Mumbai, previously known as Bombay, is the state capital of Maharashtra in India. With a population of roughly 18.41 million people, Mumbai is the second most populous city after Delhi, drawing people from all over the globe. The city’s location on the western coast results in a hot and humid environment. It is India’s financial, entertainment, and commercial center. Three UNESCO World Heritage sites are located in Mumbai: the Chhatrapati Shivaji Maharaj Terminus, the Elephanta Caves, and Victorian and Art Deco structures. To mention a few, the city’s center includes Marine Drive, the Gateway of India, Essel World, and Kanheri Caves. The city is well linked by train, road, water, and air, and it also provides a variety of services.
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Borivali
Current real estate data explains Borivali maintains its status as Mumbai’s primary residential district. It is an ideal location for persons working near CST since the train ride takes about 45 minutes. It is known as the “suburb of gardens” and is one of the city’s contemporary attractions. Borivali offers it everything, from schools, colleges, and hospitals to eateries. Borivali is quickly becoming the most cheap place to reside in Mumbai due to the presence of strong social infrastructure, business centres, and connectivity. Borivali railway station is an important station since it serves as the starting point for both local and outstation trains. This makes it easier for regular travelers to commute. The neighborhood is readily accessible through a variety of modes of transportation, including buses, taxis, and auto-rickshaws. It is one of Mumbai’s most affordable neighborhoods.Here are some rental homes in Borivali.
Borivali
Rent: 1RK 11,000/month
1 BHK 15-20k/month
Necessary Social Amenities in the proximity:
- Namdar Gopal Krishna Gokhale High School, Don Bosco High School, and M.J. Junior College of Science are among the educational institutions in Borivali West.
- Entertainment: Fish Park, Kanhere caves
- Hospitals: Apex Autospecialty hospitals
- Malls: Zone mall
- Parks include the Sanjay Gandhi National Park and the Veer Savarkar Udyan.
Kandivali
Khandolee, formerly Khandolee, is situated in North Mumbai. It is situated on Mumbai’s outskirts and is quickly becoming a popular destination for new home purchasers. Built in 1907, the railway station is centuries old. It is one of the busiest stations on the Mumbai suburban railway’s western line. Kandivali has medical services for the elderly, local stores for housewives, and amusement and leisure spaces for family and friends. It has excellent connections to both international and domestic airports. Both airports are around 14 kilometers from Kandivali. Mahindra Life Spaces has expanded its footprint in Kandivali, making it an attractive buying location. Kandivali is served by the Goregaon-Mulund Link Road, which links the western and center areas. Kandivali is one of Mumbai’s more cheap neighborhoods. Here are some Kandivali homes for rent.
Read more about the cheapest places to live in Hyderabad in 2023.
Kandivali
Rent: 1RK 10-15k/month
1 BHK 20-25k/month
Necessary Social Amenities in the proximity:
- Lady of Remedy High School and St. Joseph’s High School are two educational institutions.
- Keddington-based Time Zone Entertainment Pvt. Ltd. provides entertainment.
- Hospitals: Shatabdi, Aastha
- Malls: Growell’s 101, Xth Central mall
- Parks: Evershine dream park
Malad
Malad has absolutely everything under the sun. It boasts a wide range of dining alternatives, from street food to fancy hotels. Because it is a center for MNCs, Malad mostly draws the working-class demographic. Malad is recognized as Mumbai’s most affordable residential neighbourhood. The need for home hubs and adequate lodgings for the high and middle classes is increasing.
Read: Process of Renting Out a Home in India
Malad is linked to other major cities through the SV Road, Link Road, and the NH-8 Ferry. Ferry service to Gorai, Manori, and Versova is available from Malad. Furthermore, Malad West is just 12.2 kilometers away from the Chhatrapati Shivaji International Airport.
Because it is flanked by major corporate hubs from Goregaon (HSBC Corporate Office, Lotus Corporate Park), Dindoshi (Reliance Energy and R Tech Park), and Andheri (Solitaire Corporate Park, LDS Infotech Pvt Ltd, Boston House), Malad draws the working-class element. Here are some Malad apartments for rent.
