Benefits of Coliving Communities

Coliving communities have been springing up from New York City to California. That’s because this lifestyle fills a very specific need: It provides low-cost living in an interesting setting with like-minded people.

5 Benefits of Communal Living Communities

Until recently, there were pretty much only two choices when it came to housing—renting or owning. Let’s take a look at five of the benefits offered by the third option, coliving.

You’ll Pay Less Each Month

This is the time of your life to travel, try new things, and enjoy your independence. All of that can be hard to do if the vast majority of your income goes toward rent or a mortgage. That’s why coliving appeals to so many people. It gives you the financial freedom you need to live life the way you want to.

You Don’t Need to Buy Furniture

In addition to saving money on rent or a mortgage, you won’t have to shell out thousands of dollars for things like furniture, pans, dishes, and appliances.

You’ll Be Sharing a Home with Like-Minded People

In most coliving communities you won’t just be sharing a home; you’ll be sharing certain values, including a commitment to sustainability, wellness, and a sense of discovery that is more about adventure than consumerism.

You’ll Have a Built-in Social Life

Coliving communities are far more than just a place to crash. While each community is, of course, different, you’re likely to find a wide variety of social gatherings, including everything from Sunday brunch to sunset yoga. Some communities even offer organized weekend get-aways.

No Long-term Commitment

Owning a home is obviously going to tie you down, but so can renting. Coliving allows you the freedom to switch gears quickly and create the life you want for yourself.

Need More Storage Space?

There are so many positives to coliving, but there’s also a potential downside—lack of storage space. By renting a self storage unit, you can have the best of both worlds—the benefits of coliving and the ability to still engage in your favorite activities like camping or snowboarding. At StorageMart, all of our units can be rented on a month-to-month basis and are always clean and well-lit. Need more info? Learn how you can easily rent a unit online today.