Rent in Mumbai’s 8 Cheapest Areas

We present to you a list of Mumbai’s most affordable rental neighbourhoods. Budget rental properties are available in a number of Mumbai neighborhoods, from Kandivali to Navi Mumbai. Look at this. Finding the best and least expensive neighbourhoods to rent in Mumbai might be difficult because the city is known for having the most expensive real estate in India. Thousands of individuals relocate to Mumbai, sometimes known as the “City of Dreams,” to pursue their ambitions and search for better possibilities. If you are one of them, you should be aware that there are many economical options in this metropolis of opulent high-rise structures.


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There are several factors to consider when looking for a rental home, including the amenities, nearby medical facilities, local transportation, etc. In this blog, we’ll list some of Mumbai’s most affordable rental neighbourhoods along with their relative cost and access to amenities. These convenient neighbourhoods are reasonably priced and provide decent access to the rest of the city.

Cheapest Areas In Mumbai

Mumbai’s Cheapest Neighborhoods for Rent

Regardless of whether you are searching for a flat, home, or builder’s floor, here are some of the least expensive neighbourhoods in Mumbai for rent. People in Mumbai who are on a limited budget or looking for more cheap places have a variety of affordable housing options.

KandivaliCheapest Areas In Mumbai

Also Kandivali, a neighbourhood in Mumbai’s suburbs, is among the city’s least expensive places to rent a home. Kandivali, a growingly well-liked neighbourhood in Mumbai, offers a wide variety of reasonably priced homes, and you’ll find a mix of families & working professionals residing here. This neighborhood, which is located 14 kilometres from Mumbai’s domestic and international airports, has excellent access to the majority of the city. The Kandivali neighbourhood is traversed by the Goregaon-Mulund Link road, which connects the central and western neighbourhoods. There is a local railway station in Kandivali as well, and it is one of the busiest in all of Mumbai. The residents of Kandivali have access to all the major locations of Mumbai thanks to the Kandivali railway station.

 

Nearby Kandivali Social Amenities:

hospitals: Shatabdi Hospital, Paarth Hospital, BMC Hospital, and Sukhsagar Hitech Hospital.

Institutions of higher learning include Kapol Vidyanidhi International School, Prakash College of Commerce & Science, and St. Joseph’s High School.

Thakur Mall & Raghuleela Mega Mall are two malls/markets.

 

Rent Prices in Mumbai’s Cheapest Neighborhoods: Kandivali

Configuration Unit Approximate Rent In Kandivali
2 BHK Rs 20,000 – Rs 30,000
3 BHK Rs 50,000 – Rs 80,000

 

Goregaon

Mumbai’s Goregaon area is a well-planned, upmarket area with a variety of housing options. This area in the suburbs, which is on the western line, is second only to Andheri in terms of popularity. Goregaon’s real estate industry is booming as a number of new developers build inexpensive homes with first-rate amenities. One of Mumbai’s nicest and most affordable neighborhoods, Goregaon provides a variety of homes for rent, including flats, builder floors, & apartments.

 

Goregaon’s nearby social amenities:

hospitals such as Prime Multi Speciality Hospital, Bluebell Hospital, Sri Sai Clinic, & Oscar Super Speciality Hospital.

Institutions of higher learning include St. Thomas High School, Mount Mary High School, Goregaon College of Management Studies, Akshar Education.

Oberoi Mall, The Hub Mall, and Hiren Shopping Center are all malls.

 

Goregaon has the Cheapest Rent Prices in Mumbai.

Configuration Unit Approximate Rent In Goregaon
2 BHK Rs 64,000 – Rs 95,000
3 BHK Rs 70,000 – Rs 1.2 lakh

 

Ghatkopar

One of Mumbai’s oldest neighborhoods, Ghatkopar is home to both new and historic residential communities. Ghatkopar is one of Mumbai’s greatest and most affordable neighbourhoods because it is a well-known location for renting possibilities. This neighbourhood is dominated by multi-story apartments. The metro line that travels along the Andheri-Ghatkopar corridor provides excellent connectivity and increases accessibility to Ghatkopar. Additionally, thanks to its proximity to the Sion-Panvel Expressway, Ghatkopar is easily reachable from both the north & south zones.

In Ghatkopar, it’s simple to find 1 bedroom, 2 bedrooms, and 3-bedroom flats for rent.

 

Nearby Ghatkopar Social Amenities:

Hospitals: Samartha Maternity & Multispecialty Hospital, Sarvodaya Hospital, Ramabai Thackrey Hospital etc.

The Universal School, Podar International School, Sree Narayan Guru Central School, Vidyaniketan Commerce & Science College and P G Garodia School are among the educational institutions.

K Star Mall, R City Mall, and Milan Shopping Center are all malls.

 

Rent Prices in Mumbai’s Cheapest Neighborhoods: Ghatkopar

Configuration Unit Approximate Rent In Ghatkopar
2 BHK Rs 30,000 – Rs 60,000
3 BHK Rs 80,000 – Rs 1.5 lakh

 

Chembur

Another affordable neighbourhood in Mumbai, this one is favoured by many due to the presence of various industrial hubs nearby. Notable attractions including the Tata Institute of Social Science, Diamond Garden, & Dr. Ambedkar Garden contribute to Chembur’s appeal as a tourist destination. Many families and IT workers like to reside there because it’s one of the least expensive parts of Mumbai and has top-notch amenities and excellent connectivity. Chembur, which connects Navi Mumbai & Central Mumbai, is situated about 15 kilometres from the airport.

