Which is the cheapest place to live in Mumbai? A guide to find an affordable home.

Anand Bathla

1/16/20253 min read

cheap place in mumbai
cheap place in mumbai

Mumbai, often referred to as the "City of Dreams," is one of India’s most vibrant and expensive cities. Known for its fast-paced lifestyle and endless opportunities, finding affordable housing in Mumbai can be challenging. However, there are areas that offer budget-friendly living without compromising on essential amenities. In this article, we’ll explore some of the cheapest places to live in Mumbai and what makes them suitable for cost-conscious residents.

1. Nalasopara

Located in the northern suburbs of Mumbai, Nalasopara is known for its affordable housing options.

  • Average Rent: ₹5,000 - ₹10,000 for 1BHK

  • Why It’s Affordable: Nalasopara is a growing locality with relatively low property rates compared to central Mumbai. It’s well-connected via the Western Railway line, making it a viable option for commuters.

  • Amenities: Schools, markets, and healthcare facilities are easily accessible.

2. Virar

Virar is another northern suburb offering economical living spaces.

  • Average Rent: ₹6,000 - ₹12,000 for 1BHK

  • Why It’s Affordable: Virar is part of the extended suburbs, making it less crowded and more budget-friendly. It is also a hub for affordable housing projects.

  • Amenities: Beaches, parks, and shopping complexes add to the quality of life.

3. Mira Road

Mira Road, located on the outskirts of Mumbai, is a popular choice for affordable living.

  • Average Rent: ₹10,000 - ₹18,000 for 1BHK

  • Why It’s Affordable: Although Mira Road has seen significant development, it remains cheaper than areas closer to the city center. It’s connected to the Western Railway line and has a good mix of residential and commercial spaces.

  • Amenities: Malls, schools, hospitals, and recreational centers.

4. Kalyan-Dombivli

Kalyan and Dombivli are twin cities in the Thane district, offering cost-effective housing options.

  • Average Rent: ₹7,000 - ₹15,000 for 1BHK

  • Why It’s Affordable: These areas are located in the Mumbai Metropolitan Region (MMR) and have lower property rates due to their distance from central Mumbai.

  • Amenities: Good schools, healthcare facilities, and proximity to industrial hubs.

5. Panvel

Panvel, located near Navi Mumbai, is an emerging affordable residential area.

  • Average Rent: ₹8,000 - ₹14,000 for 1BHK

  • Why It’s Affordable: Panvel is a developing area with upcoming infrastructure projects like the Navi Mumbai International Airport, which may increase its appeal in the future.

  • Amenities: Peaceful surroundings, educational institutions, and connectivity via the Mumbai-Pune Expressway.

6. Badlapur

Badlapur is a rapidly developing suburb in the Thane district.

  • Average Rent: ₹5,000 - ₹10,000 for 1BHK

  • Why It’s Affordable: Its distance from central Mumbai keeps property prices low. It’s connected by the Central Railway line, making it a feasible option for daily commuters.

  • Amenities: Basic facilities like schools, markets, and hospitals are readily available.

7. Ambernath

Ambernath is another affordable locality in the Thane district.

  • Average Rent: ₹6,000 - ₹11,000 for 1BHK

  • Why It’s Affordable: Ambernath’s affordability stems from its location in the extended suburbs. It’s ideal for those looking for economical housing with reasonable travel time to the city.

  • Amenities: Industrial areas, schools, and local markets.

Conclusion

While Mumbai is known for its high cost of living, areas like Nalasopara, Virar, Mira Road, and others provide affordable housing options for those on a budget. These localities not only offer lower rents but also essential amenities and good connectivity, making them ideal for students, working professionals, and families. By carefully evaluating your requirements and exploring these budget-friendly areas, you can find a comfortable and economical place to live in Mumbai.

FAQs

1. Which is the cheapest area to live in Mumbai?

Nalasopara and Badlapur are among the cheapest areas in Mumbai, with rents for a 1BHK apartment starting as low as ₹5,000 per month.

2. Is it affordable to live in Mumbai on a budget?

Yes, areas like Nalasopara, Virar, and Kalyan-Dombivli offer budget-friendly housing options while providing essential amenities and good connectivity.

3. What are the rental prices in Mira Road?

In Mira Road, the rent for a 1BHK apartment ranges from ₹10,000 to ₹18,000 per month, making it a relatively affordable option close to the city.

4. How much does it cost to rent a 1BHK apartment in Panvel?

The rental cost for a 1BHK apartment in Panvel ranges between ₹8,000 and ₹14,000 per month.

5. Are suburbs like Badlapur and Ambernath good for families?

Yes, Badlapur and Ambernath are great for families due to their peaceful environments, affordable housing, and access to schools, hospitals, and markets.

6. Which is better for affordable housing: Virar or Nalasopara?

Both Virar and Nalasopara offer affordable housing options. Virar provides a slightly better lifestyle with more amenities, but Nalasopara is generally cheaper.

7. How is the connectivity from Kalyan-Dombivli to central Mumbai?

Kalyan-Dombivli is well-connected to central Mumbai via the Central Railway line, making it a convenient and affordable location for commuters.

8. What amenities are available in budget-friendly areas like Virar and Nalasopara?

These areas offer schools, hospitals, local markets, and access to public transportation, ensuring a comfortable lifestyle for residents.

9. Is Panvel a good place to invest in property?

Yes, Panvel is a good place to invest due to its upcoming infrastructure projects like the Navi Mumbai International Airport and its strategic location near the Mumbai-Pune Expressway.