If you’ve ever felt stuck in strict lease terms with no flexibility, frustrated by the high costs of living alone or disconnected in a city full of people, you’re not alone. The way we live is changing, and Akara Living is designed for those who want more — more flexibility, more community and more ease in their everyday life.
That’s where the third space comes in. Coined by sociologist Ray Oldenburg, it’s the in-between spot where life happens — blending places like coffee shops, parks, and shared lounges into a space where people can relax and feel part of a community.
But in today’s fast-paced cities, it’s getting harder to find these spaces. Akara Living integrates the third space into a shared living, creating environments where home, work and social life naturally intersect.
In this article, we’ll explore how shared living embraces the third space concept, making urban life more affordable, flexible and connected so you can live on your terms without sacrificing community.
What Is Shared Living?
Shared living, co-living or roommate share floor plans is a modern take on housing where people live together in shared spaces designed for connection and convenience. Rather than traditional apartments, residents have private rooms while sharing kitchens, lounges and work areas, creating a built-in social experience and making city living more affordable.
Here’s a breakdown of common shared living arrangements:
- Coliving Spaces: Fully furnished apartments with private rooms and shared common areas like kitchens and lounges designed to encourage social interaction and a sense of belonging.
- Flexible Leases: Perfect for digital nomads, young professionals and students who need short-term or adaptable rental options without long-term commitments.
- Communal Living: Spaces designed to encourage collaboration and connection, where residents interact naturally in shared lounges, kitchens and coworking areas.
With housing costs soaring and rental prices increasing by nearly 30% in major cities over the past few years, finding an affordable place to live can feel impossible. Shared living offers a solution by providing private spaces with shared common areas, making city life more accessible and connected.
The Third Space: More Than Just a Place to Crash
With packed schedules and rising rents, having a place to connect outside of work and home isn’t always easy. Akara Living solves this by integrating those social spaces right where you live. Here’s what that looks like:
- Coworking Spaces and Lounges: Get things done in a space that isn’t your bedroom, then kick back and actually enjoy where you live.
- Community Kitchens and Shared Spaces: Cook, eat and hang out with people who turn from neighbors into friends.
- Events and Social Programming: Grab a drink at a community happy hour or meet new neighbors at a rooftop gathering — there’s always something bringing people together.
Why Shared Living Appeals to Modern Urbanites
Affordability and Flexibility
Between rent, utilities and furniture costs, expenses add up fast. In fact, studies show that sharing a living space can cut housing costs by 30% or more compared to renting solo.
Shared living makes city life more affordable with flexible leases and fully furnished spaces, so you avoid the upfront costs and long-term commitments of traditional rentals. Students, digital nomads and professionals alike benefit from a living setup that adapts to their lifestyle.
Community and Connection
Shared kitchens turn everyday meals into social moments; coworking spaces make it easy to meet people with similar goals and community events bring everyone together. If you’re seeking meaningful connections in the city, shared living introduces you to like-minded people and creates opportunities to turn neighbors into friends.
Convenience and Amenities
City living can be stressful, which is why your lifestyle should make it easier. Imagine stepping into a place with fully furnished apartments, high-speed internet and thoughtfully designed common areas that make life more convenient. If you need a quiet place to focus, then you can work in the coworking lounge. Or if staying active is important to you, many living spaces like Akara Living offer a 24-hour fitness center.
Akara Living: A Bold New Take on Shared Living
Finding a place to live in the city shouldn’t mean sacrificing flexibility, connection or comfort. Long leases, high costs and isolation make traditional renting frustrating.
Akara Living changes that by offering a community-driven experience, modern conveniences and flexible options designed to fit your lifestyle so you can focus on living, not just finding a place to stay.
Designed for Connection and Comfort
Experience a balance of privacy and connection at Akara Living. Thoughtfully designed layouts give you personal space while encouraging interaction in shared areas like lounges, coworking hubs and community kitchens. Engage in social programming from networking events to group fitness classes that make meeting new people feel natural, not forced.
Live on Your Terms and Your Time
Forget the headache of strict lease terms, heavy furniture and setup costs. Akara Living provides fully furnished apartments with flexible lease options, complete with modern furniture, high-speed Wi-Fi and move-in-ready essentials like:
- Individual lease terms
- In-home washer and dryer
- Fully equipped galley kitchen with dishwasher, stove top, disposal, built-in convection oven and a refrigerator with an ice maker.
- Modern underneath cabinet lighting
- Soft-close cabinets
- Private bedrooms and en-suite bathrooms
- Smart TV in Common Areas
- Coveted corner apartments with walls of windows
- Floor-to-ceiling windows on North and West facing views
- Queen size bed, headboard and frame
- Bedside table, built-in charging station
- Spacious rainfall, glass-enclosed shower with space-saving pocket door
- Oversized coffee table
- Mobile island seating with bar stools
- Walk-in closets (varies by floorplan)
A Space That Works for You
Balancing work and life is easier when your home is built for both. With high-speed Wi-Fi, coworking lounges and soundproof meeting rooms, productivity is always within reach. When it’s time to unwind, fitness centers, rooftop spaces and shared dining areas give you space to recharge without leaving home.
At Akara Living and Kenect properties, shared housing isn’t just about convenience — it’s about creating a vibrant, connected community where you can truly live, work and thrive.
Shared Living In Action: How It Can Work for You
Here’s how you can benefit from shared living:
- Find Your Professional Network: Just moved to a new city for work? Instead of navigating it alone, shared living connects you with people in similar fields. Coworking spaces are just steps from your door, and regular community events make networking and making friends effortless.
- Live and Work Anywhere: If you’re a digital nomad, you know the struggle of finding short-term leases that don’t lock you in. Shared living offers fully furnished spaces with flexible terms, so you can move freely while always having a comfortable place to call home.
- Start Fresh in a New City: Moving for school or a new chapter? Shared spaces like community kitchens and lounges make it easy to meet people. What starts as casual conversations over coffee often turns into real friendships that make a new city feel like home.
The Future of Shared Living: Reinventing the 3rd Space
City living is evolving, and shared living is at the forefront of that change. As more people seek flexibility, sustainability and community, the future of shared living is shaping up to be more adaptable than ever. Here’s what’s driving the next generation of living spaces:
- Sustainable, Smarter Spaces: With rising demand for eco-conscious living, shared spaces are incorporating solar-powered energy systems, water-efficient appliances and waste-reduction programs like composting and bulk-buying initiatives. Smart thermostats and motion-sensor lighting also help cut down on energy use while keeping costs low for residents.
- Tech-Enhanced Living: From app-based community hubs that let you RSVP to events to easy maintenance requests, technology is making it easier than ever to stay connected.
- Spaces That Adapt to You: The way we live, work and socialize is always changing. Shared living embraces this shift with modular furniture that transforms a living room into a workspace, soundproof booths for remote calls and flexible lease options that let you stay for a few months or a few years — whatever fits your lifestyle best.
City life is constantly evolving, and so are your needs. At Akara Living, we’re here to create spaces designed with you in mind — making your life more connected, convenient and ready for whatever the future holds.
Step Into a Home That Works for You
Your home should match the way you live, work and connect. Akara Living makes it simple with flexible leases, fully furnished spaces and a built-in community that makes city life easy. No more dragging a couch up the stairs or spending weekends assembling furniture — just show up, unpack and start living your best life from day one.
Ready to find a place that fits your lifestyle? Learn how you can find a home that best fits you.
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