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House for Rent in Marikina - Marikina Rental Homes | Lamudi

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One of the cities comprising Metro Manila, Marikina was once part of the province of Rizal before it was excised from the province and incorporated into the newly created Metropolitan Manila in 1975.

Data from the Department of Education shows that there are 17 and 14 public primary and secondary schools in Marikina, while there are about 80 private schools in the city.

A total of 16,677 business establishments are registered to operate in the city as of 2015, according to data from the National Competitiveness Council (NCC).

Marikina has 324 financial institutions licensed by the Bangko Sentral ng Pilipinas. These financial institutions include local branches of universal/commercial banks, savings/thrift banks, rural banks, pawnshops, money changers, cooperatives, and others.

Malanday is Marikina’s most populous barangay, which according to the 2010 Census is home to 55,442 residents.

 

From Shoe Capital to One the Most Progressive Cities

Villa-Style House Ready to Occupy

The city of Marikina has come a long way. Starting as rural barrio during the Spanish times, it became one of the component municipalities of the newly created province of Rizal during the American period. Then by virtue of the Presidential Decree No. 824 enacted in 1975, it became one of the component municipalities of the newly created Metropolitan Manila Area. In 1996, it became a full-fledged city.

Marikina is well known for its shoe industry. The city is the Philippines’ largest exporter of leather shoes, although footwear is just one of its major products. It is also home to a number of manufacturing plants, most notable of them include, Lucio Tan’s Fortune Tobacco, U.S. cigarette-maker Philip Morris, firearms manufacturer Armscor, and Japanese company Noritake. The city’s manufacturing industry has made it one of Metro Manila’s most prosperous local government units.

 

Living in a House for Rent: Marikina and Its Options

The upbeat economy of Metro Manila has made it the most popular option for people looking for residential properties, especially houses for rent in Marikina. Not only is the city home to a huge population of employees who work in Makati, Taguig, and Ortigas Center, but many residents of the neighboring Rizal towns also migrate here to take advantage of the city’s employment opportunities. As of the 2015 Census, the city’s population is close to half a million, and is growing at about 1.5% per year.

A Modern Home Brand New

Just like the neighboring Quezon City, Marikina is also home to numerous residential subdivisions or gated communities. The most well known and largest among them are Paliparan Subdivision and SSS Village, both of which are massive suburban sprawls home to thousands of middle-class Filipino families. However, in recent years, the  city has also seen the development of villages aimed at the high-end market, including Loyola Grand Villas close to Quezon City, Provident Village, Marikina Heights, and Rancho Estate Subdivision. Therefore, looking for a Marikina house for rent is quite an easy feat. There are plenty of options for every possible budget, and would-be residents of the city are assured that the property they choose is easily accessible, thanks to the city’s improving transportation infrastructures.

Furthermore, families who choose to settle in a house for rent in Marikina need not travel or drive far for their weekend rest and recreation. The city is home to two large SM malls: SM City Marikina and SM City Masinag (close to Antipolo), while Federal Land built its own commercial center in the city: Blue Wave Marikina, which is also an IT center accredited by the Philippine Economic Zone Authority. There is also the Riverbanks Center (also known as Marikina Riverbanks), a 21-hectare mixed-use development home to call centers, schools, about 200 commercial tenants, and whatis perhaps the world’s largest pair of shoes—a tribute to the industry that made it the progressive city that it is today.