What is the rental vacancy rate in Gaffney, SC?

The rental vacancy rate in Gaffney, SC is 3.2% (±3.0 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 2.7% (±2.1 points).

749 (±293) homes, 13.9% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Gaffney, the rental vacancy rate went from 10.8% in 2015–2019 to 3.2% in 2020–2024 (−7.6 percentage points), a measurable decrease.

Figures last updated on .

Rental vacancy rate
3.2% (±3.0 points)
Homeowner vacancy rate
2.7% (±2.1 points)
Vacant homes
749 (±293)

Vacancy in Gaffney against Cherokee County, its state and the nation

Estimate (90% margin of error)
GaffneyCherokee CountySouth CarolinaUnited States
Rental vacancy rate3.2% (±3.0 points)4.8% (±2.1 points)8.3% (±0.3 points)5.5%
Homeowner vacancy rate2.7% (±2.1 points)0.6% (±0.5 points)0.9% (±0.1 points)0.9%
Vacant housing units749 (±293)3,087 (±451)325,050 (±5,753)14,547,859

The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.

In Gaffney, the rental vacancy rate is not measurably different from Cherokee County (4.8%).

It is also lower than in South Carolina (8.3%).

It is not measurably different from the national figure (5.5%).

Rental vacancy rate in places near Gaffney

Nearest places with a published estimate, compared with Gaffney
PlaceDistanceRental vacancy rateCompared with this place
Gaffney—3.2% (±3.0 points)—
East Gaffney2.3 mi0.0% (±12.8 points)Not measurably different
Blacksburg8.8 mi7.3% (±8.4 points)Not measurably different
Cowpens8.9 mi5.0% (±8.1 points)Not measurably different
Mayo11 mi0.0% (±17.1 points)Not measurably different
Earl11 mi16.7% (±29.4 points)Not measurably different
Boiling Springs12 mi8.1% (±12.3 points)Not measurably different
Chesnee12 mi0.0% (±24.2 points)Not measurably different
Central Pacolet12 mi0.0% (±51.5 points)Not measurably different

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Rental vacancy rate across Cherokee County, place by place

RankPlaceRental vacancy rate
1Blacksburg7.3% (±8.4 points)
2Gaffney3.2% (±3.0 points)
3East Gaffney0.0% (±12.8 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Gaffney

Is it hard to find a rental in Gaffney?

The rental vacancy rate in Gaffney, SC is 3.2% (±3.0 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.

Is the rental market in Gaffney tighter than it was?

In Gaffney, the rental vacancy rate went from 10.8% in 2015–2019 to 3.2% in 2020–2024 (−7.6 percentage points), a measurable decrease.

How many homes are vacant in Gaffney?

An estimated 749 (±293) housing units, 13.9% of the total, including seasonal homes and homes waiting to be sold or rented.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Gaffney city, South Carolina (place:28060, in state:45).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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