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The Cheapest Places to Live in Faridabad in 2024

One of the most crucial industrial areas of the north Indian region, Faridabad’s strategic location has resulted in the tremendous commercial growth of all the parts of the city. The city shares its border with Delhi (North), Gurgaon (West), Uttar Pradesh (East) and Palwal district in the South! It should come as no surprise that Faridabad is also known as a very ‘rich’ city due to the large presence of high-income individuals. It is estimated that over 40% of the income tax collected in the state of Haryana comes from businessmen and working professionals who stay in Faridabad. The city has been on the list to watch out for in 2022! This article has covered a comprehensive list of the cheapest places to live in Faridabad in 2023.

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Famous for mass-producing goods such as shoes, tires, and vehicles, Faridabad is one of the most sought-after cities when it comes to housing. Despite the rapid development, one can easily find affordable localities in Faridabad to live in. The city is a hot pot of different people coming in from various parts of the country. The average price of a 1 BHK on rent ranges from Rs. 7000 to 12,000 and in this blog, we have listed the best locations in Faridabad to live in 2022-2023! Be sure to read the entire list so that you don’t miss out on a locality that suits your requirement perfectly. (Keep in mind that the rent depends from area to area, the rent also highly depends on the real estate market prices).

List of Residential Areas in Faridabad

Faridabad is a prosperous city, with its income tax collection contributing to nearly 60% income of the state of Haryana. At the same time, the modern facilities available in Faridabad are quite affordable in addition to public infrastructure including healthcare, communication, commute, work hubs and more. In terms of manufacturing and agriculture, Faridabad is quite resplendent in its natural beauty and production of manufacturing chemicals, consumer goods, and more. So, if you are planning to move to find the best place to live in Faridabad, be sure to check out this list of residential areas in Faridabad.

  • Sector 11 Faridabad
  • Dayal Basti
  • Surajkund
  • Sector 19 Faridabad
  • Sector 78 Faridabad
  • Neharpur
  • Green Valley
  • New Industrial Town (NIT)

1. Sector 11 Faridabad

If you are looking for a cheap rental locality in Faridabad for students & bachelors for 2022, then Sector – 19 is the right area for you! Considered to be the best sector in Faridabad, Sector 11 is at the top of our list, boasting of having a ‘young and friendly vibe to it due to the large presence of malls and restaurants, which attracts a host of young professionals and college going students as well. Very well connected with other parts via bus and nearby metro rail, if you live in Sector – 11 then you can reach any place in Faridabad within 30 minutes! All in all, these factors make the locality worthy of being one of the cheapest places to live in Faridabad!

Rent for 1 BHK In Sector 11: Rs. 7100 – 8700

Social Amenities in the Proximity

Educational institutions: St. John’s School, Karamvir Public School, Delhi Public School.

Hospitals: IBS Ashwini Hospital, Ashirwad Hospital, Park Hospital

Malls: SRS Shopping Mall, Ozone Centre Mall

Parks: Chotu Ram Park, Takshila Park, Shakuntalam Park
Read: An Insight About the World of the Gated Communities in Bangalore


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The Cheapest Places To Live In Faridabad For 2021- Sector 11
Source: gngindia.com

2. Dayal Basti

Close to the Old Faridabad and New Industrial Town commercial hubs, Dayal Basti is a slightly newer area that has gained prominence as a good and cheap place for rented flats in Faridabad for 2022. Previously only popular for being a locality that is close to the Tughlakabad Fort Complex and National Museum, this area has seen good development in terms of infrastructure and public transport, resulting in an influx of migrants. With a few good schools within close proximity, a locality is also a suitable option for young families looking for affordable homes on rent in Faridabad with a focus on good schools, safety, and peaceful law and order. 

Rent for 1 BHK In Dayal Basti: Rs. 7000 – 8600

Social Amenities in the Proximity

Educational institutions: Aravali International School, Raj Public School Dayal Nagar Fbd, Modern Vidya Niketan school, etc.

Hospitals: Tughlakabad Fort, Hauz Khas Fort

Malls: Crown Interiorz Mall, Crowne Plaza, Select CityWalk

Parks: Dr. B.R Ambedkar Park, DB Garden & Par

The Cheapest Places To Live In Faridabad For 2021- Dayal Basti
Source: thehousingworld

3. Surajkund

Located close to South Delhi, Surajkund has great connectivity with all the major IT hubs of the capital city and thus it has become a worthy name in the list of 2022 cheap rental localities in Faridabad for IT Professionals. Known for being a tourist place due to the huge number of people flocking to see the famous Sun Temple and Asola Bhatti Wildlife Sanctuary, the locality offers excellent amenities and affordable housing. Despite being slightly above average when you consider the rent for 1 BHK, we feel Surajkund is still surely an option of good and cheap place for rented flats in Faridabad. Bonus information – If you stay here, you can enjoy the famous Surajkund Crafts Mela which is held every year, and enjoy the different types of handlooms, handicrafts, and folk art that will be on display!

