Why Live in Rainbow Hills
Rainbow Hills in Saint Charles offers a rural, unincorporated residential setting just 3 miles from downtown. The neighborhood is characterized by its quiet streets and a strong sense of community, with residents often seen walking and greeting each other. West Main Street serves as the main thoroughfare, providing easy access to downtown's unique shops and local dining options. The area features a mix of home styles, including ranch, Dutch-Colonial, and split-level, with newer New Traditional-style homes in the Renaux Manor subdivision. Lot sizes vary, with more private, tree-lined 0.75-acre lots and smaller 0.25-acre lots in the subdivision. Students benefit from highly rated schools such as Bell-Graham Elementary, Thompson Middle School, and Saint Charles East High School. For things to do, Artesian Springs Park offers a playground and pavilion, while Otter Cove Aquatic Park is a popular summer destination. Dining options include Tap House Grill and several downtown favorites like Riverside Brewing Company. Grocery shopping is convenient with ALDI and Costco nearby, and retail therapy is available at Geneva Commons. The neighborhood is safer than the national average, adding to its appeal. Residents enjoy local events like the Kane County Fair and summer concerts at Lincoln Park. For travel, Interstate 190 and Chicago O’Hare International Airport are accessible within a reasonable drive.
Frequently Asked Questions
Is Rainbow Hills a good place to live?
Rainbow Hills is a good place to live. Rainbow Hills is considered very car-dependent and bikeable. Rainbow Hills is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Rainbow Hills has 5 parks for recreational activities. It is fairly sparse in population with 3.1 people per acre and a median age of 44. The average household income is $169,495 which is above the national average. College graduates make up 45.5% of residents. A majority of residents in Rainbow Hills are home owners, with 2.2% of residents renting and 97.8% of residents owning their home. A
local real estate agent serving Rainbow Hills can help you decide if this neighborhood is the right one for you. Learn more on our
Rainbow Hills neighborhood guide.
Is Rainbow Hills, IL a safe neighborhood?
Rainbow Hills, IL is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Rainbow Hills?
The median home price in Rainbow Hills is $449,000. If you put a 20% down payment of $89,800 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,330 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $100K a year to afford the median home price in Rainbow Hills. The average household income in Rainbow Hills is $169K.
What are the best public schools in Rainbow Hills?
The best public schools that serve Rainbow Hills are:
What are the most popular zip codes in Rainbow Hills, Saint Charles, IL?
What are the most popular neighborhoods near Rainbow Hills, Saint Charles, IL?
Home Trends in Rainbow Hills, IL
On average, homes in Rainbow Hills, Saint Charles sell after 94 days on the market compared to the national average of 70 days. The median sale price for homes in Rainbow Hills, Saint Charles over the last 12 months is $440,000.
Median Sale Price
$440,000
Median Single Family Sale Price
$440,000
Median 1 Bedroom Sale Price
$335,000
Average Price Per Sq Ft
$254
Number of Homes for Sale
0
Last 12 months Home Sales
18
Median List Price
$449,000
Median Change From 1st List Price
10%