In Chestermere 74.4% of home owners have a mortgage on their home. 21.1% of home owners in Chestermere spend more than 30% of their household income on shelter costs. When it comes to rented homes, 0.0% of the rented homes in Chestermere are subsidized and the remaining 100% 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. 48.4% of tenants in Chestermere spend over 30% of their household income on shelter costs.
|Homes with a mortgage||74.40%|
|Homes spending more than 30% of household income on the home||21.10%|
|Homes that are subsidized by tax payers||0.00%|
|Rented homes where more than 30% of household income is spent on shelter costs||48.40%|