Is it profitable to do Airbnb in Myrtle Beach, United States?

What is the occupancy rate of Airbnb in Myrtle Beach, United States?

What is the average daily rate of Airbnb in Myrtle Beach, United States?

The United States / Myrtle Beach

Myrtle Beach, Airbnb Market Statistics & Data, United States

A typical short-term rental listing in Myrtle Beach is booked for 226 nights a year, with a median occupancy rate of 62% and an average daily rate of $168. In 2023, a typical host income (annual revenue) was $36K. As of 12th September, 2024, there are 5,647 active Airbnb listings.

Average Revenue: $36K/yr
Occupancy Rate
62%
Avg Daily Rate
$168
Mid Scale
No. of Listings
7,356
Big
YoY Revenue Change
12.99%
Best Month
July
Regulation
Lenient
Learn More >
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
$1,357
Average
$3,095
High
$5,337



Is Airbnb Profitable in Myrtle Beach?

Yes, there is good short-term rental demand. A 62% median occupancy rate is considered a good market for Airbnb. The graph below shows the average monthly host income by month.
Tip! investing in a short-term rental can be highly stable and profitable. It’s stable because housing has been one of the most stable asset classes. Also, when you can’t do an Airbnb anymore, you can still rent it out to a long-term tenant with a lower yield. It is highly profitable because the monthly cash flow from short-term rental investment typically is double the amount of traditional rentals.

Starting an Airbnb in Myrtle Beach

Short-term rental regulation is lenient in Myrtle Beach. Very few Airbnb listing currently have put their license number on their Airbnb listing. This likely means the local government is not strictly enforcing the short-term rental-related regulations.
Average Airbnb Occupancy Rate in Myrtle Beach
A typical listing recorded a 62% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 1.93% of the guests are international guests, and visitors from United states is the largest group. Learn more about guest origin!.

You can find the distribution graph of daily rate and revenue in our market dashboard.
Occupancy Rate: 62%
5,647 Active Listings
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Explore Myrtle Beach's Airbnb Data
market map image
Best Areas in Myrtle Beach for Airbnb
Are you wondering where to invest in Myrtle Beach? Look no further!
  1. Myrtle Beach Boardwalk and Promenade
  2. Broadway at the Beach
  3. Ripley's Aquarium
  4. Myrtle Waves Water Park
  5. Hollywood Wax Museum
  6. Brookgreen Gardens
  7. SkyWheel Myrtle Beach
  8. Family Kingdom Amusement Park
  9. WonderWorks Myrtle Beach
  10. Pirate's Voyage
Top demand Airbnb in Myrtle Beach
Airbtics has been tracking all Airbnb listings since 2019. This allows us to understand interesting metrics, like which properties earn the most in the market. Here are our top picks. Go to the app to find detailed information about 5,647 listings.
listing_image
Entire home & 4 Bed
⭐5.0 (338)
Beautiful Sea Breeze Beach House
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$207
Daily Rate
View Listing
listing_image
Entire home & Studio Bed
⭐5.0 (13)
Stay across the street from the beach #221
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$64
Daily Rate
View Listing
listing_image
Entire home & 1 Bed
⭐5.0 (248)
Awsome Oceanfront 1 Bedroom @ popular resort
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$143
Daily Rate
View Listing
listing_image
Entire home & 3 Bed
⭐5.0 (35)
Beachfront Bliss Private Corner Unit Endless Views
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$646
Daily Rate
View Listing
listing_image
Entire home & 2 Bed
⭐5.0 (21)
Vitamin Sea MB HS-0211 OF 2nd Floor Sleeps 8
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$299
Daily Rate
View Listing
listing_image
Entire home & 2 Bed
⭐5.0 (62)
Vitamin Sea MB HS-1031 OV 10th Floor Sleeps 8
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$443
Daily Rate
View Listing
See 5,647 listing Statistics
Professional Short-term rental property managers in Myrtle Beach
We've compiled a list of host profiles that manage the most Airbnb properties in Myrtle Beach. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
NameListingsRatingRevenue
Julie2914.5$1,23,234
Amanda3523.3$1,23,234
Gosia1094.6$1,23,234
Casago Myrtle3283.9$1,23,234
Evolve1094.3$1,23,234
Other short-term rental market data in Myrtle Beach
Here is a breakdown of short-let properties in Myrtle Beach. You might wonder about more specific data before buying an Airbnb property. For example, how much can an average listing with 4 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month? Click the below button and check out more in-depth vacation rental data for free.
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