NAICS Code 531311-02 - Apartment Sharing Service

Marketing Level - NAICS 8-Digit

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NAICS CODE 531311-02
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NAICS Code 531311-02 Description (8-Digit)

Apartment Sharing Service is a type of residential property management service that involves matching individuals seeking to share an apartment with others who are also looking for a roommate. The service typically involves providing a platform for individuals to create a profile, search for potential roommates, and communicate with them to determine if they are a good fit. Apartment Sharing Services may also provide additional services such as lease preparation, rent collection, and maintenance coordination.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 531311 page

Tools

Tools commonly used in the Apartment Sharing Service industry for day-to-day tasks and operations.

  • Roommate matching algorithms
  • Online profile creation tools
  • Communication platforms (e.g. messaging, video chat)
  • Lease preparation software
  • Rent collection software
  • Maintenance request tracking software
  • Background check services
  • Payment processing tools
  • Marketing and advertising platforms
  • Customer relationship management (CRM) software

Industry Examples of Apartment Sharing Service

Common products and services typical of NAICS Code 531311-02, illustrating the main business activities and contributions to the market.

  • Roommate matching service
  • Co-living platform
  • Shared housing service
  • Apartment sharing app
  • Roommate finder website
  • Co-housing community
  • Shared living space provider
  • Roommate search engine
  • Co-living space operator
  • Shared apartment management service

History

A concise historical narrative of NAICS Code 531311-02 covering global milestones and recent developments within the United States.

  • The Apartment Sharing Service industry has a long history dating back to the 1960s when the concept of roommates sharing apartments became popular in the United States. However, the industry gained significant momentum in the early 2000s with the advent of online platforms such as Craigslist and Airbnb, which allowed people to easily find and share apartments. In recent years, the industry has continued to grow with the emergence of new players such as Roomi, which offers a mobile app for finding roommates, and Badi, which uses artificial intelligence to match roommates based on their preferences and interests. The industry has also faced challenges such as regulatory issues and concerns over safety and security, which have led to increased scrutiny and calls for greater oversight.