Rent for 1 BHK In Surajkund: Rs. 7000 and upwards

Social Amenities in the Proximity

Educational institutions: South End Public School, Surajkund International School, St Columbus School.

Hospitals: Supreme Hospital, Arogyadham Hospital, Vardaan Child Clinic Dental Care,

Malls: City Mart, Nikhil Complex

Parks: Jungle Park, Town Park, Leisure Valley Park, etc.

The Cheapest Places To Live In Faridabad For 2021-Surajkund
Source: travetriangle

4. Sector 19 Faridabad

The fourth locality on our list also happens to be one of the most peaceful areas in Faridabad! And also one of Faridabad’s best sectors. Sector – 19 is one of the many affordable houses in Faridabad which is well-connected with the Metro rail and gaining popularity amongst young people who are looking to live in a rental flat. If you are looking for a flat to move in with your family then it is worth noting that Sector 19 also has some really good schools and parks in its vicinity! All these reasons should be enough for you to scout for a good and cheap place for rented flats near Sector 19 in Faridabad.
Read: List of Best Schools in Saket, New Delhi 2024

Rent for 1 BHK In Sector 19: Rs. 7000 – 10,000

Social Amenities in the Proximity

Educational institutions: AVN Senior Secondary School, DPS Sector 19, New Shree Ram Sr. Sec. School, National Public High School.

Hospitals: Sarvodaya Hospital, Capital Child Hospital, Prem Medical Centre

Malls: Vishal Mega Mart

Parks: Talab Park, Rajiv Gandhi Park, Leisure Valley Park, Everwell Park

The Cheapest Places To Live In Faridabad For 2021-Sector 19
Source: YouTube

5. Sector 78 Faridabad

If there is one locality in Faridabad which has gained from Haryana Development Authority (HDA) in 2021-2022, it is Sector 78. With a direct route to the Indira Gandhi International Airport, one can easily find some of the cheapest places to live in Faridabad in this locality due to the New Plot Scheme of the government. Connected well with the other parts of the city as well as Delhi, the nearest metro station to Sector – 78 is Bata Chowk which is located just 4 km away. Overall, the locality offers good amenities for the price and should definitely be looked at by people looking for cheap rental options in Faridabad.
Read: Chennai Metro Green Line 2024: Route, Interchange Stations and Fares

Rent for 2 BHK In Sector 78: Rs. 9500 – 16000 (and upwards)

Social Amenities in the Proximity

Educational institutions: Shemrock Little Orchids.  New Vidya Niketan Senior Secondary School

Hospitals: Dr. Lal Pathology, Arsh Hospital

Malls: Omaxe New Mall

Parks: PE Block Park, Park 84 BPTP, Block S Park

The Cheapest Places To Live In Faridabad For 2021- Sector - 78
Source: omaxe

6. Neharpar

If you want to stay near the Wester Peripheral or Kundli-Manesar-Palwal Expressway and are looking for an affordable home on rent in Faridabad then Neharpar could be the best choice for you! Noted as one of the most developed parts of the city, Neharpar has seen good infrastructural changes and will continue to attract a lot of migrants looking for an affordable and cheap rental place in Faridabad. The area also offers a lot of bonus amenities such as good schools and great parks making it an excellent choice for young families as well as aged senior citizens. An added bonus is that the area has a lot of local shopping vendors, which makes everything easily accessible to you.

Rent for 1 BHK In Neharpar: Rs. 8000 – 16000 (spacious homes)

Social Amenities in the Proximity

Educational institutions: VID Public School, Modern Delhi Public School, Adarsh Vidya Public School.
Read: Blue Line Metro Hyderabad: Key Destinations and Route

Hospitals: Janak Hospital, Maharaja Agrasen Hospital, Arora Hospital, Raghav Hospital

Malls: Sneha Gen. Store

Parks: Green Park, Neharpar Garden

The Cheapest Places To Live In Faridabad For 2021- Neharpar
Source: investorsclinic

7. Green Valley

Well-connected with South Delhi, Green Valley is an up-and-coming neighbourhood and one of the most sought-after affordable rental localities in Faridabad. Many young professionals and students going to the Delhi University’s south campus have flocked to Green Valley in Faridabad as it offers a much cheaper option for housing and is well connected via road and Metro with all the major areas. Bing within a walking distance of Mathura Road, M. G. Road and many shopping centres such as Big Bazaar is certainly a plus point for people looking for a good and cheap place for rented flats near Green Valley in Faridabad! Plus, it is also one of the areas in Faridabad 2022 that is ecologically smart.

