The average rent price in the Baguio City region has remained at pretty much the same value in recent months. Rent prices in this region have remained pretty much the same.
The price per m² in Baguio City has barely changed in the last 6 months. During October, the average price per m² was ₱ 674. In November the price barely changed remaining at ₱ 686 per m². The price per m² for the following two months barely changed going from ₱ 680 to ₱ 693.5 per m². In the last two months, the price has barely changed with regard to the average value for the last 4 months going from an average price per m² of ₱ 686.75 to ₱ 673 during February and March.
When referring to the price in Baguio City (region), this has fallen in the last 6 months. October has an average price of ₱ 50,282. During Novemberthe price had a slight fall till ₱ 46,175. In the following two months the average price has fallen 72 % compared to the previous two. During the last two months the price has had a considerable rise of 121 % with respect to the previous four months going from ₱ 41,385.25 a ₱ 50,231.
The graph displaying the the average rent price per number of bedrooms shows that those with 4 bedrooms are the most affordable ones. They are 58 % cheaper than the average price in Baguio City followed by those with 1 with an average price of ₱ 25,214. The most affordable properties have 1 bedroom. They are 50 % cheaper than the average followed by those properties with 4 bedrooms priced at ₱ 21,069.
Based on the average price per m² those properties with 4 bedrooms are the most affordable ones with a price of ₱ 192 / m² being ₱ 673 / m² the average for Baguio City. The properties with the lowest average price are those with 1 bedroom. These are 71 % more affordable than the average followed by those with 4 bedrooms with a price of ₱ 192 / m².
The graph displaying the average rent price according to the property type shows "Townhouse" as the most affordable one. With an average cost of ₱ 50,231 it is 59 % cheaper than the average in Baguio City. This is followed by "Commercial Lot" with a cost of ₱ 20,456. The most affordable property type is "Condominium" and is 58 % cheaper than the average, followed by "Apartment" with a cost of ₱ 20,645.
Based upon the average cost per m² the most affordable property type is "Townhouse with a an average price of ₱ 158 / m², followed by "Commercial Lot" with a price of ₱ 163 / m². "Condominium" with an average price of ₱ 192 / m² is the most affordable type of property followed by "Apartment" at a price of ₱ 172 / m².
