Flats on Rent in Parel

217 verified properties · updated daily since 1993

Newest Price ↑ Price ↓

All BHK 1 BHK 2 BHK 3 BHK 4 BHK 5+ BHK

📍 Popular areas in Parel

G.D. Ambedkar Marg 39 Jerbai Wadia Road 38 Dr. Babasaheb Ambedkar 35 Jeribai Wadia Road 23

For Rent

₹ 2.25 Lac/mo

3 BHK Evita Empress

📍 G D Ambedkar Road, Parel

🛏️ 3 BHK 📐 1650 sqft 🛋️ Semi-Furnished

Experience Parel from Evita Empress: a 3 BHK home surrounded by the corporate towers of central Mumbai. Offered semi-furnished, it measures 1,650 sq.ft, with Open Reserved parking included. On offer for ₹2.25 Lac per month with a deposit of ₹9 Lac. Enquire to schedule a visit.

🕒 Updated 11 Jun 2026

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For Rent

₹ 1.45 Lac/mo

3 BHK Glen Eagle

📍 Shriram Tekhdi Road, Parel

🛏️ 3 BHK 📐 1250 sqft 🛋️ Semi-Furnished

Discover space and light in this 3 BHK home at Glen Eagle, Parel — close to Phoenix and Kamala Mills nearby. Expect a semi-furnished interior across 1,250 sq.ft, with 1 parking included. Yours to rent at ₹1.45 Lac with a deposit of ₹4.35 Lac. Book a viewing at your convenience.

🕒 Updated 11 Jun 2026

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For Rent

₹ 1.4 Lac/mo

2 BHK Lodha Primo

📍 Close to ITC Grand Central, Dr Earnest Borges Rd, Parel

🛏️ 2 BHK 📐 740 sqft 🛋️ Semi Furnished

Experience Parel from Lodha Primo: a 2 BHK home surrounded by the corporate towers of central Mumbai. It comes semi furnished, ready to move in, with Open parking included. Move-in ready at ₹1.40 Lac with a deposit of ₹4.20 Lac; reach out for an inspection.

🕒 Updated 11 Jun 2026

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For Rent

₹ 2.2 Lac/mo

2.5 BHK L&T Crescent Bay

📍 Jerbai Wadia Road, Parel

🛏️ 2.5 BHK 📐 1100 sqft 🛋️ Fully Furnished

L&T Crescent Bay presents a thoughtfully laid-out 5 BHK home in Parel, near excellent rail connectivity. It comes fully furnished, with 1,100 sq.ft. of carpet space, with 1 parking included. Yours to rent at ₹2.20 Lac with a deposit of ₹6.60 Lac. Book a viewing at your convenience.

🕒 Updated 11 Jun 2026

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For Rent

₹ 4.25 Lac/mo

4 BHK Island City Centre 2

📍 GD Ambekar Marg, Parel

🛏️ 4 BHK 📐 2100 sqft 🛋️ Semi-Furnished

Positioned in sought-after Parel, Island City Centre 2 offers a 4 BHK home near the Worli-Lower Parel axis. The semi-furnished layout spans 2,100 sq.ft, and Open Reserved parking on offer. On offer for ₹4.25 Lac per month with a deposit of ₹17 Lac. Enquire to schedule a visit.

🕒 Updated 11 Jun 2026

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For Rent

₹ 2.25 Lac/mo

3 BHK Runwal Nirvana

📍 6, GD Ambekar Marg, Parel Village, Bhoiwada, Parel

🛏️ 3 BHK 📐 1325 sqft 🛋️ Semi-Furnished

Tucked into Parel, this 3 BHK home at Runwal Nirvana pairs comfort with the corporate towers of central Mumbai. Offered semi-furnished, it measures 1,325 sq.ft, complete with Open Reserved parking. Leasing at ₹2.25 Lac with a deposit of ₹10 Lac — a smart pick for Parel living.

🕒 Updated 11 Jun 2026

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For Rent

₹ 3.15 Lac/mo

3 BHK Island City Centre 1

📍 G.D Ambedkar Marg, Next to Wadala Telephone Exchange. Bombay Dying Mill., Parel

🛏️ 3 BHK 📐 1850 sqft 🛋️ Semi-Furnished

Discover space and light in this 3 BHK home at Island City Centre 1, Parel — close to Phoenix and Kamala Mills nearby. Expect a semi-furnished interior across 1,850 sq.ft, with Open Reserved parking included. Yours to rent at ₹3.15 Lac with a deposit of ₹12.60 Lac. Book a viewing at your convenience.

🕒 Updated 11 Jun 2026

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For Rent

₹ 1.55 Lac/mo

3 BHK Lodha Aria

📍 Near Dosti Flamingos and Ashok Garden, Parel

🛏️ 3 BHK 📐 1525 sqft 🛋️ Semi Furnished

This 3 BHK home at Lodha Aria brings Parel living within reach of excellent rail connectivity. It comes semi-furnished, with 1,525 sq.ft. of carpet space. Move-in ready at ₹1.55 Lac with a deposit of ₹6 Lac; reach out for an inspection.

