Craighead County, AR

2024 Fair Market Rents

Tags: 2024 Jonesboro, AR HUD Metro FMR Area

Return to the state page to see where Arkansas ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Craighead County are Jonesboro, Paragould, Walnut Ridge, and Bono. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Craighead County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Craighead County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Craighead County compare?

Craighead County ($936) has a 7% higher FMR for 2-Bedroom housing than the average of Arkansas ($875) and therefore a higher gross rent.

Craighead County is rank 12th out of 75 counties. This means the FMRs, or in other words, the gross rent is higher than 63 other counties. Craighead County is the 12th most expensive county in terms of FMRs.

Rent Tables Craighead County, AR

Fair Market Rent (40th Percentile)

$634
studio
$767
1-Bedroom
$936
2-Bedroom
$1,226
3-Bedroom
$1,560
4-Bedroom

Median Rent (50th Percentile)

$670
studio
$809
1-Bedroom
$988
2-Bedroom
$1,294
3-Bedroom
$1,647
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
72401 $600 $730 $890 $1,170 $1,480
72402 $640 $770 $940 $1,230 $1,570
72403 $640 $770 $940 $1,230 $1,570
72404 $680 $830 $1,010 $1,320 $1,680
72411 $630 $760 $930 $1,220 $1,550
72414 $550 $670 $810 $1,080 $1,370
72416 $620 $750 $910 $1,190 $1,520
72417 $620 $750 $920 $1,200 $1,530
72419 $550 $670 $810 $1,080 $1,370
72421 $580 $670 $830 $1,090 $1,310
72427 $600 $710 $890 $1,150 $1,510
72437 $650 $790 $960 $1,260 $1,600
72438 $640 $770 $940 $1,230 $1,570
72447 $550 $670 $810 $1,080 $1,370
72450 $580 $700 $850 $1,110 $1,420
72467 $600 $730 $890 $1,170 $1,480
72476 $550 $670 $810 $1,080 $1,370
72419 $550 $670 $810 $1,080 $1,370
72421 $580 $670 $830 $1,090 $1,310
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
72401 $540 $657 $801 $1,053 $1,332
72402 $576 $693 $846 $1,107 $1,413
72403 $576 $693 $846 $1,107 $1,413
72404 $612 $747 $909 $1,188 $1,512
72411 $567 $684 $837 $1,098 $1,395
72414 $495 $603 $729 $972 $1,233
72416 $558 $675 $819 $1,071 $1,368
72417 $558 $675 $828 $1,080 $1,377
72419 $495 $603 $729 $972 $1,233
72421 $522 $603 $747 $981 $1,179
72427 $540 $639 $801 $1,035 $1,359
72437 $585 $711 $864 $1,134 $1,440
72438 $576 $693 $846 $1,107 $1,413
72447 $495 $603 $729 $972 $1,233
72450 $522 $630 $765 $999 $1,278
72467 $540 $657 $801 $1,053 $1,332
72476 $495 $603 $729 $972 $1,233
72419 $495 $603 $729 $972 $1,233
72421 $522 $603 $747 $981 $1,179
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
72401 $660 $803 $979 $1,287 $1,628
72402 $704 $847 $1,034 $1,353 $1,727
72403 $704 $847 $1,034 $1,353 $1,727
72404 $748 $913 $1,111 $1,452 $1,848
72411 $693 $836 $1,023 $1,342 $1,705
72414 $605 $737 $891 $1,188 $1,507
72416 $682 $825 $1,001 $1,309 $1,672
72417 $682 $825 $1,012 $1,320 $1,683
72419 $605 $737 $891 $1,188 $1,507
72421 $638 $737 $913 $1,199 $1,441
72427 $660 $781 $979 $1,265 $1,661
72437 $715 $869 $1,056 $1,386 $1,760
72438 $704 $847 $1,034 $1,353 $1,727
72447 $605 $737 $891 $1,188 $1,507
72450 $638 $770 $935 $1,221 $1,562
72467 $660 $803 $979 $1,287 $1,628
72476 $605 $737 $891 $1,188 $1,507
72419 $605 $737 $891 $1,188 $1,507
72421 $638 $737 $913 $1,199 $1,441

Fair Market Rents on this page apply to the following cities in Craighead County, Arkansas: Jonesboro, Paragould, Walnut Ridge, Bono, Brookland, Lake City, Leachville, Bay, Monette, Caraway, State University, Egypt, Cash, and Black Oak.

These Fair Market Rents also apply to the following ZIP codes in Craighead County, Arkansas: 72401, 72450, 72404, 72476, 72416, 72417, 72437, 72403, 72438, 72411, 72447, 72419, 72467, 72402, 72427, 72421, and 72414.

Craighead County, AR is considered part of the following metro FMR area: JONESBORO, AR HUD METRO FMR AREA.

More on Craighead County, AR

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.