Houses for rent in Colombo 8 & suburbs (60 properties)

Houses for rent in Borella

Borella, also known as Colombo 08, is a blend of city life and relaxed living in Sri Lanka. Known for its commercial activity, this area features a mix of businesses, restaurants, and services. With its green streets and friendly atmosphere, Borella mirrors the diversity of Colombo, weaving together old stories with modern living. Take a stroll through local markets, explore historical spots, and enjoy the parks. Colombo 08 captures the unique essence of Colombo 08, making it an ideal place for individuals to call home in the vibrant city of Sri Lanka.

This town enjoys seamless connectivity to the rest of Colombo via a well-established public transportation network, including buses and trains. Major roads like Baseline Road (A4), D.S. Senanayake Mawatha, Dematagoda Road, Cotta Road, Elvitigala Mawatha, Rajagiriya-Diyawanna Oya Road and Castle Street further enhance accessibility, making it easy to travel to and from the suburb. Colombo 08 is a hub for various educational establishments, which include Aquinas College of Higher Studies, Postgraduate Institute of Management (PIM) and NIBM School of Business and Earth University College as well as a wide range of well-regarded schools such as Devi Balika Vidyalaya, The British School in Colombo and Carey College. 

A good residential hub is not complete without good recreational spaces, and Borella has plenty of them. Campbell Park and Lumbini Park provide families and fitness enthusiasts with the perfect tranquil sanctuary from their busy lives.

Find Rental Options

As a residential hub, Borella also hosts a growing and diverse commercial sector, with a multitude of office space locations available in the area. In Colombo 08, where numerous office spaces are available for rent, individuals in search of a suitable working environment can explore co-working spaces in Borella, making it an ideal area to live and work. Whether you are looking for short-term flexibility or long-term stability, the diverse choices in Colombo 08’s commercial landscape cater to various business needs. Take advantage of these platforms to find the ideal office space that aligns with your specific requirements.

For those considering relocating to Borella, this town presents a comprehensive spectrum of real estate opportunities, catering to a wide range of needs and preferences. Whether you seek a spacious house, a cozy apartment, or a convenient annex, this suburb has a property tailored to your lifestyle. Renting a house in Colombo 08 offers a practical alternative to property ownership, providing the flexibility to move when desired without the financial burden of ownership. Depending on your budget and preferences, explore houses for rent in Borella of varying sizes, designs, and amenities. You even have the option to rent a house in Colombo 08's suburbs such as Rajagiriya, Cinnamon Gardens (Colombo 7), Dematagoda, Maradana and Bambalapitiya. 

The average monthly rental price for houses in Borella is Rs. 1,305,378. Starting prices for houses for rent in Colombo 08 vary according to location, condition, and features. You can expect to pay around Rs. 50,000 for a 1-bedroom house for rent in Borella in a decent area with basic amenities, and a 2-bedroom rental house in Colombo 08 will be around Rs. 139,000 a month in a good area with moderate facilities, and upwards of Rs. 219,375 for a 3-bedroom house for rent in Borella in a prime location with luxury features. As for a 4-bedroom house, the average rental price is Rs. 353,148, and for a 5-bedroom house for rent in Colombo 08, it is Rs. 543,855. 

For individuals or smaller families seeking a more compact and affordable option, apartments and annexes provide an excellent choice. Apartments for rent in Borella are typically located in multi-story buildings with shared facilities, while annexes are usually attached or detached units within a larger property. 

For students or single professionals seeking budget-friendly accommodation, room rentals offer a practical solution. Rooms are usually single units within a larger property with shared facilities. You can find rooms for rent in Colombo 08 for a lower price. For those looking for a shorter stay in the vicinity, short-term rentals might be the answer, with many available in the Borella area.

Navigating the Rental Process

Navigating the house rental landscape in Sri Lanka becomes effortless with the aid of online platforms like LankaPropertyWeb and House.lk. These websites feature extensive property listings across Sri Lanka, providing detailed information, including pictures, descriptions, prices, and contact details. Filter your search by property type, size, price, location, and amenities to narrow down your options. Compare different houses for rent in Colombo 08 and contact owners or agents directly. These platforms also provide useful tools like market reports and home loan calculators to aid in informed decision-making.

Most rental houses in Borella typically have three bedrooms, with an average size of around 1,200 square feet. Landlords often request an advance payment equal to around 3-6 months' rent. If you are looking to move to this bustling city, then some of the most popular streets to live in Colombo 08 include Cotta Road, Jawatte Road, Elvitigala Mawatha, Philip Gunawardena Mawatha and Castle Street. 

Renting Out Your Borella Property: A Promising Opportunity

If you own a house in Colombo 08 and are considering renting it out, make use of established online platforms like LankaPropertyWeb and House.lk to advertise your property. This provides an opportunity to generate a steady monthly income while retaining ownership of the property. Renting out houses in Borella can effectively cover various ownership expenses, including property taxes, loan payments, and upkeep costs.

As a homeowner renting out your property, prioritize regular maintenance and upkeep to ensure its appeal and value. Address any repairs promptly, and maintain a clean and comfortable living environment for your tenants. Ensure compliance with all relevant rental regulations and agreements. Clearly outline terms and conditions in a written lease agreement to avoid potential disputes.