Alpaca-Lemon Penthouse Entire home · 5 bedrooms Rated 4.94 - Revenue
- ₱5.8M
- Occupancy
- 42.4%
- Daily rate
- ₱37,382
Airbnb market data · 202612 months to September 2026
The average Airbnb in Makati brought in ₱245,798 over the 12 months through September 2026, about 5% more than the Metro Manila average of ₱233,009.
The short answer
Bookings in Makati run ahead of the Metro Manila average at similar prices. Listings averaged ₱2,554 a night and were booked on 36% of available nights, against ₱2,660 and 33% for the Metro Manila average.
December, usually the best month, brings in about 36% more per listing than April, usually the slowest.
With 3,381 active listings, Makati is the third-largest of 18 Metro Manila markets AirROI tracks. From a year earlier, average revenue fell 9% while the number of active listings grew 41%.
Browse the live Makati Airbnb market
See Every Makati Listing
Revenue
Gross bookings per Makati listing averaged ₱245,798 over the 12 months to September 2026 (Metro Manila average: ₱233,009), before cleaning, platform and management costs and taxes.
In a typical year, the average Makati listing brings in ₱39,700 in December, its best month, and ₱29,300 in April, its slowest. September runs within 5% of April, so either can be the slowest in a given year. The swing is mild: the best month earns about 36% more than the slowest.
In a typical month, a top-quarter listing earns at least 4.6 times as much as a bottom-quarter one.
These are monthly figures for listings active in each month. The annual average above also counts listings that operated for only part of the year, so it runs below twelve times these figures.
Average monthly revenue per Makati listing
Average revenue per active listing, by month, September 2024 to August 2026
The dashed line is the average of the months shown, ₱33,700. Each point is one month as recorded, averaged over the listings active in it. The best and slowest months in the text average each calendar month over the past two years, so they can differ from the highest and lowest points here.
Latest 12 months in the September 2026 data. September's figures are still coming in, so the rows run to August.
July 2026 led on revenue. Nightly rates peaked in August 2026 and bookings in February 2026, so the best-paying month is not always the busiest or the priciest. Across the past two years, December is usually the strongest month.
| Month | Avg. Revenue | Occupancy | Avg. Nightly Rate | RevPAR | Booking Lead Time | Avg. Length of Stay |
|---|---|---|---|---|---|---|
| Sep 2025 | ₱30,177 | 37.0% | ₱2,537 | ₱1,006 | 18 days | 4.9 nights |
| Oct 2025 | ₱31,660 | 37.7% | ₱2,539 | ₱1,021 | 19 days | 5.5 nights |
| Nov 2025 | ₱33,180 | 41.6% | ₱2,479 | ₱1,106 | 23 days | 5.3 nights |
| Dec 2025 | ₱38,599 | 44.6% | ₱2,534 | ₱1,245 | 24 days | 5 nights |
| Jan 2026 | ₱34,993 | 41.1% | ₱2,459 | ₱1,129 | 24 days | 6.1 nights |
| Feb 2026 | ₱32,892 | 44.7% | ₱2,404 | ₱1,175 | 21 days | 5.5 nights |
| Mar 2026 | ₱32,802 | 40.6% | ₱2,440 | ₱1,058 | 18 days | 5.2 nights |
| Apr 2026 | ₱29,349 | 36.2% | ₱2,484 | ₱978 | 20 days | 5.2 nights |
| May 2026 | ₱34,259 | 36.4% | ₱2,672 | ₱1,105 | 16 days | 5.6 nights |
| Jun 2026 | ₱37,239 | 39.2% | ₱2,706 | ₱1,241 | 15 days | 5.6 nights |
| Jul 2026 | ₱41,126 | 35.9% | ₱2,722 | ₱1,327 | 21 days | 6.9 nights |
| Aug 2026 | ₱35,824 | 39.8% | ₱2,730 | ₱1,156 | 16 days | 4.9 nights |
Averages per active listing in each month. Highlighted: the highest-revenue month of the 12. RevPAR is the month's revenue spread over its nights, booked or not. Booking lead time is the days between booking and check-in, and length of stay the nights per booking, for stays in that month.
