental in Myrtle Beach, SC is a Studio unit found at Blue Palmetto in the Downtown Myrtle Beach neighborhood priced from $995. 403 14th Avenue South- in the Downtown Myrtle Beach neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here is today’s list of the most affordable Myrtle Beach apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Blue PalmettoSmall Studio - Oceanside w/BalconyStudio,1BA$995
403 14th Avenue South-1/11BR,1BA$1,100
Carolina Breeze Apartments1x1 (Breeze) Standard- Call For Availability1BR,1BA$1,100
River Landing1 Bedroom Reno 6851BR,1BA$1,108
Canterbury ApartmentsBeach Chic StudioStudio,1BA$1,114
The Edge ApartmentsStudioStudio,1BA$1,150
Claypond CommonsThe BoulevardStudio,1BA$1,157
Vinings at Carolina BaysMyrtle (A2)1BR,1BA$1,185
The Cloisters Apartments1Bed/1Bath1BR,1BA$1,200
Town Square Apartments1 Bedroom1BR,1BA$1,200

Best Value Apartments for Rent in Myrtle Beach, SC

As of July 15, 2026 the best value apartment in the Myrtle Beach area is the $1.27 price per square foot The Champion - 2BR + Den Townhome Model at Moorland Reserve Townhomes in the in the Fox Horn neighborhood starting from $1,995. The second greatest value Myrtle Beach apartment is the 4 Bedroom Model at The Palmer at Carolina Forest starting at $1,925 with a $1.27 price per square foot . Here is today’s list of the best values for Myrtle Beach apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Moorland Reserve TownhomesThe Champion - 2BR + Den Townhome2BR,2BA$1.27
The Palmer at Carolina Forest4 Bedroom4BR,2BA$1.27
Bell's Lake TownesMagnolia3BR,2.5BA$1.20
Reserve at Ridgewood PlantationTHREE BEDROOM - RENOVATED3BR,2BA$1.19
The Brixley at Carolina ForestNova3BR,3BA$1.23
Garden Grove TownhomesCoastline3BR,2BA$1.31
Building 11 at Briarcliffe CommonsBeacon2BR,2BA$1.22
810, 65th and 811-813, 66th Avenue North810, 65th and 811-813, 66th Avenue North - A22BR,2BA$1.16
FlintlakeTidewater2BR,2BA$1.30
Cloisters At Carolina ForestB12BR,2BA$1.28

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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Real 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.

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Myrtle Beach Overview

Sometimes known as the “northernmost city in Florida,” Myrtle Beach is a popular vacation destination that attracts more than 14 million visitors a year. With only 30,000 permanent residents, it’s been compared to living in a small town with big city accommodations like hospitals and transportation. According to the 2010 Census, Myrtle Beach is the ninth-fastest-growing city in the US, with a projected 7,000 new households to be added from 2012 to 2017. Apartments in Myrtle Beach can allow you to enjoy the beach bum life right by the coast, or give you a chance to retire and downsize for a simpler life in the sun.

Why live in Myrtle Beach, SC?

With its mild weather, warm waters, and endless sandy beaches, Myrtle Beach is a popular vacation spot for a reason. Why not make these things a part of your everyday life by coming here to stay? The southern charm, the history, the seafood, and the many attractions are just the tip of the iceberg of what makes Myrtle Beach such a great place to live. You may soon find that you don’t miss baking in 90 percent humidity or shoveling the snow off your driveway every winter. Instead, you’ll enjoy the vacation life year-round.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Myrtle Beach, SC Rentals by Map

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Myrtle Beach, SC Area Reviews

  • Parks
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Gianna • 2+ years in Myrtle Beach

April 23, 2026

Love it here and still live here because it is so amazing! Total must visit!

VickiLynn • 4+ years in Myrtle Beach

March 5, 2025

I have loved living in Myrtle Beach for the past 40 years. The area offers so much to see and do and the ever-changing entertainment options make it such a fun place to live. It has the perfect location on the beach, affordable living options, great schools and universities, and of course plenty of outdoor things to explore.

Frequently Asked Questions about Cheap Myrtle Beach Apartments

What is a cheap apartment in Myrtle Beach?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Myrtle Beach is under $1,200.

What is the price of a cheap apartment in Myrtle Beach?

The cheapest apartment in Myrtle Beach is Carolina Breeze Apartments which is listed at $1,100, while the average apartment in Myrtle Beach costs $5,492.

What types of apartments are the cheapest in Myrtle Beach?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 23 regular apartments in Myrtle Beach that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Myrtle Beach?

Cheap apartments in Myrtle Beach have an average cost of $201 which is $5,291 cheaper than the average rent for all rentals in Myrtle Beach.

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 Expert's Guide to Affordable Neighborhoods in Myrtle Beach, SC article

Local Expert's 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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.