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City · 80,137 residents · Craighead County, Arkansas

Jonesboro , Arkansas

In Jonesboro, a typical home is worth $223,200 and typical rent is $956 a month. Compared with all of Craighead County, typical household income is 7% lower, the typical home value is 6% higher, and the share of households that own their home is 6 points lower.

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  • Typical home value

    $223,200

    6% above the county

    19% above Arkansas

    • Jonesboro
    • Craighead
    • Arkansas

  • Typical rent

    $956a month

    About the same as the county

    About the same as Arkansas

    • Jonesboro
    • Craighead
    • Arkansas

  • Typical household income

    $55,424a year

    7% below the county

    9% below Arkansas

    • Jonesboro
    • Craighead
    • Arkansas

  • Households that own their home

    54%

    6 points below the county

    12 points below Arkansas

    • Jonesboro
    • Craighead
    • Arkansas

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$226,988
3.7% more than 12 months ago
Typical rent
$1,243 a month
3% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Jonesboro is in Craighead County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Craighead County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Jonesboro apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Trumann, the typical home value is $112,300: 50% less than in Jonesboro ($223,200).

  2. Nearby, in Trumann, the typical rent is $586: 39% less than in Jonesboro ($956).

  3. 54% of households in Jonesboro own their home, against 60% in Craighead County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Jonesboro

What homes there are in Jonesboro, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In Jonesboro, 7 in 10 homes are single-family detached houses, about the same as in Craighead County.

Year built

The typical year built in Jonesboro is 1991, about the same as in Craighead County (1992).

In Jonesboro, 13% of homes have 1 bedroom or none (studios); 63% have 3 bedrooms or more, against 67% in Craighead County.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

About 92% of owner-occupied homes in Jonesboro are worth less than the FHA loan limit for Craighead County ($541,287).

Monthly rent with utilities

About 61% of rented homes in Jonesboro cost less than HUD's 2-bedroom fair market rent for Craighead County ($1,079); the rest cost more.

With a mortgage

$1,453 a month

Craighead County: $1,368 a month

Without a mortgage

$437 a month

Craighead County: $438 a month

Owners with a mortgage

58%

Craighead County: 58%

Owning costs more in Jonesboro: with a mortgage, the typical cost is $1,453 a month; in Craighead County, $1,368. Without one, $437.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Homes in Jonesboro gained value more slowly than in Craighead County: 46% since 2015–2019, against 50%.

Rents in Jonesboro rose at about the same pace as in Craighead County: 25% since 2015–2019, against 27%.

Here income did not keep up with housing: it rose 21%, while home values changed +46% and rent +25%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureJonesboroCraighead CountyArkansasUnited States
Rental vacancy Unreliable estimate4.4%6.4%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate1.1%0.9%
More than one person per room 2.8%2.4%2.7%3.4%
People per household 2.412.472.462.53
Drive alone 80%82%79%69%
Carpool 10%10%9%9%
Public transit Unreliable estimateUnreliable estimate0%3%
Walk or bike 2%1%2%3%
Work from home 8%7%9%15%
Other means Unreliable estimate1%1%2%
Typical commute 10 to 19 minutes10 to 19 minutes10 to 19 minutes20 to 29 minutes

Much as in Craighead County, 2.8% of households in Jonesboro have more than one person per room.

By size, households in Jonesboro look like those in Craighead County: 2.41 people on average.

In Jonesboro, 80% of workers drive alone to work; in Craighead County, 82%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Jonesboro?

A typical home costs more than the typical income allows

We start with a typical home in Jonesboro, worth $223,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 39% of the typical household income in Jonesboro, which is $55,424 a year. For that payment to be 28% of income, a household would need to earn about $76,308 a year.

The calculator's FHA and conventional loan limits are those of all of Craighead County.

