Hilton Head Island, SC Rental Market Trends
Highlights
The average rent for an apartment in Hilton Head Island is $2,270, a 43% increase compared to the previous year, when the average rent was $1,585.
Average Rent in Hilton Head Island, SC
Last updated November 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $2,270 | 43% | 1,198 sq. ft. |
The average size for a Hilton Head Island, SC apartment is 1,198 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Hilton Head Island, SC Apartment Rent Ranges
- $701-$1,00010%
- $1,001-$1,50023%
- $1,501-$2,00026%
- > $2,00041%
Hilton Head Island, SC Occupied Housing Units
- Renter-occupied Households33%
- Owner-occupied Households66%
5,628 or 33% of the households in Hilton Head Island, SC are renter-occupied while 11,240 or 66% are owner-occupied.
Hilton Head Island, SC Rent Trends
| Average Rent | Jul / 2016 | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Nov / 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Hilton Head Island, SC | $1,130 | $1,200 | $1,108 | $1,255 | $1,314 | $1,585 | $1,585 | $1,857 | $2,279 | $2,270 |
| National | $1,342 | $1,350 | $1,346 | $1,378 | $1,380 | $1,383 | $1,418 | $1,427 | $1,431 | $1,466 |
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How Does Hilton Head Island Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Beaufort | $1,190 | 4% |
| Beaufort City | $1,174 | 4% |
| Bluffton | $1,484 | 8% |
| Okatie | $1,298 | -1% |
| Port Royal | $1,082 | 2% |
| Burton | $1,174 | 4% |
| Laurel Bay | $1,208 | 4% |
| Hilton Head Island | $2,270 | 43% |
For more information about the Hilton Head Island rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Hilton Head Island apartment buildings 50 units or larger. Yardi Matrix covers ~90% of the U.S. metro area population, including ~17 million apartments across more than 130 U.S. markets.