Housing market/South Carolina/ZIP 29545

ACS 2023 · FY2027 SAFMR

ZIP 29545 Green Sea, South Carolina

Myrtle Beach-North Myrtle Beach-Conway, SC HUD Metro FMR Area · South Carolina. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
2,066
Households
700
Median HH income
$34,358
Renter share
51.0%
Median gross rent
$737
Vacancy
4.8%
Pop. change
+43.1%
2BR SAFMR
$1,320
SAFMR / rent
1.791×
2–49 unit stock
71
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 29545 · SC — sent to you.

ZIP 29545 · SC

ACS median rent$737
2BR SAFMR$1,320
90% floor$1,188
110% ceiling$1,452

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 29545

  • 1-unit detached25434.6%
  • 5–49 units719.7%
  • Mobile41055.8%
TypeUnitsShare
1-unit detached25434.6%
1-unit attached00.0%
2 units (duplex)00.0%
3–4 units00.0%
5–9 units00.0%
10–19 units719.7%
20–49 units00.0%
50+ units00.0%
Mobile41055.8%

2–4 unit share 0.0% · 5–49 unit share 9.7% · combined 2–49 9.7%.

Units by bedrooms

Studio
5
1BR
0
2BR
233
3BR
420
4BR
77
5+
0

Rent burden

Rent ≥30% of income55.2%
Rent ≥50% of income2.8%
  • ACS median gross rent $737 (all bedrooms, occupied rentals).
  • Median contract rent $524.
  • Renters paying ≥30% of income 55.2%; ≥50% 2.8%.
  • FY2027 2BR SAFMR $1,320 (1.791× ACS median gross rent).

Population

2,066 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +43.1%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 77 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 29545 51.0% of occupied households are renters; vacancy is 4.8%; ACS median gross rent is $737; population increased +43.1% between the 2018 and 2023 ACS vintages; the housing stock includes 0 units in 2–4-unit structures and 71 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,320 versus ACS median gross rent of $737. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

South Carolina research

ZIP 29545 is a Census / HUD profile for Myrtle Beach-North Myrtle Beach-Conway, SC. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is South Carolina research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 29545?

ZIP 29545 (Myrtle Beach-North Myrtle Beach-Conway, SC HUD Metro FMR Area) has 2,066 residents, 700 households, a renter share of 51.0%, median household income of $34,358, and ACS 2023 median gross rent of $737. Vacancy is 4.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 29545?

ACS counts 0 units in 2-unit buildings, 0 in 3–4 unit buildings, 0 in 5–9, 71 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 71 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 29545?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,320. See the full schedule and 90–110% payment-standard band on the ZIP 29545 — Green Sea, SC HUD Section 8 Payment Standards / SAFMR.

Does this South Carolina ZIP profile include Georgia listings?

No. ZIP 29545 is Census / HUD research for Myrtle Beach-North Myrtle Beach-Conway, SC HUD Metro FMR Area. Jeff Crowe CRE does not list South Carolina property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.