Cheap Apartments for Rent in the Downtown Myrtle Beach Neighborhood of Myrtle Beach, SC from $500 (26 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

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 Monticello Park Apartments priced from $756. 300 10th Ave N has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable Downtown Myrtle Beach apartments for rent in Myrtle Beach, SC:

Apartment ListingModel NameBed/BathPriced From
Monticello Park Apartments1 Bed, 1 bath1BR,1BA$756
300 10th Ave NStudioStudio,1BA$850
2711 S Ocean BlvdPool side unit2BR,1BA$999
The Edge ApartmentsStudioStudio,1BA$1,150
Carolina Breeze Apartments1x1 (Breeze) Standard- Call For Availability1BR,1BA$1,150
River Landing1 Bedroom Reno 6851BR,1BA$1,181
Blue PalmettoSmall Studio - Oceanside w/BalconyStudio,1BA$1,200
Seaside Grove ApartmentsTupelo1BR,1BA$1,202
1402 N Ocean Blvd1 bedroom efficiency1BR,1BA$1,450

Best Value Apartments for Rent in Downtown Myrtle Beach, SC

As of November 21, 2025 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 $1,795 with a $1.57 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$1.57
Carolina Breeze Apartments3x1.5 (Breeze) Upgraded- Call For Avai3BR,1.5BA$2.34
Monticello Park Apartments1 Bed, 1 bath1BR,1BA$0.89
300 10th Ave N2 Bed / 2 Bath2BR,2BA$1.88
1306 River Oaks Dr, Unit 3N1306 River Oaks Dr2BR,2BA$2.00
Seaside Grove ApartmentsTupelo1BR,1BA$1.53
The Grove at Coastal Grand 55+ Active Adult Apartment HomesA21BR,1BA$2.46
River Landing1 Bedroom Reno 6851BR,1BA$1.72
2711 S Ocean BlvdBeach Front Unit2BR,1BA$2.18

Getting Around the Downtown Myrtle Beach Neighborhood in Myrtle Beach, SC

Walk Score®

65 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

62 / 100

Bikeable

Some bike infrastructure

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 Monticello Park Apartments which is listed at $756, while the average apartment in Downtown Myrtle Beach costs $1,671.

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 $283 which is $1,388 cheaper than the average rent for all rentals in Downtown Myrtle Beach.

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