Flats, Apartments and Houses for Rent in Parel, mumbai

Overview About Rental Properties in Parel for June 2026

Parel is located in mumbai

Parel is a well-established residential neighbourhood in mumbai

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 ₹500 to ₹5,000 | Deposit from ₹50,000 to ₹705,000

Independent Houses: Deposit from ₹25,000 to ₹200,000

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 June 2026 typically range as follows:

1 BHK Flats for Rent in Parel

1 BHK - 250 sq. ft. to 700 sq. ft.

Monthly rent generally in Parel falls between ₹30,000 to ₹66,300 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 1,400 sq. ft.

Monthly rent generally in Parel falls between ₹46,250 to ₹157,500 per month, influenced by amenities, water source like corporation / Borewell, or if the apartment is part of societies.

1 RK Flats for Rent in Parel

1 RK - 160 sq. ft. to 400 sq. ft.

Typically 1 RK rent in Parel ranges between ₹11,400 to ₹50,000 per month, depending on which part of Parel you are searching for the property like block, building type or furnishing type.

3 BHK Flats for Rent in Parel

3 BHK - 1,350 sq. ft. to 1,800 sq. ft.

Monthly rent generally in Parel falls between ₹150,000 to ₹220,000 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 - ₹705000

Rent range for Independent House in Parel

Rent range is: ₹25000 - ₹200000

Monthly Rental Market Trend in Parel

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

Living in Parel - Local Insights for Tenants from NoBroker Database

Connectivity & Commute

Parel has strong bus coverage which includes bus stops like Parel S.T. Depot / Sant Rohidas Chowk, Elphinstone Station (W), Parel ST Depot, and metro stations like Ghatkopar, Asalpha, Jagruti Nagar 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

• Villa Theresa High School
• DSB International School / Deutsche Schule Bombay
• Diamond Jubilee High School

Hospitals in Parel

• Jhaveri Hospital
• Dr. Niphadkar's Asthma Allergy Clinic
• Lilavati Hospital & Research Centre

Supermarkets in Parel

• Apna Super Market
• Shivam Super Market
• Aasu Jevraj

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.