🕒 Updated 11 Jun 2026

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For Rent

₹ 1.5 Lac/mo

2 BHK Lodha Primo

📍 Close to ITC Grand Central, Dr Earnest Borges Rd, Parel

🛏️ 2 BHK 📐 740 sqft 🛋️ Semi-Furnished

Live well in Parel — this 2 BHK home at Lodha Primo sits close to Phoenix and Kamala Mills nearby. Presented in semi-furnished condition, and Open Reserved parking on offer. On offer for ₹1.50 Lac per month with a deposit of ₹6 Lac. Enquire to schedule a visit.

🕒 Updated 11 Jun 2026

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For Rent

₹ 1.35 Lac/mo

2 BHK Lodha Venezia

📍 G.D. Ambedkar Marg,, Parel

🛏️ 2 BHK 📐 834 sqft 🛋️ Semi-Furnished

Live well in Parel — this 2 BHK home at Lodha Venezia sits close to Phoenix and Kamala Mills nearby. Expect a semi-furnished interior across 834 sq.ft, and Open Reserved parking on offer. On offer for ₹1.35 Lac per month with a deposit of ₹5.40 Lac. Enquire to schedule a visit.

🕒 Updated 11 Jun 2026

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For Rent

₹ 1.4 Lac/mo

2 BHK Lodha Venezia

📍 G.D. Ambedkar Marg,, Parel

🛏️ 2 BHK 📐 850 sqft 🛋️ Semi-Furnished

Tucked into Parel, this 2 BHK home at Lodha Venezia pairs comfort with the corporate towers of central Mumbai. Offered semi-furnished, it measures 850 sq.ft, complete with Open Reserved parking. Available now on rent at ₹1.40 Lac with a deposit of ₹5.60 Lac — arrange a viewing today.

🕒 Updated 11 Jun 2026

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For Rent

₹ 1.75 Lac/mo

3 BHK Lodha Primo

📍 Close to ITC Grand Central, Dr Earnest Borges Rd, Parel

🛏️ 3 BHK 📐 1050 sqft 🛋️ Semi-Furnished

Live well in Parel — this 3 BHK home at Lodha Primo sits close to Phoenix and Kamala Mills nearby. Expect a semi-furnished interior across 1,050 sq.ft, and 1 parking on offer. Available now on rent at ₹1.75 Lac with a deposit of ₹5.25 Lac — arrange a viewing today.

🕒 Updated 11 Jun 2026

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Parel flats for rent — price guide

There are 217 verified flats for rent in Parel on Real Estate Mumbai, updated daily with real photos, carpet area, prices and RERA details. Typical rent prices by configuration:

Configuration	Listings	Typical range/mo	Median/mo
1 BHK	13	₹ 50,600 – ₹ 1.22 Lac/mo	₹ 63,000/mo
2 BHK	71	₹ 1 Lac – ₹ 2.1 Lac/mo	₹ 1.35 Lac/mo
3 BHK	100	₹ 1.5 Lac – ₹ 3.25 Lac/mo	₹ 2 Lac/mo
4 BHK	13	₹ 2.46 Lac – ₹ 6.9 Lac/mo	₹ 4.25 Lac/mo
5 BHK	11	₹ 2.3 Lac – ₹ 7 Lac/mo	₹ 5.5 Lac/mo
6 BHK	5	₹ 4.35 Lac – ₹ 6.4 Lac/mo	₹ 4.5 Lac/mo

Ranges show the typical 10th–90th percentile of current listings; median is the mid-point. Outliers excluded.

📊 Property rates in Parel

Apartments — buy₹50,000–100,000/sqft

1 BHK — rent₹55,000–1 Lac/mo

2 BHK — rent₹1 Lac–2.2 Lac/mo

3 BHK — rent₹2.2 Lac–4.4 Lac/mo

Commercial — lease₹130–290/sqft

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Updated May 2026 · Real Estate Mumbai research

📰 News about Parel

About flats on rent in Parel

Parel is an emerging residential micro-market within the broader mill-land redevelopment belt that also includes Lower Parel and Worli. The area is undergoing a significant transformation — heritage textile mills are being converted into premium residential and commercial complexes, bringing luxury housing to a historically working-class neighbourhood with some of Mumbai's best central connectivity.

Elphinstone Road and Parel stations on the Western Railway are within the neighbourhood. The Eastern Freeway on-ramp connects to BKC and Fort within 15 minutes. Key institutions in the area include KEM Hospital — Maharashtra's largest government hospital — the International Institute of Population Sciences, and several engineering colleges that give Parel an academic character alongside its industrial heritage.

New residential developments in Parel are primarily in the premium to ultra-premium range, with most projects offering 2-4 BHK apartments. The area attracts professionals seeking a central address with good connectivity, and investors drawn by the ongoing premium development. Real Estate Mumbai has been tracking the Parel transformation closely since 1993 and offers informed advisory for this evolving market.

Frequently asked questions in Parel

How many flats for rent are available in Parel?

There are 217 verified flats for rent in Parel on Real Estate Mumbai, updated daily with real photos, carpet area, prices and RERA details.

What is the monthly rent for a 2 BHK in Parel?

A 2 BHK flat in Parel typically rents for Rs. 100,000 to Rs. 220,000 per month, depending on furnishing, floor and the building.

Is Parel a good area to rent a flat in Mumbai?

Parel is an established Mumbai locality with 217 verified listings currently available. Browse real photos and connect directly on WhatsApp with Real Estate Mumbai, trusted since 1993.

Flats on Rent in Parel

Parel flats for rent — price guide

📊 Property rates in Parel

📰 News about Parel

Frequently asked questions in Parel

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