Cheap Apartments for Rent in the Downtown Myrtle Beach Neighborhood of Myrtle Beach, SC from $500 (11 Rentals)

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

property at 401 Alder St

401 Alder St

Myrtle BeachSC29577
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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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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 The Edge Apartments priced from $1,115. River Landing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,124. Here are the most affordable Downtown Myrtle Beach apartments for rent in Myrtle Beach, SC:

Apartment ListingModel NameBed/BathPriced From
The Edge ApartmentsStudio, 1 bathStudio,1BA$1,115
River Landing1 Bedroom1BR,1BA$1,124
2711 S Ocean BlvdThree Bed Suite1BR,2BA$1,199
Blue PalmettoSmall Studio - Oceanside w/BalconyStudio,1BA$1,200
Seaside Grove ApartmentsTupelo1BR,1BA$1,323

Best Value Apartments for Rent in Downtown Myrtle Beach, SC

As of April 06, 2025 the best value apartment in the Downtown Myrtle Beach area is the $1.61 price per square foot Allex Model at The Grove at Village Oaks in the in the Downtown Myrtle Beach neighborhood starting from $2,350. The second greatest value Downtown Myrtle Beach apartment is the Townhome Model at Coastal Wind starting at $1,595 with a $1.40 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 Grove at Village OaksAllex3BR,2BA$1.61
Coastal WindTownhome2BR,2.5BA$1.40
The Tides at Myrtle Beach2 Bedroom 2 Bath Renovated2BR,2BA$1.45
The Landings at Grande DunesEgret1BR,1BA$1.67
Seaside Grove ApartmentsTupelo1BR,1BA$1.68
The Grove at Coastal Grand 55+ Active Adult Apartment HomesA21BR,1BA$2.17
River Landing1 Bedroom1BR,1BA$1.64
409 27th Ave N, Unit #3409 27th Ave N1BR,1BA$2.08
Carolina Breeze Apartments1x1 (Breeze) Upgraded - Call For Avail1BR,1BA$2.80
2711 S Ocean BlvdThree Bed Suite1BR,2BA$3.00

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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,115.

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 $1,124 at River Landing.

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 $1,239 at River Landing.

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 Seaside Grove Apartments and starts from $1,666.

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

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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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Renting Smart: Lease Basics Every Renter Needs

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

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How Your Move-In Inspection Can Protect Your Security Deposit

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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.