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If you're looking to rent or invest in Davao City, you need to know the current rental prices and trends in the local market.
This article breaks down everything about housing rents in Davao City as of the first half of 2026, from studio apartments to family homes.
We constantly update this blog post to make sure you always have access to the freshest data on Davao City rental prices.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Davao City.
Insights
- Studio rents in Davao City average around ₱14,500 per month in 2026, which is roughly 40% cheaper than comparable units in Metro Manila's central business districts.
- The Bajada and Lanang corridors command the highest rents in Davao City, with 1-bedroom units often reaching ₱25,000 monthly due to mall proximity and newer condo developments.
- Davao City rents are growing at 3% to 6% year-over-year in 2026, a moderate pace supported by steady employment in IT-BPM and education sectors.
- Furnished condos in Davao City typically rent for 20% to 30% more than unfurnished units, and most condo listings in prime areas come fully furnished by default.
- Peak rental demand in Davao City hits between May and July, driven by the school calendar since classes open in June and families relocate beforehand.
- Properties near Ateneo de Davao University and University of Mindanao rent within 15 to 30 days on average, compared to 30 to 60 days in less central areas.
- Davao City landlords pay a combined real property tax of 2.5% of assessed value annually, which works out to roughly ₱10,000 per year for a typical condo.
- Electricity costs in Davao City dropped slightly in late 2025, with Davao Light charging around ₱9.71 per kWh as of the first half of 2026.
- Vacancy rates in prime Davao City condo corridors sit between 6% and 9%, indicating healthy demand without severe competition among landlords.
What are typical rents in Davao City as of 2026?
What's the average monthly rent for a studio in Davao City as of 2026?
As of early 2026, the average monthly rent for a studio apartment in Davao City is around ₱14,500 (approximately $255 USD or €235 EUR).
Most studio rentals in Davao City fall within a range of ₱12,000 to ₱18,000 per month ($210 to $315 USD, or €195 to €290 EUR), depending on the specific building and location.
The main factors that push studio rents higher or lower in Davao City include whether the unit is fully furnished, the building's age and amenities, and proximity to major landmarks like Abreeza Mall or SM Lanang Premier.
What's the average monthly rent for a 1-bedroom in Davao City as of 2026?
As of early 2026, the average monthly rent for a 1-bedroom apartment in Davao City is approximately ₱19,000 (around $335 USD or €305 EUR).
The realistic range for most 1-bedroom rentals in Davao City spans from ₱15,000 to ₱25,000 per month ($265 to $440 USD, or €240 to €400 EUR), with furnishing level and building quality being the biggest variables.
In Davao City, the cheapest 1-bedroom units tend to be in areas like Buhangin or outer Matina, while the highest rents cluster around Bajada near Abreeza and Lanang near SM Lanang Premier.
What's the average monthly rent for a 2-bedroom in Davao City as of 2026?
As of early 2026, the average monthly rent for a 2-bedroom apartment in Davao City is around ₱32,000 (approximately $565 USD or €515 EUR).
Most 2-bedroom rentals in Davao City fall within a range of ₱25,000 to ₱40,000 per month ($440 to $705 USD, or €400 to €645 EUR), with significant variation based on unit size and family-friendly features like parking.
The most affordable 2-bedroom units in Davao City are typically found in Talomo and Buhangin, while the priciest ones are located in the Bajada-Abreeza corridor and along the Lanang waterfront area.
By the way, you will find much more detailed rent ranges in our property pack covering the real estate market in Davao City.
What's the average rent per square meter in Davao City as of 2026?
As of early 2026, the average rent per square meter in Davao City is approximately ₱520 (around $9.15 USD or €8.35 EUR) for a typical well-located, furnished condo.
The realistic range for rent per square meter in Davao City spans from ₱350 to ₱650 ($6.15 to $11.45 USD, or €5.65 to €10.45 EUR), with mid-market condos at the lower end and prime fully furnished units at the top.
Compared to Metro Manila, where prime areas often exceed ₱800 to ₱1,000 per square meter, Davao City offers significantly better value while still providing modern condo amenities.
In Davao City, the factors that typically push rent per square meter above average include newer building age, full furnishing packages, high floors with good views, and access to pools, gyms, and 24/7 security.
How much have rents changed year-over-year in Davao City in 2026?
