10/06/2026
Have you heard of co-living as a real estate strategy? If you own rental properties, it’s worth understanding if you want to earn more revenue.
Here is the basic idea. Instead of renting a 4-bedroom house to one tenant, you rent each room individually to working adults. Each person has a private room and shares common areas. They pay weekly, utilities included, no big deposit required.
For the owner, that same house can go from $2,700 a month as a traditional rental to over $6,000 a month through PadSplit, depending on your market.
Results vary by market, property, and occupancy rate.
PadSplit handles room listings, member screening, and rent collection. Rooms fill in under 7 days on average. Their eviction rate is 1.3%, compared to the national average of around 7.5%. (These are PadSplit platform averages. Individual results may vary)
The residents win too. Working adults who cannot come up with the first month plus deposit plus utilities can actually get housed. The average member stays 9.5 months, and 25% stay over a year.
Run the numbers at https://link.padsplit.com/ken
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Become a PadSplit host and maximize your rental income. Turn your property into a coliving space, support affordable housing, and grow your earnings.