Myrtle Beach-Conway-North Myrtle Beach vs Rapid City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Rapid City is 18% cheaper for renters. A 2-bedroom rents for $835/mo vs $983/mo in Myrtle Beach-Conway-North Myrtle Beach — saving $1,776/year.
Rent by Unit Size
| Unit Size | Myrtle Beach-Conway-North Myrtle Beach | Rapid City | Difference |
|---|---|---|---|
| Studio | $698 | $574 | $124 |
| 1 Bedroom | $827 | $702 | $125 |
| 2 Bedrooms | $983 | $835 | $148 |
| 3 Bedrooms | $1,303 | $1,106 | $197 |
| 4 Bedrooms | $1,404 | $1,277 | $127 |
| Median Income | $58,519 | $44,904 | $13,615 |
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
Rapid City
- Studio
- $574/mo
- 1 BR
- $702/mo
- 2 BR
- $835/mo
- 3 BR
- $1,106/mo
- 4 BR
- $1,277/mo
- Median Income
- $44,904/yr
Frequently Asked Questions
Is Myrtle Beach-Conway-North Myrtle Beach or Rapid City cheaper to rent in?
Rapid City is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $983/mo in Myrtle Beach-Conway-North Myrtle Beach. That's $148/mo or $1,776/year more expensive in Myrtle Beach-Conway-North Myrtle Beach (18% higher).
What is the 2-bedroom rent in Myrtle Beach-Conway-North Myrtle Beach vs Rapid City?
The HUD Fair Market Rent for a 2-bedroom in Myrtle Beach-Conway-North Myrtle Beach is $983/month. In Rapid City, a 2-bedroom FMR is $835/month.
How do incomes compare between Myrtle Beach-Conway-North Myrtle Beach and Rapid City?
The median household income in Myrtle Beach-Conway-North Myrtle Beach is $58,519/year. In Rapid City it is $44,904/year. Myrtle Beach-Conway-North Myrtle Beach has the higher median income.
What is the studio rent in Myrtle Beach-Conway-North Myrtle Beach vs Rapid City?
A studio apartment Fair Market Rent in Myrtle Beach-Conway-North Myrtle Beach is $698/mo. In Rapid City it is $574/mo.