Cheap Apartments for Rent in Myrtle Beach, SC from $500 (21 Rentals)

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

property at 401 Alder St

401 Alder St

Myrtle BeachSC29577
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Eastwood Commons
2 Bedroom Apartments

Eastwood Commons

6100 Frontage RdMyrtle Beach, SC 29577
  • Utilities Inc.
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Ocean Escape Condos
2 to 3 Bedroom Apartments

Ocean Escape Condos

1400 S Ocean BlvdMyrtle Beach, SC 29577

Myrtle Beach, SC Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Myrtle Beach, SC

Pricing Updated: 03/04/2025

Current apartment rentals in the Myrtle Beach, SC area range in price from $800 to $4,120 with an overall median price of $2,307. The three Myrtle Beach neighborhoods with the lowest median rent pricing are Downtown Myrtle Beach at $800, Linksbrook at $1,200, and South Myrtle Beach at $1,200. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Myrtle Beach Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Myrtle Beach$1,750$800833
Linksbrook$1,875$1,2001026
South Myrtle Beach$1,950$1,2001332
Coldstream Cove$1,976$1,200798
Walkers Woods$2,150$1,0009218
Park West$2,325$1,1974576
Palmetto Glen - PineCrest$2,597$1,1773743
Wellington$2,597$1,1771921
Kiskadee Parke$2,925$8692398
Fox Horn$2,925$9174834

Cheapest Available Myrtle Beach Apartments for Rent

 

The cheapest available apartment rental in Myrtle Beach, SC is a Studio unit found at Claypond Commons in the Fox Horn neighborhood priced from $917. The Edge Apartments in the Downtown Myrtle Beach neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $999. Here is today’s list of the most affordable Myrtle Beach apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Claypond CommonsThe BoulevardStudio,1BA$917
The Edge ApartmentsStudio, 1 bathStudio,1BA$999
5400 N Ocean BlvdKing RoomStudio,1BA$1,000
Canterbury ApartmentsBeach Chic StudioStudio,1BA$1,020
Cape LandingThe Hatteras1BR,1BA$1,177

Best Value Apartments for Rent in Myrtle Beach, SC

As of March 04, 2025 the best value apartment in the Myrtle Beach area is the $1.12 price per square foot 518 Royal Jay Ln Model at 518 Royal Jay Ln in the in the Walkers Woods neighborhood starting from $2,029. The second greatest value Myrtle Beach apartment is the 155 Dorian Lp Model at 155 Dorian Lp starting at $2,350 with a $1.31 price per square foot in the Palmetto Glen - PineCrest neighborhood. Here is today’s list of the best values for Myrtle Beach apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
518 Royal Jay Ln518 Royal Jay Ln3BR,2BA$1.12
155 Dorian Lp155 Dorian Lp4BR,2BA$1.31
251 Dorian Lp251 Dorian Lp4BR,2.5BA$1.21
528 Lake Park Dr528 Lake Park Dr3BR,2BA$1.23
526 Carolina Farms Blvd526 Carolina Farms Blvd3BR,2BA$1.32
548 Lake Park Dr548 Lake Park Dr3BR,3.5BA$1.26
Bells Lake TownesTownhome3BR,2.5BA$1.23
Reserve at Ridgewood PlantationTHREE BEDROOM - RENOVATED3BR,2BA$1.15
The Brixley at Carolina ForestAurora3BR,3BA$1.29
The Pointe at Myrtle BeachPalm2BR,2BA$1.31

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Myrtle Beach Overview

Sometimes known as the “northernmost city in Florida,” Myrtle Beach is a popular vacation destination that attracts more than 14 million visitors a year. With only 30,000 permanent residents, it’s been compared to living in a small town with big city accommodations like hospitals and transportation. According to the 2010 Census, Myrtle Beach is the ninth-fastest-growing city in the US, with a projected 7,000 new households to be added from 2012 to 2017. Apartments in Myrtle Beach can allow you to enjoy the beach bum life right by the coast, or give you a chance to retire and downsize for a simpler life in the sun.

Why live in Myrtle Beach, SC?

With its mild weather, warm waters, and endless sandy beaches, Myrtle Beach is a popular vacation spot for a reason. Why not make these things a part of your everyday life by coming here to stay? The southern charm, the history, the seafood, and the many attractions are just the tip of the iceberg of what makes Myrtle Beach such a great place to live. You may soon find that you don’t miss baking in 90 percent humidity or shoveling the snow off your driveway every winter. Instead, you’ll enjoy the vacation life year-round.

Pet Friendly Lifestyle
Myrtle Beach, SC

Ranked #13

Among cities in South Carolina for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Myrtle Beach, SC Rentals by Map

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Getting Around Myrtle Beach, SC

Walk Score®

47 / 100

Car-Dependent

Most errands require a car

Bike Score®

51 / 100

Bikeable

Some bike infrastructure

Frequently Asked Questions about Cheap Myrtle Beach Apartments

What is the Cheapest Studio apartment in Myrtle Beach?

Currently the most affordable Cheap Studio Apartment in Myrtle Beach is at Claypond Commons listed at $917.

How much is rent for a Cheap One Bedroom Myrtle Beach Apartment?

The lowest price for a Cheap One Bedroom Myrtle Beach Apartment is $1,177 at Cape Landing.

What is the lowest price for a Cheap Two Bedroom Myrtle Beach Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Myrtle Beach is starting from $1,215 at The Pointe at Myrtle Beach.

What is the most affordable Myrtle Beach Three Bedroom Apartment?

The best deal on a cheap Myrtle Beach Three Bedroom Apartment rental is at The Pointe at Myrtle Beach and starts from $1,260.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.