AirROI ranking · 202612 markets ranked

Best Places to Buy an Airbnb in Metro Manila, Philippines (2026)

Taguig is the best place to buy an Airbnb in Metro Manila in 2026, according to AirROI's ranking of 12 markets. Its listings averaged $7,990 in revenue over the 12 months to September 2026 and were booked on 38% of nights. It also earns the most per listing of any ranked market. Makati and Pasay come next.

Source: AirROI Reviewed by , Founder @ AirROI Updated

Markets tracked
18
Active Airbnb listings
23,800
Avg. revenue per listing
$3,910
Occupancy rate
33%
Avg. nightly rate
$45
Avg. revenue, top 10 markets
$3,790

The short answer

Metro Manila Airbnb Market at a Glance

Across Metro Manila, the 23,800 active Airbnb listings tracked by AirROI, a short-term-rental data firm, averaged $3,910 over the same period. They were booked on 33% of nights at about $45 a night; the ranking covers the 12 markets with at least 100 active listings.

The ranking weighs revenue per listing most, then occupancy and market size, then how evenly income spreads across the year and how it changed on the year. It reflects rental performance, not purchase prices or local short-term rental rules. How the ranking works.

Where the top 10 Airbnb markets in Metro Manila are

Each dot is one of the 18 markets AirROI tracks in Metro Manila, sized by active listings and coloured by average revenue per listing. Select a number to jump to its profile.

Where the top 10 Airbnb markets in Metro Manila areDot map of 18 Airbnb markets. Numbered pins mark the top-ranked markets: 1 Taguig, 2 Makati, 3 Pasay, 4 Mandaluyong, 5 Manila, 6 Quezon City, 7 Muntinlupa, 8 Metro Manila, 9 Pasig, 10 Parañaque.10987654321© OpenStreetMap
Avg. revenueUnder $3.2k$3.2k–$3.3k$3.3k–$4.2k$4.2k+ Under 30 listings 1 Top-ranked market

All money figures on this page are in US dollars.

Top 10

The Top 10 Airbnb Markets in Metro Manila

Each profile draws on the market's full AirROI report: how it earns, when in the year, who books and what sells. Monthly figures are averages per listing active in that month, so twelve of them add up to more than the annual average, which also counts listings that operated for only part of the year.

The top 10 Airbnb markets in Metro Manila at a glance
#MarketAvg. revenueOccupancy
Taguig High earnings · High occupancy$7,99038%
Makati High earnings · High occupancy$4,13036%
Pasay Large market$3,26033%
4 Mandaluyong High occupancy · Year-round demand$3,22034%
5 Manila Year-round demand$3,21032%
6 Quezon City Large market$3,15032%
7 Muntinlupa Growing revenue · Year-round demand$3,20029%
8 Metro Manila$3,54031%
9 Pasig$3,20032%
10 Parañaque$3,00029%

  1. 1. Taguig

    Known for: High earnings · High occupancy

    Top-earning Airbnb listing in Taguig, 5 bedrooms Top-earning Airbnb listing in Taguig, 4 bedrooms Top-earning Airbnb listing in Taguig, 4 bedrooms
    Top-earning Airbnb listings in Taguig
    Avg. revenue
    $7,990 0% vs. last year
    Occupancy
    38%
    Nightly rate
    $66
    Active listings
    2,330

    Where it places among the 12 ranked markets in Metro Manila

    • Revenue 1st of 12
    • Occupancy 1st of 12
    • Market size 4th of 12
    • Year-round 10th of 12
    • Growth 2nd of 9
    How it earns
    Taguig commands premium rates, about $66 a night, and still books 38% of nights, 5 points above the Metro Manila average. That adds up to $7,990 per listing over the year, the highest of the 12 ranked markets. A typical listing takes in about $704 a month; the top quarter clear $1,350 or more.
    When it earns
    Demand in Taguig holds up through the year: September, the slowest month, still brings in about two-thirds of December's revenue.
    Who books
    Most guests come from abroad (59%), led by visitors from the United States, Australia and Canada.
    What sells
    The most common entire home has 1 bedroom (60% of entire homes), and apartments and condos make up 96% of supply.
    Who it suits
    It suits buyers who can furnish and price for a premium stay and want income that holds up all year.

