How much is a home worth in ZIP code 29588?

The typical home in 29588 is worth $321,200, based on the Zillow Home Value Index.

Are home values rising in 29588?

Home values in 29588 are down 0.7% over the past year, and up 6.0% a year over five years.

What is the typical rent in 29588?

A typical home in 29588 rents for about $1,809 a month, a gross rental yield of 6.8%.

What is the property tax rate in 29588?

The effective property tax rate in 29588 is 0.4% — roughly $1,160 a year on a typical home.

ZIP code 29588 has a population of 52,609 and a median household income of $70,739.

HousingHandbookReference data

…

U.S. ZIP Code · SC29588

Horry County · Myrtle Beach-Conway-North Myrtle Beach, SC

Typical home value

$321,200^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.7%
5-year / yr: +6.0%
10-year / yr: +6.0%

Relative price

vs U.S.: +13.1%
vs metro: +8.1%
vs state: +41.8%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 29588 is worth $321,200 — 8.1% above the Myrtle Beach-Conway-North Myrtle Beach, SC median. Over the past year, values have fallen 0.7%. Homes here rent for a typical $1,809 a month — a 6.8% gross rental yield. The effective property tax rate is 0.4%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,809^[2]
Gross yield: 6.8%^[2]
Cap rate: 4.1%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.4%^[3]
Typical annual tax: $1,160^[3]

#Climate risk

FEMA National Risk Index ratings for Horry County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively Moderate
Coastal flood: Relatively High
Wildfire: Relatively Moderate
Drought: Relatively Low
Heat wave: Relatively Moderate
Hurricane: Very High
Tornado: Relatively High
Earthquake: Relatively Moderate
Winter weather: Relatively High

#Who lives here

Population: 52,609^[3]
Median household income: $70,739^[3]

#Migration

Household moves in and out of Horry County over a year, from IRS tax-return data.

Net migration: +5,932^[5]
Moved in: 15,075
Moved out: 9,143

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 10
Elementary: 4
Middle: 4
High: 2

Socastee High
High · Grades 9–12 · Horry 01
1,712 students
St. James Middle
Middle · Grades 6–8 · Horry 01
907 students
St. James Elementary
Elementary · Grades PK–4 · Horry 01
901 students
St. James Intermediate
Middle · Grades 5–6 · Horry 01
872 students
Forestbrook Middle
Middle · Grades 6–8 · Horry 01
820 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield6.8%

Net yield (after ~40% expenses)4.1%

Annual rent$21,711

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,624

Loan principal$256,960

Down payment$64,240

Total interest paid$327,738

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.10

Monthly cost to own$1,988

Monthly rent$1,809

Owning and renting are roughly even.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 33rd percentile^[1]
Rental yield: 70th percentile^[2]
Property tax: 20th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 29588?: The typical home in 29588 is worth $321,200, based on the Zillow Home Value Index.
Are home values rising in 29588?: Home values in 29588 are down 0.7% over the past year, and up 6.0% a year over five years.
What is the typical rent in 29588?: A typical home in 29588 rents for about $1,809 a month, a gross rental yield of 6.8%.
What is the property tax rate in 29588?: The effective property tax rate in 29588 is 0.4% — roughly $1,160 a year on a typical home.
Who lives in 29588?: ZIP code 29588 has a population of 52,609 and a median household income of $70,739.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

29566 vs 29588 →
Little River CDP, SC
Typical home
$318,039
Gross yield
6.0%
29572 vs 29588 →
Myrtle Beach, SC
Typical home
$315,546
Gross yield
5.5%
29526
Conway, SC
Typical home
$299,083
Gross yield
6.6%
29511
Aynor, SC
Typical home
$295,061
Gross yield
—
29568
North Myrtle Beach, SC
Typical home
$289,820
Gross yield
7.9%
29575
Surfside Beach, SC
Typical home
$353,538
Gross yield
5.5%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 29588 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · SC29588

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