3 BHK Flats on Rent in Parel

88 verified properties · updated daily since 1993
3 BHK Crescent Bay Tower 3 in Parel For Rent
₹ 1.85 Lac/mo
3 BHK Crescent Bay Tower 3
📍 Jerbai Wadia Road, Near Mahatma Phule Education Society, Parel
🛏️ 3 BHK 📐 2100 sqft 🛋️ Semi-Furnished

Crafted for modern living, this 3 BHK home in Crescent Bay Tower 3, Parel, enjoys the Worli-Lower Parel axis. The semi-furnished layout spans 2,100 sq.ft, complete with 1 Open parking. Available now on rent at ₹1.85 Lac with a deposit of ₹11.10 Lac — arrange a viewing today.

🕒 Updated 11 Jun 2026
3 BHK Lodha Venezia in Parel For Rent
₹ 1.9 Lac/mo
3 BHK Lodha Venezia
📍 G.D. Ambedkar Marg,, Parel
🛏️ 3 BHK 📐 1172 sqft 🛋️ Semi Furnished

Tucked into Parel, this 3 BHK home at Lodha Venezia pairs comfort with the corporate towers of central Mumbai. It comes semi-furnished, ready to move in. On offer for ₹1.90 Lac per month with a deposit of ₹7.60 Lac. Enquire to schedule a visit.

🕒 Updated 11 Jun 2026
3 BHK Lodha Aria in Parel For Rent
₹ 1.5 Lac/mo
3 BHK Lodha Aria
📍 Near Dosti Flamingos and Ashok Garden, Parel
🛏️ 3 BHK 📐 1525 sqft 🛋️ Semi-Furnished

Set in Lodha Aria, this 3 BHK home in Parel offers Phoenix and Kamala Mills nearby. Expect a semi-furnished interior across 1,525 sq.ft, complete with 1 Open parking. Yours to rent at ₹1.50 Lac with a deposit of ₹6 Lac. Book a viewing at your convenience.

🕒 Updated 11 Jun 2026
3 BHK Matoshree Pride in Parel For Rent
₹ 1.3 Lac/mo
3 BHK Matoshree Pride
📍 Behind Haffkine Institute, Parel
🛏️ 3 BHK 📐 2050 sqft 🛋️ Semi-Furnished

Welcome to Matoshree Pride: a 3 BHK home in Parel, where residents enjoy the Worli-Lower Parel axis. The semi-furnished layout spans 2,050 sq.ft.. Move-in ready at ₹1.30 Lac with a deposit of ₹5.20 Lac; reach out for an inspection.

🕒 Updated 11 Jun 2026
3 BHK Runwal Nirvana in Parel For Rent
₹ 1.7 Lac/mo
3 BHK Runwal Nirvana
📍 6, GD Ambekar Marg, Parel Village, Bhoiwada, Parel
🛏️ 3 BHK 📐 1250 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 1,250 sq.ft, complete with 2 Covered parking. Available now on rent at ₹1.70 Lac with a deposit of ₹6.80 Lac — arrange a viewing today.

🕒 Updated 11 Jun 2026
3 BHK L&T Crescent Bay in Parel For Rent
₹ 2.35 Lac/mo
3 BHK L&T Crescent Bay
📍 Jerbai Wadia Road, Parel
🛏️ 3 BHK 📐 1650 sqft 🛋️ Semi-Furnished

An inviting 3 BHK home in the heart of Parel at L&T Crescent Bay, steps from the corporate towers of central Mumbai. Offered semi-furnished, it measures 1,650 sq.ft, and Open parking on offer. Move-in ready at ₹2.35 Lac with a deposit of ₹9.40 Lac; reach out for an inspection.

🕒 Updated 11 Jun 2026
3 BHK L&T Crescent Bay in Parel For Rent
₹ 2.3 Lac/mo
3 BHK L&T Crescent Bay
📍 Jerbai Wadia Road, Parel
🛏️ 3 BHK 📐 1200 sqft 🛋️ Semi-Furnished

This 3 BHK home at L&T Crescent Bay brings Parel living within reach of excellent rail connectivity. It comes semi-furnished, with 1,200 sq.ft. of carpet space, complete with 2 Covered parking. Leasing at ₹2.30 Lac with a deposit of ₹9.20 Lac — a smart pick for Parel living.

