What percentage of people rent in Pequot Lakes, MN?

34.9% (±7.2 points) of the occupied homes in Pequot Lakes, MN are rented (2020–2024 American Community Survey).

That is 321 renting households against 598 that own their home.

In Pequot Lakes, the share of households that rent went from 31.2% in 2015–2019 to 34.9% in 2020–2024 (+3.7 percentage points), not a measurable change.

Figures last updated on .

Households that rent
34.9% (±7.2 points)
Renting households
321 (±94)
Median renter income
$35,651 (±$5,312)

Who rents and who owns in Pequot Lakes

Tenure, estimate (90% margin of error)
Pequot LakesCrow Wing CountyMinnesotaUnited States
Renter-occupied share34.9% (±7.2 points)23.0% (±1.3 points)27.8% (±0.2 points)34.8%
Renting households321 (±94)6,755 (±422)641,268 (±4,528)45,017,354
Owning households598 (±91)22,647 (±434)1,666,687 (±7,556)84,210,142
Average renter household size1.3 (±0.2)1.9 (±0.1)2.0 (±0.0)2.3
Average owner household size2.6 (±0.3)2.4 (±0.0)2.6 (±0.0)2.6
Median renter household income$35,651 (±$5,312)$42,827 (±$3,995)$51,080 (±$531)$52,966
Median owner household income$86,932 (±$16,107)$88,809 (±$3,601)$108,214 (±$476)$100,009

In Pequot Lakes, the renter share is higher than in Crow Wing County (23.0%).

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

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

In Crow Wing County, Pequot Lakes ranks 6 of 46 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 166 of 2,628.

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

How renting in Pequot Lakes has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent31.2% (±7.6 points)34.9% (±7.2 points)+3.7 percentage pointsNot a measurable change
Median gross rent$672 (±$87)$847 (±$35)+26.0%No measurable change after inflation
Median household income$54,583 (±$7,210)$63,699 (±$8,014)+16.7%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 Pequot Lakes

Nearest places with a published estimate, compared with Pequot Lakes
PlaceDistanceHouseholds that rentCompared with this place
Pequot Lakes—34.9% (±7.2 points)—
Loon Lake Township3.7 mi4.7% (±5.2 points)Lower
Breezy Point4.1 mi5.7% (±3.5 points)Lower
Pelican Township (Crow Wing County)4.7 mi13.9% (±8.7 points)Lower
Jenkins4.8 mi19.6% (±7.3 points)Lower
Nisswa6.1 mi5.7% (±4.1 points)Lower
Jenkins Township6.7 mi0.4% (±1.0 points)Lower
Lake Shore6.9 mi6.4% (±4.2 points)Lower
Ideal Township7.2 mi6.6% (±3.0 points)Lower

Nearby places with a measurably lower figure: Loon Lake Township, MN (4.7%), Breezy Point, MN (5.7%), Pelican Township (Crow Wing County), MN (13.9%).

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

Households that rent across Crow Wing County, place by place

RankPlaceHouseholds that rent
1Crosby45.8% (±9.0 points)
2Brainerd43.5% (±4.6 points)
3Ironton42.6% (±13.2 points)
4Deerwood40.7% (±13.7 points)
5Baxter37.4% (±5.0 points)
6Pequot Lakes34.9% (±7.2 points)
7Garrison27.5% (±11.3 points)
8Jenkins19.6% (±7.3 points)
9Riverton18.0% (±12.7 points)
10Roosevelt Township (Crow Wing County)16.3% (±6.7 points)
11Crosslake16.2% (±4.5 points)
12Trommald15.7% (±13.5 points)

Showing 12 of 46 places in Crow Wing 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 Pequot Lakes

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 Pequot Lakes, 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 Pequot Lakes beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Pequot Lakes, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Pequot Lakes

How many renters are there in Pequot Lakes?

Pequot Lakes has an estimated 321 (±94) renting households, 34.9% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Pequot Lakes?

In Pequot Lakes, the share of households that rent went from 31.2% in 2015–2019 to 34.9% in 2020–2024 (+3.7 percentage points), not a measurable change.

How big are renting households in Pequot Lakes?

A renting household in Pequot Lakes has 1.3 people on average, against 2.6 in an owned home.

How much do renters earn in Pequot Lakes?

The median renting household in Pequot Lakes, MN has an income of $35,651 (±$5,312) a year, against $86,932 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 Pequot Lakes city, Minnesota (place:50416, 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.

Figures last updated on .

Related