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SC/Horry County/North Myrtle Beach

North Myrtle Beach, SC

CitySAFMR
Horry County
Found 3 ZIPs
Zillow

City Median Investment Score

62Below average

095130300
BRFMR
Eff. Rent
0 BR$1,150 – $1,190$1,150 – $1,270
1 BR$1,250 – $1,300$1,250 – $1,410
2 BR$1,500 – $1,550$1,500 – $1,570
3 BR$1,820 – $1,880$1,820 – $1,970
4 BR$1,980 – $2,040$1,980 – $2,240
5 BR$2,277Not available
6 BR$2,619Not available
7 BR$3,011Not available
8 BR$3,463Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1
1
0.81-0.94
1 BR
1
1
0.88-0.91
2 BR
1
1
0.95-0.98
3 BR
1
1
0.90-0.93
4 BR
2
0.77-0.79
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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North Myrtle Beach, SC fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 3 ZIP codes in North Myrtle Beach, SC ranges from $1,500 to $1,550 a month, with a median of $1,500. That is up 2.0% from $1,470 in FY 2026. North Myrtle Beach is in the Myrtle Beach-North Myrtle Beach-Conway, SC HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,504. The median county two-bedroom FMR in South Carolina is $1,098, so North Myrtle Beach is 37% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for North Myrtle Beach, SC
BedroomsFY 2027Change90–110% range
Studio$1,1500.0%$1,035–$1,265
1BR$1,250+1.6%$1,125–$1,375
2BR$1,500+2.0%$1,350–$1,650
3BR$1,820+0.6%$1,638–$2,002
4BR$1,980−6.6%$1,782–$2,178

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for North Myrtle Beach, SC
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,150$1,250$1,500$1,820$1,980
FY 2026$1,150$1,230$1,470$1,810$2,120
FY 2025$1,140$1,200$1,410$1,780$2,070
FY 2024$1,120$1,190$1,360$1,720$2,000
FY 2023$960$990$1,140$1,450$1,640

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
29582$1,550+3.3%
29597$1,5000.0%
29598$1,5000.0%

Questions about North Myrtle Beach, SC rents

How much will Section 8 pay for a two-bedroom in North Myrtle Beach, SC?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,504, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,354 to $1,654 a month; under the ZIP-level Small Area FMR of $1,500 it would be $1,350 to $1,650. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is North Myrtle Beach, SC in?

North Myrtle Beach, SC is in the Myrtle Beach-North Myrtle Beach-Conway, SC HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,504.

How much did fair market rent change in North Myrtle Beach, SC for FY 2027?

The two-bedroom FMR rose 2.0%, from $1,470 in FY 2026 to $1,500 in FY 2027. Since FY 2023 it has risen 31.6%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentSC statewide rentsWhat is SAFMR?Data sources