Much like its nearby areas, it's significantly less expensive compared to the rest of the nation. Compared to the city of Memphis however, it's a bit less expensive.
Home prices
Myrtle's median home price is $88,300. It is about $1,420 (1%) higher compared to its surrounding areas.It is about $129,200 (59%) lower compared to the country as a whole, and is approximately $13,500 (13%) lower compared to the city of Memphis.
Rents
Myrtle's median monthly rent is $669. Compared to its nearby areas this is roughly $48 (7%) higher.In comparison to the entire country it is roughly $393 (37%) lower, and compared to the city of Memphis it is about $232 (25%) lower.
Nearby places
Hickory Flat
Hickory Flat is approximately 5 miles northwest of Myrtle. The housing prices there are a little less expensive. The price of the median home in Hickory Flat is $80,300, which works out to $8,000 (9%) lower than Myrtle. Rent there is substantially less expensive. In Hickory Flat the median monthly rent is $475, which works out to $194 (40%) lower than Myrtle.
New Albany
New Albany is roughly 7 miles southeast of Myrtle. Real estate prices there are a little more expensive. The value of the median home in New Albany is $121,900, which works out to $33,600 (27%) higher than Myrtle. The rent there is a bit more expensive. In New Albany the median monthly rent is $754, which is $85 (11%) higher than Myrtle.
Blue Mountain
Blue Mountain is roughly 9 miles northeast from Myrtle. Real estate prices there are a little less expensive. The median home value in Blue Mountain is $68,600, which comes out to $19,700 (28%) lower than Myrtle. The rent there is significantly less expensive. Blue Mountain's median rent is $419 per month, which comes out to $250 (59%) lower than Myrtle.
Potts Camp
Potts Camp is roughly 11 miles northwest of Myrtle. The housing prices there are a little less expensive. The median home in Potts Camp is valued at $76,500, which is $11,800 (15%) lower than Myrtle. Its rents are a bit more expensive. In Potts Camp the median monthly rent is $738, which is $69 (9%) higher than Myrtle.
Dumas
Dumas is roughly 14 miles east from Myrtle. Its housing prices are fairly similar. The median home in Dumas is valued at $87,100, which comes out to $1,200 (1%) lower than Myrtle. Rent there is a bit more expensive. Dumas's median monthly rent is $719, which works out to $50 (6%) higher than Myrtle.