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What to Know About
Life in Rainbow City & Beyond
Rainbow City shares many of the great qualities that make Alabama a desirable place to live.
Alabama has enchanting small towns and breathtaking landscapes, where rolling hills and pristine Gulf Coast beaches beckon. Discover the state's rich heritage by visiting the Birmingham Civil Rights Institute and the Alabama Museum of Natural History, or attain a quality education at prestigious institutions such as the University of Alabama or Auburn University. In addition, industries such as manufacturing, agriculture, and aerospace also drive Alabama's economy.
Alabama boasts an impressive array of renowned attractions, including the exhilarating Civil Rights Trail, the legendary Robert Trent Jones Golf Trail, the formidable USS Alabama Battleship Memorial Park, and the historic town of Selma. Outdoor enthusiasts will be in paradise with many activities to choose from, including exploring the Gulf State Park or hiking the rugged mountains.
With its vibrant culture, thriving economy, and rich history, Alabama is perfect for those seeking a unique blend of urban and southern living. Be captivated by Alabama's charm, irresistible landscapes, and unparalleled quality of life. Alabama is a great place to live for those looking to experience the best of southern living.
Rental Market Trends
Rainbow City, AL
As of June 2025, Rainbow City's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Rainbow City's average rent is 6.9% ($80) lower than the Alabama average of $1,166 and 39.1% ($698) lower than the U.S. average of $1,784.
Average Rent
$1,086
Monthly ChangeMonth Over Month Change
4.2% ($44)
Yearly ChangeYear Over Year Change
37.5% ($652)
Avg. Days on MarketAverage Days on Market
38
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $920 | 1.7% ($15) | 23.3% ($280) |
| 2 Beds | $1,050 | 0.3% ($3) | 23.2% ($318) |
| 3 Beds | $1,354 | 2.5% ($35) | 24.3% ($435) |
| Nearby Cities | Average Rent | Avg. Rent vs. Rainbow CityAverage Rent vs. Rainbow City | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Gadsden | $819 | 24.6% ($267) | 38 days |
| Jacksonville | $891 | 18% ($195) | 44 days |
| Anniston | $834 | 23.2% ($252) | 44 days |
| Odenville | $1,664 | 53.2% ($578) | 29 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Rainbow City Rental Market FAQs
Explore rental prices, market trends, and availability in Rainbow City, AL.
The average rent in Rainbow City, AL is $1,086 per month.
Homes in Rainbow City typically rent for between $644 and $1,760 per month, with an average of $1,086 per month.
In Rainbow City, the average rent for a 1-bedroom home is $920 per month, for a 2-bedroom home, $1,050 per month, and a 3-bedroom home is $1,354 per month.
The average rent in Rainbow City is 39.1% ($698) lower than the national average of $1,784 per month.
The average rent in Rainbow City has increased by 4.2% ($44) in the last month and decreased by 37.5% ($652) over the past year.
The rental market in Rainbow City, AL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Rainbow City, AL, the average rental stays on the market for approximately 38 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 8 rental properties available in Rainbow City, AL.
Based on the current averages, a household would need an annual income of $42,000 to comfortably afford a 2-bedroom home in Rainbow City.
