62 - Flats for rent in Parel Mumbai|Apartments for Rent in Parel |Houses for Rent in Parel

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2 BHK Apartment In Rushabh Chs for Rent In Sewri
S K Hadkar marg,Off Zakaria Bunder cross Mumbai, Maharashtra 400015, India
715 Sq. Ft.Unfurnished
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₹ 80,000
No Extra Maintenance
ICICI Bank Parel CCD, Mumbai-Branch & ATMCotton Green Railway StationMahikari Dadar Centre, Matoshree HeightsP. D. Hinduja Hospital & Medical Research CentrePlaza Cinema
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Flats, Apartments and Houses for Rent in Parel, mumbai

Overview About Rental Properties in Parel for March 2026

Parel is located in mumbai

Parel is a well-established residential neighbourhood in mumbai

You can explore NoBroker verified owner-listed rental homes in Parel along with 1 RK 23+, 1 BHK 22+, 2 BHK 11+, 3 BHK 6+ units to spacious and luxury apartments.

Available furnishing types include Unfurnished 20+, Semi-furnished 22+, Fully-furnished 20+ homes.

Rental costs in 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 ₹1,000 | Deposit from ₹50,000 to ₹721,999

Independent Houses: Maintenance from ₹300 to ₹300 | Deposit from ₹30,000 to ₹1,000,000

Rent Prices in Parel - What to Expect

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 RK Flats for Rent in Parel

1 RK - 80 sq. ft. to 450 sq. ft.

Typically 1 RK rent in Parel ranges between ₹4,325 to ₹40,000 per month, depending on which part of Parel you are searching for the property like block, building type or furnishing type.

1 BHK Flats for Rent in Parel

1 BHK - 225 sq. ft. to 777 sq. ft.

Monthly rent generally in Parel falls between ₹25,000 to ₹66,350 per month, with higher values seen in premium blocks and fully furnished homes.

2 BHK Flats for Rent in Parel

2 BHK - 550 sq. ft. to 1,230 sq. ft.

Monthly rent generally in Parel falls between ₹30,000 to ₹156,999 per month, influenced by amenities, water source like corporation / Borewell, or if the apartment is part of societies.

3 BHK Flats for Rent in Parel

3 BHK - 910 sq. ft. to 2,275 sq. ft.

Monthly rent generally in Parel falls between ₹145,000 to ₹230,000 per month, especially in gated communities and prime blocks.

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

Rent range for Gated Societies in Parel

Rent range is: ₹50000 - ₹721999

Top Societies in Parel are :

Royal Palace

Siddhant Building, Parel Village

Mawawala building

Rent range for Independent House in Parel

Rent range is: ₹30000 - ₹1000000

Monthly Rental Market Trend in Parel

The above-mentioned ranges in 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 Parel

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

Nearby Localities to Parel

  • Jacob Circle
  • Prabhadevi
  • Dadar East
  • Chinchpokli
  • Wadala

Living in Parel - Local Insights for Tenants from NoBroker Database

Connectivity & Commute

Parel has strong bus coverage which includes bus stops like Kalachowki Police Station, Cotton Green Railway Station, N.M. Joshi Marg Police Station, and metro stations like Wadala Bridge, Acharya Atre Nagar Monorail Station, Byculla access. Parel has good road connectivity, though peak-hour traffic should be considered.

What Tenant looks before renting a property in Parel

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

Schools in Parel

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

Hospitals in Parel

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

Supermarkets in Parel

  • Reliance SMART
  • Sahakari Bhandar - Mazgaon
  • amarvagroup

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

Along with helping you find a verified rental home in Parel, NoBroker supports tenants through the entire relocation lifecycle with professionally managed, service-backed solutions. From Packers and Movers in 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 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 Parel.

Frequently Asked Questions

What are the types of bhk flats for rent in Parel, Mumbai?

In Mumbai you’ll find many apartment for rent that have a variation of –
1 RK – 1 room and kitchen for rent in Parel
1 BHK – 1 bedroom, hall and kitchen for rent in Parel
2 BHK – 2 bedrooms, hall and kitchen for rent Parel
3 BHK – 3 bedrooms, hall and kitchen for rent in Parel
4 BHk - 4 bedroom, hall and kitchen for rent in Parel
Villas - Independent Houses for rent in Parel

If you are living alone, then a 1RK and 1BHK make the most sense. If you need space for an office at home, then you can even go for a 2BHK.

For those with families, a 2BHK or more is better, depending on the number of people in your family.

Nowadays, most builders have a 2.5 BHK (2-and-a-half-bedroom apartment) and so on. These half rooms are not as big as a regular bedroom and you can use this as a study/home office/ storage room and so on.

What are the different types of furniture options in an flat for rent in Parel, Mumbai?

When you are talking about apartment furniture, there are three types –
Fully furnished
Semi-furnished
Unfurnished

In a fully furnished apartment for rent in Parel, Mumbai everything is available. From TV cabinets, to beds and kitchen cabinets to cupboards, the apartment will have everything you need.

A semi-furnished apartment for rent in Parel, Mumbai will have some essential furniture but not everything. You might find things such as built-in cupboards, light and fans available, but you will need to arrange for the other furniture you need like seating and tables etc.

In an unfurnished apartment for rent in Parel, Mumbai, you will need to arrange for all the furniture yourself. This is a good option for those people who have purchased furniture and don’t want to sell it. If you love to do your own decor, then this is the best option for you.

How can I find a flat for rent without brokerage in Parel, Mumbai?

The best way to look for property for rent without a broker in Parel, Mumbai is by searching on NoBroker. The NoBroker app and website has plenty of options that you can choose from. The best part is that there are no brokers on the website. You get to connect DIRECTLY with landlords.

Are there flat for rent in Parel, Mumbai for bachelors & families?

In Mumbai there are plenty of homes for bachelors & families. The easiest way to look for these homes is on NoBroker. When you get the search results page, just use the filters to choose houses that are reserved for bachelors & families. If it says either, it means that the landlord is comfortable having both bachelors as well as families in the property.

What is the the rent price of a flat in Parel, Mumbai?

Flat rent prices flat in Parel, Mumbai are affordable for all classes and depending on the builder, locality, and BHK configuration, you can easily find a home within your budget.

What is the price range of a rented house in Parel?

The average price range of a rented house in Parel, Mumbai is affordable for all classes and, you can easily find a home within your budget.

What is the price range of a rented villa in Parel?

The average price range of a rented villa in Parel, Mumbai is affordable for all classes and, you can easily find a home within your budget.

How do I know if the rent price of a house in Parel is quoted correctly?

Identify the fair market value of a house in Parel by estimating and comparing its price online. Next, try identifying the per square feet rate properties in Parel. Use this knowledge to evaluate whether your builder is charging you adequately.

How do I know if the rent price of a villa in Parel is quoted correctly?

Identify the fair market value of a villa in Parel by estimating and comparing its price online. Next, try identifying the per square feet rate properties in Parel. Use this knowledge to evaluate whether your builder is charging you adequately.
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