Property Prices in Philippines

Index Info
Price to Income Ratio: 24.28
Mortgage as Percentage of Income: 229.70%
Loan Affordability Index: 0.44
Price to Rent Ratio - City Centre: 35.85
Price to Rent Ratio - Outside of Centre: 31.03
Gross Rental Yield (City Centre): 2.79%
Gross Rental Yield (Outside of Centre): 3.22%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 17,535.41 ₱ 8,000.00-37,000.00
Apartment (1 bedroom) Outside of Centre 10,056.40 ₱ 5,000.00-22,000.00
Apartment (3 bedrooms) in City Centre 36,835.00 ₱ 15,000.00-100,000.00
Apartment (3 bedrooms) Outside of Centre 19,845.75 ₱ 10,000.00-48,000.00
Buy Apartment Price
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Price per Square Meter to Buy Apartment in City Centre 147,466.14 ₱ 49,333.00-344,000.00
Price per Square Meter to Buy Apartment Outside of Centre 71,039.49 ₱ 25,000.00-190,000.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 22,496.60 ₱
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.22 5.00-10.00

These data are based on 1403 entries from 277 contributors over the past 18 months.
Last update: 28 June 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 37.4 2.7 2.2 37.4 45.7 283.8 0.4
Cagayan de Oro City 19.1 4.5 5.1 22.1 19.7 173.0 0.6
Cebu 27.0 3.4 4.3 29.4 23.5 271.1 0.4
Davao 17.8 4.1 2.7 24.2 36.9 199.8 0.5
Iloilo 43.8 1.5 3.2 67.9 31.4 439.3 0.2
Makati 28.2 3.5 2.3 28.6 42.7 255.7 0.4
Manila 28.6 4.3 2.7 23.1 37.6 276.4 0.4
Quezon City 17.5 3.0 3.2 33.0 31.3 177.4 0.6
Taguig City 29.8 4.0 3.6 24.8 27.6 259.3 0.4
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