Cheap Apartments for Rent in Jonesboro, AR from $400 (56 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Jonesboro.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

close
View Me
Caraway Commons
Rent Specials
$850 - $1,150
Total Monthly Price

Total Monthly Price

Base Rent
$850 - $1,150

Total Monthly Price
$850 - $1,150
1 to 3 Bedroom Apartments Available Now

Caraway Commons

3308 Caraway Commons DrJonesboro, AR 72404
  • Verified
  • Customer Reviewed
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

close
View Me
Jonesboro Apartments
1 to 2 Bedroom Apartments

Jonesboro Apartments

1009 Flint StJonesboro, AR 72401
  • Utilities Included
close
View Me
Ridge at Jonesboro
1 to 3 Bedroom Apartments

Ridge at Jonesboro

1001 N Patrick StJonesboro, AR 72401
  • Utilities Included
close
View Me
The Willows
1 to 2 Bedroom Apartments

The Willows

726 Southwest DrJonesboro, AR 72401

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

close
View Me
Villas at Jonesboro
1 to 2 Bedroom Apartments

Villas at Jonesboro

983 N Patrick StJonesboro, AR 72401
Senior Living
close
View Me
203 N Rogers St
1 to 2 Bedroom Apartments

203 N Rogers St

203 N Rogers StJonesboro, AR 72401
close
View Me
Mcknight Falls
2 Bedroom Apartments

Mcknight Falls

1500 Kathleen StJonesboro, AR 72401
close
View Me
Craighead Commons
1 to 3 Bedroom Apartments

Craighead Commons

3320 Caraway Commons DrJonesboro, AR 72404
  • Utilities Included
close
View Me
1000-1030 Haltom St
2 Bedroom Apartments

1000-1030 Haltom St

1000-1030 Haltom StJonesboro, AR 72401
  • Utilities Included
close
View Me
Sundance Townhomes
2 Bedroom Apartments

Sundance Townhomes

1912 Word CvJonesboro, AR 72401
Student Housing
  • Utilities Included
close
View Me
Savannah Hills
2 Bedroom Apartments

Savannah Hills

4310 Makala LnJonesboro, AR 72404

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Jonesboro, AR Local Guide

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Jonesboro, AR

Pricing Updated: 04/26/2026

Current apartment rentals in the Jonesboro, AR area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Jonesboro Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Jonesboro$1,249$57559

Cheapest Available Jonesboro Apartments for Rent

 

The cheapest available apartment rental in Jonesboro, AR is a Studio unit found at Cozy Studio for rent in the Downtown Jonesboro neighborhood priced from $562. The Vue on Self Circle in the Downtown Jonesboro neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $575. Here is today’s list of the most affordable Jonesboro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cozy Studio for rentCozy Studio Apartment for Rent in JonesboroStudio,1BA$562
The Vue on Self Circle1BR/1BA1BR,1BA$575
Gladiola EstatesStandard 1 Bedroom1BR,1BA$665
Park LakeStandard1BR,1BA$665
The Links at JonesboroCustom1BR,1BA$720
Courtyard @ The Corner1 Bedroom, 1 Bathroom1BR,1BA$750
Williamsburg ApartmentsMEDIUM 2BR/1BA2BR,1BA$790
The Greens at JonesboroClassic Deluxe II1BR,1BA$810
Grand Oak Place2x12BR,1BA$850
Caraway Commons1BR1BR,1BA$850

Best Value Apartments for Rent in Jonesboro, AR

As of April 27, 2026 the best value apartment in the Jonesboro area is the $1.21 price per square foot 2X2.5 Model at Willow Creek Townhomes in the starting from $1,447. The second greatest value Jonesboro apartment is the Two Bedroom Townhome Model at Deerfield Crossing starting at $1,310 with a $1.14 price per square foot . Here is today’s list of the best values for Jonesboro apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Willow Creek Townhomes2X2.52BR,2.5BA$1.21
Deerfield CrossingTwo Bedroom Townhome2BR,2BA$1.14
The Meadows Apartments3x1.53BR,1.5BA$0.98
Williamsburg ApartmentsMEDIUM 2BR/1BA2BR,1BA$0.83
902 Belt St, Unit 6902 Belt St2BR,1BA$0.94
Mcknight FallsMcknight Falls - 2012BR,1BA$1.09
Cedar Manor Apartments2 bedroom x 1 bath2BR,1BA$1.04
Caraway Commons1BR1BR,1BA$1.10
Grand Oak Place2x12BR,1BA$1.16
The Vue on Self Circle2BR/1.5BA2BR,1.5BA$1.08

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Jonesboro Overview

Jonesboro, AR has many charms. On one hand you’re surrounded by historic buildings and large Victorian homes, and on the other hand the town is full of youth thanks to Arkansas State University. It is a wonderful place for those who are enchanted by the history, but still feel young and vibrant!

Why live in Jonesboro, AR?

Jonesboro, AR is the perfect place to live if you want the vibe of a college town. The university has a large impact on the town, and it creates a great feeling of community. What’s most unique, however, is that even though the school brings many new young people each year, the city still showcases its place in history. It is difficult not to fall in love with the beautiful architecture of Jonesboro’s landmark buildings.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Jonesboro, AR Rentals by Map

View Map
Jonesboro, AR Apartments Map
View Map
Jonesboro, AR Rental Homes Map

Frequently Asked Questions about Cheap Jonesboro Apartments

What is the price of a cheap apartment in Jonesboro?

The cheapest apartment in Jonesboro is The Vue on Self Circle which is listed at $575, while the average apartment in Jonesboro costs $1,249.

What types of apartments are the cheapest in Jonesboro?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in Jonesboro that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Jonesboro?

Cheap apartments in Jonesboro have an average cost of $424 which is $825 cheaper than the average rent for all rentals in Jonesboro.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.