Cost of Living in Horry County, South Carolina
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Horry County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Horry County ranks #2,378 of 3,142 counties for affordability (bottom 24%)
Sourced county brief
Horry County Median Gross Rent Estimated at $1,255 Per Month
Horry County recorded a median gross rent of $1,255 per month, a figure that is $270 above the South Carolina unweighted county mean of $985. The official ACS B25071 gross rent as a percentage of household income (GRAPI) was 31.2%, which is 0.7 percentage points higher than the state unweighted county mean of 30.5%. Median selected monthly owner costs for all units were $967, exceeding the state unweighted county mean of $791. Additionally, the median home value was estimated at $287,700, which is higher than the state unweighted county mean of $199,733. Renter-household median income for the period was $47,911. These data points are sourced from the U.S. Census Bureau American Community Survey (ACS) 2020-2024 5-Year Estimates. For further details on these housing cost metrics, refer to ACS tables B25064, B25071, B25077, B25088, and B25119. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Horry County
Affordability Verdict
ACS B25071 estimates median gross rent at 31.2% of renter household income in Horry County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $1,255 per month; median selected monthly owner costs are $967. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $50,200 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The South Carolina unweighted mean of county median rents is $985 per month. Horry County's $1,255 median is 27.5% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Horry County
Rent Burden
22.5%
of gross income
Max Housing (28% Rule)
$1,561
per month
Owner Cost Burden
17.4%
of gross income
The median home in Horry County may be a stretch
Median home value is $287,700. Estimated monthly cost: $2,297 vs. your max of $1,561.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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