The average rent price in the Bohol region has had an strong rise in recent months. There has been a strong rise in the rent prices in this region.
The price per m² in Bohol has risen considerably in the last 6 months. During March, the average price per m² was ₱ 184.9. The following month (April) the price had a considerable rise reaching ₱ 233.66 per m². In the following two months (May, June) the rent price per m² has increased notably to a 137 %. In the last two months, the price per m² has fallen 95 %. This has been obtained by comparing the price ₱ 247.6 for the first four months of the sample with regard to the previous 4 months and the price ₱ 234.62 per m² for the last two months (July, August).
When referring to the price in Bohol(region), there have hardly been any changes in the last 6 months. The average rent price in March is ₱ 114,073. In April the price rose to ₱ 121,239. In the following two months the average price has fallen 64 % compared to the previous two. During the last two months the price has had a considerable rise of 154 % with respect to the previous four months going from ₱ 96,768.25 a ₱ 148,787.
The graph displaying the the average rent price per number of bedrooms shows that those with 2 bedrooms are the most affordable ones. They are 87 % cheaper than the average price in Bohol followed by those with 3 with an average price of ₱ 20,666. The most affordable properties have 4 bedrooms. They are 68 % cheaper than the average followed by those properties with 1 bedroom priced at ₱ 29,000.
Based on the average price per m² those properties with 3 bedrooms are the most affordable ones with a price of ₱ 213 / m² being ₱ 248.55 / m² the average for Bohol. The properties with the highest average price are those with 1 bedroom. These are 234 % more expensive than the average followed by those with 4 bedrooms with a price of ₱ 263 / m².
The graph displaying the average rent price according to the property type shows "Townhouse" as the most affordable one. With an average cost of ₱ 155,098 it is 87 % cheaper than the average in Bohol. This is followed by "House And Lot" with a cost of ₱ 19,780. The most affordable property type is "House" and is 48 % cheaper than the average, followed by "Lot" with a cost of ₱ 25,896.
Based upon the average cost per m² the most affordable property type is "Townhouse with a an average price of ₱ 141 / m², followed by "House And Lot" with a price of ₱ 146 / m². "House" with an average price of ₱ 502 / m² is the most expensive type of property followed by "Lot" at a price of ₱ 313 / m².
