Rainbow Lake, AB Housing Statistics

A

39%

Med. Home Val. NAT. AVG.

100%

Rent NAT. AVG.

62%

Owner Occ. NAT. AVG.

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Rainbow Lake Housing Information

Index	Rainbow Lake	Alberta	National
Median home price	$408,441	$520,952	$665,961
Median rent asked	n/a	$1,690	$2,146
Avg. people per household	2.7	2.7	2.5
Owner occupied households	26.0%	72.0%	67.6%
Renter occupied households	74.0%	27.4%	32.0%

Housing Quick Facts

The median home price in Rainbow Lake is 39% lower than the national average.
The median rent asked in Rainbow Lake is 100% lower than the national average.
The average number of people per household in Rainbow Lake is 8% higher than the national average.
The number of owner occupied households in Rainbow Lake is 62% lower than the national average.
The number of renter occupied households in Rainbow Lake is 132% higher than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Rainbow Lake, AB	777	$408,441	39%

Cities with similar population

	Population	Home Price	National Avg.
La Patrie, QC	777	$451,126	32%
Notre-Dame-de-Pontmain, QC	776	$447,644	33%
Gordon 86, SK	779	$565,940	15%
Utikoomak Lake 155, AB	775	$402,975	39%
Johnson, ON	774	$714,921	7%
Rainbow Lake, AB	777	$408,441	39%

Source: The Rainbow Lake, AB housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.