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City · 10,044 residents · Georgetown County, South Carolina

Murrells Inlet , South Carolina

In Murrells Inlet, a typical home is worth $366,000 and typical rent is $1,751 a month. Compared with all of Georgetown County, typical rent is 45% higher and the typical home value is 26% higher.

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  • Typical home value

    $366,000

    26% above the county

    41% above South Carolina

    • Murrells Inlet
    • Georgetown
    • South Carolina

  • Typical rent

    $1,751a month

    45% above the county

    48% above South Carolina

    • Murrells Inlet
    • Georgetown
    • South Carolina

  • Typical household income

    $77,438a year

    13% above the county

    12% above South Carolina

    • Murrells Inlet
    • Georgetown
    • South Carolina

  • Households that own their home

    86%

    2 points above the county

    14 points above South Carolina

    • Murrells Inlet
    • Georgetown
    • South Carolina

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$400,069
0.7% more than 12 months ago
Typical rent
$1,919 a month
3.2% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Murrells Inlet is in Georgetown County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Georgetown County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Murrells Inlet apart

What this place has that others do not, from public data, most unusual first.

  1. Murrells Inlet has the 2nd largest share of rent-burdened renters of the 93 cities in South Carolina with more than 5,000 people (80%).

  2. Nearby, in Garden City, the typical home value is $217,400: 41% less than in Murrells Inlet ($366,000).

  3. The typical rent in Murrells Inlet is $1,751 a month, 45% more than in Georgetown County as a whole ($1,204).

  4. Nearby, in Socastee, the typical rent is $1,246: 29% less than in Murrells Inlet ($1,751).

  5. The typical home in Murrells Inlet is worth $366,000, 26% more than in Georgetown County as a whole ($289,500).

  6. Murrells Inlet has the 7th highest homeownership rate of the 101 cities in South Carolina with more than 5,000 people (86%).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Murrells Inlet

What homes there are in Murrells Inlet, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Detached houses are the majority in Murrells Inlet (57%), but less so than in Georgetown County (62%).

Year built

Homes in Murrells Inlet are newer: the typical year built is 2002; in Georgetown County, 1993.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

The FHA loan limit for Georgetown County is $541,287, and about 77% of owner-occupied homes in Murrells Inlet are worth less than that.

Monthly rent with utilities

With a mortgage

$1,661 a month

Georgetown County: $1,490 a month

Without a mortgage

$605 a month

Georgetown County: $545 a month

Owners with a mortgage

57%

Georgetown County: 49%

Owning costs more in Murrells Inlet: with a mortgage, the typical cost is $1,661 a month; in Georgetown County, $1,490. Without one, $605.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Murrells Inlet rose 39% since 2015–2019, less than in Georgetown County (53%).

Since 2015–2019, the typical rent in Murrells Inlet rose 55%, more than in Georgetown County (34%).

Housing prices ran ahead of income in Murrells Inlet: typical income rose 30%, against +39% for home values and +55% for rent.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureMurrells InletGeorgetown CountySouth CarolinaUnited States
Rental vacancy Unreliable estimateUnreliable estimate8.3%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.9%0.9%
More than one person per room Unreliable estimate2.4%2.0%3.4%
People per household 2.182.372.442.53
Drive alone 77%77%76%69%
Carpool Unreliable estimate9%9%9%
Public transit Unreliable estimateUnreliable estimate0%3%
Walk or bike Unreliable estimate1%2%3%
Work from home 15%10%12%15%
Other means Unreliable estimate2%2%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

Households in Murrells Inlet are smaller: 2.18 people on average; in Georgetown County, 2.37.

Working from home is more common in Murrells Inlet: 15%, against 10% in Georgetown County.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Murrells Inlet?

A typical home costs more than the typical income allows

We start with a typical home in Murrells Inlet, worth $366,000, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 44% of the typical household income in Murrells Inlet, which is $77,438 a year. For that payment to be 28% of income, a household would need to earn about $122,776 a year.

The calculator's FHA and conventional loan limits are those of all of Georgetown County.

