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

Overview About Rental Properties in Lower Parel for August 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 ₹1,000 to ₹13,000 | Deposit from ₹49,999 to ₹2,800,000

Independent Houses: Deposit from ₹50,000 to ₹500,000

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 August 2026 typically range as follows:

1 BHK Flats for Rent in Lower Parel

1 BHK - 225 sq. ft. to 650 sq. ft.

Monthly rent generally in Lower Parel falls between ₹9,550 to ₹65,000 per month, with higher values seen in premium blocks and fully furnished homes.

1 RK Flats for Rent in Lower Parel

1 RK - 180 sq. ft. to 400 sq. ft.

Typically 1 RK rent in Lower Parel ranges between ₹15,350 to ₹45,000 per month, depending on which part of Lower Parel you are searching for the property like block, building type or furnishing type.

2 BHK Flats for Rent in Lower Parel

2 BHK - 312 sq. ft. to 1,088 sq. ft.

Monthly rent generally in Lower Parel falls between ₹8,000 to ₹140,000 per month, influenced by amenities, water source like corporation / Borewell, or if the apartment is part of societies.

3 BHK Flats for Rent in Lower Parel

3 BHK - 980 sq. ft. to 1,950 sq. ft.

Monthly rent generally in Lower Parel falls between ₹225,000 to ₹500,000 per month, especially in gated communities and prime blocks.

4 BHK Flats for Rent in Lower Parel

4 BHK - 2,600 sq. ft. to 4,400 sq. ft.

Monthly rent generally in Lower Parel falls between ₹600,000 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: ₹49999 - ₹2800000

Rent range for Independent House in Lower Parel

Rent range is: ₹50000 - ₹500000

Monthly Rental Market Trend in Lower Parel

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

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

Connectivity & Commute

Lower Parel has strong bus coverage which includes bus stops like N.M. Joshi Marg Police Station, Mahalakshmi Railway Station, Ambika Mill B. Station / H.U. Rakhangi Chowk, and metro stations like Wadala Bridge, Byculla, Life Line 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

• Bharat Stores
• The Universal School, Tardeo
• Baile -de- Salón

Hospitals in Lower Parel

• Bhatia Hospital
• Jaslok Hospital and Research Centre
• Breach Candy Hospital Trust

Supermarkets in Lower Parel

• Reliance SMART
• Sahakari Bhandar - Mazgaon
• Garden Super Shop

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.