Malad
Rent: 1RK 10-15k/month
1 BHK 15-20k/month
Necessary Social Amenities in the proximity:
- Billabong High International School is an educational school.
- Every Monday along Zakaria Road, there is entertainment at Timezone at Somwari Bazar.
- Hospitals: Thunga, Sanjeevani
- Malls: Inorbit mall, Infiniti mall
- Parks include the BMC Garden, Godzilla Park, and Upper Govind Nagar Park.
- Call centers, KPOs, and corporate offices in and surrounding Mindspace.
Ghatkopar
If you’re searching for a cheap area to reside in Mumbai, Ghatkopar is the place to be! It is one of Mumbai’s oldest settlements. The Ghatkopar metro station links it to the rest of Mumbai, making it convenient to go to and from work. It has a solid social infrastructure, which includes residential, commercial, sporting, and educational facilities. The Ghatkopar railway station is on the Central railway line. The Mumbai Metro project has launched the Versova-Andheri-Ghatkopar metro line, which will feature a double line with a map that will employ the normal trains with 12 high stations. Once the project is completed, the travelers will only have to spend 20 minutes instead of the current 70 minutes. It is believed to be one of the most affordable neighborhoods to reside in Mumbai.Click here to find apartments for rent in Ghatkopar.
Ghatkopar
Rent: 1RK 15-20k/month
1 BHK 20-25k/month
Necessary Social Amenities in the proximity:
- Garodia International Centre is an educational institution.
- Entertainment: Kidzania
- Hospitals: Ruby Eyecare
- Malls: R City Mall
- Parks: LBS joggers park
Kurla
It is regarded to be the core of Mumbai and is rapidly redeveloping. Kurla’s population ranges from slums to upper-class portions. It is easily accessible from both the airport and the train station. Darul Uloom Mehboob-e-Subhani, Sai Baba Temple, Holy Cross Church, GanpatiMandir, Masjid W Madrasah Markazudawa, Kurla & Holy Cross Catholic Church, and others can be found in and near Kurla. To rent a flat in Kurla, please click here.
Kurla
Rent: 1RK 10-15k/month
1 BHK 20-25k/month
Necessary Social Amenities in the proximity:
- Kohinoor International School and Don Bosco College are two educational institutions.
- Still Water Aquatics – Gallery of Nature Aquariums
- Hospitals include the Khan Bahadur Bhabha Municipal General Hospital, the Arpan General Hospital, and the Fauziya Hospital.
- Malls: Phoenix market city
- Parks: Sahajeevan park, Match Factory Garden
Vikhroli
The real estate sector is known as Vikhroli because of its high-quality social infrastructure, which includes banks, schools, colleges, amusement parks, and commercial organizations. Because it is widely accessible, it is one of the most affordable neighborhoods to reside in Mumbai. Vikhroli has strong transportation links. Lal Bahadur Shastri Road, Agra Road, and the Eastern Express Highway are the main roads that link to Vikhroli. Swimming pools, spas, private theater, courts, fully equipped gyms, gardens, and fine dining restaurants are driving up demand for Vikhroli residential complexes.Click here to find vikhroli apartment rentals.
Vikhroli
Rent: 1RK 10-15k/month
1 BHK 15-20/month
Necessary Social Amenities in the proximity:
- St. Joseph’s High School and Asmita Law College are two educational institutions.
- Entertainment: Vikhroli Social,
- Godrej Memorial Hospital and L H Hiranandani Hospital
- Parks include Sambhaji Park and the Gurudev Ravindranath Tagore Udyan.
