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RAINBOW LAKE

Rainbow Lake Real Estate

Refine your Rainbow Lake real estate search by price, bedroom, or type (house, townhouse, or condo). View up-to-date MLS® listings in Rainbow Lake.

Recently Sold

2 homes for sale in Rainbow Lake, AB.

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  1. Canada
  2. Alberta
  3. RAINBOW LAKE Real Estate

Find Real Estate & MLS® Listings in Rainbow Lake

Zolo has the most comprehensive, up-to-date set of Rainbow Lake real estate listings. Right now, Rainbow Lake has 0 homes for sale, including 0 houses, 0 condos, and 2 townhouses on the market.

With Zolo you'll be able to find the hottest Rainbow Lake neighbourhoods, the best schools in the city, and evaluate nearby amenities. Narrow down your home search to filter by price, bedrooms, size or search by our map of MLS® listings for Canada-wide real estate.

MLS® Listing data for Rainbow Lake is updated every 15 minutes to provide you the most-up-to-date home listings. Contact one of our Rainbow Lake real estate agents to get started on landing your dream home today.

Rainbow Lake City Guide

870
Population
-9.8%
Population Growth
6%
Unemployment

Located in Alberta, the city of Rainbow Lake has a population of 870. The -9.8% population growth for this city is - when compared to other Canadian cities.

There are 8.07% of immigrants in in Rainbow Lake, 4.35% of which are recent immigrants to Canada. Other than English, the most common language spoken is Tagalog (Pilipino, Filipino), with 5% of residents reporting it as their mother tongue. The largest cultural community within Rainbow Lake is Canadian at 30%, followed by English at 25% and Scottish at 20%.

Rainbow Lake offers good employment opportunities with an unemployment rate that sits near 6%, which is - when compared to other cities. Approximately 66% of residents hold a university degree. Residents can expect good quality of life in Rainbow Lake based upon a - median family income of $145,847.

According to Statistics Canada 81% of Rainbow Lake residents drive. About 15% of residents that are already established within the city will move within a year, while 66% will move within five years.

Rainbow Lake's population is average when it comes to homeownership, with 34% owning a home and 66% renting. The median monthly mortgage cost is estimated to be about $1,271, which is - when compared to renters in other Canadian cities.

In the Canadian real estate context, Rainbow Lake is a good place to set down roots.

Demographics

Buying a house means owning a piece of a neighbourhood, so it’s a good idea to get to know your neighbours. Here’s a snapshot of Rainbow Lake’s demographics, including median age, schools and income, using census information from Statistics Canada.

66%
Rent
34%
Own
$612
Monthly Rent (Median)
$1,271
Monthly Mortgage (Median)
205
Total Families
$145,847
Family Income (Median)
31
Age (Median)
66%
College Educated

Commuters

According to Statistics Canada, residents in Rainbow Lake use a variety of ways to get around.

81%
Drive
0%
Transit
0%
Bike
19%
Walk

FAQs About RAINBOW LAKE Real Estate

According to current Rainbow Lake MLS© statistics, the average home listing price in Rainbow Lake, AB is $250,000.

The average townhouse in Rainbow Lake has an average listing price of $250,000, which represents a % change in price from last year. There are currently 2 townhouses for sale in Rainbow Lake, AB.

According to Statistics Canada Census data, the median total household income in Rainbow Lake is $145,847 per year, which is above the national median income of $67,000 per year.

rainbow-lake
The listing data is provided under copyright by Pillar 9™. The listing data is deemed reliable but is not guaranteed accurate by Pillar 9™ nor Zolo. The information provided on this page, including the Affordability, Afford Score™, and Affordability Coach, are provided for informational purposes only and should not be used or construed as financial or investment advice by any individual. No representations or warranties, express or implied, are made by Zolo or its affiliates as to the accuracy or completeness of the information on this page.