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These days, finding an affordable place to live in the Isle Of Palms area can be challenging. Home prices in Isle Of Palms are now at a median cost of $1,366,423, higher than the South Carolina average of $296,593.
The average cost of rent is $2,823/mo in Isle Of Palms, primarily driven by the current value of real estate in the Isle Of Palms area. In Isle Of Palms, 7.06% of households rent, and 41.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Isle Of Palms is $14,743 per month. Households that rent pay about 19.15% of their income on rent here. Isle Of Palms’s most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sullivans Island, SC: higher priced homes
- Mount Pleasant, SC: less expensive homes
- Awendaw, SC: less expensive homes
- Wando, SC: less expensive homes
- Charleston, SC: less expensive homes
- Hanahan, SC: less expensive homes
- North Charleston, SC: less expensive homes
- Charleston Afb, SC: less expensive homes
- Johns Island, SC: less expensive homes
- Fenwick Hills, SC: less expensive homes
Cities with Similar Populations
- Caruthersville, MO: less expensive homes
- Black Hawk, SD: less expensive homes
- Buffalo, MO: less expensive homes
- Buena Vista, MI: less expensive homes
- Blauvelt, NY: less expensive homes
- Buena Vista, CO: less expensive homes
- Buellton, CA: less expensive homes
- Bloomingburg, NY: less expensive homes
- Carlisle, OH: less expensive homes
- Bloomingdale, GA: less expensive homes
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