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The Best Affordable Areas To Live In Hyderabad For 2024-25

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Hyderabad regularly ranks among the top cities in India for living standards. This city has gained popularity because of the IT boom and is home to IT giants such as Microsoft and Infosys. Living in Hyderabad is fit for every lifestyle and budget. So, it’s easy to find posh as well as affordable places to live in Hyderabad. Also, Hyderabad’s infrastructure and real estate values have increased with the city’s strong economic growth.

From salaried professionals to entrepreneurs, this city is a hub for people with all income scale. However, despite its urban expansion and growth, Hyderabad’s affordable neighborhoods still have reasonably priced rental properties.

Let’s check these recommendations given below that will help you decide which locality in Hyderabad is affordable to live in:

  1. Begumpet– Best area for rent in Hyderabad

Begumpet is a picturesque locality that is located north of Hussain Sagar Lake. This is a prominent location that has an abundance of businesses, restaurants, and recreational facilities Though it’s a well-developed locality of Hyderabad, the rental costs are surprisingly low. Numerous MNCs and government offices are located here.  

affordable places to live in hyderabad

So, Begumpet is now a destination for both residential living and commercial activity. People will get a wide variety of accommodation options from flats and villas to contemporary apartment buildings.

Schools Hospitals Shopping Malls
Gitanjali Primary School VINN Multi Speciality Hospital Lifestyle Stores
Chinmaya Vidyalaya Columbus Hospital Oasis Center
The Hyderabad Public School Vivekananda Hospital

 Rent for 1, 2, 3 BHKs in Begumpet

1 BHK ₹12,000 – ₹20,000 
2 BHK ₹16,000 – ₹33,000
3 BHK ₹25,000 – ₹45,000
  1. Uppal The best middle-class areas in Hyderabad

Want to know which area is best for rent in Hyderabad? Uppal is in the Eastern outskirts and is well-known for its affordability. This newly developed residential area combines both contemporary conveniences with affordability. Being a major IT hub, this area has excellent connectivity to residential areas such as Pocharam. Because of its strategic location and development, it is growing in popularity among homebuyers.

affordable places to live in hyderabad

There is availability of bachelor-friendly apartments in the area. The locality has good schools, and healthcare facilities, so many families live here.

In Uppal, several residential projects are available for living on rent or for sale catering to different budget ranges.

Schools Hospitals Shopping Malls
Global Indian International School Oasis Fertility South India Shopping Mall
Little Flower Aditya Hospital DLS Virtue Mall
Meridian School TX Hospitals

 Rental price for 1, 2, 3 BHKs in Uppal

1 BHK ₹6,000 – ₹13,000
2 BHK ₹10,000 – ₹25,000
3 BHK ₹16,000 – ₹30,000
  1. Somajiguda– Affordable area for middle-class families to live

If you’re in search of low-rent areas in Hyderabad, consider including Somjiguda in your list. This area is close to Begumpet and Punjagutta.

affordable places to live in hyderabad

Located in the center of Hyderabad, Somajiguda is known for its excellent connectivity to major landmarks. It is not only popular for its serene ambiance but also because of Raj Bhavan. The residence of Andhra Pradesh and Telangana’s Governor is in this locality. So, Somajiguda is a secure and safe locality for raising a family.

It has a bustling commercial hub which attracts most of the people for a living. You can find various residential complexes there that offer affordable accommodation as compared to other posh neighborhood localities.

Schools Hospitals Shopping Malls
St. Francis College for Women Asian Institute of Gastroenterology Hyderabad Central
Chaitanya Vidyalaya Rainbow Children’s Hospital GS Mall
Jain International School Yashoda Hospitals – Somajiguda
Villa Marie College

 Rental price for 1, 2, 3 BHKs in Somajiguda

1 BHK ₹6,000 – ₹10,000
2 BHK ₹15,000 – ₹30,000
3 BHK ₹20,000 – ₹35,000
  1. Miyapur– One of the cheapest areas in Hyderabad

On the northwest side of Hyderabad, there’s Miyapur locality that is developing rapidly. Miyapur which is considered ‘Greater Hyderabad’ today was once a rural village. It is an ideal place for those who are relocating and looking for affordable housing options. Also, the upcoming station additions to the Hyderabad Metro Rail system are one important reason for increased accessibility to this place.

affordable places to live in hyderabad

From social infrastructure to the availability of better educational institutes, Miyapur has everything that a resident would require for comfortable living.

Schools Hospitals Shopping Malls
Silver Oaks International School Healix Hospital Miyapur Central
Genesis School Srikara Hospitals GSM Mall & Multiplex
Vignan Global Gen School Sriven Mall

 Rental price for 1, 2, 3 BHKs in Miyapur

1 BHK ₹6,000 – ₹15,000
2 BHK ₹15,000 – ₹30,000
3 BHK ₹22,000 – ₹38,000
  1. Ameerpet– Best area for affordable rentals

Ameerpet is an affordable locality situated on Hyderabad’s northwest side. It is one of the affordable places to live in Hyderabad for students & couples so young professionals and college students choose to live here.

affordable places to live in hyderabad

As Ameerpet is a thriving hub for education and business, you can see a diverse range of cheap housing alternatives. Along with this, the Ameerpet locality has good connectivity to nearby hospitals, supermarkets, and shopping malls in the neighborhood, so you can have a convenient life in this area.

Schools Hospitals Shopping Malls
Bharat Ratna High School Challa Multi Speciality Hospital The Chennai Shopping Mall
DS Ram Reddy College Wellness Hospital KLM Fashion Mall
Sister Nivedita School Apollo Spectra  
Mount Banyan College    

 Rental price for 1, 2, 3 BHKs in Ameerpet

1 BHK ₹6,500 – ₹12,000
2 BHK ₹15,000 – ₹38,000
3 BHK ₹25,000 – ₹45,000
  1. Shamshabad– An affordable place to live in South Hyderabad

Shamshabad is the most preferred locality for cheap flats in Hyderabad for rent. Because of its proximity to the Rajiv Gandhi International Airport, Shamshabad has become an ideal and economical residential spot in South Hyderabad.

affordable places to live in hyderabad

Its connectivity to the PVN expressway and Outer Ring Road is attracting investors and those who want to live on rent. Several esteemed educational institutes such as Symbiosis and TATA University are located here. So, a lot of students and young professionals live in Shamsabad on rent.

Schools Hospitals Shopping Malls
Symbiosis International University Trident Superspeciality Hospital Ramaswamy & Sons
TATA University Lims Hospitals  
SR Digi School Shanthi Superspeciality Hospital  
Blue Bird School    

 Rental prices for 1, 2, and 3 BHKs in Shamshabad

1 BHK ₹6,000 – ₹17,000
2 BHK ₹15,000 – ₹25,000
3 BHK ₹30,000 – ₹65,000

 Conclusion

Hyderabad has a selection of affordable housing options to suit different requirements and price ranges. Miyapur, Shamshabad, and Uppal are cheap residential areas in Hyderabad where one can live on rent. All these areas are known for their good amenities, reasonable housing alternatives, and good connectivity to major parts of Hyderabad. So, Hyderabad has something to offer everyone, regardless of whether you’re looking for flats to live on rent or buy.

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