3 BHK Flats on Rent in Lower Parel

125 verified properties · updated daily since 1993

Newest Price ↑ Price ↓

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

For Rent

₹ 6.1 Lac/mo

3 BHK Lodha World Towers

📍 Shankar Rao Naram Path, Lower Parel

🛏️ 3 BHK 📐 1734 sqft 🛋️ Semi-Furnished

Lodha World Towers presents a thoughtfully laid-out 3 BHK home in Lower Parel, near vibrant dining and nightlife. It comes semi-furnished, with 1,734 sq.ft. of carpet space, with Open parking included. Leasing at ₹6.10 Lac with a deposit of ₹24.40 Lac — a smart pick for Lower Parel living.

🕒 Updated 13 May 2026

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For Rent

₹ 6 Lac/mo

3 BHK Lodha World Crest

📍 Lower Parel

🛏️ 3 BHK 📐 2000 sqft 🛋️ Semi Furnished

Experience Lower Parel from Lodha World Crest: a 3 BHK home surrounded by Kamala Mills and Phoenix Palladium. It comes semi-furnished, ready to move in, with 2 Car Park parking included. Available now on rent at ₹6 Lac — arrange a viewing today.

🕒 Updated 13 May 2026

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For Rent

₹ 5.5 Lac/mo

3 BHK Lodha World One

📍 Senapati Bapat Marg, Lower Parel

🛏️ 3 BHK 📐 2000 sqft 🛋️ Semi-Furnished

An inviting 3 BHK home in the heart of Lower Parel at Lodha World One, steps from Kamala Mills and Phoenix Palladium. Offered semi-furnished, it measures 2,000 sq.ft, and Open parking on offer. Leasing at ₹5.50 Lac with a deposit of ₹22 Lac — a smart pick for Lower Parel living.

🕒 Updated 13 May 2026

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For Rent

₹ 3 Lac/mo

3 BHK Marathon Era

📍 Next to Phoenix Mall, , Lower Parel

🛏️ 3 BHK 📐 1300 sqft 🛋️ Semi-Furnished

This 3 BHK home at Marathon Era brings Lower Parel living within reach of vibrant dining and nightlife. It comes semi-furnished, with 1,300 sq.ft. of carpet space, complete with Open parking. Available now on rent at ₹3 Lac with a deposit of ₹15 Lac — arrange a viewing today.

🕒 Updated 29 Apr 2026

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3 BHK India Bulls Sky Forest in Lower Parel

For Rent

₹ 3.25 Lac/mo

3 BHK India Bulls Sky Forest

📍 Near India Bulls Financial Centre, Lower Parel

🛏️ 3 BHK 📐 1500 sqft 🛋️ Semi Furnished

Discover space and light in this 3 BHK home at India Bulls Sky Forest, Lower Parel — close to the corporate towers of Senapati Bapat Marg. Expect a semi-furnished interior across 1,500 sq.ft.. On offer for ₹3.25 Lac per month with a deposit of ₹13 Lac. Enquire to schedule a visit.

🕒 Updated 29 Apr 2026

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Lower Parel flats for rent — price guide

There are 125 verified flats for rent in Lower 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	7	₹ 55,000 – ₹ 75,000/mo	₹ 62,000/mo
2 BHK	63	₹ 1.11 Lac – ₹ 2.5 Lac/mo	₹ 1.5 Lac/mo
3 BHK	124	₹ 2.83 Lac – ₹ 5.5 Lac/mo	₹ 4 Lac/mo
4 BHK	85	₹ 4.27 Lac – ₹ 7 Lac/mo	₹ 6 Lac/mo
5 BHK	23	₹ 6.8 Lac – ₹ 15.8 Lac/mo	₹ 8 Lac/mo

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

📊 Property rates in Lower Parel

Apartments — buy₹60,000–105,000/sqft

1 BHK — rent₹65,000–1.4 Lac/mo

2 BHK — rent₹1.65 Lac–2.75 Lac/mo

3 BHK — rent₹3.3 Lac–6.6 Lac/mo

Commercial — lease₹330–660/sqft

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Updated May 2026 · Real Estate Mumbai research

📰 News about Lower Parel

About flats on rent in Lower Parel

Lower Parel is the story of Mumbai's most dramatic urban transformation — from a textile mill district that once employed hundreds of thousands of workers, to the city's most dynamic live-work-play destination. Today, the area is home to India's finest luxury mall (Palladium), major corporate headquarters (One Indiabulls Centre, Peninsula Business Park, Kamala Mills), and a thriving restaurant and nightlife scene that draws Mumbai's young professionals every evening.

The neighbourhood is exceptionally well-connected — Elphinstone Road and Lower Parel Western Railway stations are within walking distance, and the Eastern Freeway provides direct access to BKC and South Mumbai. The upcoming Metro Line 3 will add yet another layer of connectivity. Corporate demand for Grade-A offices here is consistently among the highest in Mumbai, which in turn drives strong year-round demand for residential rentals.

Residential supply consists mainly of premium 2 to 4 BHK apartments in new high-rise towers by developers like Lodha, Indiabulls, and Peninsula Land. Rental rates command a premium given the walkability to offices. Real Estate Mumbai has been a trusted advisor in the Lower Parel market since 1993, helping corporates, NRIs, and investors navigate one of Mumbai's most active property micro-markets.

Frequently asked questions in Lower Parel

How many flats for rent are available in Lower Parel?

There are 125 verified flats for rent in Lower 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 Lower Parel?

A 2 BHK flat in Lower Parel typically rents for Rs. 165,000 to Rs. 275,000 per month, depending on furnishing, floor and the building.

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

Lower Parel is an established Mumbai locality with 125 verified listings currently available. Browse real photos and connect directly on WhatsApp with Real Estate Mumbai, trusted since 1993.