Home prices
The price of the median home in Myrtle Beach is $216,100. In comparison to other places in this area it is approximately $71,100 (24%) lower.In comparison to the rest of the nation it is is very similar, and in comparison to the city of Wilmington it is about $30,300 (12%) lower.
Rents
Myrtle Beach's median rent is $913 a month. Compared to other places in this area it is roughly $216 (19%) lower.In comparison to the rest of the nation it is about $149 (14%) lower, and compared to the city of Wilmington it is approximately $85 (8%) lower.
Nearby places
Socastee
Socastee is Myrtle Beach's neighbor to the west. Its housing prices are a bit less expensive. The median home value in Socastee is $165,400, which comes out to $50,700 (30%) lower than Myrtle Beach. Rents there are somewhat more expensive. Socastee's median monthly rent is $975, which comes out to $62 (6%) higher than Myrtle Beach.
Forestbrook
Forestbrook is approximately 4 miles west of Myrtle Beach. Its real estate prices are somewhat less expensive. The median home in Forestbrook is valued at $194,700, which comes out to $21,400 (10%) lower than Myrtle Beach. The rent there is somewhat more expensive. Forestbrook's median monthly rent is $965, which is $52 (5%) higher than Myrtle Beach.
Red Hill
Red Hill is roughly 8 miles northwest from Myrtle Beach. The real estate prices there are a bit less expensive. The median home in Red Hill is valued at $167,900, which is $48,200 (28%) lower than Myrtle Beach. Rents there are fairly similar. The median monthly rent in Red Hill is $916, which is very similar to Myrtle Beach.
Surfside Beach
Surfside Beach is roughly 8 miles southwest from Myrtle Beach. The real estate prices there are a bit more expensive. The median home in Surfside Beach costs $266,600, which is $50,500 (18%) higher than Myrtle Beach. The rent there is a bit more expensive. In Surfside Beach the median rent is $1,040 a month, which comes out to $127 (12%) higher than Myrtle Beach.
Briarcliffe Acres
Briarcliffe Acres is approximately 9 miles northeast of Myrtle Beach. Its real estate prices are a lot more expensive. The median home price in Briarcliffe Acres is $641,400, which works out to $425,300 (66%) higher than Myrtle Beach. Rent there is a lot more expensive. In Briarcliffe Acres the median rent is $1,750 per month, which comes out to $837 (47%) higher than Myrtle Beach.