In Mount Forest 55.3% of home owners have a mortgage on their home. 16.9% of home owners in Mount Forest spend more than 30% of their household income on shelter costs. When it comes to rented homes, 20.2% of the rented homes in Mount Forest are subsidized and the remaining 79.8% pay market rent. Subsidized housing is government sponsored economic assistance program aimed towards alleviating housing costs and expenses for people in need with low to moderate incomes. 37.8% of tenants in Mount Forest spend over 30% of their household income on shelter costs.
|Homes with a mortgage||55.30%|
|Homes spending more than 30% of household income on the home||16.90%|
|Homes that are subsidized by tax payers||20.20%|
|Rented homes where more than 30% of household income is spent on shelter costs||37.80%|