Connect with us
Apply Now


How Lumi House is Elevating the Student Experience with Cost-Effective, Flexible Housing Solutions

How Lumi House is Elevating the Student Experience with Cost-Effective, Flexible Housing Solutions

Today’s college students face the usual challenges of living off-campus, from navigating the rental market to co-existing with roommates. But some of these young adults face a much more daunting problem: A student housing crisis affecting almost half of the 20 million university students in the United States. 

Data shows that more than 56 percent of students faced housing challenges in 2021, while 21 percent said they were homeless. Universities are looking for new ways to alleviate the stress of student housing. 

One of those solutions is Lumi House, an all-inclusive, co-living digital platform for college-aged students.

A New Spin on Traditional Off-Campus Living

Founded in 2022, the Lumi team is on a mission to redefine the student housing experience. Shortly after he moved to the Miami area, where Lumi first put down its roots, the company’s CEO and co-founder Ryan Stohl recognized the urgent need for a new approach to off-campus living. 

“The process of finding and securing off-campus housing hasn’t changed much in 20 years. It’s the same stressful and aggravating experience I went through myself at that age,” explains Stohl. “But current students also have this housing crisis working against them.”

According to Stohl, an estimated 90 percent of housing developers are focused on 20 percent of the population—often affluent renters looking for luxury apartments and condominiums. Limited student-friendly rentals, coupled with rising housing costs and complex rental processes, force students into uncertainty. Or into expensive, cramped dorm rooms on campus if they are lucky enough to secure a spot.

Lumi offers students a different route to off-campus life. The platform helps students in every step of their housing search—a one-stop rental resource that lets students do most of the work from their phones. From virtual tours to digital contracts, Lumi’s rental process is straightforward and stress-free, especially for students who aren’t local to their college town.

Turning Monthly Rent Into an All-Inclusive Pricing Model

The company’s rental portfolio features 11 curated homes in Miami, Fla., like SoMi 63. Walking distance from the University of Miami campus, the home offers its student tenants a co-living experience with amenities not found in the typical college apartment. 

A student’s monthly rent is a flat-rate fee that covers everything a student needs to thrive, from furniture and parking to utilities and WiFi. Household essentials and favorite streaming services like Hulu are also included, creating an all-inclusive housing solution that combines the numerous experiences off-campus housing can accrue into one predictable cost. 

Like every Lumi home, the interior of SoMi 63 was carefully curated with its future Millennial and Gen Z renters in mind—modern, sleek, and a worthy backdrop of any Instagram shot. Most rooms start at $1,975 per month across all of Lumi’s properties.

The Cool Landlord You Always Wanted

“We want to help students find a perfect space away from campus, but we also want to help them thrive there,” Stohl says. “We’re trying to do what boutique hotels did to the hotel industry and create an elevated student housing experience.”

The Lumi team is always there to ensure a positive rental experience for tenants. Houses on Lumi’s platform get round-the-clock support for maintenance and service requests. Homes also receive landscaping and bi-weekly cleaning services, which are included in students’ monthly rent. Happy tenants also benefit the many homeowners turning to Lumi as a full-service, technology-driven property management solution. 

The proptech brand is already celebrating success in its local market, including connections with the University of Miami to help expand off-campus housing options for next year’s students. Lumi also plans to expand into Boston and Atlanta this summer following its pre-seed investment round. 

“There is a better way to do off-campus housing, and we are defining that approach with Lumi. Students have enough to worry about these days. But a clunky 20-year-old rental process shouldn’t be one of them,” says Stohl. Students, parents, landlords, and interested education partners can tour Lumi’s all-inclusive student housing rental platform at lumi.house.

Continue Reading

Copyright © 2022 Disrupt ™ Magazine is a Minority Owned Privately Held Company - Disrupt ™ was founder by Puerto Rican serial entrepreneur and philanthropist Tony Delgado who is on a mission to transform Latin America using the power of education and entrepreneurship.

Disrupt ™ Magazine
151 Calle San Francisco
Suite 200
San Juan, Puerto Rico, 00901

Opinions expressed by Disrupt Contributors are their own. Disrupt Magazine invites voices from many diverse walks of life to share their perspectives on our contributor platform. We are big believers in freedom of speech and while we do enforce our community guidelines, we do not actively censor stories on our platform because we want to give our contributors the freedom to express their opinions. Articles are not commissioned by our editorial team, and opinions expressed by our community contributors do not reflect the opinions of Disrupt or its employees.
We are committed to fighting the spread of misinformation online so if you feel an article on our platform goes against our community guidelines or contains false information, we do encourage you to report it. We need your help to fight the spread of misinformation. For more information please visit our Contributor Guidelines available here.

Disrupt ™ is the voice of latino entrepreneurs around the world. We are part of a movement to increase diversity in the technology industry and we are focused on using entrepreneurship to grow new economies in underserved communities both here in Puerto Rico and throughout Latin America. We enable millennials to become what they want to become in life by learning new skills and leveraging the power of the digital economy. We are living proof that all you need to succeed in this new economy is a landing page and a dream. Disrupt tells the stories of the world top entrepreneurs, developers, creators, and digital marketers and help empower them to teach others the skills they used to grow their careers, chase their passions and create financial freedom for themselves, their families, and their lives, all while living out their true purpose. We recognize the fact that most young people are opting to skip college in exchange for entrepreneurship and real-life experience. Disrupt Magazine was designed to give the world a taste of that.