Gaffney, SC Rental Market Trends
Highlights
The average rent for an apartment in Gaffney is $693, a 7% increase compared to the previous year, when the average rent was $648.
Average Rent in Gaffney, SC
Last updated November 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $693 | 7% | 881 sq. ft. |
The average size for a Gaffney, SC apartment is 881 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Gaffney, SC Apartment Rent Ranges
- < $5004%
- $501-$70064%
- $701-$1,00032%
Gaffney, SC Occupied Housing Units
- Renter-occupied Households42%
- Owner-occupied Households57%
6,326 or 42% of the households in Gaffney, SC are renter-occupied while 8,712 or 57% are owner-occupied.
Gaffney, SC Rent Trends
| Average Rent | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gaffney, SC | $595 | $596 | $601 | $618 | $663 | $663 | $648 | $679 | $693 | $693 |
| National | $1,351 | $1,349 | $1,381 | $1,383 | $1,386 | $1,421 | $1,430 | $1,434 | $1,470 | $1,476 |
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How Does Gaffney Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Gaffney | $693 | 7% |
| Gaffney City | $693 | 7% |
| East Gaffney | $679 | 15% |
For more information about the Gaffney rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Gaffney apartment buildings 50 units or larger. Yardi Matrix covers ~90% of the U.S. metro area population, including ~17 million apartments across more than 130 U.S. markets.