Your numbers

Local data
$

Starts at the typical home value in Murrells Inlet. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $12,810 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,865

at 7.18% · 30 years

Loan amount
$359,371
Total interest
$517,050
Paid off in
November 2056

Includes $6,181 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,807 a month

  • Tight

    $1,807 to $2,323 a month

  • Hard

    more than $2,323 a month

    Your payment · 44%

Compared with the typical household income in Murrells Inlet ($77,438 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,865
Principal & interest$2,435
Property tax$116
Home insurance$153
FHA mortgage insurance (MIP)$162

You need at least $12,810 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Murrells Inlet and Georgetown County

Murrells Inlet is in Georgetown County, South Carolina. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Murrells Inlet's own numbers

Typical home value
$366,000
Typical monthly rent
$1,751
Typical yearly household income
$77,438
Households that own their home
86%
Effective property tax rate
0.38%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Georgetown County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,158
Price change over 5 years (FHFA)
+65%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Georgetown County.

Everything about Georgetown County

Buying

Buying a home in Murrells Inlet

A typical home in Murrells Inlet is worth $366,000: 26% above the county and 41% above South Carolina. With the typical household income in Murrells Inlet ($77,438 a year), a typical home costs 4.7 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Murrells Inlet 4.7 years
  • Georgetown 4.2 years
  • South Carolina 3.7 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Georgetown County

According to FHFA’s house price index, home prices in Georgetown County rose 106% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Georgetown County.

Period County South Carolina U.S.
Last year (2025) +3.1% +3.6% +2.9%
5 years (2020–2025) +65% +60% +47%
10 years (2015–2025) +106% +104% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Murrells Inlet next to Georgetown County, South Carolina and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Murrells Inlet $366,000
  • Georgetown $289,500
  • South Carolina $259,000
  • United States $332,700
Typical monthly rent
  • Murrells Inlet $1,751
  • Georgetown $1,204
  • South Carolina $1,180
  • United States $1,413
Typical yearly household income
  • Murrells Inlet $77,438
  • Georgetown $68,713
  • South Carolina $69,324
  • United States $80,734
See the full table
Murrells Inlet next to Georgetown County and South Carolina
Measure Murrells Inlet Georgetown County South Carolina U.S.
Typical home value $366,000 $289,500 $259,000 $332,700
Typical monthly rent $1,751 $1,204 $1,180 $1,413
Typical yearly household income $77,438 $68,713 $69,324 $80,734
Households that own their home 86% 84% 72% 65%
Typical yearly property tax $1,376 $1,190 $1,251 $3,119
Effective property tax rate 0.38% 0.41% 0.48% 0.94%
Renters with high rent for their income 80% 59% 52% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Georgetown County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Murrells Inlet

For a typical $366,000 home in Murrells Inlet, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Murrells Inlet's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,865a month

    Least cash to close
    Down payment
    $12,810
    Cash to close
    $23,790
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $162

  • Conventional, 5% down $2,798a month

    Down payment
    $18,300
    Cash to close
    $29,280
    Rate
    7.18%
    Mortgage insurance
    PMI · $174

  • Conventional, 20% down, no PMI $2,252a month

    Down payment
    $73,200
    Cash to close
    $84,180
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,590a month

    Down payment
    $54,900
    Cash to close
    $65,880
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Murrells Inlet and for Georgetown County.

Property tax

Effective rate in Murrells Inlet

0.38%of the home’s value each year

$1,376 a year for the typical owner in Murrells Inlet.

  • Murrells Inlet 0.38%
  • Georgetown 0.41%
  • South Carolina 0.48%

What South Carolina publishes Special 4% assessment ratio for your legal residence (South Carolina General Assembly (South Carolina Code of Laws))

Exemptions and deadlines in South Carolina

Flood risk in Georgetown County

FEMA does not publish these numbers by city: they are for all of Georgetown County.

FEMA’s maps count no homes in the high-risk zone in Georgetown County. That does not mean it cannot flood: check your address.

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Murrells Inlet

Typical rent in Murrells Inlet is $1,751 a month: 45% above the county. In Murrells Inlet, 80% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Georgetown County, by unit size. To pay the 2-bedroom one ($1,158 a month) without spending more than 30% of your income, you would need to earn $22.27 an hour working full time.

