Flats on Rent in Parel

187 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 Dr. Babasaheb Ambedkar 34 Jerbai Wadia Road 34 Jeribai Wadia Road 28

For Rent

₹ 1.8 Lac/mo

2 BHK Ashok Tower

📍 Dr. Babasaheb Ambedkar, Parel

🛏️ 2 BHK 📐 800 sqft 🛋️ Fully Furnished

Welcome to Ashok Tower: a 2 BHK home in Parel, where residents enjoy the Worli-Lower Parel axis. The fully furnished layout spans 800 sq.ft, with Open parking included. On offer for ₹1.80 Lac per month with a deposit of ₹7.20 Lac. Enquire to schedule a visit.

🕒 Updated 17 Jun 2026

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For Rent

₹ 2.5 Lac/mo

4 BHK Ashok Tower

📍 Dr. Babasaheb Ambedkar, Parel

🛏️ 4 BHK 📐 2225 sqft 🛋️ Semi-Furnished

A standout 4 BHK home awaits at Ashok Tower, Parel — moments from excellent rail connectivity. It comes semi-furnished, with 2,225 sq.ft. of carpet space, and 1 Open parking on offer. Move-in ready at ₹2.50 Lac with a deposit of ₹7.50 Lac; reach out for an inspection.

🕒 Updated 17 Jun 2026

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For Rent

₹ 2.3 Lac/mo

3 BHK Runwal Nirvana

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

🛏️ 3 BHK 📐 1202 sqft 🛋️ Semi-Furnished

An inviting 3 BHK home in the heart of Parel at Runwal Nirvana, steps from the corporate towers of central Mumbai. Offered semi-furnished, it measures 1,202 sq.ft, and 1 Open parking on offer. On offer for ₹2.30 Lac per month with a deposit of ₹6.90 Lac. Enquire to schedule a visit.

🕒 Updated 17 Jun 2026

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For Rent

₹ 1.8 Lac/mo

3 BHK Ruparel Ariana

📍 Jeribai Wadia Road, Parel

🛏️ 3 BHK 📐 1076 sqft 🛋️ Semi-Furnished

An inviting 3 BHK home in the heart of Parel at Ruparel Ariana, steps from the corporate towers of central Mumbai. Offered semi-furnished, it measures 1,076 sq.ft, and 2 parking on offer. Leasing at ₹1.80 Lac with a deposit of ₹5.40 Lac — a smart pick for Parel living.

🕒 Updated 17 Jun 2026

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For Rent

₹ 1.8 Lac/mo

2 BHK Ashok Tower

📍 Dr. Babasaheb Ambedkar, Parel

🛏️ 2 BHK 📐 1000 sqft 🛋️ Fully Furnished

A standout 2 BHK home awaits at Ashok Tower, Parel — moments from excellent rail connectivity. It comes fully furnished, with 1,000 sq.ft. of carpet space, and 1 Open parking on offer. On offer for ₹1.80 Lac per month with a deposit of ₹5.40 Lac. Enquire to schedule a visit.

🕒 Updated 17 Jun 2026

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For Rent

₹ 1.5 Lac/mo

3 BHK L&T Crescent Bay

📍 Jerbai Wadia Road, Parel

🛏️ 3 BHK 📐 1470 sqft 🛋️ Semi-Furnished

Crafted for modern living, this 3 BHK home in L&T Crescent Bay, Parel, enjoys the Worli-Lower Parel axis. The semi-furnished layout spans 1,470 sq.ft, complete with 1 Open parking. Leasing at ₹1.50 Lac with a deposit of ₹4.50 Lac — a smart pick for Parel living.

🕒 Updated 17 Jun 2026

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For Rent

₹ 70,000/mo

1 Kalpataru Avana

📍 Near ITC Grand Central, Parel

🛏️ 1 📐 2128 sqft 🛋️ Semi-Furnished

Set in Kalpataru Avana, this 1 BHK home in Parel offers Phoenix and Kamala Mills nearby. Expect a semi-furnished interior across 2,128 sq.ft, complete with 1 Open parking. Move-in ready at ₹70,000; reach out for an inspection.

🕒 Updated 17 Jun 2026

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For Rent

₹ 7 Lac/mo

4 Kalpataru Avana

📍 Near ITC Grand Central, Parel

🛏️ 4 📐 2400 sqft 🛋️ Semi-Furnished

Live well in Parel — this 4 BHK home at Kalpataru Avana sits close to Phoenix and Kamala Mills nearby. Expect a semi-furnished interior across 2,400 sq.ft, and 1 Open parking on offer. Leasing at ₹7 Lac with a deposit of ₹21 Lac — a smart pick for Parel living.

🕒 Updated 17 Jun 2026

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For Rent

₹ 1.7 Lac/mo

3.5 BHK Kalpataru Habitat

📍 Dr. S. S. Rao Road,, Parel

🛏️ 3.5 BHK 📐 1340 sqft 🛋️ Fully Furnished

This 3.5 BHK home at Kalpataru Habitat brings Parel living within reach of excellent rail connectivity. It comes fully furnished, with 1,340 sq.ft. of carpet space, complete with 2 parking. Move-in ready at ₹1.70 Lac with a deposit of ₹5.10 Lac; reach out for an inspection.

🕒 Updated 17 Jun 2026

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For Rent

₹ 4.35 Lac/mo

6 BHK Lodha Venezia

📍 G.D. Ambedkar Marg,, Parel

🛏️ 6 BHK 📐 2700 sqft 🛋️ Semi-Furnished

Welcome to Lodha Venezia: a 6 BHK home in Parel, where residents enjoy the Worli-Lower Parel axis. The semi-furnished layout spans 2,700 sq.ft, with 1 Open parking included. Move-in ready at ₹4.35 Lac with a deposit of ₹13.05 Lac; reach out for an inspection.

🕒 Updated 17 Jun 2026

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For Rent

₹ 60,000/mo

1 Sonas Tower

📍 Hindmata Flyover. Opp. Premier Cinema, Parel

🛏️ 1 📐 360 sqft 🛋️ Semi-Furnished

Discover space and light in this 1 BHK home at Sonas Tower, Parel — close to Phoenix and Kamala Mills nearby. Expect a semi-furnished interior across 360 sq.ft, with 1 Open parking included. Yours to rent at ₹60,000 with a deposit of ₹1.50 Lac. Book a viewing at your convenience.

🕒 Updated 17 Jun 2026

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For Rent

₹ 2.5 Lac/mo

3 BHK Kalpataru Habitat

📍 Dr. S. S. Rao Road,, Parel

🛏️ 3 BHK 📐 1329 sqft 🛋️ Semi-Furnished

This 3 BHK home at Kalpataru Habitat brings Parel living within reach of excellent rail connectivity. It comes semi-furnished, with 1,329 sq.ft. of carpet space, complete with 1 Open parking. Move-in ready at ₹2.50 Lac with a deposit of ₹10 Lac; reach out for an inspection.

🕒 Updated 17 Jun 2026

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Parel flats for rent — price guide

There are 187 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	66	₹ 1 Lac – ₹ 1.77 Lac/mo	₹ 1.32 Lac/mo
3 BHK	90	₹ 1.5 Lac – ₹ 2.92 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	₹ 6.5 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

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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 187 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 187 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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