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These days, finding an affordable place to live in the Jonesboro area can be challenging. Home prices in Jonesboro are now at a median cost of $245,049, lower than the Georgia average of $324,634.
The average cost of rent is $1,605/mo in Jonesboro, primarily driven by the current value of real estate in the Jonesboro area. In Jonesboro, 38.65% of households rent, and 31.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Jonesboro is $6,204 per month. Households that rent pay about 25.86% of their income on rent here. Jonesboro’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Riverdale, GA: less expensive homes
- Morrow, GA: equally priced homes
- Lovejoy, GA: equally priced homes
- Lake City, GA: less expensive homes
- Rex, GA: less expensive homes
- Forest Park, GA: less expensive homes
- Lake Talmadge, GA: higher priced homes
- Hampton, GA: higher priced homes
- Stockbridge, GA: higher priced homes
- Fayetteville, GA: higher priced homes
Cities with Similar Populations
- Pasadena, TX: less expensive homes
- Port Charlotte, FL: higher priced homes
- Pharr, TX: less expensive homes
- Pawtucket, RI: higher priced homes
- Pflugerville, TX: higher priced homes
- Parker, CO: higher priced homes
- Pasco, WA: higher priced homes
- Pasadena, CA: higher priced homes
- Gainesville, FL: higher priced homes
- Germantown, MD: higher priced homes
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