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Seniors Seeking Roommates Triples as Housing Costs Hit Record Highs

SpareRoom data shows adults 65 and over seeking roommates have more than tripled in 10 years as housing costs push more seniors to share homes.

  • The share of Americans 65 and over looking to rent with a roommate has tripled in the past decade, making them the fastest-growing age group among room seekers, according to SpareRoom.
  • Record-High rents have forced older adults out of renting or owning alone, with 54% of roommates spending 40% or more of their take-home pay on rent as of August 2025.
  • West, 72, moved to Fresno, Calif., to share costs, while Darla Desautel, 74, downsizes to maintain flexibility, saying, "Right now I can move across country with 10 boxes shipped USPS and take a plane."
  • Caezilia Loibl, chair of the Consumer Sciences Program at Ohio State University, warned that major life events amplify financial strain: "The shock is enormous, and we see it very clearly in our data how the debt burden goes up."
  • Matt Hutchinson, communications director at SpareRoom, noted the demographic shift: "They're not the biggest group of roommates, but they're by far the fastest growing." The renter image is moving away from Young professionals.
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mhaok.org broke the news in on Thursday, January 2, 2025.
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