SplitSpot’s on the move! We’re expanding our flexible room rental platform to three new cities across the country: Philadelphia, Chicago and Seattle.
The addition of these new markets means we’re now operating in six metro areas! We’ll of course still be providing ease, access, and affordability to renters and landlords in our initial strongholds of Boston, New York, and Washington D.C, as well.
If you don’t know us here at SplitSpot, we’re the trusted platform that helps heal apartment rental headaches for tenants, landlords and property owners. SplitSpot apartments provide renters with flexible leases, no broker or application fees, a low $400 security deposit, and pre-screened roommates. Landlords and property managers like us because we match renters with their vacant units and handle day-to-day hassles like rent collection, maintenance requests, and move-outs.
In 2021, we tripled the number of rooms available on our platform and matched over 1,000 roommates. We’re pleased to kick off 2022 by starting to add even more options across the U.S.
Here’s what you need to know about our exciting new expansion:
Taking on New Territories
Our humble beginnings trace back to the Boston metro area, a difficult rental market that’s defined by high prices, 12-month leases, and a rigid renting cycle based around a September 1st move-in day. When we started back in 2019, we always had a vision to expand our offerings to cities that face similar challenges in their rental markets.
Last year, we announced our expansion into New York City and Washington, D.C. Adding Philadelphia to the mix now means we’ve solidified our presence in all the major cities in the Northeast.
We’re excited to bring rental remedies to the Midwest and West Coast with the additions of Chicago and Seattle. Ultimately, we envision a world where renters and landlords are using SplitSpot in every major city across the country.
Increasing Housing Affordability and Accessibility for Renters
Ready for some numbers? Here’s a few stats to frame the conversation:
- 49% of Americans say the availability of affordable housing in their community is a major problem – up 10% from four years ago
- Philadelphia, Chicago, and Seattle all rank in the top 25 most expensive cities in the U.S in terms of average one-bedroom rent
- $1,697: National average monthly rent for a one-bedroom apartment
- $1,078: Median monthly rent price on SplitSpot in 2021
Housing and rental prices are on the rise, and our three new cities represent particularly expensive markets. Everyone deserves a great place to live, but there aren’t enough options out there.
SplitSpot has proven to offer more affordable units for renters. Combine that with our flexible terms, and we’re a renters best friend. That’s why we’re so excited to bring new metro areas into our network!
Looking for the perfect apartment in Philly, Chicago or Seattle? You can browse available SplitSpot units on our platform today.
Helping Landlords in Philly, Chicago, and Seattle
Landlords don’t always have it easy either. Vacant rooms in multi-bedroom apartments are difficult to fill, and they burn a hole in any landlord’s pocket. Finding new tenants is difficult, especially with day-to-day responsibilities like maintenance requests, move-outs, and looking for new properties.
SplitSpot helps with all these issues. We market properties, pre-screen roommates, and triage maintenance requests. On average, it takes just 2.6 weeks to fill a room once it’s listed on SplitSpot.
If you’ve got open rooms in any of our new cities, reach out to partner with SplitSpot. We’d love to work with you!
Join Our Growing Team!
We’re looking for more people that are passionate about building an apartment rental network on a foundation of trust.
Send us an email at [email protected] if you’re interested in joining the team. Soon we’ll be bringing SplitSpot to even more cities across the country. Come along for the ride!