$0
Average Rent
$1,469 average rent in Myrtle Beach, Q2 2026
0%
Occupancy Rate
90% occupancy rate Myrtle Beach, Q2 2026
0
T4Q Net Absorption
1,582 T4Q net absorption in Myrtle Beach, Q2 2026
0%
Annual Rent Change
-1% annual rent change in Myrtle Beach, Q2 2026
0
BPS Annual Occupancy Change
-120 BPS annual occupancy change in Myrtle Beach, Q2 2026
0
T4Q Unit Completions
1,042 T4Q net absorption in Myrtle Beach, Q2 2026
KEY TAKEAWAYS
- Demand is accelerating as supply recedes, with trailing 12-month absorption of 1,582 units outpacing 1,038 units delivered, and Q2 absorption of 702 units nearly doubling the prior quarter’s 358 units.
- The construction pipeline is fully exhausted, with 0 units under construction (0.0% of inventory) and trailing 12-month starts at 0 units, down from 603 one year ago, eliminating forward supply risk.
- Rents turned positive quarter over quarter at 3.0%, reaching $1,464, though annual growth remains at -2.5% and stabilized occupancy of 89.6% reflects a 120 basis point year-over-year decline.
MARKET OUTLOOK
Myrtle Beach has entered the final stage of its supply cycle. With construction activity fully halted, the pipeline has been exhausted, removing the primary headwind…
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