Room Mates Using Venmo To Split Housing costs.

See the discussion below, it would appear you do have to report the rental income and unfortunately go through the hassle of filling out the extra schedules, but the good news is you would be able to offset that with the house expenses associated with the "renters" (ie: mortgage interest, property taxes, utilities, repairs, ...) which based on your description would more than likely offset the rental income and would result in a net no impact to your taxes.

Do I have to claim income from renting a room in my primary residence if I'm not making any money comparative to costs? (intuit.com)

If you are charging rent for space in your home, and it is at or above fair rental value (FRV), then you must include this income on your tax return as rental income on Schedule E.

If  you rent it at less than FRV then the income is still reportable and taxable, however it is reported differently.  See the information from IRS Publication 527.

• Not Rented for Profit

  If you don’t rent your property to make a profit, you can’t deduct rental expenses in excess of the amount of your rental income. You can’t deduct a loss or carry forward to the next year any rental expenses that are more than your rental income for the year.

  • Where to report.  Report your not-for-profit rental income on Schedule 1 (Form 1040), line 8. If you itemize your deductions, include your mortgage interest and mortgage insurance premiums (if you use the property as your main home or second home), real estate taxes, and casualty losses from your not-for-profit rental activity when figuring the amount you can deduct on Schedule A.

Essentially the expenses are allowed as itemized deductions if you use this.  If not, you would use the standard deduction and the rental income must still be included.