    Revenue per listing by month

    Median listing
    $704/mo
    Top 25% of listings
    $1,350+/mo
    Booked ahead
    27 days
    Average stay
    6 nights
    Guests from abroad
    59%
    Most common home size
    1 bedroom

    Areas in the full report: Bonifacio Global City (BGC) · Serendra · McKinley Hill

    Full Taguig Airbnb report

  2. 2. Makati

    Known for: High earnings · High occupancy

    Top-earning Airbnb listing in Makati, 5 bedrooms Top-earning Airbnb listing in Makati, 3 bedrooms Top-earning Airbnb listing in Makati, 3 bedrooms
    Top-earning Airbnb listings in Makati
    Avg. revenue
    $4,130 −9% vs. last year
    Occupancy
    36%
    Nightly rate
    $43
    Active listings
    3,380

    Where it places among the 12 ranked markets in Metro Manila

    • Revenue 2nd of 12
    • Occupancy 2nd of 12
    • Market size 3rd of 12
    • Year-round 3rd of 12
    • Growth 8th of 9
    How it earns
    Makati fills more nights than most of Metro Manila: 36% of them, the second-highest occupancy of the 12 ranked markets, at about $43 a night. Listings averaged $4,130 in revenue over the year, the second-highest of the 12 ranked markets. In a typical month the median listing brings in about $409, and the best quarter clear $777. Revenue per listing slipped 9% over the year even with rates 8% higher, as bookings softened.
    When it earns
    Makati earns steadily through the year, from about $491 per listing in April to $666 in December.
    Who books
    Most guests come from abroad (54%), led by visitors from the United States, Australia and the United Kingdom.
    What sells
    One-bedroom homes lead the market (68% of entire homes), and apartments and condos make up 92% of supply.
    Who it suits
    Best for buyers who want income that holds up all year.

    Revenue per listing by month

    Median listing
    $409/mo
    Top 25% of listings
    $777+/mo
    Booked ahead
    20 days
    Average stay
    6 nights
    Guests from abroad
    54%
    Most common home size
    1 bedroom

    Areas in the full report: Makati Central Business District · Poblacion · Salcedo Village

    Full Makati Airbnb report

  3. 3. Pasay

    Known for: Large market

    Top-earning Airbnb listing in Pasay, 4 bedrooms Top-earning Airbnb listing in Pasay, 3 bedrooms Top-earning Airbnb listing in Pasay, 4 bedrooms
    Top-earning Airbnb listings in Pasay
    Avg. revenue
    $3,260
    Occupancy
    33%
    Nightly rate
    $41
    Active listings
    5,230

    Where it places among the 12 ranked markets in Metro Manila

    • Revenue 4th of 12
    • Occupancy 4th of 12
    • Market size 1st of 12
    • Year-round 5th of 12
    • Growth No prior year
    How it earns
    Pasay is Metro Manila's largest Airbnb market, with 5,230 active listings to price against. Listings averaged $3,260 in revenue over the year, the fourth-highest of the 12 ranked markets. Month to month, the median listing earns about $354 and a top-quarter listing $656 or more.
    When it earns
    Demand in Pasay holds up through the year: April, the slowest month, still brings in about three-quarters of December's revenue. Stays are shorter than in most of Metro Manila, about 4 nights, so listings turn over often; guests book about 22 days ahead.
    What sells
    The most common entire home has 1 bedroom (84% of entire homes), and apartments and condos make up 90% of supply.
    Who it suits
    A good fit for buyers who want income that holds up all year.

    Revenue per listing by month

    Median listing
    $354/mo
    Top 25% of listings
    $656+/mo
    Booked ahead
    22 days
    Average stay
    4 nights
    Most common home size
    1 bedroom
    Superhosts
    45%

    Areas in the full report: Mall of Asia · Pasay City Proper · Baclaran

    Full Pasay Airbnb report

  4. 4. Mandaluyong

    Known for: High occupancy · Year-round demand

    Top-earning Airbnb listing in Mandaluyong, 3 bedrooms Top-earning Airbnb listing in Mandaluyong, 2 bedrooms Top-earning Airbnb listing in Mandaluyong, 1 bedroom
    Top-earning Airbnb listings in Mandaluyong
    Avg. revenue
    $3,220 −2% vs. last year
    Occupancy
    34%
    Nightly rate
    $36
    Active listings
    2,070

