Average Rent in Jonesboro, AR↑ Rents rising 3.8% YoY🔺 7th priciest in AR

Jonesboro, AR has rental prices ranging from $889/month to $1,424/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $895/month — 36% below the national average of $1,400/month. With a median household income of $55,478/year, spending $895/month on a 1-bedroom represents 19% of gross income — within the recommended 30% threshold.

How Jonesboro Compares

With an average 2-bedroom rent of $1,079/month, Jonesboro ranks #7 most expensive of the 70 cities tracked in Arkansas — pricier than 61% of all US cities in our data.

The Jonesboro Rental Market

The Jonesboro, AR area has a population of about 134,837 and 40% of households renting rather than owning. That renter share runs above the US average of ~34%, pointing to a competitive rental market where vacancies clear quickly and rents are less negotiable.

Rent Trends

2-bedroom rents in Jonesboro, AR have risen by $39/month (3.8%) over the past year, from $1,040 to $1,079. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Jonesboro, AR without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $35,800. The local median household income of $55,478 exceeds that threshold by $19,678, making Jonesboro relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Jonesboro, AR is $226,988, giving a price-to-rent ratio of 17.5. With a break-even horizon of approximately 18 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.

Neighborhoods

Home values — and by extension rent levels — vary significantly across Jonesboro's neighborhoods. Among the highest-value areas are North Jonesboro ($98,160 median home value), Nettleton ($114,381 median home value), West End ($121,893 median home value). Rental prices typically follow home value patterns, with premium neighborhoods commanding higher rents than outer areas. Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.

Is Jonesboro, AR Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Jonesboro?

Break-even analysis and mortgage estimates based on local market data.

Living in Jonesboro

Cost of living, job market, crime rates, and moving cost estimates.