As rental prices continue to climb, more people are turning to shared living arrangements to manage costs. But finding a trustworthy roommate can still feel like a gamble. Scams, mismatched lifestyles, and a lack of transparency have made the search process stressful for many. Even with endless listings online, choosing a stranger to share a home often feels rushed and risky. 

A wave of new technology is helping make the process safer, faster, and more reliable.

How Tech Is Solving Roommate Challenges

Advances in app development and AI are making it easier to avoid scams and find better matches. New platforms now offer features like identity verification, AI scam detection, and secure payment processing, all aimed at building user trust.

Instead of relying on basic classified ads or informal Facebook groups, renters can use services that screen hosts and tenants. Some platforms also incorporate lifestyle matching, helping users find people who align with their habits and schedules.

“People aren’t just looking for a place to live—they’re looking for a safe, comfortable environment,” confirms Kal Merhi, founder and CEO of iROOMit. “It had to be more than just a listing site—it needed to be a platform that redefined the user experience with cutting-edge tech.”

iROOMit’s Approach to Secure Shared Living

Launched to improve the shared housing experience, iROOMit uses a combination of AI and real-world safety tools. Listings and landlord profiles are verified before being posted. Its AI scans for signs of fraud and flags suspicious activity quickly, reducing the risk of scams.

iROOMit also protects transactions through in-app communication and secure payment processing through Stripe. Their AI roommate matching system focuses on compatibility, matching users based on lifestyle and habits, not just budget and location.

The platform’s approach seems to be working. Between 2023 and 2024, iROOMit reported a 500% increase in growth, with a 400% rise in revenue and user acquisition since April 2024. 

The Market Opportunity

The demand for affordable shared living spaces is rising. Experts estimate that the global room rental market is worth over $200 billion. With higher living costs pushing more people toward shared housing, the need for safer, tech-enhanced solutions is only expected to grow. 

Several factors are fueling this demand: 

  • Rising rent prices in urban areas
  • Increased remote work flexibility, allowing relocation
  • Growing preference for cost-sharing among younger generations
  • Scarcity of affordable housing in major cities
  • Rising awareness around scam prevention and secure payments

Platforms that combine AI verification, real-time communication, and secure financial handling are starting to define the next wave of housing tech. They offer faster, more reliable options at a time when scams and fraud have made renters wary.

The Future of Shared Living

Shared housing is no longer a backup plan; it’s the only option for many. The market expands, and companies prioritizing user safety and improving the overall experience will likely shape how people find and share homes. 

Whether you are searching for a trusted roommate or a reliable tenant, new tech-driven platforms are making the process safer and more secure than ever.