Mumbai Rent Data
What Does Rent Actually Look Like Across Mumbai?
A citywide 2BHK figure hides more than it tells you — the real picture is a spread from premium South-adjacent addresses to value-oriented satellite corridors.
Updated 2026-07-21
Why there's no single "average rent" worth quoting
Mumbai's rental market spans roughly a 3.5x range between its most and least expensive residential corridors covered here, which makes any single citywide average close to meaningless for actually budgeting a move. The figures below are Fia's estimated 2BHK rent ranges by area, refreshed quarterly and reviewed for plausibility rather than pulled from a single live feed — treat them as a starting orientation for where your budget lands, not a quote for a specific unit.
Estimated 2BHK monthly rent by area (Q3 2026)
| Area | Median rent, 2BHK | Price / sq ft | YoY trend |
|---|---|---|---|
| Worli | ₹135,000/mo | ₹62,000 | +7.5% |
| Bandra | ₹125,000/mo | ₹58,000 | +6.2% |
| Juhu | ₹105,000/mo | ₹52,000 | +5.2% |
| Dadar | ₹75,000/mo | ₹42,000 | +6.5% |
| Powai | ₹72,000/mo | ₹32,500 | +7.2% |
| Andheri | ₹65,000/mo | ₹30,000 | +7.5% |
| Chembur | ₹62,000/mo | ₹31,000 | +7.2% |
| Malad | ₹52,000/mo | ₹26,500 | +7.5% |
| Thane | ₹45,000/mo | ₹20,500 | +8.2% |
| Navi Mumbai | ₹42,000/mo | ₹18,500 | +9.5% |
Data as of Q3 2026. Actual rents vary significantly by specific building, floor, and furnishing within each area. Confirm current asking rents for your target building before budgeting.
What works in your favour when renting here
FIFSCORE™ reads your situation against this rental market rather than grading corridors — and on Mumbai's numbers there is less to grade than people expect, since rent tracks price closely across the whole range.
What works in your favour here: comparables drawn from the same building or lane rather than the corridor, because a redeveloped tower and a fifty-year-old society sit in the same average; the deposit negotiated as part of the price rather than accepted as a fixed convention; total outlay tested including society maintenance; and an eleven-month agreement read for its escalation and lock-in clauses before signing.
Where scores tend to drop: budgeting on rent alone; assuming the corridor median describes your building; and taking a lower rent in a corridor whose commute you have not actually tested at peak hour.
This table will not serve you if the building applies tenant restrictions — those narrow your real market far more than any price difference between corridors does.
The pattern behind the numbers
The areas at the top of this range (Worli, Bandra, Juhu) share proximity to South Mumbai and dense lifestyle amenities — you're paying for centrality and address as much as square footage. The satellite and outer corridors (Thane, Navi Mumbai) show the fastest year-on-year growth, consistent with the infrastructure and commercial expansion covered in our Navi Mumbai and Thane guides — cheaper today, but closing the gap fastest. If you're weighing a specific pair of neighborhoods against each other, our Bandra vs Andheri and Powai vs Thane comparisons go deeper than a table row.
Check if your rent (or target rent) is fair
These are area-level estimates. For a read on a specific unit, Fia compares it against real recent transactions in that building and micro-market.
Check My Rent →Frequently asked questions
What is the average rent for a 2BHK in Mumbai?
It depends heavily on area — our Q3 2026 estimates range from roughly ₹42,000/month in Navi Mumbai to ₹135,000/month in Worli. There is no single meaningful citywide average given that spread; check the area-level table above for a more useful starting point.
Which Mumbai area has the fastest-rising rents?
Among the areas we track, Navi Mumbai and Thane show the fastest year-on-year rent growth (around 8-10%), reflecting expanding infrastructure and commercial activity in those corridors, even though they remain more affordable than the western suburbs today.
Are these rent figures based on live listings?
No — they're quarterly-refreshed estimates reviewed for plausibility against known market patterns, not a real-time scrape of listings. Treat them as a directional starting point and confirm current asking rent for any specific building before committing.