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 3–6 weeks. If you’re looking, act fast.
Prabhadevi sits between Worli Sea Face and Dadar — prime South Mumbai, yet consistently 12–18% cheaper to rent than Worli. Property Butler tracks 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 Rs95,000–1.50L/month, versus Worli at Rs1.30–2.30L for similar configurations. Rustomjee Crown 3 BHK rentals at Rs2.50–3.50L anchor the premium end. Vacancy is below 4% — good units move within 3–6 weeks.
Prabhadevi Rentals — May 2026
₹50,000 — ₹3,50,000/month
1–5 BHK | ₹55–₹85/sqft/month | mostly unfurnished/semi-furnished
Current Rental Ranges in Prabhadevi
| Config | Carpet (Typical) | Monthly Rent Range | Rent/sqft | Notes |
|---|---|---|---|---|
| 1 BHK | 400–550 sqft | ₹50,000–₹75,000/mo | ₹100–₹140/sqft | Older buildings; good for singles/couples |
| 2 BHK | 700–950 sqft | ₹95,000–₹1,50,000/mo | ₹120–₹170/sqft | Most available; new stock commands premium |
| 3 BHK | 1,100–1,600 sqft | ₹1,50,000–₹2,80,000/mo | ₹130–₹175/sqft | Rustomjee Crown belt is premium |
| 4–5 BHK | 1,800–3,000 sqft | ₹2,80,000–₹5,00,000/mo | ₹140–₹180/sqft | Ultra-luxury; limited supply |
Prabhadevi Rental Sweet Spot
A 2 BHK in Prabhadevi for ₹1–1.3 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 ₹2.5–3.5 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 8–12% 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 15–20% 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 3–6 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 15–20% over bare-shell rents. For a ₹1.5 L/month 3 BHK, expect to spend ₹8–12 L on fit-out if taking it bare.
Find a Rental in Prabhadevi
Tell us your budget, BHK and preferred move-in date — our team will shortlist.
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What is the security deposit norm in Prabhadevi?
3–6 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–₹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 2–3 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–₹55,000/month in older buildings. 2 BHKs from ₹95,000/month.
Is Prabhadevi cheaper to rent than Worli?
Yes — typically 15–20% cheaper for comparable configurations. Worli's 2 BHK starts around ₹1.10–1.30 L; Prabhadevi at ₹95,000–₹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.