Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Gaffney, SC Rental Market Trends
What is the average rent in Gaffney?
The average rent for an apartment in Gaffney is $846, a 24% increase compared to the previous year, when the average rent was $682.
Average Rent in Gaffney, SC
Last updated September 2021
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $846 | 24% | 881 sq. ft. |
What is the average apartment size in Gaffney?
The average size for a Gaffney, SC apartment is 881 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. 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
Gaffney, SC Occupied Housing Units
2,104 or 49% of the households in Gaffney, SC are renter-occupied while 2,116 or 50% are owner-occupied.
Gaffney, SC Rent Trends
| Average Rent | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Sep / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gaffney, SC | $663 | $648 | $679 | $693 | $693 | $696 | $682 | $705 | $753 | $846 |
| National | $1,347 | $1,356 | $1,361 | $1,393 | $1,400 | $1,402 | $1,393 | $1,397 | $1,485 | $1,510 |
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How Gaffney Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Charlotte | $1,472 | 15% |
| Columbia | $1,232 | 12% |
| Charleston | $1,677 | 18% |
| Summerville | $1,257 | 9% |
| Huntersville | $1,444 | 17% |
| Greenville | $1,218 | 13% |
| Cornelius | $1,493 | 20% |
| Gastonia | $1,042 | 13% |
| Fort Mill | $1,431 | 13% |
| Mauldin | $1,205 | 13% |
| Gaffney | $846 | 24% |
Most Popular Apartments in Gaffney
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 ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.