Property prices for rent in Alcoy (Cebu)

The rent prices in real estate in Alcoy, in the Cebu region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

₱ 23,862
Average price last 6 months
₱ 728.82
Price/m² last 6 months
Average price per m2

The price per m² in Alcoy has risen strongly during the last 6 months. In April, the average price per m² was ₱ 509. In the following month the price per m² rose considerably to ₱ 972. In the following two months the price per m² has risen 105 %, going from ₱ 740.5 to ₱ 780.37 per m². The price per m² has fallen 88 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of ₱ 760.43 to ₱ 665.58 during August, and September.

Average price

When referring to the price in Alcoy (cities), this has fallen in the last 6 months. In our first sample month during April, the average price is ₱ 25,255. In May This price remains at ₱ 25,064. In the following two months the average price has hardly changed with regard to the previous two months from ₱ 25,159.5 to ₱ 24,421.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from ₱ 24,790.5 to ₱ 22,005 in August and September.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of ₱ 20,984 they are 36 % more affordable than the average price for Alcoy . The properties with the highest average price have 2 bedrooms, Their price is 8 % more expensive than the average. After that we have properties with 4 bedrooms priced at ₱ 22,067.

With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of ₱ 499 / m², with an average ₱ 660.42 / m² price in Alcoy. The properties with the most affordable average prices have 2 bedrooms. They are 4 % more affordable than the average followed by properties with 4 bedrooms with a price at ₱ 576 / m².

Price per property type

The graph displaying the average rent prices displays the property type "Commercial Lot" as the most expensive one. At an cost of ₱ 20,984 it is 4 % more expensive than the average price in Alcoy. "House" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Commercial Lot". At a price of ₱ 21,844 it is 5 % more expensive than the average price.

According to the average cost per m², the most affordable property is "Commercial Lot" at an average price of ₱ 566 / m² followed by "House" priced at ₱ 576 / m². "House" is the most affordable type of property with a ₱ 576 / m² value followed by "Commercial Lot" with an average price of ₱ 566 / m².

Charts data
Average price September
Average price per m² September
Number of properties used in Alcoy
Number of properties used in region Cebu
₱ 20,984
₱ 660.42
64
21,598
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value