Property Prices in Philippines

Index Info
Price to Income Ratio: 22.17
Mortgage as Percentage of Income: 212.27%
Loan Affordability Index: 0.47
Price to Rent Ratio - City Centre: 33.90
Price to Rent Ratio - Outside of Centre: 29.65
Gross Rental Yield (City Centre): 2.95%
Gross Rental Yield (Outside of Centre): 3.37%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 279.79 $ 135.89-594.53
Apartment (1 bedroom) Outside of Centre 162.64 $ 84.93-339.73
Apartment (3 bedrooms) in City Centre 580.99 $ 254.80-1,579.74
Apartment (3 bedrooms) Outside of Centre 338.68 $ 169.86-849.32
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 205.53 $ 77.85-473.42
Price per Square Feet to Buy Apartment Outside of Centre 104.65 $ 39.45-236.71
Salaries And Financing
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Average Monthly Net Salary (After Tax) 376.44 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.37 5.00-12.00

These data are based on 1405 entries in the past 18 months from 263 different contributors.
Last update: November 2024
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 3.5 6.1 28.8 16.5 187.1 0.5
Baguio 31.4 2.0 2.0 49.0 49.4 238.7 0.4
Cagayan de Oro City 22.0 3.3 3.1 30.6 32.4 201.7 0.5
Cebu 26.8 2.7 4.6 37.3 21.7 262.4 0.4
Davao 21.7 3.2 2.3 31.7 43.3 245.6 0.4
Iloilo 43.8 1.5 3.2 66.8 31.4 439.3 0.2
Makati 18.4 3.6 5.3 27.7 18.8 166.4 0.6
Manila 30.4 4.0 2.5 24.8 39.2 284.5 0.4
Quezon City 12.9 5.1 4.3 19.5 23.1 131.1 0.8
Taguig City 29.1 4.2 3.4 23.9 29.0 253.8 0.4
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