The Cheapest Places to Live in Bangalore for 2024

Formerly known as Bangalore, Bengaluru is the biggest IT hub in India. A truly metropolitan city, it is also a melting pot of many cultures, religions, and nationalities. It is also the 3rd most populous city in India after Mumbai and Delhi with over 9 million people calling the southern city their home! Known for grand temples, great nightlife, the buzzing crowd, and endless traffic jams, Bengaluru has one of the most highly educated workforces in the world. 

Today, the city is the crown jewel of South India and notoriously known for having a high cost of living. As it is with any IT hub in the world, once the big MNCs come to cities they attract big brands thus inflating the price of real estate. If you are looking for a list of the cheapest places to live in Bengaluru or affordable places, then this list is surely going to help you a lot! 

Malleshwaram 

One of the best well-planned localities on the list also happens to be amongst the cheapest areas in Bangalore for rent. Located in the western suburbs of the city, Malleshwaram is known for some of the best heritage cafes such as Central Tiffin Room and Veena Stores. It is also blessed with great connectivity with areas such as Rajajinagar, Sheshadripuram as well as Kempegowda Bus Terminus.

Rent for 1 BHK In Malleshwaram: Rs. 7200-8000

Social Amenities in the Proximity

Educational institutions: Malleswaram Ladies Association First Grade, Government First Grade College 

Hospitals: Manipal Hospital, K. C. General Hospital

Malls: Mantri Square Mall

Parks: Malleswaram Public Park, Sankey Tank

Kengeri

Located in West Bengaluru, Kengeri is popularly known as the Satellite town of the city due to the development made by the government and the large presence of cyber cafes and Tele booths. The locality enjoys the privilege of being affordable as well as being well connected with Mysore Road and Outer Ring Road, making it the perfect low-rent area in Bangalore. The area has seen an influx of great restaurants and is a popular choice for people looking for affordable places to live in Bangalore and one of the few in West Bengaluru.

Rent for 1 BHK In Kengeri: Rs. 8700-10,000

Social Amenities in the Proximity

Educational institutions: Kengeri Pre University College, Kengeri First Grade College 

Hospitals: PM Santosha College, H.K. Hospital 

Malls: Gopalan Arcade Mall, Gopalan Legacy Mall

Parks: Kengeri Satellite Town Park, K. S. Ashwath Memorial Children Park

Sarjapur

As we move towards the southern side of the city, Sarjapur is definitely one of the best affordable places to live in Bengaluru. Sarjapur has excellent connectivity with business hubs such as Whitefield and Electronic City. This is a great locality to live in if you are a young professional or a family who likes to hang out at multiplexes, malls, supermarkets, and fancy restaurants! With some of the best malls and offices around the area, moroever, Society Maintenance Charges in the area is also reasonable, one can say that this is a good option for the cheapest place to live in Bangalore for IT professionals.

Rent for 1 BHK in Sarjapur: Rs. 9500-11,000

Social Amenities in the Proximity

Educational institutions: ALT Training College, St. Jerome's PU & Degree College. 

Hospitals: Columbia Asia hospital, Swarnamukhi Hospital

Malls: Total Mall, Market Square

Parks: Iblur Park, KPCL Layout Children's Park 

Hoskote

Located in what is famously called Neo Bengaluru, Hoskote is one of the slightly newer localities that is emerging as a good option for good and cheap place for rented flats near Hoskote in Bengaluru. Even though the area is at the intersection of national highways 4 and 207, Hoskote offers superb connectivity with the IT hub and Whitefield station. 2020 is a great time to rent or buy a flat in this locality as the development projects nearby will only inflate the market in the upcoming years. 

Rent for 1 BHK In Hoskote: Rs. 8500-10000 

Social Amenities in the Proximity

Educational institutions: Mahadev PU College, Government First Grade College, Hoskote. 

Hospitals: Ovum Woman & Child Speciality Hospital 

Malls: Narada Enterprises, Farico Silk Kendra

Parks: Hosakote Park

BTM Layout

Bommanahalli, Tavarekere, and Madiwala Layout aka BTM Layout is one of the most popular localities in South Bengaluru, partly due to the modern infrastructure, good connectivity and partly due to the close proximity to ITPL and Electronic city. BTM Layout also has great connectivity with it being less than 15 km away from Bengaluru City Railway Station. BTM layout has a lot of coaching centers and thus is a good option if you’re looking for cheap Rental Localities in Bengaluru For Students & Bachelors.

