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Seniors who are looking for lower living expenses, help with household chores, or even just companionship are turning to home-share programs as a simple solution to an age-old problem.
A concept made famous by the 1980s hit sitcom “Golden Girls,” home sharing involves offering accommodations to a guest in your house or apartment for a nominal fee or in exchange for basic household tasks (cooking, laundry, shoveling snow), or some combination of both.
“Home sharing provides affordable housing to guests, and it can allow hosts who are seniors to age in place,” said Jaimeson Champion, assistant director of programs for the New York Foundation for Senior Citizens’ (NYFSC) home-sharing program, which matches adult hosts who have extra rooms in his or her house or apartment with an adult guest who meets their needs.
What is senior home sharing?
Home sharing, of course, is not unique to retirees. Others who have embraced the model include persons with disabilities, working professionals, those at risk of homelessness, single parents, and people who are simply lonely and wish to bring life back into the house, according to the National Shared Housing Resource Center.
But the ranks of seniors who have embraced cohabitation have swelled considerably in recent years as the baby boomer population redefines retirement.
According to an analysis of U.S. Census Bureau data by the Wharton School of Business, the share of cohabiting couples has increased to 9.1 percent in 2023 from 3.7 percent in 1996. Those age 65 and older saw the biggest surge in cohabitation, climbing to 15 percent in 2023 from 5.2 percent in 2000.1
The rising number of cohabiting seniors aged 50 and older coincides with rising divorce rates among this group. (Related: Gray divorce)
Despite the growth in cohabitation, however, it is hardly the norm. In all, roughly 46 percent of U.S. couples are married.2
Safety in state-based home-sharing programs
Because home sharing helps to solve a multitude of problems — it improves access to affordable housing, fosters companionship for single seniors, and potentially helps older homeowners delay the need for assisted living services — more than a dozen states and many local housing authorities have implemented senior home-sharing programs of their own. They are California, Colorado, Florida, Illinois, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, New York, North Carolina, Oregon, Pennsylvania, Texas, Vermont, and Washington.
“We started this program in 1981 because affordable housing has always been a top priority need for senior citizens in New York City, and we recognized the need for a housing solution that was both affordable and one that could help reduce social isolation through shared living,” said Champion. “We’ve had many matches that have developed into wonderful friendships.”
While homeowners can easily find a roommate on their own via online classified sites like Craigslist, Padmapper, and Roomie Match, he said none offer what many state-based home-sharing programs can: safety.
All program participants in the free NYFSC program, for example, are thoroughly screened by licensed, professional social workers prior to making a match. The organization also checks references of both the host and guest applicants. And, as a final measure, to help identify the most potentially compatible matchmates, the social workers use a proprietary survey based on 31 lifestyle objectives.
(Roomie Match does indicate on its website that it screens all roommate profiles in an effort to weed out scams, spammers, and inappropriate posts.)
Per the NYFSC program, at least one of the match-mates must be 60 or older, but it is also available to hosts who are 55 or older and interested in sharing with developmentally disabled adult guests capable of independent living.
“The hosts may request a monthly contribution from the guest towards household expenses, but that is up to the host,” said Champion. “In lieu of a monetary contribution, the host may also request a service exchange in the form of assistance with household chores or errand running. Some simply request that the guest be in the home every night because they have anxiety about being alone.”
Cohousing communities
Seniors who seek financial and social support, but also wish to maintain their independence, have other options, as well. (Learn more: 3 ways to plan for retirement)
Cohousing communities, such as Phoenix Commons in Oakland, California, and Elderberry in Rougemont, North Carolina, are on the rise and offer opportunities to own single-family homes or condominiums in a community focused on communal living.
Many of the 165 established cohousing communities (another 140 are under development) are close to college campuses or metro areas, with easy access to transit, health care, grocery stores, parks, continued learning classes, and cultural programs, according to the Cohousing Association of the United States.
At Silver Sage Village in Boulder, Colorado, where active residents “age in community,” many who live there are volunteers, cyclists, hikers, writers, travelers, and crafters — and some still work full time. The community has 15 units and about 25 residents ranging in ages from the late 50s to 80s.
Rahima Dancy, 68, a retired teacher who moved to Silver Sage Village three years ago with her husband, said the residents eat a potluck dinner together twice a week, vote on budget priorities, and tend to each other’s needs when someone gets sick or needs a hand. Residents also contribute a monthly fee for shared expenses, such as landscape contracting, and have full access to common facilities, including the meditation, craft, and exercise rooms.
“It’s really for people who want a balance of community and privacy,” said Dancy, in an interview. “Our residents work together. We set the rules. It’s a lot different than an assisted living center where everything is determined for you.”
Shared housing and communal living is on the rise as baby boomers change the rules of traditional retirement, offering countless potential benefits to seniors, including shared responsibilities, social interaction, resource efficiency, and the ability to age in place. (Related: Why single seniors spend more on health care)
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1 University of Pennsylvania Wharton Business School, “Change in American Families: Favoring Cohabitation Over Marriage,” Feb. 19, 2025.
