Finding houses for rent near me is not a difficult task anymore. You can easily seek out rooms to rent near me or rental properties near me online with the help of leading platforms for this purpose.
The Indian rental housing market is expected to grow leaps and bounds with timely measures taken by the Central Government such as the Model Tenancy Law along with other incentives for homeowners and investors alike. Some of the key facts regarding the rental housing market at present are given below for your perusal:
- With rapid urbanization and migration to major Indian cities along with increasing costs of homeownership, rental housing could boom over the next couple of years in India as per reports.
- Based upon the Census of 2011, urban households on rentals crossed more than 21 million, making up a whopping 20% of the number of homes in urban India.
- Close to 80% of the rental housing market in India is majorly focused on urban centers as well.
- The share of the urban population in India has gone up by more than three times to 34% currently as compared to 10% in the 1900s.
- Annual growth of inter-state migration is estimated to stand at approximately 9-10 million on an annual basis.
- Costs of homeownership on the other hand, have increased by roughly 5% over the last few years in terms of the compounded annual growth rate (CAGR).
Naturally, these findings clearly indicate growing demand for rentals amongst those migrating to major cities in search of employment or even for higher education along with a large section of the professional classes who have transferable jobs. This clearly points to a rental boom over the next 2-3 years and this has made it possible now to readily find homes on rent online with the right platforms at your beck and call.
Flats to Rent Near Me
There are tons of choices that you have when it comes to finding the best homes for rent near me. These include the following:
| Property Type | Available Choices |
| Apartment Near Me (Rental) | 1 BHK, 2 BHK, Studio, 3 BHK, 4BHK, Penthouse, Duplex among other apartments for rent near me |
| Service Apartments Near Me | Available in various configurations and they come with services akin to hospitality establishments, i.e. cleaning, maintenance, meals and so on. |
| Independent House for Rent Near Me | There are a variety of homes for rent near me online and you can look up online listings for houses & apartments for rent in India. You will find a house for lease near me in 1, 2, 3 or 4 bedroom configurations. Bathrooms, extra space, amenities, et al may vary, depending upon your preferences. |
A good way to find the best rentals is to look up rental listings in your neighborhood online along with other rental listings across leading property search and discovery platforms, particularly those which have a time-tested reputation and provide cutting-edge rental solutions in major Indian cities.
BHK for Rent
You can always opt for the following configurations for your home rental search:
- 1 BHK Near Me– There are plenty of options pertaining to a 1 BHK for rent near me which are mostly preferred by couples, individuals and even smaller families. You will readily find a 1 BHK house for rent near me at your desired price point online. A 1 BHK flat for rent near me may hover anywhere between Rs. 5-25,000 every month by way of prices, depending upon the location or even more. A 1 BHK flat near me may be sized anywhere between 200-400 sq. ft. on an average or slightly lesser/higher as well.
- 2 BHK Flat Near Me– You will find several options pertaining to a 2 BHK flat for rent near me. In fact, 2 BHK house for rent near me options will usually span anywhere around 450-800 sq. ft. on an average or slightly higher, depending upon the project, city, location and other parameters. You will find options for a 2 BHK flat near me for rent anywhere between Rs. 7-30,000 per month or even less/more, depending upon the city, provider, location, amenities and several other factors.
- 3 BHK apartments– You can readily find rental options for well-furnished and spacious 3 BHK apartments in major Indian cities. These may be sized anywhere between 850-1250 sq. ft. and upwards with rentals hovering anywhere between Rs. 8-50,000, depending upon the location, preferences, amenities, project, city and other parameters.
There are of course independent houses that you can consider on rent along with duplexes, penthouses and serviced apartments as mentioned earlier. Costs and sizes for these categories will obviously vary depending upon your preferences.
Rent Budget
Budgetary limitations should not deter you from finding your dream rental property. You will find tons of options pertaining to rent house near me below 5000 in nearby suburbs or peripheral areas of the city along with other options pertaining to rent house near me below 10000 in key areas that are well connected to several parts of the city and business hubs.