For a figure on one home rather than the whole Makati market, enter its address and size in the Airbnb profit calculator, which compares it with similar listings nearby.
Profit
Yes, when it's run well. The average Makati Airbnb took in ₱245,798 in the 12 months to September 2026, an average that counts every active listing, including those open only part of the year. A listing in the top quarter took in about ₱467,100, and run by its owner at everyday costs, about ₱28,000 a month of that is left after running costs, so a home that costs less than that to own or rent makes money.
These amounts come before housing costs. Where the mortgage or rent is less each month, the difference is profit; a home owned outright keeps it all after property tax, home insurance and any building or condo fees.
| Line | Average listing | Top-quarter listing |
|---|---|---|
| Money in | ||
| Nightly bookings | ₱233,798 | ₱444,400 |
| Cleaning fees guests pay5% of Makati bookings | ₱12,000 | ₱22,700 |
| Gross bookings | ₱245,798 | ₱467,100 |
| Running costs | ||
| Airbnb's feeAbout 12%: 15.5% for the 75% of Makati listings on Simplified Pricing, 3% for the rest | −₱30,500 | −₱57,900 |
| Cleaning and laundryPaid for by the cleaning fee; ₱0 if you clean yourself | −₱12,000 | −₱22,700 |
| Utilities and internetAbout 5% of bookings | −₱12,300 | −₱23,400 |
| Guest suppliesToiletries, coffee, paper goods: about 2% | −₱4,900 | −₱9,300 |
| Repairs and upkeepIncluding linens and small replacements: about 3% | −₱7,400 | −₱14,000 |
| Short-term rental insuranceOne policy, on top of Airbnb's free AirCover | −₱2,500 | −₱2,500 |
| Permit and registrationWhere one is required | −₱1,200 | −₱1,200 |
| Management₱0 when you run it; co-hosts charge from about 10% of nightly bookings | ₱0 | ₱0 |
| Pricing and messaging toolsOptional; Airbnb's own tools are free | ₱0 | ₱0 |
| Lodging taxesAdded to the guest's bill and passed on | ₱0 | ₱0 |
| Total running costsAbout 24% of bookings, plus cleaning paid for by the cleaning fee | −₱70,800 | −₱131,000 |
| Left for housing costs, then profit | ₱174,998about ₱14,600 a month | ₱336,100about ₱28,000 a month |
| Housing costs | ||
| Mortgage or rent, property tax, home insurance, building or condo fees | Depend on the home | |
The estimate starts from Makati's average listing, run by its owner. Change how the listing performs, who runs it and who cleans to see what is left for the mortgage or rent.
To work out the profit on one Makati home, with its price, its mortgage or rent and your own costs, use the Airbnb income calculator. It starts from the comparable listings around the address.
What a listing keeps comes down to the figures this page measures: nightly rate, nights booked and the months it's open. A listing at the top-quarter mark takes in about ₱38,900 a month, against ₱20,500 for the average one.
Occupancy
Makati listings were booked on 36% of the nights they were open over the past year, 3 percentage points above the Metro Manila average (33%) and 5 points above the Philippines average (31%). Counting only the listings booked in each month and averaging each month over two years, occupancy climbs to 47% in December and falls to 36% in May.
The busiest tenth of listings are booked about 5.4 times as often as the bottom quarter.
December is usually the busiest month in Makati, May the quietest
Share of open nights booked, by month, September 2024 to August 2026
The 12-month rate of 36% averages each listing's whole year, slow months included; each month here counts only the listings booked in it.
Nightly rates
The average nightly rate in Makati, known as ADR (average daily rate), was ₱2,554 over the past year, about the same as the Metro Manila average (₱2,660) and about 29% below the Philippines average of ₱3,620. In a typical year, rates barely change through the year, staying between about ₱2,430 and ₱2,650.
The top 10% charge about 2.3 times the rate of the bottom quarter.
Average nightly rate by month in Makati
Average nightly rate (ADR), by month, September 2024 to August 2026
The dashed line is the average of the months shown, ₱2,520.
