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Surging Rents In Lagos State , What’s The Way Forward ? - Family - Nairaland

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Surging Rents In Lagos State , What’s The Way Forward ? by concho(op): 4:03pm On Mar 15, 2025
I have a business that will keep me in Lagos for 18 months, so I decided to secure accommodation before relocating—I hate being stranded.

Knowing that rent on the island is quite high, I focused my search on Main land .

Omo, the cheapest room and parlor apartment I found was ₦1.2M, with a total package of ₦1.6M. Another agent even quoted ₦2M as the total package for the same type of apartment.

I’d love to get some insight into how much you all are paying to see if these agents are overpricing or trying to rip me off.

Also, if you have any advice on renting in Lagos for a JJC like me, please share.
Thanks 🙏
Re: Surging Rents In Lagos State , What’s The Way Forward ? by dawnomike(m):
concho:
I have a business that will keep me in Lagos for 18 months, so I decided to secure accommodation before relocating—I hate being stranded.

Knowing that rent on the island is quite high, I focused my search on Main land .

Omo, the cheapest room and parlor apartment I found was ₦1.2M, with a total package of ₦1.6M. Another agent even quoted ₦2M as the total package for the same type of apartment.

I’d love to get some insight into how much you all are paying to see if these agents are overpricing or trying to rip me off.

Also, if you have any advice on renting in Lagos for a JJC like me, please share.
Thanks 🙏
All I will say is; welcome to lagos!!!
My rent in my 2bd room apartment has been as follows:
950k - 2020
1.25m - 2022
1.5m - 2024
2m - 2025

Maybe by nxt year, my rent will be 3m cheesy grin

Everytime I get pissed and want to get another apartment... the fear of new exorbitant rent plus the unreasonable agency fee makes me to stay put.
Re: Surging Rents In Lagos State , What’s The Way Forward ? by yemmit90: 4:56pm On Mar 15, 2025
Life is very simple, it all depends on your income, if what you want to do in Lagos for that 18 months can't give you reasonable profits at the end of the day, I will advise you to abort the mission entirely.
Re: Surging Rents In Lagos State , What’s The Way Forward ? by concho(op): 5:12pm On Mar 15, 2025
dawnomike:
Ask I will say is welcome to lagos!!!
My rent in my 2bd room apartment has been as follows:
950k - 2020
1.25m - 2022
1.5m - 2024
2m - 2025

Maybe by nxt year, my rent will be 3m cheesy grin

Everytime I get pissed and want to get another apartment... the fear of new exorbitant rent plus u b reasonable agency fee makes me to stay put.
Which part of Lagos state ?
Re: Surging Rents In Lagos State , What’s The Way Forward ? by Nobody: 5:17pm On Mar 15, 2025
What is your budget for a total package payment ?
And how soon do you want to make payment ?
Re: Surging Rents In Lagos State , What’s The Way Forward ? by Aeroplane11: 5:23pm On Mar 15, 2025
Build your own house na 😂😂
Re: Surging Rents In Lagos State , What’s The Way Forward ? by concho(op): 5:40pm On Mar 15, 2025
carl90:
What is your budget for a total package payment ?
And how soon do you want to make payment ?
1.2m

I will pay as soon as I see an apartment I like
Re: Surging Rents In Lagos State , What’s The Way Forward ? by Nobody: 6:27pm On Mar 15, 2025
What sort of apartment do you want ?
A room self-contained ,a room and parlour self -contained or 1 or 2 bedroom flat ?
concho:
1.2m

I will pay as soon as I see an apartment I like
Re: Surging Rents In Lagos State , What’s The Way Forward ? by concho(op): 6:30pm On Mar 15, 2025
carl90:
What sort of apartment do you want ?
A room self-contained ,a room and parlour self -contained or 1 or 2 bedroom flat ?
A room and a parlor boss
Re: Surging Rents In Lagos State , What’s The Way Forward ? by Nobody: 7:04pm On Mar 15, 2025
Noted !
Send an email :
scienthus@gmail.com.
Cheers
concho:
A room and a parlor boss
Re: Surging Rents In Lagos State , What’s The Way Forward ? by concho(op): 7:29pm On Mar 15, 2025
carl90:
Noted !
Send an email :
scienthus@gmail.com.
Cheers
Sent you a mail
Re: Surging Rents In Lagos State , What’s The Way Forward ? by WantsandMore: 8:48pm On Mar 15, 2025
Doesn’t Airbnb works in Lagos? How much will Airbnb of similar standard cost compare to outright rent that you’re currently considering?
Re: Surging Rents In Lagos State , What’s The Way Forward ? by concho(op): 8:53pm On Mar 15, 2025
WantsandMore:
Doesn’t Airbnb works in Lagos? How much will Airbnb of similar standard cost compare to outright rent that you’re currently considering?
I’m not sure how that works in Lagos state
Re: Surging Rents In Lagos State , What’s The Way Forward ? by gammarays(m):
WantsandMore:
Doesn’t Airbnb works in Lagos? How much will Airbnb of similar standard cost compare to outright rent that you’re currently considering?
Airbnb in Lagos for 18 months? 🙄🙄
Airbnb money for a year go pass normal apartment money for 4 years

Airbnb is best for short stay like few days or weeks
Re: Surging Rents In Lagos State , What’s The Way Forward ? by cr7lomo: 6:51am On Mar 16, 2025
gammarays:
Airbnb in Lagos for 18 months? 🙄🙄
Airbnb money for a year go pass normal apartment money for 2 years

Airbnb is best for short stay like few days or weeks
Air b and b for lagos na 1.2m a month
Re: Surging Rents In Lagos State , What’s The Way Forward ? by WantsandMore: 8:16am On Mar 16, 2025
gammarays:
Airbnb in Lagos for 18 months? 🙄🙄
Airbnb money for a year go pass normal apartment money for 2 years

Airbnb is best for short stay like few days or weeks
can you actually avail the estimates? Don’t forget it doesn’t have to be luxurious, just a budget option.
Re: Surging Rents In Lagos State , What’s The Way Forward ? by Lush100(m): 8:49am On Mar 16, 2025
concho:
I’m not sure how that works in Lagos state
.

