InyinyaAgbaOku:

They are not talking of estates. Estates are expensive everywhere

asha90:
At times I shudder at NL mods. How can somebody wake up and coin something in his mind and post on the NL and suddenly it will appear on the FP? This is supposed to be a news site where veritable and genuine information is shared. Apart from Abuja, Lagos and PH which most of its areas are expensive comparatively to other states. Whereas other parts of Nigeria have low scale, medium scale and upscale hoods. And the rents are classified in that order.

There are upscale and expensive parts of Onitsha, Enugu, Warri etc, same way there are low rent areas and this is in equilibrium in the aforementioned cities. But it is not the same in Abuja, Lagos and PH that has almost most of it's hoods damn expensive.

If we are to talk about all round most expensive cities, it is:

1. Abuja

2. Lagos

3. Port Harcourt

Nigga44:
Enugu was not this expensive 3 years ago. I don't know why the landlords suddenly became very greedy and inconsiderate.

You build house and you wan collect the whole money today today. Does it work like that?

I think the Enugu state government should look into this matter

chigoizie7:



I am not talking about estates here bro.


Awka is generally very expensive in terms of rent.

Is it ifite road, okpuno, walks road,govt house, commissioners quarters? Mention any place here in awka, it is relatively expensive.

martineverest:
op,try to conduct proper survey....abuja and portharcourt are the most xpensive

InyinyaAgbaOku:

What is low rent in a city may be high in another.
That's what the op was saying. Low rent areas in PH may pay for a 2 bedroom flat in a high rent area of Gombe

asha90:
The point is that it is only Abuja, Lagos and PH can pass for cities with expensive rent. Other southern Nigerian cities has a lot in common when it concerns rent. The same thing happens in the north with it's own rent regime different from the south.

Mblem:
agent money alone in Lagos is unbearable.... its ×3 of the rent ....

drucee21:
Abeg no vex but after abuja the next na ph. In places in ph that can be compared to town in warri house rent na die. Personally our tenants in 2 bedroom flats pay 550k anually for our houses in ph. Warri is cheap compared to ph. In ph i know a certain estate where foriegners pay $101,000 annually for a 3 bedroom and $34,000 for selfcon.

forgiveness:


dey dere dey Wetin u no sabi.

P/h is still small pikin I say small pikin when you compare house rent with Lagos.

All those G. R. A in p/h are small pikin area for some mainland areas in Lagos. Those are the places you can compare with G. R. A in P/h.

I know say una go fear fear.

What do you expect when you hear say billionaires, multi millionaires, expatriates, oil companies workers etc are residing in Lasgidi? no be mere commission in Saraki's voice dey live 4 Ikoyi ooooo. Hehehe!

As for the 35m per annum, Ok, oya see with ya eyes.

https://www.nigeriapropertycentre.com/for-rent/flats-apartments/lagos/ikoyi/showtype?bedrooms=2

https://www.nigeriapropertycentre.com/for-rent/flats-apartments/lagos/ikeja/showtype?bedrooms=2


https://www.nigeriapropertycentre.com/for-rent/flats-apartments/lagos/surulere/showtype?bedrooms=2


https://www.nigeriapropertycentre.com/for-rent/flats-apartments/lagos/lekki/showtype?bedrooms=2


https://www.nigeriapropertycentre.com/for-rent/flats-apartments/lagos/victoria-island/showtype?bedrooms=2

Themandator:


I once lived in a one bedroom apartment in Calabar outskirts :Scanobo. My yearly rent was 220k... Excluding everything you mentioned.

kuuljay:
He is a lucky guy, I live in enugu and I tell you that house is very cheap

Kgdavid:


What of the money you make in UK? A burger flipper in the Uk can pay a burger flipper in Nigeria 10 times over, to be his personal burger flipper at home. No be so?

Gerrarrahia mehn

Rapmoney:
As a property manager and one who has visited many Nigerian cities, I did a research/survey and came out with the result of the top 5 cities in Nigeria where one would need to belt himself/herself very well before renting an apartment! This survey was carried out with the accommodation costs of houses/apartments found in condusive environments or areas characterized with the usual facilities that are found in an average African city. By this, this survey did not cover rural areas (villages), please.

1) ABUJA: In terms of the cost of renting an apartment, be it flat, self-con or bed-sitter, Abuja (the main city), is a place where you really need to eat 'bellefull' before doing that. This can really reduce your savings to a frustrating amount! It's in places like Maitama that you would see a one-bedroom flat that goes for 1million Naira!!! Any landlord/house agent who puts up same house for that amount in Benin-City is surely an 'Enemy of Progress' Are we buying the house? It's because of this that made many residents of Abuja to move to surburbs or outskirts of the city.

2) LAGOS: I discovered that most of the mini-flats in Lagos mainland are above 300k a year. You can get this same apartment, even with better facilities and in a more serene environment, at half the price, in Akure. When I saw the bed-sitter a friend of mine paid for at Oregun for 10k monthly, I wept!!!

3) WARRI: This would have come after Port-Harcourt but it seems as if some house owners here think everyone is scooping crude oil from the ground since it's called the 'Oil City'. Sometimes, mini-flats go for as high as 18k monthly!!! 3 bedroom flats in good environments can cost 480k-500k per year; sometimes, 600k.

4) PORT-HARCOURT: Rentage in PH City is not too different from what's obtainable in Warri.

5) ENUGU: Sometimes, a bed-sitter that's so small to an extent where you won't even have enough space to stretch your hands in the morning without knocking off things in your room, could go for as high as 100k-110k per year! Even places like Obiagu and Artisan!!! The rentage cost of 2 bedroom and 3 bedroom flats in places like Loma Linda/Independence Layout/GRA, can make an unemployed man die before his time!!!

Compiled by Rapmoney

kunlesufyan:

250k ...I'm presently in a self contain that's not even in the main town ,I paid 80k
There's water sha

kunlesufyan:

Aswear...lemme ask you ,whc is more profitable ..building a house or shops to rent out?

chigoizie7:
Me, I have no idea of all these places una d mention.

But awka gat no chills.

Can u imagine a 1bedroom flat going @ 400k in Ngozika? 2bedroom flats @ 450k @ udoka. Around 600k for 2bedroom flats @ ngozika, let me forget about 3bedroom flats. Awka as a whole is fvckingly expensive in terms of rent. In student environment a room that is not upto 9ft by 9ft is around 120-150k, it is not as if water is guaranteed 247 oh,
These people are just mean

kunlesufyan:

250k ...I'm presently in a self contain that's not even in the main town ,I paid 80k
There's water sha

kuuljay:
He is a lucky guy, I live in enugu and I tell you that house is very cheap