What percentage of people rent in Lake Fenton, MI?

Name: Renters and owners in Lake Fenton, MI, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

12.6% (±4.2 points) of the occupied homes in Lake Fenton, MI are rented (2020–2024 American Community Survey).

That is 348 renting households against 2,410 that own their home.

In Lake Fenton, the share of households that rent went from 12.0% in 2015–2019 to 12.6% in 2020–2024 (+0.6 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 12.6% (±4.2 points)
Renting households: 348 (±117)
Median renter income: $58,320 (±$11,289)

Who rents and who owns in Lake Fenton

Tenure, estimate (90% margin of error)
	Lake Fenton	Genesee County	Michigan	United States
Renter-occupied share	12.6% (±4.2 points)	29.3% (±0.7 points)	26.8% (±0.2 points)	34.8%
Renting households	348 (±117)	48,971 (±1,245)	1,092,179 (±7,674)	45,017,354
Owning households	2,410 (±308)	118,363 (±1,468)	2,984,190 (±12,886)	84,210,142
Average renter household size	1.6 (±0.3)	2.1 (±0.1)	2.1 (±0.0)	2.3
Average owner household size	2.4 (±0.1)	2.5 (±0.0)	2.5 (±0.0)	2.6
Median renter household income	$58,320 (±$11,289)	$37,148 (±$1,164)	$42,352 (±$376)	$52,966
Median owner household income	$129,167 (±$32,866)	$76,215 (±$1,577)	$87,130 (±$344)	$100,009

In Lake Fenton, the renter share is lower than in Genesee County (29.3%).

It is also lower than in Michigan (26.8%).

It is lower than the national figure (34.8%).

In Genesee County, Lake Fenton ranks 2 of 3 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 49 of 80.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Lake Fenton has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	12.0% (±4.5 points)	12.6% (±4.2 points)	+0.6 percentage points	Not a measurable change
Median gross rent	$1,115 (±$800)	$1,547 (±$200)	+38.7%	No measurable change after inflation
Median household income	$81,339 (±$17,579)	$116,352 (±$17,032)	+43.0%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Lake Fenton

Nearest places with a published estimate, compared with Lake Fenton
Place	Distance	Households that rent	Compared with this place
Lake Fenton	—	12.6% (±4.2 points)	—
Fenton	3.1 mi	36.9% (±3.8 points)	Higher
Linden	4.0 mi	9.1% (±3.9 points)	Not measurably different
Holly Township	4.3 mi	20.3% (±5.9 points)	Higher
Mundy Township	4.9 mi	11.6% (±2.6 points)	Not measurably different
Holly	5.5 mi	29.1% (±10.0 points)	Higher
Grand Blanc Charter Township	6.2 mi	29.6% (±3.0 points)	Higher
Argentine	7.5 mi	8.2% (±5.3 points)	Not measurably different
Tyrone Township (Livingston County)	7.6 mi	11.4% (±3.2 points)	Not measurably different

Nearby places with a measurably higher figure: Fenton, MI (36.9%), Holly Township, MI (20.3%), Holly, MI (29.1%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Genesee County, place by place

Rank	Place	Households that rent
1	Beecher	51.4% (±7.9 points)
2	Lake Fenton	12.6% (±4.2 points)
3	Argentine	8.2% (±5.3 points)

Lake Fenton is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside Fenton Charter Township, whose figures include it.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Lake Fenton

How many renters are there in Lake Fenton?

Lake Fenton has an estimated 348 (±117) renting households, 12.6% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Lake Fenton?

In Lake Fenton, the share of households that rent went from 12.0% in 2015–2019 to 12.6% in 2020–2024 (+0.6 percentage points), not a measurable change.

How big are renting households in Lake Fenton?

A renting household in Lake Fenton has 1.6 people on average, against 2.4 in an owned home.

How much do renters earn in Lake Fenton?

The median renting household in Lake Fenton, MI has an income of $58,320 (±$11,289) a year, against $129,167 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Lake Fenton CDP, Michigan (place:44520, in state:26).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.