Cities / Arkansas / Craighead County / Jonesboro
Jonesboro cityscape
City housing brief · Incorporated place

Jonesboro, AR

City evidence stays city-level. County, metro and national records appear separately to explain the wider market without changing the city figures.

City gross yield7.3%ZORI × 12 ÷ ZHVI · before costs
Direct city rent answer

What does rent cost in Jonesboro, AR?

The latest city-level Zillow ZORI for Jonesboro is $1,381 per month in 2026-06. It measures a typical asking-rent market across rental types—not an arithmetic average or an address-level rent estimate.

City Zillow ZORI$1,3812026-06 · up 3.0% year over year
City ACS gross rent$956ACS 2024 5-year occupied-renter survey
HUD two-bedroom context$1,040Craighead County administrative standard
How to read the rent answer for Jonesboro
MeasureCurrent valueGeographyMeasurement boundary
Zillow ZORI$1,381Jonesboro cityTypical observed asking-rent index; not a unit quote.
Census ACS gross rent$956Jonesboro citySurvey estimate for occupied renter homes, including specified utilities.
HUD 2BR FMR$1,040Craighead CountyAdministrative bedroom standard; wider context, never substituted as city rent.

For a property decision, match bedroom count, condition, utilities, concessions, lease timing and nearby comparable listings. Wider county and metro evidence below stays explicitly labelled.Zillow pulled 2026-07-29

City market snapshot

Four figures that frame the city

Typical home value
$228k
▲ 3.9% year over year
Zillow ZHVI · 2026-06
Observed market rent
$1,381
▲ 3.0% year over year
Zillow ZORI · 2026-06
Entry affordability
4.1x
home value ÷ household income
Zillow + Census ACS
Population
80,137
▲ 5.4% between ACS vintages
ACS 2024 5-year
Decision brief

What the city-level evidence says

01Decision frame

In Jonesboro, Zillow's typical city home value is $228,425.84 and typical observed market rent is $1,380.88 a month. Their implied gross yield is 7.25%, before every operating cost, financing and capital work. Zillow price equals 4.12x ACS median household income, while annual Zillow rent equals 29.90% of that income. These cross-source ratios frame city affordability and a pre-cost revenue baseline; they do not establish a property's net yield, borrower payment or future performance.

02Housing stock

City housing stock has a 45.72% renter share among occupied units and an 8.83% vacancy rate across all units. Those citywide shares frame tenure and slack but do not show whether a specific unit will lease. ACS reports an owner-reported median occupied-home value of $223,200 and median gross rent of $956, including contract rent plus selected utilities. These surveyed occupied-housing measures have a different concept and period from Zillow ZHVI and ZORI, so they should not be averaged or used interchangeably.

03City depth

Among city renters for whom burden is determined, 54.08% cross the ACS rent-burden threshold. Single-family homes comprise 68.26% of city housing stock, while large multifamily buildings comprise 4.45%. Of vacant city units, 16.80% are listed for rent; this reason share is survey context, not available investment inventory. The ACS population estimate changed from 76,036 to 80,137, a 5.39% change between overlapping ACS vintages; it is not annualized and could reflect boundary change. Median household income is $55,424, while poverty is 22.83% and unemployment 6.31%; these describe demand constraints without proving causation or tenant performance.

04Wider context

Craighead County context shows a median listing time of 55 days and 15.29% of active listings price-reduced, useful for resale-negotiation context but not city liquidity. The Jonesboro, AR metro had 1.00% year-over-year job growth and 3.4 months of housing supply, providing broader labor and resale-supply context; neither figure measures the city. The national Freddie Mac 30-year mortgage rate was 6.66%, a financing benchmark rather than a Jonesboro borrower quote.

05Limits & next checks

Main limitations are aggregation, source-period mismatch, survey error, Zillow's typical-value methodology, and omission of property expenses and financing. Before acting, verify the subject's purchase price, achievable lease terms, utility responsibility, taxes, insurance and climate exclusions, condition, deferred maintenance, capital plan, management and turnover costs, title and zoning, comparable leases and sales, and lender terms. Stress-test vacancy and repairs at the property level; citywide vacancy and renter shares cannot establish lease-up speed, and county, metro and national indicators cannot substitute for an inspection or local records.

Housing system

Market movement and the stock underneath it

Five-year path

Price and rent, rebased to 100

ZHVI +24.3%ZORI +25.5%
12511095202120222023202420252026
Each series starts at 100 so their direction can be compared without pretending that a home value and a monthly rent share the same unit.
Housing stock

Tenure and vacancy

ACS
45.7%RENTER
Owner occupied54.3%
Renter occupied45.7%
Vacant units8.8%

Median structure year 1991

Tenure uses occupied units; vacancy uses all housing units.
Measurement matrix

Two sources, two different questions

SourceHome valueMonthly rent
Zillow market index$228.4K$1.4K
ACS occupied housing$223.2K$956
Zillow measures current market indexes. ACS reports surveyed owner value and gross rent for occupied housing. The rows are context, not interchangeable estimates.
Direct city depth

Households and housing form behind the medians

Median household income$55k

Annual ACS household measure.

Rent-to-income screen29.9%

Annual ZORI divided by ACS median income.