As of early 2026, year-over-year rent growth in Davao City is estimated at around 3% to 6%, reflecting steady but moderate increases across most property types.
The main factors driving rent changes in Davao City this year include continued employment growth in IT-BPM sectors, steady university enrollment, and the late-2025 interest rate cuts that made borrowing cheaper and supported housing demand.
This year's rent change in Davao City follows a similar pattern to the previous year, as the market has maintained balanced growth without the sharp spikes seen in some Metro Manila submarkets.
What's the outlook for rent growth in Davao City in 2026?
As of early 2026, projected rent growth for Davao City through the year is expected to remain in the 3% to 6% range, reflecting steady demand supported by local employment and education drivers.
The key factors likely to influence rent growth in Davao City include the BSP's recent interest rate cuts making credit more accessible, continued IT-BPM sector hiring, and the city's ongoing infrastructure improvements.
In Davao City, the neighborhoods expected to see the strongest rent growth include Lanang (due to new condo completions and airport proximity) and areas near UP Mindanao in Mintal as the campus continues expanding.
The main risks that could cause rent growth in Davao City to differ from projections include potential oversupply if too many new condos complete at once, or any economic slowdown affecting local BPO employment.
We have made this infographic to give you a quick and clear snapshot of the property market in the Philippines. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
Which neighborhoods rent best in Davao City as of 2026?
Which neighborhoods have the highest rents in Davao City as of 2026?
As of early 2026, the three neighborhoods with the highest average rents in Davao City are Bajada near Abreeza Mall, Lanang near SM Lanang Premier, and the Matina-Ecoland corridor near SM City Davao, where 1-bedroom units typically ask ₱20,000 to ₱25,000 ($350 to $440 USD, or €320 to €400 EUR) per month.
These Davao City neighborhoods command premium rents because they combine easy mall access, newer condo buildings with good amenities, strong security perceptions, and proximity to major employment centers.
The tenant profile that typically rents in these high-rent Davao City neighborhoods includes young professionals working in corporate or BPO roles, expats seeking convenience, and business owners who value central locations.
By the way, we've written a blog article detailing what are the current best areas to invest in property in Davao City.
Where do young professionals prefer to rent in Davao City right now?
The top three neighborhoods where young professionals prefer to rent in Davao City are Bajada (close to Abreeza and central services), Lanang (near SM Lanang with many newer condos), and Poblacion District near the Jacinto and Bonifacio corridors downtown.
Young professionals in these Davao City neighborhoods typically pay between ₱15,000 and ₱22,000 per month ($265 to $390 USD, or €240 to €355 EUR) for studio or 1-bedroom units.
The specific amenities that attract young professionals to these Davao City neighborhoods include walkability to cafes and restaurants, reliable fiber internet availability, gym and pool access in condo buildings, and short commutes to office locations.
By the way, you will find a detailed tenant analysis in our property pack covering the real estate market in Davao City.
Where do families prefer to rent in Davao City right now?
The top three neighborhoods where families prefer to rent in Davao City are Matina-Ecoland (good mall access and larger units), Talomo and Maa (quieter streets with a residential feel), and Buhangin (more space for the money).
Families renting 2-3 bedroom units in these Davao City neighborhoods typically pay between ₱28,000 and ₱45,000 per month ($495 to $795 USD, or €450 to €725 EUR), depending on whether they choose a condo, townhouse, or house-and-lot.
The specific features that make these Davao City neighborhoods attractive to families include proximity to schools and grocery stores, quieter streets away from commercial congestion, parking availability, and larger unit layouts suitable for children.
The top-rated schools near these family-friendly Davao City neighborhoods include Philippine Women's College of Davao, Davao Christian High School, Holy Cross of Davao College, and various public schools following the DepEd school calendar.
Which areas near transit or universities rent faster in Davao City in 2026?
As of early 2026, the three areas near universities that rent fastest in Davao City are the Jacinto area near Ateneo de Davao University, the Bolton corridor near University of Mindanao, and the Mintal area near UP Mindanao.
Properties in these high-demand Davao City areas typically stay listed for only 15 to 30 days, compared to 30 to 60 days in less central neighborhoods, because students and young professionals actively compete for well-located units.
The typical rent premium for properties within walking distance of Davao City universities or major jeepney routes is around ₱2,000 to ₱4,000 per month ($35 to $70 USD, or €32 to €65 EUR) above comparable units farther away.
