
Cheap Homes for Rent in Rainbow City, AL from $400 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Rainbow City.


205 4th St SW

87 Poplar Dr

505 Howard Pl
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1310 Stroud Ave

1304 Pierce Ave

1835 Elwyn Ave

1812 McKinley Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Rainbow City, AL Local Guide

How much does it cost to rent a home in Rainbow City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rainbow City 2 Bedroom Homes for Rent | $969 | $650 | $1,350 |
| Rainbow City 3 Bedroom Homes for Rent | $1,373 | $850 | $3,800 |
| Rainbow City 4 Bedroom Homes for Rent | $1,483 | $1,350 | $1,700 |
Browse Top Homes for Rent in Rainbow City
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Rainbow City, AL Local Guide
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Cheapest Available Rainbow City Apartments for Rent and Nearby
 The cheapest available apartment rental in Rainbow City, AL is a 2 Beds unit found at Fox Run priced from $525. Emerald Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $525. Here is today’s list of the most affordable Rainbow City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fox Run | 2 Beds, 1 bath | 2BR,1BA | $525 |
| Emerald Court | One Bedroom | 1BR,1BA | $525 |
| Englewood Apartments | 1 Bed/1 Bath | 1BR,1BA | $699 |
Best Value Apartments for Rent in Rainbow City, AL and Nearby
As of December 27, 2025 the best value apartment in the Rainbow City area is the $0.80 price per square foot 4 BEDROOM Model at Arbours at Cane Creek in the starting from $1,078. The second greatest value Rainbow City apartment is the 2 Bed Townhouse, 1.5 Bath Model at Vines at Williamsburg starting at $910 with a $0.76 price per square foot . Here is today’s list of the best values for Rainbow City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Arbours at Cane Creek | 4 BEDROOM | 4BR,2BA | $0.80 |
| Vines at Williamsburg | 2 Bed Townhouse, 1.5 Bath | 2BR,1.5BA | $0.76 |
| The Pointe @ JSU | 4x4 | 4BR,4BA | $0.45 |
| Barrington Parc Apartments | 2x2 | 2BR,2BA | $0.76 |
| Columbia Square | 3/1 | 3BR,1BA | $0.88 |
| 2324 3rd St SW, Unit Noojin Apartments | 2324 3rd St SW | 2BR,1BA | $0.76 |
| Englewood Apartments | 2 Bed/1 Bath | 2BR,1BA | $0.87 |
| Meadows of Alexandria | 2 Bedroom | 2BR,2BA | $0.97 |
| Emerald Court | One Bedroom | 1BR,1BA | $0.69 |
| Fox Run | 2 Beds, 1 bath | 2BR,1BA | $0.74 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Rainbow City, AL Rentals by Map
See the most popular apartments and homes in Rainbow City, AL
Frequently Asked Questions about Rainbow City
What type of rentals are currently available in Rainbow City?
There are currently 56 Apartments for Rent in Rainbow City, AL with pricing that ranges from $477 to $1,805. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rainbow City ranging from $495 to $3,800.
What is the current price range for Rental Homes in Rainbow City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Rainbow City ranges from $495 to $3,800 with an average monthly rent of $1,105.
How much are larger Three and Four Bedroom Rentals in Rainbow City?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Rainbow City range from $522 to $1,558, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $3,800. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $519.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!