Cheap Apartments for Rent in the Downtown Myrtle Beach Neighborhood of Myrtle Beach, SC from $500 (14 Rentals)

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

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Ocean Escape Condos
2 to 3 Bedroom Apartments

Ocean Escape Condos

1400 S Ocean BlvdMyrtle Beach, SC 29577

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

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 Studio unit found at 300 10th Ave N priced from $850. Patriots Way At The Beach has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here are the most affordable Downtown Myrtle Beach apartments for rent in Myrtle Beach, SC:

Apartment ListingModel NameBed/BathPriced From
300 10th Ave NStudioStudio,1BA$850
Patriots Way At The Beach1500 Coastal Ln2BR,2BA$950
2711 S Ocean BlvdPool side unit2BR,1BA$999
Carolina Breeze Apartments1x1 (Breeze) Standard- Call For Availability1BR,1BA$1,000
River Landing2 Bedroom Classic 9302BR,2BA$1,047

Best Value Apartments for Rent in Downtown Myrtle Beach, SC

As of January 11, 2026 the best value apartment in the Downtown Myrtle Beach area is the $1.50 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 $1,750. The second greatest value Downtown Myrtle Beach apartment is the Two Bedroom Model at Coastal Wind Townhomes starting at $1,529 with a $1.34 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Tides at Myrtle Beach3 Bedroom 2 Bath Premier3BR,2BA$1.50
Coastal Wind TownhomesTwo Bedroom2BR,2.5BA$1.34
Patriots Way At The Beach1511 Coastal Ln2BR,2BA$1.46
300 10th Ave N2 Bed / 2 Bath2BR,2BA$1.88
1306 River Oaks Dr, Unit 3N1306 River Oaks Dr2BR,2BA$1.88
Seaside Grove ApartmentsTupelo1BR,1BA$1.64
The Grove at Coastal Grand 55+ Active Adult Apartment HomesA21BR,1BA$2.36
River Landing1 Bedroom Reno 6851BR,1BA$1.58
Carolina Breeze Apartments1x1 (Breeze) Upgraded - Call For Avail1BR,1BA$2.01
2711 S Ocean BlvdBeach Front Unit2BR,1BA$2.18

Frequently Asked Questions about Cheap Downtown Myrtle Beach Apartments

What is a cheap apartment in Downtown Myrtle Beach?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Myrtle Beach is under $1,450.

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

The cheapest apartment in Downtown Myrtle Beach is Carolina Breeze Apartments which is listed at $1,000, while the average apartment in Downtown Myrtle Beach costs $1,654.

What types of apartments are the cheapest in Downtown 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 14 regular apartments in Downtown 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 Downtown Myrtle Beach?

Cheap apartments in Downtown Myrtle Beach have an average cost of $280 which is $1,374 cheaper than the average rent for all rentals in Downtown 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

decorative image for Local Experts Guide to Affordable Neighborhoods in Myrtle Beach, SC article

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

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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.