Sat Feb 08 12:45:50 UTC 2025: ## Bengaluru’s 1BHK Rental Market Booms Amidst High Demand
**Bengaluru, India** – The surging influx of students and young professionals into Bengaluru’s IT sector is driving a significant increase in demand for 1BHK apartments, according to a recent Hindustan Times report. Rental costs have risen by 20%, with prime locations like Koramangala and Indiranagar commanding rents between ₹25,000 and ₹30,000 per month. Landlords typically require a hefty security deposit equivalent to six to nine months’ rent.
The report highlights a shrinking supply of 1BHKs, with unit sizes decreasing by over 30% in recent years, even as rental prices climb. Budget-conscious renters, mostly students and young professionals, are limited to this segment of the market as 2BHKs typically cost upwards of ₹40,000 per month. They often opt for smaller units ranging from 300 to 550 sq ft, located near their workplaces or colleges.
While central Bengaluru’s 1BHKs command higher rents, more affordable options are emerging in northern suburbs like Hebbal, Yelahanka, Hennur Road, and Jakkur, where similar-sized apartments rent for around ₹25,000 per month. Studio apartments and 1RK flats offer a cheaper alternative, ranging from ₹15,000 to ₹20,000 per month in prime areas, but often come fully furnished.
The substantial security deposits required pose another significant hurdle for renters. In areas like Koramangala, Whitefield, and HSR Layout, deposits for a ₹40,000 1BHK can reach ₹4-5 lakh (six to ten months’ rent). This underscores the increasing financial pressures faced by those seeking accommodation in Bengaluru’s competitive rental market.
First Piper 