Median rent for residential apartments in Mumbai, Maharashtra, India as of Jan, 2023.
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.
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7,415 Mumbai, Maharashtra, India apartments for rent
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Housing Trends
How much is an apartment in Mumbai, Maharashtra, India
Average apartment rent in Mumbai: ₹87,562 (-1%)
| Rent Price | Jan | vs Last Month |
|---|---|---|
| 1-bed apartments | ₹30,695 | +2% |
| 2-bed apartments | ₹59,506 | -0.8% |
| 3-bed apartments | ₹117,379 | -3.8% |
| 4+ bed apartments | ₹328,904 | -0.3% |
Over the Jan 2023, the average rent for an apartment in/near Mumbai, Maharashtra, India decreased by 1% to ₹87,562.
Breaking it down in details, we now see that the average price for 1-bed apartment increased by 2% to ₹30,695. Pricing for 2-bed apartment also decreased by 0.8% and a place of this size will now cost you ₹59,506. 3-bed apartment rent pricing starts at ₹117,379, it decreased by 3.8% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 0.3% and made it down to ₹328,904.
| Rent Type Price | Jan | vs Last Month |
|---|---|---|
| Houses for rent | ₹130,776 | +22.1% |
| Apartments for rent | ₹87,060 | -1.3% |
The median rent for an apartment in Mumbai, Maharashtra, India decreased by 1.3% to ₹87,060. Statistics show that house rent price increased by 22.1% this month making it up to ₹130,776.
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