Send me a mail. lushserv@gmail.com

There is 2 bedroom partly furnished in an estate with POP. Abule-egba

1.2M annually.

Pls note.
You will leave after 18 months.
Re: Surging Rents In Lagos State , What’s The Way Forward ? by concho(op): 8:59am On Mar 16, 2025
Lush100:
.

Send me a mail. lushserv@gmail.com

There is 2 bedroom partly furnished in an estate with POP. Abule-egba

1.2M annually.

Pls note.
You will leave after 18 months.
Sent
Re: Surging Rents In Lagos State , What’s The Way Forward ? by AngelSlay: 10:07am On Mar 16, 2025
Move to Ojodu-Berger and Ajuwon axis. It's very cheap.
concho:
I have a business that will keep me in Lagos for 18 months, so I decided to secure accommodation before relocating—I hate being stranded.

Knowing that rent on the island is quite high, I focused my search on Main land .

Omo, the cheapest room and parlor apartment I found was ₦1.2M, with a total package of ₦1.6M. Another agent even quoted ₦2M as the total package for the same type of apartment.

I’d love to get some insight into how much you all are paying to see if these agents are overpricing or trying to rip me off.

Also, if you have any advice on renting in Lagos for a JJC like me, please share.
Thanks 🙏
Re: Surging Rents In Lagos State , What’s The Way Forward ? by concho(op): 10:14am On Mar 16, 2025
AngelSlay:
Move to Ojodu-Berger and Ajuwon axis. It's very cheap.
Them bad boys nogo thief my phone for night ?
Re: Surging Rents In Lagos State , What’s The Way Forward ? by AngelSlay: 10:34am On Mar 16, 2025
concho:
Them bad boys nogo thief my phone for night ?
Estate in that axis have good security plus you can do car rentals or Uber.
Re: Surging Rents In Lagos State , What’s The Way Forward ? by concho(op): 10:43am On Mar 16, 2025
AngelSlay:
Estate in that axis have good security plus you can do car rentals or Uber.
Do you have an agent please
Re: Surging Rents In Lagos State , What’s The Way Forward ? by gammarays(m): 2:13pm On Mar 16, 2025
WantsandMore:
can you actually avail the estimates? Don’t forget it doesn’t have to be luxurious, just a budget option.
The cheapest Airbnb for self contained room pass 25k a day just that it's serviced apartment. Bedroom flats na 40k above a day so do the calculation.
Re: Surging Rents In Lagos State , What’s The Way Forward ? by gammarays(m): 2:14pm On Mar 16, 2025
cr7lomo:
Air b and b for lagos na 1.2m a month
Ya some even pass. No mind that guy 😂
Re: Surging Rents In Lagos State , What’s The Way Forward ? by WantsandMore: 2:41pm On Mar 16, 2025
gammarays:
The cheapest Airbnb for self contained room pass 25k a day just that it's serviced apartment. Bedroom flats na 40k above a day so do the calculation.
hmmm I see you’re right…. I was considering that route myself but now not so much
Re: Surging Rents In Lagos State , What’s The Way Forward ? by bigl: 6:20pm On Mar 16, 2025
Well, try some low brow areas where u can get room and parlour self con for less than 500k sha ... na low brow area o ... and no POP ...

Na all those POP, terazzo or all walls tiled dem dey take chop u ...

Rent for low brow area and enjoy peace of mind ...

Funny thing is, all those 2 million area, some associated bills might still show up that you won't ever envisage and the agents won't tell u so consider your options carefully ....

To me, staying in low brow area is a great way to save money ... rather than dashing away your hard earned money to these agents

concho:
I have a business that will keep me in Lagos for 18 months, so I decided to secure accommodation before relocating—I hate being stranded.

Knowing that rent on the island is quite high, I focused my search on Main land .

Omo, the cheapest room and parlor apartment I found was ₦1.2M, with a total package of ₦1.6M. Another agent even quoted ₦2M as the total package for the same type of apartment.

I’d love to get some insight into how much you all are paying to see if these agents are overpricing or trying to rip me off.

Also, if you have any advice on renting in Lagos for a JJC like me, please share.
Thanks 🙏
Re: Surging Rents In Lagos State , What’s The Way Forward ? by tellwisdom: 12:56am On Mar 17, 2025
Haha.. 1.2 wey de build house before.

This is why they keep pushing all businesses to Lagos so they can keep extorting visitors. Na most of una de cause una problem. Voting criminals.
Re: Surging Rents In Lagos State , What’s The Way Forward ? by RealityKings1: 1:13am On Mar 17, 2025
Aeroplane11:
Build your own house na 😂😂
grin
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