Top 10 affordable localities to rent in Bangalore

When considering the affordability of rent, it is essential to take into account factors such as location, budget preferences, additional expenses and potential rent increase.

The bustling IT hubs and the growth of startups make Bangalore a coveted real estate destination, attracting a lot of homebuyers and investors. Moreover, the rental housing market also witnesses increased activities due to the continuous influx of working professionals and students looking for homes. The demand is seen not only in the key localities of the city but also in the suburbs. Here is a guide on the top 10 affordable localities to rent in Bangalore.

 

Top affordable localities in Bangalore for renting

Affordable localities Average monthly rentals Price range Rent (YOY increase)
Whitefield Rs 30,000 Rs 8,500 – Rs 58,000 -22.93%
Sarjapur Road Rs 32,000 Rs 6,000 – Rs 70,000 -21.68%
Hennur Rs 40,000 Rs 7,000 – Rs 85,000 +10.83%
Hebbal Rs 32,000 Rs 6,700 – Rs 67,000 -24.84%
Hoskote Rs 8,800 Rs 8,000 – Rs 10,000 -37.62%
Yelahanka Rs 35,000 Rs 7,000 – Rs 79,000 -10.41%
Bommasandra Rs 23,700 Rs 6,500 – Rs 32,000 +28.03%
Electronic City Rs 23,500 Rs 4,500 – Rs 38,000 -21.58%
Kanakapura Road Rs 26,000 Rs 4,500 – Rs 90,000 -11.25%
Kengeri Rs 12,750 Rs 7,000 – Rs 20,000 -11.53%

 

Rental market trends in Bangalore

Bangalore’s rental housing market is witnessing significant growth, including the city outskirts where demand is steadily rising.

With several companies discontinuing remote working options and employees returning to the office, there has been an increased demand for rental housing. In recent years, the average monthly rents have significantly increased. The YOY growth in average rent in Bangalore is 26.73%.

 

Key drivers for the Bangalore rental market include

  • Presence of bustling IT hubs such as Whitefield, Electronic City, Hebbal and Sarjapur Road.
  • Upcoming infrastructure projects such as the Bangalore Metro extension, Bengaluru-Chennai Expressway and Bangalore-Mysore Expressway
  • The presence of prominent educational institutions, which attract a lot of students
  • Rising property values, resulting in increased investments for rental returns

 

Top 10 affordable localities in Bangalore for renting

#1. Whitefield

Whitefield is known for its bustling IT hubs and has connectivity to the Whitefield Main Road, SH-35, Old Airport Road and Whitefield Railway Station. Well-developed social and retail infrastructure is another feature of this locality. Besides, there are educational institutions such as Gopalan College of Engineering and Management and MVJ College of Engineering in the vicinity. The Kempedgowda International Airport is around 37 km from the location.

Pros: The presence of a variety of social amenities, including entertainment options, cafes, and restaurants, as well as proximity to offices, are the key pluses of this locality. Moreover, the Baiyappanhalli to Whitefield Phase 2 metro project will further ease the connectivity and liveability quotient of this area. The locality is suitable for working professionals and students.

Cons: Whitefield is around 12 km from Central Bangalore. Moreover, the high cost of living, pollution and water supply issues are some of the key challenges that residents face.

Rent options: Flats of 1, 2, 3 and 4 BHK sizes within gated projects are available for renting.

 

#2. Sarjapur Road

Sarjapur Road is a key corridor in Bangalore, attracting many home seekers due to the easy access to IT hubs of Whitefield, Marathahalli and Electronic City. There are well-known technology parks such as Wipro Sarjapur Campus and Embassy Tech Village. Social infrastructural facilities are available, including educational institutes, hospitals, shopping malls, etc. The Bangalore Metro’s Phase 3A project will provide connectivity from Sarjapur to Hebbal. The airport is 51 km from the locality.

Pros: Robust infrastructure and good connectivity are the major pluses of Sarjapur Road.

Cons: Limited public transportation options and traffic congestion are some key concerns.

Rent options: There are a variety of options such as 1, 2, 3 and 4 BHK flats, studio apartments and villas.

 

#3. Hennur

Hennur is a prominent locality in northern Bangalore and is a preferred destination for renters owing to its strategic location. The airport is around 25 km away. Besides, there are emerging IT hubs that attract a lot of working professionals. Public transportation and social infrastructural facilities are available, ensuring convenience for the residents. The upcoming Blue Line metro will provide connectivity to Hennur.

Pros: Developing infrastructure, easy access to the airport and good connectivity to other parts of the city are the key advantages of living in Hennur.

Cons: Lack of metro connectivity and adequate markets and hospitals are some of the key concerns of the residents.

Rent options: Apartments of 1, 2 and 3 BHK flats in gated housing projects are available for renting.

 

#4. Hebbal

Hebbal is one of the sought-after localities among renters in North Bangalore owing to its proximity to the airport. The Kempegowda International Airport is around 29.5 km from the locality. The area will have a metro link on the upcoming metro between KR Puram-Kempegowda International Airport line. There are IT hubs such as Manyata Tech Park. Moreover, Hebbal is also a prominent retail hub with several shopping malls.

Pros: Good connectivity to the airport, an upcoming metro and social amenities make Hebbal a comfortable locality for renters. 

Cons: Lack of parking space and traffic congestion are some common problems.

Rent options: There are 1, 2 and 3 BHK flats of varying sizes available for renting.

 

#5. Hoskote

Hoskote is a locality in eastern Bangalore with good connectivity to other parts of the city via the Outer Ring Road and National Highway 4. Prominent localities such as Attibele, Kanakpura, Magadi, Ramanagara, Devanahalli and Doddaballapur are located in the vicinity. Several residential complexes have come up, catering to the housing demand. The airport is around 37 km from the area. Social infrastructure is well-developed, including medical facilities, international schools, markets, etc. Moreover, there are plans to extend the Namma metro network to Hoskote, Devanahalli and other far-flung areas.

