Property prices for rent in Naga City (Naga City)

The rent prices in real estate in Naga City, in the Naga City region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

₱ 47,694.5
Average price last 6 months
₱ 336.5
Price/m² last 6 months
Average price per m2

The price per m² in Naga City has risen strongly during the last 6 months. In September, the average price per m² was ₱ 136. In October this price barely changed remaining at ₱ 136 per m². The price for the following two months in (November, December) had a considerable rise of 411 %. The price per m² has fallen 91 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of ₱ 347.5 to ₱ 314.5 during January, and February.

Average price

When referring to the price in Naga City (cities), this has risen considerably in the last 6 months. In our first sample month during September, the average price is ₱ 42,121. In October This price remains at ₱ 42,121. During the following two months (November, December) the average price had a considerable rise of 133 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from ₱ 49,052.5 to ₱ 44,978.5 in January and February.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of ₱ 42,078 they are 8 % more affordable than the average price for Naga City . The properties with the lowest average price have 1 bedroom, Their price is 7 % more affordable than the average. After that we have properties with 3 bedrooms priced at ₱ 39,076.

With regard to the average price per m², those properties with 4 bedrooms are the most expensive ones at a cost of ₱ 469 / m², with an average ₱ 135 / m² price in Naga City. The properties with the most expensive average prices have 1 bedroom. They are 255 % more expensive than the average followed by properties with 3 bedrooms with a price at ₱ 474 / m².

Price per property type

With regard to the average price based on the property in Naga City we can see that the most affordable type of property is "House And Lot" at ₱ 38,879, which is 8 % cheaper than the average price. "House And Lot" has the most affordable price. This price is 8 % more affordable than the average price aforementioned.

According to the average area price by m² the most expensive property type is "House And Lot with an average cost of ₱ 469 / m². "House And Lot" at an average price of ₱ 469 / m² has the highest price and would be directed at more affluent cities.

Charts data
Average price February
Average price per m² February
Number of properties used in Naga City
Number of properties used in region Naga City
₱ 42,078
₱ 135
50
50
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value