8 Manila Rent Guide: Top Areas, Prices, and Expert Tips for Condo Leasing
- bedandgoinc
- 7月9日
- 読了時間: 5分
July 9, 2025
As Metro Manila continues to evolve into a dynamic center of commerce, technology, and culture, its residential landscape is also transforming. The surge in condominium developments, improved infrastructure, and the changing preferences of urban dwellers have made renting a more flexible and practical choice than ever. In 2025, leasing a condo in the capital is no longer just a temporary solution — it's a lifestyle decision rooted in access, mobility, and convenience.
Why Renting in Manila in 2025 Makes Sense?
Manila remains the economic, cultural, and urban heart of the Philippines. In 2025, the city's rental market offers an unprecedented mix of affordability, variety, and convenience. For expats, young professionals, remote workers, and growing families, renting a condo in Metro Manila is a practical and flexible solution to urban living.
With thousands of new residential condominiums completed over the past five years, tenants now have a stronger position in negotiating lease terms and pricing. The demand for convenience, accessibility, and safety has also led to the proliferation of modern mixed-use developments in key locations such as Makati, Bonifacio Global City (BGC), Ortigas, Pasay Bay Area, and Quezon City.
This guide provides a comprehensive overview of the 2025 Manila rental landscape—covering current prices, top locations, market trends, leasing tips, and what tenants should know before signing a lease.
1. Understanding the 2025 Manila Rent Market: Trends and Developments
In 2025, the Manila rental market is defined by high inventory, moderate demand, and relatively stable pricing. After years of rapid construction, especially in BGC and Bay Area, the market now favors tenants with more choices and room for negotiation.
According to recent data:
Rental yields remain solid, averaging 5.3 percent across Metro Manila.
Vacancy rates remain elevated, especially in Bay Area and Ortigas, offering leverage to tenants.
Despite new supply entering the market, demand for quality units near transport hubs, malls, and office centers keeps prices in core areas stable.
Developers and property managers are more open to flexible lease terms, unit upgrades, and package offers to secure long-term renters. The current environment benefits both locals and foreign residents seeking long-term accommodations without the long-term commitment of property ownership.
2. How Much Does It Cost to Rent a Condo in Manila?
Rental prices in Metro Manila vary significantly by location, unit type, and building age. Here is a general overview of average monthly rents for condominiums in key business districts:
Area | Studio (₱) | 1BR (₱) | 2BR (₱) | 3BR+ (₱) |
Makati CBD | 22,000–28,000 | 35,000–45,000 | 65,000–80,000 | 90,000+ |
BGC, Taguig | 25,000–32,000 | 38,000–50,000 | 70,000–85,000 | 100,000+ |
Ortigas, Pasig | 17,000–22,000 | 28,000–38,000 | 50,000–65,000 | 75,000+ |
Bay Area, Pasay | 20,000–26,000 | 32,000–42,000 | 60,000–75,000 | 85,000+ |
Quezon City | 15,000–20,000 | 25,000–35,000 | 45,000–60,000 | 70,000+ |
Renters should note that these prices may vary depending on unit condition, furnishing level, floor, view, and whether association dues are included. Units in high-end buildings or near central business districts tend to command a premium, while older units in secondary locations may offer better value for money.
3. Where to Rent in Manila: Best Districts for Condo Living
Manila offers diverse living options for different lifestyles and budgets. Here are five of the most popular districts for condo rentals:
Makati Central Business District
Known for its vibrant business environment and upscale amenities, Makati remains a top choice for professionals and executives. Its proximity to major banks, corporate offices, restaurants, and lifestyle malls such as Greenbelt and Glorietta makes it highly desirable.
Bonifacio Global City (BGC), Taguig
BGC stands out for its clean streets, walkability, and modern infrastructure. With world-class dining, shopping, and office spaces, BGC is ideal for expats, young professionals, and international families. Many buildings here offer high-end amenities and international-standard services.
