What Is Home Sharing — and Is It Right for You?

Kate Almeda
Jul 8
2 min read

If you've ever looked at your extra room, basement suite, or backyard cottage and thought, Could I rent this out? — you're not alone. More and more homeowners are turning to home sharing as a flexible, community-centered way to earn income using the space they already live in.

But what exactly is home sharing? And how do you know if it’s the right fit for your lifestyle?

✨ What Is Home Sharing?

Home sharing is when you rent out part of your primary residence to guests — either short-term, mid-term, or long-term. You might offer:

🛏️ A private room in your house
🚪 A basement or garage suite with a separate entrance
🏠 A detached ADU or guesthouse in your backyard

Unlike full-time vacation rentals or investment properties, home sharing means you live on-site. This adds a layer of personal connection and responsibility — and often leads to great experiences for both host and guest.

💸 Why People Choose Home Sharing

Home sharing is more than just a way to make extra money (though that’s a huge benefit). Here's what draws people in:

Extra income to help with the mortgage, save for goals, or cover rising costs
Flexibility to rent when you want, as often as you want
Connection to travelers, families, and professionals from all walks of life
Positive community impact through lower-barrier, responsible rentals

❓ Is Home Sharing Right for You?

Ask yourself these four key questions:

1. Do you have a private, guest-ready space?

Even a small, clean, thoughtfully furnished room can be perfect. Add good lighting, cozy linens, and a few personal touches.

2. Are you comfortable with guests in or near your home?

You don’t need to be extroverted, but you should be okay with occasional interaction, shared spaces, or living nearby.

3. Can you communicate clearly and kindly?

Setting expectations and being responsive goes a long way. Hospitality is part mindset, part messaging.

4. Does your city allow it?

Many cities require a permit or registration. Check your local regulations—or contact us if you need help figuring them out!

🌿 Start Small, Start Smart

You don’t need to turn your life upside down or renovate your whole home. Many hosts start by offering 1–2 nights a month or testing things out with friends and family.

At Home Share Host Hub, we’re here to help you take the first step—with support, strategy, and no pressure.