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Rainbow City
  • Town in Alabama

Rainbow City Real Estate Market

About Rainbow City Real Estate

Housing
grade B+
Based on home values, property taxes, housing costs, local schools, and more.
Area Feel
Sparse Suburban
Rent vs. Own
  • Rent
    40%
  • Own
    60%
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Homes for Sale

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Real Estate Costs

Median Home Value
$166,100
National
$217,500
Home Values
  • <$50k
    6%
  • $50-$99k
    14%
  • $100-$199k
    46%
  • $200-$399k
    29%
  • $400-$749k
    5%
  • $750k+
    0%
Median Rent
$797
National
$1,062
Monthly Rent
  • <$500
    9%
  • $500-$999
    67%
  • $1,000-$1,499
    19%
  • $1,500-$1,999
    0%
  • $2,000+
    5%
75%
of residents say housing is affordable. 4 responses

Home Quality

Poll
75%
of residents say the exterior quality of homes is good or excellent. 4 responses
Poll
75%
of residents say the interior quality of homes is good or excellent. 4 responses
75%
of residents say there is a good variety of homes. 4 responses
50%
of residents say there aren't any vacant or abandoned properties. 4 responses
75%
of residents say that parking is readily available. 4 responses

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Overview

Homes in Rainbow City have a median value of $166,100. The median rent price in Rainbow City is $797 and most residents own their homes. Rainbow City is walkable.

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