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Booming Trend: Older Homeowners Rent Rooms to Combat Costs

1/9/2026

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Story summary
  • As living costs rise, more mature adults in the United States rent out rooms.
  • Since 2019, homeowners aged 45 and older advertising rooms for rent rose from 28% to nearly 40%.
  • The fastest-growing live-in landlords are those aged 65 and older, with numbers more than doubling since 2019.
  • Renting a room provides a significant income boost in cities like Fresno, Virginia Beach, and Minneapolis, where rents average under $1,000.