Jonesboro, AR Rental Market
Jonesboro is northeast Arkansas's largest city and the regional economic hub for a broad agricultural and manufacturing catchment area. Arkansas State University, with over 13,000 students, anchors consistent student rental demand and supports a healthcare and education professional community. The city's St. Bernards Healthcare system, manufacturing base, and role as a regional retail and services center for the Arkansas Delta create a diverse and stable tenant profile at highly accessible price points.
Get a rent estimate for an address in JonesboroAverage Rent in Jonesboro, AR
$950
per month · 2026-06
Market Score
Key Facts — Jonesboro, AR Rental Market
- Average rent in Jonesboro, AR:$950/mo
- Median rent:$874/mo
- Rent range:$475 – $2,100/mo
- Most common rental (2 bedrooms):$850/mo
- Active listings:380
- Avg days to lease:36 days
- Year-over-year change:+2.8%
- Median home value:$165,000
- Est. gross annual yield:6.9%
- Data as of:2026-06
Rent by Bedroom in Jonesboro, AR
Average monthly rent for each bedroom type based on current active listings in Jonesboro.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $675/mo |
2 Bedrooms | $850/mo |
3 Bedrooms | $1,075/mo |
4 Bedrooms | $1,300/mo |
5 Bedrooms | $1,500/mo |
Jonesboro Rental Market Statistics
Key indicators from the current Jonesboro, AR rental market.
380
Available now in Jonesboro
36
From list to lease
$0.76
Average across listings
1,250 sq ft
Typical rental size
$475 – $2,100
Min to max active listings
+2.8%
Avg rent vs. prior year
Investing in Jonesboro, AR Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$165,000
Typical purchase price in Jonesboro
Est. Gross Annual Yield
6.9%
Before expenses & vacancy
Avg Monthly Income
$950
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Jonesboro for a full cash-flow breakdown including all costs.
Jonesboro, AR Rental Market FAQ
Common questions about renting and investing in Jonesboro, AR.
What is the average rent in Jonesboro, AR?
The average rent in Jonesboro, AR is $950 per month as of 2026. One-bedroom apartments average $675/mo, two-bedrooms average $850/mo, and three-bedroom homes average $1,075/mo. Areas near Arkansas State University and the St. Bernards Healthcare campus see the most consistent demand, while newer residential developments on the southwest side attract family renters.
Is Jonesboro, AR a good place to invest in rental property?
Jonesboro offers a 6.9% estimated gross annual yield with median home values near $165,000 — among the lowest entry points in our Arkansas coverage. Arkansas State University's 13,000+ students provide a reliable rental base, and the broader healthcare and manufacturing economy adds stability. Steady 2.8% year-over-year rent growth makes it a reliable cash-flow market for patient investors.
How competitive is the Jonesboro, AR rental market?
Jonesboro has approximately 380 active listings with an average of 36 days on market — a measured pace typical of a regional university city. Demand concentrates near the ASU campus during the academic year and near the healthcare corridor year-round. Pricing near Arkansas State BAH rates for the Arkansas National Guard presence in the region can help minimize vacancy between student lease cycles.
Ready to Analyze a Property in Jonesboro?
Get an instant rent estimate, cash-flow projection, and comparable rentals for any address in Jonesboro, AR.
Analyze Now — It's Free