Davao, Philippines
Property prices · 2026 · Asia · Price +3.8% vs 2025
Property price trend in Davao (2024–2026)
Property comparison — cities in Philippines (2026)
Other Asia cities (2026)
Frequently asked questions
How much does property cost in Davao in 2026?
In Davao, the average price per sqm in the city centre is PHP 81,750, and PHP 54,500 outside the centre (2026 data). Prices have risen 9% since 2024.
How much is rent in Davao in 2026?
A 1-bedroom apartment in Davao rents for approximately PHP 15,260 per month in 2026. A 3-bedroom apartment costs around PHP 25,070/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 2026?
The average mortgage rate in Philippines is approximately 8.00% as of 2026. 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 +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 Davao?
The average property price per square metre in Davao city centre is PHP 81,750 in 2026. Outside the centre, expect to pay around PHP 54,500/sqm.