RevPAR, or revenue per available night, divides a listing's income by every night it was open to book, so it rises with both price and bookings. In Makati it averaged ₱965 over the past year. Counting only the listings booked in each month and averaging each month over two years, it runs from about ₱976 in April to about ₱1,280 in December.
Per open night, by tier:
December RevPAR is about 1.3 times April's
Revenue per open night (RevPAR), by month, September 2024 to August 2026
The dashed line is the average of the months shown, ₱1,110. The 12-month RevPAR of ₱965 averages each listing's whole year, slow months included; each month here counts only the listings booked in it.
Seasonality
Makati earns at a steady pace year-round: no month runs more than 18% above the monthly average.
Average revenue by month in Makati
Average revenue per active listing, each calendar month averaged over the past two years
The dashed line is the average of the 12 calendar months, ₱33,700.
| Month | Revenue per listing |
|---|---|
| January | ₱35,000 |
| February | ₱33,700 |
| March | ₱33,200 |
| April | ₱29,300 |
| May | ₱31,800 |
| June | ₱33,900 |
| July | ₱36,700 |
| August | ₱33,500 |
| September | ₱30,600 |
| October | ₱32,400 |
| November | ₱34,200 |
| December | ₱39,700 |
Guests book Makati stays 20 days ahead on average (about three weeks), so many trips are booked close to arrival. December stays are booked furthest out, about 23 days ahead, and June stays closest to arrival, about 14 days. A typical December booking is made in late November.
December stays are booked furthest ahead
Average days between booking and check-in, by month of stay, September 2024 to August 2026
The 12-month figure of 20 days averages each listing's year as a whole; each month here averages only the listings with stays in it.
Permits
None of the 3,381 active listings in Makati display a registration, permit or license number. That doesn't mean no rules apply: some places don't ask hosts to show a number on the listing, and listing data doesn't capture every scheme.
Registration, permit, zoning and tourist-tax rules vary by address and change often, so confirm them with the local authority before buying or listing in Makati.
Neighborhoods
AirROI's area guide picks eight Makati neighborhoods that draw short-term rental guests, led by Makati Central Business District, Poblacion and Salcedo Village. The picks reflect guest appeal, not earnings data or permit eligibility, so check local permit rules for a specific address before buying.
| Area | Who it suits | Landmarks nearby |
|---|---|---|
| Makati Central Business District | The heart of Makati, known for its skyscrapers and financial hubs. A favorite for business travelers and tourists due to its proximity to major corporations, shopping, and dining. | Greenbelt Mall, Ayala Museum, Glorietta Mall, Makati Museum, Century City Mall, Bonifacio Global City |
| Poblacion | A vibrant neighborhood known for its nightlife, eclectic dining options, and artistic vibe. It attracts a younger crowd looking for a fun urban experience. | The Makati Avenue bars, Poblacion street art, Kismet Cafe, Fifty Shades of Chicken, Cultural shows at A. Venue Events Hall |
| Salcedo Village | A mixed-use area perfect for both leisure and business travelers. Known for its upscale residential communities and proximity to parks and markets. | Salcedo Weekend Market, Jaime C. Velasquez Park, HTP Makati, Rustan's Fresh Supermarket |
| Legaspi Village | A well-established neighborhood with residential and commercial spaces, close to several parks and embassies, making it popular with expats and foreign travelers. | Legaspi Active Park, Greenbelt Park, The Alpha Suites, San Lorenzo Village |
| Rockwell Center | An affluent area with luxury shopping and living, it attracts affluent travelers and is known for its upscale lifestyle and leisure options. | Power Plant Mall, Rockwell Center events, The Proscenium |
| BGC (Bonifacio Global City) | Adjacent to Makati, BGC is an emerging urban hub with modern architecture, significant business centers, and vibrant cultural spots. Great for both business and leisure guests. | The Fort Strip, Bonifacio High Street, Mind Museum, BGC Arts Center |
| Makati Medical Center | This area serves as a medical hub attracting visitors for health treatments. It appeals to medical tourists and their families. | Makati Medical Center, Medical City, A. Venue Mall |
| Makati Park Circuit | A developing area known for its outdoor activities and events, as well as nearby shopping and dining experiences. A more relaxed atmosphere attracts families and young professionals. | Circuit Makati, The Alley by Vikings, Makati Skate Park, Santo Niño de Paz - Greenbelt Chapel |
Area descriptions are AI-assisted from public sources and are not checked against zoning.
