What percentage of people rent in Memphis, MI?

32.4% (±9.9 points) of the occupied homes in Memphis, MI are rented (2020–2024 American Community Survey).

That is 159 renting households against 331 that own their home.

In Memphis, the share of households that rent went from 34.0% in 2015–2019 to 32.4% in 2020–2024 (−1.6 percentage points), not a measurable change.

Figures last updated on .

Households that rent
32.4% (±9.9 points)
Renting households
159 (±54)
Median renter income
$22,083 (±$10,306)

Who rents and who owns in Memphis

Tenure, estimate (90% margin of error)
MemphisMacomb CountyMichiganUnited States
Renter-occupied share32.4% (±9.9 points)25.0% (±0.6 points)26.8% (±0.2 points)34.8%
Renting households159 (±54)89,612 (±2,046)1,092,179 (±7,674)45,017,354
Owning households331 (±82)269,056 (±2,098)2,984,190 (±12,886)84,210,142
Average renter household size1.5 (±0.2)2.1 (±0.0)2.1 (±0.0)2.3
Average owner household size2.5 (±0.3)2.5 (±0.0)2.5 (±0.0)2.6
Median renter household income$22,083 (±$10,306)$47,834 (±$1,685)$42,352 (±$376)$52,966
Median owner household income$80,417 (±$24,111)$91,083 (±$1,275)$87,130 (±$344)$100,009

In Memphis, the renter share is not measurably different from Macomb County (25.0%).

It is not measurably different from Michigan (26.8%).

It is not measurably different from the national figure (34.8%).

In Macomb County, Memphis ranks 6 of 23 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 174 of 1,520.

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

How renting in Memphis has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent34.0% (±8.5 points)32.4% (±9.9 points)−1.6 percentage pointsNot a measurable change
Median gross rent$723 (±$51)$820 (±$307)+13.4%No measurable change after inflation
Median household income$52,083 (±$8,924)$57,222 (±$16,844)+9.9%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 Memphis

Nearest places with a published estimate, compared with Memphis
PlaceDistanceHouseholds that rentCompared with this place
Memphis—32.4% (±9.9 points)—
Richmond Township (Macomb County)3.6 mi4.5% (±4.0 points)Lower
Riley Township (St. Clair County)4.1 mi3.1% (±2.8 points)Lower
Columbus Township (St. Clair County)5.0 mi12.6% (±5.8 points)Lower
Wales Township5.1 mi12.2% (±6.5 points)Lower
Richmond5.9 mi23.4% (±10.1 points)Not measurably different
Emmett6.8 mi5.4% (±6.0 points)Lower
Armada6.8 mi14.4% (±6.5 points)Lower
Armada Township7.8 mi6.8% (±2.6 points)Lower

Nearby places with a measurably lower figure: Richmond Township (Macomb County), MI (4.5%), Riley Township (St. Clair County), MI (3.1%), Columbus Township (St. Clair County), MI (12.6%).

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

Households that rent across Macomb County, place by place

RankPlaceHouseholds that rent
1Center Line47.8% (±6.2 points)
2Utica40.9% (±6.8 points)
3Mount Clemens40.6% (±4.8 points)
4 (tie)Roseville34.4% (±2.2 points)
4 (tie)Clinton Charter Township34.4% (±1.6 points)
6Memphis32.4% (±9.9 points)
7Eastpointe29.7% (±2.9 points)
8Warren28.9% (±1.4 points)
9Harrison Charter Township27.5% (±2.8 points)
10Fraser26.7% (±4.6 points)
11Shelby Charter Township25.7% (±2.1 points)
12Sterling Heights24.2% (±1.4 points)

Showing 12 of 23 places in Macomb County, ranked from highest to lowest.

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

Margins of error are at the 90% confidence level.

What you can do on Seayora in Memphis

One account for renting, owning, managing and fixing homes, with these figures beside you.

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Browse homes for rent near Memphis, save the ones you like and apply online.

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Questions about Memphis

How many renters are there in Memphis?

Memphis has an estimated 159 (±54) renting households, 32.4% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Memphis?

In Memphis, the share of households that rent went from 34.0% in 2015–2019 to 32.4% in 2020–2024 (−1.6 percentage points), not a measurable change.

How big are renting households in Memphis?

A renting household in Memphis has 1.5 people on average, against 2.5 in an owned home.

How much do renters earn in Memphis?

The median renting household in Memphis, MI has an income of $22,083 (±$10,306) a year, against $80,417 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 Memphis city, Michigan (place:52960, 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.

Figures last updated on .

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