Makati Real Estate Investment: 5 Makati Condo Rental Price Ranges to Know
- bedandgoinc
- 2 日前
- 読了時間: 6分
One of the most common questions condo owners ask before listing their unit is: what is the average rent for condos in Makati?
The Makati condo rental price depends on several factors, including unit size, bedroom type, location within Makati, furnishing condition, building quality, parking availability, and whether the unit is in a prime area like Salcedo Village, Legazpi Village, Rockwell, Greenbelt, or along Ayala Avenue.
BedandGo Inc. assists condo owners and investors in Makati, BGC, and Metro Manila with rental pricing guidance, tenant search, listing preparation, viewing coordination, leasing support, and property management. For owners unsure where to start, understanding the general rent ranges by unit type is a practical first step.
Here are five average condo rent ranges in Makati that owners should know before setting a price.
Studio Condos
Studio condos in Makati can start from around PHP 22,000 per month for unfurnished units in standard buildings, and range up to PHP 38,000 per month for furnished studios in better-located or higher-tier buildings.
Based on current listing data, studio condos in Makati CBD start at around PHP 22,000 per month unfurnished and PHP 28,000 per month furnished, with price differences driven largely by location and building quality.
Studios in Salcedo Village or Legazpi Village tend to sit at the higher end of this range compared to those in peripheral Makati areas.
1-Bedroom Condos in Prime Makati Areas
1-bedroom condos in Makati commonly range from around PHP 25,000 to PHP 60,000 per month, depending on the building, floor level, furnishing, and exact location.
Furnished units in well-located buildings tend to attract corporate tenants and expats, who generally represent the strongest demand in this segment.
Mid-Tier 1-Bedroom or Smaller Units
Not all 1-bedroom units in Makati fall into the premium range. Some mid-tier buildings or units in less central parts of Makati may rent for around PHP 28,000 to PHP 40,000 per month.
For owners with units in these areas, pricing competitively against similar listings in the same building or nearby street is particularly important to avoid extended vacancy.
2-Bedroom Condos
2-bedroom condos in Makati vary widely depending on size, parking, furnishing, floor level, and building tier.
Active listings on Housal show 2-bedroom condos for rent in Makati ranging from PHP 40,000 to PHP 150,000 per month, with a median of around PHP 50,000 per month across 140 active listings as of June 2026. Premium buildings in Rockwell and Salcedo Village, such as One Rockwell and Shang Salcedo Place, sit at the higher end of this range.
Owners with 2-bedroom units should compare their unit's size, furnishing, parking, and floor level against active listings in the same area before setting a price.
Premium and Larger Condos
Larger 2-bedroom, 3-bedroom, and premium units in luxury buildings or serviced residences can push the average considerably higher.
Based on current listing summaries, 3-bedroom units in premium Makati locations can range from PHP 100,000 to PHP 175,000 per month or more, depending on the building, floor, and furnishing. Rockwell Center properties consistently sit at the top of Makati's rental range, while serviced residences and hotel-condominiums in the CBD may also command premium rates for corporate lease packages.
For owners in this segment, the tenant profile shifts toward corporate lessees, senior executives, and diplomats, which affects both pricing and lease terms.
Why Makati Condo Rental Price Varies
Even within the same building, two units of the same size can rent for different prices. Here are the main factors that affect the final figure.
Location within Makati. Salcedo Village and Legazpi Village typically command a premium over other Makati areas. Proximity to offices, malls, transport, and lifestyle areas matters significantly to the tenant pool.
Unit size and bedroom type. Larger units naturally rent for more, but price per square meter also varies by bedroom type and building tier.
Furnishing condition. Furnished units generally command 25 to 40% more than unfurnished units of the same size, but the quality of furnishing matters. A poorly furnished unit may not justify the premium.
Building quality and amenities. Pool, gym, concierge, 24-hour security, and overall building condition all affect tenant willingness to pay.
