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Low Income (LIHTC)Waitlist Open

Ryan Park Apts

400 Bonner Lake Rd, Gaffney, SC, 29340

Information verified May 8, 2026·We re-check waiting list status daily

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About This Property

Ryan Park Apts consists of 48 low-income rental units in Gaffney, SC, including 16 one-bedroom and 32 two-bedroom floor plans. The property was placed in service in 2008 and operates under 4% Low-Income Housing Tax Credit financing through tax-exempt bonds. The apartments provide affordable rental options for households in Cherokee County.

Waitlist Information

Waitlist managed by Housing Authority of Gaffney

Public Housing Waitlist
Open
Apply: Multiple

Applications are received online or in-person at 125 Beltline Road, Gaffney SC 29341, Monday - Thursday, 7:00 AM to 5:00 PM. 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.

Last verified May 5, 2026
Section 8 (HCV) Waitlist
Closed

GHA does not operate a Section 8 program.

Last verified February 13, 2026

Waitlist data provided by section8waitlist.org

Updated May 8, 2026

Property Details

Total Units
48
1 Bedroom
16
2 Bedroom
32

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.

BedroomsFMR
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.

1 Person
Extremely Low (30%)
$12,880
Very Low (50%)
$18,800
Low (80%)
$30,050
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$21,450
Low (80%)
$34,350
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$24,150
Low (80%)
$38,650
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$26,800
Low (80%)
$42,900
5 Persons
Extremely Low (30%)
$28,950
Very Low (50%)
$28,950
Low (80%)
$46,350
6 Persons
Extremely Low (30%)
$31,100
Very Low (50%)
$31,100
Low (80%)
$49,800
7 Persons
Extremely Low (30%)
$33,250
Very Low (50%)
$33,250
Low (80%)
$53,200
8 Persons
Extremely Low (30%)
$35,400
Very Low (50%)
$35,400
Low (80%)
$56,650

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Tax Credit Program Details

Year Placed in Service
2008
LIHTC Credit Type
4%
Low-Income Units
48 / 48
Funding Programs
Tax-Exempt Bond

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 Ryan Park Apts is typically 30% of household income or less.

What size apartments are available at Ryan Park Apts?+

Ryan Park Apts offers the following unit types: 16 One-Bedroom, 32 Two-Bedroom units, for a total of 48 units.

What is the price range for apartments in Gaffney, SC?+

Based on Fair Market Rent for Cherokee County, the estimated price range is: 1-bedroom: $711, 2-bedroom: $934. Actual rent at Ryan Park Apts may be lower for income-eligible households.

Is there a waitlist for Ryan 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.

How do I apply for housing at Ryan Park Apts?+

Ryan 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.

Who manages Ryan Park Apts?+

Ryan 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.

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Location

Cherokee County, SC

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