Synopsis: With rental prices increasing across the city, finding a affordable 1 BHK in the IT corridors is becoming increasingly difficult. Here are a list of neighborhoods where tenants can still rent a decent apartment for under ₹18,000 without compromising too much on connectivity and lifestyle.
Finding apartments that are under ₹20,000 a month has become increasingly difficult year by year. With the rising cost of rent, finding a budget-friendly area is essential for anyone who wants to live in Bengaluru. It has increasingly become difficult to rent an apartment without having to spend a fortune of money every month. Fortunately, there are many areas in Bengaluru where rent costs are low and fall under the ₹20,000 / month mark. With many of these areas having good infrastructure and connectivity, here are some of the cheap places you can rent in Bengaluru
BTM Layout – South Bengaluru
It is a popular area among many IT professionals due to its proximity to Koramangala and Electronic City. It has many PGs, shared flats and apartments, making it one of the cheapest areas to live in.
- Average Rent rates: ₹10,000 to ₹17,000 / month.
- Key Area Details:
- Connectivity: It is located between Koramangala and Electronic City, areas with many cities being located there. It also has its own metro station on the Yellow Line.
- Amenities: It has many restaurants and cafes located in the area. It also has Forum Mall and other shopping malls.
Electronic City – South Bengaluru
It has top IT businesses in Bangalore, including Infosys and Wipro, which have established office complexes here. Many IT professionals choose to live here. It is perfect for those who work in the neighbourhood because it eliminates the need to travel through severe traffic to get to work.
- Average Rent range: ₹9,000 to ₹12,000/ month
- Key Area Details:
- Connectivity: It is connected to an excellent road network via the Elevated Expressway to Silk Board. It is also connected to the metro through the yellow line.
- Amenities: It has major tech parks with many companies having their headquarters there. It also has numerous hospitals and shopping options.
Whitefield – East Bengaluru
Whitefield has many Big IT businesses that have established office campuses in this neighbourhood. Whitefield is also recognised for its modern living spaces, as it has recently gained popularity. This location is known to have several tech parks.
- Average Rent rate: ₹10,000 to ₹18,000/ month
- Key Area Details:
- Connectivity: It is connected to the metro through its own station on the Purple Line. It is also connected to major roads that connect IT professionals to their offices.
- Amenities: It is home to many tech parks. It has malls, hospitals and international schools in the area.
Also read: Kanakapura vs Devanahalli: Which Bengaluru Growth Corridor Can Deliver Higher ROI by 2031?
Yeshwanthpur – North Bengaluru
It is a well-connected area with affordable housing. It has strong metro and railway connection which connect it with the rest of Bengaluru. Its proximity to the Peenya Industrial Area makes it suitable for working professionals looking for affordable housing in Bangalore with convenient commuting alternatives.
- Average Rent rates: ₹6,000 to ₹10,000/ month
- Key Area Details:
- Connectivity: It is one of the most connected areas in Bengaluru, as it has its own metro station on the green line. It has one of the main railway stations in Bengaluru that is used by millions every year to travel. It is also connected to NH-75.
- Amenities: It has malls, markets and has access to an industrial area, which makes it desirable for working professionals who work in Peenya.
Hebbal
It is known for its easy travel route. Due to its connectivity, it is known for its convenient access to other regions of the city. Staying in Hebbal is ideal for commuting throughout the city. The rent in Hebbal is not too exorbitant, making it one of the perfect areas to settle in.
- Average Rent Range: ₹10,000 to ₹14,000/ month
- Key Area Details:
- Connectivity: It is strategically located as it is connected to Outer Ring Road and Bellary Road. It is also linked to the Kempegowda International Airport. It is part of the BMTC bus network, and there will be a metro station that will be built in the future.
- Amenities: It is close to the Manyata Tech Park and Kirloskar Business Park, making it suitable for working professionals.
Kengeri – West Bengaluru
Kengeri is both an Industrial and residential area. It is the most sought-after area in Bengaluru. It is well-connected, and you can travel to any part of Bengaluru easily using the metro or buses. It is known for offering cheap rental apartments of 1BHK, and many working professionals live here.
- Average Rent range: ₹7,000 to ₹12,000 / month.
- Key Area Details:
- Connectivity: It has a metro station that is connected to the purple line. It also has a railway and bus station that helps them connect with not just other parts of Bengaluru but also Karnataka.
- Amenities: It has many Markets, schools and hospitals, making it convenient.
Nayandahalli – West Bengaluru
Nayandahalli is an emerging locality along Mysore Road known for its low rental costs and improving infrastructure. It is the cheapest and greatest place to reside in Bangalore for individuals looking for affordable housing with good access to other parts of the city.
- Average Rent rate: ₹5,500 to ₹9,500/ month
- Key Area Details:
- Connectivity: It is well-connected through routes such as the NICE Ring Road, Rajarajeshwari Temple road and Gandhi Marg. Mysuru Metro station is also closer to the area, which is on the purple line.
- Amenities: It has many top hospitals, such as Fortis Hospital and has many top educational institutions, such as PES University.
Conclusion
Bengaluru is an expensive city to live in. It does have cheap areas where you can rent apartments, but you need to pick them wisely based on their connectivity and the amenities that suit your needs the most.
Written by Sagar V M