Your numbers

Local data
$

Starts at the typical home value in Jonesboro. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $7,812 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$1,781

at 7.18% · 30 years

Loan amount
$219,157
Total interest
$315,316
Paid off in
November 2056

Includes $3,769 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,293 a month

  • Tight

    $1,293 to $1,663 a month

  • Hard

    more than $1,663 a month

    Your payment · 39%

Compared with the typical household income in Jonesboro ($55,424 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,781
Principal & interest$1,485
Property tax$104
Home insurance$93
FHA mortgage insurance (MIP)$99

You need at least $7,812 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Jonesboro and Craighead County

Jonesboro is in Craighead County, Arkansas. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Jonesboro's own numbers

Typical home value
$223,200
Typical monthly rent
$956
Typical yearly household income
$55,424
Households that own their home
54%
Effective property tax rate
0.56%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Craighead County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,079
Price change over 5 years (FHFA)
+39%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Craighead County.

Everything about Craighead County

Buying

Buying a home in Jonesboro

A typical home in Jonesboro is worth $223,200: 6% above the county and 19% above Arkansas. With the typical household income in Jonesboro ($55,424 a year), a typical home costs 4.0 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Jonesboro 4.0 years
  • Craighead 3.5 years
  • Arkansas 3.1 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Craighead County

According to FHFA’s house price index, home prices in Craighead County rose 60% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Craighead County.

Period County Arkansas U.S.
Last year (2025) +2.9% +3.4% +2.9%
5 years (2020–2025) +39% +52% +47%
10 years (2015–2025) +60% +79% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Jonesboro next to Craighead County, Arkansas and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Jonesboro $223,200
  • Craighead $210,400
  • Arkansas $188,000
  • United States $332,700
Typical monthly rent
  • Jonesboro $956
  • Craighead $958
  • Arkansas $947
  • United States $1,413
Typical yearly household income
  • Jonesboro $55,424
  • Craighead $59,548
  • Arkansas $60,773
  • United States $80,734
See the full table
Jonesboro next to Craighead County and Arkansas
Measure Jonesboro Craighead County Arkansas U.S.
Typical home value $223,200 $210,400 $188,000 $332,700
Typical monthly rent $956 $958 $947 $1,413
Typical yearly household income $55,424 $59,548 $60,773 $80,734
Households that own their home 54% 60% 66% 65%
Typical yearly property tax $1,239 $1,125 $1,040 $3,119
Effective property tax rate 0.56% 0.53% 0.55% 0.94%
Renters with high rent for their income 54% 51% 45% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Craighead County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Jonesboro

For a typical $223,200 home in Jonesboro, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Jonesboro's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,781a month

    Least cash to close
    Down payment
    $7,812
    Cash to close
    $14,508
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $99

  • Conventional, 5% down $1,740a month

    Down payment
    $11,160
    Cash to close
    $17,856
    Rate
    7.18%
    Mortgage insurance
    PMI · $106

  • Conventional, 20% down, no PMI $1,407a month

    Down payment
    $44,640
    Cash to close
    $51,336
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,613a month

    Down payment
    $33,480
    Cash to close
    $40,176
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Jonesboro and for Craighead County.

Property tax

Effective rate in Jonesboro

0.56%of the home’s value each year

$1,239 a year for the typical owner in Jonesboro.

  • Jonesboro 0.56%
  • Craighead 0.53%
  • Arkansas 0.55%

What Arkansas publishes Homestead property tax credit (Arkansas General Assembly (Act 174 of the 2026 Fiscal Session))

Exemptions and deadlines in Arkansas

Flood risk in Craighead County

FEMA does not publish these numbers by city: they are for all of Craighead County.

FEMA’s maps count no homes in the high-risk zone in Craighead County. That does not mean it cannot flood: check your address.

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Jonesboro

Typical rent in Jonesboro is $956 a month: about the same as the county. In Jonesboro, 54% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Craighead County, by unit size. To pay the 2-bedroom one ($1,079 a month) without spending more than 30% of your income, you would need to earn $20.75 an hour working full time.

HUD fair market rent for all of Craighead County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $889 $17.10 $35,560
1 bedroom $895 $17.21 $35,800
2 bedrooms $1,079 $20.75 $43,160
3 bedrooms $1,418 $27.27 $56,720
4 bedrooms $1,424 $27.38 $56,960

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Jonesboro

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Jonesboro has 3 ZIP codes with their own.