    Where it places among the 12 ranked markets in Metro Manila

    • Revenue 5th of 12
    • Occupancy 3rd of 12
    • Market size 5th of 12
    • Year-round 3rd of 12
    • Growth 3rd of 9
    How it earns
    Mandaluyong is Metro Manila's fifth-largest Airbnb market, with 2,070 active listings to price against. Average revenue per listing came to $3,220, the fifth-highest of the 12 ranked markets. A typical listing takes in about $345 a month; the top quarter clear $626 or more.
    When it earns
    Mandaluyong earns steadily through the year, from about $383 per listing in April to $515 in December.
    Who books
    More than a quarter of guests (27%) travel from abroad, most often from the United States and Australia.
    What sells
    One-bedroom homes lead the market (75% of entire homes), and apartments and condos make up 93% of supply.
    Who it suits
    It suits buyers who want income that holds up all year.

    Revenue per listing by month

    Median listing
    $345/mo
    Top 25% of listings
    $626+/mo
    Booked ahead
    16 days
    Average stay
    6 nights
    Most common home size
    1 bedroom
    Superhosts
    55%

    Areas in the full report: Ortigas Center · Shaw Boulevard · Wack-Wack

    Full Mandaluyong Airbnb report

  5. 5. Manila

    Known for: Year-round demand

    Top-earning Airbnb listing in Manila, 4 bedrooms Top-earning Airbnb listing in Manila, 5 bedrooms Top-earning Airbnb listing in Manila, 4 bedrooms
    Top-earning Airbnb listings in Manila
    Avg. revenue
    $3,210 −7% vs. last year
    Occupancy
    32%
    Nightly rate
    $40
    Active listings
    1,350

    Where it places among the 12 ranked markets in Metro Manila

    • Revenue 6th of 12
    • Occupancy 5th of 12
    • Market size 7th of 12
    • Year-round 1st of 12
    • Growth 6th of 9
    How it earns
    Manila is one of the steadier markets in Metro Manila: April, its slowest month, still brings in about 83% of December's revenue. Listings averaged $3,210 in revenue over the year, the sixth-highest of the 12 ranked markets. Its place at #5 rests on year-round demand (1st of 12) rather than on revenue per listing. In a typical month the median listing brings in about $337, and the best quarter clear $625. Nightly rates rose 10%, but fewer booked nights left revenue per listing 7% lower on the year.
    Guest expectations
    Average ratings (4.72 stars) trail the typical market in Metro Manila (4.79), which leaves room for a well-run listing to stand out.
    Who books
    More than four in ten guests (42%) travel from abroad, most often from the United States and Australia.
    Who it suits
    Best for buyers who want income that holds up all year.

    Revenue per listing by month

    Median listing
    $337/mo
    Top 25% of listings
    $625+/mo
    Booked ahead
    19 days
    Average stay
    5 nights
    Guests from abroad
    42%
    Most common home size
    1 bedroom

    Areas in the full report: Makati · Bonifacio Global City (BGC) · Quezon City

    Full Manila Airbnb report

  6. 6. Quezon City

    Known for: Large market

    Top-earning Airbnb listing in Quezon City, 1 bedroom Top-earning Airbnb listing in Quezon City, 1 bedroom Top-earning Airbnb listing in Quezon City, 5 bedrooms
    Top-earning Airbnb listings in Quezon City
    Avg. revenue
    $3,150 −5% vs. last year
    Occupancy
    32%
    Nightly rate
    $39
    Active listings
    4,540

    Where it places among the 12 ranked markets in Metro Manila

    • Revenue 9th of 12
    • Occupancy 7th of 12
    • Market size 2nd of 12
    • Year-round 7th of 12
    • Growth 5th of 9
    How it earns
    Quezon City is Metro Manila's second-largest Airbnb market, with 4,540 active listings to price against. Average revenue per listing came to $3,150, the ninth-highest of the 12 ranked markets. Its place at #6 rests on market size (2nd of 12) rather than on revenue per listing. Month to month, the median listing earns about $311 and a top-quarter listing $589 or more.
    When it earns
    Demand in Quezon City holds up through the year: April, the slowest month, still brings in about 71% of December's revenue.
    Who books
    About a quarter of guests (26%) travel from abroad, most often from the United States and Australia.
    What sells
    The most common entire home has 1 bedroom (62% of entire homes), and apartments and condos make up 87% of supply.
    Who it suits
    A good fit for buyers who want income that holds up all year.

