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ZIP Code · SC

ZIP 29341

Part of Gaffney, SC
Pop. 20,647·Cherokee County·123rd most expensive ZIP in South Carolina
Median rent (all units)
$971/mo
Year-over-Year
Stable
Month-over-Month
-1.8%
vs US Median
-$994
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 29341 · $971
More affordable than 98% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$790
1 BR
$830
2 BR
$940
3 BR
$1,180
4 BR+
$1,410
Research median
$940/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$11,652/yr
At $971/mo median
Location
StateSC
CountyCherokee County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.0% YoY, -1.8% MoM), not inventory.
Demographics

Who lives here

ZIP 29341 (Gaffney, SC) is majority owner-occupied, has a median income below the national average, 26.9% of residents hold a bachelor's degree or higher.

Population
20,647
Median income
$58,029
Median age
37.5
Renters
29.9%
Age distribution
23.3%
25.2%
23.4%
17.4%
Under 1823.3%
18–3425.2%
35–5423.4%
55–6410.7%
65+17.4%
Gender
49.4%
50.6%
Male49.4%
Female50.6%
Race & ethnicity
59.8%
25%
White59.8%
Black25%
Hispanic7.9%
Asian0.8%
Other6.5%
Education (25+)
32.7%
29.1%
26.9%
No HS diploma11.3%
HS diploma32.7%
Some college29.1%
Bachelor's+26.9%
Housing tenure
70.1%
29.9%
Owner70.1%
Renter29.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 29341 in Gaffney, SC has changed in 5 years

Income
$41,564 → $58,029
up 39.6%
Population
19,436 → 20,647
up 6.2%
Renter share
34.7% → 29.9%
-4.8 pts
Bachelor's+
19.6% → 26.9%
+7.3 pts
Median age
36.7 → 37.5
+0.8 yrs

On the earnings side, the typical household in ZIP 29341 in Gaffney, SC now reports about $58,029, up from $41,564 in 2021. The population has grown by 6.2% since 2021, moving from about 19,436 residents to roughly 20,647. Renters now make up 29.9% of households, compared with 34.7% five years ago. College-educated residents now make up 26.9% of adults here, versus 19.6% in 2021.

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Local insights

Tips for renters in ZIP 29341

About renting in ZIP 29341

Last updated: July 20, 2026

ZIP code 29341 covers Gaffney, SC. The median rent here is $971/mo as of July 2026. A 1-bedroom rents for a median of $830/mo. A 2-bedroom rents for a median of $940/mo.

At 20% of local median household income ($58,029/yr), ZIP 29341 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 29341?

As of July 20, 2026, the median monthly rent in ZIP 29341 (Gaffney, SC) is $971. This is based on aggregated data from public sources and community submissions.

How does ZIP 29341 rent compare to the US average?

ZIP 29341's median rent of $971/mo is $994 (51%) below the US national median of $1,965/mo.

How does ZIP 29341 compare to other ZIPs in South Carolina?

ZIP 29341 is among the more affordable ZIP codes in South Carolina, ranking #123 out of 124 ZIPs at $971/mo.

How much income do you need to rent in ZIP 29341?

To keep rent at or below 30% of gross income, you would need to earn at least $39,000/year (~$19/hour full-time) to afford the median rent of $971/mo in ZIP 29341. The local median household income is $58,029/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 29341?

Rent in ZIP 29341 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 29341 an affordable place to rent?

ZIP 29341 is considered very affordable for renters. At $971/mo, rent takes approximately 20% of the local median household income ($58,029/yr). The standard benchmark is 30%. ZIP 29341 falls comfortably within that range.

What percentage of ZIP 29341 residents rent vs. own?

According to Census data, approximately 29.9% of ZIP 29341 households are renters, while 70.1% are owner-occupied. ZIP 29341 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 29341 compare to the rest of Gaffney?

ZIP 29341 is more affordable than Gaffney overall. At $971/mo, it's $103 below the Gaffney citywide median of $1,074/mo.

When was rent data for ZIP 29341 last updated?

Rent data for ZIP 29341 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
20%
VERY AFFORDABLE

At $971/mo, rent takes ~20% of ZIP 29341's median household income ($58,029/yr). The standard benchmark is 30%.

ZIP 29341 20%Benchmark 30%
State income tax3–6.2%
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Schools nearby

Public schools near ZIP 29341 (Gaffney, SC)

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