Local elections was held in the City of Manila on May 11, 1992, within the Philippine general elections after the passing of 1987 constitution and its transition period from 1988 to 1992. The voters elected for the elective local posts in the city: the mayor, vice mayor, the six congressmen, and the councilors, six in each of the city's six legislative districts.

Mel Lopez, the incumbent mayor from 1986 to 1987, got his term of own right in 1988. Lopez will face NBI director and former Western Police District (WPD) chief Alfredo Lim, former Mayor Ramon Bagatsing, 6th district representative Pablo Ocampo Jr., 6th district councilor Manuel Isip and 1988 running mate Danny Lacuna, who resigned as vice mayor before the election. Lacuna was replaced by Ernesto P. Maceda, Jr. Lopez's past opponent Lito Atienza, is now Lim's running-mate.

The tandem of Lim and Atienza won the elections.

Results For Mayor NBI director and former Western Police District chief Alfredo Lim won the elections against incumbent mayor Mel Lopez, former mayor Ramon Bagatsing and former vice mayor Danny Lacuna.

For Vice Mayor Incumbent vice mayor Ernesto Maceda Jr. opted to run for a return as a 4th district councilor instead of seeking a full term as vice mayor. Former NHA general manager Lito Atienza won the elections against 4th district councilor Jaime de la Rosa and 1st district councilor Abraham Cabochan.

Representatives Manila's 1st district Incumbent Martin Isidro Sr. of Laban ng Demokratikong Pilipino was re-elected to a second term.

Manila's 2nd district Incumbent Jaime Lopez of Lakas–NUCD was re-elected to a second term.

Manila's 3rd district Incumbent Leonardo Fugoso of Koalisyong Pambansa was re-elected to a second term.

Manila's 4th district Incumbent Ramon Bagatsing Jr. of Laban ng Demokratikong Pilipino was re-elected to a second term.

Manila's 5th district Incumbent Amado Bagatsing of Laban ng Demokratikong Pilipino was re-elected to a second term.

Manila's 6th district Incumbent Pablo Ocampo of the Nationalist People's Coalition (NPC) retired. The NPC nominated Ocampo's daughter, Rosenda Ann Ocampo, who won the election.

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