"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"
- Alex Gibbs - bamco
New data from bamco shows that the average age of co-living tenants in the capital has remained above 30 for the third year in a row. This marks a substantial rise from an average of 23.9 years in 2017.
As of September 2025, the average age across bamco’s approximately 1,500 tenants sits at 30.3 years, largely unchanged from 30.6 years in July 2022.
The data also highlights variation across London boroughs. In West London, including areas such as Chiswick and Ealing, the average tenant age is 30.2 years, reflecting a slightly older demographic among professionals choosing co-living. Meanwhile, South West London hotspots like Clapham and Balham attract younger renters despite higher rental costs, with the average age at 28.6 years.
Alex Gibbs, co-founder and director of bamco, explained: “This trend underscores how younger professionals are prioritising vibrant communities and quality housing, even in premium areas."
"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 and interest costs continue to put strong upward pressure on rental prices, we expect this trend to continue.”
