Top 11 Affordable Places To Live In Kochi (Cochin)

Kochi (Cochin), also known as the Queen of the Arabian Sea, is located in the Ernakulam district of Kerala. It is a well known destination among tourists owing to its rich culture, historical significance, stunning landscapes, backwaters, and beaches.

Kochi is largely regarded as Kerala's financial and commercial capital. Due to the increasing demand in the IT sector, the thriving port city of Kochi offers employment opportunities for thousands of fresh graduates. The city is a bustling cosmopolitan metropolis, with an exciting energy that can be felt in the streets, movie halls and malls. It's also a hub for commerce and style.

Kochi also has rich historical roots, with stunning monuments and a diverse linguistic and ethnic community that includes Jews, Konkani, Gujarati, and more. As a rapidly growing market, Kochi offers great prospects for progress and wealth to those who come to the city.

In short, Kochi provides a unique blend of modernism, historical beauty, and a global perspective that allows for both continuity and change making it an ideal location for settling. With so many economical areas to choose from, we've compiled a list of 11 best residential area in Kochi to consider if you are planning to settle here.

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List of Economic Residential Areas In Kochi

Interestingly, Kochi offers many suitable areas to reside in when measured on many criteria such as infrastructure, industry growth, opportunities for future development, possibilities for further education, and so on. Continue reading the blog to find a cheap and best areas to live in Kochi.

#1 Edappally 

Edappally is both a large commercial center and a prominent residential area. One of the primary benefits of considering this area is its excellent connectivity, which includes a nearby metro station and a major bus terminal. This makes commuting easy and convenient for everyone. 

Property Rent Rates in Edappally: 1 BHK = Rs 6,000 - Rs 9,000

Amenities available near Edappally:

• Schools: Government Higher Secondary School, St. George's High School, Champion School, etc.

• Companies: Citrus Informatics (India) Pvt Ltd, Quintet Solutions, Geojit Technologies, etc.

• Hospitals: Amrita Hospital, Renai Medicity Hospital, Evershine Hospital, etc.

• Shopping Malls/Cafes: Grand Mall, LULU, Oberon Mall

• Parks for recreation: Changampuzha Park, Edappally Raghavan Pillai Memorial Park etc

• Places to visit: Edappally Church, LULU etc

Lesser Known Fact: The famous Lulu International Shopping Mall and Kerala History Museum are located in Edapally.

#2 Kakkanad

Kakkanad is a lovely residential neighborhood in Kochi, surrounded by gorgeous landscapes and vital infrastructure that make it one of the best places to live in Kochi if you want to be surrounded by nature. With many schools and universities nearby, you can also gain access to various facilities right there!

There are various ready-to-move alternatives available in or around Kakkanad for people seeking residences within their budget, including furnished flats and apartments.

Property Rent Rates in Kakkanad: 1 BHK = Rs 9,000 - Rs 15,000

Amenities available near Kakkanad:

• Schools: Mar Thoma Public School, Rajagiri Christu Jayanthi Public School, Bhavan's Adarsha Vidyalaya, etc.

• Companies: Aabasoft, Cognizant Technology Solutions, Orion Business Innovation, etc.

• Hospitals: Sunrise Hospital, Thrikkakara Municipal Co-Operative Hospital, etc.

• Shopping Malls/Cafes: Tonico Cafe, Hustoh Resto Cafe, ViiBee The Cafe, etc.

• Parks for recreation: Municipal Park, Parakulam park, etc.

Lesser Known Fact: The Smart City (India's largest IT Township), Software Export Promotion Zone and the Kochi InfoPark (Kerala's second-largest IT industrial park) are all located in Kakkanad.

#3 Thrippunithura

Thrippunithura is a well-known historical and residential district in Kochi. Thrippunithura is well connected by rail and road routes and has several educational institutions, making it a good haven for education and settlement.

Property Rent Rates in Thrippunithura: 1 BHK = Rs 8,000 - Rs 13,000

Amenities available near Thrippunithura:

• Schools: Sreenarayana Vidyapeetam Public School, The Choice School, Chinmaya Vidyalaya, etc.

• Companies: THRIPUNITHURA AGRO NIDHI LTD, Smacon Technologies (P) Limited, etc.

• Hospitals: Varma Hospital, Taluk Head Quarters Hospital, Tripunithura, Nirmala Hospital, etc.

• Shopping Malls/Cafes: Coffee Day, CAFE 24 Tripunithura, N Square Mall, etc.

• Parks for recreation: Thanneerchal Park, Gandhi Square Mini Park, Children's Park Hill Palace, etc.

• Places to visit: Hill Palace Museum, Sree Poornathrayeesa Temple Tripunithura, etc.

