What percentage of people rent in Madison Lake, MN?

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

31.1% (±8.4 points) of the occupied homes in Madison Lake, MN are rented (2020–2024 American Community Survey).

That is 178 renting households against 394 that own their home.

In Madison Lake, the share of households that rent went from 28.4% in 2015–2019 to 31.1% in 2020–2024 (+2.7 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 31.1% (±8.4 points)
Renting households: 178 (±63)
Median renter income: $27,941 (±$14,543)

Who rents and who owns in Madison Lake

Tenure, estimate (90% margin of error)
	Madison Lake	Blue Earth County	Minnesota	United States
Renter-occupied share	31.1% (±8.4 points)	38.6% (±1.6 points)	27.8% (±0.2 points)	34.8%
Renting households	178 (±63)	10,667 (±474)	641,268 (±4,528)	45,017,354
Owning households	394 (±52)	16,939 (±445)	1,666,687 (±7,556)	84,210,142
Average renter household size	1.7 (±0.3)	2.1 (±0.1)	2.0 (±0.0)	2.3
Average owner household size	2.6 (±0.3)	2.6 (±0.1)	2.6 (±0.0)	2.6
Median renter household income	$27,941 (±$14,543)	$47,614 (±$5,122)	$51,080 (±$531)	$52,966
Median owner household income	$117,188 (±$12,805)	$96,836 (±$2,942)	$108,214 (±$476)	$100,009

In Madison Lake, the renter share is not measurably different from Blue Earth County (38.6%).

It is not measurably different from Minnesota (27.8%).

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

In Blue Earth County, Madison Lake ranks 3 of 34 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 241 of 2,628.

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

How renting in Madison Lake 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	28.4% (±8.5 points)	31.1% (±8.4 points)	+2.7 percentage points	Not a measurable change
Median gross rent	$732 (±$180)	$596 (±$516)	−18.6%	No measurable change after inflation
Median household income	$85,750 (±$14,577)	$87,727 (±$14,266)	+2.3%	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 Madison Lake

Nearest places with a published estimate, compared with Madison Lake
Place	Distance	Households that rent	Compared with this place
Madison Lake	—	31.1% (±8.4 points)	—
Jamestown Township	0.9 mi	6.5% (±6.0 points)	Lower
Washington Township	3.7 mi	6.8% (±5.0 points)	Lower
Le Ray Township	4.0 mi	5.1% (±3.5 points)	Lower
Eagle Lake	4.4 mi	35.6% (±6.7 points)	Not measurably different
Elysian Township	5.8 mi	7.5% (±6.0 points)	Lower
Lime Township	6.7 mi	13.6% (±6.1 points)	Lower
Elysian	6.8 mi	17.4% (±7.0 points)	Lower
Janesville Township	7.2 mi	13.8% (±11.4 points)	Lower

Nearby places with a measurably lower figure: Jamestown Township, MN (6.5%), Washington Township, MN (6.8%), Le Ray Township, MN (5.1%).

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

Households that rent across Blue Earth County, place by place

Rank	Place	Households that rent
1	Mankato	50.0% (±2.1 points)
2	Eagle Lake	35.6% (±6.7 points)
3	Madison Lake	31.1% (±8.4 points)
4	South Bend Township	30.4% (±8.4 points)
5	Cambria Township	25.2% (±18.3 points)
6	Mapleton	24.0% (±5.7 points)
7	Pleasant Mound Township	19.4% (±11.8 points)
8	Lake Crystal	16.7% (±6.7 points)
9	Vernon Center	15.9% (±5.2 points)

Showing 9 of 34 places in Blue Earth 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 Madison Lake

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

Looking for a place to rent?

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

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Madison Lake beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Madison Lake, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Madison Lake

How many renters are there in Madison Lake?

Madison Lake has an estimated 178 (±63) renting households, 31.1% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Madison Lake?

In Madison Lake, the share of households that rent went from 28.4% in 2015–2019 to 31.1% in 2020–2024 (+2.7 percentage points), not a measurable change.

How big are renting households in Madison Lake?

A renting household in Madison Lake has 1.7 people on average, against 2.6 in an owned home.

How much do renters earn in Madison Lake?

The median renting household in Madison Lake, MN has an income of $27,941 (±$14,543) a year, against $117,188 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 Madison Lake city, Minnesota (place:39320, 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.