Cheap Apartments for Rent in Myrtle Beach, SC from $500 (25 Rentals)

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

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

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.

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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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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2711 S Ocean Blvd
1 Bedroom Apartments

2711 S Ocean Blvd

2711 S Ocean BlvdMyrtle Beach, SC 29577
  • Utilities Included

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.

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: 06/13/2025

Current apartment rentals in the Myrtle Beach, SC area range in price from $800 to $3,450 with an overall median price of $2,537. The three Myrtle Beach neighborhoods with the lowest median rent pricing are Walkers Woods at $1,000, Coldstream Cove at $1,200, and Linksbrook at $1,200. 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
Walkers Woods$2,122$1,000308
Coldstream Cove$2,150$1,20031
Linksbrook$2,150$1,20044
Park West$2,234$950191
Wellington$2,587$1,125193
Downtown Myrtle Beach$2,603$800115
South Myrtle Beach$2,662$1,200130
Palmetto Glen - PineCrest$2,662$1,125190
Kiskadee Parke$3,100$974173
Fox Horn$3,100$974292

Cheapest Available Myrtle Beach Apartments for Rent

 

The cheapest available apartment rental in Myrtle Beach, SC is a 1 Bed unit found at The Edge Apartments in the Downtown Myrtle Beach neighborhood priced from $975. Claypond Commons in the Fox Horn neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,080. Here is today’s list of the most affordable Myrtle Beach apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Edge Apartments1 Bedroom 2 Bath1BR,2BA$975
Claypond CommonsThe BoulevardStudio,1BA$1,080
Canterbury ApartmentsBeach Chic Oxford1BR,1BA$1,105
Palmetto Pointe Apartment HomesThe Berkeley1BR,1BA$1,125
River Landing1 Bedroom1BR,1BA$1,132

Best Value Apartments for Rent in Myrtle Beach, SC

As of June 14, 2025 the best value apartment in the Myrtle Beach area is the $1.09 price per square foot Aisle Model at The Grove at Village Oaks in the in the Downtown Myrtle Beach neighborhood starting from $2,095. The second greatest value Myrtle Beach apartment is the The Legend Model at Moorland Reserve starting at $2,195 with a $1.40 price per square foot in the Fox Horn 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$1.09
Moorland ReserveThe Legend3BR,2BA$1.40
Ailsa VillageThe Woods3BR,3BA$1.44
Reserve at Ridgewood PlantationTHREE BEDROOM - RENOVATED3BR,2BA$1.15
Market CommonTwo Bedroom w/ Terrace or Balcony2BR,2BA$1.37
HAVEN POINTE AT CAROLINA FORESTTriton3BR,2BA$1.38
The Brixley at Carolina ForestAurora3BR,3BA$1.24
Cape LandingThe Palmetto2BR,2BA$1.29
Breakers PointCoastal2BR,2BA$1.40
Seaside Grove ApartmentsCypress2BR,2BA$1.43

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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 #13

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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Getting Around Myrtle Beach, SC

Walk Score®

47 / 100

Car-Dependent

Most errands require a car

Bike Score®

51 / 100

Bikeable

Some bike infrastructure

Myrtle Beach, SC Area Reviews

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VickiLynn4+ 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 Claypond Commons listed at $1,080.

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

The lowest price for a Cheap One Bedroom Myrtle Beach Apartment is $975 at The Edge 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 $1,183 at Canterbury Apartments.

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 $1,450.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.