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RE Intelligence

Rental numbers for the Myrtle Beach, SC metro

The typical home here runs -$910 a month at 7.78% with 25% down, breaking even at about 1.8%. 0 of 16 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.8%.

Gross yield
6.0%
typical home, Zillow
Median ZIP yield
5.8%
16 ZIPs with full data
Cash flow
-$910/mo
at 7.78%, 25% down
Typical price
$340,000
Zillow ZHVI, Aug 2026
Typical rent
$1,709/mo
Zillow ZORI, Aug 2026

ZIP codes in the metro

28 with published figures

29581Nichols$190,000$1,270*8.0%4.5%-$320n/a
28436Delco$202,000$1,330*7.9%4.3%-$369n/a
29526Conway$301,000$1,9057.6%4.6%-$465+1.7%
29568Longs$291,000$1,8157.5%4.5%-$465+5.3%
29545Green Sea$204,000$1,270*7.5%4.1%-$409n/a
29577Myrtle Beach$278,000$1,7257.4%4.4%-$484+2.9%
28467Carolina Shores$340,000$1,9356.8%3.9%-$739n/a
28470Shallotte$318,000$1,7256.5%3.5%-$799n/a
29588Myrtle Beach$323,000$1,6236.0%3.3%-$856-1.0%
29569Loris$256,000$1,270*5.9%3.0%-$731n/a
28422Bolivia$331,000$1,630*5.9%3.0%-$959n/a
29579Myrtle Beach$358,000$1,7495.9%3.2%-$973+0.5%
29527Conway$262,000$1,270*5.8%2.9%-$774n/a
29576Murrells Inlet$400,000$1,9335.8%3.2%-$1,084+1.2%
29572Myrtle Beach$317,000$1,5255.8%3.0%-$903+4.7%
29566Little River$321,000$1,5025.6%2.9%-$940-2.8%
29582North Myrtle Beach$398,000$1,8235.5%2.9%-$1,174+13.2%
28420Ash$268,000$1,200*5.4%2.4%-$918n/a
29575Surfside Beach$361,000$1,6115.4%2.8%-$1,109+4.9%
29544Galivants Ferry$288,000$1,270*5.3%2.5%-$950n/a
28451Leland$376,000$1,6315.2%2.4%-$1,276+3.7%
29511Aynor$300,000$1,270*5.1%2.5%-$1,001n/a
28479Winnabow$362,000$1,420*4.7%2.0%-$1,358n/a
28465Oak Island$606,000$2,0784.1%1.5%-$2,487n/a
28461Southport$511,000$1,7234.0%1.5%-$2,097+1.9%
28468Sunset Beach$427,000$1,3903.9%1.4%-$1,820n/a
28462Supply$471,000$1,160*3.0%0.6%-$2,287n/a
28469Ocean Isle Beach$531,000$1,190*2.7%0.5%-$2,652n/a

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
+0.5%
Rent, 12 months
+2.2%
Rent minus price growth
+1.8 pts
Property tax
0.40%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
10011012013020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$274,363$1,427
Aug 2022$343,878$1,643
Aug 2023$346,564$1,663
Aug 2024$348,479$1,706
Aug 2025$338,207$1,672
Aug 2026$339,754$1,709

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Questions

Is the Myrtle Beach, SC metro good for rental property?
The typical home here runs -$910 a month at 7.78% with 25% down, breaking even at about 1.8%. 0 of 16 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.8%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
Which ZIP codes in the Myrtle Beach, SC metro have the highest rental yield?
29526 (Conway) at 7.6%, 29568 (Longs) at 7.5%, 29577 (Myrtle Beach) at 7.4%, on Zillow value and rent. The full table above sorts by any column.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.