FairRentWize

Albany vs Myrtle Beach-Conway-North Myrtle Beach

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Albany is 70% cheaper for renters. A 2-bedroom rents for $577/mo vs $983/mo in Myrtle Beach-Conway-North Myrtle Beach — saving $4,872/year.

Rent by Unit Size

Unit SizeAlbanyMyrtle Beach-Conway-North Myrtle BeachDifference
Studio$407$698$291
1 Bedroom$488$827$339
2 Bedrooms$577$983$406
3 Bedrooms$748$1,303$555
4 Bedrooms$841$1,404$563
Median Income$39,279$58,519$19,240

Albany

Studio
$407/mo
1 BR
$488/mo
2 BR
$577/mo
3 BR
$748/mo
4 BR
$841/mo
Median Income
$39,279/yr
Full Albany profile →

Myrtle Beach-Conway-North Myrtle Beach

Studio
$698/mo
1 BR
$827/mo
2 BR
$983/mo
3 BR
$1,303/mo
4 BR
$1,404/mo
Median Income
$58,519/yr
Full Myrtle Beach-Conway-North Myrtle Beach profile →

Frequently Asked Questions

Is Albany or Myrtle Beach-Conway-North Myrtle Beach cheaper to rent in?
Albany is cheaper — a 2-bedroom Fair Market Rent is $577/mo vs $983/mo in Myrtle Beach-Conway-North Myrtle Beach. That's $406/mo or $4,872/year more expensive in Myrtle Beach-Conway-North Myrtle Beach (70% higher).
What is the 2-bedroom rent in Albany vs Myrtle Beach-Conway-North Myrtle Beach?
The HUD Fair Market Rent for a 2-bedroom in Albany is $577/month. In Myrtle Beach-Conway-North Myrtle Beach, a 2-bedroom FMR is $983/month.
How do incomes compare between Albany and Myrtle Beach-Conway-North Myrtle Beach?
The median household income in Albany is $39,279/year. In Myrtle Beach-Conway-North Myrtle Beach it is $58,519/year. Myrtle Beach-Conway-North Myrtle Beach has the higher median income.
What is the studio rent in Albany vs Myrtle Beach-Conway-North Myrtle Beach?
A studio apartment Fair Market Rent in Albany is $407/mo. In Myrtle Beach-Conway-North Myrtle Beach it is $698/mo.