
Cheap Apartments for Rent in the Downtown Myrtle Beach Neighborhood of Myrtle Beach, SC from $500 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Myrtle Beach area of Myrtle Beach.


1103 Dunbar St

2010 S Ocean Blvd, Unit 410

2506 S Ocean Blvd, Unit 3

700 N Ocean Blvd

1340 US-501

1340 US-501, Unit 4
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.

Carolina Breeze Apartments

The Edge Apartments

1400 S Ocean Blvd

River Landing

Blue Palmetto

802 13th Ave S

206 Broadway St
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.

209 Cedar St, Unit A7

201 Cedar St

508 29th Ave N

2100 S Ocean Blvd, Unit 1

Villas at Oleander Apartments +After 55+

1500 Chester St

2711 S Ocean Blvd
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.

Ocean Escape Condos

556 White River Dr

209 Cedar St

403 14th Avenue South-

Town Square Apartments

307 Flagg St

493 White River Dr
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

589 Blue River Ct

4706 Cobblestone Dr
Downtown Myrtle Beach, Myrtle Beach, SC Local Guide

How much does it cost to rent an apartment in Downtown Myrtle Beach?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Myrtle Beach Studio Apartments | $1,765 | $800 | $3,642 |
| Downtown Myrtle Beach 1 Bedroom Apartments | $1,396 | $1,006 | $1,892 |
| Downtown Myrtle Beach 2 Bedroom Apartments | $1,633 | $1,275 | $2,587 |
| Downtown Myrtle Beach 3 Bedroom Apartments | $1,834 | $1,500 | $3,530 |
Browse Apartments in this Neighborhood
There are currently 30 rentals with your search options within a 2 mile radius of the Downtown Myrtle Beach Neighborhood of Myrtle Beach, SC.
See all Apartments in Myrtle BeachExplore Myrtle Beach
Cheapest Available Downtown Myrtle Beach Apartments for Rent
 The cheapest available apartment rental in the Downtown Myrtle Beach area of Myrtle Beach, SC is a 1 Bed unit found at Carolina Breeze Apartments priced from $1,100. 403 14th Avenue South- has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable Downtown Myrtle Beach apartments for rent in Myrtle Beach, SC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Carolina Breeze Apartments | 1x1 (Breeze) Standard- Call For Availability | 1BR,1BA | $1,100 |
| 403 14th Avenue South- | 1/1 | 1BR,1BA | $1,100 |
| The Edge Apartments | Studio | Studio,1BA | $1,150 |
| River Landing | 1 Bedroom Reno 685 | 1BR,1BA | $1,181 |
| Blue Palmetto | Small Studio - Oceanside w/Balcony | Studio,1BA | $1,200 |
| Seaside Grove Apartments | Tupelo | 1BR,1BA | $1,329 |
| The Tides at Myrtle Beach | 2 Bedroom 2 Bath Premier | 2BR,2BA | $1,334 |
| Patriot's Way at the Beach | 2 Bedroom | 2BR,2BA | $1,399 |
Best Value Apartments for Rent in Downtown Myrtle Beach, SC
As of May 31, 2026 the best value apartment in the Downtown Myrtle Beach area is the $1.45 price per square foot 3 Bedroom 2 Bath Premier Model at The Tides at Myrtle Beach in the in the Fox Horn neighborhood starting from $1,689. The second greatest value Downtown Myrtle Beach apartment is the Two Bedroom Model at Coastal Wind Townhomes starting at $1,699 with a $1.49 price per square foot in the Downtown Myrtle Beach neighborhood. Here is today’s list of the best values for Downtown Myrtle Beach apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Tides at Myrtle Beach | 3 Bedroom 2 Bath Premier | 3BR,2BA | $1.45 |
| Coastal Wind Townhomes | Two Bedroom | 2BR,2.5BA | $1.49 |
| 4647 Wild Iris Dr, Unit Unit 301 | 4647 Wild Iris Dr | 2BR,2BA | $1.61 |
| Patriot's Way at the Beach | 2 Bedroom | 2BR,2BA | $1.46 |
| 1306 River Oaks Dr, Unit 3N | 1306 River Oaks Dr | 2BR,2BA | $1.88 |
| Seaside Grove Apartments | Tupelo | 1BR,1BA | $1.69 |
| The Grove at Coastal Grand 55+ Active Adult Apartment Homes | A2 | 1BR,1BA | $2.45 |
| River Landing | 1 Bedroom Reno 685 | 1BR,1BA | $1.72 |
| Carolina Breeze Apartments | 1x1 (Breeze) Upgraded - Call For Avail | 1BR,1BA | $2.19 |
| 403 14th Avenue South- | 1/1 | 1BR,1BA | $2.76 |
Frequently Asked Questions about Cheap Downtown Myrtle Beach Apartments
What is the Cheapest Studio apartment in Downtown Myrtle Beach?
Currently the most affordable Cheap Studio Apartment in Downtown Myrtle Beach is at The Edge Apartments listed at $1,150.
How much is rent for a Cheap One Bedroom Downtown Myrtle Beach Apartment?
The lowest price for a Cheap One Bedroom Downtown Myrtle Beach Apartment is $1,100 at Carolina Breeze Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Myrtle Beach Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Myrtle Beach is starting from $1,272 at River Landing.
What is the most affordable Downtown Myrtle Beach Three Bedroom Apartment?
The best deal on a cheap Downtown Myrtle Beach Three Bedroom Apartment rental is at Carolina Breeze Apartments and starts from $1,500.
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

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.