The hostel facilities associated with IMDR include options at Fergusson College and BMCC, located within 50 to 100 meters from the college. Hostels are available only for boys, with triple sharing rooms and shared bathrooms for 10 people. Hostel fees are low, with some reports indicating fees around Rs 2,000, while other reports mention annual fees ranging from Rs 30,000 to Rs 80,000 depending on the type of accommodation (double or triple sharing).
Despite affordability, the hostels are often described as having basic amenities and limited seats, pushing most students (90%) to prefer nearby PGs or rental accommodations. PGs cost about Rs 7,000 to Rs 8,000 per person, while 1BHK rentals range from Rs 8,000 to Rs 15,000, and 2BHKs from Rs 15,000 to Rs 20,000. The college does not provide a mess, though meal costs in the area range between Rs 40 and Rs 100 per meal. The canteen is basic, with below-average food quality, and the area has multiple affordable food options.
No hostel facilities are provided for girls, necessitating private arrangements.
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