Rental numbers for Craighead County, AR
The typical home here runs -$481 a month at 7.78% with 25% down, breaking even at about 3.1%. 0 of 2 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 7.0%.
- Gross yield
- 7.3%
- typical home, Zillow
- Median ZIP yield
- 7.0%
- 2 ZIPs with full data
- Cash flow
- -$481/mo
- at 7.78%, 25% down
- Typical price
- $219,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,335/mo
- Zillow ZORI, Aug 2026
ZIP codes in Craighead County
8 with published figures
| 72411Bay | $142,000 | $1,130* | 9.6% | 5.2% | -$154 | n/a |
| 72419Caraway | $123,000 | $880* | 8.6% | 4.1% | -$245 | n/a |
| 72401Jonesboro | $190,000 | $1,123 | 7.1% | 3.6% | -$451 | +3.4% |
| 72404Jonesboro | $267,000 | $1,555 | 7.0% | 3.7% | -$621 | +0.8% |
| 72437Lake City | $168,000 | $930* | 6.6% | 2.8% | -$512 | n/a |
| 72447Monette | $164,000 | $880* | 6.4% | 2.7% | -$510 | n/a |
| 72416Bono | $209,000 | $1,020* | 5.9% | 2.6% | -$678 | n/a |
| 72417Brookland | $233,000 | $1,070* | 5.5% | 2.3% | -$802 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +4.2%
- Rent, 12 months
- +2.9%
- Rent minus price growth
- -1.3 pts
- Property tax
- 0.53%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $179,716 | $1,087 |
| Aug 2022 | $202,157 | $1,132 |
| Aug 2023 | $208,437 | $1,189 |
| Aug 2024 | $209,963 | $1,239 |
| Aug 2025 | $210,309 | $1,298 |
| Aug 2026 | $219,048 | $1,335 |
HUD Fair Market Rent
FY2027, Jonesboro, AR HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $889 | $895 | $1,079 | $1,418 | $1,424 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 20.6
- 917 units, last 12 months
- National percentile
- 91th
- among US counties
Tools
Test a listing in Craighead County against today's rate.
Open the calculatorPart of the Jonesboro, AR metro.
Questions
- Is Craighead County good for rental property?
- The typical home here runs -$481 a month at 7.78% with 25% down, breaking even at about 3.1%. 0 of 2 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 7.0%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Craighead County?
- About 0.53% of value, from Census ACS median taxes paid over median home value. On a $219,000 home that is about $1,172 a year.
- What is Fair Market Rent in Craighead County?
- HUD's FY2027 Fair Market Rent here is $895 for a 1-bedroom, $1,079 for a 2-bedroom and $1,418 for a 3-bedroom. Typical cash flow at today's rate is -$481 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.