ACS rent burden54.1%

Renters paying at least 30% of household income toward gross rent.

Average household size2.41

People per occupied housing unit.

Single-family stock68.3%

Detached and attached one-unit structures.

Large multifamily stock4.5%

Housing in structures with 20 or more units.

Vacant and for rent16.8%

Share of vacant units listed by ACS as for rent, not a market vacancy rate.

Unemployment6.3%

Share of the civilian labor force.

Poverty22.8%

ACS population for whom poverty status is determined.

These are citywide context measures. They cannot tell you the rent, vacancy, expenses or tenant demand for a particular neighborhood or property.
Closest market alternatives

Three useful contrasts, not a synthetic winner

The peer set broadens the decision without mixing geographies. Price, rent and housing characteristics remain city-level for every place.

Comparable market profile

Entry price, rent and gross yield

Jonesboro, ARConway, ARFort Smith, ARMission, TX
Typical home valueZillow ZHVIJonesboro$228.4KConway$252.3KFort Smith$197.5KMission$221.1KObserved market rentZillow ZORI / monthJonesboro$1.4KConway$1.4KFort Smith$1.1KMission$1.3KGross yieldZORI × 12 ÷ ZHVIJonesboro7.3%Conway6.8%Fort Smith6.5%Mission7.3%
Bars begin at zero within each measure. Gross yield is a screening ratio before financing, taxes, insurance, vacancy, maintenance or management costs.
Same state01

Conway, AR

Compared with Jonesboro, typical home value is $24k higher, monthly rent is $50 higher, and gross yield is 0.4 percentage points lower.

Rent burden 30%+
46.9%
Renter share
54.6%
One-unit stock
57.8%
20+ unit stock
5.5%
Same state02

Fort Smith, AR

Compared with Jonesboro, typical home value is $31k lower, monthly rent is $310 lower, and gross yield is 0.7 percentage points lower.

Rent burden 30%+
42.1%
Renter share
46.6%
One-unit stock
69.6%
20+ unit stock
6.6%
Closest data profile03

Mission, TX

Compared with Jonesboro, typical home value is $7k lower, monthly rent is $40 lower, and gross yield is 0.0 percentage points higher.

Rent burden 30%+
44.9%
Renter share
28.6%
One-unit stock
70.0%
20+ unit stock
2.6%

These are analytical alternatives, not recommendations. The structural measures come from Census ACS; price and rent use the Zillow releases shown on each card and in the source ledger below.

Wider market context

What surrounds the city without being mistaken for it

The layers below answer different questions. County records describe listing, migration, financing and hazard conditions around the city; metro records describe jobs, supply and permits; the mortgage rate is national.

Same measure, wider boundary

City marker against intersecting counties

CityCounty range
Typical home value$220.1K$220.1K$228.4KObserved market rent$1.4K$1.4K$1.4K
Both levels use Zillow indexes, but the county records cover land and housing outside the city. The comparison supplies context; it does not replace the city value.
Same Zillow index families

City limits versus the linked metro

JonesboroMetro
Observed market rentMetro $1.4KCity $1.4K · +0.4%Typical home valueMetro $206.7KCity $228.4K · +10.5%Gross yieldMetro 8.0%City 7.3% · -9.1%
Zillow ZORI and ZHVI use the same release month at both boundaries. Gross yield is rent × 12 ÷ home value; the metro contains the city and is context, not a substitute.

Search all direct city–metro gaps in the interactive atlas.

COUNTY LAYER

The intersecting county

This boundary extends beyond the city and is shown only as context.

2026-06
Active listings
456
Listing DOM
55 days
FHFA one-year
▲ 2.9%
Net migration
220
Investor share
24.7%
Effective property tax
0.53%
Top hazard
earthquake
Expected loss ratio
0.20%
METRO LAYER

Jonesboro, AR

Open metro analysis →
Job growth▲ 1.0%12m to 2026-06
Permitted units9862026 YTD through M06
Permits / 1,0007.3broader metro population
Months of supply3.42026-05-01
Median DOM66 daysRedfin metro tracker
Price drops28.5%Redfin metro tracker
Wider-context figures are not inputs to the city gross yield and are never used to fill a missing city price, rent or ACS measure.
What can break the thesis

Three checks before using the city averages

  1. 01

    Gross yield omits operating costs, financing and capital work, so net returns could differ materially.

  2. 02

    Citywide vacancy combines multiple vacancy reasons and cannot establish lease-up speed for a subject property.

  3. 03

    ACS and Zillow use different concepts and periods, creating basis risk if their values or rents are treated as interchangeable.

Questions answered

Quick reading guide

Does the Zillow gross yield equal expected net return?

No. It is annual Zillow ZORI divided by Zillow ZHVI before every operating cost, financing and capital work.

Can ACS median gross rent validate a property's asking rent?

No. It describes surveyed occupied rentals and includes selected utilities; validate the subject with comparable leases and its utility terms.

What wider evidence matters for underwriting?

County listing conditions, metro jobs and supply, and the national mortgage rate provide context, but none measures the city property; confirm local records and lender terms.

Sources and geography

What belongs to this city page

Census recognizes this as Jonesboro city. The place intersects Craighead County.