Hilton Head Island, SC—29928

As of July '25, Rentcast reports the average rent in Hilton Head Island, SC is $3,160, with a year-over-year rent change of 7.1%. Per bedroom, the median rent as of July '25 in Hilton Head Island, SC is 1-bedrooms: $2,500, 2-bedrooms: $2,590, 3-bedrooms: $3,720, 4-bedrooms: $5,880. The most common rental property sizes in Hilton Head Island, SC are 2-bedroom and 3-bedroom, accounting for 48.3% and 22.0% of the rental stock.

As of the latest ACS Survey released in 2023, Hilton Head Island, SC has a population of 15,200, which has decreased by -7.3% over the past 5 years. Hilton Head Island, SC is a less popular place for families, as children make up 7.0% of the population. The area has a highly educated workforce, with 63.0% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.1% reporting working from home.

As of the latest ACS Survey released in 2023, Hilton Head Island, SC is a predominantly white area, with 87.1% of the population identifying as white. The white population has shrunk by 4.1% in the last 5 years. The second most common race or ethnicity in Hilton Head Island, SC is hispanic, making up 5.8% of the population. Foreign-born residents account for 9.2% of the population in Hilton Head Island, SC, and this percentage has increased by 1.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

As of 2024, the percent of homes in Hilton Head Island, SC under the Section 8 program is 0.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Hilton Head Island, SC, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.