The rent prices in real estate in Valenzuela, in the Metro Manila region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per m² in Valenzuela has barely changed in the last 6 months. In October, the average price per m² was ₱ 271.89. In the following month the price per m² fell considerably to ₱ 222.09. In the following two months the price per m² has practically remained the same, going from ₱ 246.99 to ₱ 238.92 per m². The price per m² has had a considerable rise of 128 % 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 ₱ 242.96 to ₱ 312.1 during February, and March.
When referring to the price in Valenzuela (cities), this has fallen considerably in the last 6 months. The average price for October is ₱ 110,613. During November the price had a considerable fall till ₱ 71,408. During the following two months (December, January) the average price had a considerable fall of 72 % 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 ₱ 78,375.25 to ₱ 43,334.5, which means a 55 % fall.
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 ₱ 36,130 they are 62 % more affordable than the average price for Valenzuela . The properties with the highest average price have 3 bedrooms, Their price is 4 % more expensive than the average. After that we have properties with 4 bedrooms priced at ₱ 25,034.
With regard to the average price per m², those properties with 4 bedrooms are the most expensive ones at a cost of ₱ 313 / m², with an average ₱ 305.39 / m² price in Valenzuela. The properties with the most expensive average prices have 2 bedrooms. They are 66 % more expensive than the average followed by properties with 3 bedrooms with a price at ₱ 371 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of ₱ 36,130 it is 39 % more affordable than the average price in Valenzuela. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Apartment". At a price of ₱ 22,036 it is 38 % 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 ₱ 368 / m² followed by "House" priced at ₱ 378 / m². "House" is the most expensive type of property with a ₱ 378 / m² value followed by "Apartment" with an average price of ₱ 368 / m².