Hello, the rental rates for apartments in Saibaba Colony is not exactly high right now, but it is shooting up. So, the earlier you take up an aprtment the better it'll workout for you :) the area is good as it is a residential cum commercial spot in the city and is well connected to all areas of Coimbatore. If you're looking for a 1 BHK flat you will have to pay a rent of Rs. 5000 - 6000 per month, if you want a 2 BHK flat you will have to pay a rent of Rs. 8500 - 16000 per month, if you want a 3 BHK flat you will have to pay a monthly rent of Rs. 14000 - Rs. 48000. And, if you are looking for a huge place - 4 BHK/5 BHK, you will have to pay a rent of Rs. 50000 minimum.
You can easily find apartments for rent in Saibaba Colony. Anything from a 1 BHK to a 5 BHK! A 4 BHK or a 5 BHK apartment does not come across at a very affordable rate, rent for a month going up to Rs. 60,000. You can get a 3 BHK apartment for like Rs. 15000 to 30000 rent per month, a 2BHK for Rs. 8000 to 15000 per month and for a 1 BHK you will only have to pay like Rs. 6000 per month. All the aprtments here have a security system and power and water backups as far as I know.
Heyya! I stayed for rent in Saibaba Colony for a few months and from experience, I can tell you that it is a good area to live in. the rental rates are not extremely high if you look at the current market trends. You can rent out a 1 BHK apartment for Rs. 5000 or Rs. 6000 per month, a 2 BHK would cost you around Rs. 7000 - Rs. 15000 per month and a 3 BHK would cost you somewhere around Rs. 12000 - Rs. 30000 a month. Even the option of 4 BHK and 5 BHK is open to you. All the apartments have security, lifts & water and power backup.