Let’s cut through the noise.
If you’re living in Myrtle Beach, relocating here, or just Zillow-scrolling while daydreaming about trading snow boots for sandy toes, you’ve probably asked yourself: Is it smarter to rent or buy in Myrtle Beach right now?
The answer isn’t just numbers — it’s strategy.
I’m breaking it down investor-style (that means no fluff, no fear tactics, just real-world logic), with insights I’ve earned through flipping, redeveloping, and representing clients across the Carolinas.
Let’s Talk Affordability (Spoiler: It’s Not 2010 Anymore)
South Carolina is no longer a secret. With more people relocating from the Northeast and Midwest, home prices in Myrtle Beach have steadily climbed. But here’s the kicker: rents have climbed even faster.
In 2024, average rent for a 3-bedroom home in Myrtle Beach hovers around $2,000/month. That’s $24,000 per year — with zero equity, tax deductions, or long-term benefit.
Now compare that to a mortgage on a $275,000 home with 5% down:
- Mortgage + taxes + insurance = roughly $1,800/month (depending on credit and terms)
- Tax deductions + equity growth = long-term wealth
You do math. Literally.
Buying Builds Wealth. Renting Builds… Your Landlord’s Portfolio
Every rent check you write is building someone else’s equity. In Myrtle Beach, smart buyers are using house hacking, Airbnb income, and long-term appreciation to build net worth and fund their lifestyle.
Real estate here isn’t just a roof over your head — it’s a strategic wealth-building move.
And before you say, “But I don’t want to stay forever!”
Great. Because guess what? If you buy right, your home becomes:
- A future vacation rental
- A passive income stream
- A tax-advantaged investment
Win. Win. Win.
Don’t Let Interest Rates Scare You
Rates fluctuate. Property values rarely go backwards in markets like Myrtle Beach.
Even if you buy at a 6.75% rate, you can always refinance. But if you wait too long and prices go up another $40,000? You’re stuck chasing the market with less buying power.
Marry the house, date the rate.
Local Perks You Won’t Find Elsewhere
Here in Myrtle Beach, you’re not just investing in a house — you’re investing in lifestyle:
- Coastal breeze 365 days a year
- Golf courses, world-class dining, and water access
- Proximity to growing markets like Charleston, Wilmington, and Charlotte
- Relatively low property taxes and no state estate tax
It’s not just beachfront living. It’s smart living.
Still Thinking? Here’s the Real Cost of Waiting
In real estate, time is money. Every year you wait is another year of lost equity, missed appreciation, and rising costs.
You don’t have to buy today. But you do need a game plan.
Ready to Play Offense Instead of Defense?
Here’s what I tell my clients:
- Let’s run the numbers together (not just look at listings)
- Let’s talk strategy, equity, lifestyle
- Let’s make sure you’re buying smart, not just buying pretty
DM me “READY” or send a quick message here. I’ll send you a zero-pressure, high-value buyer blueprint that walks you through the process and shows you what your money can really do in this market.
Because I don’t just help people buy houses. I help them buy freedom.
Looking to collaborate, refer, or expand your network?
If you’re an agent in another market, let’s connect. I love working with sharp partners who value win-wins. Myrtle Beach isn’t just my territory—it’s my playground.
Let’s build something big.
Always rooting for you,
Evangeline Raiskaya | Ramos Property Team
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