Property Prices in Philippines
| Index |  |
|---|---|
| Price to Income Ratio: | 22.02 |
| Mortgage as Percentage of Income: | 208.17% |
| Loan Affordability Index: | 0.48 |
| Price to Rent Ratio - City Centre: | 32.89 |
| Price to Rent Ratio - Outside of Centre: | 26.91 |
| Gross Rental Yield (City Centre): | 3.04% |
| Gross Rental Yield (Outside of Centre): | 3.72% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 316.37 $ | |
| Apartment (1 bedroom) Outside of Centre | 177.26 $ | |
| Apartment (3 bedrooms) in City Centre | 667.14 $ | |
| Apartment (3 bedrooms) Outside of Centre | 364.63 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 227.22 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 102.90 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 403.37 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 7.21 |
These data are based on 1405 entries from 278 contributors over the past 18 months.
Last update: April 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 | 35.4 | 2.5 | 2.1 | 39.4 | 46.8 | 268.7 | 0.4 | |
| Cagayan de Oro City | 19.1 | 4.5 | 5.1 | 22.1 | 19.7 | 173.1 | 0.6 | |
| Cebu | 26.6 | 3.3 | 4.5 | 30.3 | 22.4 | 262.1 | 0.4 | |
| Davao | 16.7 | 3.9 | 2.6 | 25.5 | 37.9 | 189.4 | 0.5 | |
| Iloilo | 43.8 | 1.5 | 3.2 | 67.9 | 31.4 | 439.3 | 0.2 | |
| Makati | 18.2 | 4.2 | 6.1 | 23.8 | 16.5 | 164.8 | 0.6 | |
| Manila | 28.5 | 4.4 | 2.7 | 22.8 | 37.6 | 274.0 | 0.4 | |
| Quezon City | 17.6 | 3.8 | 3.4 | 26.1 | 29.0 | 178.4 | 0.6 | |
| Taguig City | 29.8 | 4.1 | 3.7 | 24.5 | 27.3 | 259.3 | 0.4 |
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