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market report · 35906
Rainbow City, AL · 35906
13 active listings$265,000 median ask$2,042 est. rent0.8% price/rent
$265,000
Median list price
$2,042/mo
Estimated rent
0.8%
Price / rent ratio
13
Listings
FHFA home price index · 2016–2025
65.5% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.11
Median rent / sqft
11 comps
$151.18
Median sold / sqft
11 comps
6.5
Walkability
somewhat walkable
3.5%
Area unemployment
BLS LAUS
Median household income $56,420 · median home value $220,900 · ACS 2024.
Natural-hazard risk Relatively High (FEMA NRI score 95).
3 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
309 Meadows Dr, Rainbow City, AL 35906
Rainbow City, AL
$179,900$1,923/mo1.1%
311 Meadow St, Rainbow City, AL 35906
Rainbow City, AL
$185,000$1,919/mo1%
106 Staci Ln, Rainbow City, AL 35906
Rainbow City, AL
$265,000$2,338/mo0.9%
3010 Lakewood Dr, Rainbow City, AL 35906
Rainbow City, AL
$232,000$1,893/mo0.8%
5261 Gilmer Ln, Rainbow City, AL 35906
Rainbow City, AL
$259,900$1,990/mo0.8%
115 St Thomas Dr, Rainbow City, AL 35906
Rainbow City, AL
$319,900$2,042/mo0.6%