salaryRent here is among the lowest 10% of all U.S. cities. A typical house costs about 3.1 years of household income. Commutes are short, about 18.8 minutes.
How much money do I need?
To rent here comfortably, you should earn about $38,320 a year. That is $18 an hour at a full-time job.
Is rent cheaper than other South Carolina cities?
Yes. Rent here is cheaper than in most of South Carolina. It is number 18 of 101 cities from cheapest to most expensive.
How much do households earn in Gaffney?
Share of households by yearly income. 9.0% of households earn $100,000 or more.
Rent by apartment size in Gaffney
| Size | Gaffney | U.S. average |
|---|---|---|
| Studio | $1,008 | $1,338 |
| 1 bedroom | $903 | $1,324 |
| 2 bedrooms | $916 | $1,509 |
| 3 bedrooms | $946 | $1,698 |
| 4 bedrooms | $907 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Gaffney overall?
Everyday prices in South Carolina overall are 6% below the U.S. average (index 93.7, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Gaffney, so the South Carolina figure is shown.
Taxes and bills in Gaffney
Life in Gaffney
Is it cheaper to rent or buy in Gaffney?
About the same. Renting and owning cost within $3 of each other each month.
Owning assumes a typical $137,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $13,770 for the down payment.
Frequently asked questions
What is the average rent in Gaffney, SC?
Renting in Gaffney costs a median of about $958 a month in 2026, including utilities. The South Carolina median is $1,479.
How much do I need to make to live in Gaffney?
To keep rent under 30% of income, you need about $38,320 a year, or $18 an hour at a full-time job.
Is Gaffney cheap or expensive?
Gaffney is rated OK: rent takes 25.9% of the typical household income of $44,314. It ranks 18th cheapest of 101 South Carolina cities we track.
How much are property taxes in Gaffney?
The median homeowner in Gaffney pays $756 a year in property taxes, about 0.55% of the median home value.
Is Gaffney more expensive than the national average?
Overall prices in South Carolina are 6% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Gaffney?
The median home value in Gaffney is $137,700, about 3.1 times the typical yearly household income.
12,596 people live in Gaffney. Numbers are typical (middle) values.