FairRentWize

Myrtle Beach-Conway-North Myrtle Beach vs Richmond

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Myrtle Beach-Conway-North Myrtle Beach is 4% cheaper for renters. A 2-bedroom rents for $983/mo vs $1,021/mo in Richmond — saving $456/year.

Rent by Unit Size

Unit SizeMyrtle Beach-Conway-North Myrtle BeachRichmondDifference
Studio$698$669$29
1 Bedroom$827$842$15
2 Bedrooms$983$1,021$38
3 Bedrooms$1,303$1,317$14
4 Bedrooms$1,404$1,453$49
Median Income$58,519$69,914$11,395

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 →

Richmond

Studio
$669/mo
1 BR
$842/mo
2 BR
$1,021/mo
3 BR
$1,317/mo
4 BR
$1,453/mo
Median Income
$69,914/yr
Full Richmond profile →

Frequently Asked Questions

Is Myrtle Beach-Conway-North Myrtle Beach or Richmond cheaper to rent in?
Myrtle Beach-Conway-North Myrtle Beach is cheaper — a 2-bedroom Fair Market Rent is $983/mo vs $1,021/mo in Richmond. That's $38/mo or $456/year more expensive in Richmond (4% higher).
What is the 2-bedroom rent in Myrtle Beach-Conway-North Myrtle Beach vs Richmond?
The HUD Fair Market Rent for a 2-bedroom in Myrtle Beach-Conway-North Myrtle Beach is $983/month. In Richmond, a 2-bedroom FMR is $1,021/month.
How do incomes compare between Myrtle Beach-Conway-North Myrtle Beach and Richmond?
The median household income in Myrtle Beach-Conway-North Myrtle Beach is $58,519/year. In Richmond it is $69,914/year. Richmond has the higher median income.
What is the studio rent in Myrtle Beach-Conway-North Myrtle Beach vs Richmond?
A studio apartment Fair Market Rent in Myrtle Beach-Conway-North Myrtle Beach is $698/mo. In Richmond it is $669/mo.