What is Co-Living – Careville Homes

What is

Co-Living

What is coliving?

Coliving is a modern form of communal living in which residents get a private bedroom in a furnished home with shared common areas. Coliving is popular in major cities as a means of affordable living for students, workers, digital nomads, or individuals relocating. Unlike the traditional apartment lifestyle, coliving is attractive to tenants due to affordability, flexibility, included amenities, and a sense of community.

In the context of the urban housing crisis and developers in the real estate market, shared housing is one of the best and most direct means to achieve optimal density, affordable housing, and an urban community in areas such as New York and the Bay Area. In today’s sharing economy, young people—millennials, especially—have embraced the concept of sharing rides, experiences, coworking spaces, and new homes. Coliving simply makes this more accessible and convenient in major cities.

Ultimately, coliving presents a new generation of workers and travelers with a best-of-both-worlds situation. It’s all the perks of living with roommates—affordable rent, shared resources, and a built-in community—plus the peace and quiet that comes with having your own private bedroom. It’s no wonder coliving has caught on in all the world’s greatest cities.

With that said, coliving isn’t some fresh fad. While smartphone apps and work-from-anywhere jobs have made 21st-century communal living more accessible, the reality is that coliving is nothing new. People have always lived together in shared spaces and communities. From our cave-dwelling days to the Middle Ages, humans have shared living quarters—out of necessity, it’s true, but also because we wanted to.1 After all, humans are social creatures.

There’s something so fulfilling about sharing meals and swapping stories with those around you. With modern coliving, these activities are always accessible. And so is a private space that’s purpose-built for rest and reflection. As we said, it’s the best of both worlds.

What are the benefits of coliving?

If you’ve ever lived with a roommate, you know there are pros and cons to traditional shared housing. With coliving, most of these drawbacks melt away, leaving you with the benefits of communal living. Here’s what we love about coliving:

It’s affordable

First and foremost, coliving is a lower-cost alternative to big city living. Rent payments are considerably smaller than they’d be in a more traditional arrangement. You also get more bang for your buck; non-standard amenities like pools and full-service gyms that would normally be unattainable are often the norm.

It’s flexible

While typical apartment leases are often year-long, coliving arrangements can be much shorter. The flexibility to move around as needed or settle long-term is perfect for digital nomads, temporary workers, or professional wanderers

It’s easy

Coliving is apartment hunting made simple—plus, many suites are already furnished and ready for use. We also take care of the day-to-day chores that can take up your precious time.

It’s fun

Whether it’s a game night in with your fellow residents or a day out on the town, there are often exciting events in communal spaces. Coliving is never a dull moment—unless, of course, you want it to be. If you’re more of a lone wolf, you can always retire to your private room for some R&R.

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What is

What is coliving?

What are the benefits of coliving?

It’s affordable

It’s flexible

It’s easy

It’s fun

Application Form

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