5 BHK in Lodha Azzuro
Parel
CarpetCarpet2,300 sq ft
FurnishingFurnishingSemi-Furnished
₹5.5 Lac /mo
Premium home for Parel
To rent ·
5+ BHK flats for rent in Parel
4 homes on the market. Read across, tap ♡ to shortlist, then send the whole list to our team in one WhatsApp.
5 BHK in Kalpataru Avana
Parel
CarpetCarpet2,460 sq ft
FurnishingFurnishingFully Furnished
₹7.5 Lac /mo
5 BHK in Citi Tower
Parel
CarpetCarpet2,700 sq ft
FurnishingFurnishingPartly Furnished
₹5.5 Lac /mo
Premium home for Parel
5 BHK in Lodha Azzuro
Parel
CarpetCarpet—
FurnishingFurnishingSemi-Furnished
₹5.5 Lac /mo
Not the right one yet?
Tell us once. We’ll WhatsApp you the moment a matching home comes up — no need to keep searching.
Price guide
Parel 5+ BHK flats for rent: what they cost
There are 4 verified 5+ BHK flats for rent in Parel on Real Estate Mumbai, updated daily. Typical rent prices by configuration:
| Configuration | Listings | Typical range/mo | Median/mo |
|---|---|---|---|
| 1 BHK | 7 | ₹60,000 – ₹1.16 Lac/mo | ₹73,000/mo |
| 2 BHK | 64 | ₹1 Lac – ₹2 Lac/mo | ₹1.38 Lac/mo |
| 3 BHK | 53 | ₹1.52 Lac – ₹3.29 Lac/mo | ₹2.1 Lac/mo |
| 4 BHK | 10 | ₹4.47 Lac – ₹7.25 Lac/mo | ₹5 Lac/mo |
| 5 BHK | 4 | ₹5.5 Lac – ₹6.9 Lac/mo | ₹5.5 Lac/mo |
Ranges show the typical 10th–90th percentile of current listings; median is the mid-point. Outliers excluded. As on 02 Nov 2026.
Neighbourhoods
Flats for Rent by neighbourhood in Parel
In the news
Parel property news
Questions
Asked about flats for rent in Parel
How many 5+ BHK flats for rent are available in Parel?
There are 4 verified 5+ BHK 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 4 verified 5+ BHK flats for rent currently available. Browse real photos and connect directly on WhatsApp with Real Estate Mumbai, trusted since 1995.
About flats for 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 1995 and offers informed advisory for this evolving market.