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Manila, Metro Manila Condo For Rent

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Vertical living in the capital of the Philippines: Investing in a Manila, Metro Manila condo for rent

Modern living has been synonymous with condo dwelling. Most condominium projects are located in or close to essential landmarks and establishments such as CBDs, universities, malls, and entertainment centers. Aside from admiring the view of the cityscape from your condo unit, condominium living means having access to lifestyle amenities that are otherwise too costly to include in your own house and lot. These include a gym, jogging path, sauna, lounge, and swimming pool.

Manila, the Philippines' capital, is one of the top places for condo renters, with most of them concentrated in the area called the University Belt. Aside from students, most condo dwellers in the area are foreigners and professionals who want to live closer to offices, malls, and entertainment centers. Experience first-hand modern living in the Philippines’ capital by living in a condo for rent in Manila, Metro Manila.

Nearby Establishments

There’s a lot to see and do in Manila. That is why many people, even foreigners, are choosing to stay in this city. Aside from top-notch universities, you can also find hospitals, malls, and recreational parks in the city. And all of these are accessible by public transport such as trains, buses, jeepneys, taxis, UV Express vans, FXs, and pedicabs. 

The majority of condo for rent in Manila, Metro Manila are located close to universities such as:

  • De La Salle University-Manila
  • University of the Philippines Manila 
  • University of Santo Tomas
  • Mapua University Manila
  • Philippine Women’s University
  • La Consolacion College Manila
  • Colegio de San Juan de Letrán
  • San Beda College - Recoletos

There are many shopping malls in Manila that cater to the rich as well as budget-conscious individuals. Some of these are:

  • SM Mall of Asia
  • Robinsons Place Manila
  • Century City Mall
  • 168 Shopping Mall
  • SM City Manila
  • UN Square Mall
  • Tutuban Center
  • SM City Sta. Mesa

Some well-known hospitals and medical establishments found in Manila are:

  • Manila Doctors Hospital
  • Philippine General Hospital
  • Chinese General Hospital and Medical Center
  • Sta. Ana Hospital
  • UERM Memorial Medical Center
  • University of Santo Tomas Hospital
  • Mary Chiles General Hospital

Local and international tourists flock to Manila for must-visit destinations found in the city. These include:

  • Quiapo Church
  • Binondo
  • Intramuros
  • Ocean Park
  • Roxas Boulevard
  • Rizal Park

The cost of leasing in a condo for rent in Manila, Metro Manila

The cost of living in Manila is slightly more affordable than in Makati, so you can expect that the rental fees in Manila are more reasonable. One-bedroom condo units have a monthly rental fee of PhP 10,500 to PhP 55,000. Rentals of two-bedroom condos cost PhP 12,000 to PhP 75,000. If you want a generously spaced condo unit, a six-bedroom, bi-level, newly renovated penthouse unit is for rent for PhP 600,000 a month. This is perfect for prominent families and staff housing.

Why reside in Manila?

Manila is highly accessible and affordable. Living here means experiencing work-life balance. There are many job opportunities in the city, and working in nearby CBDs such as Makati and Ortigas is also a breeze. You can ride the trains or take the inner roads to reach these cities and avoid heavy traffic. After a day’s work, there are plenty of places to unwind in Manila, such as restaurants, bars, museums, and cultural centers.

Investment and business opportunities

There are a lot of investment and business opportunities in Manila. If you have the means, consider investing in a condo unit near one of the city's universities and lease it to students, foreign exchange students, or international tourists who are in the city for leisure and business. You can also consider renting commercial and office spaces in Manila and make it the location of your business.

FAQs

Are there affordable condos in Taft for rent?

Yes. Condominium projects such as The Manila Residences Cityland, Green Residences, Vista Taft, and One Archer’s Place offer one-bedroom units for PhP 12,500 to PhP 19,000 a month.

How much is the cost of bedspacing in an apartment for rent in Manila, Metro Manila?

Bedspacing is an affordable option for those thinking of renting in Manila. The cost of bed spacing in the city ranges from PhP 3,000 to PhP 6,000.

What is the price range of condominium units for sale in Manila, Metro Manila?

If you are interested in purchasing a condo unit in Manila, prepare a budget of PhP 2,000,000 to PhP 11,700,000.