Cheap Apartments for Rent in the Downtown Myrtle Beach Neighborhood of Myrtle Beach, SC from $500 (34 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

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.

close
View Me
2711 S Ocean Blvd
Studio to 4 Bedroom Apartments

2711 S Ocean Blvd

2711 S Ocean BlvdMyrtle Beach, SC 29577
Corporate Housing
  • Utilities Included
close
View Me
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 Blue Palmetto priced from $995. 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 ListingModel NameBed/BathPriced From
Blue PalmettoSmall Studio - Oceanside w/BalconyStudio,1BA$995
403 14th Avenue South-1/11BR,1BA$1,100
Carolina Breeze Apartments1x1 (Breeze) Standard- Call For Availability1BR,1BA$1,100
River Landing1 Bedroom Reno 6851BR,1BA$1,108
The Edge ApartmentsStudioStudio,1BA$1,150
Town Square Apartments1 Bedroom1BR,1BA$1,200
Seaside Grove ApartmentsTupelo1BR,1BA$1,260
The Tides at Myrtle Beach2 Bedroom 2 Bath Premier2BR,2BA$1,409
The Grove at Coastal Grand 55+ Active Adult Apartment HomesA21BR,1BA$1,705

Best Value Apartments for Rent in Downtown Myrtle Beach, SC

As of July 15, 2026 the best value apartment in the Downtown Myrtle Beach area is the $1.45 price per square foot 501 38th Ave N Model at 501 38th Ave N, Unit c10 in the in the Downtown Myrtle Beach neighborhood starting from $1,600. The second greatest value Downtown Myrtle Beach apartment is the 2 Bedroom 2 Bath Premier Model at The Tides at Myrtle Beach starting at $1,409 with a $1.44 price per square foot in the Fox Horn 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.
501 38th Ave N, Unit c10501 38th Ave N2BR,1BA$1.45
The Tides at Myrtle Beach2 Bedroom 2 Bath Premier2BR,2BA$1.44
Seaside Grove ApartmentsTupelo1BR,1BA$1.60
The Grove at Coastal Grand 55+ Active Adult Apartment HomesA21BR,1BA$2.38
River Landing1 Bedroom Reno 6851BR,1BA$1.62
Town Square Apartments1 Bed Renovated1BR,1BA$2.17
Carolina Breeze Apartments1x1 (Breeze) Upgraded - Call For Avail1BR,1BA$2.19
403 14th Avenue South-1/11BR,1BA$2.76
The Edge ApartmentsStudioStudio ,1BA$3.03
Blue PalmettoSmall Studio - Oceanside w/BalconyStudio ,1BA$4.74

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 Blue Palmetto listed at $995.

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 $1,238 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

decorative image for Local Expert's Guide to Affordable Neighborhoods in Myrtle Beach, SC article

Local Expert's 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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.