Average Rent in Manila (2026)
Monthly rental prices for studios, 1-bedroom, 2-bedroom, 3-bedroom and larger apartments in Manila, Philippines. Updated April 2026.
Monthly Rent by Apartment Type
| Unit Type | Min (PHP) | Avg (PHP) | Max (PHP) |
|---|---|---|---|
| Studio | 12,000 | 20,000 | 35,000 |
| 1 Bedroom | 18,000 | 32,000 | 60,000 |
| 2 Bedrooms | 30,000 | 55,000 | 100,000 |
| 3 Bedrooms | 55,000 | 100,000 | 200,000 |
| 4BR / House | 100,000 | 200,000 | 500,000 |
All prices in PHP per month. Data represents 2026 market averages.
Rent by Neighbourhood in Manila
Manila Rental Market Overview
Metro Manila's rental market is anchored by BGC (Bonifacio Global City), Makati CBD, and Ortigas. Expat and POGO (offshore gaming) demand has softened but local professional demand remains strong. Condominiums dominate the rental market.
Key Insights for Landlords
- Standard: 2 months advance + 1 month deposit = 3 months rent upfront.
- Association dues (condo fees) range from PHP 50–150/sqm per month — separate from rent.
- Rent Control Act (RA 9653): max 7% increase for units below PHP 10,000/month.
- BGC has the highest yield potential among premium areas — strong expat demand.
- PEZA-registered BPO companies drive corporate housing demand near IT parks.
Manila at a Glance
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Frequently Asked Questions
What is the average rent in Manila in 2026?
The average rent in Manila ranges from PHP 20,000/month for a studio to PHP 100,000/month for a 3-bedroom apartment. A 1-bedroom apartment averages PHP 32,000/month.
Are rents in Manila increasing?
Rents in Manila are stable with a year-on-year change of +3.1%. Metro Manila's rental market is anchored by BGC (Bonifacio Global City), Makati CBD, and Ortigas. Expat and POGO (offshore gaming) demand has softened but local professional demand remains strong. Condominiums dominate the rental market.
What is the rental yield in Manila?
The average gross rental yield in Manila is 5.8% per year. Use our rental yield calculator for Manila to estimate returns for specific properties.