The country’s developing economy undoubtedly supports individuals who are still establishing themselves. Young professionals or starting families are provided a strong foundation for job and business opportunities. Along with the goal to establish a career is the desire to start an in

As a tenant, you have the flexibility to relegate your chosen home with a fixed leasing fee you can afford.

You are spared from handling your own maintenance and repairs.

Part of your expenses and other household responsibilities are shouldered by your landlord.

Renting furnished property relieves you from the stress of having to buy everything you need, as well as thinking about the design of your interiors.

You gain access to the facilities available in your building.

You are spared from the burden of paying real estate tax, as this becomes the responsibility of your landlord.

Furthermore, condos for rent allow you to enjoy amenities, such as swimming pools, fitness centers, daycare centers, landscaped gardens, and children’s playgrounds, which are costly on their own. It also initially helps you save a significantly larger portion of your finances by sparing you from down payments that come with purchasing a home. In the long run, a condo for rent also eliminates the investment risks associated with the value of property owned because of a fluctuating market situation.

Nearby Establishments

When living in condos for rent in metro areas, you might want to consider renting near commercial establishments such as the following:

Metro Manila:

SM Mall of Asia
Robinsons Place Manila
TriNoma
SM North EDSA
SM Fairview
Eastwood City
Greenbelt Malls
Glorieta Malls
Power Plant Mall
SM Aura
SM Makati
Metrowalk

Metro Cebu:

Streetscape Mall Cebu
SM City Consolacion
Robinsons Cybergate Cebu
Banilad Town Centre
JY Square Mall
Starmall Talisay Cebu

Metro Davao:

Center Point Plaza
Gaisano Grand Calinan
SM City Davao
SM Lanang Premier
NCCC Mall VP
Gaisano Grand Citygate Mall Davao
Vista Mall Davao

Why Choose Condos for Rent in the Philippines

Condominiums for rent are available practically everywhere, particularly in heavily populated areas like Metro Manila, Metro Cebu, and Metro Davao. Major property developers like Megaworld, Ayala Land, SM Development Corporation (SMDC), and Century Properties have created a variety of styles, ranging from resort-style buildings to transit-oriented developments. The majority are close to public transportation, shopping, and educational facilities.

Whether renting short-term or long-term, it is important to determine the perfect fit between your choice and your needs. Ask yourself the following questions:

Is the condo for rent within your budget?

Units in Makati or Taguig usually command premium prices, while those in Mandaluyong, Quezon City, and Pasig are relatively more affordable. The cheapest condos for rent are in places like Manila or in the province.

Is it in a location proximate to your workplace, your children’s educational institution, and your preferred commercial areas?

Although most people prefer to live in or near the Makati Central Business District, Bonifacio High Street, and Ortigas Center, there are other popular areas. These include Araneta Center and Eastwood City in Quezon City.

How welcoming is the neighborhood?

Depending on your lifestyle, the busiest cities may not always be the most ideal. Living in the south - Paranaque or Muntinlupa - may benefit you more than living in the center.

Have you inspected its electricity, water system, furnishings, and security locks?

Check if everything works, because you would not want to have to go through repairs immediately after moving in.

Most importantly, carefully read the contract prior to signing because it is the fundamental basis of the rights and responsibilities between the tenant and the landlord.

Price Range of a Condo for Rent in the Philippines

Condominiums are strategically located near business districts, shopping malls, educational institutions, and offices across the country. The majority of rental condos can be found in Metro Manila, particularly in Makati, Taguig, Pasig, and Mandaluyong. Condo unit pricing, like any other property, is influenced by its location, features, amenities, and demand. It’s ideal to live in a condo that’s within walking distance to your office or school. People opt to rent a condo unit by means of convenience, especially when you consider the time and money you’ll save from skipping the commute. If you’re interested in a condo for rent, here are the price range depending on the location:

Manila - PHP 5,900 to PHP 300,000
Makati - PHP 9,000 to PHP 800,000
Mandaluyong - Php 8,000 to PHP 210,000
Pasig - PHP 7,000 to PHP 290,000
Taguig - PHP 10,000 to PHP 700,000
Laguna - PHP 9,000 to PHP 65,000
Pampanga - PHP 20,000 to PHP 120,000
Cebu - PHP 6,500 to PHP 200,000

Investment Opportunities

In most major cities, high-rise condominiums have become the standard, and developers have responded by devising new ways to make condo life more comfortable and convenient. While this is good news for most property buyers, it poses a problem for those with limited funds. The more expensive a condominium unit is, the newer and more inventive the complex is, and the better the location. This is why some people prefer to rent rather than buy.

Fortunately, you can purchase a condo for rent unit through a rent-to-own scheme which is available almost everywhere on the market, allowing those unable to afford a down payment a chance at having their own place of convenient urban living. One basically pays a usually higher than the average rental rate, but this becomes the means of slowly paying for ownership of the condominium.

Frequently Asked Questions

Is there a cheap condo for rent below 10k?

Yes, there are affordable condos for rent below 10k a month. You don’t need to spend too much money to live in a prime location with convenient amenities to enrich your life.

Is there a 3-bedroom condo for rent?

Yes, you can find 3-bedroom condos for rent. These spacious condos are great for families or groups of friends and co-workers who need a place to stay.

Is there a condo for rent with a swimming pool?

Yes, condos for rent with a swimming pool are a great if you want to keep fit and relax in the water every once in a while.

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