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Explore Similar Apartments Within 2 Miles of Rainbow City, AL

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    $119,000

    • 2 Beds
    • 2 Baths
    • 1,400 Sq Ft

    605 Randall St, Gadsden, AL 35901

    Duplex located in Downtown Gadsden. Both are large 1 bedroom 1 bath centrally located to shopping, banks, and schools. Duplex has hardwood floors and vinyl siding.

    Mark Cassidy Impact Realty LLC

    605 Randall St, Gadsden, AL 35901

Why Live in Rainbow City

Rainbow City, Alabama, is a growing community of around 10,000 residents located along the Coosa River, just south of Gadsden in Northeast Alabama. Known for its suburban character and well-maintained housing, Rainbow City features a mix of ranch and new traditional homes on smaller lots near the city center, while larger Craftsman and Colonial-influenced houses with expansive lots are found in more rural areas, some with riverfront views. The city offers various recreational activities, particularly on the Coosa River, with amenities such as Rainbow Landing's boat slip, fishing pier, and picnic pavilions. Rainbow City Park includes a playground and courts for pickleball and tennis, while the Vivian Lee Maddox Sports Complex provides multiple baseball and multipurpose fields, along with a walking path.

Education in Rainbow City is served by the Etowah County Schools district, with John S. Jones Elementary receiving high ratings. For shopping and dining, Rainbow Drive is the main thoroughfare, featuring shopping centers like Rainbow Crossing and The Village, as well as numerous fast-food restaurants and grocery stores. The Rainbow City Farmers Market, held on Monday and Wednesday mornings during warmer months, is a popular local event.

Residents often commute to nearby Gadsden for employment, with significant employers including the area's remaining manufacturing industries and two medical centers. The city benefits from lower crime rates compared to national and state averages, contributing to its appeal. Rainbow City experiences hot, humid summers with occasional severe storms and cooler winters, typical of the Deep South climate.

Home Trends in Rainbow City, AL

Housing Trends

Median Sale Price
$255,000
Median Single Family Sale Price
$170,000
Average Price Per Sq Ft
$155
Number of Homes for Sale
2
Last 12 months Home Sales
11
Months of Supply
2.20
Median List Price
$209,900
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-6%
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