Most people categorize the entire "Grand Strand" as Myrtle Beach. But actually the Grand Strand stretches over 60 miles of beach front and has numerous towns, manicipalities and school districts.
Our local MLS does not track residential rental, so it is difficult to get a quick snap shot of the local rental market. Most Myrtle Beach Property Management companies dont work much together and dont really share much information.
But the hottest rental area from what I have seen is Murrells Inlet. Murrells Inlet is just south of Myrtle Beach and most of it is in the St James School District. This area has been highly sought after for retirees looking to move to the area and locals looking for a quite place to live outside of the popular tourist areas.
The big plus for people purchasing for investment or rental purposes is there are not any apartment complexes in the Murrells Inlet area. This makes for a great atmosphere for people looking to own investment property. The area also doesn't have much land left to build apartments.
Murrells Inlet Condos for sale in the area are a lot more resonable than they were just a few years ago. in many neighborhoods a 3bedroom condo can be bought for $110,000 or less. Homes can be bought starting at around $150,000. Murrells Inlet foreclosures are also worth looking into.
For more information on Murrells Inlet contact us
The Benton Group
843-997-7555
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