When you’re planning to move to Mumbai, finding a good rental home is tricky. Kinda like playing a new video game in super hard mode. But what else can you expect? With so many top colleges in the city, you’d always find someone already in the queue to get the rental house you worked so hard to find. But don’t you worry, we’re here to guide you through everything and anything about renting in Mumbai.
And yup, we know all about it. Because making second homes for young migrants like you is kind of our full-time job at our Stanza Living managed apartments. It’s also why we make your rental life super easy by covering all your household chores (like preparing meals, cleaning your rooms, and taking out your laundry) and providing you the ability to do all your house-renting formalities (like paying rent) via our resident app. And we want to make your life easier even before you’ve made the move to the city of dreams. With our co-living and apartments guide for students looking to rent homes in Mumbai. With this covered, you skip past that competition. If finding a good rental apartment is a hard video game, then these are the cheat codes.
Here you go! These are the things you need to figure out before you start to rent in Mumbai:
Looking for a place that covers all your household chores? Just check out our residences in Mumbai. |
Choosing a neighborhood is the most important thing to do before you look for an apartment. It’ll dictate the rent you pay every month, the total commuting costs it takes to travel to your office, and literally every other thing. Also, it’s not necessary that you’ll find the place that you imagined in the locality you choose. So make sure you shortlist 2-3 areas at least. Or if you’re a billionaire, just straight up go for a house in Malabar Hill. But then again, if you were one, you wouldn’t be reading this page, would you?
Here are some areas you can consider staying in the city:
If you’ve cemented your decision to move into Mumbai, then good. But you also have to decide how you’d want to live in the city. You can either go for an independent apartment or managed accommodation like co-living spaces and flats. And while you make those crucial decisions, these are things to ask yourself. One is whether the option you choose will fit your budget. And second, whether you’d like to live with roomies.
If you ask for suggestions, we’d recommend going for a co-living space. Because all your household chores will be covered and you can chill as hard as that guy who spends more time in the college canteen than in classes.
Long gone are the days when you had to run around your new neighborhood looking for furniture. And so are the days when you’d have to commit and purchase new ones. So we suggest you look for the top online furniture rentals or buy old items from acquaintances and online marketplaces. Now, some of you might interpret ‘old’ as ‘battered’. But think about it. Nobody takes care of valuables as this country does. Like we don’t even remove the plastic cover from the TV remote until it becomes completely covered with dirt.
No matter which area you pick, the internet packages are the same throughout the city. But when it comes to electricity, there are three different providers, TATA, Adani and Maharashtrian board, in Mumbai. Depending on the provider, energy consumption is charged differently. So you can check the latest tariff rates for each. And sorry, you won’t get any special subsidies even if you peddle inspiring stories about Ratan Tata on LinkedIn.
Let’s face it, your monthly food expense is the biggest cash burner after your rental apartment. So you have to be smart about managing your daily meals. If you choose to cook your meals, then opt for online grocery apps or make late-night visits to the vegetable market to get more discounts. But in case you wanna avoid cooking altogether, Mumbai dabbawalas will cover your back. And don’t worry. They’ve never missed delivering a tiffin. In short, they’re as efficient as your mum when it comes to arranging condiments using old bottles in the kitchen.
Things you should consider while living in a rental in Mumbai:
Well, these are the best areas to rent a house in Mumbai:
A quick Google search for ‘Mumbai rent room’ will show you a ton of listings. But to help you make your budgets wisely, we’ve listed the average rental rates in Mumbai:
Localities |
1 BHK |
2 BHK |
3 BHK |
Goregaon |
8k – 10k |
23k – 30k |
35k – 50k |
Thane |
10k – 12k |
18k – 25k |
35k – 65k |
Navi Mumbai |
5k – 12k |
15k – 25k |
20k – 30k |
Kurla |
12k – 20k |
18k – 30k |
28k – 40k |
Sion |
13k – 23k |
25k – 40k |
32k – 55k |
Saki Naka |
11k – 20k |
18k – 32k |
30k – 45k |
Mulund |
15k – 19k |
22k – 34k |
30k – 48k |
Chembur |
12k – 18k |
21k – 27k |
30k – 43k |
Dahisar |
10k – 15k |
15k – 23k |
18k – 30k |
South Mumbai |
30k – 40k |
40k – 60k |
60k – 1lac+ |
Andheri West |
30k – 45k |
40k – 50k |
40k – 70k |
Bandra West |
35k – 43k |
38k – 60k |
55k – 90k |
Jogeshwari (W) |
23k – 30k |
35k – 50k |
40k – 65k |
Worli |
38k – 60k |
55k – 90k |
65k – 1lac |
Juhu |
45k – 55k |
55k – 70k |
65k – 80k |
Dadar |
27k – 39k |
40k – 60k |
50k – 70k |
Parel |
40k – 70k |
60k – 95k |
90k – 1lac+ |
Vile Parle |
35k – 45k |
50k – 75k |
80k – 1lac |
Powai |
30k – 45k |
45k – 60k |
65k – 90k |
You must check these things whenever you come across a rental listing:
If you earn upwards of 75K per month, you could live comfortably in Mumbai. But if you manage your finances well, you could probably make it in less than that. So make sure you do your research and make your budgets before you finally move in.