Myrtle Beach Short-Term Rental (STR)
Investment Guide 

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Is Myrtle Beach a Good Market for Short-Term Rental Investments?

Yes — Myrtle Beach is a strong short-term rental market, thanks to year-round tourism, beach access, and consistent vacation demand. However, success depends on buying a property that complies with local regulations, performs outside peak season, and has manageable insurance and HOA costs.

Are Short-Term Rentals Allowed in Myrtle Beach, SC?

Short-term rentals are allowed in Myrtle Beach, but properties must comply with zoning rules, city registration requirements, and HOA regulations.

Before purchasing, buyers should confirm:

• Zoning allows rentals under 30 days

• The property is properly registered with the city

• HOA documents explicitly allow short-term rentals

• No rental caps or minimum stay restrictions apply

How Much Do Short-Term Rentals Make in Myrtle Beach?

Short-term rental income in Myrtle Beach varies by location, property type, and season.

High-performing properties typically:

• Sleep 6–10 guests

• Are close to beach access or oceanfront

• Have multiple bathrooms and desirable amenities

Buyers should analyze net income, not gross revenue, and use conservative occupancy assumptions beyond peak summer months.

What Are the Biggest Risks of Myrtle Beach STR Investments?

The most common risks include:

• HOA restrictions or future rental bans

• Some Oceanfront Resorts restrict renters' access to amenities if the owner doesn't use the on-site rental management company.

• Flood zones with high insurance costs

• Income projections based only on peak season

• Special assessments or HOA litigation

• Deferred maintenance is impacting guest reviews

What Insurance Is Required for Myrtle Beach Short-Term Rentals?

Most Myrtle Beach short-term rental properties require:

• Short-term rental insurance

• Wind and hail coverage

• Flood insurance (if in a flood zone)

• Liability and loss-of-income coverage

Insurance costs should be confirmed before making an offer, as coastal premiums can significantly impact cash flow.

What Properties Perform Best as Myrtle Beach STRs?

The best Myrtle Beach short-term rental investments typically include:

• Walkable beach access or oceanfront location

• Ability to sleep 6–10 guests

• Multiple bathrooms

• Balcony, pool access, and ocean views

• Convenient parking for guests

How Do HOAs Affect Myrtle Beach Short-Term Rentals?

HOAs play a major role, especially for condos.

Buyers should review:

• Whether short-term rentals are explicitly allowed

• Rental caps or waitlists

• HOA financial reserves

• Pending special assessments or litigation

Vague HOA language is a major red flag for STR buyers.

What Is a Smart Exit Strategy for Myrtle Beach STRs?

A strong Myrtle Beach short-term rental investment should:

• Be eligible for long-term rental conversion

• Have strong resale demand

• Balance cash flow with appreciation potential

• Ask if the property's current rental management company enforces the 90 Day Vacation Act.

Flexibility protects investors in the event that market or regulatory conditions change.

Myrtle Beach Short-Term Rental Buyer Checklist

To avoid common mistakes, buyers should follow a structured checklist covering:

• Local STR rules and zoning

• Financial and insurance considerations

• HOA review

• Property features that drive performance

👉 Download the Myrtle Beach Short-Term Rental Buyer Checklist to evaluate properties with confidence.

Connect with an experienced agent that has sold and owned short- term rentals in the  Myrtle Beach area. Text us at 919-280-4567

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