Property Rent Rates & Price Trends in Shimla - 2020
The latest trends on renting a property in Shimla help the end-users and investors to take the right decision. The rental price trends of Shimla highlight the price range and the average rental rate of property in Shimla. Rental price trends in Shimla can be used to compare the rental options in various localities. This helps the landlord and tenant know the right price in their locality and in neighbouring areas before taking a final decision. At present, rentals properties in Shimla starts from around ₹ 8000 while the average rent in Shimla is ₹ 10171. At present, there are 7 localities in Shimla where the rents are moving higher. At the same time, there are 2 localities in Shimla where the rents have reduced. The data clearly highlights that the rental prospects of Shimla are showing a down trend since the last six months. makaan.com provides regular updates on the data of price trends of rental rates in Shimla. Over the site, one can also track the rates of luxury and affordable apartments for rent in Shimla. Look for quarter-on-quarter comparison of rent for apartments in Shimla in the specified budget.
Here are some latest rental price trends of Shimla presented by Makaan.com
- Total number of properties for rent listed in Shimla are 108
- The rental price of properties in Shimla starts from around ₹ 8000
- The most expensive rental property listed in Shimla is priced at ₹ 45000