Flats for Rent Under ₹40,000 in Parel, Mumbai
Flats under ₹40,000 in Parel, Mumbai: median ₹28,250 a month across 66 listings, 62% posted by owners.
Flats under ₹40,000 in Parel, Mumbai: median ₹28,250 a month across 66 listings, 62% posted by owners. Updated 10 November 2026
₹28,250Median rent · 66 listings
₹16,000–₹37,000Typical range
62%Owner-posted
Rent by configuration
| Configuration | Median rent | Typical range | Listings |
|---|---|---|---|
| 1 BHK | ₹30,000 | ₹12,000–₹38,000 | 33 |
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Frequently asked questions
What is the median rent for flats under ₹40,000 in Parel, Mumbai?
₹28,250 a month (range ₹16,000–₹37,000), from 66 listings seen in the last 60 days.
How many flats under ₹40,000 are available in Parel, Mumbai?
66 deduped listings across 6 sources, 62% posted by owners.