What percentage of people rent in Little Elm, TX?
29.9% (±3.3 points) of the occupied homes in Little Elm, TX are rented (2020–2024 American Community Survey).
That is 5,645 renting households against 13,238 that own their home.
In Little Elm, the share of households that rent went from 23.5% in 2015–2019 to 29.9% in 2020–2024 (+6.4 percentage points), a measurable increase.
Figures last updated on .
- Households that rent
- 29.9% (±3.3 points)
- Renting households
- 5,645 (±691)
- Median renter income
- $80,961 (±$9,410)
Who rents and who owns in Little Elm
| Little Elm | Denton County | Texas | United States | |
|---|---|---|---|---|
| Renter-occupied share | 29.9% (±3.3 points) | 34.5% (±0.5 points) | 37.4% (±0.2 points) | 34.8% |
| Renting households | 5,645 (±691) | 124,469 (±2,018) | 4,113,561 (±20,050) | 45,017,354 |
| Owning households | 13,238 (±703) | 235,923 (±2,138) | 6,879,255 (±32,101) | 84,210,142 |
| Average renter household size | 2.7 (±0.2) | 2.3 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 3.0 (±0.1) | 2.9 (±0.0) | 2.9 (±0.0) | 2.6 |
| Median renter household income | $80,961 (±$9,410) | $67,585 (±$1,879) | $53,222 (±$285) | $52,966 |
| Median owner household income | $138,079 (±$11,151) | $144,599 (±$2,056) | $100,555 (±$369) | $100,009 |
In Little Elm, the renter share is lower than in Denton County (34.5%).
It is also lower than in Texas (37.4%).
It is lower than the national figure (34.8%).
In Denton County, Little Elm ranks 8 of 37 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 578 of 1,421.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Little Elm has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 23.5% (±3.2 points) | 29.9% (±3.3 points) | +6.4 percentage points | Measurable increase |
| Median gross rent | $1,660 (±$85) | $1,953 (±$110) | +17.7% | No measurable change after inflation |
| Median household income | $98,803 (±$6,326) | $119,219 (±$8,047) | +20.7% | 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 Little Elm
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Little Elm | — | 29.9% (±3.3 points) | — |
| Paloma Creek South | 1.4 mi | 26.4% (±9.0 points) | Not measurably different |
| Savannah | 2.4 mi | 28.0% (±11.1 points) | Not measurably different |
| Paloma Creek | 2.5 mi | 29.9% (±15.4 points) | Not measurably different |
| Hackberry | 3.0 mi | 18.9% (±9.3 points) | Lower |
| Providence Village | 3.8 mi | 22.5% (±8.4 points) | Not measurably different |
| Oak Point | 4.2 mi | 10.5% (±9.6 points) | Lower |
| Cross Roads | 4.8 mi | 13.6% (±7.8 points) | Lower |
| Lakewood Village | 5.1 mi | 2.1% (±3.9 points) | Lower |
Nearby places with a measurably lower figure: Hackberry, TX (18.9%), Oak Point, TX (10.5%), Cross Roads, TX (13.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Denton County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 2 | Denton | 50.0% (±1.6 points) |
| 3 | Roanoke | 45.7% (±7.2 points) |
| 4 | Carrollton | 41.5% (±1.6 points) |
| 5 | The Colony | 40.2% (±2.6 points) |
| 6 | Northlake | 38.1% (±7.0 points) |
| 7 | Lake Dallas | 30.8% (±12.9 points) |
| 8 (tie) | Little Elm | 29.9% (±3.3 points) |
| 8 (tie) | Paloma Creek | 29.9% (±15.4 points) |
| 10 | Savannah | 28.0% (±11.1 points) |
| 11 | Paloma Creek South | 26.4% (±9.0 points) |
| 12 | Sanger | 26.3% (±6.0 points) |
| 13 | Pilot Point | 25.1% (±9.9 points) |
| 14 | Krum | 24.2% (±7.8 points) |
Showing 13 of 37 places in Denton 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 Little Elm
How many renters are there in Little Elm?
Little Elm has an estimated 5,645 (±691) renting households, 29.9% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Little Elm?
In Little Elm, the share of households that rent went from 23.5% in 2015–2019 to 29.9% in 2020–2024 (+6.4 percentage points), a measurable increase.
How big are renting households in Little Elm?
A renting household in Little Elm has 2.7 people on average, against 3.0 in an owned home.
How much do renters earn in Little Elm?
The median renting household in Little Elm, TX has an income of $80,961 (±$9,410) a year, against $138,079 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Little Elm city, Texas
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Little Elm city, Texas
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Little Elm city, Texas
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Little Elm city, Texas
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Little Elm city, Texas
- 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 Little Elm city, Texas (place:43012, in state:48).
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
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- Crime reported to police in Little Elm
- Population growth in Little Elm
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- Fair Market Rent in Little Elm
- Texas landlord and tenant rules
- Housing across Denton County
- Texas places ranked by share of renters
- Housing data for every place in Texas