Which neighborhoods are most popular with expats in Davao City right now?
The top three neighborhoods most popular with expats in Davao City are Lanang (easy airport access and modern condos), Bajada near Abreeza (central convenience and premium buildings), and Matina-Ecoland (good services and larger unit options).
Expats renting in these Davao City neighborhoods typically pay between ₱22,000 and ₱40,000 per month ($390 to $705 USD, or €355 to €645 EUR) for fully furnished 1-2 bedroom condos with comprehensive amenities.
The specific features that make these Davao City neighborhoods attractive to expats include move-in-ready furnished units, 24/7 security with controlled building access, proximity to international restaurants, and easy transportation to Francisco Bangoy International Airport.
The nationalities and expat communities most represented in these Davao City neighborhoods include retirees from the United States, Japan, South Korea, and various European countries, many drawn by the city's lower cost of living and safety reputation.
And if you are also an expat, you may want to read our exhaustive guide for expats in Davao City.
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Who rents, and what do tenants want in Davao City right now?
What tenant profiles dominate rentals in Davao City?
The top three tenant profiles that dominate the rental market in Davao City are young professionals and early-career couples, university students, and families looking for 2-bedroom or larger units.
In Davao City, young professionals account for roughly 40% to 45% of condo rental demand, students represent about 25% to 30%, and families make up the remaining 25% to 30% across condos, townhouses, and house rentals.
Young professionals in Davao City typically seek studio or 1-bedroom furnished condos near Bajada or Lanang, students often look for smaller units near campus, and families generally require 2-3 bedroom units with parking in areas like Talomo or Buhangin.
If you want to optimize your cashflow, you can read our complete guide on how to buy and rent out in Davao City.
Do tenants prefer furnished or unfurnished in Davao City?
In Davao City, approximately 60% to 65% of condo tenants prefer furnished units, while house and townhouse renters more often choose unfurnished, resulting in an overall market split of roughly 55% furnished to 45% unfurnished.
The typical rent premium for furnished apartments compared to unfurnished in Davao City ranges from ₱3,000 to ₱6,000 per month ($53 to $106 USD, or €48 to €97 EUR), representing roughly a 20% to 30% increase.
The tenant profiles that tend to prefer furnished rentals in Davao City include young professionals who want move-in-ready convenience, expats on work assignments, and students who cannot transport furniture.
Which amenities increase rent the most in Davao City?
The top five amenities that increase rent the most in Davao City are reliable fiber internet readiness, dedicated parking spaces, 24/7 security with controlled access, swimming pool and gym facilities, and backup power or generator access.
In Davao City, parking typically adds ₱2,500 to ₱4,000 per month ($44 to $70 USD, or €40 to €65 EUR), fiber internet readiness adds ₱1,000 to ₱2,000 ($18 to $35 USD, or €16 to €32 EUR), and buildings with pools and gyms command ₱2,000 to ₱5,000 ($35 to $88 USD, or €32 to €81 EUR) more than those without.
In our property pack covering the real estate market in Davao City, we cover what are the best investments a landlord can make.
What renovations get the best ROI for rentals in Davao City?
The top five renovations that get the best ROI for rental properties in Davao City are installing or upgrading to inverter air conditioning, refreshing the kitchen with modern fixtures, improving bathroom reliability and ventilation, applying a neutral repaint with better lighting, and upgrading mattress and sofa quality for furnished units.
In Davao City, an inverter AC upgrade costs ₱25,000 to ₱45,000 ($440 to $795 USD, or €400 to €725 EUR) and can justify ₱1,500 to ₱2,500 more rent monthly, while a kitchen refresh at ₱15,000 to ₱30,000 ($265 to $530 USD, or €240 to €485 EUR) can add ₱1,000 to ₱2,000 to monthly rent.
The renovations that tend to have poor ROI in Davao City include overly luxurious finishes that exceed what typical renters will pay for, complete gut renovations on older buildings, and highly personalized design choices that limit tenant appeal.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in the Philippines versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
How strong is rental demand in Davao City as of 2026?
What's the vacancy rate for rentals in Davao City as of 2026?
As of early 2026, the estimated vacancy rate for rental condos in prime Davao City corridors like Bajada and Lanang is approximately 6% to 9%, while family rentals in residential areas have lower vacancy rates around 3% to 6%.
