Flats, Apartments and Houses for Rent in Lower Parel, mumbai

Overview About Rental Properties in Lower Parel for March 2026

Lower Parel is located in mumbai

Lower Parel is a well-established residential neighbourhood in mumbai

Rental costs in Lower Parel also include maintenance charges and refundable security deposits that vary by property types such as society apartments, independent houses, and standalone buildings.

Society Apartments: Maintenance from ₹15,000 to ₹15,000 | Deposit from ₹47,000 to ₹1,839,999

Rent Prices in Lower Parel - What to Expect

Lower Parel is an active residential rental market within mumbai, offering homes across multiple configurations, furnishing types, and budget ranges. Based on recent NoBroker-verified listings and active inventory, rental prices in March 2026 typically range as follows:

1 BHK Flats for Rent in Lower Parel

1 BHK - 250 sq. ft. to 731 sq. ft.

Monthly rent generally in Lower Parel falls between ₹16,750 to ₹81,000 per month, with higher values seen in premium blocks and fully furnished homes.

2 BHK Flats for Rent in Lower Parel

2 BHK - 522 sq. ft. to 1,025 sq. ft.

Monthly rent generally in Lower Parel falls between ₹11,560 to ₹214,250 per month, influenced by amenities, water source like corporation / Borewell, or if the apartment is part of societies.

1 RK Flats for Rent in Lower Parel

1 RK - 90 sq. ft. to 340 sq. ft.

Typically 1 RK rent in Lower Parel ranges between ₹12,000 to ₹35,000 per month, depending on which part of Lower Parel you are searching for the property like block, building type or furnishing type.

3 BHK Flats for Rent in Lower Parel

3 BHK - 1,050 sq. ft. to 2,300 sq. ft.

Monthly rent generally in Lower Parel falls between ₹270,000 to ₹400,000 per month, especially in gated communities and prime blocks.

4 BHK Flats for Rent in Lower Parel

4 BHK - 1,200 sq. ft. to 2,750 sq. ft.

Monthly rent generally in Lower Parel falls between ₹300,000 to ₹650,000 per month, with prices increasing based on layout, furnishing, and exclusivity.

What is the rent range for Gated Societies, Standalone Buildings, Independent Houses in Lower Parel

Rent range for Gated Societies in Lower Parel

Rent range is: ₹47000 - ₹1839999

BDD Chawl

Lodha Park, Dombivli East

mahajan wadi

Monthly Rental Market Trend in Lower Parel

The above-mentioned ranges in Lower Parel reflect current market conditions as per NoBroker data & reports - March 2026 and vary by block, furnishing status, society, standalone building, independent house type, building age, water source, and amenity profile.

Which are nearby localities to Lower Parel

When comparing Lower Parel with adjacent rental hubs, tenants should factor in commute feasibility, lifestyle preferences, and amenity etc.

Nearby Localities to Lower Parel

• Arya Nagar
• Jacob Circle
• Agripada
• Mahalakshmi
• Lower Parel

Living in Lower Parel - Local Insights for Tenants from NoBroker Database

Connectivity & Commute

Lower Parel has strong bus coverage which includes bus stops like NR Colony Bus Stop, Basavanagudi Police Station Bus Stop, Krishna Rao Park Bus Stop, and metro stations like Bengaluru City Junction Railway Station, Nayandahalli, Bangalore Cantonment access. Lower Parel has good road connectivity, though peak-hour traffic should be considered.

What Tenant looks before renting a property in Lower Parel

While renting a property in Lower Parel families usually check how is the access to schools, hospitals and supermarkets etc. where Lower Parel have following things available -

Schools in Lower Parel

• The Brigade School
• Ekya School
• VIBGYOR High

Hospitals in Lower Parel

• HCG
• Prompt Services
• Victoria Hospital

Supermarkets in Lower Parel

• Landmark and Bhuvaneshwari Traders
• Shubhashree Pride Dazys Super Market
• Land Mark

End-to-End Rental & Relocation Services in Lower Parel by NoBroker

Along with helping you find a verified rental home in Lower Parel, NoBroker supports tenants through the entire relocation lifecycle with professionally managed, service-backed solutions. From Packers and Movers in Lower Parel for safe, on-time shifting, to digitally generated rent agreements that comply with local norms, and essential home services such as deep house cleaning, painting, plumbing, electrical work, and carpentry, all services are designed to address the practical, on-ground requirements of tenants relocating within or into Lower Parel. These services are commonly required during move-in and setup and help reduce coordination effort for tenants, ensure transparent pricing, and deliver a smoother, more reliable rental experience in a high-demand locality like Lower Parel.