The first home built in Lake Lenore was built by Bernard Gerwing and he is considered a founder of the community. Later on the community would shift a half a kilometre to be closer to the railroad. Bernard Gerwing's home would become abandoned in 1916-1917, it was made into a historical site by the community and is preserved to this day.[5] Lake Lenore incorporated as a village on April 28, 1921.[6] Lake Lenore was previously known as Lenore Lake before the name was changed in the 1920s due to a mistake made in the books of the railway company. Lake Lenore is a primarily German community.[5]
In the 2021 Census of Population conducted by Statistics Canada, Lake Lenore had a population of 289 living in 116 of its 135 total private dwellings, a change of 1.8% from its 2016 population of 284. With a land area of 0.97 km2 (0.37 sq mi), it had a population density of 297.9/km2 (771.7/sq mi) in 2021.[9]
In the 2016 Census of Population, the Village of Lake Lenore recorded a population of 284 living in 117 of its 128 total private dwellings, a -4.6% change from its 2011 population of 297. With a land area of 0.97 km2 (0.37 sq mi), it had a population density of 292.8/km2 (758.3/sq mi) in 2016.[10]