Property prices for rent in Mandaue (Cebu)

The rent prices in real estate in Mandaue, 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.

₱ 100,737.33
Average price last 6 months
₱ 555.34
Price/m² last 6 months
Average price per m2

The price per m² in Mandaue has risen strongly during the last 6 months. In September, the average price per m² was ₱ 412.63. In the following month the price per m² rose considerably to ₱ 551.9. In the following two months the price per m² has risen 111 %, going from ₱ 482.27 to ₱ 535.55 per m². The price per m² has had a considerable rise of 127 % 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 ₱ 508.91 to ₱ 648.22 during January, and February.

Average price

When referring to the price in Mandaue (cities), this has fallen considerably in the last 6 months. The average price for September is ₱ 181,469. During October the price had a considerable fall till ₱ 129,069. During the following two months (November, December) the average price had a considerable fall of 66 % 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 ₱ 128,775.75 to ₱ 44,660.5, which means a 35 % fall.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of ₱ 52,353 they are 54 % more affordable than the average price for Mandaue . The properties with the lowest average price have 4 bedrooms, Their price is 0 % more affordable than the average. After that we have properties with 3 bedrooms priced at ₱ 29,978.

With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of ₱ 281 / m², with an average ₱ 683.66 / m² price in Mandaue. The properties with the most expensive average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 434 / m².

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of ₱ 52,353 it is 94 % more affordable than the average price in Mandaue. "House" is seen as the second most affordable property type. The most expensive property type is "Condominium" followed by "Lot". At a price of ₱ 67,125 it is 119 % more expensive than the average price.

According to the average cost per m², the most affordable property is "Condominium" at an average price of ₱ 260 / m² followed by "Lot" priced at ₱ 263 / m². "House" is the most affordable type of property with a ₱ 638 / m² value followed by "Commercial Lot" with an average price of ₱ 359 / m².

Charts data
Average price February
Average price per m² February
Number of properties used in Mandaue
Number of properties used in region Cebu
₱ 52,353
₱ 683.66
212
10,570
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value