The realistic range of vacancy rates across different Davao City neighborhoods spans from as low as 3% in high-demand family areas to as high as 10% to 12% in newer buildings still filling up.
The current vacancy rate in Davao City is roughly in line with the historical average, indicating a balanced market where neither landlords nor tenants have overwhelming negotiating power.
Finally please note that you will have all the indicators you need in our property pack covering the real estate market in Davao City.
How many days do rentals stay listed in Davao City as of 2026?
As of early 2026, the average number of days rentals stay listed in Davao City is approximately 25 to 40 days for well-priced units in desirable locations.
The realistic range of days on market across different property types in Davao City spans from 15 to 30 days for competitively priced studio and 1-bedroom condos in Bajada or Lanang, to 60 or more days for overpriced or awkwardly located units.
The current days-on-market figure in Davao City is similar to one year ago, reflecting stable demand conditions without dramatic shifts in tenant urgency or landlord pricing behavior.
Which months have peak tenant demand in Davao City?
The peak months for tenant demand in Davao City are May through July, driven by families and students moving before the school year opens in June, with a secondary spike in January as new hires relocate.
The specific factors that drive seasonal demand in Davao City include the DepEd school calendar (SY 2025-2026 opened June 16, 2025), corporate hiring cycles that often start new employees in January, and general preferences to move during drier months.
The months with the lowest tenant demand in Davao City are typically September through November, when the school year is well underway and fewer households are looking to relocate.
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What will my monthly costs be in Davao City as of 2026?
What property taxes should landlords expect in Davao City as of 2026?
As of early 2026, landlords in Davao City should expect to pay a combined annual real property tax of approximately 2.5% of assessed value, which for a typical condo assessed at ₱400,000 works out to around ₱10,000 per year ($176 USD or €161 EUR).
The realistic range of annual property taxes in Davao City spans from ₱5,000 to ₱30,000 ($88 to $530 USD, or €81 to €485 EUR), depending on whether you own a modest condo or a larger house-and-lot property.
Property taxes in Davao City are calculated by applying a basic tax rate of 1.5% plus a Special Education Fund levy of 1.0% to the assessed value, which is a percentage of the fair market value determined by the local assessor.
Please note that, in our property pack covering the real estate market in Davao City, we cover what exemptions or deductions may be available to reduce property taxes for landlords.
What maintenance budget per year is realistic in Davao City right now?
A realistic annual maintenance budget for a typical rental condo in Davao City is approximately ₱10,000 to ₱20,000 ($176 to $353 USD, or €161 to €323 EUR), while houses require ₱25,000 to ₱60,000 ($440 to $1,060 USD, or €403 to €970 EUR) depending on age and condition.
The realistic range of annual maintenance costs in Davao City spans from ₱8,000 ($141 USD or €129 EUR) for a newer condo with minimal wear to ₱60,000 or more for an older house requiring roof repairs, plumbing fixes, or exterior work.
Landlords in Davao City typically set aside 5% to 10% of annual rental income for maintenance, which aligns with the common rule of budgeting 0.5% to 2.0% of property value per year depending on property type.
What utilities do landlords often pay in Davao City right now?
In Davao City, landlords most commonly pay condo association dues on behalf of tenants (or include them in rent), and occasionally cover water for short-term or semi-serviced setups, while tenants almost always pay their own electricity and internet.
For landlord-paid utilities in Davao City, condo association dues typically range from ₱2,000 to ₱5,000 per month ($35 to $88 USD, or €32 to €81 EUR), and water costs run ₱300 to ₱800 per month ($5 to $14 USD, or €5 to €13 EUR) based on DCWD rates.
The common practice in Davao City is that long-term leases specify tenant pays electricity, water, and internet, while the landlord covers property taxes and often association dues, though this split should always be clearly stated in the contract.
How is rental income taxed in Davao City as of 2026?
As of early 2026, rental income in Davao City is treated as taxable income subject to graduated income tax rates for individuals, ranging from 0% to 35% depending on total taxable income, or corporate rates for entities.
The main deductions landlords in Davao City can claim against rental income include property depreciation, mortgage interest, property taxes paid, association dues, maintenance and repair expenses, and insurance premiums.
