Property prices for rent in Mactan (Cebu)

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

₱ 42,481.17
Average price last 6 months
₱ 924.7
Price/m² last 6 months
Average price per m2

The price per m² in Mactan has risen during the last 6 months. In June, the average price per m² was ₱ 826.02. In the following month the price per m² rose to ₱ 870.3. In the following two months the price per m² has risen 108 %, going from ₱ 848.16 to ₱ 919.38 per m². The price per m² has risen 114 % 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 ₱ 883.77 to ₱ 1,006.58 during October, and November.

Average price

When referring to the price in Mactan (cities), this has risen considerably in the last 6 months. The average price during our first sample month during June, is ₱ 34,909. During July the price went through a considerable rise reaching ₱ 42,600. During the following two months (August, September) the price has had an average rise from ₱ 38,754.5 to ₱ 43,250. Based on an analysis of the first four prices and the last two months the average price has increased 111 % during the last two months.

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 0 % more affordable than the average price of ₱ 46,065 in Mactan. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.

With regard to the average prices per m² those properties with 1 bedroom are 0 % more affordable than the average price of (₱ 1,032.45 / m²) in Mactan. Properties with the most affordable price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 0 % more affordable than the average value aforementioned.

Price per property type

With regard to the average price based on the property in Mactan we can see that the most affordable type of property is "House" at ₱ 46,065, which is 0 % cheaper than the average price. "House" has the most affordable price. This price is 0 % more affordable than the average price aforementioned.

According to the average area price by m² the most affordable property type is "House with an average cost of ₱ 1,032.45 / m². "House" with an average price of ₱ 1,032.45 / m² has the most affordable price and would be directed at less affluent cities.

Charts data
Average price November
Average price per m² November
Number of properties used in Mactan
Number of properties used in region Cebu
₱ 46,065
₱ 1,032.45
228
19,848
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value