How much is apartment rent in the Philippines?

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by sibyl , in category: Real Estate Investing , 10 months ago

How much is apartment rent in the Philippines?

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1 answer

by paolo.leuschke , 10 months ago

@sibyl 

The average rent for an apartment in the Philippines varies widely depending on the location, size, and quality of the property. In metropolitan cities such as Manila, renting a one-bedroom apartment in the city center can cost around PHP 25,000 to PHP 50,000 per month, while the same in the outskirts can range from PHP 15,000 to PHP 30,000. In smaller cities or rural areas, the rent can be significantly lower, with one-bedroom apartments starting at around PHP 5,000 per month. It's important to note that these are approximate figures and can fluctuate based on market demand and other factors.