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Today, Hyderabad stands among India’s fastest-growing cities. It offers a blend of vibrant culture, advanced infrastructure, and booming job opportunities in the IT industry. Many students and professionals from South and North India, move to Hyderabad to find work. They often look for affordable areas to rent in Hyderabad within their budget. But finding an affordable area to live in this crowded city isn’t always easy.
Fortunately, Hyderabad has many affordable neighborhoods where you can live without giving up on important facilities. Although rent prices have increased by around 10 to 15 percent in 2025 in the western IT areas, it’s still possible to find budget-friendly homes in some parts of the city that cater to families and working professionals.
If you’re planning to move to Hyderabad for new opportunities and need affordable yet well-equipped housing, we have put together a list of the best places to rent a house here.
This article highlights Hyderabad rent trends 2026 in some of the best affordable areas so you can find a home there that offers great value for your money.
Best Affordable Localities to Find a Home in Hyderabad
1. Uppal
Uppal, situated in East Hyderabad, houses the National Geophysical Research Institute. It serves as a prominent IT hub and connects well to nearby residential spots like Tarnaka, located 6 kilometers away, and Pocharam, which is 13 kilometers distant. The area appeals to middle-class and upper-middle-class students and working individuals who want a quieter and more spacious place away from the hustle of the main city.
People often choose to rent homes in Uppal because of the presence of independent houses. Uppal, which is one of the best localities for families in Hyderabad, is well-connected with its own metro station, and Kachiguda railway station is 10 kilometers from here.
Rental Prices in Uppal
| Flat Type | Price Range | Average Rent |
| 1 BHK | Rs 6,000 – Rs 7,000 | Rs 6,500 |
| 2 BHK | Rs 10,000 – Rs 15,000 | Rs 12,250 |
| 3 BHK | Rs 17,000 – Rs 19,000 | Rs 18,000 |
2. Somajiguda
Somajiguda, which hosts Raj Bhavan, the Governor’s official residence for Andhra Pradesh and Telangana, is turning into a commercial hotspot. Even as the area develops commercially, it still has neighborhoods where you can find cheaper housing compared to posh areas nearby. With strong infrastructure and transport links, it serves as a great choice to rent affordable homes.
The locality is known for being calm and is situated close to Punjagutta, Khairatabad, and Begumpet. People living here get to enjoy lots of greenery, making it a peaceful place to unwind.
Rental Prices in Somajiguda
| Flat Type | Price Range | Average Rent |
| 1 BHK | Rs 15,000 – Rs 20,000 | Rs 17,500 |
| 2 BHK | Rs 21,000 – Rs 26,000 | Rs 23,000 |
| 3 BHK | Rs 30,000 – Rs 70,000 | Rs 50,000 |
3. Miyapur
Miyapur used to be a small village, but now it’s part of Hyderabad’s ever-growing urban area. 22 km from the city center, it offers one of the most budget-friendly housing choices in the city.
Miyapur has great connectivity. The Miyapur-Gachibowli and Miyapur-Kompally Intermediate Ring Roads connect it to the central parts of Hyderabad. Being close to NH-65, it also allows easy travel to major cities like Machilipatnam and Pune. It has plenty of job opportunities too, and Hafeezpet Railway Station is just 4 km away, making it even more convenient.
Rental Prices in Miyapur
| Flat Type | Price Range | Average Rent |
| 1 BHK | Rs 12,000 – Rs 15,000 | Rs 13,500 |
| 2 BHK | Rs 19,500 – Rs 24,500 | Rs 22,000 |
| 3 BHK | Rs 29,000 – Rs 36,000 | Rs 32,500 |
4. Begumpet
Begumpet sits to the north side of Hussain Sagar Lake. The well-known Begumpet Airport serves training programs, and chartered flights are a highlight of this place. With many MNCs and government offices around, Begumpet has grown into an important spot for both business and living. The area, which is one of the best places to rent in Hyderabad 2026, is very calm with broad, clean roads and plenty of greenery.
This neighborhood blends old-world charm with modern comforts. You can find everything from classic houses to stylish new apartments here. Its mix of business significance and quiet residential appeal makes it an ideal and budget-friendly option in Hyderabad.
Rental Prices in Begumpet
| Flat Type | Price Range | Average Rent |
| 1 BHK | Rs 10,500 – Rs 12,000 | Rs 11,250 |
| 2 BHK | Rs 25,000 – Rs 27,500 | Rs 26,000 |
| 3 BHK | Rs 35,000 – Rs 45,000 | Rs 40,500 |
5. Manikonda
Manikonda, located close to Hyderabad’s key commercial areas, is famous for its well-known Lanco Hills Tech Park. The area, which is one of the most affordable areas to rent in Hyderabad, has great access to Rajiv Gandhi International Airport and main highways like NH-4, NH-7, and NH-9.
Positioned between Telecom Nagar and the Outer Ring Road, Manikonda serves as a great place to live for professionals working nearby. The Telangana Government supports Lanco Hills Tech Park, which covers 7.85 million square feet and includes SEZ and non-SEZ areas.
The area enjoys a road without signals leading straight to the International Airport, which improves its connectivity. Manikonda has grown a lot with better social infrastructure, turning it into a top spot to find budget-friendly rentals.
