Filipinos have high regard for value for money and practicality. Yes, the number of houses and lots and condominium units for rent in the country is increasing. However, Philippine apartments for rent are still one of the top options of Pinoys who are looking for dignified, safe, and affordable temporary housing.
Living in an apartment for rent in the Philippines is an excellent way to settle in a decent home while saving up enough money to afford to purchase a condo unit or a house and lot for sale.
The National Capital Region is filled with apartments close to or accessible to CBDs, universities, commercial centers, transportation terminals, hospitals, and places of worship.
Cities and districts in Metro Manila where you can find available apartments for rent include:
Signal Village, Taguig
P. Cruz, Mandaluyong
Highway Hills, Mandaluyong
Fairview, Quezon City
Project 8, Quezon City
There are plenty of locations where you can consider renting an apartment for those who prefer living outside the metro or Luzon. Some of these places include:
Santo Tomas, Batangas
Renting an apartment in the metro may require you to spend PhP 5,000 to PhP 150,000 a month. Pricier apartments tend to be more generously spaced and fully-furnished, making them more costly compared to others. If you are renting outside Metro Manila, rental fees range from PhP 8,000 to PhP 48,000.
Features and amenities commonly included in apartments for rent in the Philippines are garages, balconies, Wi-Fi connection, and 24/7 security.
Apartment living enables you to be closer to your neighbors and community. Since there are fewer residents in an apartment, getting to know your neighbors is a lot easier, and so is forming friendships. This is especially helpful to solo renters who had to leave their hometowns to seek better career opportunities in highly urbanized areas.
Living in an apartment for rent in the Philippines is ideal for people who are always on the go. For example, some professionals are required to move from one location to another in short periods for their employment. When living in an apartment, so long as you have paid your rental fees and other bills, you can immediately move out and transfer to a new location where you need to be.
If you own an apartment in the Philippines, it would be great to add a commercial space in your apartment and lease it to entrepreneurs looking for commercial spaces. You can also opt to rent it to your tenants who want to sell items such as food and household goods.
If you are a tenant in an apartment and there’s a commercial space available in your complex, why not rent it and start a business such as a sari-sari store, self-service laundry, or water refilling station.
Yes. There are over 100 units with three bedrooms. Rental fees in these spacious units start at PhP 17,000 and can be as high as PhP 190,000 a month.
Are there apartments for sale in the Philippines?
Yes. Investing in a three-door apartment building will cost you PhP 15,000,000 to PhP 21,000,000. Depending on each unit's location, size, and furnishing, you can lease a unit for PhP 10,000 to PhP 30,000.
Yes. Bedspacing in an apartment is one of the most budget-friendly options you can try. The monthly fee starts at PhP 1,800 for an apartment outside Manila and PhP 2,200 for apartments located within NCR.