Listings
Entire homes make up 86% of listings in Makati, but private rooms are a real segment: about one listing in seven (13%) rents out a single room. Apartments and condos account for 92% of the stock; hotels, guesthouses and B&Bs come next at 5%.
Mostly entire homes, with a private-room segment
Makati Airbnb listings by room type
| Room type | Share of listings | Listings |
|---|---|---|
| Entire home | 86.1% | 2,912 |
| Private room | 13.4% | 453 |
| Shared room | 0.3% | 9 |
| Hotel room | 0.2% | 7 |
Apartments dominate the property mix
Makati Airbnb listings by property type
| Property type | Share of listings | Listings |
|---|---|---|
| Apartment/Condo | 92.1% | 3,115 |
| Hotel/Boutique | 5.2% | 175 |
| House | 2.0% | 67 |
| Unique stay | 0.4% | 14 |
| Others | 0.3% | 9 |
| Cabin/Outdoor | 0.0% | 1 |
Makati's homes run small: studios and one-bedrooms make up 87% of entire homes, and only 2% of homes have three or more bedrooms. Shares are of the 2,650 entire homes that give a bedroom count; rented rooms are left out.
Makati entire homes by number of bedrooms
Entire homes with each number of bedrooms, of those with a bedroom count on file
| Bedrooms | Share of entire homes with a bedroom count | Entire homes |
|---|---|---|
| Studio | 18.7% | 495 |
| 1 bedroom | 68.1% | 1,807 |
| 2 bedrooms | 11.2% | 297 |
| 3 bedrooms | 1.8% | 47 |
| 4 bedrooms | 0.2% | 5 |
| 5+ bedrooms | 0.1% | 3 |
A typical studio in Makati earned ₱134,000 over the past year, against ₱876,000 for a three-bedroom home.
| Home size | Listings | Typical annual revenue (median) | Average annual revenue | Avg. nightly rate | Occupancy |
|---|---|---|---|---|---|
| Studio | 495 | ₱134,000 | ₱216,000 | ₱2,243 | 36% |
| 1 bedroom | 1,807 | ₱163,000 | ₱233,000 | ₱2,361 | 38% |
| 2 bedrooms | 297 | ₱276,000 | ₱398,000 | ₱4,129 | 37% |
| 3 bedrooms | 47 | ₱876,000 | ₱1,200,000 | ₱8,019 | 45% |
Most Makati listings are sized for couples and small families: 88% sleep four guests or fewer, and just 3% take eight or more. Shares are of the 3,150 listings with a guest capacity on file (93% of the market).
Makati listings by guest capacity
Share of listings by the number of guests they sleep, of those with a capacity on file
| Guest capacity | Share of listings with a capacity on file | Listings |
|---|---|---|
| 1 guest | 0.3% | 11 |
| 2 guests | 41.5% | 1,306 |
| 3 guests | 18.0% | 568 |
| 4 guests | 28.5% | 896 |
| 5 guests | 4.9% | 155 |
| 6 guests | 3.6% | 112 |
| 7 guests | 0.4% | 14 |
| 8+ guests | 2.7% | 86 |
Makati hosts set up an average of 1.7 beds per listing. Only 49% of listings show their exact location on the listing map; the rest show an approximate area.
Pools are close to standard in Makati: 77% of listings have one, and 69% offer self check-in.
Share of Makati listings with each common amenity
Listings in Makati with a game console earned about twice as much a year, on average, as those without: ₱519,000 against ₱242,000. Listings with a sound system or a single-level layout show about the same gap. Bigger, professionally run homes tend to carry more amenities, so these gaps reflect the kind of listing as much as the feature itself.
