Market Comparison

Myrtle Beach vs Hilton Head: South Carolina STR Investment 2026

Volume-driven beach town vs luxury island resort. Compare South Carolina's coastal STR markets.

Quick Verdict

Myrtle Beach wins for: lower entry costs, family tourism, golf destination
Hilton Head wins for: luxury market, higher ADR, upscale demographic
Choose Myrtle Beach for affordable entry and high-volume family tourism. Choose Hilton Head for luxury positioning and premium nightly rates.

Head-to-Head Comparison

MetricMyrtle BeachHilton Head
Average Nightly Rate$180$325
Average Occupancy Rate58%60%
Average Annual Revenue$38,000+$71,000+
Median Property Price$350,000$700,000
Property TypeCondos, Beach HousesVillas, Resort Properties
Primary DemandFamilies, Golf Groups, SnowbirdsAffluent Families, Golfers, Retirees
Regulation DifficultyLowModerate (HOA rules)
SeasonalityHigh (summer peak)Moderate (golf extends season)

Pros & Cons

Myrtle Beach

Pros

  • Half the property price of Hilton Head
  • 100+ golf courses attract groups
  • Entertainment strip drives tourism
  • Snowbird demand in winter months

Cons

  • Lower nightly rates limit revenue
  • Highly seasonal with summer peak

Hilton Head

Pros

  • Premium rates at $325/night average
  • World-class golf courses (Harbour Town)
  • Affluent, respectful guests
  • Extended season with golf tourism

Cons

  • $700K median price - high barrier to entry
  • Strict HOA and plantation rules

Best For

Maximum Revenue

Hilton Head

$71K+ annual revenue potential.

Lower Entry Cost

Myrtle Beach

$350K lower median price.

Premium Nightly Rates

Hilton Head

$325/night average rate.

Golf Groups

Hilton Head

World-renowned golf destination.

Budget Families

Myrtle Beach

Affordable beach vacation hub.

First-Time Investors

Myrtle Beach

Accessible entry point to STR.

Ready to Invest on South Carolina's Coast?

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