Rainbow Falls Dam, located in Aiken, South Carolina, is a privately owned structure primarily used for fire protection, stock, or as a small fish pond. Completed in 1960, this earth dam stands at a height of 13 feet and spans a length of 600 feet, with a storage capacity of 178 acre-feet. The dam is situated on Little Horse Creek and is regulated by the South Carolina Department of Health and Environmental Control (DHEC).

Despite its low hazard potential, Rainbow Falls Dam is regularly inspected to ensure its fair condition and safety. The last inspection in May 2019 found the dam to be in satisfactory condition. With a normal storage capacity of 106 acre-feet and a surface area of 24 acres, the dam serves as a vital resource for the local community. Additionally, the dam offers recreational opportunities for residents and visitors to enjoy.

Owned by a private entity, Rainbow Falls Dam plays a crucial role in providing essential services while also contributing to the local ecosystem. As a key component of water resource management in the area, the dam serves as a testament to the importance of maintaining and monitoring infrastructure to ensure the safety and well-being of surrounding communities.