    Revenue per listing by month

    Median listing
    $311/mo
    Top 25% of listings
    $589+/mo
    Booked ahead
    17 days
    Average stay
    5 nights
    Most common home size
    1 bedroom
    Superhosts
    50%

    Areas in the full report: Eastwood City · Cubao · Katipunan

    Full Quezon City Airbnb report

  7. 7. Muntinlupa

    Known for: Growing revenue · Year-round demand

    Top-earning Airbnb listing in Muntinlupa, 2 bedrooms Top-earning Airbnb listing in Muntinlupa, 3 bedrooms Top-earning Airbnb listing in Muntinlupa, 3 bedrooms
    Top-earning Airbnb listings in Muntinlupa
    Avg. revenue
    $3,200 +9% vs. last year
    Occupancy
    29%
    Nightly rate
    $42
    Active listings
    275

    Where it places among the 12 ranked markets in Metro Manila

    • Revenue 8th of 12
    • Occupancy 10th of 12
    • Market size 9th of 12
    • Year-round 2nd of 12
    • Growth 1st of 9
    How it earns
    Muntinlupa is one of the steadier markets in Metro Manila: March, its slowest month, still brings in about three-quarters of December's revenue. Listings averaged $3,200 in revenue over the year, the eighth-highest of the 12 ranked markets. Its place at #7 rests on revenue growth (1st of 9) and year-round demand (2nd of 12) rather than on revenue per listing. A typical listing takes in about $282 a month; the top quarter clear $577 or more. Revenue per listing rose 9% over the year, the biggest gain in Metro Manila, helped by nightly rates 19% higher. With 275 listings it is a small market, so its averages can move more from year to year.
    What sells
    One-bedroom homes lead the market (62% of entire homes), and apartments and condos make up 92% of supply.
    Who it suits
    It suits buyers who want income that holds up all year.

    Revenue per listing by month

    Median listing
    $282/mo
    Top 25% of listings
    $577+/mo
    Booked ahead
    19 days
    Average stay
    6 nights
    Most common home size
    1 bedroom
    Superhosts
    40%
    Full Muntinlupa Airbnb report

  8. 8. Metro Manila

    Top-earning Airbnb listing in Metro Manila, 3 bedrooms Top-earning Airbnb listing in Metro Manila, 8 bedrooms Top-earning Airbnb listing in Metro Manila, 2 bedrooms
    Top-earning Airbnb listings in Metro Manila
    Avg. revenue
    $3,540
    Occupancy
    31%
    Nightly rate
    $53
    Active listings
    133

    Where it places among the 12 ranked markets in Metro Manila

    • Revenue 3rd of 12
    • Occupancy 8th of 12
    • Market size 11th of 12
    • Year-round 12th of 12
    • Growth No prior year
    How it earns
    Metro Manila listings charge about $53 a night, 19% above the Metro Manila average, and are booked on 31% of nights. Listings averaged $3,540 in revenue over the year, the third-highest of the 12 ranked markets. The gap between listings is wide: a typical one takes in about $326 a month, while the top quarter clear $702 and the top 10% $1,150, so pricing and presentation count for more here than in most of Metro Manila. Its 133 listings make it one of the smaller ranked markets, so its figures are less settled than those of larger ones.
    When it earns
    Metro Manila has two seasons, May–June and December. December is the strongest month at about $762 per listing, and November the quietest at about $319.
    Who books
    Most guests are domestic (78%), and the United States and Australia send the most visitors from abroad.
    What sells
    The most common entire home has 1 bedroom (46% of entire homes), and apartments and condos make up 77% of supply.

