Rent in Rainbow City, AL
A 2-bedroom in Rainbow City, AL (ZIP 35906) typically rents for about $1,122 a month, with a range of $1,074–$1,170. Owner-occupied homes in Etowah County pay about 0.39% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $810 | $679–$810 | 1 |
| 1 bed | $824 | $647–$1,000 | 1 |
| 2 beds | $1,122 | $1,074–$1,170 | 1 |
| 3 beds | $1,308 | $1,136–$1,480 | 1 |
| 4 beds | $1,680 | $1,397–$1,680 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Rainbow City ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Rainbow City, AL?
- About $1,122 a month: the median of the typical rents in 1 ZIP code, which range from $1,074–$1,170. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Rainbow City, AL?
- About $824 a month: the median of the typical rents in 1 ZIP code, which range from $647–$1,000. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Rainbow City, AL?
- About $1,308 a month: the median of the typical rents in 1 ZIP code, which range from $1,136–$1,480. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Rainbow City, AL?
- About $810 a month: the median of the typical rents in 1 ZIP code, which range from $679–$810. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Rainbow City, AL?
- About $1,680 a month: the median of the typical rents in 1 ZIP code, which range from $1,397–$1,680. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Rainbow City, AL?
- Owner-occupied homes in Etowah County pay a typical 0.39% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Rainbow City rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).