Affordable Housing Online is monitoring the federal government's response to the coronavirus disease (COVID-19) outbreak. 

An extensive list of coronavirus resources for low-income households can be found here.

Affordable Housing In Gaffney
Cherokee County, South Carolina

16 Low Income Apartment Communities In Gaffney

Iveywood Park Apartments

112 Martin Ln
Gaffney, South Carolina
$545-595
2-3 BR

Autumn Glen Villas

611 West Buford Street
Gaffney, South Carolina
Call For Rent
2-3 BR

Huntington Square Apartments

100 Huntington Square Dr
Gaffney, South Carolina
Call For Rent
1-3 BR

Redwood Village Apartments

100 Redwood Cir
Gaffney, South Carolina
Subsidized

Town and Country Apartments

106 Ellis Ferry Ave
Gaffney, South Carolina
Subsidized
62+
Accessible
Accessible
Elderly Supportive Housing

Peachtree Apartments

100 Killion Dr
Gaffney, South Carolina
Subsidized

Christopher Lynn Estates

Beltline Rd
Gaffney, South Carolina
Subsidized
62+
Accessible
Elderly Supportive Housing

Brookhaven Housing Corporation

Camellia Cir
Gaffney, South Carolina
Subsidized
Accessible
Accessible
Disabled Supportive Housing

Westwind Village II Apartments

523 W Montgomery St
Gaffney, South Carolina

White Oaks Apartments

100 White Oak Dr
Gaffney, South Carolina
Subsidized

Housing Authorities that serve Gaffney

Housing Authority Programs
Gaffney Housing Authority Public Housing
South Carolina Regional Housing Authority No. 1 Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Gaffney, South Carolina

There are 16 low income housing apartment communities offering 895 affordable apartments for rent in Gaffney, South Carolina.

Income Based Apartments in Gaffney, South Carolina

Gaffney features 518 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Gaffney, South Carolina

There are 377 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Gaffney.

Housing Choice Vouchers in Gaffney, South Carolina

On average, Section 8 Housing Choice vouchers pay Gaffney landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Gaffney.

The maximum amount a voucher would pay on behalf of a low-income tenant in Gaffney, South Carolina for a two-bedroom apartment is between $649 and $793.

2021 Gaffney, South Carolina Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fair Market Rent $476 $547 $721 $920 $1,165
Payment Standard Range $428 to $524 $492 to $602 $649 to $793 $828 to $1,012 $1,049 to $1,282

Sourced from federal housing data and AffordableHousingOnline.com research.

Gaffney, SC Affordable Housing Snapshot

Total Affordable Apartment Properties 16
Total Low Income Apartments 895
Total Housing Units with Rental Assistance 518
Percentage of Housing Units Occupied By Renters 44.21%
Average Renter Household Size 2.38
Average Household Size 2.48
Median Household Income $30,492 ±$2,564
Median Rent $521 ±$55
Percentage Of Renters Overburdened 41.65% ± 8.82pp
Total Population 12,562

Population and Household Demographics

Gaffney is a city in Cherokee County, South Carolina with a population of 12,562. There are 4,779 households in the city with an average household size of 2.48 persons. 44.21% of households in Gaffney are renters.

Income and Rent Overburden in Gaffney

The median gross income for households in Gaffney is $30,492 a year, or $2,541 a month. The median rent for the city is $521 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Gaffney, a household making less than $1,737 a month would be considered overburdened when renting an apartment at or above the median rent. 41.65% of households who rent are overburdened in Gaffney.

Area Median Income In Gaffney

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Gaffney, the AMI is calculated from all households within Cherokee County.

In Gaffney, HUD calculates the Area Median Income for a family of four as $52,200

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Gaffney

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Gaffney

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,760 $17,240 $21,720 $26,200 $28,300 $30,400 $32,500 $34,600
50% of Median $18,350 $21,000 $23,600 $26,200 $28,300 $30,400 $32,500 $34,600
80% of Median $29,350 $33,550 $37,750 $41,900 $45,300 $48,650 $52,000 $55,350