Cheap Apartments for Rent near Jonesboro, IN from $340 (37 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Parkville Apartments
Studio to 2 Bedroom Apartments

Parkville Apartments

400 N 10th StGas City, IN 46933
  • Utilities Included
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Beckford Place
Studio to 2 Bedroom Apartments

Beckford Place

1315 N Beckford PlMarion, IN 46952

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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The Orchard
Studio to 3 Bedroom Apartments

The Orchard

720 W Centennial AveMuncie, IN 47303
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Park Forest
2 Bedroom Apartments

Park Forest

1005 N Park Forest DrMarion, IN 46952

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.

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Showing Results 1-37, Page 1 of 1

Jonesboro, IN Local Guide

Cheapest Available Jonesboro Apartments for Rent and Nearby

 

The cheapest available apartment rental in Jonesboro, IN is a 4 Beds unit found at The Haven in the Westacres neighborhood priced from $565. Muncie Varsity House in the Westacres neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $569. Here is today’s list of the most affordable Jonesboro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Haven4x44BR,4BA$565
Muncie Varsity House3 Bed, 3 Bath Plus3BR,3BA$569
Green Town ApartmentsOne Bd rm1BR,1BA$700
Somerset ApartmentsOne Bedroom1BR,1BA$722
Forest Oaks Apartments1 Bed 1 Bath (Down)1BR,1BA$850
6301 W Kilgore Ave1 Bed, 1 Bath1BR,1BA$850
Colonial Crest ApartmentsUnfurnished Studio1BR,1BA$900
Normandy ApartmentsPrivate 1 Bed Student Housing! #MainCharacterEn...1BR,1BA$910
Eaton ResidenceMove in Ready Premium Style 2-Bedroom Apartment...2BR,1BA$910
Park Forest2 Bedroom2BR,1BA$925

Best Value Apartments for Rent in Jonesboro, IN and Nearby

As of September 05, 2026 the best value apartment in the Jonesboro area is the $0.84 price per square foot 3 Bedroom Townhome Model at Come home to Granton Place today! in the starting from $1,125. The second greatest value Jonesboro apartment is the 2BD + Den/2BA Unfurnished Premium Model at University Village starting at $779 with a $0.60 price per square foot in the Westacres neighborhood. 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.
Come home to Granton Place today!3 Bedroom Townhome3BR,1.5BA$0.84
University Village2BD + Den/2BA Unfurnished Premium2BR,2BA$0.60
Silvertree CommunitiesLinden Place3BR,2BA$0.41
The Latitude Apartments2x2 Upgrade2BR,2BA$1.17
Fox Brook Apartments2x1 R2BR,1BA$1.21
Muncie Varsity House2 Bed, 2 Bath Renovated2BR,2BA$0.67
Park Forest2 Bedroom2BR,1BA$1.12
Eaton ResidenceMove in Ready Premium Style 2-Bedroom Apartment...2BR,1BA$1.18
*Newly Renovated* Premium Style 2-4 BD Apartment Home2 Beds, 1 bath2BR,1BA$0.94
Somerset ApartmentsOne Bedroom1BR,1BA$1.05

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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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

Explore Jonesboro, IN Rentals by Map

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See the most popular apartments and homes in Jonesboro, IN

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Frequently Asked Questions about Cheap Jonesboro Apartments

What is the Cheapest Studio apartment in Jonesboro?

Currently the most affordable Cheap Studio Apartment in Jonesboro is at Colonial Crest Apartments listed at $900.

How much is rent for a Cheap One Bedroom Jonesboro Apartment?

The lowest price for a Cheap One Bedroom Jonesboro Apartment is $700 at Green Town Apartments.

What is the lowest price for a Cheap Two Bedroom Jonesboro Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Jonesboro is starting from $569 at Muncie Varsity House.

What is the most affordable Jonesboro Three Bedroom Apartment?

The best deal on a cheap Jonesboro Three Bedroom Apartment rental is at Muncie Varsity House and starts from $569.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.