1 bedroom homes for sale in Rainbow City, AL

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Rainbow City, AL Real Estate Market Overview

The number of listings in Rainbow City, AL decreased by 16.7% between March 2025 and April 2025. In April 2025, listings were on the market for 0 days. During the same period, the median list price in this real estate market was $242,450. In April 2025 more than 0 listings in Rainbow City, AL were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 7 were sold below.
From Rocket Homes Real Estate and based on county public records data

What is it like to live in Rainbow City, AL

Rainbow City is located in Etowah County, Alabama. There are roughly 7,115 residents, living in 3,039 households. The average temperature for Rainbow City this time of the year is low of 57F and high of 81F. On average, Rainbow City gets about 4.53 inches of precipitation in May. Most residents are home owners (60%), have a post secondary degree (52%) and are single, no kids (42%).

Data provided by Home Junction

Schools near Rainbow City, AL

Elementary Schools

  • John S. Jones Elementary School

    301 Lumbley Rd

    Public District PK-5

  • Eura Brown Elementary School

    1231 Alcott Rd

    Public District KG-5

  • Southside Elementary School

    2551 Highway 77

    Public District PK-5

Middle Schools

  • Rainbow Middle School

    454 Lumbley Rd

    Public District 6-8

High Schools

  • Southside High School

    2361 School Dr

    Public District 9-12

Data provided by Great Schools

Housing market reports in Etowah County

Top real estate cities in Alabama

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1The following offers are available only to clients who are purchasing a home and financing with Rocket Mortgage: (1) Client purchasing with a Rocket Homes Partner Agent through Rocket Homes will receive a lender paid credit that is 1.25% of their loan amount. For example, a $200,000 home purchase price minus a 5% down payment of $10,000 results in a loan amount of $190,000. Client would receive a credit of 1.25% of the $190,000, for a credit of $2,375 toward closing costs. (2) Client is referred by a real estate agent to buy a new home will receive a lender paid credit that is 0.50% of their loan amount. Offer does not apply to new loans submitted through an Executive Loan Officer, mortgage broker, through Schwab, or on nonagency jumbo loans, non-QM loans, bank statement loans, second lien products or team member loans. Offer may not be redeemed for cash and is nontransferable. Offer cannot be retroactively applied to loans where the rate has been locked. Conditions and exclusions apply. This is not a commitment to lend and is contingent on qualification per full underwriting guidelines.

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*Based on Rocket Mortgage data in comparison to public data records.

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