The real estate website announced this week that its platform now gives users the option to search for or list individual rooms for rent. The company says this option benefits renters looking for roommates, a typical scenario among younger renters, who account for more than half of the U.S. rental market.
“This new listing type is particularly timely, as U.S. rents have surged nearly 30% since the pandemic, and a startling 50% of renters are now cost-burdened, spending 30% or more of their income on rent and utilities,” the company said in a news release. “Splitting costs with a roommate can help alleviate this financial burden.”