Revenue gap for Makati listings with each amenity
How much more listings with the amenity earned in a year than those without, and the share of listings that have it
| Amenity | Listings with it | Avg. revenue with | Avg. revenue without | Revenue gap |
|---|---|---|---|---|
| Game console | 1% | ₱519,000 | ₱242,000 | +114% |
| Sound system | 6% | ₱480,000 | ₱231,000 | +108% |
| Single level home | 10% | ₱433,000 | ₱226,000 | +92% |
| Self check-in | 69% | ₱282,000 | ₱164,000 | +72% |
| Elevator | 63% | ₱290,000 | ₱171,000 | +69% |
| Gym | 34% | ₱336,000 | ₱200,000 | +68% |
| Patio or balcony | 36% | ₱326,000 | ₱201,000 | +62% |
| Outdoor kitchen | 0.4% | ₱391,000 | ₱245,000 | +60% |
| Outdoor furniture | 9% | ₱346,000 | ₱236,000 | +46% |
| Pool | 77% | ₱265,000 | ₱182,000 | +46% |
Guests
Makati splits its demand between home and abroad: 54% of guests who left reviews live outside the Philippines, led by visitors from the United States and Australia. Guests speak a mix of languages: English leads at 51%, followed by Tagalog and Filipino.
54% of Makati guests come from abroad
Where guests who left reviews live
Where Makati guests come from: top cities
Share of guests who left reviews
| Origin city | Share of guests |
|---|---|
| Manila | 6.1% |
| Makati | 5.1% |
| Quezon City | 3.4% |
| New York | 1.7% |
| Cebu City | 1.6% |
Where Makati guests come from: top countries
Share of guests who left reviews
| Origin country | Share of guests |
|---|---|
| Philippines | 46.1% |
| United States | 20.3% |
| Australia | 5.3% |
| United Kingdom | 3.8% |
| Canada | 3.7% |
Languages spoken by Makati guests
Share of guests who left reviews
| Language | Share of guests |
|---|---|
| English | 51.3% |
| Tagalog | 12.7% |
| Filipino | 10.7% |
| Spanish | 5.4% |
| French | 3.9% |
Makati Airbnbs average 4.74 stars, and 37% of listings hold Airbnb's Guest Favorite badge. The category scores are tightly bunched, and cleanliness is the lowest, at 4.70.
Location scores highest in Makati; cleanliness is lowest
Average guest rating out of 5 by category; the bars start at 4.0
| Category | Average rating (out of 5) |
|---|---|
| Accuracy | 4.78 |
| Cleanliness | 4.70 |
| Communication | 4.83 |
| Location | 4.85 |
| Check-in | 4.84 |
| Value | 4.75 |
Booking patterns
85% of Makati listings are open to guests more than 180 days a year, but only 16% are booked or blocked that many days. The most common booked-or-blocked total is 1 to 30 days a year, covering 31% of listings; blocked nights include any the host closes off.
Days a year Makati listings are open to guests
Share of listings by days a year
| Days a year | Share of listings | Listings |
|---|---|---|
| 271-366 days | 60.8% | 2,057 |
| 181-270 days | 24.0% | 811 |
| 91-180 days | 12.6% | 426 |
| 31-90 days | 2.5% | 83 |
| 1-30 days | 0.1% | 4 |
Days a year Makati listings are booked or blocked
Share of listings by days a year
| Days a year | Share of listings | Listings |
|---|---|---|
| 271-366 days | 2.9% | 98 |
| 181-270 days | 13.0% | 439 |
| 91-180 days | 24.3% | 821 |
| 31-90 days | 29.1% | 985 |
| 1-30 days | 30.7% | 1,038 |
The average Makati booking lasts 5.7 nights, longest in July and shortest in December. Listings took about 15 bookings each over the year, some 50,800 in all. About half of listings that give a check-in time set it at 2 p.m.; check-out is split almost evenly between 11 a.m. and noon.
Average length of stay by month in Makati
Average nights per booking, by month of stay
Two-year average by calendar month.
85% of listings in Makati accept stays of one or two nights.
Minimum stay set by Makati listings
Share of listings by the shortest stay they accept, from one night to 30 or more
Flexible is the most common cancellation policy in Makati, used by 35% of listings; it refunds guests in full if they cancel at least a day before check-in. Hosts here lean flexible: more than six in ten listings offer Flexible or Moderate terms, against 30% on Firm or stricter ones.
