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.
Denver is the fastest growing city for roommate searches
May 2024 - SpareRoom analyzed over 15 million roommate searches over a two year period* to see which key US cities saw the biggest growth in roommate searches, as well as which proved most popular.
Read moreQueens dominates fastest-growing NYC neighborhoods list
May 2024 - SpareRoom analyzed over 15 million roommate searches over a two year period* to see which neighborhoods saw the biggest growth in roommate searches, as well as which proved most popular.
Read moreSouthern cities best for entrepreneurs
May 2024 - If you’re an aspiring entrepreneur looking to relocate, it’s likely that the San Francisco Bay Area and New York are the first two destinations that come to mind. However, according to new data from SpareRoom, southern cities are more likely to be home to budding business owners.
Read moreThe 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.
Read moreNew 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
Read moreRents 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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