$1,850 Per Month
- 2 Beds
- 2 Baths
- 980 Sq Ft
- Condo for Rent
4781 Wild Iris Dr, Myrtle Beach, SC 29577
4781 Wild Iris Dr, Myrtle Beach, SC 29577
Frequently Asked Questions
How much does it cost to rent a condo in Myrtle Beach, SC?
The median rent for a condo in Myrtle Beach, SC is $1,587 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Myrtle Beach, SC?
To comfortably afford the median rent in Myrtle Beach, SC, a household needs to earn roughly $72,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,800 per month in Myrtle Beach, SC, renters typically need to show $5,400 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Myrtle Beach, SC?
In Myrtle Beach, SC, the price-to-rent ratio is 15.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Myrtle Beach, SC are best for renting a condo?
The best neighborhood for renting in Myrtle Beach, SC depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Downtown Myrtle Beach, Myrtlewood, Burgess, Arcadian Shores and Barefoot, each with its own character and price range.
