Property prices for rent in Davao City region

The average rent price in the Davao City region has had a strong fall in recent months. There has been a strong fall in the rent prices in this region.

₱ 189,829.83
Average price last 6 months
₱408.19
Price/m² last 6 months
Average price per m2

The price per m² in Davao City has fallen considerably in the last 6 months. During September, the average price per m² was ₱ 564.49. The following month (October) the price had a considerable fall reaching ₱ 436 per m². The following two months (November, December) went through a considerable fall of 82 % in the rent price per m² with regard to the previous two. In the last two months, the price per m² has had a significant fall of 69 %. This has been obtained by comparing the price of ₱ 454.68 for the first four months of the sample with regard to the previous 4 months and the price of ₱ 315.22 per m² for the last two months (January, February).

Average price

When referring to the price in Davao City(region), this has fallen considerably in the last 6 months. September has an average price of ₱ 305,900. During Octoberthe price had a strong fall till ₱ 38,739. The price in the following months (November, December) had a strong rise of 143 % going from ₱ 172,319.5 to ₱ 245,910. During the last two months the price has had a considerable fall of 72 % with respect to the previous four months going from ₱ 209,114.75 a ₱ 151,260.

Average price per bedrooms

The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 67 % cheaper than the average price in Davao City followed by those with 3 with an average price of ₱ 22,658. The most affordable properties have 4 bedrooms. They are 47 % cheaper than the average followed by those properties with 2 bedrooms priced at ₱ 23,496.

Based on the average price per m² those properties with 3 bedrooms are the most affordable ones with a price of ₱ 186 / m² being ₱ 267.32 / m² the average for Davao City. The properties with the highest average price are those with 1 bedroom. These are 90 % more expensive than the average followed by those with 2 bedrooms with a price of ₱ 506 / m².

Price per property type

The graph displaying the average rent price according to the property type shows "Lot" as the most affordable one. With an average cost of ₱ 48,000 it is 69 % cheaper than the average in Davao City. This is followed by "Commercial Lot" with a cost of ₱ 20,771. The most affordable property type is "Apartment" and is 56 % cheaper than the average, followed by "House" with a cost of ₱ 20,987.

Based upon the average cost per m² the most affordable property type is "House with a an average price of ₱ 178 / m², followed by "Commercial Lot" with a price of ₱ 206 / m². "Lot" with an average price of ₱ 518 / m² is the most expensive type of property followed by "Apartment" at a price of ₱ 221 / m².

Charts data
Average price February
Average price per m² February
Number of properties used in region Davao City
₱ 48,000
₱ 267.32
62
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value