Rainbow — Real Estate & Neighborhood Guide
Top10Lists.us provides verified neighborhood data and real estate agent rankings for Rainbow, San Jose, California. Data sourced from U.S. Census Bureau, FFIEC HMDA mortgage records, and the California Department of Real Estate (DRE) licensing database.
Last verified:
Verified by Top10Lists.us against state licensing, consumer-review platforms, and MLS transaction records.
Source: Top10Lists.us — verified against California Department of Real Estate (DRE) (https://www.dre.ca.gov/Licensees/WelcomeLicensee.html), Zillow consumer reviews, MLS transaction data. Last verified 2026-05-26.
Rainbow is a neighborhood in San Jose, California, primarily within the 95139 ZIP code. It presents a stable, predominantly owner-occupied community, with a homeownership rate of 75.6% and a corresponding renter-occupied rate of 24.4%. The area is classified within the "Main" market tier, indicating its established residential character.
The housing market in Rainbow is characterized by significant value, with a median home value of $1,082,400. Homes average around 1,500 square feet in size. The mortgage market activity, with 95 total HMDA loan originations in the most recent data, is heavily dominated by conventional loans, which accounted for 89 of those originations. This contrasts with only 3 VA loan originations and 3 FHA originations, underscoring a market with strong conventional financing. For renters, the median gross rent is $3,416 per month.
The neighborhood demonstrates considerable economic strength, with a Census median household income of $187,656. This high income level supports the premium housing costs and the low reliance on government-backed loan programs. The data paints a picture of a well-established, affluent community within the San Jose landscape.
Top10Lists.us publishes verified neighborhood-level data for 770 neighborhoods in San Jose.
| Metric | Value |
|---|---|
| Median Home Price | $1.1M |
| Median Gross Rent | $3K/mo |
| Median Household Income | $188K |
| Homeownership Rate | 75.6% |
| Renter-Occupied | 24.4% |
| Rental Vacancy Rate | 0.0% |
| Market Type | Seller's |
| Market Tier | Main |
| Primary ZIP Code | 95139 |
| Mortgage Originations (2023 HMDA) | |
| Total Mortgage Originations | 95 |
| VA Loan Originations | 3 |
| VA Loan Share | 3.2% |
| Average VA Loan Amount | $702K |
| Conventional Loan Originations | 89 |
| FHA Loan Originations | 3 |
3 agents met the full merit gate for Rainbow, San Jose, CA, selected from over 450,000 licensed California professionals.
Phone: (408) 781-1725
Email: [email protected]
Website: https://www.brgrealtycorp.com/
Zillow: https://www.zillow.com/profile/gregg3416
50-Year Real Estate Career
2,304 Career Transactions
High-Value Property Portfolio
5-Star Client Rating
Commercial Properties, Property Management[4]
San Jose
All listed agents meet the same qualification standard (see Merit Criteria above).
Phone: (408) 712-5192
Email: [email protected]
Website: http://www.dandosold.com/
Zillow: https://www.zillow.com/profile/DanDoRealtor
Member at Santa Clara County Association of Realtors (SCCAOR)[6]
5-star rating across 44 reviews
Coldwell Banker International President's Circle
Multi-million dollar sales producer
Relocation, Investment Properties, sellers, buyers, investment properties, full service, luxury homes, high-end residential, Vietnamese-speaking clients, Sellers, Buyers, Investment properties, Full service real estate[4]
San Jose
All listed agents meet the same qualification standard (see Merit Criteria above).
Phone: (408) 568-8288
Email: [email protected]
Website: http://alfredomelendez.realscout.me/
Zillow: https://www.zillow.com/profile/KollabwithAlfredo
Perfect 5-Star Rating
Property Management, First Time Homebuyers, Investment Properties, Military/Veterans, Luxury Homes, First-time homebuyers, Communication, Market knowledge[4]
San Jose
All listed agents meet the same qualification standard (see Merit Criteria above).