Pros: Fast-developing infrastructure and easy access to employment hubs are some of the pluses of this area.

Cons: The common issues include traffic congestion and lack of metro.

Rent options: There are 1, 2 and 3 BHK flats in gated projects available for renting.

 

#6. Yelahanka

Yelahanka, located on the northern outskirts of Bangalore, is a preferred location for home seekers as the international airport is around 17 km from Yelahanka. The Yelahanka Junction Railway Station is around 18 km. Employment hubs in Hebbal, Whitefield and Manyata Tech Park along the Outer Ring Road (ORR) are easily accessible from the area. Schools, healthcare facilities, shopping complexes, etc. are available, catering to the household needs of the residents. The North-South corridor of Bangalore Metro will be extended to Yelahanka.

Pros: Proximity to the airport and employment hubs are the major advantages of this location.

Cons: Safety concerns on some stretches and traffic jams are some key issues.

Rent options: The popular renting options in the locality include 2 and 3 BHK flats.

 

#7. Bommasandra

Bommasandra is a well-developed residential neighbourhood in south Bangalore, strategically located along the Hosur Road, the National Highway connecting Bangalore and Hosur. The presence of sthe Bommasandra Industrial Area attracts a lot of home seekers to this area. The area has robust social infrastructure and public transport facilities. Besides, there is metro connectivity on the Namma Metro Yellow Line extension. The airport is around 55 km from Bommasandra.

Pros: Proximity to offices and well-developed social infrastructure provide major advantages to this locality.

Cons: Pollution and traffic jams are the common problems faced by the residents.

Rent options: There are 1, 2, 3 BHK apartments available for renting.

 

#8. Electronic City

Electronic City is a thriving IT hub of Bangalore, with well-known IT companies such as Wipro, HCL, Tech Mahindra, etc. The area has well-developed social infrastructure and robust connectivity via arterial roads, including the new Bangalore-Chennai Expressway. There are educational institutions and entertainment hubs, making it convenient for families and working professionals residing here. Electronic City will get a metro link on the Bangalore Metro Yellow Line, which is expected to ease commuting.

Pros: Availability of social amenities and proximity to offices are the major pluses of staying on rent.

Cons: Pollution and traffic congestion are the key issues faced by the residents. Besides, the distance from central Bangalore is another key challenge.

Rent options: One can find spacious 2, 3 and 4BHK flats and independent houses in the locality.

 

#9. Kanakapura Road

Kanakapura Road is a well-developed commercial and residential neighbourhood in south Bangalore. The area is in proximity to Whitefield and Electronic City, thus attracting a lot of renters. The locality is well-connected through arterial roads such as NICE Ring Road and Outer Ring Road, which further connects IT hubs in Electronic City, ORR and Sarjapur Road. There are several residential projects coming up in the area owing to the increased demand. The Yelachenahalli to Anjanapura Green line metro extension in Bangalore will enhance connectivity in the area.

Pros: Proximity to IT hubs of the city and fast-developing infrastructure are some of the major advantages. The area is ideal for working professionals.

Cons: Traffic jams, parking issues and lack of adequate schools are key concerns.

Rent options: The renting options in the locality include 2, 3 and 4BHK flats.

 

#10. Kengeri

Kengeri is one of the most affordable localities in western Bangalore to rent. It is known for the presence of educational institutions such as Bangalore University and RV College of Engineering. This attracts a lot of students to the area. There are shopping complexes, medical facilities, and dining options that cater to the lifestyle needs of the residents. The upcoming Bangalore-Mysore expressway and a metro link to the Namma Metro Purple Line will ease connectivity to this locality.

Pros: The key advantages are fast-developing infrastructure and good connectivity to other parts of the city.

Cons: Traffic jams and parking issues are some of the common problems.

Rent options: The popular renting options in the area include 2 and 3 BHK flats.

 

Things to consider when renting in Bangalore

  • Location: Make sure the locality you choose for renting has easy access to workplaces or educational institutions, depending on your needs.
  • Budget: The cost of living in Bangalore is quite high compared to other cities. When deciding the budget, you must consider the monthly rent you will pay the landlord, maintenance charges, and other expenses.
  • Amenities: Make sure the property you choose to rent has access to key amenities in the vicinity. Inspect the neighbourhood before finalising a property.
  • Documentation: Tenants must be aware of the rent agreement and ensure that terms such as duration, lock-in period, notice period, termination, etc., are specified in the agreement. You can consult a local broker who can guide you through the process.

 

Housing.com News Viewpoint

Typically, landlords in the city are seen taking advantage of the rising demand for rental housing by charging high rents. However, there are some localities that are comparatively affordable. When considering the affordability of rent, it is essential to take into account several factors such as location, budget preferences, additional expenses and potential rent increase in the area due to infrastructure developments. This will help you make an informed decision.

 

FAQs

Which area has the lowest rent in Bangalore?

Some affordable localities to rent in Bangalore include Hebbal, Electronic City, BTM Layout, etc.

What is the minimum salary to live comfortably on rent in Bangalore?

A minimum salary of Rs 50,000-60,000 is necessary to live comfortably on rent in Bangalore.

What are the top localities near Central Bangalore?

The top localities near Central Bangalore include Malleshwaram, JP Nagar and BTM Layout.

Which area is the most affordable in Bangalore for buying a flat?

Some affordable localities in Bangalore include Hebbal, Mysore Road and Kengeri.

What is the standard rent increase in Bangalore?

Typically, rent increases between 5% and 10% every year.

 

Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com
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