Renting a Condo in Manila as a Foreigner in 2026: Prices, Lease Terms & Hidden Costs
Lease Terms in Manila
What Most Rental Contracts Look Like
In 2026, most condo rentals in Manila follow a standard 12-month lease. The typical structure is one month advance rent and two months security deposit.
Some landlords require post-dated checks, but many now accept bank transfers—especially when renting to foreigners.
Shorter leases are possible in Makati and BGC, but expect to pay higher monthly rates for flexibility.
Documents Required for Foreigners
What You’ll Need Before Moving In
Renting in Manila is relatively straightforward for foreigners. A passport copy and valid visa are usually enough for most landlords.
Some may ask for proof of income, but payment reliability matters more than paperwork.
Building administration may require move-in coordination and elevator scheduling.
Typical Requirements
- Passport copy
- Valid visa or tourist visa
- Advance + security deposit
Average Condo Rental Prices in 2026
What You’ll Pay in Makati, BGC & Ortigas
Makati studio units range from ₱25,000 to ₱40,000 per month. One-bedroom units can reach ₱65,000 depending on the building.
BGC typically commands higher rates, especially in newer towers. Studios start around ₱30,000.
Ortigas remains more budget-friendly and quieter compared to Makati and BGC.
- Makati: Central, business-focused, walkable
- BGC: Modern, international feel, premium pricing
- Ortigas: Quieter, practical, better value
Hidden Costs to Watch For
Expenses Foreigners Often Miss
Beyond rent, there may be association move-in fees, utility deposits, and internet installation charges.
Electricity bills can climb due to daily air-conditioning use. Aircon cleaning every few months is common practice here.
Always clarify if association dues and parking are included in your rental price.
Back to top ↑“Many foreigners underestimate electricity costs in Manila—air-conditioning becomes part of daily survival.”
How Condo Choice Affects Daily Life
It’s Not Just About the Unit
Your building choice impacts everything from traffic exposure to noise levels and elevator wait times.
Some buildings have strict security and guest logging policies. Others are more relaxed but may experience more short-term turnover.
Testing a neighborhood short-term before committing long-term is often the smartest move.
Smart Renting Tips
- Clarify all fees before signing
- Research building reputation
- Test the neighborhood first if possible
Want a ready-to-move-in place in the right neighborhood? 👉 https://www.manilanests.com/properties