$267,316Average Value$230Average Price per Sq Ft6Homes For Sale
Rainbow Heights combines convenience and competitive prices
Rainbow Heights is a rapidly revitalizing area of eastside Tampa, attracting buyers looking for quick commuting and competitive home prices. “It’s an up-and-coming neighborhood, with a mix of older and new construction homes. And the traffic’s not bad in that particular area,” says Florida’s A Team Realtor Stephanie Riggins, who has nearly 15 years of experience. Downtown, the Ybor City historic district and attractions like Busch Gardens are all located within about a 6-mile radius of Rainbow Heights. Even at the height of rush hour traffic, Riggins says they’re all about a 30-minute drive away. “It’s centrally located in terms of east Tampa,” agrees Jenn Cook, a Coastal Properties Group Realtor with over 20 years of experience. “It’s a true commuter, bedroom community, where you can pretty much get to jobs and shopping and restaurants within minutes,” Cook adds.
New construction homes stick with the classic styles to match neighbors in Rainbow Heights.
Ybor City is the historic district near Rainbow Heights with shopping, dining and plenty to see.
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Cottages built since 1960 sell for under the Tampa median
Many of these Craftsman and Spanish-inspired Minimal Traditional cottages were built between the 1960s and early 2000s, and rarely reach the market. “A lot of the original owners have stayed here and continue to stay here,” Cook says. “They’re not motivated to leave. But there are some investors coming in and knocking down houses and building new.” Prices range from $90,000 to about $200,000 for older, less updated properties, while freshly renovated homes and new builds typically sell for between $200,000 and $355,000. “It’s on the low end for the city,” Riggins says. Tampa’s median single-family home price is around $480,000.
Classic craftsman style homes come standard with front porches.
New construction homes with Spanish influences are popping up around Rainbow Heights.
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Shopping and dining on U.S. Route 41, 22nd Street and in Ybor City
The U.S. Route 41 and 22nd Street commercial corridors are lined with retailers like Ross and DD’s Discounts, beauty supply shops, convenience stores and more. Sanwa Farmer’s Market, a small regional chain known for multicultural goods and multilingual staff, is nearby. Publix is around the corner. Casual mom-and-pop eateries like Nick’s Gyros & Subs and Hector’s Mexican Food surround the market. For upscale dining, boutiques and vintage shops, Cook says locals head downtown or to Ybor City, a historic district about 10 minutes away. It’s home to the oldest eatery in Florida, Columbia Restaurant, which opened in 1905 and sprawls along an entire city block.
The Flan Factory near Rainbow Heights is a family owned cuban restaurant.
Carmine's specializes in Cuban classics such as the Cuban sandwich and deviled crab's near Rainbow Heights.
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Hillsborough County high school offers STEM magnet programs
Potter Elementary and Sligh Middle receive C grades from Niche. Middleton High gets an A-minus. The high school, built in 2002 for $46.5 million, is known as Hillsborough’s most technologically advanced. The STEM-focused school offers magnet programs in engineering, biomedicine/biotechnology, cyber security and computer game design.
Potter Elementary School has 441 students in grades PK and K-5.
Middleton High School has a student-teacher ratio of 15 to 1.
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Indoor and outdoor recreation within about a mile of Rainbow Heights
A few blocks north, Fair Oaks Park has a community center and a playground. Osborne Pond is nearby, circled by the Clarence Fort Freedom Trail, a boardwalk path named in honor of a local civil rights leader. Cyrus Greene Pool is open year-round in the neighborhood next door. The Jackson Heights NFL YET Center, part of an initiative to provide activities and programs to kids in underserved communities, is also close by. The rec center has a playground, indoor and outdoor sports facilities and a computer lab, which hosts regular online learning days.
Spot Skatepark of Tampa is a world renowned indoor/outdoor skate park with rentals and pro shop near Rainbow Heights..
The Jackson Heights NFL YET Center is a youth kids sports program for locals in Rainbow Heights.
