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RentData.org Logo Myrtle Beach-North Myrtle Beach-Conway Fair Market Rent FY 2020 Myrtle Beach-North Myrtle Beach-Conway, SC HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Myrtle Beach-North Myrtle Beach-Conway, SC :
$812 $847 $997 $1,288 $1,460
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Myrtle Beach-North Myrtle Beach-Conway are high compared to the national average. This FMR area is more expensive than 89% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Myrtle Beach-North Myrtle Beach-Conway is $997 per month.

The previous year, rent for a two-bedroom home was $932 per month. This is a 6.97% increase year-over-year.

This FMR rate applies to Green Sea, SC, Galivants Ferry, SC, Aynor, SC, Longs, SC, Loris, SC, North Myrtle Beach, SC, Little River, SC, Conway, SC, Myrtle Beach, SC and other cities within the region. The Metro Code or CBSA code for this region is METRO34820M34820.

Additionally, This Fair Market Rent (FMR) area Myrtle Beach-North Myrtle Beach-Conway, SC HUD Metro FMR Area spans one county or city in South Carolina which is listed in the table below. Estimated population of Myrtle Beach-North Myrtle Beach-Conway, SC HUD Metro FMR Area FMR area is 310,185 people based on latest Census data.

Compared to the rest of South Carolina, the Myrtle Beach-North Myrtle Beach-Conway FMR area is more expensive than 91% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Myrtle Beach-North Myrtle Beach-Conway. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Myrtle Beach-North Myrtle Beach-Conway

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 858
1-BR 1-Bedroom $ 896
2-BR 2-Bedroom $ 1054
3-BR 3-Bedroom $ 1362
4-BR 4-Bedroom $ 1543
Change Year:

There is just one county (listed below) within the Myrtle Beach-North Myrtle Beach-Conway, SC HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Myrtle Beach - Florence.

County / Region Est. Population
Myrtle Beach-North Myrtle Beach-Conway, SC Metro 310,185
Zip Codes in Myrtle Beach-North Myrtle Beach-Conway, SC HUD Metro FMR Area

There are 19 unique zip codes in this Fair Market Rent (FMR) area:

29511, 29526, 29527, 29528, 29544, 29545, 29566, 29568, 29569, 29572, 29575, 29577, 29578, 29579, 29582, 29587, 29588, 29597 and 29598

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