10 Affordable Places to Live in Bangalore

Bangalore is a bustling metropolis that attracts individuals from all over the country due to its thriving job market and vibrant lifestyle. However, the rising cost of living can be a significant concern for many, particularly students and young professionals. Fortunately, the city offers numerous affordable housing options in various locations that allow you to enjoy the best of Bangalore without breaking the bank. This article will help you discover the cheapest place to live in Bangalore, highlighting areas known for their low rents and essential amenities, making it easier for you to find your ideal home.


Factors to Consider When Choosing a Budget-Friendly Residential Area

Before diving into the list of affordable areas in Bangalore, consider these factors to help you make an informed choice:

  • Proximity to Work or Study: Choosing an area close to your workplace or college can save you commuting time and money.

  • Public Transport Accessibility: Look for locations that are well-connected by BMTC buses or the metro.

  • Availability of Essential Services: Ensure the area has access to groceries, hospitals, and other essential services nearby.

  • Safety and Security: Choose a safe locality, especially if you’re new to Bangalore.

  • Quality of Accommodation: While affordability is essential, the quality of housing shouldn’t be compromised. Check for well-maintained apartments or rooms in your budget.

Top 10 Cheapest Place to Live in Bangalore

Here’s a list of the top 10 cheap and best areas to live in Bangalore. These areas are known for their affordable rents and basic amenities, making them suitable for people looking for budget-friendly living options

1. BTM Layout

  • Overview: BTM Layout is a vibrant area popular among young professionals and students due to its proximity to tech hubs like Koramangala and Electronic City. This area has a mix of budget-friendly accommodations, making it one of the cheapest areas in Bangalore for rent. It’s filled with eateries, shopping centers, and good connectivity.

  • Average Rent Range: ₹8,000 to ₹12,000 for a 1BHK.

  • Pros: Good connectivity, a variety of affordable eateries, and all essential amenities.

  • Cons: Some parts can get crowded due to their popularity.

2. Yeshwanthpur

  • Overview: Yeshwanthpur, located in North Bangalore, is well-known for its affordable rentals and proximity to the Yeshwanthpur railway station. It is close to the Peenya Industrial Area, making it convenient for people working there. The area is well-connected by metro and BMTC buses, making it easy to commute to other parts of the city.

  • Average Rent Range: ₹6,000 to ₹9,000 for a 1BHK.

  • Pros: Well-connected by public transport and proximity to the metro station.

  • Cons: Certain places can be noisy due to industrial activities nearby.

3. Kengeri

  • Overview: Kengeri offers a peaceful suburban environment at affordable prices. Located on the southwestern edge of Bangalore, it has good road connectivity and is popular among those who prefer a quieter place away from the city’s hustle. The area has recently seen development, attracting more budget-friendly residential options.

  • Average Rent Range: ₹6,000 to ₹8,000 for a 1BHK.

  • Pros: Spacious and quiet environment, cheaper than central locations.

  • Cons: A bit far from central Bangalore and tech parks.

4. Nayandahalli

  • Overview: Situated near Mysore Road, Nayandahalli offers affordable housing and a convenient location for those commuting along Mysore Road. Its budget-friendly rentals and good connectivity make it popular among students and professionals. While it has fewer amenities than central areas, it’s well-connected to major routes.

  • Average Rent Range: ₹5,000 to ₹9,000 for a 1BHK.

  • Pros: Affordable rent and convenient access to Mysore Road.

  • Cons: The infrastructure is still developing, which can lead to occasional water and power supply issues.

5. Electronic City

  • Overview: As Bangalore’s main IT hub, Electronic City attracts a large working population. While some parts are modern and well-developed, it also offers affordable rentals, especially in older apartments and PG accommodations. Its proximity to numerous IT companies makes it ideal for those working in the tech industry.

  • Average Rent Range: ₹7,000 to ₹12,000 for a 1BHK.

  • Pros: Proximity to major IT companies, affordable compared to central areas.

  • Cons: Traffic congestion during peak hours.

6. Banashankari

  • Overview: One of the largest localities in Bangalore, Banashankari has various housing options across different budgets. Known for its peaceful atmosphere, it’s a preferred residential area with decent connectivity. It’s suitable for families and young professionals alike, offering essential amenities nearby.

  • Average Rent Range: ₹8,000 to ₹14,000 for a 1BHK.

  • Pros: Good connectivity, and peaceful residential environment.

  • Cons: Being a bustling area with markets and commercial activity, noise levels can be high, especially during the day.

7. Malleshwaram

  • Overview: Malleshwaram is a historic and cultural location, with older buildings offering affordable rental options. Known for its markets, local shops, and eateries, it’s one of the cheapest and best places to live in Bangalore for those who appreciate a mix of old-world charm and modern amenities.

  • Average Rent Range: ₹9,000 to ₹14,000 for a 1BHK.

  • Pros: Great connectivity, market areas, and access to cultural landmarks.

  • Cons: Slightly higher rent than other budget areas but worth it for the amenities.

8. Vijayanagar

  • Overview: Vijayanagar is a bustling, affordable locality in West Bangalore, known for its active market scene and connectivity. It’s a preferred choice for budget-conscious residents due to its mix of independent houses and affordable apartments, along with easy access to public transport.

  • Average Rent Range: ₹7,000 to ₹10,000 for a 1BHK.

  • Pros: Good public transport, active local markets.

  • Cons: The area can be quite crowded, especially during weekends due to nearby markets, leading to parking issues.

9. Hebbal

  • Overview: Located near the Manyata Tech Park and the airport, Hebbal is an up-and-coming area with some affordable housing options. It’s especially convenient for professionals working in nearby tech parks. Hebbal is also known for its lakes and parks, adding a pleasant environment to the neighborhood.

  • Average Rent Range: ₹9,000 to ₹12,000 for a 1BHK.

  • Pros: Proximity to Manyata Tech Park and Kempegowda International Airport.

  • Cons: Traffic congestion, especially during peak hours.

10. Rajarajeshwari Nagar

  • Overview: Rajarajeshwari Nagar, located southwest of Bangalore, is a green, quiet area with budget-friendly options, particularly in independent houses and apartments. It is a residential area that offers a peaceful environment while still having access to shopping centers and other conveniences nearby.

  • Average Rent Range: ₹6,000 to ₹10,000 for a 1BHK.

  • Pros: Quiet, green environment with a variety of shopping options.

  • Cons: Longer commute times to central areas of Bangalore.

Conclusion

Bangalore’s diversity offers something for everyone, including those on a budget. Whether you’re a student, a fresher, or someone looking for affordable places to live in Bangalore, these cheapest places to live in Bangalore provide access to basic amenities, good connectivity, and budget-friendly rental options. Remember to consider factors like public transport, safety, and proximity to your workplace or study location when choosing the cheapest area to live in Bangalore.

Looking For a Home ?

Copyright | Address Advisors. All rights reserved.