Gaffney, SC housing market
Typical home value
$190K
▼ 2.1% 1 yr
Typical rent
$1,045/mo
▼ 1.4% 1 yr
Gross rent yield
6.6%
U.S. 6.3%
5-year home value change
−3%
U.S. +20%
Key takeaways
- 1The typical home in Gaffney is worth $190,119, down 2.1% over the past year and down 3% over five years.
- 2Typical rent is $1,045 a month (−1.4% YoY), a gross rent yield of 6.6% (below the Gaffney, SC metro's 6.8%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $1,045/mo, $0 less than typical rent.
- 4Zillow forecasts the Gaffney, SC metro's home values to change −0.8% over the next 12 months.
Market temperature (Gaffney, SC metro)
Neutral market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 52/100, #115 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Gaffney compares
| Measure | Gaffney | Gaffney, SC metro | United States |
|---|---|---|---|
| Typical home value | $190,119 | $189,617 | $366,157 |
| Home value, 1-yr change | −2.1% | −2.4% | +1.2% |
| Typical rent | $1,045 | $1,078 | $1,932 |
| Rent, 1-yr change | −1.4% | −0.3% | +2.7% |
| Gross rent yield | 6.6% | 6.8% | 6.3% |
| Price-to-rent ratio | 15.2 | 14.7 | 15.8 |
| Mortgage P&I, typical home | $1,045 | $1,042 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Gaffney rental, pre-filled.
Rent vs buy in Gaffney
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $190K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.