What percentage of people rent in Fayetteville, TN?
51.4% (±5.9 points) of the occupied homes in Fayetteville, TN are rented (2020–2024 American Community Survey).
That is 1,517 renting households against 1,432 that own their home.
In Fayetteville, the share of households that rent went from 52.1% in 2015–2019 to 51.4% in 2020–2024 (−0.7 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 51.4% (±5.9 points)
- Renting households
- 1,517 (±257)
- Median renter income
- $40,724 (±$10,635)
Who rents and who owns in Fayetteville
| Fayetteville | Lincoln County | Tennessee | United States | |
|---|---|---|---|---|
| Renter-occupied share | 51.4% (±5.9 points) | 24.2% (±2.3 points) | 33.1% (±0.3 points) | 34.8% |
| Renting households | 1,517 (±257) | 3,590 (±354) | 933,708 (±7,883) | 45,017,354 |
| Owning households | 1,432 (±191) | 11,259 (±389) | 1,890,569 (±10,295) | 84,210,142 |
| Average renter household size | 2.1 (±0.3) | 2.3 (±0.2) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.5 (±0.4) | 2.4 (±0.1) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $40,724 (±$10,635) | $43,913 (±$4,410) | $46,745 (±$535) | $52,966 |
| Median owner household income | $68,841 (±$13,520) | $73,923 (±$5,764) | $85,153 (±$545) | $100,009 |
In Fayetteville, the renter share is higher than in Lincoln County (24.2%).
It is also higher than in Tennessee (33.1%).
It is higher than the national figure (34.8%).
In Lincoln County, Fayetteville ranks 1 of 3 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 37 of 405.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Fayetteville has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 52.1% (±5.3 points) | 51.4% (±5.9 points) | −0.7 percentage points | Not a measurable change |
| Median gross rent | $676 (±$38) | $779 (±$57) | +15.2% | No measurable change after inflation |
| Median household income | $36,010 (±$7,299) | $49,223 (±$6,661) | +36.7% | 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 Fayetteville
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Fayetteville | — | 51.4% (±5.9 points) | — |
| Park City | 5.1 mi | 15.5% (±6.9 points) | Lower |
| Petersburg | 12 mi | 35.2% (±12.2 points) | Lower |
| Lynchburg | 15 mi | 17.5% (±4.9 points) | Lower |
| Hazel Green | 16 mi | 12.5% (±6.4 points) | Lower |
| Huntland | 18 mi | 15.4% (±7.0 points) | Lower |
| Ardmore | 19 mi | 36.6% (±9.5 points) | Lower |
| Meridianville | 19 mi | 7.5% (±4.1 points) | Lower |
| Ardmore | 19 mi | 36.2% (±11.4 points) | Lower |
Nearby places with a measurably lower figure: Park City, TN (15.5%), Petersburg, TN (35.2%), Lynchburg, TN (17.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Lincoln County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Fayetteville | 51.4% (±5.9 points) |
| 2 | Petersburg | 35.2% (±12.2 points) |
| 3 | Park City | 15.5% (±6.9 points) |
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 Fayetteville
How many renters are there in Fayetteville?
Fayetteville has an estimated 1,517 (±257) renting households, 51.4% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Fayetteville?
In Fayetteville, the share of households that rent went from 52.1% in 2015–2019 to 51.4% in 2020–2024 (−0.7 percentage points), not a measurable change.
How big are renting households in Fayetteville?
A renting household in Fayetteville has 2.1 people on average, against 2.5 in an owned home.
How much do renters earn in Fayetteville?
The median renting household in Fayetteville, TN has an income of $40,724 (±$10,635) a year, against $68,841 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Fayetteville city, Tennessee
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Fayetteville city, Tennessee
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Fayetteville city, Tennessee
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Fayetteville city, Tennessee
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Fayetteville city, Tennessee
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Fayetteville city, Tennessee (place:25920, in state:47).
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.
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
- Housing in Fayetteville at a glance
- Median rent in Fayetteville
- Rent by bedrooms in Fayetteville
- Rent burden in Fayetteville
- Income and affordability in Fayetteville
- Home values in Fayetteville
- Homeowner costs in Fayetteville
- Property taxes in Fayetteville
- Types of homes in Fayetteville
- Bedrooms in Fayetteville
- Age of homes in Fayetteville
- Vacancy rate in Fayetteville
- Heating fuel in Fayetteville
- Commute and cars in Fayetteville
- Crime reported to police in Fayetteville
- Population growth in Fayetteville
- How long people stay in Fayetteville
- Crowding and facilities in Fayetteville
- Tennessee landlord and tenant rules
- Housing across Lincoln County
- Tennessee places ranked by share of renters
- Housing data for every place in Tennessee