Rent for 1 BHK in BTM Layout: Rs. 12,000-13,000

Social Amenities in the Proximity

Educational institutions: Alliance University, M.E.S College 

Hospitals: Life Cycle Hospital, Gangothri Hospital 

Malls: Vega City Mall, Gopalan Mall

Parks: Mico Layout Park, BTM Park

Hebbal 

Known mostly for the Hebbal Lake, this locality has become one of the top upcoming residential areas with the cheapest rent in Bangalore. The locality is filled with many residential projects that offer you a good option for any price that is under your budget. Well connected to the other commercial and educational hubs, Hebbal is definitely a locality to look at if you are looking for Affordable Homes on Rent in Bengaluru.

Rent for 1 BHK In Hebbal Lake: Rs. 8500-9500

Social Amenities in the Proximity

Educational institutions: IIBS College, Dairy Science College, Hebbal. 

Hospitals: Bangalore Baptist Hospital, Columbia Asia Hospital

Malls: Esteem Mall, City Center Mall

Parks: Hebbal Lake Park, Anand Nagar Park

Chandapura

Finding itself in the proximity of National Highway 7 (NH7) Chandapura has emerged as a great option to find one of the cheapest places to live in Bengaluru, especially if you are looking to be closer to Electronic City and the IT Hub of the city. With Namma Metro scheduled to start in the area in 2021, now is the best time to find an affordable flat in Chandapura as families and young professionals could easily get a discount on what looks like a good upcoming locality. 

Rent for 1 BHK In Chandapura: Rs. 8200-9200

Social Amenities in the Proximity

Educational institutions: Lorven College of Science & Management, Tapasya Pu College 

Hospitals: Athreya Hospital 

Malls: SRT Mall

Parks: KHB Surya Nagar Park, Nallappa Nursery 

Whitefield 

Named after D. S White, this locality was once famous for Brindavan the epic Sathya Sai Baba Ashram. Today, however, it is a buzzing area with residential and commercial hubs with loads of international brands and malls spread across Whitefield. Having experienced the IT boom and thus the slight real estate boom. Looking at the rental price of a 1 bedroom flat you may still find that the price is on the cheaper side due to the importance of working close to many offices. Overall, Whitefield is surely one of the cheapest areas for rent in Bangalore For IT Professionals.

Rent for 1 BHK In Whitefield: Rs. 12,000-14, 500

Social Amenities in the Proximity

Educational institutions: Deeksha school, MVJ Pu College

Hospitals: Sri Sathya Sai Institute of Higher Medical Sciences, Manipal Hospital 

Malls: Forum Neighborhood, Park Square Mall, Phoenix Mall. 

Parks: Nallurhalli Park, Inner circle municipal park 

Jayanagar 

Jayanagar is the most affordable locality for people who are looking for amazing food joints, supermarkets, and breweries in a middle-class area in Bangalore. A few years ago, DNA Bangalore even named Jayanagar as the ‘Most Livable’ area in the city! Jayanagar is still a very affordable locality in Bengaluru to live in if you know where to find the right properties. Within the proximity of different commercial hubs is an added advantage of living in an affordable flat in Jayanagar.

Rent for 1 BHK In Jayanagar: Rs. 10,700-12,000

Social Amenities in the Proximity

Educational institutions: IBMR IBS College, Noble Group of Institutions

Hospitals: Manipal Hospital, Sagar Hospitals

Malls: Bangalore Central, The High Street Park

Parks: Jayanagar Park, Madhavan Park, Ranadheera Kanteerava Park

Indiranagar 

One of the posh areas in Bengaluru, Indiranagar is famous for having the best of everything from shopping malls and movie halls to breweries and IT companies! If you're wondering why, it is on the list of cheapest and Affordable Rental Localities in Bengaluru then don't be! If you want the best infrastructure and proximity to the best hangout places then finding a relatively cheaper flat on rent in Indiranagar is not that difficult! Indiranagar is the best cheap area to stay in Bangalore

Rent for 1 BHK In Indiranagar: Rs. 13,500-15000

Social Amenities in the Proximity

Educational institutions: Dr. Babasaheb Ambedkar College, Indiranagar Evening College 

Hospitals: Life Cycle Indiranagar Hospital, Chinmaya Hospital, Rashmi Hospital 

Malls: Kheny Plaza, Kaypee Square

Parks: Wood Park, Indiranagar Park

Well, there you have it! We certainly hope that your search for cheap residential areas in Bangalore has ended here! Always remember to check with multiple sources about the current situation before going out and scouting for rental houses and flats in Bangalore. Hope you find a place that suits best to your requirement and have a great stay in Namma Bengaluru. You can search for the cheapest places to live in Bangalore For 2023 on NoBroker and save thousands on brokerage.

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