Property prices for rent in Paranaque (Rizal)

The rent prices in real estate in Paranaque, in the Rizal region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

₱ 45,419.17
Average price last 6 months
₱ 460.58
Price/m² last 6 months
Average price per m2

The price per m² in Paranaque has had a strong fall during the last 6 months. In February, the average price per m² was ₱ 782.97. In the following month the price per m² fell to ₱ 694.05. The price for the following two months in (April, May) had a considerable fall of 82 with regard to the previous two months. The price per m² has had a considerable fall of 6 % 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 ₱ 672.22 to ₱ 37.29 during June, and July.

Average price

When referring to the price in Paranaque (cities), this has fallen considerably in the last 6 months. The average price for February is ₱ 106,700. During March the price had a considerable fall till ₱ 34,544. During the following two months (April, May) the average price had a considerable fall of 42 % 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 ₱ 50,147.75 to ₱ 35,962, which means a 72 % 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 59 % more affordable than the average price of ₱ 19,940 in Paranaque. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 59 % more affordable than the average aforementioned.

With regard to the average prices per m² those properties with 1 bedroom are 1175 % more expensive than the average price of (₱ 497 / m²) in Paranaque. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 1175 % more expensive than the average value aforementioned.

Price per property type

The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of ₱ 48,813 it is 59 % more affordable than the average price in Paranaque. "House" is seen as the second most affordable property type. The most affordable property is "House And Lot" followed by "House". At a price of ₱ 19,920 it is 59 % more affordable than the average price.

According to the average cost per m², the least affordable property would be "Apartment" at an average price of ₱ 492 / m² followed by "House" priced at ₱ 496 / m². "House And Lot" is the most expensive type of property with a ₱ 497 / m² value followed by "House" with an average price of ₱ 496 / m².

Charts data
Average price July
Average price per m² July
Number of properties used in Paranaque
Number of properties used in region Rizal
₱ 48,813
₱ 38.97
890
6,650
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value