Hilton Head Island, South Carolina Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Hilton Head Island, South Carolina rental market.
Hilton Head Island, South Carolina
Average Apartment Rent
$3,125
Y-o-Y Change in Average
Apartment Rent
6%
As of May 2026
Compared to a year ago, Hilton Head Island, South Carolina apartments have recorded a 6% rent increase.
Hilton Head Island, South Carolina Average apartment rent trend
Hilton Head Island, South Carolina Average Apartment Rent
Hilton Head Island, South Carolina Apartment rent ranges
At 54.48%, apartments priced Over $3,000 represent the bulk of Hilton Head Island, South Carolina rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 1.16%.
Hilton Head Island, South Carolina Housing tenure**
Renters take up 19% of Hilton Head Island, South Carolina real estate, occupying a total of 3,298 units, while homeowners live in 13,828 properties.
Median number of rooms of renter-occupied housing units**
4.3
Renter median household income**
$56,594
Average household size of renter-occupied housing units**
2.51
Rental vacancy rate**
42.3%
Hilton Head Island, South Carolina Renter-occupied housing units by no. of bedrooms**
There are 1,109 rentals in Hilton Head Island, South Carolina with 2 beds making up the highest share of the market, at 34%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 58 units. Overall, the median number of rooms in Hilton Head Island, South Carolina homes for rent is 4.3.
Hilton Head Island, South Carolina Renter-occupied units by age of householder**
Most condos for rent in Hilton Head Island, South Carolina are occupied by residents in the 25 - 34 years age group (17%), followed by those in the 45 - 54 years age group (14%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 3%.
Hilton Head Island, South Carolina Renter-occupied housing units by family type**
Hilton Head Island, South Carolina Renter-occupied housing units by the presence of own children**
A total of 1,477 apartments for rent in Hilton Head Island, South Carolina, or 45% of all rentals are family households. Additionally, 25% of rental homes include children under the age of 18 – that’s 836 units. All in all, the median size of a renter-occupied household in Hilton Head Island, South Carolina is 2.51.
Hilton Head Island, South Carolina Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 36% of the rental market. In contrast, residents with less than a high school degree reside in 12% of the homes for rent in Hilton Head Island, South Carolina.
Hilton Head Island, South Carolina Renter-occupied units by year structure built**
The highest share of Hilton Head Island, South Carolina apartment rentals, namely 27% or 892 units, were Built 1980 - 1989, followed by those Built 1990 - 1999 (22%, 717 units), and the ones Built 1970 - 1979 (21%, 688 units).
Hilton Head Island, South Carolina Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Hilton Head Island, South Carolina renters (42%) moved in 2010 to 2017, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Hilton Head Island, South Carolina condos for rent is 2016.
Hilton Head Island, South Carolina Renter-occupied housing units by vehicles available**
When it comes to transportation options, 52% of Hilton Head Island, South Carolina renters have 1 vehicle available per household, 28% of them have 2 vehicles available, and 14% have No vehicle available.
Hilton Head Island, South Carolina Means of transportation to work of householders living in renter-occupied housing units**
Hilton Head Island, South Carolina Geographical mobility in the past year for householders living in renter-occupied housing units**
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, South Carolina apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
