City Report · AR

Jonesboro

Pop. 80,137·19th most expensive in Arkansas·One of the most affordable rental markets in the US
Median rent (all units)
$1,243/mo
Year-over-Year
+2.9%
Month-over-Month
+0.2%
vs US Median
-$689
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Jonesboro · $1,243
More affordable than 91% of US cities · National median $1,932/mo
Rent Reality Score
51/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Jonesboro's 10-year trend predicts.

Actual rent
$1,243/mo
Expected by trend
$1,249/mo
The Rent Reality Score compares today's median rent to where Jonesboro's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$737
1 BR
$857
2 BR
$1,027
3 BR
$1,377
4 BR+
$1,610
Fair Market Rent (HUD)
$1,027/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,243 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in Jonesboro usually run 0.8% below trend in January and 0.9% above it in July, about $21 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in Jonesboro is at its highest level since Zillow's records here began in March 2016.

Past year vs. the rest of Arkansas

Rent in Jonesboro changed +2.9% over the year to September 2026. Across the 24 Arkansas cities Zillow tracks, the typical change was +2.7%.

Rent vs. income since 2019

From 2019 to 2024, rent in Jonesboro rose 29.2% while median household income rose 20.7% ($45,931 to $55,424). Rent outpaced income.

Since before the pandemic

Rent in Jonesboro is 35.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 6 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($55,424) is $1,386 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,377); a 4-bedroom is $1,610.

Spread across ZIP codes

The priciest of 3 ZIP codes in Jonesboro, 72404 ($1,553/mo), costs 1.5 times the cheapest, 72401 ($1,057/mo).

Cheaper nearby

Paragould, 19 miles away, rents for 14% less ($1,074/mo), about $2,000 a year in savings.

From Zillow's monthly rent index (ZORI) for Jonesboro. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$14,916/yr
At $1,243/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.9% YoY, +0.2% MoM), not inventory.
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Demographics

Who lives here

Jonesboro, AR is roughly split between renters and owners, has a median income below the national average, 31.8% of residents hold a bachelor's degree or higher.

Population
80,137
Median income
$55,424
Median age
33.9
Renters
45.7%
Age distribution
24%
27.5%
24.5%
14.2%
Under 1824%
18–3427.5%
35–5424.5%
55–649.8%
65+14.2%
Gender
48.5%
51.5%
Male48.5%
Female51.5%
Race & ethnicity
64.2%
22.8%
White64.2%
Black22.8%
Hispanic7.5%
Asian1.6%
Other3.9%
Education (25+)
28.4%
30.6%
31.8%
No HS diploma9.2%
HS diploma28.4%
Some college30.6%
Bachelor's+31.8%
Housing tenure
54.3%
45.7%
Owner54.3%
Renter45.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Jonesboro, AR has changed in 5 years

Rent
$973 → $1,243
up 27.7%
Income
$48,901 → $55,424
up 13.3%
Population
77,520 → 80,137
up 3.4%
Renter share
47.3% → 45.7%
-1.6 pts
Bachelor's+
31.8% → 31.8%
+0.0 pts

Compared with 2021, rent in Jonesboro, AR has climbed by $270 per month, settling near $1,243 after starting the period at $973. On the earnings side, the typical household in Jonesboro, AR now reports about $55,424, up from $48,901 in 2021. Rent outpaced income growth by roughly 14.4 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 77,520 to 80,137 between 2021 and 2024, a 3.4% change. About 45.7% of households rent today, against 47.3% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Jonesboro, AR reflects that arc in its own way.

Community

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View Jonesboro rent history (2015–2026) →
Salary vs rent

Can you afford rent in Jonesboro on your salary?

At $1,243/mo, how Jonesboro rent compares to typical pay (30% rule).

By apartment size

Jonesboro rent by bedroom count

Median rent for each apartment size in Jonesboro. Click any size for full breakdown.

Local insights

Tips for renters in Jonesboro

About renting in Jonesboro, AR

Last updated: October 17, 2026

The median rent in Jonesboro is $1,243/mo as of October 2026. A studio apartment averages $737/mo while a 2-bedroom runs $1,027/mo. One-bedroom apartments average $857/mo and 3-bedroom units go for $1,377/mo.

At 27% of local median household income ($55,424/yr), Jonesboro ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Jonesboro?

To keep rent at or below 30% of gross income, you would need to earn at least $50,000/year (about $24/hour full-time) to afford the median rent of $1,243/mo in Jonesboro. The local median household income is $55,424/yr, so the typical household meets that bar.

Is rent going up or down in Jonesboro?

Rent in Jonesboro has risen 2.9% over the past year as of September 2026. That is the highest level since Zillow's records here began in March 2016.

When is the cheapest time to rent in Jonesboro?

Asking rents in Jonesboro are usually lowest in January, about 0.8% below their yearly trend, and highest in July, about 0.9% above it. At today's median that is a gap of roughly $21 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in Jonesboro?

Yes. From 2019 to 2024, rent in Jonesboro rose 29.2% while median household income rose 20.7%, from $45,931 to $55,424. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which Jonesboro neighborhoods have the lowest rent?

The most affordable ZIP codes in Jonesboro are 72401 ($1,057/mo), 72405 ($1,530/mo), and 72404 ($1,553/mo). Citywide, the median rent is $1,243/mo.

How does Jonesboro rent compare to other cities in Arkansas?

Jonesboro is in the middle among Arkansas cities for rent, ranking #19 of 34 tracked cities at $1,243/mo. Over the year to September 2026, rent in Jonesboro changed +2.9%, against a typical +2.7% across the 24 Arkansas cities Zillow tracks.

Which nearby cities are cheaper to rent in than Jonesboro?

Nearby cities with lower median rent than Jonesboro ($1,243/mo) include Batesville ($885/mo), and Paragould ($1,074/mo).
Income Affordability
27%
AFFORDABLE

At $1,243/mo, rent takes ~27% of Jonesboro's median household income ($55,424/yr). The standard benchmark is 30%.

Jonesboro 27%Benchmark 30%
State income tax3.9%
Run the Jonesboro affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Jonesboro, AR

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