Apartments for rent in Malabe & suburbs (18 properties)

Apartments for rent in Malabe

Malabe, nestled within the outskirts of Colombo, stands as a burgeoning urban center in Sri Lanka, seamlessly blending residential tranquility with commercial vigor. It has witnessed a notable surge in commercial development, with shopping complexes, restaurants, and businesses dotting its landscape. The suburb's strategic location and growing economic activity make it a noteworthy hub within the greater Colombo metropolitan region, reflecting the progressive spirit of modern 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 Battaramulla-Athurugiriya Road (B187), New Kandy Road (A1), Colombo Outer Circular Expressway (E04), and Pannipitiya Road further enhance accessibility, making it easy to travel to and from the suburb. Malabe is a hub for various educational establishments, which include the Sri Lanka Institute of Information Technology (SLIIT) and Colombo International Nautical and Engineering College (CINEC) as well as a wide range of well-regarded schools such as Horizon College International and Royal Institute International School.

A good residential hub is not complete without good recreational spaces, and Malabe has plenty of them. The walking tracks and gardens at the Malabe Jogging Track provide families and fitness enthusiasts with the perfect tranquil sanctuary from their busy lives.

Find Rental Options

For those considering relocating to Malabe, 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 an apartment in Malabe 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 apartments for rent in Malabe of varying sizes, designs, and amenities. You even have the option to rent an apartment in Malabe’s suburbs such as Athurugiriya, Thalahena, Kahanthota, and Pelawatta.

Starting prices for apartments for rent in Malabe vary according to location, condition, and features. A 2-bedroom rental apartment in Malabe will be around Rs. 109,231 a month in a good area with moderate facilities, and upwards of Rs. 114,808 for a 3-bedroom apartment for rent in Malabe in a prime location with luxury features. 

Affordable and Fully Furnished Apartments for Rent in Malabe

If you're thinking about living in Malabe for short-term or long-term purposes, renting an apartment might be a good choice. Apartments feel more like home compared to sharing space with others, and renting an apartment in Malabe is usually more affordable than buying a house.

If you're traveling with a group or have a big family, renting an apartment together can help save money and give you a cozy place for your family vacation. Most rented apartments come fully furnished, so you don't have to worry about doing household chores and can focus on enjoying your stay.

For those seeking the ultimate in convenience and luxury, Malabe's serviced apartments are a dream come true. Forget household chores! These fully furnished havens offer housekeeping, laundry services, and on-site amenities like gyms, swimming pools, and even rooftop gardens. Imagine returning from a day exploring ancient temples to a spotless haven, with a refreshing dip in the pool beckons. Serviced apartments are ideal for expats, business travelers, and anyone who desires a hassle-free, pampered Rajagiriya experience.

Apartments for rent in Malabe can be different, ranging from homes with shared walls to new parts added to existing buildings. They often have one, two, three, or more bedrooms, kitchens, dining areas, living rooms, and enough space for everyone to stay comfortably.

Choosing the Right Apartment in Malabe

When searching for an apartment for rent in Malabe, think about the location of it. Make sure the neighborhood is safe and close to essential facilities such as buses, banks, shops, hospitals, supermarkets, and other essential facilities you require.

Make sure to check the details of the apartment. Look at the materials it's made of such as the building materials and construction quality. Check if it has the basic modern amenities such as 24-hour security, backup generator, car parking, fire detection, lift, laundry, and LP Gas system. Make sure there's a maintenance man to fix things in the apartment if something breaks.

Navigating the Rental Process

Navigating the apartment 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 apartments for rent in Malabe and contact landlords directly. These platforms also provide useful tools like market reports and home loan calculators to aid in informed decision-making. You can even chat with the renter using our built-in messaging system within member accounts.

Most rental apartments in Malabe typically have two bedrooms, with an average size of around 900 - 1,250 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 areas to live in Malabe include Bathalawatta Malabe Cross Road, Daham Mawatha, Mahawatte Road, Millagahawatta Road and Shanthipura Road.

Renting Out Your Malabe Property: A Promising Opportunity

If you own an apartment in Malabe 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 apartments in Malabe 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.

Renting an apartment in Malabe is a great option if you are looking for a convenient and affordable place to live. With a wide range of properties available in Malabe, you are sure to find rental apartments in Malabe that meet your needs and budget. By following the tips above, you can find the best apartments for rent in Malabe with ease.