The affordability of owning a home indicates an individual’s capacity to pay off all the expenditures required. The concern regarding the ability to possess a home is typically debated based on several aspects that impact home ownership. Several aspects impact an individual’s capacity to afford a house such as house cost, family income and expenses, educational qualification, and other aspects. This study aims to evaluate household income and expenditure as determinants of the affordability of house ownership. Usually, an individual can own a home if the family’s income can support the property’s monthly rent and household expenses, and vice versa. This paper uses a survey report to extract data concerning household income, essential necessities, and family expenses for year 2019. This sample was chosen using the purposive sampling approach. Qualitative techniques were used for evaluation. Study outcomes indicated that household earnings and expenses are the critical aspects influencing homeownership ability.