Property
Philippines — Property: Rental Market
Rent control under RA 9653 caps annual increases for residential units renting at PHP 10,000 or less: 2.3% for 2025 and 1% for 2026 per NHSB Resolution 2024-01.
VerifiedGovernment / official sourceDHSUD / National Human Settlements Board — Rent control resolution 2024-01Last reviewed: 2026-10-23
Why this matters
Reliable information on the rental market is crucial for those planning to move to or invest in the Philippines.
Key facts
- The Rent Control Act of 2009 (RA 9653) lets the National Human Settlements Board regulate rents of certain residential units; the 2024 cap was 4%.
- NHSB Resolution 2024-01 covers 1 January 2025 to 31 December 2026: a maximum 2.3% increase for 2025 and 1% for 2026 for units renting at PHP 10,000 or less with the same lessee.
- Units renting above PHP 10,000 a month are exempt from the cap.
- Violations carry a fine of PHP 25,000 to 50,000 or imprisonment of one month and one day to six months, or both.
Steps
- Finding a Rental — Locals and expats often find rentals through word of mouth, online listings (e.g., Facebook groups, online property portals), and real estate agencies. It's essential to visit potential rentals and inspect the property before signing a lease.
- Signing a Lease — Lease agreements are typically written in Filipino (Tagalog) or English. Tenants should carefully review the agreement, including terms, conditions, and rent amount, before signing. Some landlords may require a notarized lease agreement.