What is the Fair Market Rent for a 2-bedroom in Myrtle Beach-North Myrtle Beach-Conway, SC HUD Metro FMR Area?

The HUD Fair Market Rent for a 2-bedroom unit in Myrtle Beach-North Myrtle Beach-Conway, SC HUD Metro FMR Area is $1,465 per month for fiscal year 2026. The studio FMR is $1,145, 1-bedroom is $1,229, 3-bedroom is $1,805, and 4-bedroom is $2,111.

What income do you need to afford the FMR in Myrtle Beach-North Myrtle Beach-Conway, SC HUD Metro FMR Area?

Using the standard 30%-of-income affordability rule, a household would need to earn about $58,600 per year ($4,883 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,465 in Myrtle Beach-North Myrtle Beach-Conway, SC HUD Metro FMR Area.

FY2026 Fair Market Rents — Myrtle Beach-North Myrtle Beach-Conway, SC HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio

$1,145

1BR

$1,229

2BR

$1,465

3BR

$1,805

4BR

$2,111

Hours/week at min wage

156 hrs

to afford the 2BR FMR @ $7.25/hr (federal)

National rank

#204

of 661 U.S. metros (top 32% most expensive)

YoY change (2BR)

+4.2%

+$59 vs FY2025 · 5-yr +63.1%

Voucher payment standard

$1,319–$1,612

PHAs set HCV payment at 90–110% of the 2BR FMR

Myrtle Beach-North Myrtle Beach-Conway, SC HUD Metro FMR Area

Metropolitan area · SC · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$1,145	$13,740
1-Bedroom	$1,229	$14,748
2-Bedroom	$1,465	$17,580
3-Bedroom	$1,805	$21,660
4-Bedroom	$2,111	$25,332

Recent 2-Bedroom FMR Trend

FY2020 $997 → FY2026 $1,465

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$1,145	$1,229	$1,465	$1,805	$2,111
FY2025	$1,133	$1,199	$1,406	$1,771	$2,065
FY2024	$1,121	$1,187	$1,361	$1,724	$2,005
FY2023	$966	$991	$1,141	$1,455	$1,642
FY2022	$885	$917	$1,062	$1,349	$1,526
FY2021	$732	$763	$898	$1,160	$1,314
FY2020	$812	$847	$997	$1,288	$1,460

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $86,000

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$18,100	$21,640	$27,320	$33,000	$38,680	$44,360
50% AMI (Very Low)	$30,100	$34,400	$38,700	$43,000	$46,450	$49,900
80% AMI (Low)	$48,200	$55,050	$61,950	$68,800	$74,350	$79,850

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$17,580/yr

FMR as % of Area Median Income

20.4% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$58,600/yr

$4,883/mo gross income

FY2026 LIHTC Maximum Rents

Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →

AMI Band	Studio	1BR	2BR	3BR	4BR
50% AMI Maximum	$752	$860	$967	$1,161	$1,247
60% AMI Maximum	$903	$1,032	$1,161	$1,393	$1,496

FY2026 HOME Program Rent Limits

Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →

Limit Type	Studio	1BR	2BR	3BR	4BR
High HOME Rent	$1,145	$1,229	$1,397	$1,397	$1,397
Low HOME Rent	$752	$860	$967	$1,075	$1,161

Compare Myrtle Beach-North Myrtle Beach-Conway, SC HUD Metro FMR Area With Other SC Metros

vs. Anderson, SC HUD Metro FMR Area vs. Beaufort County, SC HUD Metro FMR Area vs. Charleston-North Charleston, SC MSA vs. Chester County, SC HUD Metro FMR Area vs. Clarendon County, SC HUD Metro FMR Area

Counties in This FMR Area

Horry County