65, single, seeking a roommate: More seniors are being priced out of living alone

The share of older adults seeking roommates has tripled in a decade, driven by financial pressures and housing costs, increasing exposure to rental scams and fraud targeting seniors. This demographic shift affects housing market stability and exposes vulnerable individuals to social engineering and identity theft risks. Immediate awareness and protective measures are critical to mitigate risks.

Roommates overall are skewing older, as young people stay with their parents for longer. The share of older adults looking to rent with a roommate has tripled from a decade ago.