These range from $90,000 for one-bedroom , $95,000 for one bedroom with a kitchen, and $160,000 for two bedrooms. Again, prices may change depending on amenities, location, area of the Grand Strand, and on-site features the resort offers.
Is Myrtle Beach a good place to buy a condo?
Myrtle Beach is a great area to buy condos because of the lower property prices & costs, various amenities, and huge rental income potential. Condos are amazing, and purchasing one can be a big step towards private property ownership.
How much does it cost to rent a condo at Myrtle Beach?
The average rent for an apartment in Myrtle Beach is $1,337 , a 24% increase compared to the previous year.
How much are HOA fees in Myrtle Beach?
| NAME OF DEVELOPMENT Monthly Dues/Regime Fees City/Area | Horizon East Condos $400.00 Murrells Inlet | Surf Master By The Sea $740.00 Murrells Inlet | Waters Edge Resort $524.00 Murrells Inlet | Beach Club $805.00 NMB |
|---|
Is Myrtle Beach a good place to live?
Myrtle Beach offers a unique blend of modern living, historic communities, and family friendly areas for all ages. With a wide variety of fine dining, family attractions, and entertainment, Myrtle Beach is a great place to live .
What is the cheapest time to go to Myrtle Beach?
High season is considered to be January, November and December. The cheapest month to fly to Myrtle Beach is July .
Why is Myrtle Beach property so cheap?
So why is this famous beach community so affordable? Because the city has a dark side as well . The violent crime rate in Myrtle Beach is more than four times the national average, according to the most recent FBI data. That’s brought home prices down.
What is an average HOA fee?
HOA fees vary drastically, but some estimates claim these fees are between $100 and $1,000 per month, with the average ranging between $200 and $300 . The amount of an HOA fee varies based on the type of property and the amenities provides—the more services and amenities, the higher the fees.
What is the crime rate in Myrtle Beach?
| City | Myrtle Beach | Violent Crimes Per 1,000 | 11.5 | Other Personal Per 1,000 | 31.81 | Other Property Per 1,000 | 155.19 | Score | 0.21 |
|---|
Is Myrtle Beach good place to invest?
Myrtle Beach is popular for its beaches and entertainment. Thus, if you own a property there, there is a high probability that it will become a suitable investment property . There is such high demand for renting these properties, you can easily charge a higher rent.
Is there a bad part of Myrtle Beach?
Downtown Myrtle Beach does have a large homeless population. Locals and city leaders alike say this adds to the high crime in the downtown areas. Myrtle Beach is only dangerous should you or your children remain in the areas near Joe White Avenue and Ocean Boulevard after 9 p.m.
Is Myrtle Beach expensive to live?
Cost of Living in Myrtle Beach, South Carolina by Expense Category. Myrtle Beach’s housing expenses are 30% lower than the national average and the utility prices are 18% higher than the national average. Transportation expenses like bus fares and gas prices are 8% lower than the national average.
Is Myrtle Beach affordable to live?
MYRTLE BEACH, S.C. – In a recent article released by USA Today, Myrtle Beach was named the number one affordable city “where everyone wants to live right now .” ... Each city on the list offers a cost of living that is lower than the national average and housing costs that are more in line with incomes.
What is considered off season in Myrtle Beach?
The off-season in Myrtle Beach is generally November through February . While these are the coolest months here on the coast, temperatures tend to reach highs of 60s and even 70s on the warmest days. Even on cooler days, the strength of the sun provides warmth during the day.
What is the best month to visit Myrtle Beach?
- The best time to visit Myrtle Beach is June through August, perfect weather for splashing around in the Atlantic and lying on the beach! ...
- June through August is Myrtle Beach’s peak season.
What is hurricane season in Myrtle Beach?
Hurricane Season is June 1 through November 30 . Should a hurricane threaten our coast, the City of Myrtle Beach’s Emergency Management Division is well prepared to handle whatever Mother Nature sends our way. It is important that our citizens, business owners and visitors are ready for any possible storms, too.