    Revenue per listing by month

    Median listing
    $326/mo
    Top 25% of listings
    $702+/mo
    Booked ahead
    16 days
    Average stay
    5 nights
    Guests from abroad
    22%
    Most common home size
    1 bedroom
    Full Metro Manila Airbnb report

  9. 9. Pasig

    Top-earning Airbnb listing in Pasig, 4 bedrooms Top-earning Airbnb listing in Pasig, 2 bedrooms Top-earning Airbnb listing in Pasig, 2 bedrooms
    Top-earning Airbnb listings in Pasig
    Avg. revenue
    $3,200 −9% vs. last year
    Occupancy
    32%
    Nightly rate
    $42
    Active listings
    1,140

    Where it places among the 12 ranked markets in Metro Manila

    • Revenue 7th of 12
    • Occupancy 6th of 12
    • Market size 8th of 12
    • Year-round 9th of 12
    • Growth 9th of 9
    How it earns
    Pasig books 32% of nights at about $42 a night, close to the typical market in Metro Manila. Average revenue per listing came to $3,200, the seventh-highest of the 12 ranked markets. In a typical month the median listing brings in about $344, and the best quarter clear $627. Revenue per listing slipped 9% over the year even with rates 7% higher, as bookings softened.
    When it earns
    Pasig earns steadily through the year, from about $392 per listing in April to $597 in December.
    Who books
    Most guests are domestic (76%), and the United States and Australia send the most visitors from abroad.
    What sells
    One-bedroom homes lead the market (47% of entire homes), and apartments and condos make up 91% of supply.
    Who it suits
    Best for buyers who want income that holds up all year.

    Revenue per listing by month

    Median listing
    $344/mo
    Top 25% of listings
    $627+/mo
    Booked ahead
    20 days
    Average stay
    6 nights
    Most common home size
    1 bedroom
    Superhosts
    53%

    Areas in the full report: Ortigas Center · Pasig City Hall · Emerald Avenue

    Full Pasig Airbnb report

  10. 10. Parañaque

    Top-earning Airbnb listing in Parañaque, 4 bedrooms Top-earning Airbnb listing in Parañaque, 4 bedrooms Top-earning Airbnb listing in Parañaque, 6 bedrooms
    Top-earning Airbnb listings in Parañaque
    Avg. revenue
    $3,000 −2% vs. last year
    Occupancy
    29%
    Nightly rate
    $49
    Active listings
    1,900

    Where it places among the 12 ranked markets in Metro Manila

    • Revenue 10th of 12
    • Occupancy 12th of 12
    • Market size 6th of 12
    • Year-round 8th of 12
    • Growth 4th of 9
    How it earns
    Parañaque listings charge about $49 a night, 9% above the Metro Manila average, and are booked on 29% of nights. That adds up to $3,000 per listing over the year, the tenth-highest of the 12 ranked markets. Month to month, the median listing earns about $312 and a top-quarter listing $604 or more.
    When it earns
    Demand in Parañaque holds up through the year: September, the slowest month, still brings in about two-thirds of July's revenue.
    What sells
    The most common entire home has 1 bedroom (59% of entire homes), and apartments and condos make up 88% of supply.
    Who it suits
    A good fit for buyers who want income that holds up all year.

    Revenue per listing by month

    Median listing
    $312/mo
    Top 25% of listings
    $604+/mo
    Booked ahead
    20 days
    Average stay
    5 nights
    Most common home size
    1 bedroom
    Superhosts
    38%

    Areas in the full report: Solaire Resort and Casino · Okada Manila · SM City BF Parañaque

    Full Parañaque Airbnb report

Full ranking

How All 12 Ranked Markets in Metro Manila Compare

The overall ranking with the five measures behind it. "Slow month" is a market's weakest month of revenue as a share of its best, so a higher figure means steadier income. Select a column heading to re-sort.

Top Airbnb markets in Metro Manila, ranked by AirROI
Taguig High earnings, high occupancy$7,99038%$6665%0%2,327
Makati High earnings, high occupancy$4,12836%$4374%−9%3,381
Pasay Large market$3,25733%$4172%–5,230
4Mandaluyong High occupancy, year-round demand$3,21934%$3674%−2%2,069
5Manila Year-round demand$3,20932%$4083%−7%1,349
6Quezon City Large market$3,15332%$3971%−5%4,538
7Muntinlupa Growing revenue, year-round demand$3,20129%$4278%+9%275
8Metro Manila$3,54231%$5342%–133
9Pasig$3,20232%$4266%−9%1,142
10Parañaque$3,00129%$4970%−2%1,902
112nd District$2,91330%$3872%−8%129
12Las Piñas$2,38729%$4064%–244

By measure

Metro Manila Airbnb Markets Ranked by Revenue, Nightly Rate and Occupancy

The overall ranking balances five measures. These lists take one at a time, for buyers who care most about income, pricing power, bookings, a steady calendar, momentum or market size.

