$0
Average Rent
$1,473 average rent in Myrtle Beach, Q3 2026
0%
Occupancy Rate
90% occupancy rate Myrtle Beach, Q3 2026
0
T4Q Net Absorption
1,646 T4Q net absorption in Myrtle Beach, Q3 2026
0%
Annual Rent Change
1% annual rent change in Myrtle Beach, Q3 2026
0
BPS Annual Occupancy Change
0 BPS annual occupancy change in Myrtle Beach, Q3 2026
0
T4Q Unit Completions
231 T4Q net absorption in Myrtle Beach, Q3 2026
KEY TAKEAWAYS
- Annual absorption of 1,646 units has far outpaced the 231 units delivered over the past year, with net absorption positive for 15 straight quarters.
- Effective rents rose 0.7% year over year to $1,473, the first positive annual reading since early 2023, as quarterly gains resumed in 2026.
- Occupancy held at 90.0% with no change from a year ago, as annual completions fell roughly 90% and the pipeline shrank to just 305 units.
MARKET OUTLOOK
Myrtle Beach has moved past the supply wave that weighed on its market through mid-2025. With annual deliveries down roughly 90% and just 305 units under construction…
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