Renting Apartments in Bhubaneswar: Everything You Need to Know
Bhubaneswar, the capital of Odisha, is a city where centuries-old heritage meets modern infrastructure. Known as the “Temple City,” it has recently gained recognition as one of India’s fastest-developing urban centers.
With its growing IT parks, expanding educational institutions, and ongoing infrastructure projects, Bhubaneswar has become a preferred location for people seeking affordable yet well-connected living spaces. Renting an apartment here is now a common choice for students, working professionals, and families.
Popular Rental Neighborhoods
-
Patia – Near KIIT University, ideal for students and IT professionals.
- Chandrasekharpur – High-end apartments with good amenities, close to Infocity.
- Nayapalli & Jaydev Vihar – Central locations with easy access to schools and offices.
- Khandagiri – Affordable housing with a quieter environment.
Types of Apartments Available
-
Unfurnished – Basic setup, no furniture.
- Semi-furnished – Basic kitchen fittings, wardrobes, fans.
- Fully furnished – Includes appliances, sofa, beds, and ready-to-move setups.
Why Renting in Bhubaneswar Matters Today
Renting has become increasingly relevant due to rising property prices and growing population movement into the city.
Key reasons people rent in Bhubaneswar:
- Student and professional mobility – With universities like KIIT, SOA, and Utkal University, students prefer apartments for independence. IT employees working at Infocity also seek rentals near offices.
- Economic flexibility – Renting avoids the heavy upfront cost of buying property.
- Short-term housing needs – Ideal for those on temporary assignments or transfers.
- Modern amenities – New residential complexes offer gyms, security, and parks.
Recent Rental Trends in Bhubaneswar (2024–2025)
The city’s rental market has seen steady growth, influenced by urban expansion and the IT boom.
Notable trends:
- 6–10% rise in average rents in areas like Patia and Chandrasekharpur (2024 property market survey).
- Increased demand for furnished flats among professionals and students.
- Growth of digital rental platforms like Magicbricks, NoBroker, and Housing.com.
- Emergence of co-living spaces from companies like Zolo and Stanza Living.
Average Monthly Rent (2025)
| Apartment Type | Area (sq. ft.) | Avg. Rent (₹) | Common Locations |
|---|---|---|---|
| 1 BHK | 500–700 | ₹6,000–₹10,000 | Patia, Nayapalli |
| 2 BHK | 800–1,200 | ₹10,000–₹18,000 | Chandrasekharpur, Khandagiri |
| 3 BHK | 1,200–1,600 | ₹15,000–₹25,000 | Saheed Nagar, Rasulgarh |
Laws and Policies for Renting in Bhubaneswar
Renting is relatively straightforward, but it’s important to follow state rules:
- Rental Agreement – Generally 11 months, includes rent amount, deposit, notice period, and maintenance clauses.
- Security Deposit – Typically 1–3 months’ rent.
- Police Verification – Mandatory for landlords; helps prevent legal issues.
- Rent Control – Odisha has no strict rent cap, but hikes must follow the agreement.
- Smart City Guidelines – New housing projects follow green and zoning norms.
Tools and Resources for Renting
| Tool/Website | Purpose | Link |
|---|---|---|
| Magicbricks | Apartment listings with locality and price filters | magicbricks.com |
| NoBroker | Direct landlord connections, agreements | nobroker.in |
| 99acres | Verified property ads, price trends | 99acres.com |
| Housing.com | Co-living spaces, fully furnished rentals | housing.com |
| Bhubaneswar Smart City Portal | Housing zone updates, planning projects | bbsrsmartcity.com |
FAQs About Renting in Bhubaneswar
Q1: What is the average rent for a 2 BHK in Bhubaneswar?
₹10,000–₹18,000 per month, depending on location and furnishing.
Q2: Which areas are best for renting near IT hubs?
Patia, Chandrasekharpur, and Infocity.
Q3: Can I rent without a broker?
Yes, via platforms like NoBroker and direct online listings.
Q4: Is tenant police verification required?
Yes, strongly recommended for legal safety.
Q5: What documents are needed to rent?
Government ID, employment/student ID, photo, and deposit payment.
Final Thoughts
Bhubaneswar is no longer just a heritage city — it’s a growing business and education hub with a dynamic rental market. From budget-friendly student flats to premium apartments near IT parks, the city caters to a wide range of housing needs.
By knowing current market trends, following rental laws, and using trusted platforms, tenants can make informed, hassle-free decisions. Whether you’re moving for education, work, or a lifestyle change, Bhubaneswar offers affordable and well-connected living options for every stage of life.