Archive · 10 Aug 2025
Report: Affordable Rental Housing Areas in Delhi
Finding an affordable place to rent in Delhi can be tricky.
According to a recent report, rents in Delhi have gone up a lot, about 36.8% from last year!
If you're looking for cheaper options, Dwarka Mor and Laxmi Nagar are good places to start, with rents between Rs 13,700 to Rs 16,100 for two-bedroom apartments.
Chhatarpur is another affordable area.
Places like Saket and Mayur Vihar 1 are more expensive.
The most expensive areas are Vasant Kunj and Lajpat Nagar.
The report also shows that the demand for smaller, cheaper flats is higher than the supply, while there are more larger, expensive flats available than people want.
Dwarka Mor and Laxmi Nagar offer the cheapest rental accommodation in Delhi, with rents between Rs 13,700 and Rs 16,100.
Delhi's rental rates have increased by about 36.8% compared to last year.
Chhatarpur is another affordable area, with average rents of Rs 20,500 (2-bedroom) and Rs 37,500 (3-bedroom).
Saket and Mayur Vihar 1 have rents averaging Rs 28,300 for two-bedroom flats.
Vasant Kunj and Lajpat Nagar are the most expensive areas, with rents up to Rs 71,800.
- Who
- The report is from real estate platform Magicbricks.
- What
- A report detailing rental accommodation costs in Delhi.
- When
- The report covers April-June of this year.
- Where
- Delhi
- Why
- To provide insights into Delhi's rental market, including costs and trends.
Demand
Supply
Mismatch in Supply and Demand
Demand
Higher demand for smaller, cheaper rental flats.
Supply
Higher supply of larger, expensive flats.
- Cheapest Areas
- Dwarka Mor, Laxmi Nagar, Chhatarpur
- Most Expensive Areas
- Vasant Kunj, Lajpat Nagar
- Rent Increase
- Approximately 36.8%
- Demand for 10-30K segment
- 59%
- Supply for 10-30K segment
- 33%