Chembu
Chembur is a desirable residential neighborhood since it provides excellent connections as well as jobs, social infrastructure, and industrial centers. Chembur is 15 kilometers from the airport and 6 kilometers from the closest train station. It is regarded as Mumbai’s most affordable residential region. One of the main reasons people move to Chembur is for its accessibility. It links Navi Mumbai to Central Mumbai, and the Eastern and Western express highways are a boon to innumerable travelers, making their lives a bit simpler. Chembur is home to various attractions, including the Tata Institute of Social Science, Diamond Garden, and Dr. Ambedkar Garden. Chembur is well-known as an IT and software centre, home to companies like as Petroleum Corporation Limited, Bhabha Atomic Research Centre, Hindustan Petroleum Corporation Limited, The Tata Power Company Limited, and many more. RK Studios is situated in Chembur for all Bollywood enthusiasts.Click here to find apartments for rent in Chembur.
Chembur
Rent: 1RK 10-15k/month
1 BHK 25-30k/month
Necessary Social Amenities in the proximity:
- Educational institutions: St Gregorios High School
- Entertainment: Carnival IMAX Multiplex
- Zen Multi Speciality Hospital and Apollo Spectra Hospitals are two hospitals.
- Malls: K Star Mall, Cubic Mall
- Parks: Ambedkar Garden, Chimni Garden
Airoli
Airoli is a well-known residential and commercial district in Mumbai, and it is well-connected with Thane through the Kalwa bridge and Mulund by the Mulund-Airoli bridge, making it one of the most accessible areas in the city. cheapest places to live in Mumbai . Because of the cheap cost of renting or owning a home, Airoli is a popular residential area for middle-class families and students. Another benefit of this location is that it is an educational center with all of the necessities of modern life within walking distance.
Necessary Social Amenities in the proximity:
- Educational establishments include Datta Meghe World Academy, Dayanand Anglo Vedic Public School, Vibgyor High School, and others.
- Thane Creek Flamingo Sanctuary, The Mint Leaf, PubG gaming location Airoli Sec 5, Chinchawali Garden, and others provide entertainment.
- Criticare Hospital, Rainbow Multispecialty Hospital, and a Trauma Center
- Malls include Oerlikon Trade Place Private Limited, Rock Point, and others.
- Parks include the NMMC Park, Newa Garden Park, Yashwant Rao Chavan Garden, Rajiv Gandhi Garden, and others.
Thane
Thane is a thriving, well-developed residential area of the city, with a profusion of well-known schools, retail malls, hospitals, entertainment venues, and other facilities. Thane is well linked to the rest of the city by bus, rail, and metro services. Thane is well-known as the cheapest residential area in Mumbai.
Necessary Social Amenities in the proximity:
- Educational establishments include D.A.V. Public School, Hiranandani Foundation School, Sulochanadevi Singhania School, and others.
- Datiwali Lake, Hariyali Lake, Suraj Water Park, and other attractions
- Hospitals include Siddhivinayak Hospital (Multi Specialty), Bethany Hospital, and others.
- Malls include Amrapali Shopping Center, Infinity Shopping Arcade, Korum Mall, and others.
- Parks include Community Park, Thane Mahanagar Palika, and others.
Panvel
Panvel is one of the most popular and preferred residential areas in Navi Mumbai due to the presence of several small cottage enterprises. Panvel is also well-served by local buses, autorickshaws, and other kinds of transit. This region will become more rich in the near future. Panvel is also an excellent place to live for individuals who appreciate being in the center of nature, with attractions such as Karnala Fort, Adai Waterfalls, Bird Sanctuary, and Camping in Kalavantin Pinnacle.
Necessary Social Amenities in the proximity:
- Shantiniketan Public School, New Horizon Public School & Penguin Kids, K.E.S. English Medium High School, and more educational institutions
- Adai Waterfalls, Wonders Park, Karnala Fort, ISKCON Kharghar, and other attractions.
- Hospitals include Panvel Hospital, Paramount Hospital, and others.
- Malls include Orion Mall, Mahalaxmi Mall, Glomax Mall, and others.
- Parks include Kamothe Park, CIDCO Park, Govind Sagar, and others.
