Property prices for rent in Manila (Metro Manila)

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

₱ 25,389
Average price last 6 months
₱ 759.59
Price/m² last 6 months
Average price per m2

The price per m² in Manila has risen during the last 6 months. In March, the average price per m² was ₱ 689.2. In the following month the price per m² rose to ₱ 724.97. In the following two months the price per m² has risen 112 %, going from ₱ 707.09 to ₱ 790.87 per m². The price per m² has hardly changed in the last two months compared to the average price of the previous four months going from an average price of ₱ 748.98 to ₱ 780.83 during July y August

Average price

When referring to the price in Manila (cities), this has risen considerably in the last 6 months. In our first sample month during March, the average price is ₱ 22,309. In April This price remains at ₱ 23,354. During the following two months (May, June) the average price had a considerable rise of 117 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 108 % during the last two months.

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 ₱ 26,174 they are 12 % more affordable than the average price for Manila . The properties with the highest average price have 4 bedrooms, Their price is 279 % more expensive than the average. After that we have properties with 3 bedrooms priced at ₱ 71,320.

With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of ₱ 576.82 / m², with an average ₱ 754.78 / m² price in Manila. The properties with the most expensive average prices have 2 bedrooms. They are 10 % more expensive than the average followed by properties with 4 bedrooms with a price at ₱ 717.27 / m².

Price per property type

The graph displaying the average rent prices displays the property type "House And Lot" as the most affordable one. At an cost of ₱ 26,174 it is 19 % more affordable than the average price in Manila. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Townhouse". At a price of ₱ 63,011 it is 365 % more expensive than the average price.

According to the average cost per m², the most affordable property is "Townhouse" at an average price of ₱ 607.71 / m² followed by "House And Lot" priced at ₱ 652 / m². "House" is the most expensive type of property with a ₱ 1,007.41 / m² value followed by "Apartment" with an average price of ₱ 799.38 / m².

Charts data
Average price August
Average price per m² August
Number of properties used in Manila
Number of properties used in region Metro Manila
₱ 26,174
₱ 754.78
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value