Market Trends March 15, 2026 4 min read

Metro Manila Rental Prices See 8% Increase in Q1 2026

Demand for rental properties in key business districts like Makati, BGC, and Ortigas continues to drive prices upward as more professionals return to office work.

The first quarter of 2026 has brought significant changes to the Metro Manila rental market, with average rental prices climbing 8% compared to the same period last year.

Key Drivers

The return-to-office mandates from major corporations have been the primary driver of this increase. Companies in Makati CBD, Bonifacio Global City, and Ortigas Center have required employees to return at least three days per week.

Makati CBD saw the highest increase at 10.2%, with studio and one-bedroom units being the most sought-after.

BGC (Taguig) followed closely with a 9.1% increase.

Ortigas Center experienced a more moderate 6.5% increase.