Year: 2026 2025 2024
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Davao, Philippines

Property prices · 2025 · Asia · Price +5% vs 2024

Price/sqm — City Centre PHP 78,750
Price/sqm — Outside Centre PHP 52,500
1-Bed Rent / Month PHP 14,700
3-Bed Rent / Month PHP 24,150
Avg Mortgage Rate 8.00%
Price-to-Rent Ratio 21.0x Renting is generally more cost-effective

Property price trend in Davao (2024–2026)

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Property comparison — cities in Philippines (2025)

City Centre /sqm Outside /sqm 1-Bed Rent vs Davao
Davao PHP 78,750 PHP 52,500 PHP 14,700
Cebu PHP 126,000 PHP 84,000 PHP 23,100 +60%
Manila PHP 98,800 PHP 60,320 PHP 29,120 +25.5%

Other Asia cities (2025)

Frequently asked questions

How much does property cost in Davao in 2025?

In Davao, the average price per sqm in the city centre is PHP 78,750, and PHP 52,500 outside the centre (2025 data). Prices have risen 9% since 2024.

How much is rent in Davao in 2025?

A 1-bedroom apartment in Davao rents for approximately PHP 14,700 per month in 2025. A 3-bedroom apartment costs around PHP 24,150/month.

Is it better to buy or rent in Davao?

Renting is generally more cost-effective in Davao. The price-to-rent ratio is 21.0x — it would take approximately 21.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 8.00%.

What are mortgage rates in Philippines in 2025?

The average mortgage rate in Philippines is approximately 8.00% as of 2025. With a price-to-rent ratio of 21.0x, buyers should carefully weigh mortgage costs against rental savings.

How have property prices in Davao changed?

Property prices in Davao have changed +5% vs 2024. Since 2024, prices have increased by 9%. Use the year tabs above to compare prices across years.

What is the price per sqm in Davao?

The average property price per square metre in Davao city centre is PHP 78,750 in 2025. Outside the centre, expect to pay around PHP 52,500/sqm.

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