Rent Tracker
Rent Inflation in Hilton Head Island, SC
The average asking rent in Hilton Head Island, SC is $1,976/month as of 2026-08. That is +0.3% compared to a year ago.
Source: Zillow Observed Rent Index (ZORI) | zillow.com/research
Current Avg Rent
$1,976/mo
as of 2026-08
Year-over-Year Change
+0.3%
24-Month Rent Trend
Monthly ZORI index values for Hilton Head Island, SC.
| Month | Avg Asking Rent | Change from Prior Month |
|---|---|---|
| 2026-08 | $1,976 | -0.30% |
| 2026-07 | $1,982 | -0.75% |
| 2026-06 | $1,997 | +0.25% |
| 2026-05 | $1,992 | -0.10% |
| 2026-04 | $1,994 | +1.06% |
| 2026-03 | $1,973 | +0.87% |
| 2026-02 | $1,956 | +0.51% |
| 2026-01 | $1,946 | -0.15% |
| 2025-12 | $1,949 | +0.00% |
| 2025-11 | $1,949 | -0.05% |
| 2025-10 | $1,950 | -0.15% |
| 2025-09 | $1,953 | -0.86% |
| 2025-08 | $1,970 | -0.76% |
| 2025-07 | $1,985 | +0.20% |
| 2025-06 | $1,981 | +1.07% |
| 2025-05 | $1,960 | +1.19% |
| 2025-04 | $1,937 | +0.00% |
| 2025-03 | $1,937 | +0.16% |
| 2025-02 | $1,934 | -0.82% |
| 2025-01 | $1,950 | +0.21% |
| 2024-12 | $1,946 | -0.51% |
| 2024-11 | $1,956 | +0.36% |
| 2024-10 | $1,949 | -0.31% |
| 2024-09 | $1,955 | — |
Why Rent Inflation Matters
Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.
When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.
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Data Source
Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices