The Raphael- Beautifully Renovated!
500 N Caraway Rd,
Jonesboro, AR 72401
2-3 Beds | $999 - $1,099
Rental Market Trends in Jonesboro, AR
What is the average rent in Jonesboro, AR?
$887/month
Average Rent
616 Sq Ft
Average Apartment Size
+1%
Increase in the Last Year
As of February 2025, the average rent in Jonesboro, AR is $887 per month. This is 43% lower than the national average rent of $1,557/month, making renting in Jonesboro more affordable than most cities in the US. When you rent an apartment in Jonesboro, you can expect to pay about $557 per month for a studio, $887 for a one-bedroom apartment, and around $959 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,122 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Jonesboro, AR?
In the past year, rent has increased by 1%, which averages out to $9 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated February 2025
Legend
2024
2025
Rent Ranges in Jonesboro, AR
Last Updated February 2025
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
21%
Below $700/month
51%
$700 - $1,000/month
26%
$1,001 - $1,500/month
2%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Jonesboro?
Based on current rent prices, Arkansas North Area and Downtown Jonesboro" are the most affordable neighborhoods in Jonesboro.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Jonesboro?
Based on current rent prices, Downtown Jonesboro and Arkansas North Area" are the most expensive neighborhoods in Jonesboro.
Neighborhood
Average Rent
Average Sq Ft
Which Jonesboro neighborhoods have the most rentals available?
The neighborhoods in Jonesboro with the most apartments available are Arkansas North Area and Downtown Jonesboro" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Jonesboro, AR?
Because the average rent in Jonesboro is $887, you’ll want to make about $2,956 per month or $35,472 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
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 - $1,122. You can expect to pay 5.6% less for groceries, 7.4% less for utilities, and 12.6% less for transportation.
How does Jonesboro, AR compare to other nearby cities and neighborhoods?
Use the tool below to compare Jonesboro, AR to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$626/month
$557/month
One Bedroom
$773/month
$924/month
Two Bedroom
$887/month
$963/month
Three Bedroom
$963/month
$1,254/month
Nearby City Rent Trends
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Methodology
† 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.
* Percentages may not total 100 due to rounding.