Apartments for Rent ₹1 – ₹3 Lakh in Parel
Homes for rent in 22 buildings · ₹150,000 – ₹210,000/monthLooking for apartments for rent ₹1 – ₹3 lakh in parel? Browse homes in 22 buildings on Rentu.in with rents ranging from ₹150,000 – ₹210,000/month. While we strive to keep listings updated, real estate changes fast. Once we receive your query, we verify availability and get back to you. Prices, availability and terms are subject to change. Filter by BHK type, furnishing, budget range, and carpet area to find your perfect home.
Parel Property Market — Quick Facts
Parel rent by size
| Size | Buildings | Typical rent / month | Median | ₹ / sq ft carpet |
|---|---|---|---|---|
| 1 BHK | 1 | ₹63,750 – ₹100,000 | ₹82,500 | ₹219 |
| 2 BHK | 18 | ₹135,000 – ₹175,000 | ₹150,000 | ₹179 |
| 3 BHK | 11 | ₹180,000 – ₹250,000 | ₹200,000 | ₹156 |
| 4+ BHK | 2 | ₹462,500 – ₹700,000 | ₹500,000 | ₹178 |
Asking rents from live listings on Rentu. Typical = middle half of the market. Final rents are often a little lower.
| Buildings with homes for rent | 22 |
| Sale Rate (Residential) | ₹50,000 – ₹100,000/sqft |
| Office Lease Rate | ₹130 – ₹290/sqft/mo |
Expected Rents by BHK
| 1 BHK | ₹55,000 – ₹100,000 |
| 2 BHK | ₹100,000 – ₹220,000 |
| 3 BHK | ₹220,000 – ₹440,000 |
| 4 BHK | ₹440,000 – ₹880,000 |
Source: Rentu.in Rate Chart (Updated May 2026)
Jerbai Wadia Rd, Bhoiwada, Parel, Opposite Crescent Bay, Parel
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