The average rent price in the Bacolod City region has remained at pretty much the same value in recent months. Rent prices in this region have remained pretty much the same.
The price per m² in Bacolod City has barely changed in the last 6 months. During October, the average price per m² was ₱ 495.84. In November the price barely changed remaining at ₱ 474.23 per m². The following two months (December, January) went through a rise of 109 % in the rent price per m² rising from ₱ 485.04 to ₱ 530.9 per m². In the last two months, the price per m² has had a significant fall of 81 %. This has been obtained by comparing the price of ₱ 507.97 for the first four months of the sample with regard to the previous 4 months and the price of ₱ 410.27 per m² for the last two months (February, March).
When referring to the price in Bacolod City(region), this has risen considerably in the last 6 months. October has an average price of ₱ 32,583. During Novemberthe price had a slight fall till ₱ 30,104. The price in the following months (December, January) had a strong rise of 330 % going from ₱ 31,343.5 to ₱ 103,416.5. During the last two months the price has had a considerable rise of 214 % with respect to the previous four months going from ₱ 67,380 a ₱ 144,062.5.
The graph displaying the the average rent price per number of bedrooms shows that those with 4 bedrooms are the most affordable ones. They are 85 % cheaper than the average price in Bacolod City followed by those with 1 with an average price of ₱ 21,406. The most affordable properties have 1 bedroom. They are 85 % cheaper than the average followed by those properties with 4 bedrooms priced at ₱ 21,296.
Based on the average price per m² those properties with 4 bedrooms are the most expensive ones with a price of ₱ 2,520 / m² being ₱ 407.43 / m² the average for Bacolod City. The properties with the highest average price are those with 1 bedroom. These are 522 % more expensive than the average followed by those with 4 bedrooms with a price of ₱ 2,520 / m².
The graph displaying the average rent price according to the property type shows "House And Lot" as the most affordable one. With an average cost of ₱ 144,000 it is 86 % cheaper than the average in Bacolod City. This is followed by "Townhouse" with a cost of ₱ 20,988. The most affordable property type is "House" and is 85 % cheaper than the average, followed by "Condominium" with a cost of ₱ 21,098.
Based upon the average cost per m² the most expensive property type is "House And Lot with a an average price of ₱ 2,448 / m², followed by "Townhouse" with a price of ₱ 2,478 / m². "House" with an average price of ₱ 2,505 / m² is the most expensive type of property followed by "Condominium" at a price of ₱ 2,493 / m².
