
Cheap Homes for Rent in Jonesboro, IN from $500 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Jonesboro.


805 N Washington St

1203 W 1st St

521 W Franklin St

801-B W Riverside Ave
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.

801-D W Riverside Ave

614 W Charles St

1523 S J St

801 W 10th St

4523 S Harmon St
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.

2017 N Glenwood Ave

2009 N Janney Ave

101-103 N Redwood Ln

113 N Harrison St

110 E Jackson St
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.
Jonesboro, IN Local Guide

How much does it cost to rent a home in Jonesboro?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Jonesboro 2 Bedroom Homes for Rent | $1,049 | $750 | $1,400 |
| Jonesboro 3 Bedroom Homes for Rent | $1,394 | $711 | $2,300 |
| Jonesboro 4 Bedroom Homes for Rent | $1,465 | $1,300 | $1,800 |
| Jonesboro 5 Bedroom Homes for Rent | $1,737 | $1,475 | $2,000 |
Browse Top Homes for Rent in Jonesboro
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Jonesboro, IN Local Guide
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Cheapest Available Jonesboro Apartments for Rent and Nearby
 The cheapest available apartment rental in Jonesboro, IN is a 4 Beds unit found at University Village in the Westacres neighborhood priced from $514. The Haven in the Westacres neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $565. Here is today’s list of the most affordable Jonesboro apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Village | 4BD/2BA Furnished Premium | 4BR,2BA | $514 |
| The Haven | 4x4 | 4BR,4BA | $565 |
| Applegate | Studio Open - 288 sqft | Studio,1BA | $610 |
| Green Town Apartments | One Bd rm | 1BR,1BA | $700 |
| 6301 W Kilgore Ave | 1 Bed, 1 Bath | 1BR,1BA | $850 |
Best Value Apartments for Rent in Jonesboro, IN and Nearby
As of June 15, 2026 the best value apartment in the Jonesboro area is the $0.39 price per square foot 4BD/2BA Furnished Premium Model at University Village in the in the Westacres neighborhood starting from $514. The second greatest value Jonesboro apartment is the Two Bedroom Model at Somerset Apartments starting at $913 with a $0.74 price per square foot . Here is today’s list of the best values for Jonesboro apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| University Village | 4BD/2BA Furnished Premium | 4BR,2BA | $0.39 |
| Somerset Apartments | Two Bedroom | 2BR,1.5BA | $0.74 |
| Tin Plate Apartments | 2 Beds, 2 Baths | 2BR,2BA | $1.07 |
| Hunters Run | The Meadow | 2BR,1BA | $1.11 |
| Beckford Place | 2 Bedroom | 2BR,1BA | $0.87 |
| The Latitude Apartments | 2x2 Upgrade | 2BR,2BA | $1.20 |
| Park Forest | 2 Bedroom | 2BR,1BA | $1.06 |
| Silvertree Communities | Silvertree 2bd | 2BR,1BA | $0.70 |
| 715 E Race St | *Newly Renovated* Premium Style 2-Bedroom Apart... | 2BR,1BA | $1.11 |
| *Newly Renovated* Premium Style 2-4 BD Apartment Home | 2 Beds, 1 bath | 2BR,1BA | $0.94 |
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 ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Jonesboro
What type of rentals are currently available in Jonesboro?
There are currently 49 Apartments for Rent in Jonesboro, IN with pricing that ranges from $305 to $930,980. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Jonesboro ranging from $530 to $2,300.
What is the current price range for Rental Homes in Jonesboro?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Jonesboro ranges from $530 to $2,300 with an average monthly rent of $1,273.
How much are larger Three and Four Bedroom Rentals in Jonesboro?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Jonesboro range from $305 to $1,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $711 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $449.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.