Lesser Known Fact: The well-known Hill Palace Museum is located here.

#4 Vytilla

This is Kerala's busiest and most visible junction. The Kochi Bypass, the S. A. Road, the Vyttila-Petta Road, and the Thammanam Road are all connected by this node. Mobility hubs, hospitals, schools, playschools, nurseries, restaurants, malls, backwaters, banks, train stations, and clubs make it an ideal place to live.

Property Rent Rates in Vytilla: 1 BHk rate = Rs 9,000 - Rs 15,000

Amenities available near Vytilla:

• Schools: Toc-H Public School, The Charter School, St. Rita's High School, etc.

• Companies: Confident Group Builders, Artzsource Technology Services Pvt Ltd, ALCOGI Software Private Limited, etc.

• Hospitals: Welcare Hospital, Medall Healthcare, Dr. Joys Hospital For Women and Children, etc.

• Shopping Malls/Cafes: Gold Souk Grande Mall, Brew Hub Coffee Shop, Aussies Cafe & Restaurant, etc.

• Parks for recreation: Pokkali Park, Kaniyampuzha Park, Vayojana Park, etc.

Lesser Known Fact: Vytilla, as the name suggests, is a junction in the city of Kochi.

#5 Palarivattom

Palarivattom is a prime residential area near MG Road in Kochi. Several IT training centers, salons, gyms, hospitals, retail stores, boutiques, and restaurants have opened on the stretch between the round junction and the signal junction. So, if you want to live on a vast scale, there are plenty of apartments in Palarivattom.

Property Rent Rates in Palarivattom: 1 BHK = Rs 8,000 - Rs 15,000

Amenities available near Palarivattom:

• Schools: The Charter School, Saint Vincent De Paul School, St. Vincent Upper Primary School, etc.

• Companies: COGNIZ INFO TECH, SBSOL Digital Pvt. Ltd, Arbaneo Solutions, etc.

• Hospitals: Ernakulam Medical Center, Renai Medicity Hospital, Hestia Medicare, etc.

• Shopping Malls/Cafes: Hustoh Resto Cafe, Westley's Restocafe, Zaatar Restaurant, etc.

• Parks for recreation: Changampuzha Park

#6 Kadavanthra

Kadavanthra is a downtown region and a major commercial center in Kochi, close to the city's biggest railway station, 'Ernakulam Junction' and Kochi's commercial high street, the M.G.Road. Kadavanthra Junction is a significant intersection in Kochi, one of the busiest in the city.

The region is an emerging commercial high street with branded retail stores and many 3- and 5-star hotels. Posh areas in Kochi like Panampilly Nagar, Giri Nagar, Gandhi Nagar and Jawahar Nagar are included in the Kadavanthra locality.

Property Rent Rates in Kadavanthra: 1 BHK = Rs 8,000 - Rs 10,000

Amenities available near Kadavanthra:

• Schools: The Charter School Kochi, Bhavan's Vidya Mandir, Kendriya Vidyalaya Kadavanthra, etc.

• Companies: Crescent Technologies, Business Studio, Iris Computers Limited, etc.

• Hospitals: Indira Gandhi Co-Operative Hospital, Akshaya Hospital, Chaithanya ENT Hospital, etc.

• Shopping Malls/Cafes: Pandhal Cafè & Deli, Cafe Papaya, Cafe crepe, etc.

• Parks for recreation: GCDA Park, Girinagar park, The Streetscape, etc.

Lesser Known Fact: The Greater Cochin Development Authority, the statutory body overseeing the development of Kochi, and the NIA (National Investigation Agency) is located in Kadavanthra.

#7 Kaloor

Kaloor is a well-developed and ideal residential neighborhood if you work in an office. You may use active public transit to navigate the city easily. With a private bus terminal, Kaloor offers the finest access to all areas in Kochi and the surrounding districts.

Property Rent Rates in Kaloor: 1 BHK = Rs 8,000 - Rs 12,000

Amenities available near Kaloor:

• Schools: Greets Public School, The Charter School Kochi, EuroKids Pre-School, etc.

• Companies: Renfos Technologies, Notetech Software, Vofox Solutions Pvt Ltd, etc.

• Hospitals: Sunrise Hospital, PVS Memorial Hospital, Lisie Hospital, etc.

• Shopping Malls/Cafes: ChaiCofi, Avocado Cafe, Cups magic, etc.

• Parks for recreation: Vailoppilli Smaraka Park, Children's Park, etc.