For 2 bedrooms it runs from $1,040 in 72401 to $1,090 in 72404.

1 of the 3 is above the fair market rent for Craighead County ($1,079).

  • 72401 $1,040$1,370
  • 72404 $1,090$1,430
  • 72467 $1,070$1,410

2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Jonesboro when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Jonesboro

HUD lists 27 buildings with rents for lower incomes in Jonesboro. These are the largest.

  • Cayman Villa/Woodland Courts 500 E Cherry Ave, Jonesboro 72401 155 homes, 151 low-income · Run by Jonesboro Urban Renewal HA · Average payment: $322 a month · Average wait: 14 months (870) 935-9800
  • Jonesboro Sunset Gardens 2501 Ecumenical Dr, Jonesboro 72401 70 homes, 69 low-income · Studio: 16 · 1 bd: 54 · In service since 2013
  • Jonesboro Sunset Gardens 2517 Ecumenical Dr, Jonesboro 72401 70 homes, 69 low-income · For older adults (870) 935-9800
  • Walker Courts South 1129 Walker Pl, Jonesboro 72401 64 low-income homes · For families (870) 935-0832
  • Walker Courts South Apartmetns 1129 Walker Pl, Jonesboro 72401 64 low-income homes · 1 bd: 64 · In service since 2016 · For families

See all 35 buildings in Craighead County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Jonesboro

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Craighead County. The nearest ones are below; many serve by phone or online.

Two women and a girl laugh together at the bus stop.

HUD counseling is free or low-cost

Assistance programs in Jonesboro

No down payment, repair or rent-help program on our list is for Jonesboro or Craighead County. The ones below are statewide in Arkansas: they work in Jonesboro the same as in the rest of the state.

Which programs do I qualify for? All programs in Arkansas

  • ADFA Down Payment Assistance Loan Program

    Statewide in Arkansas

    Arkansas state authority second mortgage of $1,000 to $15,000 for the down payment and closing costs, over 10 years and at the same rate as the ADFA first mortgage (Move-Up or StartSmart). Offered by Arkansas Development Finance Authority (ADFA).

    Repayable

    See the program Official page

Housing counselors near Jonesboro

The HUD-approved agencies closest to the center of Jonesboro, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Southern Bancorp Community Partners

    326 Highway 463 N, Trumann · 13 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    (870) 816-1126

  • Mississippi County, Arkansas Economic Opportunity Commission, Inc.

    1400 North Division Street, Blytheville · 43 miles away · Spanish

    Also serves in American Sign Language (ASL).

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 8 more
    870-776-1054-1032

  • Southern Bancorp Community Partners

    425 Plaza, West Helena · 88 miles away

    Also serves in other languages.

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    (870) 816-1126

All counseling agencies in Arkansas

Help in Spanish near Jonesboro

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Jonesboro

HUD’s record names them for Jonesboro or Craighead County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Jonesboro Urban Renewal HA Public housing and Section 8 vouchers (870) 935-9800

3 other authorities have an office in Craighead County: see the list Source: HUD

Cities

Nearby cities

The cities closest to Jonesboro, with the typical home value.

Everything about Craighead County Housing in Arkansas

Neighboring counties

If Craighead County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Jonesboro.

All guides
A mother holds hands with her two daughters on the beach at sunset.

Questions

Housing questions about Jonesboro

Short answers with the numbers for Jonesboro and all of Craighead County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Jonesboro?

The typical home value in Jonesboro is $223,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Craighead County it is $210,400.

How much does it cost to rent in Jonesboro?

Typical rent in Jonesboro is $956 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Craighead County is $1,079.

What is the FHA loan limit in Jonesboro?

Jonesboro uses the FHA limit for all of Craighead County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Jonesboro?

The typical homeowner in Jonesboro pays $1,239 a year, according to the U.S. Census Bureau. That is 0.56% of the home’s value; in Craighead County, the rate is 0.53%.

Where can I find free help to buy or rent in Jonesboro?

We found no HUD-approved counseling agencies with an office in Craighead County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).