Flats on Rent in Parel

154 verified properties ยท updated daily since 1993
3 BHK Lodha Venezia in Parel For Rent
โ‚น 1.75 Lac/mo
3 BHK Lodha Venezia
๐Ÿ“ G.D. Ambedkar Marg,, Parel
๐Ÿ›๏ธ 3 BHK ๐Ÿ“ 1068 sqft ๐Ÿ›‹๏ธ unknown

Set in Lodha Venezia, this 3 BHK home in Parel offers Phoenix and Kamala Mills nearby. Expect a unknown interior across 1,068 sq.ft, complete with 2 parking. Move-in ready at โ‚น1.75 Lac with a deposit of โ‚น5.25 Lac; reach out for an inspection.

๐Ÿ•’ Updated 23 Jun 2026
3 BHK Kalpataru Avana in Parel For Rent
โ‚น 4.25 Lac/mo
3 BHK Kalpataru Avana
๐Ÿ“ Near ITC Grand Central, Parel
๐Ÿ›๏ธ 3 BHK ๐Ÿ“ 1848 sqft ๐Ÿ›‹๏ธ semi

Kalpataru Avana presents a thoughtfully laid-out 3 BHK home in Parel, near excellent rail connectivity. It comes semi, with 1,848 sq.ft. of carpet space, with Two Car Parking Spaces parking included. Yours to rent at โ‚น4.25 Lac with a deposit of โ‚น12.75 Lac. Book a viewing at your convenience.

๐Ÿ•’ Updated 23 Jun 2026
2 BHK Runwal Nirvana in Parel For Rent
โ‚น 1.4 Lac/mo
2 BHK Runwal Nirvana
๐Ÿ“ Parel
๐Ÿ›๏ธ 2 BHK ๐Ÿ“ 750 sqft ๐Ÿ›‹๏ธ Semi-Furnished

Set in Runwal Nirvana, this 2 BHK home in Parel offers Phoenix and Kamala Mills nearby. Expect a semi-furnished interior across 750 sq.ft, complete with Yes parking. Leasing at โ‚น1.40 Lac with a deposit of โ‚น4.20 Lac โ€” a smart pick for Parel living.

๐Ÿ•’ Updated 23 Jun 2026
3 BHK Ashok Tower in Parel For Rent
โ‚น 3.2 Lac/mo
3 BHK Ashok Tower
๐Ÿ“ Dr. Babasaheb Ambedkar, Parel
๐Ÿ›๏ธ 3 BHK ๐Ÿ“ 1335 sqft ๐Ÿ›‹๏ธ Semi-Furnished ๐Ÿข Middle flr

Welcome to Ashok Tower: a 3 BHK home in Parel, where residents enjoy the Worli-Lower Parel axis. Positioned on the Middle floor, the semi-furnished layout spans 1,335 sq.ft, with Open parking included. Available now on rent at โ‚น3.20 Lac with a deposit of โ‚น9.60 Lac โ€” arrange a viewing today.

๐Ÿ•’ Updated 23 Jun 2026
4.5 BHK Kalpataru Avana in Parel For Rent
โ‚น 5.75 Lac/mo
4.5 BHK Kalpataru Avana
๐Ÿ“ Near ITC Grand Central, Parel
๐Ÿ›๏ธ 4.5 BHK ๐Ÿ“ 2348 sqft ๐Ÿ›‹๏ธ Semi-Furnished

Crafted for modern living, this 4.5 BHK home in Kalpataru Avana, Parel, enjoys the Worli-Lower Parel axis. The semi-furnished layout spans 2,348 sq.ft, complete with 1 Open parking. On offer for โ‚น5.75 Lac per month with a deposit of โ‚น17.25 Lac. Enquire to schedule a visit.

๐Ÿ•’ Updated 23 Jun 2026
2 BHK Lodha Primo in Parel For Rent
โ‚น 1.85 Lac/mo
2 BHK Lodha Primo
๐Ÿ“ Close to ITC Grand Central, Dr Earnest Borges Rd, Parel
๐Ÿ›๏ธ 2 BHK ๐Ÿ“ 732 sqft ๐Ÿ›‹๏ธ Fully Furnished

Crafted for modern living, this 2 BHK home in Lodha Primo, Parel, enjoys the Worli-Lower Parel axis. The fully furnished layout spans 732 sq.ft, complete with 1 Open parking. Yours to rent at โ‚น1.85 Lac with a deposit of โ‚น4.80 Lac. Book a viewing at your convenience.

๐Ÿ•’ Updated 23 Jun 2026
4 BHK L&T Crescent Bay in Parel For Rent
โ‚น 4.5 Lac/mo
4 BHK L&T Crescent Bay
๐Ÿ“ Jerbai Wadia Road, Parel
๐Ÿ›๏ธ 4 BHK ๐Ÿ“ 2100 sqft ๐Ÿ›‹๏ธ furnished

Tucked into Parel, this 4 BHK home at L&T Crescent Bay pairs comfort with the corporate towers of central Mumbai. Offered furnished, it measures 2,100 sq.ft, complete with 3 Car Parking parking. Leasing at โ‚น4.50 Lac with a deposit of โ‚น13.50 Lac โ€” a smart pick for Parel living.

