Flats for Rent in Mumbai: Market at a Glance
Square Yards lists 73,228+ apartments for rent in Mumbai, with an average monthly rent of ₹79,740.
Total Flats
60,791+
All configurations
Average Rent
₹78,503
Per month, city-wide
Entry-Level Rent
₹5,000
Lower band
Premium Rent
₹50 Lac
Upper band
Flats for rent in Mumbai start from entry-level ₹5,000 to ₹50 Lac for the most premium addresses in the city, with 60,791+ apartments listed across every configuration. Whether you're comparing flats in Mumbai for rent for the very first time or you already know the sector you want, rental flats here vary so much by locality that the city-wide average of ₹78,503 only tells part of the story. A 1 BHK flat on rent in an older, established pocket and an apartment for rent in Mumbai's most premium towers are effectively different markets that happen to share a postcode.
Furnishing status changes the equation more than most first-time renters expect. Semi-furnished, fully furnished and unfurnished flats all sit at different price points even within the same building, and a semi-furnished 2 BHK might already have wardrobes and a modular kitchen fitted while an unfurnished flat next door rents for noticeably less simply because the tenant brings their own beds and sofas. If you'd rather just search rent flats near me and let the location filter do the work, that's usually the fastest way to shortlist rental apartments worth a closer look before you start comparing furnishing and price.
How many flats are available for rent in Mumbai right now?
There are currently 60,791+ flats available for rent in Mumbai. The flats range from small 1 BHK flats to big 5 BHK apartments. That's a genuinely large pool of rental flats to choose from, though availability by BHK size and furnishing status shifts a lot depending on which part of the city you're targeting.
What's a realistic budget for renting a flat in Mumbai?
Most tenants should plan around the city average of ₹79,740 a month, though the real number swings hard based on BHK size and locality. Budget-focused renters can find something workable near ₹5,000, while the upper end, closer to ₹1 Cr., is really its own category reserved for large, premium apartments for rent in Mumbai's most sought-after pockets.
Is it cheaper to rent a furnished or unfurnished flat in Mumbai?
Unfurnished flats on rent almost always carry a lower headline number, but you're on the hook for furniture and setup costs that add up fast. With real choice at every furnishing level across Mumbai's rental stock, it's worth comparing the total move-in cost of each option rather than just the sticker rent.
Why are apartments the dominant rental format in Mumbai?
Mumbai's housing stock is overwhelmingly built around high-rise and mid-rise apartment complexes, which is why flats on rent make up almost the entire rental market here, rather than independent houses or plots. For a working professional relocating to the city, that usually means organised security, maintained common areas and predictable monthly charges bundled into the deal.
Can I find rental apartments near Mumbai's business hubs specifically?
Yes, with 60,791+ flats spread across the city there's strong coverage near the main commercial and office corridors. Filtering by locality and commute time is usually the fastest way to narrow down an apartment for rent in Mumbai once you know which office you need to be near.
Is it worth renting directly from an owner instead of going through a broker?
Both routes work in Mumbai. Going direct skips the broker's fee, while a local broker can widen your options and speed up the paperwork, genuinely useful if you're new to the city and unsure which localities suit your commute.
Flats for Rent in Mumbai by BHK Type
2 BHK flats lead the market with 27,136+ live listings, making them the most widely available configuration in the city.
| Property Type |
Listings |
Min Price |
Max Price |
Avg Price |
View Listings |
| 1 BHK |
12,551+ |
₹5,000 |
₹50 Lac |
₹42,921 |
Browse 1 BHK → |
| 2 BHK |
27,136+ |
₹5,000 |
₹23 Lac |
₹75,049 |
Browse 2 BHK → |
| 3 BHK |
13,099+ |
₹9,000 |
₹17.5 Lac |
₹1.55 Lac |
Browse 3 BHK → |
| 4 BHK |
3,094+ |
₹35,000 |
₹30 Lac |
₹4.13 Lac |
Browse 4 BHK → |
| 5 BHK |
372+ |
₹35,000 |
₹35 Lac |
₹5.25 Lac |
Browse 5 BHK → |
Why do 2 BHK flats dominate Mumbai's rental listings?
2 BHK rental flats hit the sweet spot for the widest range of tenants, from small families to two working professionals splitting the rent. With 27,136+ live listings averaging ₹75,049, it's easily the most searched and most available configuration in the city, which naturally makes it the easiest size to actually find.
How much does a 1 BHK flat cost to rent in Mumbai?
Around ₹42,921 on average, out of 12,551+ listings. The cheaper 1 BHK flats on rent near ₹5,000 tend to be older buildings further from the main commercial corridors, while newer construction closer to business hubs pushes toward ₹50 Lac. This is usually the first stop for students, single professionals, or anyone still deciding which part of Mumbai actually suits their commute.
Is a 3 BHK apartment for rent in Mumbai worth the jump from a 2 BHK?
Often, yes. There are 13,099+ 3 BHK flats on the market, averaging ₹1.55 Lac and ranging from ₹9,000 to ₹17.5 Lac, a real step up from 2 BHK pricing. For a larger family, or anyone doing hybrid work who needs a proper home office instead of a corner of the bedroom, that extra room tends to earn its keep fast.
Who actually rents 4 BHK and 5 BHK apartments in Mumbai?
Not many people, relatively speaking, with 3,094+ 4 BHK and just 372+ 5 BHK listings. Averages sit at ₹4.13 Lac and ₹5.25 Lac respectively, with the very top of the 5 BHK bracket touching ₹35 Lac. This is joint-family territory, senior executives on company-paid leases, or tenants who specifically want a full-floor layout and have the budget to match.
