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Bono, AR Homes for Rent

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  • 101 Morganne Dr, Bono, AR 72416
    101 Morganne Dr, Bono, AR 72416
    101 Morganne Dr, Bono, AR 72416
    /20

    Starting at $950 Per Month

    • 2 Beds

    101 Morganne Dr, Bono, AR 72416

    Walking distance from New City Park, children's playground, walking track, basketball court, and pavilion. Located right off of Hwy 63. Ten minutes from Jonesboro, AR. Quiet neighborhood.

    The Oak Townhomes

    (870) 637-0864

    101 Morganne Dr, Bono, AR 72416
  • 685 Jill Ln Unit A, Bono, AR 72416
    685 Jill Ln Unit A, Bono, AR 72416
    685 Jill Ln Unit A, Bono, AR 72416
    /7

    $695 Per Month

    • 2 Beds
    • 1 Bath
    • 710 Sq Ft
    • Condo for Rent

    685 Jill Ln Unit A, Bono, AR 72416

    Check out this cozy two-bedroom apartment at 685 Jill, Apt C in Bono, AR! With 710 square feet, it’s a comfortable space that’s easy to make your own. The layout feels open and inviting, and the full bathroom adds a nice touch of comfort to your daily routine.Whether you’re cooking, relaxing, or just enjoying a quiet evening at home, this place is designed to fit your lifestyle. Plus,

    685 Jill Ln Unit A, Bono, AR 72416
  • 689 Jill Ln Unit A, Bono, AR 72416
    689 Jill Ln Unit A, Bono, AR 72416
    689 Jill Ln Unit A, Bono, AR 72416
    /6

    $695 Per Month

    • 2 Beds
    • 1 Bath
    • 710 Sq Ft
    • Condo for Rent

    689 Jill Ln Unit A, Bono, AR 72416

    Nestled in the charming community of Bono, AR, at 689 Jill, Apt A, this delightful 2-bedroom apartment offers a warm and inviting retreat. Step inside to discover a cozy 710 sq ft space that perfectly balances comfort and convenience. The well-designed layout ensures ample room for relaxation and entertaining, with each room flowing seamlessly into the next. HUD accepted.

    689 Jill Ln Unit A, Bono, AR 72416
Arkansas Craighead County Bono

Homes for Rent in Bono, AR

Why Live in Bono

Bono, Arkansas, is a small town with a population of fewer than 5,000 residents, characterized by its rural charm and proximity to Jonesboro, located about 8 miles south. This former railroad town is experiencing growth with new construction homes and commercial developments. Older homes, including 1980s cottages and ranch-style houses from the 1970s, often come with larger lots, while new builds typically feature New Traditional architecture on smaller plots. The town's outskirts include special flood zones, necessitating flood insurance for certain properties. Bono offers a variety of outdoor activities with three city parks providing green spaces, playgrounds, and walking trails. Bono Lake, accessible via a boat ramp, is a popular spot for fishing, while Lake Frierson State Park, about 10 miles north, offers kayaking, fishing, and camping opportunities. Dining and shopping options are centered around U.S. Route 63, with local favorites like Vaughn's Pit Stop BBQ and essentials available at Dollar General. The upcoming Bono Commercial Park promises to expand these offerings. For healthcare and travel, St. Bernard’s Medical Center and Jonesboro Municipal Airport are both conveniently located within 15 miles.

Learn more about living in Bono

Frequently Asked Questions

How much does it cost to rent a home in Bono, AR?
The median rent for a home in Bono, AR is $650 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Bono, AR?
To comfortably afford the median rent in Bono, AR, a household needs to earn roughly $26,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $650 per month in Bono, AR, renters typically need to show $1,950 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Bono, AR?
In Bono, AR, the price-to-rent ratio is 29.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Trends in Bono, AR

There are currently 3 homes available for rent in Bono, AR. The median rent is $650 per month, with condos at $650.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$650
Median Condo Rent
$650
How to Rent a Home

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