Formerly known as Bangalore, Bengaluru is the biggest IT hub in India. A truly metropolitan city, it is also a melting pot of many cultures, religions, and nationalities. It is also the 3rd most populous city in India after Mumbai and Delhi with over 9 million people calling the southern city their home! Known for grand temples, great nightlife, the buzzing crowd, and endless traffic jams, Bengaluru has one of the most highly educated workforces in the world.
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Today, the city is the crown jewel of South India and notoriously known for having a high cost of living. As it is with any IT hub in the world, once the big MNCs come to cities they attract big brands thus inflating the price of real estate. If you are looking for a list of the cheapest places to live in Bengaluru or affordable places, then this list is surely going to help you a lot!
Malleshwaram
One of the best well-planned localities on the list also happens to be amongst the cheapest areas in Bangalore for rent. Located in the western suburbs of the city, Malleshwaram is known for some of the best heritage cafes such as Central Tiffin Room and Veena Stores. It is also blessed with great connectivity with areas such as Rajajinagar, Sheshadripuram as well as Kempegowda Bus Terminus.
Rent for 1 BHK In Malleshwaram: Rs. 7200-8000
Social Amenities in the Proximity
Educational institutions: Malleswaram Ladies Association First Grade, Government First Grade College
Hospitals: Manipal Hospital, K. C. General Hospital
Malls: Mantri Square Mall
Parks: Malleswaram Public Park, Sankey Tank
Kengeri
Located in West Bengaluru, Kengeri is popularly known as the Satellite town of the city due to the development made by the government and the large presence of cyber cafes and Tele booths. The locality enjoys the privilege of being affordable as well as being well connected with Mysore Road and Outer Ring Road, making it the perfect low-rent area in Bangalore. The area has seen an influx of great restaurants and is a popular choice for people looking for affordable places to live in Bangalore and one of the few in West Bengaluru.
Rent for 1 BHK In Kengeri: Rs. 8700-10,000
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Social Amenities in the Proximity
Educational institutions: Kengeri Pre University College, Kengeri First Grade College
Hospitals: PM Santosha College, H.K. Hospital
Malls: Gopalan Arcade Mall, Gopalan Legacy Mall
Parks: Kengeri Satellite Town Park, K. S. Ashwath Memorial Children Park
Sarjapur
As we move towards the southern side of the city, Sarjapur is definitely one of the best affordable places to live in Bengaluru. Sarjapur has excellent connectivity with business hubs such as Whitefield and Electronic City. This is a great locality to live in if you are a young professional or a family who likes to hang out at multiplexes, malls, supermarkets, and fancy restaurants! With some of the best malls and offices around the area, one can say that this is a good option for the cheapest place to live in Bangalore for IT professionals.
Rent for 1 BHK in Sarjapur: Rs. 9500-11,000
Social Amenities in the Proximity
Educational institutions: ALT Training College, St. Jerome’s PU & Degree College.
Hospitals: Columbia Asia hospital, Swarnamukhi Hospital
Malls: Total Mall, Market Square
Parks: Iblur Park, KPCL Layout Children’s Park
Hoskote
Located in what is famously called Neo Bengaluru, Hoskote is one of the slightly newer localities that is emerging as a good option for good and cheap place for rented flats near Hoskote in Bengaluru. Even though the area is at the intersection of national highways 4 and 207, Hoskote offers superb connectivity with the IT hub and Whitefield station. 2020 is a great time to rent or buy a flat in this locality as the development projects nearby will only inflate the market in the upcoming years.
Rent for 1 BHK In Hoskote: Rs. 8500-10000
Social Amenities in the Proximity
Educational institutions: Mahadev PU College, Government First Grade College, Hoskote.
Hospitals: Ovum Woman & Child Speciality Hospital
Malls: Narada Enterprises, Farico Silk Kendra
Parks: Hosakote Park
BTM Layout
Bommanahalli, Tavarekere, and Madiwala Layout aka BTM Layout is one of the most popular localities in South Bengaluru, partly due to the modern infrastructure, good connectivity and partly due to the close proximity to ITPL and Electronic city. BTM Layout also has great connectivity with it being less than 15 km away from Bengaluru City Railway Station. BTM layout has a lot of coaching centers and thus is a good option if you’re looking for cheap Rental Localities in Bengaluru For Students & Bachelors.
Rent for 1 BHK in BTM Layout: Rs. 12,000-13,000
Social Amenities in the Proximity
Educational institutions: Alliance University, M.E.S College
Hospitals: Life Cycle Hospital, Gangothri Hospital
Malls: Vega City Mall, Gopalan Mall
Parks: Mico Layout Park, BTM Park
Hebbal
Known mostly for the Hebbal Lake, this locality has become one of the top upcoming residential areas with the cheapest rent in Bangalore. The locality is filled with many residential projects that offer you a good option for any price that is under your budget. Well connected to the other commercial and educational hubs, Hebbal is definitely a locality to look at if you are looking for Affordable Homes on Rent in Bengaluru.
