Baby boomers forced to find roommates amid ‘ridiculous’ rent costs — and some find they enjoy company
Baby boomers are increasingly seeking roommates due to rising rent costs, particularly in expensive cities like Los Angeles. Many older adults find companionship and financial relief by sharing living spaces, which has led to a significant increase in this demographic within the rental market. This trend reflects broader economic pressures, as many individuals face challenges in affording solo housing as they age.
- ▪The fastest-growing roommate demographic is now the baby boomer age bracket of 65 and older.
- ▪Roommates aged over 45 represented just over a tenth of the market a decade ago, but now make up almost a quarter of it.
- ▪Many older adults are finding that living with roommates provides both personal and financial benefits.
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Real Estate Baby boomers forced to find roommates amid ‘ridiculous’ rent costs — and some find they enjoy company By Julie Taylor Published May 26, 2026, 4:17 p.m. ET See more of our coverage in your search results. Add The New York Post on Google Originally Published by: Sellers Are Still Slashing Home Prices in These 5 Cities Real Estate Broker Challenges ‘Insane’ Law Requiring an Office With Landline Phone Trump Gets a New Fed Chair, but May Not Get Lower Mortgage Rates Anytime Soon Over the past few years, 72-year-old cinematographer David West saw his whole world fall apart. “My 22-year marriage ended, after raising four kids,” he tells Realtor.com®. “The strikes in Hollywood knocked out union and nonunion jobs, and many of them didn’t come back. I lost my brother and my dog.
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