Cancellation policies of Makati listings, from most to least flexible
Share of listings by the policy they use
Nearly eight in ten Makati listings charge a cleaning fee. The typical fee is ₱655, but a minority of much higher fees lifts the average to ₱1,370, so the median is the better guide. Spread over the average stay of 5.7 nights, that adds roughly ₱115 a night to what guests pay. For listings that charge one, cleaning fees make up about 5% of gross revenue.
Top earners
The top-grossing Airbnb in Makati, a five-bedroom home, took in ₱5,830,000 over the past year, about 24 times the city's average of ₱246,000.
Alpaca-Lemon Penthouse Entire home · 5 bedrooms Rated 4.94
3BR New Designer Penthouse Loft @Mosaic, Greenbelt Entire home · 3 bedrooms Rated 4.84
3BR New & Stylish @ Mosaic | Walk to Greenbelt Entire home · 3 bedrooms Rated 4.81
3BR Greenbelt Family Home @ Mosaic Tower Entire home · 3 bedrooms Rated 4.90
Makati Royale - 4BR w/ 2 Free Parking and Karaoke Entire home · 4 bedrooms Rated 4.87
3BR Family Condo @ Greenbelt Mosaic + Fast Wi-fi Entire home · 3 bedrooms Rated 4.65 Prime Manila is the top-grossing host in Makati, with ₱35.4 million in bookings across 22 listings over the past year. Hosting here is fragmented: the ten top-grossing hosts run just 8% of the market's 3,381 listings. Prime Manila also earns more per listing than any other host on the list.
| # | Host | Listings | Gross revenue | Per listing | Avg. rating |
|---|---|---|---|---|---|
| Prime Manila | 22 | ₱35,432,787 | ₱1,610,581 | 4.89/5 | |
| Remi | 14 | ₱13,650,728 | ₱975,052 | 4.92/5 | |
| Peter | 59 | ₱13,243,840 | ₱224,472 | 4.85/5 | |
| 4 | Gigi & Jeff (G&J Staycation) | 31 | ₱11,725,796 | ₱378,251 | 4.83/5 |
| 5 | Lui | 8 | ₱11,111,802 | ₱1,388,975 | 4.84/5 |
| 6 | Seven | 44 | ₱10,703,187 | ₱243,254 | 4.71/5 |
| 7 | Jam | 12 | ₱9,279,049 | ₱773,254 | 4.81/5 |
| 8 | Abyzz | 23 | ₱8,894,253 | ₱386,707 | 4.89/5 |
| 9 | Junkui | GemstoneBR | 47 | ₱8,704,832 | ₱185,209 | 4.81/5 |
| 10 | Brian | 9 | ₱8,443,300 | ₱938,144 | 4.95/5 |
Fewer than 1% of Makati listings are classed as professionally managed, though 52% of listings have a co-host. Superhosts run 46% of listings. Airbnb's Simplified Pricing, where the host pays the whole service fee and guests see one price with no separate Airbnb charge, covers 75% of listings.
15 management companies run five or more active Airbnb listings in Makati, and companies run 10% of its 3,381 active listings. GemstoneBR is the largest, with 58 listings and an average guest rating of 4.83; the next largest are Home Me Hotel, Jeff (G&J Staycation), Manager Home Me Hotel and Property Relations. Among the five largest, Jeff (G&J Staycation)'s homes rate highest, at 4.87.
The five largest run 5% of Makati's listings
Share of Makati's 3,381 active Airbnb listings each company runs as host or co-host
Listings each company runs as host or co-host, 12 months to September 2026. Guest ratings average each listing's Airbnb rating, weighted by its reviews.
See the largest management companies in Metro Manila, with a profile of each.
Nearby markets
AirROI also tracks listings in this area under another name: Makati (225 active listings) has its own page and is left out of the comparison below.
