About This Property
Iveywood Park Apts offers 64 low-income units in Gaffney, South Carolina, consisting of 32 two-bedroom and 32 three-bedroom apartments. The property has been in service since 1998 and is financed through HOME funding with 9% Low-Income Housing Tax Credits. The community serves Cherokee County residents seeking affordable rental housing.
Waitlist Information
Waitlist managed by Housing Authority of Gaffney
Applications are received online or in-person. Eligibility is based on annual gross income, household size, disability, elderly status, and U.S. citizenship or eligible immigration status. GHA uses income limits developed by HUD.
GHA does not operate a Section 8 program.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Cherokee County, SC
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $706 |
| 1 Bedroom | $711 |
| 2 Bedroom | $934 |
| 3 Bedroom | $1,187 |
| 4 Bedroom | $1,355 |
Income Limits - Cherokee County, SC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $18,800
- Low (80%)
- $30,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $21,450
- Low (80%)
- $34,350
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,150
- Low (80%)
- $38,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $26,800
- Low (80%)
- $42,900
- Extremely Low (30%)
- $28,950
- Very Low (50%)
- $28,950
- Low (80%)
- $46,350
- Extremely Low (30%)
- $31,100
- Very Low (50%)
- $31,100
- Low (80%)
- $49,800
- Extremely Low (30%)
- $33,250
- Very Low (50%)
- $33,250
- Low (80%)
- $53,200
- Extremely Low (30%)
- $35,400
- Very Low (50%)
- $35,400
- Low (80%)
- $56,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $18,800 | $30,050 |
| 2 Persons | $17,420 | $21,450 | $34,350 |
| 3 Persons | $21,960 | $24,150 | $38,650 |
| 4 Persons | $26,500 | $26,800 | $42,900 |
| 5 Persons | $28,950 | $28,950 | $46,350 |
| 6 Persons | $31,100 | $31,100 | $49,800 |
| 7 Persons | $33,250 | $33,250 | $53,200 |
| 8 Persons | $35,400 | $35,400 | $56,650 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Gaffney, SC?+
The Fair Market Rent (FMR) for Cherokee County, SC is: $706 (Studio), $711 (1BR), $934 (2BR), $1187 (3BR), $1355 (4BR). Actual rent at subsidized properties like Iveywood Park Apts is typically 30% of household income or less.
What size apartments are available at Iveywood Park Apts?+
Iveywood Park Apts offers the following unit types: 32 Two-Bedroom, 32 Three-Bedroom units, for a total of 64 units.
Is there a waitlist for Iveywood Park Apts?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What is the price range for apartments in Gaffney, SC?+
Based on Fair Market Rent for Cherokee County, the estimated price range is: 2-bedroom: $934, 3-bedroom: $1187. Actual rent at Iveywood Park Apts may be lower for income-eligible households.
Who manages Iveywood Park Apts?+
Iveywood Park Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Cherokee County, SC?+
For a 4-person household in Cherokee County, SC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $26,800, Low Income (80% AMI): $42,900. These limits are set by HUD and updated annually.
How do I apply for housing at Iveywood Park Apts?+
Iveywood Park Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Contact Information
Walk Score
Almost All Errands Require a Car
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