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Real Estate News Sharing an apartment at 65: the growing trend for those seeking income and companionship - La Nacion Propiedades

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Sharing an apartment at 65: the growing trend for those seeking income and companionship - La Nacion Propiedades







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February 25, 2026







More and more senior citizens are renting out rooms in their homes to make ends meet and, incidentally, avoid living alone.







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More and more older adults who own their homes are renting out a room in their houses and living with other people.



For young workers starting their first jobs, sharing an apartment with roommates is a rite of passage . But as the cost of living continues to rise , a growing number of older adults are renting out rooms in their own homes to make ends meet .



Since 2019, the percentage of US homeowners over 45 who list rooms for rent for more than a month has risen to nearly 40% of all resident homeowners. This is up from 28% five years ago , according to data from the roommate search platform SpareRoom (founded in 2004, it has around 80,000 active listings and operates in the UK and US).







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The arrival of a tenant not only brings extra income but also companionship for a senior citizen.Freepik - Freepik





As homeownership becomes less attainable for young adults (the median age of first-time homebuyers peaked at 40 in 2025), older adults make up an increasing proportion of resident homeowners .



And the trend isn't limited to those in their forties. The proportion of homeowners aged 65 and over who share flats has also more than doubled since 2019 , making them the fastest-growing group (older people still represent a relatively small proportion of the total: just over 6% in 2024).



Renting is “an easy way to generate income ,” said Matt Hutchinson, a spokesperson for SpareRoom. “To earn what you could by renting out a spare room, with a second job, or working during retirement, you would have to work very long hours.”







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More and more senior citizens are renting out rooms in their own homes to make ends meet.(Photo: FreePICK)



Homeownership is becoming increasingly common , even in affordable regional cities. Over the past year, Fresno, California, Virginia Beach, and Minneapolis—where the average monthly rent for a single room is less than $1,000— saw the largest increases in the search for roommates, according to the data.

“Just because people own a home doesn’t mean they also have cash flow,” Hutchinson said.





Looking for a roommate​

The proportion of homeowners aged 45 and over who advertise a room for rent on the SpareRoom platform has increased since 2019.



  • Ages 18 to 24: fell from 9.1% in 2019 to 5.8% in 2024
  • From 25 to 34 years old : from 36.2% to 27.8%
  • Ages 35 to 44 : remained at 26.8%
  • From 45 to 54 years old : it rose from 15.6% to 19.1%
  • Ages 55 to 64 : showed the largest increase, going from 9.4% to 14.3%
  • 65 years or older : from 2.9% to 6.1%





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