ZIP Code · AR

ZIP 72401

Pop. 42,602·Craighead County·56th most expensive ZIP in Arkansas
Median rent (all units)
$1,057/mo
Year-over-Year
+4.5%
Month-over-Month
+0.6%
vs US Median
-$875
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 72401 · $1,057
More affordable than 97% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$770
1 BR
$840
2 BR
$1,000
3 BR
$1,350
4 BR+
$1,420
Research median
$1,000/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

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 ZIP 72401 usually run 0.8% below trend in January and 1.1% above it in July, about $20 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 72401 is at its highest level since Zillow's records here began in October 2021.

Past year vs. the rest of Arkansas

Rent in ZIP 72401 changed +4.5% over the year to September 2026. Across the 44 Arkansas ZIP codes Zillow tracks, the typical change was +2.4%.

Recent direction

Rent has risen 5 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($45,329) is $1,133 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,000); a 3-bedroom is $1,350.

Rank in Jonesboro

1st cheapest of 3 ZIP codes in Jonesboro.

From Zillow's monthly rent index (ZORI) for ZIP 72401. 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
$12,684/yr
At $1,057/mo median
Location
StateAR
CountyCraighead County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.5% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 72401 (Jonesboro, AR) is roughly split between renters and owners, has a large share of families with children, has a median income below the national average, 24% of residents hold a bachelor's degree or higher.

Population
42,602
Median income
$45,329
Median age
33.6
Renters
51.1%
Age distribution
25.9%
26.1%
23.1%
14.1%
Under 1825.9%
18–3426.1%
35–5423.1%
55–6410.9%
65+14.1%
Gender
47.4%
52.6%
Male47.4%
Female52.6%
Race & ethnicity
59.6%
26.8%
White59.6%
Black26.8%
Hispanic9.4%
Asian0.9%
Other3.3%
Education (25+)
33.2%
31.7%
24%
No HS diploma11.1%
HS diploma33.2%
Some college31.7%
Bachelor's+24%
Housing tenure
48.9%
51.1%
Owner48.9%
Renter51.1%

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

2022 vs 2026

How ZIP 72401 in Jonesboro, AR has changed in 5 years

Rent
$840 → $1,057
up 25.8%
Income
$40,461 → $45,329
up 12.0%
Population
41,354 → 42,602
up 3.0%
Renter share
53.8% → 51.1%
-2.7 pts
Bachelor's+
23.4% → 24%
+0.6 pts
Median age
34.7 → 33.6
-1.1 yrs

Since 2022, the typical rent in ZIP 72401 in Jonesboro, AR has climbed from $840 to $1,057, a 25.8% change over five years. On the earnings side, the typical household in ZIP 72401 in Jonesboro, AR now reports about $45,329, up from $40,461 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 3.0% since 2021, moving from about 41,354 residents to roughly 42,602. Renters now make up 51.1% of households, compared with 53.8% five years ago. For context, the 2022 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 72401 in Jonesboro, AR reflects that arc in its own way.

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About renting in ZIP 72401

Last updated: October 17, 2026

ZIP code 72401 covers Jonesboro, AR. The median rent here is $1,057/mo as of October 2026. A 1-bedroom rents for a median of $840/mo. A 2-bedroom rents for a median of $1,000/mo.

At 28% of local median household income ($45,329/yr), ZIP 72401 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 72401?

To keep rent at or below 30% of gross income, you would need to earn at least $42,000/year (about $20/hour full-time) to afford the median rent of $1,057/mo in ZIP 72401. The local median household income is $45,329/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 72401?

Rent in ZIP 72401 has risen 4.5% over the past year as of September 2026. That is the highest level since Zillow's records here began in October 2021.

When is the cheapest time to rent in ZIP 72401?

Asking rents in ZIP 72401 are usually lowest in January, about 0.8% below their yearly trend, and highest in July, about 1.1% above it. At today's median that is a gap of roughly $20 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 72401 compare to other ZIPs in Arkansas?

ZIP 72401 is one of the more affordable among Arkansas ZIP codes for rent, ranking #56 of 61 at $1,057/mo. Over the year to September 2026, rent in ZIP 72401 changed +4.5%, against a typical +2.4% across the 44 Arkansas ZIP codes Zillow tracks.

How does ZIP 72401 compare to the rest of Jonesboro?

At $1,057/mo, ZIP 72401 is $186 below the Jonesboro citywide median of $1,243/mo. It is the 1st cheapest of 3 ZIP codes in Jonesboro.
Income Affordability
28%
AFFORDABLE

At $1,057/mo, rent takes ~28% of ZIP 72401's median household income ($45,329/yr). The standard benchmark is 30%.

ZIP 72401 28%Benchmark 30%
State income tax3.9%
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Schools nearby

Public schools near ZIP 72401 (Jonesboro, AR)

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