🕒 Updated 11 Jun 2026
3 BHK L&T Crescent Bay in Parel For Rent
₹ 2.8 Lac/mo
3 BHK L&T Crescent Bay
📍 Jerbai Wadia Road, Parel
🛏️ 3 BHK 📐 1600 sqft 🛋️ Semi-Furnished

An inviting 3 BHK home in the heart of Parel at L&T Crescent Bay, steps from the corporate towers of central Mumbai. Offered semi-furnished, it measures 1,600 sq.ft, and 2 Covered parking on offer. Leasing at ₹2.80 Lac with a deposit of ₹11.20 Lac — a smart pick for Parel living.

🕒 Updated 11 Jun 2026
3 BHK L&T Crescent Bay in Parel For Rent
₹ 2.75 Lac/mo
3 BHK L&T Crescent Bay
📍 Jerbai Wadia Road, Parel
🛏️ 3 BHK 📐 1800 sqft 🛋️ Semi-Furnished

Discover space and light in this 3 BHK home at L&T Crescent Bay, Parel — close to Phoenix and Kamala Mills nearby. Expect a semi-furnished interior across 1,800 sq.ft, with 2 Covered parking included. Leasing at ₹2.75 Lac with a deposit of ₹11 Lac — a smart pick for Parel living.

🕒 Updated 11 Jun 2026
3 BHK Ashok Tower in Parel For Rent
₹ 3.6 Lac/mo
3 BHK Ashok Tower
📍 Dr. Babasaheb Ambedkar, Parel
🛏️ 3 BHK 📐 1650 sqft 🛋️ Semi-Furnished 🏢 Middle flr

Experience Parel from Ashok Tower: a 3 BHK home surrounded by the corporate towers of central Mumbai. On the Middle floor, offered semi-furnished, it measures 1,650 sq.ft, with Open Reserved parking included. Available now on rent at ₹3.60 Lac with a deposit of ₹14.40 Lac — arrange a viewing today.

🕒 Updated 11 Jun 2026
3 BHK Lodha Azzuro in Parel For Rent
₹ 1.65 Lac/mo
3 BHK Lodha Azzuro
📍 G.D.Ambedkar Road, Kalachowki,, Parel
🛏️ 3 BHK 📐 1150 sqft 🛋️ Semi-Furnished

Tucked into Parel, this 3 BHK home at Lodha Azzuro pairs comfort with the corporate towers of central Mumbai. Offered semi-furnished, it measures 1,150 sq.ft, complete with Open Reserved parking. On offer for ₹1.65 Lac per month with a deposit of ₹7 Lac. Enquire to schedule a visit.

🕒 Updated 11 Jun 2026
3.5 BHK Ashok Tower in Parel For Rent
₹ 3.25 Lac/mo
3.5 BHK Ashok Tower
📍 Dr. Babasaheb Ambedkar, Parel
🛏️ 3.5 BHK 📐 1300 sqft 🛋️ Semi-Furnished

Discover space and light in this 3.5 BHK home at Ashok Tower, Parel — close to Phoenix and Kamala Mills nearby. Expect a semi-furnished interior across 1,300 sq.ft, with 1 parking included. On offer for ₹3.25 Lac per month with a deposit of ₹9.75 Lac. Enquire to schedule a visit.

🕒 Updated 11 Jun 2026
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Parel flats for rent — price guide

There are 88 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 8 ₹ 53,500 – ₹ 76,000/mo ₹ 61,500/mo
2 BHK 65 ₹ 1 Lac – ₹ 1.75 Lac/mo ₹ 1.3 Lac/mo
3 BHK 88 ₹ 1.5 Lac – ₹ 3.03 Lac/mo ₹ 2 Lac/mo
4 BHK 11 ₹ 2.4 Lac – ₹ 7 Lac/mo ₹ 4.5 Lac/mo
5 BHK 8 ₹ 5.13 Lac – ₹ 7.3 Lac/mo ₹ 5.88 Lac/mo
6 BHK 4 ₹ 4.35 Lac – ₹ 6.55 Lac/mo ₹ 4.92 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
See all Mumbai property rates →
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 88 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 88 verified listings currently available. Browse real photos and connect directly on WhatsApp with Real Estate Mumbai, trusted since 1993.

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