To verify the prevalence and factors associated with the existence of caregivers for older people residing in a community. The research involved 230 elderly participants and their caregivers in an observational, cross-sectional, analytical investigation. The presence of a caregiver was the dependent variable, while the characteristics of the elderly were independent variables. 22% caregiver prevalence, mainly women aged ≥40, married, with ≤8 years of education, caregiving for ≥5 years, lacking training, and being the offspring of the elderly person. Factors associated with caregivers included age (≥80), pensioner status, reduced leisure engagement, impaired functional ability, multigenerational households, and not going out alone. In multivariate analysis, having a multigenerational household and not going out alone remained significant. This study underscores the connection between a multigenerational living arrangement, not going out alone, and the presence of caregivers.