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In May 1943, at the age of 20, while still pursuing his Intermediate, Rao married Smt. Basava Rama Tarakam, the daughter of his maternal uncle. The marriage resulted in twelve children; including eight sons and four daughters, namely: Ramakrishna Sr., Jayakrishna, Saikrishna, Harikrishna, Mohanakrishna, Balakrishna, Ramakrishna Jr., Jayashankarakrishna, Garapati Lokeswari (daughter), Daggubati Purandeswari (daughter), Nara Bhuvaneswari (daughter), and Kantamaneni Umamaheswari (daughter).[29]
Smt. Basava Tarakam died of cancer in 1985.[30] In her memory, Rao established the Basavatarakam Indo-American Cancer Hospital in Hyderabad, in 1986.[31] In 1993, NTR married Lakshmi Parvathi, a Telugu writer.[32] The marriage was childless and lasted until NTR's death less than three years later. Parvati was the author of NTR's two-volume biography published in 2004. The first volume, Eduruleni Manishi (transl. Unstoppable person), covers his childhood and his entry into films. The second volume, Telugu Tejam (transl. The radiance of Telugu), deals with his political career.[33][34]
NTR's eldest son, Nandamuri Ramakrishna Sr., died in 1962, 1944-1962 soon after Rao completed shooting of the film Irugu Porugu.[35] Rao founded the film studios Ramakrishna Studios in Nacharam in his memory. NTR's second son, Nandamuri Jayakrishna is a film exhibitor and producer, his son Nandamuri Chaitanya Krishna is also a film producer.[36][37] NTR's third son, Nandamuri Saikrishna, who was a theatre owner, died in 2004 following diabetic complications.[38] His fourth son, Nandamuri Harikrishna, who died in a car accident on 29 August 2018, was a child actor-turned-politician elected to the Rajya Sabha, representing the TDP. Harikrishna's sons Nandamuri Kalyan Ram and N. T. Rama Rao Jr. are also actors in the Telugu cinema, with the latter being one of the leading actors in Tollywood since the early-2000s.[39] NTR's fifth son Nandamuri Mohana Krishna is a cinematographer, and his son Taraka Ratna was also an actor who died in 2023.[40][41] NTR's sixth son, Nandamuri Balakrishna, has been one of the leading actors in Tollywood since the mid-1980s. He also started his career as a child artist. Balakrishna contested 2014 assembly elections as a TDP candidate.[42] He won the Hindupur Assembly Constituency. His seventh son, Nandamuri Ramakrishna Jr. is a film producer.