Cheap Apartments for Rent in Myrtle Beach, SC from $500 (104 Rentals)

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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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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

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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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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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: 12/13/2025

Current apartment rentals in the Myrtle Beach, SC area range in price from $850 to $13,582 with an overall median price of $2,664. The three Myrtle Beach neighborhoods with the lowest median rent pricing are Downtown Myrtle Beach at $850, Palmetto Glen - PineCrest at $1,125, and Wellington at $1,125. 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$1,683$850127
Palmetto Glen - PineCrest$1,749$1,125165
Wellington$1,755$1,125154
Walkers Woods$1,876$850345
Coldstream Cove$1,900$1,20017
Kiskadee Parke$2,025$884251
Park West$2,070$1,095124
Fox Horn$2,924$956302
Linksbrook$2,937$1,20022
South Myrtle Beach$7,728$1,200116

Cheapest Available Myrtle Beach Apartments for Rent

 

The cheapest available apartment rental in Myrtle Beach, SC is a Studio unit found at 300 10th Ave N in the Downtown Myrtle Beach neighborhood priced from $850. Canterbury Apartments in the Kiskadee Parke neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $956. Here is today’s list of the most affordable Myrtle Beach apartments for rent:

Apartment ListingModel NameBed/BathPriced From
300 10th Ave NStudioStudio,1BA$850
Canterbury ApartmentsBeach Chic StudioStudio,1BA$956
2711 S Ocean BlvdPool side unit2BR,1BA$999
River Landing1 Bedroom Reno 6851BR,1BA$1,094
Carolina Breeze Apartments1x1 (Breeze) Standard- Call For Availability1BR,1BA$1,100
The Edge ApartmentsStudioStudio,1BA$1,150
The Brixley at Carolina ForestStudio1BR,1BA$1,150
Seaside Grove ApartmentsTupelo1BR,1BA$1,191
Cape LandingThe Cape1BR,1BA$1,195
Willows at Grande DunesA11BR,1BA$1,197

Best Value Apartments for Rent in Myrtle Beach, SC

As of December 13, 2025 the best value apartment in the Myrtle Beach area is the $1.18 price per square foot Aisle Model at The Grove at Village Oaks in the starting from $2,282. The second greatest value Myrtle Beach apartment is the Magnolia Model at Bell's Lake Townes starting at $1,649 with a $1.13 price per square foot in the Walkers Woods 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$1.18
Bell's Lake TownesMagnolia3BR,2.5BA$1.13
The Palmer at Carolina Forest3 Bedroom3BR,2BA$1.36
Reserve at Ridgewood PlantationTHREE BEDROOM - RENOVATED3BR,2BA$1.17
The Pointe at Myrtle BeachThree Bedroom, Two Bath Condo3BR,2BA$1.29
GRANDVIEW AT CLEAR POND APARTMENTS3 Bedroom3BR,2BA$1.36
Coastal Wind TownhomesTwo Bedroom2BR,2.5BA$1.40
FlintlakeTidewater2BR,2BA$1.27
Cloisters At Carolina ForestB22BR,2BA$1.38
The Collins Apartment HomesTwo Bedroom Two Bathroom +2BR,2BA$1.40

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
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  • 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 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 $1,197.

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

The cheapest apartment in Myrtle Beach is Canterbury Apartments which is listed at $1,064, while the average apartment in Myrtle Beach costs $2,664.

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 39 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 $416 which is $2,248 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

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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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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!