Apartments for rent in Colombo +5 km (66 properties)

Apartments for rent in Colombo

Colombo, the largest and most prominent city in Sri Lanka, is a dynamic and cosmopolitan urban center, offering a wide range of commercial attractions, conveniences, and prospects for both its residents and guests. This bustling metropolis serves as a central hub for commerce, education, culture, and entertainment in the country. The commercial landscape of Colombo reflects a vibrant economy, with bustling markets, shopping districts, and corporate centers contributing to the city's reputation as a key commercial and economic powerhouse in Sri Lanka.

If you are in search of a place to call home in Colombo, you might want to explore the option of renting an apartment in Colombo. Opting for an apartment rental can bring about numerous advantages, including flexibility, convenience, and comfort. By choosing to rent an apartment, you can secure a residence in a prime location, closely situated to your workplace, educational institution, shopping centers, restaurants, hospitals, and more. Moreover, apartments often grant easy access to public transportation and various modes of travel. If you're traveling with a group or have an extensive family, the decision to rent an apartment together in Colombo can be a cost-effective solution, offering a comfortable foundation for your family vacation. It can create that warm, home-like atmosphere when you're away from your own residence. The majority of apartments available for rent in Colombo are fully furnished, which means you can concentrate on relishing your stay without being concerned about household tasks.

Depending on your needs and preferences, you can choose from different types of apartments for rent in Colombo. In Colombo, you'll discover a wide variety of apartments for rent, spanning from studio apartments to penthouses. You can encounter apartments that come fully furnished, partially furnished, or without furnishings. Additionally, you have the option to choose between short-term or long-term rentals. These rental options encompass different types of apartments, including semi-detached units and extensions attached to existing buildings. Along with one or two bedrooms, these apartments commonly include kitchen and dining areas, living rooms, and enough space to comfortably accommodate groups.

When searching for an apartment for rent in Colombo, several crucial factors should be taken into account. To begin with, it's essential to determine your monthly rent budget. Next, decide on the number of bedrooms and bathrooms that meet your requirements for your apartment. Additionally, you should assess the floor area and apartment layout. Evaluating the amenities and services included in the apartment is also crucial. Common facilities may encompass features such as air conditioning, hot water, internet, cable TV, and more. Lastly, it's wise to opt for an apartment located in a convenient and desirable area in Colombo.

Colombo is partitioned into 15 administrative sub-units, each with its own unique characteristics and attractions. The average price to rent a 3 bedroom moderate apartment in Colombo is Rs. 100,000. The city offers an array of residential areas to choose from. Whether you're seeking a cozy 1-bedroom apartment or a spacious 3-bedroom unit, you'll find options to suit your preferences and budget. Below is a breakdown of the average monthly rentals of moderate apartments by areas in greaterin Colombo:

• Colombo 2 and 3:

2-bedroom apartments: From around Rs. 271,626

3-bedroom apartments: Available at roughly Rs - 318,961

• Colombo 4, 5, and 6:

2-bedroom apartments: Priced around Rs. 153,325

3-bedroom apartments: Offered at roughly Rs. 198,945 

• Colombo 7:

2-bedroom apartments: Starting at approximately Rs. 245,255

3-bedroom apartments: From around Rs. 285,287

• Colombo 8 to 10:

2-bedroom apartments: Priced around Rs. 144,000

3-bedroom apartments: Offered at roughly Rs. 208,000

Beyond these 15 areas of Colombo, there are more diverse rental opportunities available in the city and its surrounding regions. If you're looking for apartments for rent in the outskirts of Colombo, consider exploring the suburban areas that have large populations and busy commercial centers. Dehiwala, Kottawa, Maharagama, Malabe, Nugegoda, and Panadura, among others, offer an array of rental options. To find the ideal apartment for rent in Colombo or its neighbouring areas, simply visit LankaPropertyWeb or House.lk. You can look at many property listings that get updated often and have lots of details and photos. You can also narrow down your search by location, price, size, and amenities. Plus, you can contact landlords or agents directly through the platform to set up viewings or make bookings.

Lastly, renting out apartments in Colombo can be a profitable and stable income source. Whether you're renting out a studio, a single-bedroom apartment, or a three-bedroom apartment, you can always earn a good income, either passively or actively. Regarding the typical advance payment duration, landlords usually seek a 3-6 months rent deposit. They require rent in advance for each month, and while the terms and conditions are generally in place, they can be open to negotiation.

Depending on your budget, one can also invest in a luxurious apartment and reap the rewards of a lucrative return on your investment by renting out luxury apartments. With the rising cost of living and a booming tourism industry, tenants are always on the lookout for apartments to rent. List your apartment on LankaPropertyWeb or House.lk and catch the attention of your perfect tenant.