Cheap Apartments for Rent in the Downtown Myrtle Beach Neighborhood of Myrtle Beach, SC from $500 (43 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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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.

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property at 508 29th Ave N

$1,375

2 Bedroom Rentals

Available Now

508 29th Ave N

Myrtle BeachSC29577

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2711 S Ocean Blvd
Studio to 4 Bedroom Apartments

2711 S Ocean Blvd

2711 S Ocean BlvdMyrtle Beach, SC 29577
Corporate Housing
  • Utilities Included
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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

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Sandcastle Beachfront Rentals
Studio to 1 Bedroom Apartments

Sandcastle Beachfront Rentals

2207 S Ocean BlvdMyrtle Beach, SC 29577
Furnished
  • Utilities Included
  • Smoke Free

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Showing Results 1-43, Page 1 of 1

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 $1,000. The Edge Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. Here are the most affordable Downtown Myrtle Beach apartments for rent in Myrtle Beach, SC:

Apartment ListingModel NameBed/BathPriced From
Carolina Breeze Apartments1x1 (Breeze) Standard- Call For Availability1BR,1BA$1,000
The Edge ApartmentsStudioStudio,1BA$1,150
Blue PalmettoSmall Studio - Oceanside w/BalconyStudio,1BA$1,200
River Landing1 Bedroom Reno 6851BR,1BA$1,201
Seaside Grove ApartmentsTupelo1BR,1BA$1,313
The Tides at Myrtle Beach2 Bedroom 2 Bath Premier2BR,2BA$1,375
Patriot's Way at the Beach2 Bedroom2BR,2BA$1,399
Coastal Wind TownhomesTwo Bedroom2BR,2BA$1,699
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 April 15, 2026 the best value apartment in the Downtown Myrtle Beach area is the $2.45 price per square foot B3 Model at The Grove at Coastal Grand 55+ Active Adult Apartment Homes in the in the Fox Horn neighborhood starting from $3,430. The second greatest value Downtown Myrtle Beach apartment is the 3 Bedroom 2 Bath Premier Model at The Tides at Myrtle Beach starting at $1,750 with a $1.50 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.
The Grove at Coastal Grand 55+ Active Adult Apartment HomesB33BR,2BA$2.45
The Tides at Myrtle Beach3 Bedroom 2 Bath Premier3BR,2BA$1.50
Coastal Wind TownhomesTwo Bedroom2BR,2.5BA$1.49
Patriot's Way at the BeachNew 2 Bedroom 2 Bath2BR,2BA$1.68
Seaside Grove ApartmentsTupelo1BR,1BA$1.67
River Landing1 Bedroom Reno 6851BR,1BA$1.75
Carolina Breeze Apartments1x1 (Breeze) Upgraded - Call For Avail1BR,1BA$2.01
The Edge ApartmentsStudioStudio ,1BA$3.03
Blue PalmettoSmall Studio - Oceanside w/BalconyStudio ,1BA$5.71

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 $1,000 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 $1,175 at Carolina Breeze Apartments.

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 $1,375.

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.