Rental Prices in Manikonda
| Flat Type | Price Range | Average Rent |
| 1 BHK | Rs 7000 – Rs 25,000 | Rs 8000 |
| 2 BHK | Rs 25,000 – Rs 27,500 | Rs 26,000 |
| 3 BHK | Rs 35,000 – Rs 45,000 | Rs 40,500 |
6. Ameerpet
Ameerpet, located in the northwest part of Hyderabad, attracts many college students and young professionals. It offers affordable living and easy access to major spots like Begumpet and Banjara Hills.
People often call Ameerpet Hyderabad’s educational hub. The area has plenty of software training centers, making it a top pick for IT workers. Many residents here live in shared apartments to manage expenses. While it’s a busy area with lots of businesses and educational activity, it also provides plenty of housing options that fit tight budgets.
Rental Prices in Ameerpet
| Flat Type | Price Range | Average Rent |
| 1 BHK | Rs 10,000 – Rs 15,000 | Rs 12,500 |
| 2 BHK | Rs 20,000 – Rs 25,000 | Rs 22,500 |
| 3 BHK | Rs 50,000 – Rs 2 Lakh | Rs 1.23 Lakh |
7. Madhapur
Madhapur ranks among the budget-friendly places to live in Hyderabad. It provides good infrastructure and plenty of amenities with property costs that are not too high. Families hoping to rent homes here will find it an ideal spot since it is close to many software companies. This has made Madhapur a popular neighborhood for working professionals. The area, which is one of the most affordable areas to rent in Hyderabad, offers a mix of affordability and ease, giving residents a comfortable way of life.
Rental Prices in Madhapur
| Flat Type | Price Range | Average Rent |
| 1 BHK | Rs 15,000 – Rs 30,000 | Rs 22,500 |
| 2 BHK | Rs 20,000 – Rs 45,000 | Rs 32,500 |
| 3 BHK | Rs 35,000 – Rs 80,000 | Rs 57,500 |
8. Kondapur
Kondapur sits in Hyderabad’s Ranga Reddy District and is a favored spot for residents. Found between HITECH City and Gachibowli, it provides many budget-friendly rental homes. This makes it a good choice for people working in the IT zone of Cyberabad. The area’s charm increases because big companies like Google have offices here.
Neighborhoods such as Kothaguda, Vinayaka Nagar, and Shilpa Layout surround Kondapur. This makes it a lively place with great connectivity to other residential areas.
Rental Prices in Kondapur
| Flat Type | Price Range | Average Rent |
| 1 BHK | Rs 10,000 – Rs 25,000 | Rs 17,500 |
| 2 BHK | Rs 15,000 – Rs 60,000 | Rs 37,500 |
| 3 BHK | Rs 35,000 – Rs 1 Lakh | Rs 65,000 |
9. Shamshabad
Shamshabad sits in South Hyderabad and is a popular choice for renting. Its closeness to Rajiv Gandhi International Airport makes it a convenient spot. The area connects well with important roads like Srisailam Highway, PVN Expressway NH-7, and the Outer Ring Road.
Shamshabad also provides easy travel options with Umdanagar Railway Station nearby. Many young people move here because of top educational institutions like TATA University and Symbiosis. The planned metro station and upcoming IT hubs, including Nano Tech Park, add to Shamshabad’s appeal as a solid place to invest in the future.
Rental Prices in Shamshabad
| Flat Type | Price Range | Average Rent |
| 1 BHK | Rs 9,500 – Rs 13,500 | Rs 11,500 |
| 2 BHK | Rs 11,000 – Rs 15,000 | Rs 13,000 |
| 3 BHK | Rs 22,000 – Rs 28,000 | Rs 25,000 |
10. Kukatpally
Kukatpally sits in the northwest part of Hyderabad and is a popular, budget-friendly area with solid infrastructure. IT professionals prefer this spot because it is near HITEC City and Gachibowli. The locality features plenty of offices, shops, and small pharmaceutical businesses. Surrounding Kukatpally are areas like Kothaguda, Nizampet, Jubilee Hills, Chanda Nagar, and Moti Nagar.
Tall buildings and paying guest options shape the neighborhood. Big names like Mahindra Lifespace, Incor, Lodha Group, Reliance Builders, Emami Group, and Vertex Homes have played a big role in its development.
Rental Prices in Kukatpally
| Flat Type | Price Range | Average Rent |
| 1 BHK | Rs 15000 – Rs 26,000 | Rs 11,500 |
| 2 BHK | Rs 12,000 – Rs 30,000 | Rs 21,000 |
| 3 BHK | Rs 30,000 – Rs 40,000 | Rs 35,000 |
Ending Note
Hyderabad continues to be a promising destination for families, students, and working professionals seeking affordable yet comfortable rental options. Despite rising rental prices in Hyderabad, neighbourhoods like Uppal, Somajiguda, Miyapur, Begumpet, Ameerpet, Madhapur, Kondapur, Kukatpally, Shamshabad and Manikonda remain excellent choices due to their accessibility, infrastructure, and overall convenience.
These areas strike the ideal balance between cost and quality of life, making them suitable for anyone relocating to the city. By exploring these budget-friendly localities, you can easily find a rental home that perfectly matches your needs and supports your long-term goals in the city.
