House Prices

Rainbow Heights Tampa, FL House Prices & Home Values 2026


Average Data

average house price$174,162
average size per house1402 ft²
average price per ft²123 $ / ft²

04/15/2026 - The value range (VR) for house prices in Rainbow Heights Tampa, FL is $116.85/ sqft to $129.15/ sqft. An average home with 1402 sqft costs approximately $161,858 to $178,896. Tampa, FL includes 1 ZIP codes and it is located in Hillsborough county. The lowest prices are found in ZIP 33610, while the highest are in ZIP 33610. The average price per sqare feet is $123. Our analysis is based on 15 property listings.

Avergage prices by ZIP codes Rainbow Heights Tampa

33610131 $ / ft²




Historical development of home values in Rainbow Heights Tampa

Year Estimated value (USD) Change vs. 2025
2010 $80,884 -53.6%
2011 $77,756 -55.4%
2012 $77,547 -55.5%
2013 $80,445 -53.8%
2014 $84,445 -51.5%
2015 $88,779 -49.0%
2016 $93,413 -46.4%
2017 $98,454 -43.5%
2018 $103,898 -40.3%
2019 $108,715 -37.6%
2020 $114,335 -34.4%
2021 $130,044 -25.3%
2022 $151,602 -13.0%
2023 $159,871 -8.2%
2024 $169,120 -2.9%
2025 $174,162 0.0%

Graph: estimated home values in Rainbow Heights Tampa over time (USD)



Example: 100% financing house in Rainbow Heights Tampa

Loan amount: $174,162

Interest rate: 5.93%

Fixed monthly payment: $1,036.14

Breakdown in the 1st month:
Interest portion: $860.36  –  Principal portion: $175.78

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $10,266.06 $2,167.63 $171,994.37
2 $10,134.01 $2,299.68 $169,694.69
3 $9,993.92 $2,439.77 $167,254.92
4 $9,845.30 $2,588.39 $164,666.52
5 $9,687.62 $2,746.07 $161,920.45
6 $9,520.33 $2,913.36 $159,007.09
7 $9,342.86 $3,090.83 $155,916.26
8 $9,154.57 $3,279.12 $152,637.14
9 $8,954.82 $3,478.87 $149,158.27
10 $8,742.89 $3,690.80 $145,467.47
11 $8,518.06 $3,915.63 $141,551.84
12 $8,279.53 $4,154.16 $137,397.68
13 $8,026.47 $4,407.22 $132,990.46
14 $7,757.99 $4,675.70 $128,314.76
15 $7,473.16 $4,960.53 $123,354.23
16 $7,170.98 $5,262.71 $118,091.52
17 $6,850.39 $5,583.30 $112,508.21
18 $6,510.27 $5,923.42 $106,584.79
19 $6,149.43 $6,284.26 $100,300.52
20 $5,766.60 $6,667.09 $93,633.44
21 $5,360.46 $7,073.23 $86,560.21
22 $4,929.58 $7,504.11 $79,056.10
23 $4,472.45 $7,961.24 $71,094.86
24 $3,987.47 $8,446.22 $62,648.64
25 $3,472.95 $8,960.74 $53,687.89
26 $2,927.08 $9,506.61 $44,181.28
27 $2,347.96 $10,085.73 $34,095.55
28 $1,733.57 $10,700.12 $23,395.43
29 $1,081.74 $11,351.95 $12,043.48
30 $390.21 $12,043.48 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Rainbow Heights Tampa, FL


1500 sqft3900 sqft
Ø selling price$220,567$469,205
Ø fast selling$200,515$422,284
Ø high price sale$240,618$516,125

In 2026, houses in Rainbow Heights Tampa, FL will be offered at an average price of $123 per square foot. A 1,500 sqft home priced at $220,567 is 22.72% more expensive per square foot than a 3,900 sqft home priced at $469,205. Home prices in Rainbow Heights Tampa, FL vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $324,834. Sellers who can wait longer may achieve a higher price of up to $397,019.


Rainbow Heights, Tampa, FL: Neighborhood Guide

Overview

Nestled in Tampa, FL, Rainbow Heights is a friendly residential neighborhood known for its welcoming vibe and everyday convenience.
Homebuyers searching for Rainbow Heights Tampa real estate appreciate its balance of quiet streets and easy access to city amenities.

Location & Accessibility

The neighborhood offers quick connections to major Tampa destinations, making commutes and weekend outings simple.
Residents enjoy being a short drive from downtown attractions, waterfront parks, and popular shopping districts. Proximity to schools, healthcare, and essential services adds to the area?s practical appeal.

Lifestyle & Amenities

Tree-lined blocks, neighborhood parks, and local eateries create a relaxed, community-centered lifestyle.
Active neighbors host block gatherings and seasonal events that strengthen the Rainbow Heights neighborhood spirit. Pet-friendly sidewalks and recreation options make daily living comfortable for families, professionals, and retirees alike.

Homes & Market

From cozy bungalows to updated single-family homes, buyers will find a range of options and price points.
If you?re exploring homes for sale in Rainbow Heights, partnering with a local Tampa agent can help you move quickly in this competitive market.



FAQ – Home Values in Rainbow Heights Tampa

What is the median home value in Rainbow Heights Tampa in 2026?

In 2026, the typical home value in Rainbow Heights Tampa is about $174,162 for an average home size of 1402 square feet. This corresponds to an average price of roughly $123 per square foot.

What is the average cost per square foot in Rainbow Heights Tampa?

In 2026, homes in Rainbow Heights Tampa sell for an average of around $123 per square foot, with a typical range between $116.85 and $129.15 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Rainbow Heights?

The average home size in Rainbow Heights Tampa is about 1402 square feet, with an estimated 2026 value around $174,162.



Neighborhoods close to Rainbow Heights Tampa, FL

Bay Crest Park Tampa, FL198 $ / ft²
ChampionsGate Davenport, FL129 $ / ft²
Gator Circle Cape Coral, FL140 $ / ft²
Historic Ybor Tampa, FL177 $ / ft²
North End Palm Beach, FL1850 $ / ft²
Nautica Isles Lake Worth, FL177 $ / ft²
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