Property Prices in Philippines
| Index |  |
|---|---|
| Price to Income Ratio: | 21.13 |
| Mortgage as Percentage of Income: | 200.82% |
| Loan Affordability Index: | 0.50 |
| Price to Rent Ratio - City Centre: | 31.00 |
| Price to Rent Ratio - Outside of Centre: | 26.80 |
| Gross Rental Yield (City Centre): | 3.23% |
| Gross Rental Yield (Outside of Centre): | 3.73% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 17,774.34 ₱ | |
| Apartment (1 bedroom) Outside of Centre | 9,972.08 ₱ | |
| Apartment (3 bedrooms) in City Centre | 37,496.67 ₱ | |
| Apartment (3 bedrooms) Outside of Centre | 20,816.93 ₱ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 12,032.75 ₱ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 5,807.17 ₱ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 22,718.35 ₱ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 7.28 |
These data are based on 1370 entries in the past 18 months from 271 different contributors.
Last update: March 2025
Our data for each country are based on all entries from all cities in that country.
Sources and References
By City in Philippines
Rank |
City |
Price To Income Ratio |
Gross Rental Yield City Centre |
Gross Rental Yield Outside of Centre |
Price To Rent Ratio City Centre |
Price To Rent Ratio Outside Of City Centre |
Mortgage As A Percentage Of Income |
Affordability Index |
|---|---|---|---|---|---|---|---|---|
| Angeles | 17.7 | 3.9 | 7.0 | 25.5 | 14.2 | 187.1 | 0.5 | |
| Baguio | 32.4 | 2.3 | 2.0 | 42.9 | 49.4 | 246.1 | 0.4 | |
| Cagayan de Oro City | 19.0 | 4.5 | 5.1 | 22.0 | 19.7 | 172.6 | 0.6 | |
| Cebu | 26.6 | 3.3 | 4.5 | 30.3 | 22.4 | 262.1 | 0.4 | |
| Davao | 16.7 | 4.0 | 2.6 | 25.0 | 37.9 | 189.4 | 0.5 | |
| Iloilo | 43.8 | 1.5 | 3.2 | 67.9 | 31.4 | 439.3 | 0.2 | |
| Makati | 18.6 | 3.9 | 5.8 | 25.6 | 17.3 | 168.4 | 0.6 | |
| Manila | 27.3 | 4.8 | 2.6 | 20.7 | 37.8 | 268.1 | 0.4 | |
| Quezon City | 16.0 | 3.8 | 3.4 | 26.1 | 29.0 | 161.8 | 0.6 | |
| Taguig City | 29.8 | 4.1 | 3.7 | 24.5 | 27.3 | 259.3 | 0.4 |
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