New data released by co-living brand bamco shows that co-living tenants are, typically, getting older.
It says the average age of tenant in a co-living property across London has remained above 30 for the third consecutive year; rising dramatically from an average age of just 23.9 years old in 2017.
According to the data, the average age amongst bamco’s circa 1,500 tenants living in a co-living property across the capital sits at 30.3 years old in September 2025; largely unchanged from three years’ prior, with the average age recorded at 30.6 years old in July 2022.
This, however, represented a marked change to pre-covid rental trends, where bamco recorded the average age of tenant to be 23.9 years old in 2017.
The data has also highlighted a noteworthy split across London boroughs. In West London, the average age of co-living tenant stands at 30.2 years, reflecting a slightly older demographic amongst young professionals seeking co-living accommodation in boroughs such as Chiswick and Ealing.
Meanwhile, South West London, particularly hotspots such as Clapham and Balham, has proven itself to be more popular amongst younger demographics despite slightly higher rental costs, with the average age of tenant coming in at 28.6 years.
A bamco spokesperson says: “The continued rise in the average age of co-living tenants highlights the fact that professionals from a wider age bracket are embracing this way of living as a solution for navigating life in the capital. It is no longer being seen solely as a shorter-term follow-on from student accommodation for professionals moving into London in their early twenties. Co-living remains a great solution for this demographic, but the target market has definitely widened.
“The quality of homes and standards of service are two key factors driving this trend. Both have significantly improved across the industry over the last ten years, attracting a more diverse and increasingly discerning customer-base.
“Affordability is also a key factor in this shift. As the cost of living continues to rise across London, more professionals in their late twenties and thirties are choosing co-living as a smart, cost-effective way to maintain quality of life without compromising on location or amenities. As tax, legislation, interest costs continue to put strong upward pressure on rental prices, we expect this trend to continue.”
This article is taken from Landlord Today