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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 $126,448, lower than the Illinois average of $300,242.
The average cost of rent is $664/mo in Jonesboro, primarily driven by the current value of real estate in the Jonesboro area. In Jonesboro, 18.30% of households rent, and 51.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Jonesboro is $5,212 per month. Households that rent pay about 12.75% of their income on rent here. Jonesboro’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Anna, IL: higher priced homes
- Balcom, IL: higher priced homes
- Mountain Glen, IL: higher priced homes
- Ware, IL: equally priced homes
- Cobden, IL: higher priced homes
- Mill Creek, IL: equally priced homes
- Reynoldsville, IL: equally priced homes
- Dongola, IL: less expensive homes
- Saratoga, IL: higher priced homes
- Alto Pass, IL: higher priced homes
Cities with Similar Populations
- Forest Heights, MD: higher priced homes
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- Bethlehem, WV: higher priced homes
- Damascus, VA: higher priced homes
- Rehobeth, AL: higher priced homes
- Salina, UT: higher priced homes
- Salemburg, NC: higher priced homes
- Rush Springs, OK: equally priced homes
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