Karachi is often dubbed as “mini Pakistan,” and rightfully so. Providing better educational and career opportunities, the city welcomes people from different parts of the country. The influx of migrants has noticeably increased over the past few decades and the population of the city has almost doubled since the 1990s.
The population growth has significantly impacted Karachi’s rental real estate, which is now probably the most expensive rental property market in the country. The prices have skyrocketed over all these years due to the constantly increasing gap between the demand and supply of rental units in the City of Lights.
As per the current market practices, you should have at least a monthly rental budget of around PKR 25,000 to PKR 30,000 if you want to rent a reasonable home in Karachi to comfortably fit a small family.
So, if you are also searching for a rental property in Karachi under PKR 30,000 a month, you have made it to the right post. In this blog, we are going to explore the most suitable property options available in the city under the above-mentioned price range.
Let’s begin with our rental home hunting!
Where to Find a Property for Rent in Karachi Under PKR 30,000?
Here we have listed some of the most popular areas to look for rental properties in Karachi under the budget of up to PKR 30,000 a month.
- DHA Karachi
- Bahria Town Karachi
- Federal B. Area
DHA is considered probably the best neighborhood for buying property in Karachi. It’s a well-established locality with a robust infrastructure based on a vast network of roads. The residential neighborhood also hosts some of the city’s most popular commercials.
While living in DHA, you get to enjoy a well-facilitated lifestyle in a secure environment as the area has its very own security management that patrols 24/7 and aids the local police. You can also take a look at our detailed area guide on DHA Karachi if you want to get to know more about Karachi’s poshest neighborhood.
Thankfully, due to the availability of many different types of properties in the form of house portions and flats, you may find hundreds of rental properties under the budget of PKR 30,000 in DHA. There are options available in almost all popular subdistricts of the area including DHA Phase 7, Phase 6, Phase 5, Phase 4, and of course Phase 2 and Phase 2 extension.
As a potential investor, you can also go through our detailed investment guide on DHA Karachi in which we have explored some of the most lucrative investment opportunities available in the area.
Bahria Town Karachi
Pioneering the concept of ultramodern gated communities in the country, the name ‘Bahria Town’ needs no introduction. The residential projects of Bahria Town are found in three major cities of Pakistan: Islamabad, Lahore, and Karachi.
Bahria Town Karachi is the newest addition to this list. Covering an area of 16,000 hectares, it is also the largest Bahria Town in the country. Even though living in Bahria Town comes with all state-of-the-art amenities and facilities, the prices of properties here are surprisingly low.
The biggest thing impacting the prices of properties in Bahria Town is its location. It puts it quite far away from the city center and the daily commute from the neighborhood to the main city usually takes hours
The low-price trend is also observed in rental properties, which may leave you with a lot of reasonable options to pick from. So, finding a rental property in Bahria Town for PKR 30,000 a month or even less won’t be a hassle for you.
Since it’s a relatively new neighborhood, most of the rental properties available in Bahria Town Karachi will be in very good condition, which is a plus. Also, you will get to enjoy all the pros of living in a gated community. On a side note, if you are more interested in property investment in Karachi’s Bahria Town, take a look at our detailed guide on the subject.
If you want to get the taste of living in the old city area, then the locality of Garden in Karachi may interest you. Karachi’s largest and oldest Zoological Garden is also located here, in fact, this is how the neighborhood got its name in the first place.
Garden, Karachi, enjoys a well-connected location right within the heart of the city. It is in proximity to two of the most famous localities in Karachi including Saddar Town and PECHS. The area has been divided into two parts: east and west, which are linked by the very famous Nishtar Road. It’s the main road in the area, which is famous for hosting many famous retail outlets and eateries in the area.
With a budget of PKR 30,000 a month, you can easily find a rental home in Garden, Karachi. You’ll most probably find two-bed flats in this budget. Some of them may be in newly-built buildings with facilities that are mostly preferred by renters in Karachi such as covered car parking and standby generators.
The neighborhood of Gulshan-e-Iqbal has always been known for its affordability. It has witnessed many real estate and infrastructure developments throughout its history. Gulshan-e-Iqbal is home to some of the city’s most famous landmarks including Safari Park, Expo Centre, National Stadium, Karachi, and Civic Centre.
University Road and Rashid Minhas Road are the two of the most famous arteries of the neighborhood. They both intersect at Nipa Chowrangi, which makes the area well-connected with the public transport network in Karachi. Also, don’t forget to check out our detailed area guide on Gulshan-e-Iqbal to explore more about this bustling neighborhood.
A large percentage of real estate in Gulshan-e-Iqbal is based on flats. This means you’ll have plenty of options to choose from if you have to rent a property in Gulshan-e-Iqbal under PKR 30,000. However, the availability of car parking facilities and elevators in the area depends on the apartment project. Along with featuring reasonable rental properties, Gulshan-e–Iqbal also offers lucrative real estate investment opportunities.
Gulistan-e-Jauhar is another very popular locality in Karachi. Conveniently linked with Shahrah-e-Faisal on one side and University Road on the other, it enjoys a strategic location. Based on scores of apartment complexes, the neighborhood significantly promotes the concept of community living.
Gulistan-e-Jauhar is very famous for being home to some of the city’s best healthcare and recreational facilities including Dar-ul-Sehat Hospital, Millenium Mall, and Aladdin Park, which is one of the most famous theme parks in Karachi. Rashid Minhas Road runs through the entire neighborhood, connecting it with Gulshan-e-Iqbal, Federal B. Area, and neighborhoods beyond them. Explore more about Gulistan-e-Jauhar by reading our detailed area guide on it.
As discussed, the neighborhood of Gulistan-e-Jauhar is like a concrete jungle with tonnes of apartment buildings towering dominating its skyline. This means if you are hunting a rental property in Gulistan-e-Jauhar for PKR 30,000 or maybe less, you’ll come across plenty of apartment units suiting your budget and requirements.
Renter’s Tip: You can even find an apartment with monthly rent under PKR 20,000 in neighborhoods like Gulshan-e-Iqbal and Gulistan-e-Johar but it is probably going to be in an old building, lacking the facilities like covered car parking or even a functional elevator.
Federal. B Area
Unlike the above two localities, which are mostly based on flats, the neighborhood of the Federal B. Area features more houses than flats. It is a peaceful housing community divided into multiple blocks, with every block having its own public park to facilitate the residents. Federal B. Area is also linked with the main Rashid Minhas Road where the city’s two most famous landmarks are also located including UBL Sports Complex and LuckyOne Mall.
Foodies are also familiar with the name of Federal B. Area since it is home to the very famous Javaid Nihari. There are some other popular eateries and commercial centers in the vicinity as well. The neighborhood falls in the jurisdiction of Gulberg Town and is situated a five minutes’ drive from the locality of Bufferzone.
So, if you are looking for rental properties in Federal B. Area under PKR 30,000 a month, you may easily find a house portion for rent since the neighborhood’s real estate is chiefly based on houses. Read our detailed area guide on Federal B. Area if you are interested in relocating to this extremely popular neighborhood of Karachi.
These were some of the best areas to look for property for rent in Karachi under PKR 30,000 per month. We hope the information we have provided you here will help you with your rental home hunting in Karachi. If you have any questions or feedback related to our blog, feel free to write to us at email@example.com.
On a side note, if you are searching for affordable residential units in the city, you may want to take a look at the available listings for low-prices houses for sale in Karachi on Zameen.com.
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