The Raphael- Beautifully Renovated!
500 N Caraway Rd,
Jonesboro, AR 72401
$999 - $1,099 | 2-3 Beds
Jonesboro
Jonesboro, AR
Area Guide
College-town life and suburban comfort thrive side-by-side in one of Arkansas’s finest cities.
College
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Affordable
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Airport
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Golf
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Parks
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Sports
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Stadium
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Jonesboro is a fairly small city along Interstate 555 in the northeast corner of Arkansas. People generally know Jonesboro as the home of Arkansas State University, which serves as the cultural hub for the community. In addition to the 15,000 students enrolled at the university, folks around town regularly attend events on campus, from exhibits at the Bradbury Art Museum to symphony concerts and theater productions at the Fowler Center to Red Wolves football games at Centennial Bank Stadium. Just a few blocks west of campus, downtown Jonesboro is a modest yet attractive walking district full of historic architecture and charming storefront businesses. Craighead Forest Park on the south side provides a relaxing lake and wooded area perfect for spending a lazy weekend day or going for an invigorating run through the trails. Memphis is just an hour down the road, making it easy to take a weekend getaway to the big city.
Rent Trends
As of March 2025, the average apartment rent in Jonesboro, AR is $557 for a studio, $895 for one bedroom, $979 for two bedrooms, and $1,136 for three bedrooms. Apartment rent in Jonesboro has increased by 1.8% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$895/month
616 Sq Ft
House
$1,243/month
934 Sq Ft
Cost of Living
The cost of living in Jonesboro, AR is 16.6% lower than the national average. Generally, housing in Jonesboro is 37.6% less expensive than the national average, with rent falling between $557 - $1,136. You can expect to pay 5.6% less for groceries, 7.4% less for utilities, and 12.6% less for transportation.
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Transportation
36
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
36
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
Schools
Valley View Intermediate School
Public
Grades 3-6
893 Students
8
Public
Grades 5-7
391 Students
7
Public
Grades PK-4
759 Students
6
Visual & Performing Art Magnet
Public
Grades K-6
736 Students
5
Public
Grades 1-6
642 Students
5
Valley View Junior High School
Public
Grades 7-9
712 Students
8
Public
Grades 5-7
391 Students
7
Public
Grades 8-12
674 Students
5
Public
Grades 7-8
546 Students
5
Douglas Macarthur Junior High School
Public
Grades 7-9
732 Students
4
Public
Grades 10-12
631 Students
7
Public
Grades 8-12
674 Students
5
Public
Grades 9-12
981 Students
3
The Academies at Jonesboro High School
Public
Grades 9-12
1,394 Students
Rating Unavailable
School data provided by
GreatSchools
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
Points of Interest
Shopping Centers
Parks and Recreation
- Crowley's Ridge Nature Center
Commuter Rail
Military Bases
Colleges
Top Apartments in Jonesboro
Houses for Rent in Jonesboro
Property Management Companies in Jonesboro, AR
Lindsey Management Co, Inc
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76
Communities
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34,544
Units
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34
Cities
3 Communities in Jonesboro
CLK Properties
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59
Communities
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17,460
Units
-
33
Cities
2 Communities in Jonesboro
First Capital Residential, Inc
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13
Communities
-
2,089
Units
-
7
Cities
2 Communities in Jonesboro
BEZTAK Properties
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108
Communities
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24,666
Units
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61
Cities
1 Community in Jonesboro
DLP Capital
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24
Communities
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5,720
Units
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21
Cities
1 Community in Jonesboro
Wogan Group
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23
Communities
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2,694
Units
-
6
Cities
1 Community in Jonesboro
Living in Jonesboro
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.