 

Chembur’s nearby social amenities:

Hospitals: Apollo Spectra Hospital, SRV Hospital, Zen Multi Speciality Hospital, and Chembur Hospital Project Trust

Institutions of higher learning: Vivekanand Education Society’s Institute of Technology, Universal High School, St. Gregorios High School, and Our Lady of Perpetual Secour High School (VESIT)

Cubic Mall & K Star Mall are two malls.

 

Rent Prices in Mumbai’s Cheapest Neighborhoods: Chembur

Configuration Unit Approximate Rent In Chembur
2 BHK Rs 50,000 – Rs 75,000
3 BHK Rs 50,000 – Rs 1.3 lakh

 

Navi Mumbai

Navi Mumbai is the place to go if you want to live in a peaceful and green neighbourhood with reasonable housing. The Navi Mumbai can be reached by train in less than an hour from Mumbai’s Chhatrapati Shivaji Terminus. Those who are unable to purchase real estate in Mumbai’s metropolitan area will find a tonne of residential property possibilities in this location. The well-designed layout with ample-sized flats is one of Navi Mumbai’s outstanding qualities. Due to its relatively affordable cost and convenient access to both Mumbai and Pune, Navi Mumbai has seen a significant increase in the number of people looking to rent an apartment in recent years. Most IT, banking, and financial professionals reside in Navi Mumbai.

The majority of Navi Mumbai’s middle- and upper-class residents opt to reside in the neighbourhoods of Vashi, Nerul, and Belapur.

 

Rent Prices in Mumbai’s Cheapest Neighborhoods: Navi Mumbai

Configuration Unit Approximate Rent In Navi Mumbai
2 BHK Rs 25,000 – Rs 50,000
3 BHK Rs 34,000 – Rs 70,000

 

Borivali

With affordable housing options in the suburbs, Borivali is another of Mumbai’s more affordable neighbourhoods. The area has excellent access to the international airport and the Western Express Highway connects Borivali and Bandra. The Sanjay Gandhi National Park’s forest acreage contributes to the abundance of greenery in the area. Borivali has a wealth of social infrastructure and well-designed roads. The Borivali Railway Station, a significant station for local & outstation trains, is another motivating reason. Borivali, one of Mumbai’s more affordable neighborhoods, offers better livability alternatives and is rapidly moving towards becoming the city’s most affordable location to live. Some of the commercial hubs, such Andheri, Bandra Kurla Complex (BKC), Malad, & Goregaon, may be reached with ease because to the good connection of the Mumbai suburban railway network.

 

Rent Prices in Mumbai’s Cheapest Neighborhoods: Borivali

Configuration Unit Approximate Rent in Borivali
2 BHK Rs 25,000-Rs 50,000
3 BHK Rs 25,000-Rs 40,000

 

Thane

For those searching for the cheapest region in Mumbai to rent an apartment in, Thane is quickly becoming a popular choice. With a burgeoning population, Mumbai has seen a rise in demand for housing alternatives that is both inexpensive and of high quality. Thane has seen the debut of many new residential projects in recent years that cater to both those wishing to buy a home and those looking to rent one. Thane is one of the least expensive neighbourhoods of Mumbai to rent in, but it also has a number of entertainment options, reputable schools, and well-known malls like Viviana Mall and R Mall Thane West. The area offers a range of great living options, strong road access, and affordable housing options. Thane is one of the most popular places for people to buy or rent a home because of its modern infrastructure and simple access to social facilities.

 

Rent Prices in Mumbai’s Cheapest Neighborhoods: Thane

Configuration Unit Approximate Rent In Thane
2 BHK Rs 20,000-Rs 30,000
3 BHK Rs 36,000 – Rs 75,000

 

 

Vikhroli

Vikhroli Cheapest Areas In Mumbai, a neighbourhood in North-East Mumbai, is another excellent choice for the most inexpensive neighbourhoods to rent in Mumbai. It is renowned for its affordable yet high-quality living experience. Vikhroli has become known as the “Real Estate Sector of the Year” due to its abundance of rental homes, first-rate facilities, & social infrastructure like businesses, banks, and schools. Vikhroli is consistently at the top of the list for prospective house buyers in addition to being one of the most affordable locations of Mumbai for rent. The neighbourhood has excellent road access, & the Vikhroli railway station on the central rail line connects it to the rest of Mumbai city.

 

Rent Prices in Mumbai’s Cheapest Neighborhoods: Vikhroli

Configuration Unit Approximate Rent in Vikhroli
2 BHK Rs 55,000-Rs 80,000
3 BHK Rs 1 lakh – Rs 1.3 lakh

 

Conclusion on Cheapest Rental Areas In Mumbai Rental

Even though Mumbai, the city of many dreams, has some of the most costly real estate, it never lets down those looking for affordable accommodation. Mumbai features many affordable rental neighbourhoods and a vast selection of renting possibilities. Some of the greatest possibilities for you can be found on the above list of the cheapest areas in Mumbai if you’re seeking for reasonably priced houses to rent. You can lower your rent expenses while maintaining a respectable standard of living by relocating to one of these least expensive regions of Mumbai.

 

 

 

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