Rent for 1 BHK In Hebbal Lake: Rs. 8500-9500
Social Amenities in the Proximity
Educational institutions: IIBS College, Dairy Science College, Hebbal.
Hospitals: Bangalore Baptist Hospital, Columbia Asia Hospital
Malls: Esteem Mall, City Center Mall
Parks: Hebbal Lake Park, Anand Nagar Park
Chandapura
Finding itself in the proximity of National Highway 7 (NH7) Chandapura has emerged as a great option to find one of the cheapest places to live in Bengaluru, especially if you are looking to be closer to Electronic City and the IT Hub of the city. With Namma Metro scheduled to start in the area in 2021, now is the best time to find an affordable flat in Chandapura as families and young professionals could easily get a discount on what looks like a good upcoming locality.
Rent for 1 BHK In Chandapura: Rs. 8200-9200
Social Amenities in the Proximity
Educational institutions: Lorven College of Science & Management, Tapasya Pu College
Hospitals: Athreya Hospital
Malls: SRT Mall
Parks: KHB Surya Nagar Park, Nallappa Nursery
Whitefield
Named after D. S White, this locality was once famous for Brindavan the epic Sathya Sai Baba Ashram. Today, however, it is a buzzing area with residential and commercial hubs with loads of international brands and malls spread across Whitefield. Having experienced the IT boom and thus the slight real estate boom. Looking at the rental price of a 1 bedroom flat you may still find that the price is on the cheaper side due to the importance of working close to many offices. Overall, Whitefield is surely one of the cheapest areas for rent in Bangalore For IT Professionals.
Rent for 1 BHK In Whitefield: Rs. 12,000-14, 500
Social Amenities in the Proximity
Educational institutions: Deeksha school, MVJ Pu College
Hospitals: Sri Sathya Sai Institute of Higher Medical Sciences, Manipal Hospital
Malls: Forum Neighborhood, Park Square Mall, Phoenix Mall.
Parks: Nallurhalli Park, Inner circle municipal park
Jayanagar
Jayanagar is the most affordable locality for people who are looking for amazing food joints, supermarkets, and breweries in a middle-class area in Bangalore. A few years ago, DNA Bangalore even named Jayanagar as the ‘Most Livable’ area in the city! Jayanagar is still a very affordable locality in Bengaluru to live in if you know where to find the right properties. Within the proximity of different commercial hubs is an added advantage of living in an affordable flat in Jayanagar.
Rent for 1 BHK In Jayanagar: Rs. 10,700-12,000
Social Amenities in the Proximity
Educational institutions: IBMR IBS College, Noble Group of Institutions
Hospitals: Manipal Hospital, Sagar Hospitals
Malls: Bangalore Central, The High Street Park
Parks: Jayanagar Park, Madhavan Park, Ranadheera Kanteerava Park
Indiranagar
One of the posh areas in Bengaluru, Indiranagar is famous for having the best of everything from shopping malls and movie halls to breweries and IT companies! If you’re wondering why, it is on the list of cheapest and Affordable Rental Localities in Bengaluru then don’t be! If you want the best infrastructure and proximity to the best hangout places then finding a relatively cheaper flat on rent in Indiranagar is not that difficult! Indiranagar is the best cheap area to stay in Bangalore
Rent for 1 BHK In Indiranagar: Rs. 13,500-15000
Social Amenities in the Proximity
Educational institutions: Dr. Babasaheb Ambedkar College, Indiranagar Evening College
Hospitals: Life Cycle Indiranagar Hospital, Chinmaya Hospital, Rashmi Hospital
Malls: Kheny Plaza, Kaypee Square
Parks: Wood Park, Indiranagar Park
Well, there you have it! We certainly hope that your search for cheap residential areas in Bangalore has ended here! Always remember to check with multiple sources about the current situation before going out and scouting for rental houses and flats in Bangalore. Hope you find a place that suits best to your requirement and have a great stay in Namma Bengaluru. You can search for the cheapest places to live in Bangalore For 2023 on NoBroker and save thousands on brokerage.
FAQ’s
What is the average cost of renting in Bengaluru?
You can find apartments anywhere from INR 8,000 to 40,000 per month in Bengaluru, depending on the number of BHKs you choose.
What is the average cost of transport in Bengaluru?
The average commute in Bengaluru would come to around Rs.1,500-7,000 per month depending on the type of distance and the type of transport you choose.
What is the average cost of food in Bengaluru?
The average cost of food in Bengaluru would come to around Rs. 3,000 – 15,000 per month, depending on the number of family members, as well as whether you choose to hire a cook or do it yourself.
What are the average utility expenses in Bengaluru?
The average expense on utilities in Bengaluru can be anywhere between Rs 1,200 to 3,500 per month.
Which are the most affordable places to stay in Bengaluru?
You can choose anyone from Doddanekundi, Kuundalahalli, Banaswadi, to Hennur, Nagwara, Yelahanka, Ejipura, Hebbal, R.T. Nagar, Tavarakere, and more, for affordable housing with all the ideal living amenities nearby.
