Rent to own Homes in North Myrtle Beach, SC
Formed from four separate communities north of Myrtle Beach in 1968, North Myrtle Beach is known primarily as a tourist town. Stretching from the North Carolina state line to the border with Atlantic Beach and Myrtle Beach, the town draws millions of visitors each year to its Grand Strand along the Atlantic Ocean.
North Myrtle Beach, SC is a great place for affordable rent-to-own homes! With a median household income of over $61,390 and a median rent of $1,105, the North Myrtle Beach, SC rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in North Myrtle Beach, SC. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More North Myrtle Beach, SC Property Resources
Rent to own Homes in Cities Near North Myrtle Beach, SC
- Ash
- Atlantic Beach
- Briarcliffe Acres
- Bucksport
- Calabash
- Carolina Forest
- Carolina Shores
- Clarendon
- Conway
- Forestbrook
- Garden City
- Green Sea
- Homewood
- Little River
- Live Oak
- Longs
- Longwood
- Loris
- Murrells Inlet
- Myrtle Beach
- Nakina
- North Myrtle Beach
- Ocean Isle Beach
- Red Hill
- Socastee
- Sunset Beach
- Surfside Beach
Neighborhoods in North Myrtle Beach, SC
Beach Cove Ocean Resort rent to own homes Windy Hill Beach rent to own homes Crescent Beach rent to own homes Tilghman Estates rent to own homes Cherry Grove Beach rent to own homes Ocean Drive Beach rent to own homes Tidewater Plantation rent to own homes Creekside rent to own homes Hollywood rent to own homes North Myrtle Beach rent to own homesPopular Zip Codes in North Myrtle Beach, SC
29597 rent to own homes 29598 rent to own homes 29582 rent to own homesBuying a Home in North Myrtle Beach, SC
North Myrtle Beach, SC is seeing rapid growth and North Myrtle Beach, SC's' housing market remains not optimal with an average home price that is 27% above the 2024 national average. North Myrtle Beach, SC is part of Horry county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Horry is 0.41% which is below the national average, which is 0.99%.
Median Home Price in North Myrtle Beach, SC
Median Rent in North Myrtle Beach, SC
Top 6 Reasons to Live in North Myrtle Beach, SC
Vacancies! There are more vacancies in North Myrtle Beach than the national average - ten times more, in fact! If you're looking for rent to own homes, you should check out the communities of Cherry Grove in the northeastern part of the town and Crescent Beach on the southern side near Atlantic Beach. Or, if you want something a bit more "hip and now," you could try looking in the ever popular Cherry Grove Pier.
Low property taxes! T he median house price in North Myrtle Beach is pretty on bar with the rest of the country (roughly $168,000), but the local property taxes are much lower than the national average! That means by choosing to rent or own a home in Windy Hill or Ocean Drive means you're likely to pay a much lower property tax.
Go barefoot! One of the central attractions in North Myrtle Beach is Barefoot Landing. The retail behemoth is home to the Alabama Theatre, Alligator Adventure, a golf course, and the House of Blues.
A digital city! Named the digital capital of SC by Google, North Myrtle Beach has spent time, energy and money building Internet infrastructure, making the city attractive for businesses like 21 Main at North Beach or Bert's Surf Shop looking to locate in the city.
Beachy fun! More than nine miles of beach in North Myrtle Beach awaits residents all year round, although most will agree summer is the best time! Head to the beach and build sandcastles, take a surfing lesson, fish off one of the piers, or just snooze under an umbrella. Kids love riding The Hippo, a three-story inflatable slide on the beach. Head to Inlet Point Plantation Stables to enjoy horseback riding on the beach.
Go out and play! A boat ramp and fishing pier is found at Cherry Grove Park, while sports courts and a roller hockey rink is part of the fun at J. Bryan Floyd Recreation Center. City Park overlooks the Atlantic Ocean, and McLean Park has a serene two-acre lake providing residents a little quiet in the city.