The ability to afford a decent house is a critical aspect of human well-being. We will establish to understand housing affordability among low-income earners in Akure, Ondo State, Nigeria.  Affordability is one of the major factors in housing. Despite the various efforts to improve housing, problems of affordability persist in Nigeria. The rapid population growth and urbanization have not been matched by a sufficient supply of adequate and affordable housing. In Nigeria, the housing problems notably include the quantitative inadequacy of housing that is affordable for low-income households. Affordable housing means that it does not cost more than a reasonable percentage of the income of the occupant household. The Nigerian scholars, Nwaba and Kalu reviewed measures of housing affordability across the globe. They observed that in the USA, 30% of income for housing (including utilities) is the standard threshold. In the UK, affordable rents are below 25% of household income for new tenants. In Australia, the 30% housing cost benchmark to income ratio is used to define potential affordability problems.

Affordable housing is that which does not cost more than a reasonable percentage of the income of the occupant household. Nigerian scholars, Nwaba and Kalu, reviewed measures of housing affordability across the globe. They revealed that, in the USA, 30% of income for housing (including utilities) is the standard threshold. Anything above this percentage is regarded as being ‘housing cost burdened’, and those spending over 50% are seriously or severely cost burdened. In the UK, affordable rents as those below 25% of household income for new tenants. In Australia, the 30% housing cost benchmark to income ratio is used to define potential affordability problems. Cox and Partelich explains that for a metropolitan area to be rated as being affordable, housing prices should not exceed three times gross annual household income.