Rainbow Falls is a waterfall on Rainbow Creek in Washington, within the Lake Chelan National Recreation Area of North Cascades National Park near Stehekin. It descends 392 feet in two tiers, including an upper drop of 312 feet into a basin. The falls are among the most accessible natural attractions in the Stehekin area, reached by National Park Service trails, visible from Stehekin Valley Road, and regularly served in summer by a National Park Service shuttle from the Stehekin dock.