Property prices for rent in Cebu City (Cebu)

The rent prices in real estate in Cebu City, in the Cebu region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.

₱ 50,131
Average price last 6 months
₱ 698.34
Price/m² last 6 months
Average price per m2

The price per m² in Cebu City has barely changed in the last 6 months. In September, the average price per m² was ₱ 713.13. In October this price barely changed remaining at ₱ 710.74 per m². In the following two months the price per m² has practically remained the same, going from ₱ 711.93 to ₱ 691.04 per m². The price per m² has hardly changed in the last two months compared to the average price of the previous four months going from an average price of ₱ 701.49 to ₱ 692.03 during January y February

Average price

When referring to the price in Cebu City (cities), this has fallen considerably in the last 6 months. In our first sample month during September, the average price is ₱ 57,997. In October This price remains at ₱ 56,678. During the following two months (November, December) the average price fell 89 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from ₱ 54,104.75 to ₱ 42,183.5, which means a 78 % fall.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of ₱ 39,723 they are 21 % more affordable than the average price for Cebu City . The properties with the highest average price have 4 bedrooms, Their price is 105 % more expensive than the average. After that we have properties with 3 bedrooms priced at ₱ 68,460.

With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of ₱ 302.89 / m², with an average ₱ 666.47 / m² price in Cebu City. The properties with the most expensive average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 711.5 / m².

Price per property type

The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of ₱ 39,723 it is 33 % more affordable than the average price in Cebu City. "Condominium" is seen as the second most affordable property type. The most expensive property type is "House And Lot" followed by "Lot". At a price of ₱ 136,004 it is 341 % more expensive than the average price.

According to the average cost per m², the most affordable property is "House" at an average price of ₱ 301.41 / m² followed by "Townhouse" priced at ₱ 349.84 / m². "Condominium" is the most expensive type of property with a ₱ 806.18 / m² value followed by "Lot" with an average price of ₱ 762.51 / m².

Charts data
Average price February
Average price per m² February
Number of properties used in Cebu City
Number of properties used in region Cebu
₱ 39,723
₱ 666.47
9,148
10,570
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value