How Can Expats Navigate Manila's Rental Market in 2025? Insights on Housing Options, Prices, and Locations

January 9,2025

Moving to a new city presents both opportunities and challenges, particularly when it comes to securing the perfect living arrangement. For expats and newcomers in Metro Manila, Philippines, finding the right accommodation can seem daunting. This guide offers a detailed overview of renting in Manila, including the types of properties available, pricing dynamics, favorable neighborhoods, and practical tips to facilitate a seamless transition.

Types of Rental Properties

In Metro Manila, a variety of rental property types cater to diverse needs and budgets:

Condos/Apartments: Typically, these are units within buildings owned entirely by a landlord, offering an affordable and convenient urban living solution.
Townhouses: These attached residential units often include luxurious amenities such as swimming pools and gyms and provide enhanced security.
House and Lots: These detached homes come with private yards, making them ideal for those desiring more living space or having family and pets.

Advantages of Renting Condominiums in Manila

Renting a condominium in Manila offers several benefits, particularly appealing to expats due to:

Convenience and Location: Many condos are situated in central areas close to business districts, shopping, dining, and entertainment, reducing commute times.
Amenities: Modern condominiums typically feature amenities like fitness centers, swimming pools, and 24-hour security, enhancing lifestyle and safety.
Maintenance and Upkeep: Condo management usually handles maintenance and repairs, alleviating these responsibilities from the renter.
Community Environment: Living in a condo provides a sense of community with other residents, which can be comforting for newcomers looking to establish social connections.
Flexibility: Leasing a condo offers more flexibility than buying property, which is beneficial for expats who might not stay long-term.

Prices

Rental costs in Manila vary significantly based on location, property type, and included amenities. Furnished units command a premium over unfurnished ones, typically by ₱10,000 to ₱15,000 (about $195 to $292) monthly. Online platforms like Facebook Marketplace are useful for comparing current listing prices to gauge reasonable rates in desired areas.

Neighborhoods in the NCR

Metro Manila offers a plethora of neighborhoods each offering unique advantages:

Makati and Bonifacio Global City (BGC): These districts are known for their robust expat populations, international schools, and excellent healthcare facilities, though they are among the pricier options.
Ortigas Center: This business district in Pasig City is another popular choice among expats, known for its comprehensive amenities.
Kapitolyo: Famed for its culinary scene, this area offers a vibrant lifestyle with numerous dining and leisure options.
Antipolo: Located outside the immediate metro area, this cooler, mountainous region offers more affordable rents and a peaceful setting, suitable for those desiring a quieter lifestyle.

Finding a Rental Unit

Expats can utilize various methods to find suitable rental accommodations in Manila:

Internet Sites: Websites provide listings, though it's crucial to watch for outdated information.
Facebook Marketplace: This platform allows direct interaction with landlords, offering a real-time view of available properties.
Realtors: Professional agents can facilitate the rental process, helping with paperwork and negotiation.

Renting vs. Buying

For foreigners, renting is generally simpler and more feasible than buying property due to legal restrictions on land ownership. However, the Condominium Act permits expats to own condominiums under certain conditions, providing a potential path to property ownership.

Key Considerations

When choosing a rental in Manila, consider the following:

Traffic: Select a location that minimizes daily commute times.
Language: The prevalence of English eases communication and contract understanding.
Security: Opt for properties with effective security measures.
Pets: Clarify pet policies before signing a lease.
Rental Payment: Discuss and agree on favorable payment terms.
Utilities: Assistance from landlords may be needed to set up services.
Flooding: Check for flood risks, especially during the rainy season.