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Studio Apartments for Rent in Gaffney, SC

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    Starting at $859 Per Month

    • Studio - 4 Beds

    266 Goldmine Springs Rd, Gaffney, SC 29340

    A little southern charm makes Gaffney, South Carolina one of the most desirable places to live. Gaffney offers a hop to the mountains, a skip to the beach, and a quick run to numerous large cities, all within an easy commute. If you're looking to relocate, you'll want to get into Gaffney living Magnolia Ridge Apartments. Located Near Limestone College.

    Magnolia Ridge Apartments

    266 Goldmine Springs Rd, Gaffney, SC 29340
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    Starting at $785 Per Month

    • Studio - 3 Beds

    1022 W Buford St, Gaffney, SC 29341

    1022 West Apartments in Gaffney, SC is committed to excellence and convenience and service, our community has everything you are looking for in a new apartment home. 1022 West is convenient located near US Hwy. 29, and I-85. Designed to give our residents the best, you will enjoy calling 1022 West your new home.1022 West has an excellent office and maintenance team looking forward to

    1022 West Apartment Homes

    1022 W Buford St, Gaffney, SC 29341

Why Live in Gaffney

Gaffney, a small city in Upstate South Carolina with a population of about 12,000, is renowned as the peach capital of the state. The city celebrates its peach heritage with annual events and a notable 135-foot water tower designed to resemble a giant peach. Gaffney offers a mix of New Traditional and Colonial Revival homes, particularly north of Interstate 85, where most of the recent growth has occurred. U.S. Highway 29 runs through the city, and I-85 borders its northern edge, providing easy access to Charlotte, which is 55 miles away. The city lacks public transportation but is considering future services. Cherokee Medical Center, a 125-bed acute care hospital, serves the community's healthcare needs. Gaffney hosts the South Carolina Peach Festival each summer, featuring country music and a pageant. Attractions include the Capri on Main performing arts venue, the Cherokee County Museum, and the historic Cowpens National Battlefield. Downtown Gaffney offers local boutiques, thrift stores, and Southern cuisine, while the Gaffney Outlet Marketplace provides name-brand shopping. Recreational opportunities abound in the city's parks, such as Irene Park, which features a pool, skate park, and veterans memorial. The Cherokee County School District serves nearly 8,000 students across 14 schools. Gaffney experiences four distinct seasons, with humid summers and cold winters, and has a higher risk of ice storms compared to the national average. Crime rates in Gaffney are around the national average.

Frequently Asked Questions

How much does it cost to rent a home in Gaffney, SC?
The median rent for a home in Gaffney, SC is $950 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Gaffney, SC?
To comfortably afford the median rent in Gaffney, SC, a household needs to earn roughly $38,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $950 per month in Gaffney, SC, renters typically need to show $2,850 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Gaffney, SC?
In Gaffney, SC, the price-to-rent ratio is 16.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$950
Median Single Family Home Rent
$1,210
Median Condo Rent
$950
How to Rent a Home