Powai
Powai is a tiny village on the beaches of Powai Lake that is surrounded by the hills of the Vikhroli Parksite region. This area is well-known for its educational establishments and companies. cheapest area in Mumbai for pupils. Powai gathers tens of thousands of devotees every year during Ganesh Chaturthi for the ‘Visarjan.’ This area is also well-connected to the rest of Mumbai through autorickshaw and local bus service; in your leisure time, you may visit various ancient temples and lakes. It will not cost you much since it is one of Mumbai’s cheapest areas .
Necessary Social Amenities in the proximity:
- Educational establishments include Bombay Scottish School, S. M. Shetty High School, Smiles Fun School, and others.
- Devi Vageshwari Mata Temple, Suvarna Temple, Forest Park, and other attractions provide entertainment.
- Hospitals include the Dr. L.H. Hiranandani Hospital and the IIT Bombay Hospital.
- Galleria Shopping Mall, Powai Plaza, Classic Super Store, Heera Panna Shopping Centre, and more malls.
- Parks include the M.C.G.M. Nirvana Park, the Heritage Garden, the Deer Park, and the Raheja Vihar Jogging Park.
Shahapur
Shahapur has several hiking spots and ancient temples, making it a popular residential area for sports enthusiasts and traditional people. This site is also well-known for being a significant water supplier to Mumbai, with four enormous dams delivering more than 2900 megalitres of water daily. Shahapur is also well-connected to the city’s main regions through local trains, buses, and taxis. It is one of the places where you may spend your free time.
Necessary Social Amenities in the proximity:
- G. V. Khade Vidyalaya, P.S. Deshmukh School, M.N Barora Vidyalaya, and more educational institutions.
- Modak Sagar, Mahuli Fort, Aajoba Parvat, Bhatsa Dam, and other attractions.
- Hospitals include Arya Hospital, Saibaba Multi-Specialty Hospital, and Trauma Care Center, among others.
- Malls include High Street Phoenix, Infiniti Mall Malad, Prime Mall, and others.
- Parks include Shivaji Park, Joggers Park, Rotary Park, and others.
FAQ’s
What is the average cost of renting in Mumbai?
Apartments in Mumbai range in price from INR 6,000 to 40,000 per month, depending on the number of bedrooms.
What is the average cost of transport in Mumbai?
The typical commute in Mumbai costs between Rs.1,000 and Rs.3,000 per month, depending on the distance and mode of transportation used.
What is the average cost of food in Mumbai?
The average cost of food in Mumbai is between Rs. 3,000 and Rs. 25,000 a month, depending on the number of family members and whether you hire a chef or do it yourself.
What are the average utility expenses in Mumbai?
In Mumbai, the typical monthly utility bill might range between Rs 2,000 and 3,000.
What are the cheapest locations to stay in Mumbai?
For economical homes with all the appropriate living facilities nearby, you may select from Goregaon, Thane, Navi Mumbai, Kurla, Sion, Saki Naka, Mulund, Chembur, Dahisar, and more.
What salary is needed to live comfortably in Mumbai?
What kind of income is required to live comfortably in Mumbai? Your monthly wage should range between Rs 40,000 and Rs 60,000, depending on your style of life.
Is 25k enough to live in Mumbai?
Ans: If you opt to reside in Mumbai’s suburbs, you will require an average of 40k-50k per month, which will include your home rent, which will range between 18k and 25k for a 1/2 BHK. Rent alone for a 1RK in South Mumbai will vary between 15k and 20k. Q6.
Is Mumbai a cheap place to live?
Mumbai’s cost of living is expensive since it is a metropolitan metropolis. Bachelors on a sharing basis should expect to pay between 20,000 and 25,000, couples between 25,000 and 45,000, and families with one child between 30,000 and 50,000.
Can I survive in Mumbai with 25k salary?
And the answer is unequivocally yes. I know many families whose monthly salary is less than $10,000 or $15,000, and they live in leased flats or chawl rooms to make ends meet. It all depends on the lifestyle you choose. With this pay, you cannot expect a high level of living.
