Median rent for residential in as of Apr, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
3,101 Chennai, Tamil Nadu, India apartments for rent
Housing Trends
How much is an apartment in Chennai, Tamil Nadu, India
Average rent in Chennai: ₹46,877 (+1.6%)
| Rent Price | Apr | vs Last Month |
|---|---|---|
| 1 bed rentals | ₹12,136 | -5.3% |
| 2 bed rentals | ₹34,989 | +62.4% |
| 3 bed rentals | ₹48,975 | +0.8% |
| 4+ bed rentals | ₹124,656 | -6.4% |
Over the Apr 2022, the average rent for an apartment in/near Chennai, Tamil Nadu, India increased by 1.6% to ₹46,877.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at ₹12,136 with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you ₹34,989. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for ₹48,975. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around ₹124,656 for a big-family home.
| Rent Type Price | Apr | vs Last Month |
|---|---|---|
| Apartment rentals | ₹37,666 | +2.3% |
| House rentals | ₹63,327 | -8.6% |
| Condo rentals | ₹239,810 | N/A |
Looking at the median rent price for an apartment in Chennai, Tamil Nadu, India, you can note that it remains flat with a price tag of ₹37,666. The median rent for a house is still ₹63,327 with no significant changes this month. Condo for rent is now available for the same pricing as previously — ₹239,810.
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