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Hilton Head Island, SC vs Myrtle Beach, SC
Side-by-side rent vs. buy comparison using 2026 market data — home prices, rents, price-to-rent ratios, and more.
Head-to-Head Comparison
| Metric | Hilton Head Island, SC | Myrtle Beach, SC | Winner |
|---|---|---|---|
| Median Home Price | $765K | $255K | Myrtle Beach — More Affordable |
| Average Rent | $3,643/mo | $1,214/mo | Myrtle Beach — Lower Rent |
| Price-to-Rent Ratio | 17.5× | 17.5× | — |
| Median List Price | $825K | $220K | Myrtle Beach — Lower List Price |
| Price per Sq Ft | $431/sqft | $270/sqft | Myrtle Beach — Lower Cost/SqFt |
| Days on Market | 54 days | 110 days | Myrtle Beach — Hotter Market |
Frequently Asked Questions
Is it cheaper to live in Hilton Head Island or Myrtle Beach?
Hilton Head Island has a median home price of $765K and average rent of $3,643/mo, while Myrtle Beach has a median home price of $255K and average rent of $1,214/mo.
Should I rent or buy in Hilton Head Island?
Hilton Head Island has a price-to-rent ratio of 17.5×. The market is roughly neutral between renting and buying.
Should I rent or buy in Myrtle Beach?
Myrtle Beach has a price-to-rent ratio of 17.5×. The market is roughly neutral between renting and buying.