Southampton Housing - Mortgages and Subsidies


In Southampton 48.3% of home owners have a mortgage on their home. 10.4% of home owners in Southampton spend more than 30% of their household income on shelter costs. When it comes to rented homes, 17.1% of the rented homes in Southampton are subsidized and the remaining 82.9% 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. 35% of tenants in Southampton spend over 30% of their household income on shelter costs.

StatisticDollar Amount
Homes with a mortgage48.30%
Homes spending more than 30% of household income on the home10.40%
Homes that are subsidized by tax payers17.10%
Rented homes where more than 30% of household income is spent on shelter costs35.00%
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