Cebu, Philippines
Property prices · 2026 · Asia · Price +3.8% vs 2025
Property price trend in Cebu (2024–2026)
Property comparison — cities in Philippines (2026)
Other Asia cities (2026)
Frequently asked questions
How much does property cost in Cebu in 2026?
In Cebu, the average price per sqm in the city centre is PHP 130,800, and PHP 87,200 outside the centre (2026 data). Prices have risen 9% since 2024.
How much is rent in Cebu in 2026?
A 1-bedroom apartment in Cebu rents for approximately PHP 23,980 per month in 2026. A 3-bedroom apartment costs around PHP 39,240/month.
Is it better to buy or rent in Cebu?
Renting is generally more cost-effective in Cebu. The price-to-rent ratio is 22.0x — it would take approximately 22.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 8.00%.
What are mortgage rates in Philippines in 2026?
The average mortgage rate in Philippines is approximately 8.00% as of 2026. With a price-to-rent ratio of 22.0x, buyers should carefully weigh mortgage costs against rental savings.
How have property prices in Cebu changed?
Property prices in Cebu have changed +3.8% vs 2025. Since 2024, prices have increased by 9%. Use the year tabs above to compare prices across years.
What is the price per sqm in Cebu?
The average property price per square metre in Cebu city centre is PHP 130,800 in 2026. Outside the centre, expect to pay around PHP 87,200/sqm.