This article uses the Beijing survey data from the “Living conditions of residents in megacities in the new era” conducting in 2019 to analyze the housing condition of urban residents in Beijing in terms of their housing property rights，housing level，residential stability，housing pressure，and subjective evaluation of housing. The research shows that the housing ownership rate of urban residents in Beijing is about 66.7%，and the living standard is generally at a well-off level，but there are also a certain proportion of people with living difficulties；most residents are in a stable state of residence，most of the reasons for renting a house are children’s education，working place and so on. Of all the residents，those who buy houses with loans and those who rent houses take the greater pressure on housing expenditures，Concretely，the loan repayment accounts for 32.5% of the household expenditure，and the rental expenditure accounts for 33.2% of the total household expenditure. Although the housing expenditure is high，it is still within the safe range. Most urban residents in Beijing have a medium and a higher level of subjective evaluation of their residential housing，but there are about 20% people have a low evaluation of their residential housing. The housing ownership affect their attitude towards to property tax. In a word，housing is the basic demand and the largest asset of urban residents’. Housing policy should be based on that the “Houses are for living in and not for speculative investment” to relieve the housing pressure of the group with housing difficulties，and improve people’s living condition.