Properties for Rent in Pakistan

Houses for rent in Pakistan

Rent Trends in the Real Estate Sector

Houses for rent are on the rise in Pakistan; from a renter’s perspective, it is a stable source of income and provides cash liquidity. From a tenant’s perspective, by living in a rental unit, they can save up on huge costs of buying a house. With recent trends of urbanization, residents are on the lookout for more economical, functional, and modern living options. 

Here is a list of some of the top areas for renting a property in Pakistan:

  • Islamabad
  • Rawalpindi
  • Abbottabad
  • Lahore
  • Karachi

Houses for Rent in Islamabad

Islamabad is the capital city of Pakistan and one of the most serene and beautiful cities. It is shadowed by the rising Margalla Hills, which provide a stunning backdrop to the city.

It has some of Pakistan’s top schools and universities and is a regional hub for many companies and economic activities. Hence, many people wish to settle in Islamabad. Many wish to live in the clean, safe, and secure surroundings of the city and avail the many opportunities and facilities the city provides.

When looking for houses for rent in Islamabad, residents will mostly find houses of 5 Marla, 10 Marla and 1 Kanal. Rent varies typically depending on locality, proximity with the commercial center, and the house size. 

Following are the top three localities where most residents are looking for houses for rent in Islamabad:

  • G-13
  • F-7
  • F-8
Area NameLowest Rent for 5 marlaHighest Rent for 1 Kanal
G-13PKR 16,000PKR 2.6 lac
F-7PKR 45,000PKR 11 lac
F-8PKR 75,000PKR 10 lac

Houses for Rent in Rawalpindi

When one talks about Islamabad, one cannot help but mention Rawalpindi; after all, they are the twin cities! If Islamabad is a city with grandeur and luxury, Rawalpindi is the city that exudes a mellow and laid-back lifestyle. The city has many affluent areas, but it is away from the hustle and bustle of the big city of Islamabad.

For residents that wish to avail the extravagance and leisure of Islamabad but also live in a more laid-back and relaxed housing society, then Rawalpindi is the way to go. 

Following are some of the top three localities for houses for rent in Rawalpindi that are high in demand:

  • Bahria Town Rawalpindi
  • Satellite Town
  • Askari 14
Area NameLowest Rent for 5 marlaHighest Rent for 1 kanal
Bahria Town RawalpindiPKR 22,000PKR 2.5 lac
Satellite TownPKR 30,000PKR 1.85 lac
Askari 14PKR 50,000PKR 1.1 lac

Houses for Rent in Abbottabad 

Abbottabad is a hill station in the Khyber Pakhtunkhwa province, about 2 hours drive from Islamabad via the Hazara Motorway. Pertaining to its location and weather, it is often considered a vacation spot for many.

Many top business families hail from this part of Pakistan, and over the years, Abbottabad has developed into a small hub of business, economics, and education. The city has some of the best healthcare and recreational facilities.

Here is a list of some of the top areas where Houses for rent in Abbottabad that are experiencing an influx of rental units and are high in demand:

  • Jinnahabad
  • Bilal Town
  • Habibullah Colony
Area NameLowest Rent for 5 marlaHighest Rent for 1 kanal
JinnahabadPKR 40,000PKR 80,000
Bilal TownPKR 18,000PKR 55,000
Habibullah ColonyPKR 30,000PKR 80,000

Houses for Rent in Lahore

Over the years, Lahore has emerged as a major city of Pakistan, with many people migrating from adjoining areas. It has significantly grown in size and population, so the demand for real estate is also at an all-time high. With that being said, people are on the lookout for smaller, more manageable, and affordable housing options, and so rental units are growing. 

Following are the top areas where houses for rent in Lahore are high in demand:

  • DHA Defence
  • Gulberg
  • Bahria Town
Area NameLowest Rent for 5 marlaHighest Rent for 1 kanal
DHA Defence Phase 5,6PKR 20,000PKR 5 lac
GulbergPKR 18,000PKR 6 lac
Bahria TownPKR 25,000PKR 2.75 lac

Houses for Rent in Karachi 

Karachi is the metropolitan city of Pakistan, with a fast-paced lifestyle and hub of diverse communities. It has well-established neighborhoods that seem like whole cities within itself. 

Over the decades, with an increase in migration, the city continues to grow and expand, and with it, the real estate sector of Karachi is also flourishing.

Currently, the Karachi real estate market is the most expensive in Pakistan. The land value has sky-rocketed leaving the huge working-class and middle and lower socioeconomic sections of society considering rental options for living. 

Following are some of the top areas for houses for rent in Karachi that are currently experiencing high demands:

  • DHA Defence
  • Bahria Town Karachi
  • Clifton
Area NameLowest Rent for 5 marlaHighest Rent for 1 kanal
DHA Defence Phase 6, 7PKR 50,000PKR 7 lac
Bahria Town KarachiPKR 35,000PKR 2.5 lac
CliftonPKR 65,000PKR 7 lac

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