Cebu City, an independent city, is the fifth-largest city in the Philippines, with a total population of 964,169, according to the 2020 Census. It is the capital of the Cebu province and the center of Metro Cebu, which is the second-largest metropolitan area in the country.

The city is bordered by several others, such as Mandaue City and the city of Talisay. It is located at the center of the province, an island which in itself is already at the center of the Visayas region. This very central character is one of the reasons why an apartment for rent in Cebu City is such a coveted piece of real estate.

Nearby Establishments

The city is home to many national landmarks and monuments that are easily accessible from anywhere in the city. Among the top tourist spots around Cebu City are:

Magellan’s Cross
Fort San Pedro
Yap-San Diego Ancestral House
Casa Gorordo Museum
National Museum
Cathedral Museum

Also in Cebu City are mixed-use developments that house commercial establishments, office buildings, and residential properties, providing the ultimate urban living experience to the residents. Within Cebu City are:

Oakridge Business Park
Cebu Business Park
Cebu Asia Town IT Park

Average Rental Prices in Cebu City

If you are looking for an apartment for rent in Cebu City, the base price for rental rates starts at PhP 400 per square meter. The average rental rate for shared apartments starts at PhP 1,500 to PhP 7,500, while studio and one to two-bedroom solo apartments start from PhP 16,000 to PhP 30,000.

Why Rent an Apartment in Cebu City

As the Philippines’ oldest city, the Queen City of the South is one of the most highly-developed provincial cities in the country. Living in an apartment for rent in Cebu City means you get the best of both provincial and city living. Modern conveniences are readily available in the city center, and it doesn’t take long to get to some of the most beautiful natural wonders in the world.

Cebu City is divided into two districts and 80 barangays. The sheer number and diversity of neighborhoods here make finding apartments for rent in Cebu City very easy. You can find a rental in barangays like Guadalupe, Quiot Pardo, Banilad, Punta Princesa, and Lahug. Each neighborhood has its own character and conveniences. There are many other locations to find an ideal apartment for rent in Cebu. The locale offers convenience, affordability, and beauty, especially in the municipalities of Apas, Banilad, Luz, Mabolo, and many more. These are enough incentives to live in the city and consider an apartment for rent in Cebu.

Work and Investment Opportunities

There is something in Cebu for everyone, regardless of lifestyle, needs, or budget.

The neighborhood of Lahug, for example, is an upscale neighborhood known as the “Beverly Hills” of the city. This area is suitable for property investors seeking to invest in a house with higher appraisals. It also provides convenience to its residents as it is filled with parks, schools, supermarkets, restaurants, and bars, making it the perfect place for young professionals and families alike.

Also in Cebu are various business parks, making it easier for entrepreneurs to seek potential investors and job seekers to look for better career opportunities. Cebu City’s diverse population also makes it an excellent location for customer-driven businesses.

How to Get to Cebu City

Cebu City is easily accessible via Mactan International Airport or Cebu-Mactan Ferry Terminal. Situated in Mactan International Airport or Cebu-Mactan Ferry Terminal are various buses, jeepneys, and taxis going to different municipalities in Cebu City.

Frequently Asked Questions

Is there a bedspace apartment for rent in Cebu?

Yes, you can find several bedspacing apartments for rent in Cebu. Shared apartments are cost-effective, especially if you wish to rent near the city center, where the rental rates are higher.

Is there an affordable apartment for rent in Cebu below 10k?

Yes, there are various affordable apartments for rent in Cebu below 10k. Since provincial rates apply in most areas in Cebu, you can get high-quality accommodations for a great price.

Is there a 3-bedroom apartment for rent in Cebu?

Yes, there are a number of 3-bedroom apartments for rent in Cebu. You can comfortably live with your family in these spacious apartments.

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