Property Prices in Philippines

Index Info
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 309.82 $ 139.45-697.23
Apartment (1 bedroom) Outside of Centre 173.82 $ 87.15-366.03
Apartment (3 bedrooms) in City Centre 653.60 $ 261.46-1,743.09
Apartment (3 bedrooms) Outside of Centre 362.86 $ 174.31-871.54
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 209.74 $ 72.87-437.23
Price per Square Feet to Buy Apartment Outside of Centre 101.22 $ 40.48-255.86
Salaries And Financing
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Average Monthly Net Salary (After Tax) 396.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.28 5.00-11.00

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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