Background: The educational environment can be described as the atmosphere perceived by the students and teachers. It affects the transfer/acquisition of knowledge and skills needed in training medical students. Assessing the Educational environment of medical schools is a current global trend and has even been suggested by the National Medical Commission. The DREEM tool is a widely accepted and globally validated instrument for assessing the educational environment in undergraduate medical institutions and has five subscales including perceptions of learning, perceptions of teachers, academic self-perceptions, perceptions of the environment and social self-perceptions. DREEM is a valid tool in referring to deficient areas in the learning process. Objective: To assess the student’s perception of the educational environment using the Dundee Ready Education Environment Measure (DREEM) questionnaire among undergraduate medical students. Methodology: A Cross-sectional study was conducted at Dr. Shankarrao Chavan Government Medical College, Nanded from January 2022 to December 2022 among 450 first to final-year MBBS students using the DREEM inventory scale. Results: The first-year students perceived the Educational environment most positively, with the highest global DREEM score of 120/200. The global scores of the 4th-year students were the lowest. The highest scores were recorded for the Student's perceptions of learning (SPL) domain (34.19/48, 71.23%), followed by student's academic self-perceptions (SASP) (22.21/32, 69.41%), student's perceptions of atmosphere (SPA) (32.25/48, 67.19%), student's perceptions of teachers (SPT) (30.48/44, 69.27%). Conclusion: The undergraduate medical student's perception of the educational environment is positive and there is scope for improvement and some general measures like improvement of student's accommodation, inclusion of stress relieving measures in the curriculum, encouragement of extra-curricular activities etc.