NUMBEO

Property Prices in Philippines

Index Info
Price to Income Ratio: 22.18
Mortgage as Percentange of Income: 209.94%
Loan Affordability Index: 0.48
Price to Rent Ratio - City Centre: 29.91
Price to Rent Ratio - Outside of Centre: 27.03
Gross Rental Yield (City Centre): 3.34%
Gross Rental Yield (Outside of Centre): 3.70%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 12,646.58 ₱ 5,000.00-30,000.00
Apartment (1 bedroom) Outside of Centre 7,140.38 ₱ 3,000.00-15,000.00
Apartment (3 bedrooms) in City Centre 27,576.17 ₱ 12,000.00-80,000.00
Apartment (3 bedrooms) Outside of Centre 14,995.74 ₱ 8,000.00-25,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 8,397.16 ₱ 2,601.26-14,864.36
Price per Square Feet to Buy Apartment Outside of Centre 4,205.60 ₱ 1,672.24-9,290.23
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 15,292.17 ₱
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.23 5.00-10.00

These data are based on 786 entries in the past 18 months from 150 different contributors.
Last update: November 2018
Our data for each country are based on all entries from all cities in that country.

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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
Cebu 26.80 4.98 3.94 20.07 25.37 282.48 0.35
Davao 32.22 2.87 2.90 34.80 34.50 299.80 0.33
Dumaguete 35.92 3.27 11.35 30.59 8.81 444.95 0.22
Makati 20.35 5.27 2.86 18.98 34.96 174.92 0.57
Manila 20.10 5.00 3.74 20.00 26.75 195.12 0.51
Quezon City 22.60 4.08 3.18 24.48 31.41 226.79 0.44
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