HUD fair market rent for all of Georgetown County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $842 $16.19 $33,680
1 bedroom $885 $17.02 $35,400
2 bedrooms $1,158 $22.27 $46,320
3 bedrooms $1,380 $26.54 $55,200
4 bedrooms $1,936 $37.23 $77,440

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Murrells Inlet

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Murrells Inlet is in ZIP code 29576.

For 2 bedrooms it is $1,720: $562 more than the fair market rent for Georgetown County ($1,158).

  • 29576 $1,720$2,080

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Murrells Inlet when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Murrells Inlet

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Georgetown County. The nearest ones are below; many serve by phone or online.

An older woman smiles in front of her apartment building.

HUD counseling is free or low-cost

Assistance programs in Murrells Inlet

1 program is for Murrells Inlet or Georgetown County, by its own record: they come first, each with what its official page says about being open. The ones below are statewide in South Carolina: they work in Murrells Inlet the same as in the rest of the state.

Which programs do I qualify for? All programs in South Carolina

  • County First Initiative

    For Georgetown County

    South Carolina state agency rural initiative for certain counties: an FHA, USDA or VA mortgage at a special fixed rate with forgivable down payment assistance, for first-time buyers and for people who have owned a home before. Offered by SC Housing (South Carolina State Housing Finance and Development Authority).

    Forgivable

    See the program Official page

  • Palmetto Home Advantage

    Statewide in South Carolina

    South Carolina state agency program with forgivable down payment assistance of 0%, 3% or 4% of the loan, with no monthly payments, for any buyer in all 46 counties. Offered by SC Housing (South Carolina State Housing Finance and Development Authority).

    Forgivable

    See the program Official page

  • SC Housing Homebuyer Program

    Statewide in South Carolina

    South Carolina state agency fixed-rate mortgage with forgivable help for the down payment, closing costs or prepaid expenses: a 0% second mortgage with no monthly payments, forgiven if you live in the home 15 years. Offered by SC Housing (South Carolina State Housing Finance and Development Authority).

    Forgivable

    See the program Official page

Housing counselors near Murrells Inlet

The HUD-approved agencies closest to the center of Murrells Inlet, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • City of Florence

    324 W Evans St, Florence · 60 miles away

    • Fair housing pre-purchase workshops
    • Pre-purchase counseling
    • and 2 more
    (843) 665-3175

  • Increasing H.o.p.e. Financial Training Center

    8570 Rivers Ave, North Charleston · 70 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 4 more
    (843) 225-4343

  • Origin SC

    8084 Rivers Ave, North Charleston · 71 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 9 more
    (843) 628-3000

All counseling agencies in South Carolina

Help in Spanish near Murrells Inlet

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Murrells Inlet

In HUD’s record, no housing authority with an office in Georgetown County is named for Murrells Inlet or Georgetown County.

One other authority has an office in Georgetown County: see the list Source: HUD

Cities

Other cities in Georgetown County

These cities are also in Georgetown County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Georgetown County Housing in South Carolina

Nearby cities

The cities closest to Murrells Inlet, with the typical home value.

Neighboring counties

If Georgetown County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Murrells Inlet.

All guides
A family roasts marshmallows over a campfire at a forest campsite.

Questions

Housing questions about Murrells Inlet

Short answers with the numbers for Murrells Inlet and all of Georgetown County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Murrells Inlet?

The typical home value in Murrells Inlet is $366,000, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Georgetown County it is $289,500.

How much does it cost to rent in Murrells Inlet?

Typical rent in Murrells Inlet is $1,751 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Georgetown County is $1,158.

What is the FHA loan limit in Murrells Inlet?

Murrells Inlet uses the FHA limit for all of Georgetown County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Murrells Inlet?

The typical homeowner in Murrells Inlet pays $1,376 a year, according to the U.S. Census Bureau. That is 0.38% of the home’s value; in Georgetown County, the rate is 0.41%.

Where can I find free help to buy or rent in Murrells Inlet?

We found no HUD-approved counseling agencies with an office in Georgetown County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).