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Rainbow City is a town in Alabama with a population of 9,589. 5255 Riddles Bend Road, Rainbow City, AL, 35906 Details » $130,000 For Sale by Owner Rainbow City, AL * THE HOUSE IS NOT FOR SALE BUT FOR RENT * RENT IS FOR $800 MONTHSingle Family HomeBeds: four Living in Rainbow City offers residents a sparse suburban feel and most residents own their homes. Hundreds of new rental houses are added daily, so you're sure to find a great Rainbow City rental house in no time. View 3 Rent To Own Homes & Lease To Own Homes For Sale in Rainbow City, AL. Search for rent-to-own homes in Rainbow City, AL 35906 and learn about the rent-to-own market with iRentToOwn.com. Our goal is to offer the highest quality results, along with helpful Rainbow City resources and support. 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