How much does it cost to rent a house in Myrtle Beach?

Beach home rentals begin from 500. per week and up depending on specified needs, though average rental costs up and down our coast run 750. -3500. per week.

How much does it cost to rent a house in North Myrtle Beach?

North Myrtle Beach, SC Rent Trends

Average Rent Mar / 2019 Jul / 2020
North Myrtle Beach, SC $1,004 $1,049
National $1,367 $1,399

Is Myrtle Beach good for Airbnb investment?

Add in the area’s relatively low cost of living, and it’s not surprising to see why the U.S. News and World Report has named Myrtle Beach the Fastest-Growing Place in the U.S. for 2021-2022. For vacation rental investors who are eager to enter a hot market, that makes Myrtle Beach an ideal place to be.

Is it expensive to live in Myrtle Beach?

Myrtle Beach’s housing expenses are 30% lower than the national average and the utility prices are 18% higher than the national average. Transportation expenses like bus fares and gas prices are 8% lower than the national average. Myrtle Beach has grocery prices that are 3% higher than the national average.

Is Surfside Beach SC crowded?

It is a suburb of Myrtle Beach, so it is not that crowded, but a short drive will get you to Myrtle Beach if you are looking for a little more city life.

Is North Myrtle Beach safe?

With a crime rate of 58 per one thousand residents, North Myrtle Beach has one of the highest crime rates in America compared to all communities of all sizes – from the smallest towns to the very largest cities. One’s chance of becoming a victim of either violent or property crime here is one in 17.

How much can you make renting a condo in Myrtle Beach?

These buildings often provide the highest yield in rental income. Depending on weather and additional variables a three-bedroom, three-bathroom oceanfront condo in Myrtle Beach can generate up to $40,000 per year in gross rental income. Ask for two or three years’ rental history to get an average.

What are the pros and cons of living in Myrtle Beach?

What are the Pros and Cons of Coastal Living in Myrtle Beach?

  • Coast Living Is Affordable. If you are looking to buy property in Myrtle Beach, then the timing has never been better.
  • Health Is Wealth.
  • Be In Vacation Mode Everyday.
  • Take Precautions If You Have Allergies.
  • Traffic In Vacation Season.

Is Myrtle Beach a safe place to live?

According to the FBI’s latest US Crime Report, Myrtle Beach, SC is now officially the 3rd most dangerous city in the United States.