The recently formed group is operated by a steering committee of six that includes the Australian Council of Social Service and has 60 national housing, welfare and community sector members.

The group's campaign manager, Sarah Toohey, said the study, conducted by the National Centre for Social and Economic Modelling, found housing stress was being felt by both renters and those buying their home around the country.

Housing stress is when a household pays more than 30 per cent of its income on housing.

Ms Toohey said Tasmanians earning the national minimum wage of $589 would find it hard to cover the average weekly cost of a Hobart rental property at around $320.

"If you're on the minimum wage that's a lot more than 30 per cent," Ms Toohey said.

"Even if it's a more affordable property, if you're working and on a low income, it's not affordable."

She said when you factor in children, their needs and bills, people were being stretched even further.

Ms Toohey said she had spoken with a Tasmanian mother with three children who was trying to get by on a single income and was paying a third of her wage on a rental property.

On top of this the same woman was trying to find $1800 to cover the cost of her last quarterly heating bill.

Ms Toohey said the research found Tasmanians were slightly better off when compared with other states as the cost of living was less but so were wages.

In a closer look at the study's figures, 39.9 per cent of those in the private rental market and 17 per cent of those with a mortgage in the Launceston City Council area were under stress.

Forty-four per cent of those privately renting and 20 per cent of those with mortgages in George Town were suffering housing stress.