Houses for rent in Malabe & suburbs (25 properties)

Houses 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

As a residential hub, Malabe also hosts a growing and diverse commercial sector, with a multitude of office space locations available in the area. In Malabe, where numerous office spaces are available for rent in Malabe, individuals in search of a suitable working environment can explore co-working spaces in Maharagama, 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 Malabe’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 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 a house 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 houses for rent in Malabe of varying sizes, designs, and amenities. You even have the option to rent a house in Malabe’s suburbs such as Battaramulla, Athurugiriya, Kaduwela, Pannipitiya, and Thalahena. 

The average monthly rental price for houses in Malabe is Rs.102,090. Starting prices for houses for rent in Malabe vary according to location, condition, and features. You can expect to pay around Rs. 56,667 for a 1-bedroom house for rent in Malabe in a decent area with basic amenities, and a 2-bedroom rental house in Malabe will be around Rs. 55,000 a month in a good area with moderate facilities, and upwards of Rs. 82,154 for a 3-bedroom house for rent in Malabe in a prime location with luxury features. As for a 4-bedroom house, the average rental price is Rs. 154,130, and for a 5-bedroom house for rent in Malabe, it is Rs. 162,500.

For individuals or smaller families seeking a more compact and affordable option, apartments and annexes provide an excellent choice. Apartments for rent in Malabe 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 Malabe at low prices. For those looking for a shorter stay in the vicinity, short-term rentals in Malabe might be the answer, with many available in the Malabe 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 Malabe 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 Malabe typically have three bedrooms, with an average size of around 1,200 square feet. Landlords often request an advance payment equal to around six (6) months' rent. If you are looking to move to this bustling city, then some of the most popular streets 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 a house 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 houses 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 a house 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 houses in Malabe that meet your needs and budget. By following the tips above, you can find the best houses for rent in Malabe with ease.