Cheap Apartments for Rent in Myrtle Beach, SC from $500 (47 Rentals)

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

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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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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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 2406 N Ocean Blvd

2406 N Ocean Blvd

Myrtle BeachSC29577
property at 1700 N Ocean Blvd

1700 N Ocean Blvd

Myrtle BeachSC29577
property at 5556 N Ocean Blvd

5556 N Ocean Blvd

Myrtle BeachSC29577

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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Eastwood Commons
2 Bedroom Apartments

Eastwood Commons

6100 Frontage RdMyrtle Beach, SC 29577
  • Utilities Included
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Ocean Escape Condos
2 to 3 Bedroom Apartments

Ocean Escape Condos

1400 S Ocean BlvdMyrtle Beach, SC 29577

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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The Preserve
3 Bedroom Apartments

The Preserve

250 Portsmith DrMyrtle Beach, SC 29588
Showing Results 1-47, Page 1 of 1

Myrtle Beach, SC Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Myrtle Beach, SC

Pricing Updated: 10/29/2025

Current apartment rentals in the Myrtle Beach, SC area range in price from $850 to $4,000 with an overall median price of $2,616. The three Myrtle Beach neighborhoods with the lowest median rent pricing are Park West at $1,000, Walkers Woods at $950, and Coldstream Cove at $1,100. 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
Park West$2,222$1,00054
Walkers Woods$2,274$95093
Coldstream Cove$2,300$1,10026
Kiskadee Parke$2,450$1,20055
Wellington$2,525$90047
Fox Horn$2,600$1,20081
South Myrtle Beach$2,649$90097
Palmetto Glen - PineCrest$2,649$90061
Downtown Myrtle Beach$3,000$85082
Linksbrook$3,500$1,35037

Cheapest Available Myrtle Beach Apartments for Rent

 

The cheapest available apartment rental in Myrtle Beach, SC is a 1 Bed unit found at Claypond Commons in the Fox Horn neighborhood priced from $987. Canterbury Apartments in the Kiskadee Parke neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $993. Here is today’s list of the most affordable Myrtle Beach apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Claypond CommonsThe Waterway1BR,1BA$987
Canterbury ApartmentsBeach Chic StudioStudio,1BA$993
300 10th Ave NStudioStudio,1BA$999
River Landing1 Bedroom Reno 6851BR,1BA$1,121
Lively at Grande DunesThe RivieraStudio,1BA$1,123
The Edge ApartmentsStudioStudio,1BA$1,150
GRANDVIEW AT CLEAR POND APARTMENTS1 Bedroom1BR,1BA$1,190
Cape LandingThe Cape1BR,1BA$1,195
2711 S Ocean BlvdThree Bed Suite1BR,2BA$1,199
The Cloisters Apartments1Bed/1Bath1BR,1BA$1,200

Best Value Apartments for Rent in Myrtle Beach, SC

As of October 29, 2025 the best value apartment in the Myrtle Beach area is the $1.17 price per square foot Aisle Model at The Grove at Village Oaks in the starting from $2,245. The second greatest value Myrtle Beach apartment is the D1 Model at Springs at Arcadia starting at $2,323 with a $1.31 price per square foot in the Palmetto Glen - PineCrest neighborhood. 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.
The Grove at Village OaksAisle4BR,2.5BA$1.17
Springs at ArcadiaD14BR,2BA$1.31
Bell's Lake TownesMagnolia3BR,2.5BA$1.30
The Palmer at Carolina Forest3 Bedroom3BR,2BA$1.43
ABODE Carolina ForestCORA2BR,2.5BA$1.40
Reserve at Ridgewood PlantationTHREE BEDROOM - RENOVATED3BR,2BA$1.22
HAVEN POINTE AT CAROLINA FORESTTriton3BR,2BA$1.37
6505 Hawthorne Ln6505 Hawthorne Ln3BR,2BA$1.33
Cloisters At Carolina ForestB22BR,2BA$1.38
The Collins Apartment HomesTwo Bedroom Two Bathroom +2BR,2BA$1.40

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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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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.

Pet Friendly Lifestyle
Myrtle Beach, SC

Ranked #10

Among cities in South Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Myrtle Beach, SC Rentals by Map

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See the most popular apartments and homes in Myrtle Beach, SC

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Getting Around Myrtle Beach, SC

Walk Score®

47 / 100

Car-Dependent

Most errands require a car

Bike Score®

51 / 100

Bikeable

Some bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Myrtle Beach, SC Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

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 the Cheapest Studio apartment in Myrtle Beach?

Currently the most affordable Cheap Studio Apartment in Myrtle Beach is at Canterbury Apartments listed at $993.

How much is rent for a Cheap One Bedroom Myrtle Beach Apartment?

The lowest price for a Cheap One Bedroom Myrtle Beach Apartment is $987 at Claypond Commons.

What is the lowest price for a Cheap Two Bedroom Myrtle Beach Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Myrtle Beach is starting from $1,112 at Claypond Commons.

What is the most affordable Myrtle Beach Three Bedroom Apartment?

The best deal on a cheap Myrtle Beach Three Bedroom Apartment rental is at The Pointe at Myrtle Beach and starts from $1,275.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.