Mortgage payment estimates, closing cost breakdowns, and homebuying data for Beaufort, South Carolina.
Median Home Price
$385K
Population
14K
Avg Monthly Rent
$1,480
Property Tax Rate
0.57% *
* Property tax shown is the South Carolina state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Beaufort.
Beaufort vs South Carolina Median
The median home price in Beaufort is $385,000, which is 26% above the South Carolina state median of $305,000.
Mortgage Calculator — Beaufort, SC
Pre-filled with Beaufort median home price and South Carolina tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $385K home using South Carolina's 0.57% tax rate and $2,600/yr insurance.
5% Down
$2,925/mo
Down: $19,250
Loan: $366K
P&I: $2,312
Tax: $183
Insurance: $217
PMI: $213
10% Down
$2,792/mo
Down: $38,500
Loan: $347K
P&I: $2,190
Tax: $183
Insurance: $217
PMI: $202
20% Down (No PMI)
$2,346/mo
Down: $77,000
Loan: $308K
P&I: $1,947
Tax: $183
Insurance: $217
Income needed (28% rule): $101K/year with 20% down, $120K/year with 10% down.
Rent vs Buy in Beaufort
Rent
$1,480/mo
vs
Buy (10% down)
$2,792/mo
Price-to-rent ratio: 21.7 — At a ratio above 20, renting may be more economical in Beaufort for shorter stays. Buying costs $1,312 more per month than renting, and it typically takes 5-7 years to break even on the transaction costs of buying.
The median home price in Beaufort is $385,000, 26% above the South Carolina state median of $305,000. With a population of 14,006, Beaufort is a smaller market where home prices reflect strong demand and local economic factors.
Property taxes in South Carolina average 0.57% annually. This low property tax rate is a significant advantage for Beaufort buyers, keeping your monthly costs well below what you'd pay in higher-tax states. Homeowners insurance in South Carolina runs approximately $2,600 per year. This is within the normal range nationally.
Average rent in Beaufort is $1,480/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Beaufort presents moderate affordability. The $385K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Beaufort.