Cheap Homes for Rent in Downtown Myrtle Beach Neighborhood of Myrtle Beach, SC from $1,200 (25 Rentals)

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

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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The Art of the Rental Viewing: What to look for during a property tour

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property at 209 Cedar St

209 Cedar St

Myrtle BeachSC29577

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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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 The Edge Apartments priced from $975. River Landing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,154. Here are the most affordable Downtown Myrtle Beach apartments for rent in Myrtle Beach, SC:

Apartment ListingModel NameBed/BathPriced From
The Edge Apartments1 Bedroom 2 Bath1BR,2BA$975
River Landing1 Bedroom1BR,1BA$1,154
Blue PalmettoSmall Studio - Oceanside w/BalconyStudio,1BA$1,200
Seaside Grove ApartmentsCypress2BR,2BA$1,383
Carolina Breeze Apartments1x1 (Breeze) Standard- Call For Availability1BR,1BA$1,450

Best Value Apartments for Rent in Downtown Myrtle Beach, SC

As of June 24, 2025 the best value apartment in the Downtown Myrtle Beach area is the $1.41 price per square foot Willow Model at Seaside Grove Apartments in the in the Downtown Myrtle Beach neighborhood starting from $1,398. The second greatest value Downtown Myrtle Beach apartment is the 2 Bedroom 2 Bath Renovated Model at The Tides at Myrtle Beach starting at $1,424 with a $1.45 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.
Seaside Grove ApartmentsWillow2BR,2BA$1.41
The Tides at Myrtle Beach2 Bedroom 2 Bath Renovated2BR,2BA$1.45
The Grove at Coastal Grand 55+ Active Adult Apartment HomesA11BR,1BA$2.21
River Landing1 Bedroom1BR,1BA$1.68
302 Alder St, Unit D302 Alder St1BR,1BA$2.75
Carolina Breeze Apartments1x1 (Breeze) Upgraded - Call For Avail1BR,1BA$2.80
The Edge ApartmentsStudioStudio ,1BA$3.00
1402 N Ocean Blvd1 bedroom efficiency1BR,1BA$4.20
Blue PalmettoSmall Studio - Oceanside w/BalconyStudio ,1BA$5.71

Frequently Asked Questions about Downtown Myrtle Beach

What type of rentals are currently available in Downtown Myrtle Beach?

There are currently 154 Apartments for Rent in Downtown Myrtle Beach, SC with pricing that ranges from $950 to $3,450. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Myrtle Beach ranging from $1,200 to $2,500.

What is the current price range for Rental Homes in Downtown Myrtle Beach?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Myrtle Beach ranges from $1,200 to $2,500 with an average monthly rent of $1,624.

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.

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 Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.