Highest-earning Airbnb markets in Metro Manila

Average annual revenue per active listing over the past 12 months. Markets with at least 200 listings.

Highest-earning Airbnb markets in Metro Manila
#MarketRevenue
Taguig #1 overall$7,990
Makati #2 overall$4,130
Pasay #3 overall$3,260
4Mandaluyong #4 overall$3,220
5Manila #5 overall$3,210
6Pasig #9 overall$3,200
7Muntinlupa #7 overall$3,200
8Quezon City #6 overall$3,150
9Parañaque #10 overall$3,000
10Las Piñas #12 overall$2,390

Most expensive Airbnb markets in Metro Manila by nightly rate

Average rate per booked night. A high rate earns most where occupancy holds up too. Markets with at least 200 listings.

Most expensive Airbnb markets in Metro Manila by nightly rate
#MarketNightly
Taguig #1 overall$66
Parañaque #10 overall$49
Makati #2 overall$43
4Pasig #9 overall$42
5Muntinlupa #7 overall$42
6Pasay #3 overall$41
7Manila #5 overall$40
8Las Piñas #12 overall$40
9Quezon City #6 overall$39
10Mandaluyong #4 overall$36

Highest-occupancy Airbnb markets in Metro Manila

Share of available nights booked over the past 12 months. Markets with at least 200 listings.

Highest-occupancy Airbnb markets in Metro Manila
#MarketOccupancy
Taguig #1 overall38%
Makati #2 overall36%
Mandaluyong #4 overall34%
4Pasay #3 overall33%
5Manila #5 overall32%
6Pasig #9 overall32%
7Quezon City #6 overall32%
8Muntinlupa #7 overall29%
9Las Piñas #12 overall29%
10Parañaque #10 overall29%

Most year-round Airbnb markets in Metro Manila

Revenue in the slowest month as a share of the best month, so a higher figure means steadier income. Markets with at least 200 listings.

Most year-round Airbnb markets in Metro Manila
#MarketSlow month
Manila #5 overall83%
Muntinlupa #7 overall78%
Makati #2 overall74%
4Mandaluyong #4 overall74%
5Pasay #3 overall72%
6Quezon City #6 overall71%
7Parañaque #10 overall70%
8Pasig #9 overall66%
9Taguig #1 overall65%
10Las Piñas #12 overall64%

Largest Airbnb markets in Metro Manila

Active listings. Bigger markets have more comparable rentals to price against and more buyers at resale.

Largest Airbnb markets in Metro Manila
#MarketListings
Pasay #3 overall5,230
Quezon City #6 overall4,540
Makati #2 overall3,380
4Taguig #1 overall2,330
5Mandaluyong #4 overall2,070
6Parañaque #10 overall1,900
7Manila #5 overall1,350
8Pasig #9 overall1,140
9Muntinlupa #7 overall275
10Las Piñas #12 overall244
11Metro Manila #8 overall133
122nd District #11 overall129

Seasonality

When Airbnbs in Metro Manila Earn the Most

December is the best month for more than eight in ten ranked markets in Metro Manila. April is the most common slowest month, in 6 markets.

December earns about 1.4 times what April does

Average revenue per listing across the 12 ranked markets in Metro Manila, by month

Average Airbnb revenue per listing and the number of ranked markets that earn most in each month, in Metro Manila
MonthAvg. revenue per listingBest month forHighest-ranked examples
January$529––
February$513––
March$513––
April$461––
May$514––
June$538––
July$5852 marketsParañaque, 2nd District
August$509––
September$467––
October$499––
November$527––
December$64110 marketsTaguig, Makati, Pasay

Average revenue is per listing across the ranked markets, the line in the chart above. "Best month for" counts the ranked markets whose own revenue peaks in that month.

Management

Who Manages Airbnbs in Metro Manila?

48 companies run 10 or more Airbnb listings in Metro Manila, and companies run 8% of its listings. AirROI ranks the 47 largest by listings, guest rating and growth.

