Here are some of the most preferred home rental destinations in Chennai

Reading Time: 3 minutes

Being one of the major hubs for automobile and Information Technology companies, Chennai has been witnessing a large floating population consisting of thousands of professionals. Apart from it, the city also attracts many student migrants owing to the presence of several major educational institutes. As a result, the demand for housing has increased remarkably in the metropolis. Besides, several developments in terms of physical and social infrastructure are also grasping the attention of many property developers across the nation to come up with new residential projects in Chennai.

According to real estate sources, the city witnesses a robust residential rental market due to the presence of many employment hubs and some of the renowned educational institutes. As the requirement for a renal home is high among young working professionals and students, the demand has been high for apartments with modern amenities such as gym, swimming pool etc. Thus, apartments for rent in Chennai have been the most preferred option among home seekers. Following are some of the top rental markets of Chennai;



With the advantage of close proximity to the IT corridor of the city, Velachery has been witnessing a huge demand for rental homes among working professionals. Besides, the development of Phoenix Mall – the largest mall in the city has played a major role in the growth of realty market in the region. As the locality is well connected to the OMR, GST Road, and the Central Business Districts, this locality certainly grasps the attention of the working professionals who have their work locations in the IT corridor or Adyar or Guindy. Particularly, the locality attracts the home seekers who prefer 1 bhk or 2 bhk apartments for rent in Chennai. Rental values are affordable here ranging from INR 14 to INR 25 per sqft, which is quite affordable when compared rental homes in the prime locations of the city.


Old Mahabalipuram Road or OMR has been a hub for several IT bigwigs such as TCS, HCL, Accenture India, Cognizant, and Wipro. So, thousands of working professionals work along this stretch prefers living close to their offices. Eventually, it has increased the demand for apartments in OMR. A home seeker can find a 2 bhk apartment for rent at a rental cost anywhere between INR 10,000 to INR 20,000. Also, the locality also has the presence of several shopping complexes, retail outlets, theaters, and restaurants.

Guindy & Adyar

With an ease of accessibility to the Central Business District and prime localities of Chennai, these localities are considered to be the major realty hotspots. Apart from it, the famous educational institutes such as IIT Madras and Anna University are located in the vicinity. When it comes to transportation, these two localities get frequent bus services operated by the state government. Apart from it, these localities enjoy rail connectivity, as well. Thiruvanmyur Railway station is a nearby station for Adyar, which is located merely 2.5 km. All these factors have increased demand for rental properties in the region. However, the rental values are quite expensive in Adyar.

As the demand has been high for 2 bhk and 1 bhk apartments for rent in Chennai, the property investors are showing a great interest in buying properties on these configurations to earn a good rental income.


More Articles for You

Capture Your Incredible Moments In Life – Incredible Perks

Capturing moments of life can be through photography. It is through the photographs that you learn to appreciate your life. …

Push yourself and do wonders – Tips to accomplish your goals

We tend to live in your comfort zones, only when we venture outside from our comfort zone, we can reach …

The Privilege of Shopping At Dunzo – Adapting To Future Lifestyle Trends

Over the years, there has been a dramatic revolution of technology which created amazing tools and resources that help you …

Improve Employee Communication Experience with Ease – Ways to Implement

Are you in search of a better communication platform that helps your team to bounce ideas off each other? At …

5 Important Steps To Take After a Sudden Two Wheeler Accident

With the increasing number of vehicles running on the road, the probability for unforeseen road accidents is also increasing. But …

Gifting Ideas: A Single ULIP over A Bouquet of Tulips

A bouquet of Tulips can certainly be considered as a very romantic gift. However, Unit-Linked Insurance Plans or ULIP plans …