Myrtle Beach-Conway-North Myrtle Beach vs Waco
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Waco is 28% cheaper for renters. A 2-bedroom rents for $770/mo vs $983/mo in Myrtle Beach-Conway-North Myrtle Beach — saving $2,556/year.
Rent by Unit Size
| Unit Size | Myrtle Beach-Conway-North Myrtle Beach | Waco | Difference |
|---|---|---|---|
| Studio | $698 | $530 | $168 |
| 1 Bedroom | $827 | $629 | $198 |
| 2 Bedrooms | $983 | $770 | $213 |
| 3 Bedrooms | $1,303 | $988 | $315 |
| 4 Bedrooms | $1,404 | $1,119 | $285 |
| Median Income | $58,519 | $40,886 | $17,633 |
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
Waco
- Studio
- $530/mo
- 1 BR
- $629/mo
- 2 BR
- $770/mo
- 3 BR
- $988/mo
- 4 BR
- $1,119/mo
- Median Income
- $40,886/yr
Frequently Asked Questions
Is Myrtle Beach-Conway-North Myrtle Beach or Waco cheaper to rent in?
Waco is cheaper — a 2-bedroom Fair Market Rent is $770/mo vs $983/mo in Myrtle Beach-Conway-North Myrtle Beach. That's $213/mo or $2,556/year more expensive in Myrtle Beach-Conway-North Myrtle Beach (28% higher).
What is the 2-bedroom rent in Myrtle Beach-Conway-North Myrtle Beach vs Waco?
The HUD Fair Market Rent for a 2-bedroom in Myrtle Beach-Conway-North Myrtle Beach is $983/month. In Waco, a 2-bedroom FMR is $770/month.
How do incomes compare between Myrtle Beach-Conway-North Myrtle Beach and Waco?
The median household income in Myrtle Beach-Conway-North Myrtle Beach is $58,519/year. In Waco it is $40,886/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 Waco?
A studio apartment Fair Market Rent in Myrtle Beach-Conway-North Myrtle Beach is $698/mo. In Waco it is $530/mo.