$8,500 Per Month
- 4 Beds
- 4.5 Baths
- 3,323 Sq Ft
- House for Rent
16 Fairway Village Ln, Isle of Palms, SC 29451
16 Fairway Village Ln, Isle of Palms, SC 29451
Frequently Asked Questions
How much does it cost to rent a home in Isle Of Palms, SC?
The median rent for a home in Isle Of Palms, SC is $8,250 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Isle Of Palms, SC?
To comfortably afford the median rent in Isle Of Palms, SC, a household needs to earn roughly $330,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $8,250 per month in Isle Of Palms, SC, renters typically need to show $24,750 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Isle Of Palms, SC?
In Isle Of Palms, SC, the price-to-rent ratio is 19.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Isle Of Palms, SC are best for renting a home?
The best neighborhood for renting in Isle Of Palms, SC depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Seaside, Sullivan’s Island, Six Mile, Snee Farm and Phillips Community, each with its own character and price range.
