Property prices for rent in Balanga (Bataan)

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

₱ 42,204
Average price last 6 months
₱ 276.5
Price/m² last 6 months
Average price per m2

The price per m² in Balanga has risen strongly during the last 6 months. In September, the average price per m² was ₱ 241. In October this price barely changed remaining at ₱ 241 per m². In the following two months the price per m² has practically remained the same, going from ₱ 241 to ₱ 236.5 per m². The price per m² has had a considerable rise of 147 % 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 ₱ 238.75 to ₱ 352 during January, and February.

Average price

When referring to the price in Balanga (cities), this has risen considerably in the last 6 months. In our first sample month during September, the average price is ₱ 6,916. In October This price remains at ₱ 6,916. In the following two months the average price has hardly changed with regard to the previous two months from ₱ 6,916 to ₱ 7,142. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 1601 % during the last two months.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of ₱ 112,554 they are 94 % more affordable than the average price for Balanga . The properties with the lowest average price have 1 bedroom, Their price is 94 % more affordable than the average. After that we have properties with 3 bedrooms priced at ₱ 6,594.

With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of ₱ 190 / m², with an average ₱ 352 / m² price in Balanga. The properties with the most affordable average prices have 1 bedroom. They are 42 % more affordable than the average followed by properties with 3 bedrooms with a price at ₱ 195 / m².

Price per property type

With regard to the average price based on the property in Balanga we can see that the most affordable type of property is "House And Lot" at ₱ 6,559, which is 94 % cheaper than the average price. "House And Lot" has the most affordable price. This price is 94 % more affordable than the average price aforementioned.

According to the average area price by m² the most affordable property type is "House And Lot with an average cost of ₱ 190 / m². "House And Lot" with an average price of ₱ 190 / m² has the most affordable price and would be directed at less affluent cities.

Charts data
Average price February
Average price per m² February
Number of properties used in Balanga
Number of properties used in region Bataan
₱ 112,554
₱ 352
8
58
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value