What is the median rent in Rainbow City, AL?
The median gross rent in Rainbow City, AL is $1,048 (±$67) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 1,321 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Rainbow City, the median gross rent went from $797 in 2015–2019 to $1,048 in 2020–2024 (+31.5%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $1,048 (±$67)
- Rented homes
- 1,321 (±287)
- $2,000 or more
- 3.6%
- Since 2015–2019
- +31.5%
How much rent costs in Rainbow City
| Monthly gross rent | Rainbow City | Etowah County | Alabama | United States |
|---|---|---|---|---|
| Less than $500 | 3.3% (±3.8 points) | 15.1% | 10.0% | 6.3% |
| $500 to $999 | 39.1% (±12.4 points) | 53.3% | 39.4% | 20.2% |
| $1,000 to $1,499 | 47.5% (±12.6 points) | 25.7% | 34.1% | 28.1% |
| $1,500 to $1,999 | 6.4% (±4.6 points) | 4.4% | 11.5% | 21.1% |
| $2,000 to $2,499 | 0.0% (±3.0 points) | 0.6% | 3.4% | 12.0% |
| $2,500 to $2,999 | 0.0% (±3.0 points) | 0.2% | 0.7% | 5.5% |
| $3,000 or more | 3.6% (±4.0 points) | 0.7% | 0.9% | 6.8% |
The most common range is $1,000 to $1,499, paid by 47.5% of renting households.
3.6% of rented homes in Rainbow City cost $2,000 or more a month.
Rainbow City against Etowah County, its state and the nation
| Rainbow City | Etowah County | Alabama | United States | |
|---|---|---|---|---|
| Median gross rent | $1,048 (±$67) | $847 (±$44) | $1,007 (±$8) | $1,413 |
| Rented homes paying rent | 1,321 (±287) | 8,982 (±589) | 535,330 (±6,270) | 42,849,984 |
In Rainbow City, median gross rent is higher than in Etowah County ($847).
It is not measurably different from Alabama ($1,007).
It is lower than the national figure ($1,413).
In Etowah County, Rainbow City ranks 4 of 12 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 94 of 424.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Rainbow City has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $797 (±$53) | $1,048 (±$67) | +31.5% | No measurable change after inflation |
| Households that rent | 40.0% (±5.4 points) | 34.4% (±5.7 points) | −5.6 percentage points | Not a measurable change |
| Rental vacancy rate | 11.4% (±7.3 points) | 5.0% (±4.2 points) | −6.4 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Rainbow City
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Rainbow City | — | $1,048 (±$67) | — |
| Attalla | 4.5 mi | $743 (±$185) | Lower |
| Southside | 4.6 mi | $1,184 (±$132) | Not measurably different |
| Steele | 6.2 mi | $739 (±$509) | Not measurably different |
| Gadsden | 6.6 mi | $808 (±$42) | Lower |
| Glencoe | 8.7 mi | $736 (±$175) | Lower |
| Ohatchee | 10 mi | $796 (±$77) | Lower |
| Reece City | 11 mi | $1,139 (±$197) | Not measurably different |
| Tidmore Bend | 12 mi | $1,257 (±$437) | Not measurably different |
Nearby places with a measurably lower figure: Attalla, AL ($743), Gadsden, AL ($808), Glencoe, AL ($736).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Etowah County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Tidmore Bend | $1,257 (±$437) |
| 2 | Southside | $1,184 (±$132) |
| 3 | Reece City | $1,139 (±$197) |
| 4 | Rainbow City | $1,048 (±$67) |
| 5 | Whitesboro | $1,028 (±$131) |
| 6 | Sardis City | $862 (±$138) |
| 7 | Gadsden | $808 (±$42) |
| 8 | Attalla | $743 (±$185) |
| 9 | Glencoe | $736 (±$175) |
| 10 (tie) | Walnut Grove | $550 (±$237) |
Showing 10 of 12 places in Etowah County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Rainbow City
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Rainbow City, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Rainbow City beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Rainbow City, and send estimates and invoices from your phone.
Questions about Rainbow City
What is the average rent in Rainbow City, AL?
The Census Bureau publishes the median rather than the average: the median gross rent in Rainbow City is $1,048 (±$67) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Rainbow City?
In Rainbow City, the median gross rent went from $797 in 2015–2019 to $1,048 in 2020–2024 (+31.5%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Rainbow City cost more than $2,000 a month?
3.6% of rented homes in Rainbow City have a gross rent of $2,000 or more a month, and 3.3% cost less than $500.
Is rent in Rainbow City higher than in Etowah County?
In Rainbow City, median gross rent is higher than in Etowah County ($847).
It is not measurably different from Alabama ($1,007).
It is lower than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Rainbow City city, Alabama
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Rainbow City city, Alabama
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Rainbow City city, Alabama
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Rainbow City city, Alabama (place:63288, in state:01).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Rainbow City at a glance
- Rent by bedrooms in Rainbow City
- Rent burden in Rainbow City
- Renters and owners in Rainbow City
- Income and affordability in Rainbow City
- Home values in Rainbow City
- Homeowner costs in Rainbow City
- Property taxes in Rainbow City
- Types of homes in Rainbow City
- Bedrooms in Rainbow City
- Age of homes in Rainbow City
- Vacancy rate in Rainbow City
- Heating fuel in Rainbow City
- Commute and cars in Rainbow City
- Crime reported to police in Rainbow City
- Population growth in Rainbow City
- How long people stay in Rainbow City
- Crowding and facilities in Rainbow City
- Alabama landlord and tenant rules
- Housing across Etowah County
- Alabama places ranked by median rent
- Housing data for every place in Alabama