Method

How the Ranking Works

The ranking covers the 12 markets in Metro Manila with at least 100 active Airbnb listings and data through September 2026. Each market is compared with the others on five measures, and markets are ordered by a weighted blend of where they place on each:

  • Revenue per listing (35%): average revenue an active listing earned over the past 12 months.
  • Occupancy (20%): share of available nights that were booked.
  • Market size (20%): active listings. Bigger markets offer more comparable rentals to price against and more buyers when you sell.
  • Year-round demand (15%): revenue in the slowest month as a share of the best month. The latest month is left out when its bookings look incomplete.
  • Growth (10%): change in revenue per listing from the year before. Markets whose boundaries changed between years are scored in the middle.

Left out: 1 market whose data predates the latest refresh and one town listed a second time under another spelling. The score measures how rentals perform. It does not include purchase prices, financing, operating costs or local short-term rental rules, which vary by address and should be checked before buying. Figures are in US dollars and match each market's own report; see the data methodology for how listings are tracked.

To check one property before buying, run its address and size through the Airbnb calculator for a revenue, occupancy and nightly-rate range from comparable listings.

FAQ

Frequently Asked Questions About Airbnb Investing in Metro Manila

What is the best place to buy an Airbnb in Metro Manila?

Taguig ranks first of the 12 markets in Metro Manila in AirROI's ranking, with US$7,990 in average revenue per listing and 38% occupancy. Makati and Pasay follow. The ranking weighs revenue, occupancy, market size, seasonality and growth; it leaves out purchase prices.

What are the most profitable Airbnb locations in Metro Manila?

By revenue per listing, among markets with at least 200 listings, Taguig leads at US$7,990 a year, ahead of Makati at US$4,130. Profit also depends on what a property costs to buy and run, which varies far more between markets than revenue does.

How much does an Airbnb make in Metro Manila?

The average active listing in Metro Manila earned US$3,910 over the 12 months to September 2026, at 33% occupancy. Across the ranked markets, the middle half averaged between US$3,000 and US$3,260 per listing. Averages include listings that operated for only part of the year, so a listing rented all year typically earns more.

What is a good Airbnb occupancy rate in Metro Manila?

The average listing in Metro Manila was booked on 33% of available nights over the past 12 months. Half of the ranked markets fall between 29% and 33%, so a market above about 33% sits in the top quarter. Occupancy is only half the picture: a market with lower occupancy can still earn more if its nightly rates are higher.

Where is Airbnb demand highest in Metro Manila?

Among ranked markets with at least 200 listings, Taguig has the highest occupancy, with 38% of available nights booked, followed by Makati at 36%. Its listings average about US$66 a night and US$7,990 a year.

Where are Airbnb nightly rates highest in Metro Manila?

Among ranked markets with at least 200 listings, Taguig has the highest average nightly rate, about US$66, followed by Parañaque at US$49. Mandaluyong is the least expensive, at about US$36. The average booked night in Metro Manila costs about US$45.

What is the best month for Airbnb in Metro Manila?

December is the highest-earning month for 10 of the 12 ranked markets, followed by July (2). April is the most common slowest month, in 6 of the 12 markets. Each market's report shows its own month-by-month revenue, occupancy and rates.

Which Airbnb markets in Metro Manila earn the most evenly through the year?

Among ranked markets with at least 200 listings, Manila has the steadiest income: its slowest month, April, still earns about 83% of its best. Muntinlupa follows, at 78%. Steadier markets are easier to budget for, though they do not always earn the most per listing.

Which Airbnb markets are growing fastest in Metro Manila?

Among ranked markets with at least 200 listings, revenue per listing grew most in Muntinlupa, up 9% on the year before. A single strong year can reflect events or new supply, so it is worth checking a market's monthly trend before relying on it.

Is Airbnb still profitable in Metro Manila in 2026?

Revenue per listing grew in 2 of the 9 ranked markets with a comparable year of data; in the typical market it fell 5%. Whether a given property profits depends on its purchase price, financing and running costs.

How many Airbnb listings are there in Metro Manila?

AirROI tracked 23,800 active Airbnb listings in Metro Manila over the 12 months to September 2026, across 18 markets. The largest ranked market is Pasay, with 5,230 listings, followed by Quezon City with 4,540.

Directory

All 18 Airbnb Markets in Metro Manila

Every Metro Manila city with an AirROI Airbnb market report, A–Z, with its active listing count.

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