Gaffney, SC

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Gaffney short-term rental market based on reliable data.

Listings

29 / 46

Reliable / Active

Cap Rate

10%

Middle-Earners Gross Yield

Revenue

$17,016

Middle-Earners Revenue

Occupancy

71%

Middle-Earners Occupancy

Home Value

$179,738

Median Home Sale Price

Top Earners

$26,176

Top-Earners Revenue

Gaffney

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Gaffney.

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C

Challenging to Investors

Gaffney Regulations

Gaffney's STR regulations are currently in development, creating significant uncertainty for investors while technically allowing STRs with moderate state-level requirements. The city is actively working on comprehensive zoning restrictions, operational caps, and enforcement procedures that could impose meaningful limitations. This regulatory uncertainty combined with anticipated fees, inspections, and potential zone restrictions makes compliance challenging and increases investment risk.

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About Gaffney

Gaffney is a city in and the seat of Cherokee County, South Carolina, United States, in the Upstate region of South Carolina. Gaffney is known as the "Peach Capital of South Carolina". The population was 12,539 at the 2010 census, with an estimated population of 12,609 in 2019. It is the principal city of the Gaffney, South Carolina, Micropolitan Statistical Area (population 55,662 according to 2012 estimates by the U.S. Census Bureau), which includes all of Cherokee County and which is further included in the greater Greenville-Spartanburg-Anderson, South Carolina Combined Statistical Area (population 1,384,996 according to year 2012 U.S. Census Bureau estimates).

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