Of the eight nearby markets in the table, all within 7 km, Taguig (4 km away) earned the most per listing, about 94% more than Makati.
| Market | Listings | Avg. annual revenue | Avg. nightly rate | Occupancy |
|---|---|---|---|---|
| Mandaluyong 3 km | 2,069 | ₱191,683 | ₱2,171 | 34% |
| Taguig 4 km | 2,327 | ₱475,785 | ₱3,952 | 38% |
| Pasay 4 km | 5,230 | ₱193,946 | ₱2,440 | 33% |
| Manila 4 km | 1,349 | ₱191,088 | ₱2,408 | 32% |
| Metro Manila 5 km | 133 | ₱210,917 | ₱3,176 | 31% |
| San Juan 5 km | 82 | ₱249,564 | ₱3,109 | 31% |
| Pasig 6 km | 1,142 | ₱190,671 | ₱2,503 | 32% |
| Parañaque 7 km | 1,902 | ₱178,702 | ₱2,892 | 29% |
See all 18 Metro Manila Airbnb markets
Markets elsewhere in the Philippines with a similar nightly rate and occupancy to Makati:
FAQ
An active Makati Airbnb grossed ₱245,798 on average in the 12 months to September 2026, according to AirROI's tracking of 3,381 active listings. That is before cleaning, management, taxes and financing. Busier, better-run listings do far better: the top quarter took in ₱46,300 or more in a typical month.
It depends most on the home's size, location and how it's run. The middle half of Makati listings earn between ₱9,870 and ₱46,300 in a typical month, and the top tenth ₱73,100 or more. For one home, enter its address and bedroom count in the Airbnb calculator: it compares the home with similar listings nearby.
Listings in Makati were booked on 36% of available nights over the past year. That compares with 33% for the Metro Manila average. December is usually the busiest month.
The average booked night in Makati cost ₱2,554 before fees. Half of listings charge between ₱1,710 and ₱2,825, so bedroom count and location move the price more than the average suggests.
None of the active Makati listings display a registration, permit or license number. That doesn't mean no rules apply, so confirm registration, permit and tourist-tax rules with the local authority before buying.
Yes, when it's run well. The average Makati Airbnb grossed ₱245,798 in the 12 months to September 2026, 5% above the Metro Manila average of ₱233,009, counting listings open only part of the year. A listing at the top-quarter mark, run by its owner with the cleaning fee covering the cleaner and everyday costs for Airbnb's fee, utilities, supplies, upkeep and insurance, has about ₱28,000 a month left before the mortgage or rent, so a home that costs less than that to own or rent makes a profit. Check a specific home in the Airbnb estimator.
December usually pays best, averaging ₱39,700 per active listing over the past two years, and April usually pays least. The month-by-month table above shows how the latest 12 months played out.
Each night a Makati listing was open to book earned ₱965 on average over the past year, booked or not. That figure, revenue per available night (RevPAR), folds price and occupancy into one number; the top 10% of listings made ₱1,870 or more.
Makati stays were booked 20 days (about three weeks) before arrival on average over the past year, so a listing can still fill close to the date.
The average Makati Airbnb stay lasted 5.7 nights over the past year. A listing took 15 reservations over the year on average.
Guests rate Makati Airbnbs 4.74 out of 5 on average. Guests score location highest and cleanliness lowest.
Makati Central Business District, Poblacion and Salcedo Village draw the most short-term rental interest in Makati. The neighborhood guide explains what brings guests to each.
AirROI counted 3,381 active Airbnb listings in Makati as of September 2026. The closest tracked market is Mandaluyong, 3 km away.
In Makati, nearly eight in ten listings add a cleaning fee. The median fee is ₱655, but a minority of much higher fees lifts the average to ₱1,370, so the median is the better guide.
Method
Figures on this page cover 3,381 active Airbnb listings in Makati from October 2025 to September 2026 (trailing twelve months). AirROI refreshes them monthly from listing-level booking and calendar data covering 20+ million properties worldwide. AirROI measures bookings in US dollars; this page shows them in Philippine pesos at ₱59.5 per US$, the typical rate from October 2025 to September 2026. Annual revenue averages every listing active during the period, including those listed for only part of it; monthly figures average the listings active in each month; the tier lists show the spread. Neighborhood descriptions are AI-assisted. See the methodology for definitions.
Need this programmatically? The same metrics are available through the AirROI Airbnb Data API and bulk downloads in the data portal.