Property Prices in Myrtle Beach, SC, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 6.85 |
| Mortgage as Percentage of Income: | 61.38% |
| Loan Affordability Index: | 1.63 |
| Price to Rent Ratio - City Centre: | 7.62 |
| Price to Rent Ratio - Outside of Centre: | 6.59 |
| Gross Rental Yield (City Centre): | 13.12% |
| Gross Rental Yield (Outside of Centre): | 15.19% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,500.0 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,700.0 $ | |
| Apartment (3 bedrooms) in City Centre | 1,966.67 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,983.33 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 203.49 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 190.99 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 1,550.0 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.52 |
These data are based on 21 entries in the past 18 months from 6 different contributors.
Last update: August 2024
Sources and References
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