Myrtle Beach
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Myrtle beach
Market Saturation Index
STR Regulations for Myrtle beach
Myrtle Beach Short-Term Rental Regulations Guide
Overview of Short-Term Rentals in Myrtle Beach
Are Short-Term Rentals Allowed?
- Short-term rentals are allowed, but with significant zoning restrictions
- Defined as rentals for less than 90 consecutive days
- NOT permitted in most traditional residential neighborhoods
Zoning Restrictions
Permitted Zoning Districts
Short-term rentals are ONLY allowed in the following zones:
- RMV (Residential Multifamily Visitor)
- MU-H (Mixed-Use High Density)
- C6 (Urban Village)
- A (Amusement)
- E (Entertainment)
- HC1 (Highway Commercial)
- HC2 (Highway Commercial)
- Special exception in IR (Interim Redevelopment)
Restrictions
- Most zones starting with "R" (residential) are prohibited from short-term rentals
- Fewer than 30 houses in residential zones are grandfathered for STRs
Starting a Short-Term Rental Business
Required Steps
- Verify Zoning Compliance
- Obtain a Business License
- Register for Tax Purposes
- Ensure Safety Compliance
Business License
- Must be obtained before launching STR
- Valid for one year
- Renewed annually before April 30
- Fee based on total rental revenue
Tax Obligations
Local Taxes
- City Local Accommodations Tax: 3%
- Horry County Hospitality Fee
- State Lodging Taxes
Safety and Operational Requirements
- Comply with all city ordinances and safety codes
- Obtain necessary permits
- Maintain proper insurance
- Follow occupancy and parking regulations
Contact Information
Myrtle Beach Zoning Division
- Phone: 843-918-1179
- Email: info@cityofmyrtlebeach.com
- Address: P.O. Box 2468, Myrtle Beach, SC 29578
Important Resources
Enforcement
- Violations are misdemeanors
- Potential fines up to $500
- Possible 30-day conviction penalty
Market Performance (Average)
- Gross Revenue: $29,879
- Daily Rate: $192
- Occupancy Rate: 57%
- Total Short-Term Rentals: 1,558
Disclaimer: Regulations can change. Always verify current rules with local authorities before investing.
Photos of Myrtle beach
Overview of Myrtle beach
Myrtle Beach, South Carolina, is a prominent coastal city known for its extensive sandy beaches, golf courses, and family-friendly attractions. As of the latest data, the city's population is approximately 35,000 residents. Myrtle Beach is situated roughly 95 miles (153 kilometers) from Charleston, SC, the nearest major city.
The appeal of Myrtle Beach for short-term rentals is manifold. First and foremost, its 60 miles of sandy shores along the Atlantic Ocean attract numerous visitors year-round. Myrtle Beach also features a variety of notable landmarks and attractions. The Myrtle Beach Boardwalk, for instance, is a bustling hub of restaurants, shops, and entertainment venues (more information can be found at MyrtleBeachBoardwalk.com). Another major attraction is the SkyWheel, a 200-foot tall Ferris wheel providing panoramic views of the coastline (SkyWheel Myrtle Beach).
For family-oriented activities, Broadway at the Beach offers a mix of dining, shopping, and entertainment options (Broadway at the Beach). Meanwhile, golf enthusiasts flock to the area for its numerous golf courses, including the renowned King’s North at Myrtle Beach National (King's North Golf Club).
Myrtle Beach's favorable climate, abundant attractions, and proximity to larger cities like Charleston make it a desirable location for short-term rentals, appealing to both families and solo travelers seeking a coastal getaway.