Property Prices in Philippines

Index Info
Price to Income Ratio: 33.02
Mortgage as Percentage of Income: 310.04%
Loan Affordability Index: 0.32
Price to Rent Ratio - City Centre: 38.98
Price to Rent Ratio - Outside of Centre: 35.09
Gross Rental Yield (City Centre): 2.57%
Gross Rental Yield (Outside of Centre): 2.85%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 19,738.05 ₱ 8,000.00-47,316.67
1 Bedroom Apartment Outside of City Centre 11,117.77 ₱ 5,000.00-25,000.00
3 Bedroom Apartment in City Centre 40,150.75 ₱ 15,000.00-110,000.00
3 Bedroom Apartment Outside of City Centre 21,902.51 ₱ 10,000.00-55,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 16,506.60 ₱ 4,748.33-35,302.86
Price per Square Feet to Buy Apartment Outside of Centre 8,244.94 ₱ 2,787.07-18,952.06
Salaries And Financing
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Average Monthly Net Salary (After Tax) 20,174.19 ₱
Annual Mortgage Interest Rate (20-Year Fixed, in %) 7.12 5.00-10.00

These data are based on 1439 entries from 273 contributors over the past 18 months.
Last update: 19 January 2026
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 21.9 4.1 7.0 24.7 14.4 236.7 0.4
Baguio 43.9 3.7 4.5 27.3 22.3 400.1 0.2
Cagayan de Oro City 18.9 5.1 5.6 19.7 18.0 180.6 0.6
Cebu 34.5 4.0 3.3 25.2 30.6 320.8 0.3
Davao 32.3 3.7 2.8 26.7 36.2 332.0 0.3
Dumaguete 13.3 6.2 6.5 16.2 15.3 121.1 0.8
Iloilo 47.8 3.2 4.1 31.4 24.6 456.1 0.2
Makati 38.6 3.5 2.8 28.7 36.4 373.3 0.3
Manila 36.5 3.7 2.8 26.9 36.1 349.3 0.3
Quezon City 20.9 3.4 3.5 29.4 28.8 217.6 0.5
Taguig City 30.1 5.0 7.2 20.1 13.8 276.1 0.4
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