Myrtle Beach, SC Real Estate

According to census data in the year 2000 there were 14,608 housing units in Myrtle Beach. This represents a 9.6% growth from 13,327 in 1990.

Of those housing units, 14,588 were located in either urbanized areas or urban clusters, and 20 were located in what is classified as a rural area.

Homeownership rate in Myrtle Beach is about 52.1%. Myrtle Beach's vacancy rate, including seasonal lodging, is about 28.9%. Average household size is 2.16 people.

The majority of houses, apartments or condos in Myrtle Beach were built after 1977.


Housing Size

Housing Units by Size
Studio Type2%
One Bedroom13.70%
Two Bedrooms47.60%
Three Bedrooms29.50%
Four Bedrooms5.10%
Five Bedrooms or more2.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.27
Median year structure was built1979
Median Value of occupied units$135,400
Median Price asked for vacant units$115,600

Rented Homes, Apartments and Condos

Average Household Size2.05
Median year structure was built1976
Median Monthly Rent asked for vacant units$576

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage7.50%
Home Equity Loan10%
Simple Mortgage42.80%
Debt Free39.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16%