What to know before you move: cost, market timing, who it fits.
If you're considering a move to Myrtle Beach, SC, the most important variables are the local housing market, the cost structure (taxes, insurance, utilities), and how well the city fits your day-to-day life. This page summarizes the housing market read; pair it with the cost of living page for the full picture.
Myrtle Beach is a city in Horry County, South Carolina, with an estimated population of 40,535. It anchors the Myrtle Beach-Conway-North Myrtle Beach metro area. The population has grown 3.2% per year on average between 2020 and 2024 — among the faster-growing communities in the state. The median home value in Myrtle Beach is $321,339 as of 2026-04, down 1.6% over the last 12 months. Over the last five years, home values have averaged +5.9% annual growth (-4.9% from the 5-year peak). Rents in Myrtle Beach average $1,691 per month, roughly flat year-over-year (-0.5%). The composite momentum score is 61 of 100 (Stable). Conditions are neither hot nor cold, so the local fit matters more than market timing.
Sideways market (-1.6% YoY). No urgency to time the macro trend — focus on the home and neighborhood.
Reasons people move here
- People are voting with their feet: population growing 3.2% per year since 2020 — that's faster than ~80% of US cities.
- Healthy 5-year run: +5.9% annualized over 5 years, outpacing US inflation.
Things to know first
- Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.
- Local nuance (school zones, neighborhood quality) varies block by block — visit before deciding.
More about Myrtle Beach
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.