Follow Us on Google News
The increasing population of Karachi has resulted in a heightened demand for rental properties within the city. Affordability remains a critical consideration for residents amidst escalating inflation.
Today, we focus on the Qayyumabad area of Karachi, recognized for its reputation as one of the more economical rental hubs and near to the Korangi Industrial area.
It is home to more than 70,000 people — including Pakhtun, Punjabi, Sindhi, Baloch and Urdu-speaking ethnicities, as well as Christians and scheduled caste Hindus.
In these localities, rental options include two-bedroom apartments priced between 22,000 to 24,000 rupees per month. Larger accommodations such as 3, 4, and 5-bedroom flats are also available, ranging up to 55,000 rupees per month.
Rental rates can fluctuate due to changes in the value of the rupee, inflation trends, and other socio-economic factors.
Navigating Karachi’s dynamic rental landscape requires a balance between financial constraints and location preferences. Nevertheless, with numerous neighborhoods spread across the city, finding a comfortable and affordable residence is achievable for those willing to explore alternatives and negotiate effectively.