• Renter Tools
    • Favorites
    • Saved Searches
  • Manage Rentals
  • Apartments For Rent
    • Anniston Apartments For Rent
    • Birmingham Apartments For Rent
    • Cahaba Heights Apartments For Rent
    • Homewood Apartments For Rent
    • Hoover Apartments For Rent
    • Mountain Brook Apartments For Rent
    • Northport Apartments For Rent
    • Tuscaloosa Apartments For Rent
    • Vestavia Apartments For Rent
    • Vestavia Hills Apartments For Rent
  • Houses For Rent
    • Bessemer Houses For Rent
    • Birmingham Houses For Rent
    • Center Point Houses For Rent
    • Fairfield Houses For Rent
    • Helena Houses For Rent
    • Homewood Houses For Rent
    • Hoover Houses For Rent
    • Hueytown Houses For Rent
    • Irondale Houses For Rent
    • Margaret Houses For Rent
  • Condos For Rent
    • Birmingham Condos For Rent
    • Cahaba Heights Condos For Rent
    • Homewood Condos For Rent
    • Hoover Condos For Rent
    • Irondale Condos For Rent
    • Jasper Condos For Rent
    • Meadowbrook Condos For Rent
    • Mountain Brook Condos For Rent
    • Northport Condos For Rent
    • Tuscaloosa Condos For Rent
  • Townhomes For Rent
    • Bessemer Townhomes For Rent
    • Birmingham Townhomes For Rent
    • Cahaba Heights Townhomes For Rent
    • Clay Townhomes For Rent
    • Grayson Valley Townhomes For Rent
    • Helena Townhomes For Rent
    • Homewood Townhomes For Rent
    • Hoover Townhomes For Rent
    • Mountain Brook Townhomes For Rent
    • Pelham Townhomes For Rent
  • Help Center
  • Area Guide
  • Rent Calculator

Language

Apartments.com Logo
Manage Rentals      Sign Up / Sign In
Add a Property

Rental Market Trends in Rainbow City, AL

What is the average rent in Rainbow City, AL?

$801/month

Average Rent

689 Sq Ft

Average Apartment Size

+1.6%

Increase in the Last Year

As of January 2026, the average rent in Rainbow City, AL is $801 per month. This is 51% lower than the national average rent of $1,624/month, making renting in Rainbow City more affordable than most cities in the US. When you rent an apartment in Rainbow City, you can expect to pay about per month for a studio, $801 for a one-bedroom apartment, and around $1,023 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,232 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$801/month
689 Sq Ft
Two Bedroom
$1,023/month
934 Sq Ft
Three Bedroom
$1,232/month
1,139 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,670/month
744 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Rainbow City, AL?

In the past year, rent has increased by 1.6%, which averages out to $13 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Rainbow City, AL
Last Updated January 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Rainbow City, AL
Percentage*
Rent Range
12% Below $700/month
38% $700 - $1,000/month
50% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Rainbow City, AL?

Because the average rent in Rainbow City is $801, you’ll want to make about $2,670 per month or $32,040 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Rainbow City, AL

44 Available Apartments for Rent

Search for Nearby Apartments

How does Rainbow City, AL compare to other nearby cities and neighborhoods?

Use the tool below to compare Rainbow City, AL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Rainbow City, AL

Apartment Averages

Nearby City Rent Trends

  • Boaz Average Rent

Apartment communities in Rainbow City we think you'll love

The Reserve at Christopher St.

The Reserve at Christopher St.

164 Christopher St,
Rainbow City, AL 35906

$1,099

2 Beds

Orleans Apartments

Orleans Apartments

112 Ilene Street,
Rainbow City, AL 35906

$949 - $999

1-2 Beds

Sutton Bridge

Sutton Bridge

98 Sutton Cir,
Rainbow City, AL 35906

$1,035 - $1,290

2-3 Beds

Spring Lake Lodge

Spring Lake Lodge

3715 Rainbow Dr,
Rainbow City, AL 35906

$799 - $1,510

1-3 Beds

Learn More with Helpful Articles

The Benefits of Renters Insurance

Better safe than sorry! Protect yourself(and your stuff) with renters insurance.

5 Tips For Moving into Your First Apartment

Move in stress-free - the first time's a charm!

How Much Should I Spend on Rent?

It's time to break down your budget and calculate costs.

How to Choose an Apartment Community You’ll Love

Avoid renter's remorse - know what to look for in your next apartment.

Explore the Renterverse

Rental management, simplified

Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com

Start managing your rentals
United States Alabama Rainbow City Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.

* Percentages may not total 100 due to rounding.

  • About Us
  • Advertise
  • Legal Notices
  • Privacy Notice
  • Avoid Scams
  • Accessibility
  • Blog
  • Sitemap
apartments.com
© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity