SpareRoom Statistics
SpareRoom has a huge amount of data on US room rentals, from average rents to supply and demand stats and more. Check back regularly for up to date stats, insights and analysis on what’s happening in the market.
The college town that could save you $32,000 in rent
April 2024 - College is already incredibly expensive, but research from the number 1 roommate finder, SpareRoom, reveals that your choice of college location could be the difference of tens of thousands of dollars in rent over a 4 year course.
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New York rents
drop
April 2024 - Dallas saw the biggest drop, down 10%, followed by New York (-5%) and Portland (also -5%). New York remains the most expensive city for renters, although in Q1 2024, the average monthly roommate rent dipped under $1,500 (to $1,489) for the first time since 2022
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Rents drop in most expensive cities
April 2024 - New data from the number 1 roommate finder, SpareRoom, reveals that the tide could now be starting to turn. Roommate rents fell in 18 of the 29 top metro areas (including the country’s most expensive cities), comparing Q1 2024 with Q4 2023.
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Cities with the cleanest roommates
April 2024 - Cleanliness is one of the biggest concerns people have when living with roommates. People have different standards, and what's untidy or dirty to you might not be to someone else.
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Most welcoming cities for newcomers
March 2024 - Moving to a new city is full of exciting possibilities and can be the perfect excuse to make a fresh start. It can also be extremely daunting - especially if you’ve left your support network behind and are looking to create a new one.
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San Diego is the most active US city
March 2024 - New York may have been ranked the ‘Most Walkable’ city in the US in a recent study, yet surprisingly it ranked the least active city according to recent data from roommate site SpareRoom. In fact, San Diego tops the list of cities whose roommates are most active.
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Recent rental market stories
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Minneapolis is the most pet-friendly city for renters
February 2024 - Considering the rising cost of living and rents, it’s no surprise that people are starting to accept renting as a long-term option. As a result, renters are seeking properties that will accommodate long-term life choices, such as owning a pet.
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Over 45’s are the fastest growing age group for roommates
February 2024 - SpareRoom analyzed data from 945,749 roommates over a 10 year period, which showed that in 2014, just 1 in 10 (10.3%) roommates were 45 or above, meaning the numbers have more than doubled over the past decade.
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Which is the best NYC neighborhood for roommates?
February 2024 - New York is the busiest city in the US for roommates. No big surprise there - it’s why the New York metro area remains the most expensive in the country.
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Rents hit record highs in 62% of major metro areas in 2023
Data from the number 1 roommate finder SpareRoom reveals that roommate rents in almost two thirds of major US metro areas reached record highs in 2023, with 18 of the top 29 breaking previous records.
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Los Angeles is most likely to stick to Dry January
Infamously January is the month that people decide to give up drinking, otherwise known as ‘Dry January’. This may be for health reasons, to save money or simply to set a new challenge.
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167% increase homeowners taking in roommates
Data from the number 1 roommate finder, SpareRoom, reveals that there has been a huge rise in homeowners taking in roommates. Comparing January 2024 with January 2021 there has been a 167% increase in new people taking in roommates.
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Cities where you can save the most by having a roommate
Renters could save up to $33,000 a year by choosing to live with roommates instead of living alone. We compared average monthly roommate rents with the average monthly rent for a 1 bedroom apartment in the top 25 US cities.
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Baltimore is the top city for tech
Silicon Valley may have a reputation as the tech capital of the US, but according to new data from roommate site SpareRoom, that’s not the best place to go to find other like-minded tech enthusiasts.
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Atlanta is the top city for foodies
New York, San Francisco and Los Angeles might have the most Michelin stars in the US, but according to new data from roommate site SpareRoom, that’s not where you’ll find the real foodies.
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Denver is the top city for wellness
Los Angeles may have the reputation as the wellness capital of the US, but according to new data from roommate site SpareRoom, if you want to find people who are passionate about a healthy & holistic lifestyle, you’re better off looking in Denver, or Portland, or pretty much anywhere other than LA.
