Leland, NC housing market
Typical home value
$383K
▼ 0.4% 1 yr
Typical rent
$1,697/mo
▲ 4.0% 1 yr
Gross rent yield
5.3%
U.S. 6.3%
5-year home value change
+24%
U.S. +20%
Key takeaways
- 1The typical home in Leland is worth $382,634, down 0.4% over the past year and up 24% over five years.
- 2Typical rent is $1,697 a month (+4.0% YoY), a gross rent yield of 5.3% (below the Myrtle Beach, SC metro's 6.1%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $2,103/mo, $406 more than typical rent.
- 4Zillow forecasts the Myrtle Beach, SC metro's home values to change +1.2% over the next 12 months.
Market temperature (Myrtle Beach, SC metro)
Strong buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 27/100, #480 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Leland compares
| Measure | Leland | Myrtle Beach, SC metro | United States |
|---|---|---|---|
| Typical home value | $382,634 | $339,738 | $366,157 |
| Home value, 1-yr change | −0.4% | +0.6% | +1.2% |
| Typical rent | $1,697 | $1,722 | $1,932 |
| Rent, 1-yr change | +4.0% | +2.3% | +2.7% |
| Gross rent yield | 5.3% | 6.1% | 6.3% |
| Price-to-rent ratio | 18.8 | 16.4 | 15.8 |
| Mortgage P&I, typical home | $2,103 | $1,867 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Leland rental, pre-filled.
Rent vs buy in Leland
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $383K home.
Landlord in North Carolina? See North Carolina deposit, late fee and notice rules.
Other cities in the Myrtle Beach, SC metro
Myrtle Beach, SC
$323K home$1,697 rent
▲ 0.5% 1 yr
Conway, SC
$288K home$1,826 rent
▲ 0.3% 1 yr
Little River, SC
$323K home$1,569 rent
■ 0.0% 1 yr
Surfside Beach, SC
$360K home$1,612 rent
▲ 2.6% 1 yr
North Myrtle Beach, SC
$394K home$1,913 rent
▲ 1.0% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.