What percentage of people rent in Lake Park, MN?

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

17.3% (±6.2 points) of the occupied homes in Lake Park, MN are rented (2020–2024 American Community Survey).

That is 40 renting households against 191 that own their home.

In Lake Park, the share of households that rent went from 24.9% in 2015–2019 to 17.3% in 2020–2024 (−7.6 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 17.3% (±6.2 points)
Renting households: 40 (±15)
Median renter income: $36,667 (±$20,435)

Who rents and who owns in Lake Park

Tenure, estimate (90% margin of error)
	Lake Park	Becker County	Minnesota	United States
Renter-occupied share	17.3% (±6.2 points)	22.8% (±1.7 points)	27.8% (±0.2 points)	34.8%
Renting households	40 (±15)	3,287 (±255)	641,268 (±4,528)	45,017,354
Owning households	191 (±46)	11,123 (±289)	1,666,687 (±7,556)	84,210,142
Average renter household size	1.7 (±0.6)	1.9 (±0.1)	2.0 (±0.0)	2.3
Average owner household size	2.8 (±0.4)	2.6 (±0.1)	2.6 (±0.0)	2.6
Median renter household income	$36,667 (±$20,435)	$36,775 (±$2,249)	$51,080 (±$531)	$52,966
Median owner household income	$76,750 (±$24,483)	$86,097 (±$2,611)	$108,214 (±$476)	$100,009

In Lake Park, the renter share is not measurably different from Becker County (22.8%).

It is also lower than in Minnesota (27.8%).

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

In Becker County, Lake Park ranks 11 of 44 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 706 of 2,628.

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

How renting in Lake Park 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	24.9% (±7.7 points)	17.3% (±6.2 points)	−7.6 percentage points	Not a measurable change
Median gross rent	$645 (±$49)	$692 (±$268)	+7.3%	No measurable change after inflation
Median household income	$44,883 (±$14,062)	$64,028 (±$17,454)	+42.7%	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 Park

Nearest places with a published estimate, compared with Lake Park
Place	Distance	Households that rent	Compared with this place
Lake Park	—	17.3% (±6.2 points)	—
Lake Park Township	3.2 mi	4.1% (±4.1 points)	Lower
Cuba Township	3.5 mi	7.7% (±6.4 points)	Lower
Audubon	5.5 mi	31.4% (±12.6 points)	Higher
Audubon Township	6.0 mi	9.6% (±10.4 points)	Not measurably different
Hamden Township	6.3 mi	0.0% (±23.2 points)	Not measurably different
Highland Grove Township	6.8 mi	12.3% (±9.3 points)	Not measurably different
Cormorant Township	7.1 mi	5.8% (±2.9 points)	Lower
Eglon Township	7.4 mi	5.3% (±6.7 points)	Lower

Nearby places with a measurably lower figure: Lake Park Township, MN (4.1%), Cuba Township, MN (7.7%), Cormorant Township, MN (5.8%).

Nearby places with a measurably higher figure: Audubon, MN (31.4%).

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

Households that rent across Becker County, place by place

Rank	Place	Households that rent
5	Pine Point Township	39.4% (±10.5 points)
6	Frazee	34.7% (±8.2 points)
7	Audubon	31.4% (±12.6 points)
8	Callaway	23.9% (±12.2 points)
9	Eagle View Township	23.0% (±10.6 points)
10	Richwood Township	20.2% (±9.9 points)
11	Lake Park	17.3% (±6.2 points)
12	Maple Grove Township (Becker County)	16.0% (±5.9 points)
13	Spring Creek Township (Becker County)	15.4% (±11.9 points)
14	Detroit Township	15.3% (±6.7 points)
15	Toad Lake Township	14.4% (±8.8 points)
16	Riceville Township	14.3% (±12.9 points)
17	Atlanta Township	13.6% (±10.9 points)

Showing 13 of 44 places in Becker 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.

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Questions about Lake Park

How many renters are there in Lake Park?

Lake Park has an estimated 40 (±15) renting households, 17.3% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Lake Park?

In Lake Park, the share of households that rent went from 24.9% in 2015–2019 to 17.3% in 2020–2024 (−7.6 percentage points), not a measurable change.

How big are renting households in Lake Park?

A renting household in Lake Park has 1.7 people on average, against 2.8 in an owned home.

How much do renters earn in Lake Park?

The median renting household in Lake Park, MN has an income of $36,667 (±$20,435) a year, against $76,750 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 Park city, Minnesota (place:34784, in state:27).

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.