Myrtle Beach, South Carolina Affordable Housing

Affordable Housing programs support 383 income based apartments in Myrtle Beach where households pay rent based on how much they earn.

There are 627 affordable apartments in Myrtle Beach that offer reduced rents to low-income households.

Waiting Lists in Myrtle Beach, South Carolina

There is one Section 8 Housing Choice Voucher waiting list open in Myrtle Beach.

  • is currently open for new Section 8 applications.

Go to the South Carolina Section 8 Waiting Lists page for more openings near Myrtle Beach.

Swansgate I, II and III Apartments

1050 Mr. Joe White Ave
Myrtle Beach, South Carolina
Call For Rent
1-2 BR
62+
Affordable

Carolina Oaks Village Apartments

1302 Scarlet Lane
Myrtle Beach, South Carolina
Call For Rent
2 BR
Affordable

Bay Pointe Apartments

1401 Mako Ct
Myrtle Beach, South Carolina
Call For Rent
2-3 BR
Affordable

Villas at Oleander

3810 Oleander Dr
Myrtle Beach, South Carolina
Call For Rent
2 BR
55+
Affordable

Halyard Bend Apartments

3941 Halyard Way
Myrtle Beach, South Carolina
Income Based
1-2 BR
Rent Assisted

Sandygate Village

1011 Osceola Street
Myrtle Beach, South Carolina
Rent Assisted

The Highlands at Socastee

South Carolina 707
Myrtle Beach, South Carolina
Affordable

Jefferson Place

6715 Jefferson Pl
Myrtle Beach, South Carolina
Rent Assisted
62+
Accessible
Elderly Supportive Housing

Monticello Park II

1223 Winchester Ct
Myrtle Beach, South Carolina
Affordable

Monticello Park III

1339 Apache Dr
Myrtle Beach, South Carolina
Affordable
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Affordable Housing Near Myrtle Beach

View affordable apartments and waiting lists in cities near Myrtle Beach

City Apartments
Conway, SC Affordable Housing programs support 17 apartment communities in Conway.
Loris, SC Affordable Housing programs support 5 apartment communities in Loris.
Aynor, SC Affordable Housing programs support 2 apartment communities in Aynor.
Little River, SC Affordable Housing programs support 2 apartment communities in Little River.
Red Hill, SC Affordable Housing programs support 1 apartment communities in Red Hill.

Public Housing Agencies Serving Myrtle Beach, South Carolina

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Housing Authority Programs
Housing Authority of Myrtle Beach Section 8 Housing Choice Voucher (HCV); Homeownership Voucher; Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Voucher (PBV); Mainstream Voucher
Go to the South Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Myrtle Beach.

Myrtle Beach, South Carolina Affordable Housing Data

Income Based Apartments in Myrtle Beach, South Carolina

Myrtle Beach features 383 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Myrtle Beach, South Carolina

There are 627 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Myrtle Beach.

Housing Choice Vouchers in Myrtle Beach, South Carolina

On average, Section 8 Housing Choice vouchers pay Myrtle Beach landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Myrtle Beach.

The maximum amount a voucher would pay on behalf of a low-income tenant in Myrtle Beach, South Carolina for a two-bedroom apartment is between $1,027 and $1,255.

2023 Myrtle Beach, South Carolina Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Myrtle Beach, South Carolina Fair Market Rent $966 $991 $1,141 $1,455 $1,642
Myrtle Beach, South Carolina Payment Standard Range $869 to $1,063 $892 to $1,090 $1,027 to $1,255 $1,310 to $1,601 $1,478 to $1,806

Sourced from federal housing data and AffordableHousingOnline.com research.

Myrtle Beach, SC Affordable Housing Snapshot

Total Affordable Apartment Properties 19
Total Low Income Apartments 1,010
Total Housing Units with Rental Assistance 383
Percentage of Housing Units Occupied By Renters 48.8%
Average Renter Household Size 2.50
Average Household Size 2.33
Median Household Income $36,514 ±$2,642
Median Rent $826 ±$25
Percentage Of Renters Overburdened 55.41% ± 5.26pp
Total Population 29,198

Population and Household Demographics

Myrtle Beach is a city in Horry County, South Carolina with a population of 29,198. There are 12,482 households in the city with an average household size of 2.33 persons. 48.8% of households in Myrtle Beach are renters.

Income and Rent Overburden in Myrtle Beach

The median gross income for households in Myrtle Beach is $36,514 a year, or $3,043 a month. The median rent for the city is $826 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Myrtle Beach, a household making less than $2,753 a month would be considered overburdened when renting an apartment at or above the median rent. 55.41% of households who rent are overburdened in Myrtle Beach.

Area Median Income In Myrtle Beach

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Myrtle Beach, the AMI is calculated from all households within Horry County.

In Myrtle Beach, HUD calculates the Area Median Income for a family of four as $72,600

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Myrtle Beach

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Myrtle Beach

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Myrtle Beach AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,350 $18,310 $23,030 $27,750 $32,470 $37,190 $41,910 $45,100
50% AMI Income Limits
Renters earning up to 50% of the Myrtle Beach AMI may qualify for rental assistance programs that target Very Low Income households.
$23,950 $27,350 $30,750 $34,150 $36,900 $39,650 $42,350 $45,100
80% AMI Income Limits
Renters earning up to 80% of the Myrtle Beach AMI may qualify for rental assistance programs that target Low Income households.
$38,300 $43,750 $49,200 $54,650 $59,050 $63,400 $67,800 $72,150