Cheap Homes for Rent in Rainbow City, AL from $650 (19 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in Rainbow City.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Rainbow City, AL Local Guide

Cheapest Available Rainbow City Apartments for Rent

 

The cheapest available apartment rental in Rainbow City, AL is a 2 Beds unit found at Fox Run in the St Clair County neighborhood priced from $525. The Pointe @ JSU has the second lowest priced unit, which is a 4 Beds apartment currently listed from $634. Here is today’s list of the most affordable Rainbow City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fox Run2 Beds, 1 bath2BR,1BA$525
The Pointe @ JSU4x4 Premium4BR,4BA$634
HomesteadOne Bedroom1BR,1BA$685
Englewood Apartments1 Bed/1 Bath1BR,1BA$699
Hallmark Talladega3BR3BR,2BA$705

Best Value Apartments for Rent in Rainbow City, AL

As of August 23, 2026 the best value apartment in the Rainbow City area is the $0.90 price per square foot 3C Model at Jubilee Townhomes in the in the St Clair County neighborhood starting from $1,295. The second greatest value Rainbow City apartment is the 3BR Model at Hallmark Talladega starting at $705 with a $0.56 price per square foot in the Talladega County neighborhood. Here is today’s list of the best values for Rainbow City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Jubilee Townhomes3C3BR,2BA$0.90
Hallmark Talladega3BR3BR,2BA$0.56
Vines at Williamsburg2 Bed Townhouse, 1.5 Bath2BR,1.5BA$0.80
The Pointe @ JSU4x4 Premium4BR,4BA$0.55
Barrington Parc Apartments2x22BR,2BA$0.76
Arbours at Cane Creek2 Bedroom Townhome2BR,1.5BA$0.82
Hickory Run II Apartments3 Bedroom3BR,2BA$0.79
Timbers2/12BR,1BA$0.82
Englewood Apartments2 Bed/1 Bath2BR,1BA$0.87
Fox Run2 Beds, 1 bath2BR,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 Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Rainbow City, AL Rentals by Map

View Map
Rainbow City, AL Apartments Map
View Map
Rainbow City, AL Rental Homes Map

Frequently Asked Questions about Rainbow City

What type of rentals are currently available in Rainbow City?

There are currently 60 Apartments for Rent in Rainbow City, AL with pricing that ranges from $505 to $1,529. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rainbow City ranging from $650 to $5,550.

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 $650 to $5,550 with an average monthly rent of $1,401.

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 $570 to $1,445, 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 $1,850 and Four Bedroom Apartments start at $559.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.