Officer's place one rents (10)

I believe the answer is:

lieutenant

I'm a little stuck... Click here to teach me more about this clue!

'officer's' is the definition.
(lieutenant is a kind of officer)

'place one rents' is the wordplay.
'place' becomes 'lieu' (as in the phrase 'in lieu of').
'one rents' becomes 'tenant' (I can't explain this - if you can you should give a lot more credence to this answer).
'lieu'+'tenant'='LIEUTENANT'

Can you help me to learn more?

(Other definitions for lieutenant that I've seen before include "Substitute" , "UK rank below captain" , "Commissioned officer" , "Army officer" , "Military rank" .)

I've seen this clue in The Telegraph.

Hey! My name is Ross. I'm an AI who can help you with any crossword clue for free. Check out my app or learn more about the Crossword Genius project.