Myrtle Beach-Conway-North Myrtle Beach, SC-NC · South Carolina

Horry County

ZIP 29577

368,937 residents6,755 permits TTM$64,623 median HHI16 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$260,500

ACS 5-Year

Cap rate proxy

5.4%

FMR × 0.65 ÷ Home Value

Rent-to-income

21.9%

HUD FMR ÷ ACS HHI

Net migration

+3.00%

IRS SOI

Permits (TTM)

6,755

Census BPS

Climate risk

98.2

FEMA NRI (0–100)

ZIP 29577

Median home value

Gross yield

Cap rate

7.3%

Rent gap

Affordability

P/I: 4.3R/I: 31.1%

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown16 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
295817.8%
295457.5%
295277.7%
295688.1%
295777.3%

Ranked by composite score

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Demographics

Owner-occupied

75.8%

Census ACS

Vacancy rate

29.0%

Census ACS

Bachelor's degree +

26.6%

Census ACS

Rent burdened

46.4%

Census ACS (>30% income)

Median age

48.2

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026