When it comes to renting a flat in Karachi, there are not many tenants who can afford to live in posh neighbourhoods. Among the rest, the most preferred areas are, of course, the cheaper ones.
Surprisingly, despite having sound and even demand in the market, the average rental prices of these apartments exhibit very controlled rises and drops as noticed by Zameen.com. Maybe this long-term stability is precisely the reason why cheaper apartments in secondary areas of Karachi almost always enjoy high occupancy rates.
If you, too, are on the hunt to find an affordable flat to rent in Karachi, I am going to discuss some of the areas you can consider in this article. You can also have a look at Zameen.com’s listing pages for flats for rent in Karachi.
Per Zameen.com’s stats for March 2015, the average monthly rental price of a 2-bedroom flat in North Nazimabad was PKR 15,000. Those looking to rent a 3-bedroom flat there would be required to pay a monthly rental price of PKR 25,000.
Visit this page to have a look at available flats for rent in North Nazimabad.
Federal B Area
Per the stats recorded by Zameen.com in March 2015, the average monthly rental price of a 2-bedroom flat in Federal B Area was PKR 20,000. The average sale price of a 3-bedroom apartment, according to the portal’s stats, was PKR 35,000.
You can also check out the listing pages for flats for rent in Federal B Area here.
According to the stats recorded by Zameen.com in March 2015, the average rental price of 2-bedroom apartments in Gulshan-e-Iqbal was PKR 18,000 and that of 3-bedroom flats was PKR 23,000.
There you have it folks, some of the cheaper areas to rent a flat in Karachi. If you have any observations to share about the rental market of Karachi or any questions to ask, you can do so in the comments section below.