
Expensive
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These days, finding an affordable place to live in the Rainbow Hills area can be challenging. Home prices in Rainbow Hills are now at a median cost of $168,402, lower than the San Antonio average of $304,479.
The average cost of rent is $1,168/mo in Rainbow Hills, primarily driven by the current value of real estate in the Rainbow Hills area. In Rainbow Hills, 59.73% of households rent, and 36.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rainbow Hills is $4,854 per month. Households that rent pay about 24.07% of their income on rent here. Rainbow Hills’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Adams Hill, San Antonio, TX: higher priced homes
- Meadow Village, San Antonio, TX: higher priced homes
- Springvale, San Antonio, TX: less expensive homes
- Cable-Westwood, San Antonio, TX: less expensive homes
- Heritage, San Antonio, TX: higher priced homes
- United Westwood, San Antonio, TX: equally priced homes
- Sierra Springs, San Antonio, TX: higher priced homes
- Crown Meadows, San Antonio, TX: higher priced homes
- Timber Ridge, San Antonio, TX: higher priced homes
- Pipers Meadow, San Antonio, TX: higher priced homes
Neighborhoods with Similar Populations
- Matthews Beach, Seattle, WA: higher priced homes
- The Bush, Chicago, IL: equally priced homes
- The Avenues, York, PA: equally priced homes
- Sloan Lake, Denver, CO: higher priced homes
- Pullman, Chicago, IL: equally priced homes
- Atlantic, Seattle, WA: higher priced homes
- North Avondale, Cincinnati, OH: higher priced homes
- Near North, Minneapolis, MN: higher priced homes
- Milton Upper Mills, Milton, MA: higher priced homes
- Townsite, Henderson, NV: higher priced homes
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