Cheap Homes for Rent in Hilton Head Island, SC from $1,500 (14 Rentals)

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Search the lowest-cost Homes available for rent right now in Hilton Head Island.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 155 Dillon Rd

$2,000 - $2,150

2 Bedroom Rentals

Available Jun 10

155 Dillon Rd

Hilton Head IslandSC29926

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Hilton Head Island, SC Local Guide

Cheapest Neighborhoods for Apartments in Hilton Head Island, SC

Pricing Updated: 05/31/2026

Current apartment rentals in the Hilton Head Island, SC area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Hilton Head Island Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Hampton Hall$18,216$2,0506

Cheapest Available Hilton Head Island Apartments for Rent

 

The cheapest available apartment rental in Hilton Head Island, SC is a Studio unit found at Broad River Village priced from $883. Residences at Port Royal has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,099. Here is today’s list of the most affordable Hilton Head Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Broad River VillageThe ScampStudio,1BA$883
Residences at Port RoyalTern1BR,1BA$1,099
NextloftLarge StudioStudio,1BA$1,136
Bay South1 BR 1 BA1BR,1BA$1,250
Preserve at Port Royal2D-5 Income Qualified2BR,2BA$1,290

Best Value Apartments for Rent in Hilton Head Island, SC

As of May 31, 2026 the best value apartment in the Hilton Head Island area is the $1.79 price per square foot C1 Model at Indigo Cove in the in the Parkside at Baynard Park neighborhood starting from $2,860. The second greatest value Hilton Head Island apartment is the Sage Model at Retreat at New Riverside starting at $2,625 with a $1.84 price per square foot . Here is today’s list of the best values for Hilton Head Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Indigo CoveC13BR,2.5BA$1.79
Retreat at New RiversideSage3BR,2BA$1.84
Enclave at Bluffton ParkThe Coosaw3BR,2BA$1.67
The Grays at Old TownThe Holm3BR,2BA$1.83
Oldfield Mews Apartments and TownhomesDerby Townhome - Phase 12BR,2.5BA$1.52
The Palmer2 Bedroom 2 Bath2BR,2BA$1.46
Parc At Broad River ApartmentsA3B1BR,1BA$1.82
Legends North of BroadThe Pinckney1BR,1BA$1.70
Palisades at New RiverThe Beaufort1BR,1BA$1.84
Broad River VillageThe ScampStudio ,1BA$1.53

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Hilton Head Island

What type of rentals are currently available in Hilton Head Island?

There are currently 64 Apartments for Rent in Hilton Head Island, SC with pricing that ranges from $883 to $20,931. There are also 68 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hilton Head Island ranging from $1,575 to $6,500.

What is the current price range for Rental Homes in Hilton Head Island?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Hilton Head Island ranges from $1,575 to $6,500 with an average monthly rent of $2,893.

How much are larger Three and Four Bedroom Rentals in Hilton Head Island?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Hilton Head Island range from $1,565 to $10,735, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $3,600. Four Bedroom Single-Family rentals are also available starting from $3,500 and Four Bedroom Apartments start at $2,650.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.