Ortigas Center, Pasig/Mandaluyong
Ortigas offers a more affordable alternative to Makati and BGC while remaining accessible to workplaces and transport. The area is well connected to EDSA and MRT lines and features prominent malls like SM Megamall and Robinsons Galleria.
Bay Area, Pasay
Popular among foreign tenants and investors, the Bay Area has seen rapid condo development due to its proximity to the Mall of Asia Complex, Entertainment City, and Ninoy Aquino International Airport. Units here are often larger and newer, with excellent views of Manila Bay.
Quezon City
As the largest city in Metro Manila, Quezon City provides a mix of urban and suburban living. It is ideal for families, students, and public sector employees. Many condominiums are located near universities, hospitals, and government institutions.
4. What's Included in Most Condo Rentals?
A typical Manila condo rental, especially in modern developments, will often include the following:
Basic furnishings: bed, dining table, sofa, wardrobe
Appliances: air-conditioner, refrigerator, stove, microwave, water heater
Access to shared amenities: swimming pool, gym, function room, lobby reception
Building security: 24/7 guards, CCTV, key card access
Maintenance support from building administration
Tenants should clarify if the monthly rent includes utility bills (electricity, water, internet) and association dues. Some landlords bundle these into the rent, while others require separate payments.
5. What to Know Before Signing a Lease
Renting a condo in Manila typically involves a formal lease agreement. Standard lease terms and requirements include:
Lease term: Usually 12 months, though 6-month terms may be negotiable
Security deposit: Commonly two months' worth of rent
Advance payment: Usually one month in advance
Penalties: Early termination may result in forfeiture of the deposit or other fees
Restrictions: Subleasing, short-term rentals, and pets may be restricted depending on the building and landlord
Before signing, tenants should:
Inspect the unit in person or via video call
Request a move-in checklist to document the unit's condition
Ensure the landlord is the legal owner or has special power of attorney (SPA)
Ask for official receipts or documented payment arrangements
Working with a licensed broker or a reputable real estate firm can help ensure that the process is secure and transparent.
6. Where to Find Manila Condo Rentals in 2025
Renters can find listings through various platforms, both online and offline:
Online Platforms
Berenta (https://berenta.ph/en) – Verified units with broker support
Facebook Marketplace – Direct landlord listings (requires caution)
Rentpad, Lamudi, DotProperty – Wide inventory but quality may vary
Real Estate BrokersEngaging a licensed broker saves time and helps filter listings based on your criteria. Brokers can also assist with documentation, landlord negotiations, and move-in arrangements.
Developer Leasing OfficesSome major developers like Ayala Land, Megaworld, and DMCI offer direct rental programs for their units. These may come with slightly higher rents but include property management support.
7. Should You Rent or Buy in 2025?
While property ownership offers long-term investment benefits, many professionals and expats continue to rent due to its flexibility and lower upfront cost. For example:
Renting a one-bedroom condo in BGC may cost ₱45,000 monthly
Buying the same unit with a mortgage could require ₱70,000 monthly including taxes and fees
Renting allows mobility and easier lifestyle changes without the burden of property taxes, maintenance, and long-term commitment.
Renters who plan to stay for fewer than five years, or who value the ability to relocate quickly, often prefer renting over buying.
8. How to Stand Out as a Renter
Manila's rental market remains competitive in prime areas. To secure the best unit, prepare the following:
Valid ID (passport, driver's license)
Certificate of employment or proof of income
Bank statement or proof of funds
Reference letter from a previous landlord (if available)
Being prepared and professional during your inquiry and unit viewing improves your chances of approval. Timely communication and clear lease expectations also help build trust with property owners.
Renting Smart in Manila's Urban Core
The Manila rent market in 2025 provides a unique opportunity for both local and foreign tenants. With flexible leasing options, lower prices in some districts, and a wide range of condominiums to choose from, renters can find a unit that suits both their budget and lifestyle.
Choosing the right location, understanding your rights as a tenant, and working with a reliable agent or platform can make all the difference in securing the best possible condo rental in Metro Manila.
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