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Rainbow, CA
Full City Profile · California · Orange County County
2.7
/5.0
C+
Fair
1,793
Population
162/sq mi density
$85,368
Median Income
$42,819 per capita
$699,500
Home Value
$757,626 Zillow
$2,097
Median Rent
46.1% income on rent
65°F
Avg Temperature
330 sunny days/yr
92
Violent Crime/100K
2,341 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$85,368 median income, 3.5% unemployment
C
Affordability
2.0 / 5.0
$699,500 home value, $2,097/mo rent
F
Safety
1.0 / 5.0
92 violent crimes/100K
B
Education
3.3 / 5.0
28.4% bachelor's degree or higher
Housing Overview
Median Home Value
$699,500
148% above
US avg: $281,900
Median Rent
$2,097/mo
80% above
US avg: $1,163/mo
Homeownership Rate
81.5%
25% above US avg (65.4%)
Total Housing Units
727
Median year built: 1976
Home Value by Source
Census Median
$699,500
Zillow (ZHVI)
$757,626
Median Sale Price
$1,197,500
Median List Price
$929,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
81.5%
Owner-Occupied
18.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,513/mo
1 Bedroom
$1,647/mo
2 Bedroom
$2,053/mo
3 Bedroom
$2,752/mo
4 Bedroom
$3,165/mo
Census median rent:
$2,097/mo
Market Indicators (Redfin)
Median Days on Market
171 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$507
Active Inventory
5
homes for sale
Affordability & Housing Stock
Rent Burden
46.1%
of renters spending 30%+ of income on housing
49% above US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
81.5%
Complete Housing Data
Home Values
| Census Median Value | $699,500 |
| Zillow Home Value (ZHVI) | $757,626 |
| Median Sale Price | $1,197,500 |
| Median List Price | $929,900 |
| Price Per Sq Ft | $507 |
Rent
| Census Median Rent | $2,097 |
| FMR Studio | $1,513 |
| FMR 1-Bedroom | $1,647 |
| FMR 2-Bedroom | $2,053 |
| FMR 3-Bedroom | $2,752 |
| FMR 4-Bedroom | $3,165 |
Market
| Days on Market | 171 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 20.0% |
| Homes Sold | 2 |
| Active Inventory | 5 |
| Price Per Sq Ft | $507 |
Ownership & Stock
| Owner-Occupied | 81.5% |
| Renter-Occupied | 18.5% |
| Homeownership Rate | 81.5% |
| Total Housing Units | 727 |
| Median Year Built | 1976 |
| Rent Burden | 46.1% |