Commercial Real Estate Market in Rainbow City, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
57 active listings and 359 off-market properties in Rainbow City, AL. Commercial property asks $2,556/SF to buy and $8.00/SF/Yr to lease.
Market Trends
Rainbow City, AL spans 35.0 square miles in Etowah County, Alabama. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Rainbow City, AL asks $105/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Rainbow City, AL asks $92/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Rainbow City, AL runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Rainbow City, AL runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Rainbow City, AL has 10,444 residents in 4,743 households. Density runs 299 people per square mile. Median household income here is $58,896 and median gross rent $998 a month.
10,444
Population
4,743
Households
2.2
Avg Household Size
42
Median Age
22%
College-Educated
85%
High-School Grad
35 sq mi
ZIP Area
299
Density / Sq Mi
$58,896
Median Household Income
$41,701
Median Earnings
$998
Median Rent
$199,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Southside | — | — |
| Steele | — | — |
| Gadsden | — | $11.32 |
| Ivalee | — | — |
Commercial property in Rainbow City, AL asks $2,556/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Rainbow City?
Commercial property in Rainbow City, AL asks an average of $2,556 per square foot. Office carries the highest asking price at $105/SF.
How much does it cost to lease commercial space in Rainbow City?
Asking lease rates in Rainbow City, AL average $8.00 per square foot per year.
Where does Realmo's Rainbow City market data come from?
Realmo compiles Rainbow City, AL figures from 53 active sale listings, 4 active lease listings, 359 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 53 active for-sale and 4 active for-lease listings in Rainbow City, AL. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