• Places to visit: St. Antony's shrine, Jawaharlal Nehru Stadium

#8 Fort Kochi

Fort Kochi is one of Kochi's most tranquil locations, providing visitors a plethora of beauties and beaches. Fort Kochi is widely renowned for its Chinese fishing nets, and an annual celebration is held on New Year's Eve.

Property Rent Rates in Fort Kochi: 1 BHK = Rs 8,000 - Rs 15,000

Amenities available near Fort Kochi:

• Schools: St. Paul's Public School, St. Mary's Anglo Indian Girls High School, The Delta Study, etc.

• Companies: Oxyluscorp, Kaveri Constructions, Spectra Signage, etc.

• Hospitals: Fort Kochi Government Hospital, Govt Taluk Headquarters Hospital, Sangeeth Hospital, etc.

• Shopping Malls/Cafes: Loafers Corner Cafe, Qissa Cafe, Kashi Art Café, etc.

• Parks for recreation: Jawahar Park, Nehru Park For Children, Thamarakulam Park, etc.

Lesser Known Fact: Fort Kochi is a picturesque neighborhood filled with colonial-era residences, old historical buildings of worship, etc

#9 Kalamassery

Kalamaserry is most likely an industrial area with many undeveloped lands presently growing into residential areas. Kalamaserry is an excellent location that is easily accessible by road and rail. As a significant industrial zone, this location creates many employment openings. The low cost of living provides substantial advantages to this location.

Property Rent Rates in Kalamassery: 1 BHK = Rs 8,000 - Rs 12,000

Amenities available near Kalamassery:​

• Schools: St. Paul's International School, Rajagiri Public School, The Charter School Kochi, etc.

• Companies: Apollo Tyres, KINFRA Hi-Tech Park, Electronics City, etc.

• Hospitals: Sunrise Hospital, Jacobs Hospital, etc.

• Shopping Malls/Cafes: Cafe Cochin, DownHill Cafe, OPK Cafe, etc.

• Parks for recreation: Science Park, Butterfly Park, etc.

Lesser Known Fact: The National University of Advanced Legal Studies, Ernakulam Medical College, and the CUSAT are all located in Kalamassery

#10 Aluva

Aluva is a metropolitan city on the banks of the Periyar River. This city also houses India's largest private bank and other small-scale institutions that deal with the town's financial operations. Aside from that, there are several cultural sites, including monuments and temples, for travelers worldwide to visit. It has established transportation systems, making it the state's most central and busiest region. It is conveniently located near schools, hospitals, bus stops, train stations, and the airport—an excellent location to live. 

Property Rent Rates in Aluva: 1 BHK = Rs 8,000 - Rs 12,000

Amenities available near Aluva:

• Schools: St. Mary's School, Nirmala Higher Secondary School, SNDP Higher Secondary School, etc.

• Companies: CONSIST - Global Center of Excellence, Brooklyn Associates, Coral Business Solutions, etc.

• Hospitals: District Hospital Aluva, Lakshmi Hospital, Carmel Hospital, etc.

• Shopping Malls/Cafes: CAFE FIESTA, Cafe 41, NOSH HAUS, etc.

• Parks for recreation: Aluva Municipal Park, APJ Abdul Kalam Park, etc.

Lesser Known Fact: Aluva is well-known for its Maha Shivaratri festival, celebrated yearly at the Shiva Temple on the banks of the Periyar river. Aluva is also known as Kochi's satellite town.

#11 Angamaly

Angamaly is a municipality in the Ernakulam district of Kerala. Several prominent colleges, hospitals, retail malls, and other amenities are nearby. It has several vibrant historical sites, including temples, churches, and traditional locations that are significant to the locals or population. Living in this area is relatively cheap, and you may purchase a reasonably priced property with numerous amenities.

Property Rent Rates in Angamaly: 1 BHK = Rs 8,000 - Rs 15,000

Amenities available near Angamaly:​

• Schools: De Paul English Medium Higher Secondary School, Don Bosco Central School, Viswajyothi Public School, etc.

• Companies: ClizoTech, Alpha Technologies, Trescon Software Private Limited, etc.

• Hospitals: Little Flower Hospital, KG Hospital, Apollo Adlux Hospital, etc.

• Shopping Malls/Cafes: KSRTC Building Complex, HEAVEN CAFE, 100 Rifles RestoCafe, etc.

• Parks for recreation: Angamaly Municipal Park for kids, Peechanickad children's park, etc.

Lesser Known Fact: Cochin International Airport is located near Angamaly.

Due to the ever-increasing relocation demands, relocating and finalizing an ideal new house in Kochi is one of the most challenging tasks. Here is a list of places that are affordable residential communities to live in after thorough verification, where you will get all the amenities of modern life as per your daily necessities where you may live peacefully and reasonably with your family.