Manila Rent Guide: How Much Does It Cost to Rent a Condo in Metro Manila as a Foreign Student?
- bedandgoinc
- 7 時間前
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May 15, 2025
Metro Manila has become one of Southeast Asia's most exciting education hubs, attracting students from across Asia, Europe, and the Middle East. With top universities like De La Salle University, Ateneo de Manila, and the University of the Philippines, many foreign students consider living in a condo for convenience, safety, and lifestyle comfort.
But how much does it actually cost to rent a condo as an international student in Metro Manila? This guide will walk you through 8 key cost-related considerations—from monthly rent prices to upfront fees — so you can plan your budget smartly.
1. Monthly Rent: Expect ₱18,000–₱45,000 Depending on Location
Rental prices in Metro Manila vary widely depending on the area. In major academic and commercial zones like Makati, Bonifacio Global City (BGC), and Ortigas, expect to pay ₱25,000–₱45,000/month for a studio or one-bedroom condo. In university-centered areas like Taft (near DLSU) or Katipunan (near Ateneo), smaller units can go for ₱18,000–₱30,000/month.
Tip: Sharing a 2-bedroom unit with a friend can cut your costs in half.
2. Security Deposit and Advance Rent: Usually 2 Months + 1 Month
Landlords typically require a 2-month security deposit and 1-month advance rent. This means before moving in, you'll need to prepare around ₱54,000–₱135,000, depending on the monthly rate. This fee is refundable at the end of your lease, assuming no damage or unpaid dues.
Pro tip: Always request an official contract or lease agreement to protect your deposit.
3. Association Dues: ₱1,500–₱3,500 Monthly
Association dues cover the building's maintenance and amenities like the pool, gym, lobby staff, and garbage collection. These fees are usually not included in the advertised rent and can range from ₱50–₱100 per sqm.
Example: If your condo is 30 sqm, expect ₱1,500–₱3,000/month in dues.
4. Utilities: Electricity, Water, Internet (~₱2,000–₱5,000)
Utility bills depend on your lifestyle and whether your condo has air conditioning or a washing machine. Here's a general estimate for one student:
Electricity: ₱1,000–₱3,000
Water: ₱200–₱400
Internet: ₱1,500–₱2,000
Some condos already have internet set up—double-check with the landlord before applying.
5. Furnishing: Look for Fully Furnished Units to Save Costs
Many condos in Metro Manila are offered fully furnished—especially those targeting students and expats. A fully furnished unit typically includes:
Bed & mattress
Air conditioner
Refrigerator
Stove or induction cooker
Basic kitchenware
Washing machine (in some cases)
Renting a bare or semi-furnished unit may lower the price by ₱3,000–₱5,000/month, but furnishing it yourself can become a hassle and an extra expense.
6. Lease Terms: Minimum of 6 Months to 1 Year
Most landlords require a 6-month to 1-year lease for foreign tenants. Short-term rentals (1-3 months) are available but usually cost more—sometimes 30% higher per month.
If you're staying in Manila for a full academic year, it's financially smarter to go for a 12-month lease.
Tip: Make sure your visa or study permit aligns with your lease duration.
7. Location Matters: Choose Student-Friendly Neighborhoods
Here are average monthly rental costs in student-heavy areas:
Taft Avenue (DLSU/CSB): ₱18,000–₱28,000
Katipunan (Ateneo/UP): ₱20,000–₱30,000
Makati (iAcademy/Mapúa): ₱25,000–₱40,000
BGC (international schools): ₱30,000–₱45,000
Ortigas (UA&P/La Salle Green Hills): ₱22,000–₱35,000
Each area has its pros and cons in terms of walkability, safety, transport, and amenities. If you want nightlife and high-end living, Makati or BGC is ideal. If you want proximity to campus, Taft or Katipunan is better.
8. Additional Fees: Parking, Cleaning, and Agent Commission
Parking space rental (if needed): ₱3,000–₱5,000/month
Cleaning services (optional): ₱500–₱800 per session
Agent/broker fee: Some listings involve an agent who may charge 1 month's rent as commission—though this is often waived or paid by the landlord in student leases.
Make sure to clarify any extra fees before signing.
Smart Budgeting is Key to a Smooth Stay in Metro Manila
Renting a condo in Metro Manila as a foreign student can be an enjoyable and secure experience, provided you understand the real costs involved. On average, expect to spend ₱25,000 to ₱50,000 per month including rent, dues, and utilities.
While it may seem pricey at first, living in a condo offers comfort, security, and access to amenities that make student life more convenient—especially in a bustling, tropical megacity like Manila. Whether you're studying for a semester or a full degree, plan your housing wisely, choose a location close to school, and ask for a written lease to protect your rights.
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