There are choices galore for rent house near me under 15000 or rent house near me below 8000 depending upon your specific preferences. In fact, if you are comfortable commuting from a slightly farther location, you will find options for rent house near me below 6000 or even a house for rent under 3000. All you need to do is search with rent house near me and you will find options galore, depending upon your budget and other preferences. Do remember to check rules pertaining to security deposits, agreement tenure and so on.
Explore other options
There are tons of options worth exploring when you venture out to find a flat for rent or even an independent house. The first thing to check is the maintenance charges and basic amenities. The former should be light on the pocket and reasonable while the latter should include access to basic sanitation, drinking water, electricity, sewage and other facilities. If you have a specific requirement, you can also find fully furnished homes with facilities like 24 hours power backup, fire extinguishers, CCTV surveillance and security features and recreational amenities including children’s park/playground and so on.
You may also find semi furnished homes which come with the essentials and make sure that you enquire accurately as to where the house is located. The location should be convenient enough to give you basic transportation facilities without being too remote or out of the way from your workplace, children’s school/college and other basic social and civic infrastructure. Check the area’s trend over the years with regard to safety, security and infrastructural development prospects. Talk to fellow renters in the area or immediate neighbors for a better idea.
You can also find serviced apartments for rent which come with round the clock maintenance, service and other facilities albeit at a premium/slightly higher price point. Make sure that you check all the agreement points carefully. There are several types of units available including beach houses and other independent house for lease including bungalows and villas that you can access on house rental websites. There are homes with mountain, garden, lawn, river, lake or greenery views that you can also check out in your preferred locations.
Some of the top choices for you include the following:
These are certainly some of the best options in Chennai city while you can find similar options available in various rental hubs and leading localities of other major Indian cities and towns online.
FAQ
How to search for a flat/house on rent in top cities?
You can simply search for the best flats or houses on rent in major Indian cities by venturing online and filtering your search based on parameters like your budget, preferred city, location and other basic aspects that you desire.
What amount do houses rent for in your area?
The house rent varies, depending upon the location in question. You will have to search online and check out current rentals for several localities.
Is it a good idea to rent a house?
It is definitely a good idea to rent a house for the lower cost of ownership along with better convenience if you have a transferable job, have recently shifted to a city, do not wish to be tied down to any property in a particular city and do not wish to make a huge financial commitment by purchasing a home or taking out a big home loan for the same.
How are the house rents like in Top Cities?
House rents may vary from one city to another and also across locations. In any case, they may range anywhere between Rs. 5,000 and Rs. 1 lakh per month and even higher/slightly lesser, depending upon parameters like the location, amenities, city, rental solutions provider and several other factors.
What are the best sites to find furnished rentals?
You can check out the best furnished rentals at Square Yards which has a vast collection of similar properties in all major Indian cities.
Which is the best app to find a rented house in India?
Square Yards could be a great app where you can find the best rented houses in the country at competitive rates and with highly strategic locations.
What is the best way to rent a house?
You can visit Square Yards and view the array of rental properties on offer. Once you have finalized a rental property, you can choose to contact the owner directly through the site or app itself. The WhatsApp option is also provided for greater comfort. You can also contact real estate experts for greater assistance in this regard.
How do I apply for a rental house?
You have to visit Square Yards and apply for a rental house of your liking by contacting the owner or using the WhatsApp option. The company has expert guidance available for you as well in order to finalize things smoothly.
How to find affordable flats for rent in New Delhi?
Square Yards has the biggest and best collection of affordable flats for rent in New Delhi in diverse locations and at prices that match every budget.
You can thus find the best rental property online without any hassles whatsoever. From rental accommodation and flats to independent houses, villa rentals, commercial rentals and even vacation rentals, Square Yards is one of the best rental property websites worth visiting in this regard. Find everything you need here including expert guidance, a vast database of rental properties across all major Indian cities and locations, help for finalizing the deal and options for directly reaching out to the owner and completing the process likewise.
