Property prices for rent in Lipa City (Lipa City)

The rent prices in real estate in Lipa City, in the Lipa City region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.

₱ 27,877.67
Average price last 6 months
₱ 255.67
Price/m² last 6 months
Average price per m2

The price per m² in Lipa City has fallen during the last 6 months. In December, the average price per m² was ₱ 276.11. In the following month the price per m² rose to ₱ 312.46. The price for the following two months in (February, March) had a considerable fall of 78 with regard to the previous two months. The price per m² has fallen 94 % 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 ₱ 261.22 to ₱ 244.57 during April, and May.

Average price

When referring to the price in Lipa City (cities), this has fallen considerably in the last 6 months. In our first sample month during December, the average price is ₱ 57,814. In January This price remains at ₱ 55,750. During the following two months (February, March) the average price had a considerable fall of 23 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from ₱ 34,795.5 to ₱ 14,042, which means a 40 % fall.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 1 % more affordable than the average price of ₱ 14,790 in Lipa City. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 1 % more affordable than the average aforementioned.

With regard to the average prices per m² those properties with 1 bedroom are 40 % more affordable than the average price of (₱ 136 / m²) in Lipa City. Properties with the most affordable price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 40 % more affordable than the average value aforementioned.

Price per property type

The graph displaying the average rent prices displays the property type "Commercial Lot" as the most affordable one. At an cost of ₱ 14,917 it is 60 % more affordable than the average price in Lipa City. "Condominium" is seen as the second most affordable property type. The most affordable property is "House" followed by "Lot". At a price of ₱ 14,715 it is 1 % more affordable than the average price.

According to the average cost per m², the most affordable property is "Commercial Lot" at an average price of ₱ 42 / m² followed by "Condominium" priced at ₱ 116 / m². "House" is the most affordable type of property with a ₱ 136 / m² value followed by "Lot" with an average price of ₱ 131 / m².

Charts data
Average price May
Average price per m² May
Number of properties used in Lipa City
Number of properties used in region Lipa City
₱ 14,917
₱ 226.18
146
150
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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