Top 5 Affordable Localities in Pune to Rent a Flat in 2022

Top 5 Affordable Localities in Pune to Rent a Flat in 2022

If you are planning to move to Pune for study or work, read the blog for the most affordable places to rent in Pune in 2022. Being the second largest city in Maharashtra, Pune is known as the "Oxford of the East" due to the presence of several well-known educational institutions. Many students from all over India come here for higher education. Also, many multinational companies from different countries have established their headquarters in Pune. After that, many salaried professionals move to Pune every year to earn a living. Therefore, the real estate market in Pune is becoming more and more competitive. He always works hard to meet the housing needs of people who come to the city from different parts of the country every year. Pune is one of the favorite cities in India, especially among young people. Both singles and families choose to move to Pune for the following reasons:

  1. As per a report of 2022, Pune is ranked 5th on the list of safest cities for women in India
  2. Pune is recognized as the second major IT hub in India
  3. Pune is the largest automobile and manufacturing hub in India
  4. Pune has a total of 21 engineering colleges
  5. Pune has the largest number of software companies in India
  6. Pune is home to the highest number of pubs in Asia!

Let us now read about the most affordable localities in Pune to rent a flat in 2022.

Most Affordable Localities in Pune to Rent A Flat

Most Affordable Localities in Pune to Rent A Flat

Katraj - An affordable locality in Pune for young professionals and students

A popular spot for young students and salaried professionals, it is located near NH-4 and connects Kolhapur and Bangalore. Katraj is famous for the Rajiv Gandhi Zoo and Lake Katraj. The lake has an island with a huge statue of the famous warrior and king Chhatrapti Shivaji Mahara. It is a perfect place for all nature lovers to live in the midst of greenery. Katraj offers affordable apartments because students and young professionals dominate the area. Also, it is close to the Swargate Bus Station, which is the central point for public buses that run all over Pune every day. Nearby Social Amenities of Katraj: 

  • Educational institutions: Sarhad School, HuzurPaga School, Sant Tukaram English Medium School, National Public School, Sinhgad College of Kondhwa, Jaikranti College
  • Hospitals: Jeevandhara Multispeciality Hospital, Sai Sneh Hospital and Diagnostic Center, Bhakare Super Speciality Hospital and Research Institute
  • Malls: Kadam Plaza

Rentals in Katraj: Explore residential places to rent in Katraj.

1BHK Rent Rs. 7,200 to Rs. 8,400 per month
2BHK Rent Rs. 8,000 to Rs. 15,000 per month
3BHK Rent Rs. 15,000 to Rs. 25,000 per month

Hinjewadi - the IT Hub and an affordable localities in Pune

Hinjewadi is the IT hub in Pune and is popular with young professionals. The Hinjewadi IT hub has led to the rapid growth of Pune. It is packed with young professionals who prefer to live in a shared flat, making it one of the cheapest areas to rent an apartment in Pune. Also, there are many PGs and co-living spaces available at cheap prices for students in Hinjewadi. Hinjewadi is located in the northwest of Pune, which is also full of restaurants, entertainment, and shopping areas.   Hinjewadi Nearby Social Amenities of Hinjewadi: 

  • Educational institutions: VIBGYOR High, Pawan Public School, Blue Ridge Public School, International Institute of Information Technology, Alard College of Engineering and Management
  • Hospitals: Sanjeevani Multispeciality Hospital, Hinjewadi Hospital, Ayushree Hospital, Ruby Hall Clinic
  • Malls: Grand Highstreet Mall, Fountain Market

Rentals in Hinjewadi: Explore residential places to rent in Hinjewadi.

1BHK Rent Rs. 8,000 to Rs. 14,000 per month
2BHK Rent Rs. 15,000 to Rs. 22,000 per month
3BHK Rent Rs. 22,000 to Rs. 30,000 per month

Dhankawadi offers affordable localities in Pune and best colleges

The best housing colleges in Pune, Dhankawadi in Pune which attracts a large number of students every year. Located near NH4, Dhankawadi offers PGS and apartments for rent to share. Today Dhankawadi was a small town, a developed urban area and well connected to other parts of Pujne due to its proximity to the Swargate bus station. Dhankawadi is surrounded by the famous Katraj Lake and Snake Park, allowing all students to enjoy nature while reading their favorite books. Dhankawadi Nearby Social Amenities of Dhankawadi: 

  • Educational institutions: Priyadarshini English Medium School, Bharati Vidyapeeth English Medium High School, Swaraj College of Commerce and Computer Studies, Sudarshan College Of Management And Research
  • Hospitals: Bharati Hospital, Suyog Hospital, Pawar Multispeciality Hospital & Diagnostic Center Pvt Ltd
  • Malls: Subham Plaza

Rentals in Dhankawadi: Explore affordable flats to rent in Dhankawadi.

1BHK Rent Rs. 5,800 to Rs. 15,000 per month
2BHK Rent Rs. 15,000 to Rs. 20,000 per month
3BHK Rent Rs. 20,000 to Rs. 25,000 per month

Warje - an affordable localities in Pune next to Kothrud

Warje is located on the banks of the Motha River, 12 km from the city center. Previously Wargi was farmland, today it is a developed area of Pune. Warg is known as the "spiritual expanse" of Kothrud, which is one of the most expensive areas in Pune. Located near the National Defense Academy (NDA), Warje attracts many people from all over the country for training purposes. Also, due to the affordable residential areas present in Warje, many people prefer to rent a house here. Nearby Social Amenities of Warje: 

  • Educational institutions: Aaryans World School, Sahyadri National School, Bombay Cambridge School, Sanskar Mandir Sansthas Arts & Commerce College, Modern College of Arts, Science and Commerce
  • Hospitals: Mai Mangeshkar Hospital, Chaitanya Hospital, LFG Cares Shree Hospital, Anand Hospital
  • Malls: JVA Mall

Rentals in Warje: Explore affordable flats to rent in Warje.

1BHK Rent Rs. 11,000 to Rs. 16,000 per month
2BHK Rent Rs. 15,000 to Rs. 20,000 per month
3BHK Rent Rs. 20,000 to Rs. 25,000 per month

Bhosari - an upcoming and affordable locality in Pune

Bohsari is an ideal up and coming area for those who want to get away from the hustle and bustle of city life. Bhosari is the most popular district in Pimpri Chichwad and it is developing at a fast pace. Also, Bhosari is a popular industrial area in Pune and hosts some of the famous industries such as Tata Motors, Thermax, MIDC, etc. Salaried professionals prefer to live here for the reasonable prices and proximity to the industrial area. Nearby Social Amenities of Bhosari: 

  • Educational institutions: Priyadarshani School, Master Mind Global School, Priyadarshani School, Sidheshwar High School, Pawana Shikshan Prasarak Mandal Art's And Commerce College, Rajmara Jijau College
  • Hospitals: Anand Multispeciality Hospital, Shree Multispeciality Hospital, Sabales Superspeciality Hospital, Pataskar Hospital
  • Malls: M Mart Mall, Indrani Mall

Rentals in Bhosari: Explore affordable flats to rent in Bhosari.

1BHK Rent Rs. 9,000 to Rs. 17,000 per month
2BHK Rent Rs. 17,000 to Rs. 25,000 per month
3BHK Rent Rs. 25,000 to Rs. 30,000 per month

Summing up affordable areas of Pune

As you may have discovered by now, Pune is a safe, lively city and great for living with friends and family. The above list of the most affordable rental areas in Pune will help you find the right place near your university, school or office.

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