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Rainbow City, AZ

Full City Profile · Arizona · Greenlee County County

1.8 /5.0
D Poor
901 Population 413/sq mi density
$16,953 Median Income $8,083 per capita
$92,700 Home Value $432,521 Zillow
42°F Avg Temperature 328 sunny days/yr
698 Violent Crime/100K 3,026 property/100K
D
Overall
1.8 / 5.0
Below average overall score based on economy, affordability, safety and education
F
Economy
1.1 / 5.0
$16,953 median income, 9.5% unemployment
B+
Affordability
3.6 / 5.0
$92,700 home value, /mo rent
F
Safety
1.0 / 5.0
698 violent crimes/100K (84% above avg)
F
Education
1.3 / 5.0
3.9% bachelor's degree or higher

Housing Overview

Median Home Value
$92,700
67% below
US avg: $281,900
Homeownership Rate
83.1%
27% above US avg (65.4%)
Total Housing Units
170
Median year built: 1989

Home Value by Source

Census Median
$92,700
Zillow (ZHVI)
$432,521
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

83.1%
Owner-Occupied
16.9%
Renter-Occupied
83%
17%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,053/mo
1 Bedroom
$1,151/mo
2 Bedroom
$1,419/mo
3 Bedroom
$1,889/mo
4 Bedroom
$2,158/mo

Affordability & Housing Stock

Rent Burden
9.0%
of renters spending 30%+ of income on housing
71% below US avg (31.0%)
Median Year Built
1989
Average age of housing stock: 37 years
Homeownership Rate
83.1%

Complete Housing Data

Home Values

Census Median Value$92,700
Zillow Home Value (ZHVI)$432,521

Rent

FMR Studio$1,053
FMR 1-Bedroom$1,151
FMR 2-Bedroom$1,419
FMR 3-Bedroom$1,889
FMR 4-Bedroom$2,158

Market

Ownership & Stock

Owner-Occupied83.1%
Renter-Occupied16.9%
Homeownership Rate83.1%
Total Housing Units170
Median Year Built1989
Rent Burden9.0%