6 homes sold in Rainbow Lakes in the last year, at a typical $763K
Almost every sale is a house. Below: what your budget buys and a shortcut to every site where Rainbow Lakes homes are listed.
Every place Rainbow Lakes homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Rainbow Lakes.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
What $750K buys in Rainbow Lakes
Check a listing against what Rainbow Lakes homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Owning the typical Rainbow Lakes home costs about $5,209 a month
Price: Rainbow Lakes’ typical sale, last 12 months. Property tax at Rainbow Lakes’ 1.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Rainbow Lakes is affordable on local pay is on Cost of living.
Four things worth knowing
Property tax, a year
Of a home’s value: the median bill over the median home value. On a $763K home, about $14,750 a year.
Taxes vs. neighborsTypical commute
The average one-way trip to work for people who live in Rainbow Lakes.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Post your home to Rainbow Lakes, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Rainbow Lakes. People who follow the town see it, and so do people comparing Rainbow Lakes with their own town. No commission, no listing fee.
Questions about buying a home in Rainbow Lakes
What do homes sell for in Rainbow Lakes, NJ?
6 homes sold in the year to September 2026 at a typical $763K, $485 a square foot.
Is Rainbow Lakes a buyer’s or seller’s market?
A seller’s market: 2 homes were for sale in September 2026 and 0 sold, about 2 months of supply. Buyers paid 103.2% of asking on average.
How much are property taxes in Rainbow Lakes?
About 1.9% of a home’s value a year. On a $763K home that’s near $14,750.
Where can I see homes for sale in Rainbow Lakes?
Zillow, Redfin, Realtor.com and Homes.com all carry Rainbow Lakes’ MLS listings; the search links above open each one filtered to Rainbow Lakes.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).