487 E Rainbow Dr
Chandler, AZ 85249
- 3 Beds
- 2 Baths
- 1,269 sqft
3 Beds
2 Baths
1,269 sqft
Local Information
-- mins to
Description
Very nice home in Chandler! 3 bedrooms, 2 baths, great-room dining combo, refrigerator, lots of tile flooring in all the right places, neutral color carpet, patio, HOA maintains front landscaping & 2 car garage. Not far from downtown Chandler, restaurants, shopping & entertainment! 2 year lease may be considered. Smoking or vaping of any kind is not allowed. Security deposit will equal at least one months rent. Tenant must provide proof of renters insurance prior to moving in. Please call regarding pets. Please refer to Policies on Renting for important information.
487 E Rainbow Dr, Chandler, AZ 85249 is a 3 bedroom, 2 bathroom, 1,269 sqft single-family home. It last sold for $188,663 on Aug 12, 2005 (9,103% above the $2,050 asking price). More recently, it was listed as a rental in January 2025 with an asking price of $2,195 per month. That rental listing was removed on February 27, 2025. It is currently off market. The Trulia Estimate is $397,600, with a rent estimate of $2,226/month.
Home Highlights
Parking
Garage
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 487 E Rainbow Dr
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Property Type / Style Property Type: Single Family Home |
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Lease Term: 12 months
Management-broker
Application Fee: $65
Security Deposit: $2050
Pet Deposit: $250 |
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Parking & Garage GarageParking: Garage Other, On Site |
Price History for 487 E Rainbow Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 02/27/2025 | $2,050 | ListingRemoved | Zillow Rentals |
| 02/11/2025 | $2,050 | PriceChange | Zillow Rentals |
| 01/11/2025 | $2,195 | Listed For Rent | Zillow Rentals |
| 08/12/2005 | $188,663 | Sold | N/A |
Market trends in Chandler
Last updated June 2026
Avg. sale price
$495K
$5KMoM
Sale-to-List Price
98.7%
0.1%MoM
Price per sq ft
$276
$0MoM
Available listings
1079
61MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $1,609 |
| Assessment | $332,800 |
Home facts updated by county records
Comparable Sales for 487 E Rainbow Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.10 | Single-Family Home | $420,111 | 05/29/26 | 3 | 2 | 1,368 | |
0.03 | Single-Family Home | $403,810 | 10/02/25 | 2 | 2 | 1,350 | |
0.06 | Single-Family Home | $475,000 | 05/15/26 | 3 | 2.5 | 1,621 | |
0.09 | Single-Family Home | $438,000 | 07/25/25 | 3 | 3 | 1,982 | |
0.55 | Single-Family Home | $385,000 | 01/16/26 | 3 | 2 | 1,131 | |
0.45 | Single-Family Home | $590,000 | 11/12/25 | 3 | 2 | 1,837 | |
0.31 | Single-Family Home | $634,000 | 10/10/25 | 4 | 2 | 2,466 | |
0.57 | Single-Family Home | $525,000 | 05/04/26 | 3 | 2 | 1,778 | |
0.27 | Single-Family Home | $665,000 | 04/02/26 | 4 | 2.5 | 2,178 | |
0.34 | Single-Family Home | $730,000 | 10/24/25 | 4 | 2 | 2,466 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 487 E Rainbow Dr.
What Locals Say about Chandler
At least 1885 Trulia users voted on each feature.
90 % Say it's dog friendly
90 % Say there are sidewalks
87 % Say car is needed
83 % Say parking is easy
79 % Say streets are well-lit
76 % Say there's holiday spirit
75 % Say people would walk alone at night
73 % Say yards are well-kept
71 % Say it's quiet
64 % Say kids play outside
57 % Say it's walkable to grocery stores
56 % Say it's walkable to restaurants
52 % Say they plan to stay for at least 5 years
48 % Say neighbors are friendly
29 % Say there are community events
22 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
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