Cheap Apartments for Rent in Myrtle Beach, SC from $500 (41 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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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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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
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The Preserve
3 Bedroom Apartments

The Preserve

250 Portsmith DrMyrtle Beach, SC 29588

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

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Myrtle Beach, SC Local Guide

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Cheapest Neighborhoods for Apartments in Myrtle Beach, SC

Pricing Updated: 01/13/2026

Current apartment rentals in the Myrtle Beach, SC area range in price from $800 to $4,995 with an overall median price of $2,549. The three Myrtle Beach neighborhoods with the lowest median rent pricing are Park West at $1,100, Walkers Woods at $1,000, and South Myrtle Beach at $800. 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$2,175$1,10069
Walkers Woods$2,300$1,00092
South Myrtle Beach$2,400$800105
Palmetto Glen - PineCrest$2,400$1,15059
Wellington$2,450$80055
Coldstream Cove$2,600$1,00026
Fox Horn$2,625$1,15098
Linksbrook$2,650$1,10036
Kiskadee Parke$2,700$1,10063
Downtown Myrtle Beach$3,195$94582

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. Patriots Way At The Beach in the Downtown Myrtle Beach neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. 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
Patriots Way At The Beach1500 Coastal Ln2BR,2BA$950
Canterbury ApartmentsBeach Chic StudioStudio,1BA$999
2711 S Ocean BlvdPool side unit2BR,1BA$999
Carolina Breeze Apartments1x1 (Breeze) Standard- Call For Availability1BR,1BA$1,000
Claypond CommonsThe BoulevardStudio,1BA$1,032
River Landing2 Bedroom Classic 9302BR,2BA$1,047
Vinings at Carolina BaysShag (A1)1BR,1BA$1,050
The Pointe at Myrtle BeachCypress1BR,1BA$1,110
The Brixley at Carolina ForestStudio1BR,1BA$1,150

Best Value Apartments for Rent in Myrtle Beach, SC

As of January 14, 2026 the best value apartment in the Myrtle Beach area is the $1.27 price per square foot 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 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.
Moorland Reserve TownhomesTownhome3BR,2BA$1.27
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
Building 11 at Briarcliffe CommonsBeacon2BR,2BA$1.22
The Veranda at Market CommonsSurf2BR,2BA$1.42
FlintlakeTidewater2BR,2BA$1.27
Cloisters At Carolina ForestB22BR,2BA$1.28
2077 Silvercrest Dr, Unit Unit C2077 Silvercrest Dr2BR,2BA$1.43
The Collins Apartment HomesTwo Bedroom Two Bathroom +2BR,2BA$1.40

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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

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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.

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

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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 300 10th Ave N listed at $850.

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

The lowest price for a Cheap One Bedroom Myrtle Beach Apartment is $1,000 at Carolina Breeze Apartments.

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 $950 at Patriots Way At The Beach.

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 Brixley at Carolina Forest and starts from $1,325.

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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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.