
Home Price Key
These days, finding an affordable place to live in the Manila area can be challenging. Home prices in Manila are now at a median cost of $298,800, lower than the California average of $648,235.
The average cost of rent is $1,207/mo in Manila, primarily driven by the current value of real estate in the Manila area. While nearly 65.84% of residents own their homes outright in Manila, 50.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in Manila is $4,696 per month. Households that rent pay about 25.70% of their income on rent here. Manila's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
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Cities with Similar Populations
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