Cheap Apartments for Rent in the Downtown Myrtle Beach Neighborhood of Myrtle Beach, SC from $500 (19 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
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2711 S Ocean Blvd
1 Bedroom Apartments

2711 S Ocean Blvd

2711 S Ocean BlvdMyrtle Beach, SC 29577
  • Utilities Included

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 $575. Blue Palmetto has the second lowest priced unit, which is a Studio apartment currently listed from $1,200. 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$575
Blue PalmettoSmall Studio - Oceanside w/BalconyStudio,1BA$1,200
Seaside Grove ApartmentsTupelo1BR,1BA$1,293
River Landing2 Bedroom Reno 9502BR,2BA$1,340
1402 N Ocean Blvd1 bedroom efficiency1BR,1BA$1,450

Best Value Apartments for Rent in Downtown Myrtle Beach, SC

As of August 14, 2025 the best value apartment in the Downtown Myrtle Beach area is the $1.66 price per square foot Two Bedroom Model at Coastal Wind Townhomes in the in the Downtown Myrtle Beach neighborhood starting from $1,895. The second greatest value Downtown Myrtle Beach apartment is the 2 Bedroom Reno 950 Model at River Landing starting at $1,340 with a $1.41 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.
Coastal Wind TownhomesTwo Bedroom2BR,2.5BA$1.66
River Landing2 Bedroom Reno 9502BR,2BA$1.41
Seaside Grove ApartmentsTupelo1BR,1BA$1.64
The Grove at Coastal Grand 55+ Active Adult Apartment HomesA11BR,1BA$2.44
409 27th Ave N, Unit 409 27th Avenue North. #3409 27th Ave N1BR,1BA$1.99
Carolina Breeze Apartments1x1 (Breeze) Upgraded - Call For Avail1BR,1BA$2.84
300 10th Ave NStudioStudio ,1BA$1.05
1402 N Ocean Blvd1 bedroom efficiency1BR,1BA$4.20
Blue PalmettoSmall Studio - Oceanside w/BalconyStudio ,1BA$5.71

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 $1,795.

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

The cheapest apartment in Downtown Myrtle Beach is Seaside Grove Apartments which is listed at $1,289, while the average apartment in Downtown Myrtle Beach costs $1,750.

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 6 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 $116 which is $1,634 cheaper than the average rent for all rentals in Downtown Myrtle Beach.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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