True Cost of Renting in Jonesboro, AR

Jonesboro is the regional hub of Northeast Arkansas — home to Arkansas State University (14,000 students), St. Bernards Healthcare, and a diverse manufacturing base including Unilever, Hytrol Conveyor, and other industrial employers. Located on the edge of the Mississippi Delta flatlands, it serves as the commercial center for an agricultural region.

Neighborhoods & Average Rents

Downtown Jonesboro / Main Street

Studio:
$800/mo
1 Bed:
$950/mo
2 Bed:
$1,300/mo

Revitalized downtown with walkable restaurants and arts venues; loft apartments in older buildings. Entergy Arkansas electric. Most walkable area in Jonesboro. ASU adjacent with bus access.

ASU Campus Area

Studio:
$750/mo
1 Bed:
$900/mo
2 Bed:
$1,200/mo

Student neighborhood; older apartments and house rentals at lower rents. August synchronized leases. Walking distance to Aggie football stadium. Lower rents reflect older housing stock.

West Jonesboro / Caraway Road

1 Bed:
$1,000/mo
2 Bed:
$1,400/mo

Suburban growth corridor west of downtown; newer apartment communities with amenities. Car-dependent. Good US-49 access. Closer to manufacturing employment corridor.

Utility Providers

Electric
Entergy Arkansas / City of Jonesboro Water & Light
Water
City of Jonesboro Water & Light
Internet
Comcast Xfinity, AT&T Internet, Brightspeed

Commute & Transportation

US-63 connects Jonesboro to Batesville (50 miles south) and I-55/Memphis (80 miles east). US-49 runs north-south. I-555 provides limited expressway access to I-40. ASU employs 2,000 non-student staff. St. Bernards Healthcare is the largest non-university employer. Memphis is the nearest major metro. Jonesboro Municipal Airport handles small charter aircraft.

Rental Market Overview

Jonesboro is one of Arkansas's most affordable rental markets — median 1BR runs $850–1,000/month. City of Jonesboro Water & Light provides competitive utility rates. ASU creates August-synchronized student demand. The manufacturing base (Unilever, Hytrol, and agricultural processing) creates stable blue-collar employment. Medical professionals at St. Bernards find Jonesboro's affordability compelling relative to larger metro alternatives.

Data last updated: 2026-04

Compare Apartments in Jonesboro

Enter your rental options below to see the true all-in monthly cost.

Renting in Jonesboro: Common Questions

What is the average rent in Jonesboro?
One-bedroom apartments in Jonesboro range from $900/month in ASU Campus Area to $1,000/month in West Jonesboro / Caraway Road. Two-bedroom units range from $1,200 to $1,400/month. These are base rents — add fees, utilities, and amenity costs to get the true all-in monthly cost.
What utilities do I need to set up in Jonesboro?
In Jonesboro, electricity is provided by Entergy Arkansas / City of Jonesboro Water & Light, water by City of Jonesboro Water & Light, and common internet providers include Comcast Xfinity, AT&T Internet, Brightspeed. Check whether your lease includes water or trash — some buildings bundle these into rent while others charge separately. Always ask the leasing office for the average monthly utility bill before signing.
What neighborhoods are affordable in Jonesboro?
ASU Campus Area is one of the most affordable neighborhoods in Jonesboro, with one-bedroom apartments averaging $900/month. Student neighborhood; older apartments and house rentals at lower rents. August synchronized leases. Walking distance to Aggie football stadium. Lower rents reflect older housing stock. Remember to factor in commute costs and parking fees when comparing neighborhoods — a cheaper base rent farther from work may cost more overall.
Is Jonesboro expensive to rent in?
Jonesboro is one of Arkansas's most affordable rental markets — median 1BR runs $850–1,000/month. City of Jonesboro Water & Light provides competitive utility rates. Use RentCompare to calculate the true all-in cost for any apartment in Jonesboro — base rent alone does not tell the full story.

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