Property prices for rent in Pasay (Metro Manila)

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

₱ 46,879
Average price last 6 months
₱ 746.99
Price/m² last 6 months
Average price per m2

The price per m² in Pasay has fallen during the last 6 months. In November, the average price per m² was ₱ 846.35. In the following month the price per m² fell to ₱ 725.26. In the following two months the price per m² has practically remained the same, going from ₱ 785.8 to ₱ 759.15 per m². The price per m² has fallen 90 % 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 ₱ 772.47 to ₱ 696.01 during March, and April.

Average price

When referring to the price in Pasay (cities), this has risen considerably in the last 6 months. The average price during our first sample month during November, is ₱ 39,416. During December the price went through a considerable rise reaching ₱ 51,846. During the following two months (January, February) the price has had an average rise from ₱ 45,631 to ₱ 49,333. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of ₱ 47,482 and ₱ 45,673 between March and April.

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 ₱ 43,261 they are 32 % more affordable than the average price for Pasay . The properties with the highest average price have 4 bedrooms, Their price is 139 % more expensive than the average. After that we have properties with 3 bedrooms priced at ₱ 77,778.

With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of ₱ 435.34 / m², with an average ₱ 698.3 / m² price in Pasay. The properties with the most expensive average prices have 1 bedroom. They are 25 % more expensive than the average followed by properties with 4 bedrooms with a price at ₱ 705.13 / m².

Price per property type

The graph displaying the average rent prices displays the property type "Condominium" as the most affordable one. At an cost of ₱ 43,261 it is 18 % more affordable than the average price in Pasay. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "Commercial Lot". At a price of ₱ 83,580 it is 106 % more expensive than the average price.

According to the average cost per m², the most affordable property is "Apartment" at an average price of ₱ 472.15 / m² followed by "Townhouse" priced at ₱ 615 / m². "Condominium" is the most expensive type of property with a ₱ 889.23 / m² value followed by "Commercial Lot" with an average price of ₱ 774 / m².

Charts data
Average price April
Average price per m² April
Number of properties used in Pasay
Number of properties used in region Metro Manila
₱ 43,261
₱ 698.3
878
107,082
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value