Flats for Rent in Prabhadevi, 2026 Rental Guide
Prabhadevi has 3 active rental listings in Property Butler’s May 2026 pipeline, the tightest supply of any SoBo corridor: a 3 BHK at Rustomjee Crown asking Rs2.5L, a 2 BHK at Eon One at Rs1.1L, and a 4 BHK at The V Mansion at Rs3.5L. Good units vanish in 3 to 6 weeks. If you’re looking, act fast.
Prabhadevi sits between Worli Sea Face and Dadar, prime South Mumbai, yet consistently 12 to 18% cheaper to rent than Worli. Property Butler tracked 65 active Prabhadevi listings as of May 2026, with 3 active rental units, among the tightest rental supply in any SoBo corridor locality. A 2 BHK here runs Rs95,000 to 1.50L/month, versus Worli at Rs1.30 to 2.30L for similar configurations. Rustomjee Crown 3 BHK rentals at Rs2.50 to 3.50L anchor the premium end. Vacancy is below 4%, good units move within 3 to 6 weeks.
Prabhadevi Rentals, May 2026
₹50,000 to ₹3,50,000/month
1 to 5 BHK | ₹55 to ₹85/sqft/month | mostly unfurnished/semi-furnished
Current Rental Ranges in Prabhadevi
| Config | Carpet (Typical) | Monthly Rent Range | Rent/sqft | Notes |
|---|---|---|---|---|
| 1 BHK | 400 to 550 sqft | ₹50,000 to ₹75,000/mo | ₹100 to ₹140/sqft | Older buildings; good for singles/couples |
| 2 BHK | 700 to 950 sqft | ₹95,000 to ₹1,50,000/mo | ₹120 to ₹170/sqft | Most available; new stock commands premium |
| 3 BHK | 1,100 to 1,600 sqft | ₹1,50,000 to ₹2,80,000/mo | ₹130 to ₹175/sqft | Rustomjee Crown belt is premium |
| 4 to 5 BHK | 1,800 to 3,000 sqft | ₹2,80,000 to ₹5,00,000/mo | ₹140 to ₹180/sqft | Ultra-luxury; limited supply |
Prabhadevi Rental Sweet Spot
A 2 BHK in Prabhadevi for ₹1 to 1.3 L/month puts you in the same Coastal Road corridor as Worli but at rents 20% lower. The trade-off: slightly older building stock in many pockets, though new projects like Rustomjee Crown (3 BHK rentals at ₹2.5 to 3.5 L) are now entering the rental pool.
Which Parts of Prabhadevi Are Most Sought-After?
Veer Savarkar Marg belt (Cadell Road side): Quieter, close to Shivaji Park, excellent schools. Rents here are 8 to 12% lower than the Worli-facing side.
Prabhadevi-Worli junction (Annie Besant Road): Commands the highest rents, direct Coastal Road and Metro Line 3 access. New inventory (Rustomjee Crown, Eon One) has pushed rents up 15 to 20% since 2024.
- Who rents here, Banking/finance professionals from BKC and Nariman Point; families wanting Shivaji Park schools
- Vacancy rate, Below 4%; very tight market
- Deposit, Typically 3 to 6 months rent
- Lease length, 11-month agreements (licence) standard; 3-year rarely found
Commute from Prabhadevi, 2026
Prabhadevi's corridor position between Worli and Dadar gives it the best of both connectivity worlds, the Coastal Road is 3 minutes away, Metro Line 3 Dadar station is 5 minutes by auto, and both rail lines converge at Dadar within 10 minutes.
| Destination | Time | Mode |
|---|---|---|
| Worli Sea Face | 8 min | Road |
| BKC (via Metro 3) | 20 min | Metro |
| Lower Parel | 12 min | Road |
| Nariman Point | 18 min | Coastal Road |
| Airport (T2) | 30 min | Road |
Furnished vs Semi-Furnished in Prabhadevi
Most Prabhadevi landlords offer semi-furnished (kitchen fittings, wardrobes, AC). Fully-furnished premium is 15 to 20% over bare-shell rents. For a ₹1.5 L/month 3 BHK, expect to spend ₹8 to 12 L on fit-out if taking it bare.
Find a Rental in Prabhadevi
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What is the security deposit norm in Prabhadevi?
3 to 6 months rent is standard. Rustomjee Crown and newer buildings expect 6 months; older society buildings accept 3 months. For a ₹1.5L/month 3 BHK, expect ₹4.5 to ₹9L security upfront.
Is Prabhadevi good for families with school-going children?
Yes, Shivaji Park (5 min), Balmohan Vidyamandir, VCA, Siddhivinayak School are all within 2 to 3 km. The Prabhadevi-Dadar belt has among Mumbai's highest concentration of reputed schools per square km. Families consistently rate this as a top reason to choose Prabhadevi over Worli.
What is the minimum rent for a flat in Prabhadevi?
1 BHKs start around ₹50,000 to ₹55,000/month in older buildings. 2 BHKs from ₹95,000/month.
Is Prabhadevi cheaper to rent than Worli?
Yes, typically 15 to 20% cheaper for comparable configurations. Worli's 2 BHK starts around ₹1.10 to 1.30 L; Prabhadevi at ₹95,000 to ₹1.10 L.
How do I find a flat for rent in Prabhadevi?
WhatsApp Property Butler, we have an active roster of Prabhadevi landlords and can shortlist options based on your budget, BHK and move-in timeline.
How quickly do good Prabhadevi rentals get taken?
With only 3 active rental listings in a pool of 65 Prabhadevi properties, good units move in 3-6 weeks of listing. Premium units in Rustomjee Crown or Eon One belt can go within 2 weeks. Property Butler recommends engaging at least 6 weeks before your desired move-in date to avoid missing the best options.
