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
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
Key Differences
Home Prices
Hilton Head Island's median home price of $538,039.02 is lower than North Charleston's $598,246.01 by 10%.
Monthly Rent
Renting in Hilton Head Island costs $2,120.09/mo compared to $2,023.98/mo in North Charleston—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.