What is the rental vacancy rate in Rainbow City, AL?
The rental vacancy rate in Rainbow City, AL is 5.0% (±4.2 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.5% (±0.8 points).
562 (±185) homes, 12.0% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Rainbow City, the rental vacancy rate went from 11.4% in 2015–2019 to 5.0% in 2020–2024 (−6.4 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 5.0% (±4.2 points)
- Homeowner vacancy rate
- 0.5% (±0.8 points)
- Vacant homes
- 562 (±185)
Vacancy in Rainbow City against Etowah County, its state and the nation
| Rainbow City | Etowah County | Alabama | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 5.0% (±4.2 points) | 6.3% (±1.9 points) | 7.2% (±0.3 points) | 5.5% |
| Homeowner vacancy rate | 0.5% (±0.8 points) | 1.5% (±0.7 points) | 1.1% (±0.1 points) | 0.9% |
| Vacant housing units | 562 (±185) | 8,192 (±702) | 340,018 (±6,268) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Rainbow City, the rental vacancy rate is not measurably different from Etowah County (6.3%).
It is not measurably different from Alabama (7.2%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Rainbow City
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Rainbow City | — | 5.0% (±4.2 points) | — |
| Attalla | 4.5 mi | 6.2% (±8.6 points) | Not measurably different |
| Southside | 4.6 mi | 0.0% (±15.0 points) | Not measurably different |
| Steele | 6.2 mi | 17.6% (±28.6 points) | Not measurably different |
| Gadsden | 6.6 mi | 7.4% (±3.1 points) | Not measurably different |
| Glencoe | 8.7 mi | 5.0% (±6.4 points) | Not measurably different |
| Ridgeville | 8.9 mi | 0.0% (±100.0 points) | Not measurably different |
| Ohatchee | 10 mi | 0.0% (±43.2 points) | Not measurably different |
| Reece City | 11 mi | 0.0% (±73.6 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Etowah County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Gadsden | 7.4% (±3.1 points) |
| 2 | Attalla | 6.2% (±8.6 points) |
| 3 | Altoona | 5.4% (±7.3 points) |
| 4 (tie) | Glencoe | 5.0% (±6.4 points) |
| 4 (tie) | Rainbow City | 5.0% (±4.2 points) |
| 6 (tie) | Hokes Bluff | 0.0% (±23.2 points) |
| 6 (tie) | Reece City | 0.0% (±73.6 points) |
| 6 (tie) | Ridgeville | 0.0% (±100.0 points) |
| 6 (tie) | Sardis City | 0.0% (±40.2 points) |
| 6 (tie) | Southside | 0.0% (±15.0 points) |
| 6 (tie) | Walnut Grove | 0.0% (±40.8 points) |
Showing 11 of 16 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.
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Questions about Rainbow City
Is it hard to find a rental in Rainbow City?
The rental vacancy rate in Rainbow City, AL is 5.0% (±4.2 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Rainbow City tighter than it was?
In Rainbow City, the rental vacancy rate went from 11.4% in 2015–2019 to 5.0% in 2020–2024 (−6.4 percentage points), not a measurable change.
How many homes are vacant in Rainbow City?
An estimated 562 (±185) housing units, 12.0% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Rainbow City city, Alabama
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Rainbow City city, Alabama
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 DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
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
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- Rent by bedrooms in Rainbow City
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- 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
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- Age of homes in Rainbow City
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- 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 rental vacancy rate
- Housing data for every place in Alabama