Rent for 1 BHK In Green Valley: Rs. 7300 – 8100

Social Amenities in the Proximity

Educational institutions: Little Millennium, Kundan Green Valley School, Prem Public High School

Hospitals: Arogyadham Hospital, Royal Multispeciality Hospital

Malls: Eros EF3 Mall, Puri High Street Mall, Ozone Centre Mall.

Parks: City Park, Haathi Park

Green Valley
Source: Justdial

8. New Industrial Town (NIT)

New Industrial Town or NIT as it is popularly known today is another good option on this list of affordable localities in Faridabad to live in, especially if you want to stay near the different commercial and industrial hubs. Being closer to Gurgaon city has resulted in many people choosing NIT as their preferred choice to find cheap housing options. Another added advantage of staying in this locality is that you will never have to worry about electricity cuts or water shortages! All these factors make New Industrial Town one of the best cheap rental options in Faridabad. 

Rent for 2 BHK In New Industrial Town or NIT: Rs. 10000 – 16000

Social Amenities in the Proximity

Educational institutions: DAV Public School, Kendriya Vidyalaya Number 1, Vidya Niketan School

Hospitals: Shivmani Hospital, Medicheck Hospital, Fortis Escorts Hospital, R.K.Hospital

Malls:  Fun City Mall, Hollywood Style, Metro Mall Faridabad

Parks: Pyali Chowk Park, NIT-5 Park, H Block Park

The Cheapest Places To Live In Faridabad For 2021- New Industrial Town (NIT)
Source: theweddingbrigade

The Lowdown on Life in Faridabad – A Quick Guide to this Thriving City

Faridabad, located in the Indian state of Haryana, is a bustling city that is a hub of economic and social activity. Over the years, it has evolved into a modern metropolis, offering residents of posh areas in faridabad a high standard of living and a wide range of amenities. Whether you’re a young professional, a growing family, or a retiree, Faridabad has something to offer everyone. In this blog, we’ll take a closer look at this dynamic city, its real estate market, and why it’s an ideal place to call home.

Faridabad has a rapidly growing economy, with several industries, including manufacturing, IT, and real estate, contributing to its growth. According to recent reports, Faridabad’s economy is expected to grow by 10% in the coming years, making it one of the fastest-growing cities in India. 

Faridabad is known for its vibrant culture and rich heritage, with several festivals and events celebrated throughout the year. Faridabad is also home to several top-quality schools and colleges, offering education in a variety of fields. The city is also home to several universities, providing students with access to quality education and research opportunities. 

Faridabad offers its residents affordable housing options, with apartments and homes available in a range of styles and sizes. The city has a strong infrastructure, with well-maintained roads, public transportation, and a reliable power supply. Faridabad’s location is well-connected to other parts of the country, making it easy for residents to travel to and from Faridabad.

And this ends our blog listing the cheapest places to live in Faridabad in 2023. We hope that the list was educational and it has made all of the readers looking for housing options in the city aware of which localities offer the best amenities for the price. House hunting can be a tiresome task sometimes but when you already know the list of areas that you want to look at, it can become a fun activity too! We hope that all of our readers have a good time looking for affordable homes for rent in Faridabad! You can look for apartments to rent or buy a flat on NoBroker and save thousands on brokerage, start your search today by clicking below.

FAQs

Q1 Is the area Neharpur of Faridabad, well-connected?

Ans. Yes, the area is very well-connected. It is a perfect area for families to live, with affordable 2BHKs and nearby markets, the place offers a lot of conveniences.

Q2 Why has Green Valley, Faridabad gained so much popularity in recent years?

Ans. It is a known fact that Faridabad is way cheaper than the South of Delhi. Green Valley is well-connected to South Delhi. College students can easily find affordable flats in Faridabad

Q3 Does Surajkand have good schools nearby?

Ans. Surjakand has been rated as one of the sought-after areas of Faridabad in the year 2022. St. Columbus (Alumni – Sharukh Khan) is near the area and is a popular school in all of Delhi.

Q4 Is Faridabad a part of the Delhi NCR?

Ans. Yes, Faridabad is a part of the Delhi NCR. The cities NCR includes are Delhi, Gurugram, Ghaziabad, Faridabad and Noida.

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Vivek Mishra

With over 23 years of experience in Real Estate, and an architecture degree, Vivek is here to help others buy/sell or rent the right way. Through his writing you will find out what people look for, and what you can do to get the best out of your home, and also how to get the best for your home.

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