๐Ÿ•’ Updated 23 Jun 2026
3 BHK Kalpataru Habitat in Parel For Rent
โ‚น 2.5 Lac/mo
3 BHK Kalpataru Habitat
๐Ÿ“ Dr. S. S. Rao Road,, Parel
๐Ÿ›๏ธ 3 BHK ๐Ÿ“ 1329 sqft ๐Ÿ›‹๏ธ 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 โ‚น2.50 Lac with a deposit of โ‚น10 Lac; reach out for an inspection.

๐Ÿ•’ Updated 23 Jun 2026
2 BHK Kalpataru Habitat in Parel For Rent
โ‚น 1.75 Lac/mo
2 BHK Kalpataru Habitat
๐Ÿ“ Dr. S. S. Rao Road,, Parel
๐Ÿ›๏ธ 2 BHK ๐Ÿ“ 982 sqft ๐Ÿ›‹๏ธ Semi-Furnished

Positioned in sought-after Parel, Kalpataru Habitat offers a 2 BHK home near the Worli-Lower Parel axis. The semi-furnished layout spans 982 sq.ft, and 2 parking on offer. Yours to rent at โ‚น1.75 Lac with a deposit of โ‚น5.25 Lac. Book a viewing at your convenience.

๐Ÿ•’ Updated 23 Jun 2026
1 BHK Ruparel Nova in Parel For Rent
โ‚น 50,000/mo
1 BHK Ruparel Nova
๐Ÿ“ Jerbai Wadia Rd, Near Ruparel Ariana, Bhoiwada, , Parel
๐Ÿ›๏ธ 1 BHK ๐Ÿ“ 400 sqft ๐Ÿ›‹๏ธ Semi-Furnished

Positioned in sought-after Parel, Ruparel Nova offers a 1 BHK home near the Worli-Lower Parel axis. The semi-furnished layout spans 400 sq.ft, and 1 Open parking on offer. Available now on rent at โ‚น50,000 with a deposit of โ‚น1.50 Lac โ€” arrange a viewing today.

๐Ÿ•’ Updated 21 Jun 2026
3 BHK L&T Crescent Bay in Parel For Rent
โ‚น 2.75 Lac/mo
3 BHK L&T Crescent Bay
๐Ÿ“ Jerbai Wadia Road, Parel
๐Ÿ›๏ธ 3 BHK ๐Ÿ“ 1800 sqft ๐Ÿ›‹๏ธ Semi-Furnished

Discover space and light in this 3 BHK home at L&T Crescent Bay, Parel โ€” close to Phoenix and Kamala Mills nearby. Expect a semi-furnished interior across 1,800 sq.ft, with 2 Covered parking included. Move-in ready at โ‚น2.75 Lac with a deposit of โ‚น11 Lac; reach out for an inspection.

๐Ÿ•’ Updated 21 Jun 2026
2.5 BHK Lodha Venezia in Parel For Rent
โ‚น 1.75 Lac/mo
2.5 BHK Lodha Venezia
๐Ÿ“ Parel
๐Ÿ›๏ธ 2.5 BHK ๐Ÿ“ 975 sqft ๐Ÿ›‹๏ธ Semi-Furnished

An inviting 2.5 BHK home in the heart of Parel at Lodha Venezia, steps from the corporate towers of central Mumbai. Offered semi-furnished, it measures 975 sq.ft, and 2 Dedicated Car Parkings parking on offer. Yours to rent at โ‚น1.75 Lac with a deposit of โ‚น5.25 Lac. Book a viewing at your convenience.

๐Ÿ•’ Updated 20 Jun 2026
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Parel flats for rent โ€” price guide

There are 154 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 6 โ‚น 50,000 โ€“ โ‚น 77,500/mo โ‚น 59,000/mo
2 BHK 54 โ‚น 89,500 โ€“ โ‚น 1.78 Lac/mo โ‚น 1.35 Lac/mo
3 BHK 74 โ‚น 1.5 Lac โ€“ โ‚น 3.23 Lac/mo โ‚น 1.95 Lac/mo
4 BHK 9 โ‚น 2.46 Lac โ€“ โ‚น 7 Lac/mo โ‚น 5.75 Lac/mo
5 BHK 6 โ‚น 5.03 Lac โ€“ โ‚น 7.5 Lac/mo โ‚น 7 Lac/mo
6 BHK 5 โ‚น 4.35 Lac โ€“ โ‚น 6.4 Lac/mo โ‚น 4.35 Lac/mo

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

๐Ÿ“Š Property rates in Parel

Apartments โ€” buyโ‚น50,000โ€“100,000/sqft
1 BHK โ€” rentโ‚น55,000โ€“1 Lac/mo
2 BHK โ€” rentโ‚น1 Lacโ€“2.2 Lac/mo
3 BHK โ€” rentโ‚น2.2 Lacโ€“4.4 Lac/mo
Commercial โ€” leaseโ‚น130โ€“290/sqft
See all Mumbai property rates โ†’
Updated May 2026 ยท Real Estate Mumbai research

๐Ÿ“ฐ 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 โ€” 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 โ€” Maharashtra's largest government hospital โ€” 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 154 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 154 verified listings currently available. Browse real photos and connect directly on WhatsApp with Real Estate Mumbai, trusted since 1993.

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