Property Prices in Philippines
| Index |  |
|---|---|
| Price to Income Ratio: | 23.29 |
| Mortgage as Percentage of Income: | 221.31% |
| Loan Affordability Index: | 0.45 |
| Price to Rent Ratio - City Centre: | 32.37 |
| Price to Rent Ratio - Outside of Centre: | 29.99 |
| Gross Rental Yield (City Centre): | 3.09% |
| Gross Rental Yield (Outside of Centre): | 3.33% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 298.38 $ | |
| Apartment (1 bedroom) Outside of Centre | 165.92 $ | |
| Apartment (3 bedrooms) in City Centre | 632.32 $ | |
| Apartment (3 bedrooms) Outside of Centre | 345.58 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 211.37 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 107.98 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 369.00 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 7.28 |
These data are based on 1409 entries in the past 18 months from 266 different contributors.
Last update: July 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 |
|---|---|---|---|---|---|---|---|---|
| Baguio | 31.4 | 1.8 | 2.0 | 55.2 | 50.9 | 238.7 | 0.4 | |
| Cagayan de Oro City | 32.5 | 3.6 | 2.7 | 28.1 | 37.0 | 298.3 | 0.3 | |
| Cebu | 30.3 | 2.6 | 4.1 | 37.9 | 24.6 | 296.3 | 0.3 | |
| Davao | 23.2 | 3.0 | 2.1 | 32.9 | 47.4 | 243.1 | 0.4 | |
| Iloilo | 43.1 | 1.5 | 3.2 | 66.8 | 31.4 | 432.2 | 0.2 | |
| Makati | 20.2 | 4.3 | 5.6 | 23.5 | 18.0 | 183.1 | 0.5 | |
| Manila | 32.0 | 3.7 | 2.6 | 27.1 | 38.1 | 322.0 | 0.3 | |
| Quezon City | 12.9 | 5.1 | 4.5 | 19.5 | 22.3 | 134.3 | 0.7 |
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