Through shared rental housing, Alcove improves access to housing, creating more living opportunities in high-density cities.
Access to affordable housing in the US is one of the biggest challenges renters face, due to housing shortages and high rental prices.
An increasing population in desirable city locations is not only pushing up prices but also making it harder to find good-quality housing.
Shared rental housing offered by Alcove is redefining access to housing across the US, connecting renters to affordable homes and creating shared housing communities near desirable cities.
It’s no secret that there is a housing crisis going on in the US. Population growth and more urban migration for jobs have meant construction has been unable to keep up with demand, causing limited supply and rising rent prices.
This has forced renters to look outside of their preferred areas, and landlords are struggling to find tenants.
The imbalance of supply and demand is one of the reasons we started our shared housing platform, Alcove, to help landlords get more consistent occupancy and renters find affordable housing in desirable locations near where they need to work or study.
High-density cities in the US, such as New York, Atlanta, and Austin, are facing high-density populations without enough homes, with traditional leasing methods often meaning that landlords face empty occupancy.
With our shared housing platform, we match renters to compatible living spaces, make better use of housing, and lower individual renting costs, reducing the pressure on the urban housing market.
Shared housing is an excellent solution for high-density cities since it encourages a smarter usage of existing housing without the need for new construction.
Apart from this, despite high-density cities having such a big population, isolation is also common when moving to a big city. Shared housing encourages renters to improve their relationships, creating small communities in urban environments.
Finding affordable rentals in popular cities like Atlanta or Raleigh is no easy task. Here are a few tips we recommend:
Look at nearby suburbs - Try looking at nearby suburbs to the city with easy transport links. Housing in these areas will often be more affordable.
Try flexible leasing - Flexible leasing from 3-6 months rather than a full 12-month contract can be kinder to your budget upfront. Alcove offers flexible leasing terms.
Leverage shared housing - Renting a private room in a shared home reduces costs while giving you access to quality housing in prime locations.
Start looking early - Looking early gives you a higher chance of finding the right accommodation for your budget and gives you time to negotiate.
Use verified platforms - Verified platforms like ours at Alcove vet our listings and roommates as well as the landlords to protect you from scams and time-wasters.
Our mission at Alcove is to make rental housing simpler and fair for everyone, no matter your budget. Finding a place to live shouldn’t be a lengthy process, and it shouldn’t mean sacrificing quality and community.
Renters on Alcove can browse verified listings in their location of choice, match with compatible roommates, and pay their rent through the Alcove platform with utilities included to take the stress out of renting.
For homeowners, joining our Alcove platform will help fill your rooms quickly with vetted tenants and maintain a steady occupancy. This helps with access to housing, turning underused homes into affordable rentals.
We aim to help bridge the gap between demand and supply, especially in high-density urban areas where rental prices are high, competition is high, and housing is limited.
At our core, Alcove is more than just renting; it’s about creating micro communities with our shared housing spaces.
Roommates aren’t just matched at Alcove by budget or preference; we also take into account lifestyle and interests to improve relationships between renters.
From easy communication channels with the Alcove team to clear rental terms and no hidden costs, Alcove has developed site best practices to keep renting stress-free and enjoyable.
By redefining how modern shared housing looks, we are helping shape a future where housing is more accessible, affordable, and community-driven.
Learn more about our Alcove platform here.