Housing market/Arkansas/ZIP 72404

ACS 2023 · FY2027 SAFMR

ZIP 72404 Jonesboro, Arkansas

Jonesboro, AR HUD Metro FMR Area · Arkansas. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
29,722
Households
11,732
Median HH income
$67,000
Renter share
35.8%
Median gross rent
$938
Vacancy
6.3%
Pop. change
+12.6%
2BR SAFMR
$1,090
SAFMR / rent
1.162×
2–49 unit stock
3,373
LIHTC proj / units
3 / 396
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 72404 · AR — sent to you.

ZIP 72404 · AR

ACS median rent$938
2BR SAFMR$1,090
90% floor$981
110% ceiling$1,199

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 72404

  • 1-unit detached8,47567.7%
  • 1-unit attached2522.0%
  • 2–4 units1,65513.2%
  • 5–49 units1,71813.7%
  • 50+ units1120.9%
  • Mobile2992.4%
TypeUnitsShare
1-unit detached8,47567.7%
1-unit attached2522.0%
2 units (duplex)2622.1%
3–4 units1,39311.1%
5–9 units6365.1%
10–19 units7826.2%
20–49 units3002.4%
50+ units1120.9%
Mobile2992.4%

2–4 unit share 13.2% · 5–49 unit share 13.7% · combined 2–49 26.9%.

Units by bedrooms

Studio
345
1BR
698
2BR
3,075
3BR
5,583
4BR
2,301
5+
516

Rent burden

Rent ≥30% of income44.1%
Rent ≥50% of income13.2%
  • ACS median gross rent $938 (all bedrooms, occupied rentals).
  • Median contract rent $797.
  • Renters paying ≥30% of income 44.1%; ≥50% 13.2%.
  • FY2027 2BR SAFMR $1,090 (1.162× ACS median gross rent).

Population

29,722 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +12.6%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 3 projects, 396 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 119 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 72404 35.8% of occupied households are renters; vacancy is 6.3%; ACS median gross rent is $938; population increased +12.6% between the 2018 and 2023 ACS vintages; the housing stock includes 1,655 units in 2–4-unit structures and 1,718 units in 5–49-unit structures; 3 LIHTC projects totaling 396 units; FY2027 2BR SAFMR is $1,090 versus ACS median gross rent of $938. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Arkansas research

ZIP 72404 is a Census / HUD profile for Jonesboro, AR. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Arkansas research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 72404?

ZIP 72404 (Jonesboro, AR HUD Metro FMR Area) has 29,722 residents, 11,732 households, a renter share of 35.8%, median household income of $67,000, and ACS 2023 median gross rent of $938. Vacancy is 6.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 72404?

ACS counts 262 units in 2-unit buildings, 1,393 in 3–4 unit buildings, 636 in 5–9, 782 in 10–19, and 300 in 20–49. Combined 2–49 unit stock is 3,373 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 72404?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,090. See the full schedule and 90–110% payment-standard band on the ZIP 72404 — Jonesboro, AR HUD Section 8 Payment Standards / SAFMR.

Does this Arkansas ZIP profile include Georgia listings?

No. ZIP 72404 is Census / HUD research for Jonesboro, AR HUD Metro FMR Area. Jeff Crowe CRE does not list Arkansas property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.