Median Home Price
$598,246.01
Median RentBETTER
$2,023.98/mo
Price-to-Rent Ratio
24.6
Property Tax RateTIE
0.57%
Price Change (1Y)
-0.2%
Price Change (5Y)
-1.1%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$396,555
Median Home PriceBETTER
$538,039.02
Median Rent
$2,120.09/mo
Price-to-Rent RatioBETTER
21.1
Property Tax RateTIE
0.57%
Price Change (1Y)BETTER
-0.1%
Price Change (5Y)BETTER
-0.3%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$302,127
Key Differences
Home Prices
Charleston's median home price of $598,246.01 is higher than Hilton Head Island's $538,039.02 by 11%.
Monthly Rent
Renting in Charleston costs $2,023.98/mo compared to $2,120.09/mo in Hilton Head Island—a difference of $96.11/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.