The common tax mistakes landlords in Davao City should avoid include failing to register as a lessor with the BIR, not issuing proper receipts to tenants, missing quarterly filing deadlines, and incorrectly choosing between the optional standard deduction and itemized deductions.
We cover these mistakes, among others, in our list of risks and pitfalls people face when buying property in Davao City.
We made this infographic to show you how property prices in the Philippines compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our property pack about Davao City, we always rely on the strongest methodology we can … and we don't throw out numbers at random.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why It's Authoritative | How We Used It |
|---|---|---|
| Philippine Statistics Authority (PSA) Region XI | PSA is the Philippines' official statistics agency and the primary source for inflation and CPI data. | We used PSA's Davao Region CPI releases to anchor how rent and housing costs were trending heading into 2026. We then translated that rent-inflation signal into a practical 2026 rent-growth estimate for Davao City. |
| Bangko Sentral ng Pilipinas (BSP) | BSP is the central bank, and its inflation outlook is a core macro reference for housing affordability and rent pressure. | We used BSP's 2026 inflation outlook as the macro ceiling for rent growth. We then sanity-checked our rent-growth range so it stays consistent with the broader price environment. |
| Reuters | Reuters is a globally recognized wire service that reports macro decisions with tight sourcing. | We used the late-2025 easing cycle context to explain why 2026 demand could stay firm due to cheaper credit. We then reflected that in a moderate-but-supported rent outlook for Davao City. |
| Colliers Philippines | Colliers is a major international real-estate consultancy known for market research and consistent methodology. | We used Colliers' narrative that secondary cities including Davao have strong residential take-up as a demand-side anchor. We then paired that with portal pricing to keep our 2026 typical rent numbers realistic for Davao City. |
| Lamudi Philippines | Lamudi is one of the biggest property portals in the Philippines and is useful for transparent, checkable asking-rent evidence. | We used current asking rents to build a typical rent band by unit type in Davao City. We then cross-checked the same unit types on other portals to avoid relying on a single marketplace. |
| Dot Property Philippines | Dot Property is a long-running regional portal with large inventory and visible listing details. | We used Dot Property to validate Lamudi's price bands and spot consistent anchor rent points in Davao City. We then used these repeated price points to set confident medians for 2026. |
| Rentpad | Rentpad is a widely used Philippine rentals portal that helps confirm what tenants actually see when searching. | We used Rentpad as a third cross-check on asking rents and inventory mix in Davao City. We then used that triangulation to keep our typical numbers stable across portals. |
| MyProperty Philippines | MyProperty is a major Philippine property site and adds another independent view of listings and pricing. | We used MyProperty to confirm that specific Davao City condo submarkets repeatedly price around similar levels. We then used those repeated levels to tighten our estimate ranges. |
| Bureau of Local Government Finance (BLGF) | BLGF is an official government finance bureau and its documents directly reflect local tax rules in practice. | We used BLGF's Davao City notice to state real property tax rates and payment timing clearly. We then converted those rates into an easy landlord monthly cost rule-of-thumb. |
| Bureau of Internal Revenue (BIR) | BIR is the national tax authority, so it's the definitive reference for rental-income taxation basics. | We used BIR's official guidance as the baseline for how rental income is treated for individuals in the Philippines. We then explained the practical landlord decision points in plain English. |
| Davao City Water District (DCWD) | DCWD is the official utility, so it's the cleanest source for water pricing structure in Davao City. | We used DCWD's posted rates to frame a realistic monthly utilities range for typical households. We then turned that into an easy budgeting line item for landlords who sometimes cover water or association dues. |
| Mindanao Times (Davao Light coverage) | This source cites the local utility's official rate announcement and gives the exact billing window around January 2026. | We used the published peso-per-kWh level as a near-term anchor for electricity budgeting in Davao City. We then translated it into an approximate monthly bill range for different unit sizes. |
| Congressional Policy and Budget Research Department (CPBRD) | CPBRD compiles official housing indicators and context for policy, which helps explain structural demand. | We used CPBRD data to frame why rental demand persists due to housing constraints and affordability pressures. We then linked that context back to what tenants prioritize in Davao City. |
| Department of Education (DepEd) | DepEd is the official education authority, and school calendars strongly influence local moving seasons. | We used the June 2025 opening and March 2026 end dates to identify Davao City's peak student and family leasing months. We then aligned peak demand timing with these real, checkable dates. |
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