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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.

Hilton Head Island

South Carolina

Neutral

Median Price

$765K

Avg Rent

$3,643/mo

Price-to-Rent Ratio

17.5×

Myrtle Beach

South Carolina

Neutral

Median Price

$255K

Avg Rent

$1,214/mo

Price-to-Rent Ratio

17.5×

Head-to-Head Comparison

MetricHilton Head Island, SCMyrtle Beach, SCWinner
Median Home Price$765K$255KMyrtle Beach — More Affordable
Average Rent$3,643/mo$1,214/moMyrtle Beach — Lower Rent
Price-to-Rent Ratio17.5×17.5×
Median List Price$825K$220KMyrtle Beach — Lower List Price
Price per Sq Ft$431/sqft$270/sqftMyrtle Beach — Lower Cost/SqFt
Days on Market54 days110 daysMyrtle 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.

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