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Major highways, HART bus stops put Tampa metro in reach
U.S. Routes 41 and 92, as well as Interstates 4 and 275 connect around the Tampa metro, but residents can avoid major highways when heading downtown. Taking M.L.K Jr. Boulevard and Nebraska Avenue is usually quicker; the drive only takes about 15 minutes without traffic. Hillsborough County Regional Transit Authority, or HART, buses serve the neighborhood, picking up from stops on Osborne Avenue and 34th Street. Several routes run to destinations like Tampa General Hospital and Tampa International Airport. By car, both the hospital and airport are less than 30 minutes away, though drive-time increases during rush hour. The CAP Index crime score for Rainbow Heights is 5 out of 10, above the national median of 4.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Are you familiar with the Rainbow Heights neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Rainbow Heights
US
Homicide
3
4
Sexual Assault
5
4
Assault with Weapon
6
4
Robbery
6
4
Burglary
4
4
Motor Vehicle Theft
5
4
Larceny
5
4
Crime Score
6
4
Source: WhatIsMyCrimeRisk.com
Rainbow Heights Demographics and Home Trends
On average, homes in Rainbow Heights, Tampa sell after 63 days on the market compared to the national average of 54 days. The median sale price for homes in Rainbow Heights, Tampa over the last 12 months is $299,000, up 3% from the median home sale price over the previous 12 months.
Gorgeous and close to everything. Newly constructed with care. This 4/2 CBS home features durable laminate floors, tasteful interior paint themes, granite and stainless appliances, tankless hot water heater, vinyl fence, corner lot, and attractive landscaping. East Tampa proper with inner city trending improvements surrounded by Northview Hills, Belmont Heights, College Hills, Jackson Heights,
Investor Special in the Heart of Tampa! Welcome to 3908 E Genesee St. A fantastic opportunity to bring your vision to life! This 2-bedroom, 1-bathroom home offers 948 sq ft and is perfect for investors, flippers, or buyers looking to customize it to their taste. Situated just off N 40th St, this property boasts an incredibly central location with convenient access to shopping, supermarkets,
Don’t miss this income-producing block quadruplex in a prime Tampa location! This property is a strong cash-flow investment with excellent rental income and future development potential. All units are rented out for totaling of $5674 a month and $67764, offering and attractive return on the investment and immediate upside for investors. Situated on a large lot of nearly half an acre, the property
Welcome to this concrete block, three bedroom one bathroom home with a brand new brick paver driveway! As you walk into the front door you will notice the brand new laminate flooring in the living room and dining room combo. A little further in the house you will see the kitchen boasts brand new granite countertops, new cabinets, brand new appliances and fresh paint throughout the house. The
This property may be subdivided into two separate lots. Seller encourages interested parties to contact a Hillsborough County Zoning Counselor for the exact minimum lot area, setbacks, and density limits that apply to that address. The existing house can be torn down, rehabbed for resale, rental income, or use as a primary residence. The additional lot offers significant development upside,
Move-in ready 3-bedroom, 2-bath residence featuring recent renovations throughout. The home includes a detached 1-car garage with laundry area, generous living space, and an oversized backyard perfect for entertaining, pets, or future expansion. Well-maintained and thoughtfully updated, this property offers comfort, functionality, and outdoor space rarely found at this price point.
The advertised rate of $2,991/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 5, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be
Spacious 3 Bedroom Home! Beautifully updated 3-bedroom, 2-bathroom single-family home offering 1,188 sq. ft. of modern living space in a quiet Tampa neighborhood. Step inside to a bright, open-concept layout featuring fresh interior paint, tile flooring throughout, and abundant natural light, creating a warm and inviting atmosphere. The home features a fully functional kitchen with plenty of
This home is exclusively offered by Brandywine Homes USA on a first-come, first-approved basis until the lease is signed and the security deposit is paid. Rental Qualifications: Rental Fees: Security Deposit: Varies based on credit, with a standard deposit equal to 1 month's rent. Security Deposit Alternatives available - $150 fee (subject to approval).
Newer built block home in sunny Tampa, Florida for lease. The home features a spacious open plan layout with 3 bedrooms and 2 full bathrooms. The kitchen is equipped with wood cabinets, stone countertops, and stainless steel appliances. Head through the sliding glass doors in the living room to find a wonderful screened-in lanai, perfect for relaxing after a days work. The backyard is fully
The advertised rate of $2,991/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 5, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be
The advertised rate of $3,769/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 23, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