Flats for Rent in Mumbai by Furnishing Status
Semi-furnished leads the market, well ahead of fully furnished.
Status
Distribution
View Listings
Should I rent a semi-furnished flat in Mumbai?
For most tenants, yes, it's the sweet spot. Semi-furnished is the largest category by some distance, typically including fitted wardrobes and kitchen cabinetry while leaving bigger items like beds and sofas to the tenant. It suits people who already own a few essentials but don't want to fit out a kitchen from scratch.
Is a fully furnished apartment for rent in Mumbai worth the extra cost?
Yes, often. Especially for short posts. There's a good supply of fully furnished flats to rent all over the city, so that's not a problem, and for someone coming to Mumbai on a fixed-term assignment, it avoids the upfront cost of buying furniture and the hassle of selling it on later.
Which Areas Are Best for Renting a Flat in Mumbai?
Locality plays a bigger role in the final rent than most tenants expect, often more than bedroom count itself.
Premium and Central Localities
Mumbai's most sought-after localities sit closest to the main business districts, and rents here climb well above the city average for equivalent BHK sizes elsewhere. A few things stand out about this tier:
- Proximity to major commercial hubs keeps demand high among finance and corporate professionals.
- Buildings here typically come with full amenity stacks: gyms, swimming pools, and dedicated visitor parking.
- Most rental flats here are semi-furnished or furnished rather than bare shell.
- Carpet areas run smaller relative to rent than in the suburbs, since tenants are paying largely for location.
- This tier sits closest to the top of the ₹1 Cr. band the city has on offer.
Mid-Range Hubs
A wide band of well-connected suburbs anchors the mid-range segment, where 2 BHK flats commonly land close to the city-wide 2 BHK average of ₹75,049 depending on the building and furnishing status. This tier is worth knowing for a few reasons:
- These pockets sit close to major offices and transit hubs, keeping demand steady year-round.
- Family-oriented suburbs draw tenants specifically for schools and established social infrastructure nearby.
- Semi-furnished is by far the most common furnishing type across this tier.
- Metro and suburban rail connectivity here is generally strong enough to skip owning a car.
- This band represents the largest share of the city's 27,136+ live 2 BHK listings.
Affordable and Emerging Pockets
Outer and emerging suburbs offer some of the more accessible rents in the city, often close to the ₹5,000 entry point for smaller or older units. A few points worth flagging:
- Newer high-rise construction in these pockets keeps per-square-foot rents competitive.
- This tier sits closest to the city's entry-level ₹5,000 band.
- Commute times to the central business districts run longer here, a genuine trade-off for the lower rent.
- Smaller and mixed-configuration flats show up more often in this segment than elsewhere in the city.
- These pockets tend to suit tenants prioritising space and value over a short commute.
Overview Table of Rental Options
Click through to any locality below to browse current listings on Square Yards.
| Locality |
Typical Configurations Available |
Estimated Monthly Rent Range |
Best Suited For |
| Bandra West |
1 BHK to 3 BHK |
₹90,000 to ₹3 Lac+ |
Expats, senior professionals, media industry tenants |
| Andheri West |
1 BHK, 2 BHK |
₹35,000 to ₹1.1 Lac |
Working professionals, media and IT employees |
| Powai |
1 BHK to 3 BHK |
₹55,000 to ₹1.2 Lac+ |
Families, corporate professionals near IIT Bombay |
| Chembur |
1 BHK, 2 BHK |
₹60,000 to ₹90,000 |
Easy commute to BKC and Navi Mumbai |
| Goregaon East |
1 BHK to 3 BHK |
₹18,000 to ₹2.25 Lac |
Growing office and retail corridor near Andheri, Powai |
Where Are the Cheapest Flats in Mumbai?
Outer and extended suburban corridors consistently offer the lowest rents in the city.
Moving away from the central business districts and prime western suburbs is the fastest way to bring rent down significantly, often for a similar or larger flat. A few pockets stand out for genuinely budget-friendly options:
- Kandivali West: 1 RK flats start from around ₹15,000 a month, with 2 BHK units available from roughly ₹56,000 depending on the society and furnishing.
- Mira Road: sits just across the city's northern edge but shows up alongside Mumbai's own rental inventory, with 1 BHK flats starting near ₹15,000 and 2 BHK options available from around ₹19,000.
- Borivali West: among the more affordable western suburbs with genuine social infrastructure, where 2 BHK flats are commonly available from around ₹50,000 and 3 BHK options start around ₹65,000.
These corridors trade a longer commute into South Mumbai or BKC for meaningfully lower rent, and they tend to have solid suburban rail connectivity, which keeps the trade-off manageable for most tenant.
What Should You Know About Rental Terms in Mumbai?
The deposit, lease structure and paperwork norms that shape a rental agreement here.
Security deposits in Mumbai run considerably higher than in most other Indian cities, commonly six months' rent, and sometimes a full year in premium buildings, compared to just one or two months' rent elsewhere. It's worth clarifying the exact figure with a landlord or broker before getting attached to a particular flat. Tenants will generally need government-issued ID, address proof and income verification such as salary slips, and starting the search early helps, since popular 2 BHK listings in well-connected localities tend to move quickly. Going direct with an owner saves the broker's fee, while a broker often has access to a wider pool of options and can speed up the paperwork for anyone new to the city.
Chhatrapati Shivaji Maharaj International Airport Andheri East
Godrej It Park Vikhroli East
Seven Hills Hospital Andheri East
Infiniti Mall Malad West
Bombay Scottish School Powai
Compact Homes
Starter Homes
Family Homes
Spacious Homes