Parking. A unit with dedicated parking in a prime Makati building can justify a meaningfully higher rent than a similar unit without parking.
Floor level and view. Higher floors and open city or garden views typically add to rental value.
Unit condition. A well-maintained, recently refreshed unit will rent faster and for more than one that needs visible repair work.
What Owners Should Check Before Setting Rent
Setting the wrong price in either direction creates problems. Setting rent too high may lead to a longer vacancy period, which erases any theoretical income advantage. Setting rent too low may reduce the owner's potential rental income below what the market would actually support.
Before setting a price, check the following:
Comparable active listings in the same building or nearby buildings
Unit size relative to those listings
Bedroom type and total floor area
Floor level
Furnishing condition and quality
Parking availability
Building age and overall condition
Available amenities
Number of competing listings currently active
Recent tenant inquiry patterns, if available
The most reliable reference point is what similar units in the same building or the same street are actually listing for right now, not what they listed for six months ago.
How BedandGo Helps Owners With Makati Condo Rentals
BedandGo Inc. assists condo owners in Makati, BGC, and Metro Manila with rental pricing guidance, tenant search, listing preparation, viewing coordination, lease support, and property management.
For owners unsure how much rent to ask, BedandGo can review the unit details, compare similar rental listings, and help recommend a practical rental range based on location, size, furnishing, parking, and condition.
This is especially helpful for overseas owners, Japanese owners, OFWs, and investors who cannot personally monitor the Makati rental market or visit the unit regularly to assess its current condition against competing listings.
Conclusion
Makati condo rent depends heavily on unit type, location, furnishing, and building quality. Studios can start from around PHP 22,000 per month, while 1-bedroom condos commonly range from around PHP 25,000 to PHP 60,000 per month depending on the area and building. 2-bedroom and larger units vary widely, with premium buildings in Rockwell and Salcedo Village sitting well above the mid-market range.
Need help pricing or renting out your Makati condo? Contact BedandGo Inc. with your property name, unit size, bedroom type, furnishing status, parking availability, and expected rental price so our team can review the next steps.
Frequently Asked Questions
What is the average rent for condos in Makati?
The average rent for condos in Makati depends on unit size, location, and furnishing. Studio condos can start from around PHP 22,000 per month, 1-bedroom condos commonly range from around PHP 25,000 to PHP 60,000 per month, and 2-bedroom units vary widely with a median of around PHP 50,000 per month based on current active listings. Premium and larger units in Rockwell or Salcedo Village can go significantly higher.
How much is a 1-bedroom condo for rent in Makati?
A 1-bedroom condo in Makati CBD commonly ranges from around PHP 25,000 to PHP 60,000 per month. Mid-tier areas may fall around PHP 28,000 to PHP 40,000 per month, while prime addresses like Legazpi Village and Salcedo Village can range from PHP 45,000 to PHP 60,000 per month or more for furnished units.
Why do Makati condo rental prices vary so much?
Rental prices vary because of differences in location within Makati, unit size, furnishing condition and quality, building tier and amenities, parking availability, floor level, unit condition, and current competing listings. Two units of the same bedroom type in the same area can rent for very different prices depending on these factors.
How can condo owners set the right rental price in Makati?
Owners should compare their unit against active listings in the same building or nearby buildings, taking into account size, furnishing, parking, floor level, and building quality. Setting rent too high risks extended vacancy. Setting rent too low reduces potential income. A practical approach is to check what similar units are actually listing for right now, not historical figures.
Can BedandGo help rent out a condo in Makati?
Yes. BedandGo Inc. assists condo owners in Makati, BGC, and Metro Manila with rental pricing guidance, tenant search, listing preparation, viewing coordination, lease support, and property management. Owners can contact BedandGo with their unit details for a review of the next steps.
Sources
Luxury Makati. Makati Condo for Rent 2026
Luxury Makati. How much does it cost to rent a 1BR in Makati?
HousingInteractive. Condo for Rent in Makati
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