The rent prices in real estate in Tarlac, in the Tarlac region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per m² in Tarlac has risen strongly during the last 6 months. In October, the average price per m² was ₱ 219. In November this price barely changed remaining at ₱ 229 per m². The price for the following two months in (December, January) had a considerable rise of 151 %. 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 ₱ 280.75 to ₱ 282 during February y March
When referring to the price in Tarlac (cities), this has fallen in the last 6 months. The rent price in October is ₱ 53,759, rising in November till ₱ 56,921. During the following two months (December, January) the average price fell 90 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 86 %, going from ₱ 52,567.5 to ₱ 45,240 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of ₱ 45,240 they are 61 % more affordable than the average price for Tarlac . The properties with the lowest average price have 1 bedroom, Their price is 61 % more affordable than the average. After that we have properties with 4 bedrooms priced at ₱ 17,663.
With regard to the average price per m², those properties with 4 bedrooms are the most expensive ones at a cost of ₱ 288 / m², with an average ₱ 282 / m² price in Tarlac. The properties with the most expensive average prices have 1 bedroom. They are 4 % more expensive than the average followed by properties with 4 bedrooms with a price at ₱ 288 / m².
The graph displaying the average rent prices displays the property type "House And Lot" as the most affordable one. At an cost of ₱ 45,240 it is 86 % more affordable than the average price in Tarlac. "House" is seen as the second most affordable property type. The most affordable property is "Farm House" followed by "House". At a price of ₱ 17,663 it is 34 % more affordable than the average price.
According to the average cost per m², the most affordable property is "House And Lot" at an average price of ₱ 64 / m² followed by "Farm House" priced at ₱ 245 / m². "House" is the most expensive type of property with a ₱ 288 / m² value followed by "Farm House" with an average price of ₱ 245 / m².
