₦airaland Forum

Oseni Rufai Shares Data On Rent For 1-bedroom In Lagos

Average annual rent for 1 bedroom in Lagos (2025)

1. Eko Atlantic City: N20.9m
2. ⁠Banana Island: N10m
3. ⁠Ikoyi: N8m
4. ⁠Victoria Island: N7.5m
5. ⁠Lekki phase I: N4.5m
6. ⁠Lekki phase II: N3.5m
7. ⁠Ikeja: N3.2m
8. ⁠Yaba: N2.2m
9. ⁠Ajah: N2m
10. ⁠Gbagada: N2m
11. ⁠Surulere: N1.5m
12. ⁠Apapa: N1.3m
13. ⁠Ketu: N1.1m
14. ⁠Shomolu: N1.1m
15. ⁠Festac: N1m
16. ⁠Oshodi: N840,000
17. ⁠Alimosho: N802,000
18. ⁠Agege: N755,000
19. ⁠Ajegunle: N750,000
20. ⁠Mushin: N735,000
21. ⁠Ojo: N616,000
22. ⁠Ikorodu: N500,000
23. ⁠Epe: N400,000
24. ⁠Badagry: N358,000

<Lagos Residential Market Report 2025>
#TheCableIndex

Source

This is totally outrageous and ridiculous the government will have to come into this and set a cap benchmark for house rent in Nigeria especially in big cities like Lagos and Port-harcourt. Housing shouldn't be this expensive...

The "Suffering and Smiling" squad are on their way to pour spittle on this topic..
Our emergency capitalists who have moved from fighting with NADECO against oppression to supporting the most oppressive and vindictive government ever known in the history of this country..

runningriot:
This is totally outrageous and ridiculous the government will have to come into this and set a cap benchmark for house rent in Nigeria especially in big cities like Lagos and Port-harcourt. Housing shouldn't be this expensive...

Provide low interest loans to big time construction companies to build quality estates across the country and allow serious real estate companies to access already warehoused government funds for this purpose.

The more the houses the more reduction in prices
That should be the government plan of action

And the government still won dey collect tax!!!

E go touch everybody!!!

Tinubu wants money for election I know, but it's not by taxing the poor

This is fake, believe this at your own peril.
2024 I got a room and parlor at #500,000 in Ikorodu Abuja community before Ibeshe.
My brother at apapa pay #850,000 for two bedroom flat with constant water and power supply.

The cost of living don tire the living

Here in PH one bedroom apartment with band A electricity is 1.3M

Na by force to live in lagos

Mowe ibafo deh come here abeg

Wetin concern me? Thank God say my mama build house.. cruising and chilling while she collects rents from her tenants (increase rent she no gree)

Anyway, it's not by force to live in Lagos. There's Ibadan and 0shomogbo.. live according to your means.. lol

Nigerians una go see shege tire unless 0bi rescues us.. nonsense pple

MadPolitician:
Provide low interest loans to big time construction companies to build quality estates across the country and allow serious real estate companies to access already warehoused government funds for this purpose.

The more the houses the more reduction in prices
That should be the government plan of action

Problem is not lack of Housing but the desire of everyone to Cashout, irrespective of whatever happen to others.

If they charge 21M and someone pays then something is wrong.

Na you know where you dey stay for this Lagos and how much you pay for rent.


Pepper sellers dey come from ogun state come sell pepper for Lagos then go back

In the same Lagos that Tinubu built?

Fake news line



Fake news line



Fake news line

This is the kind of news that make land lord increase rent ikotun igando 1 bed 160k-250k still Dey new house Abaranje

manuelkel:
This is fake, believe this at your own peril.

Why not drop the correct one? That will be helpful to everyone.

More increments as Tax commences.

The rate at which some developers and landlords demand for ridiculous fee, you'll think making money is easy. Why should I pay a total package of 2.6m for 2 bedroom in Yana??

Nawaho. Where exactly are we heading to in this country

Many places in Ikeja is below that price....but true for some reserved places like Adeniyi Jones and GRA

MadPolitician:
Provide low interest loans to big time construction companies to build quality estates across the country and allow serious real estate companies to access already warehoused government funds for this purpose.

The more the houses the more reduction in prices
That should be the government plan of action

The reason for high rents in Lagos isn’t low interest loans only.
The state government is also complicit in the outrageous and ridiculous fees they charge home builders as permit and all.

Cut your coat according to your size in this year 2026

As expensive some parts of Lekki are, they don't even have portable clean water

Una no well, Rufai bẹ "the cableindex"

6

manuelkel:
This is fake, believe this at your own peril.
2024 I got a room and parlor at #500,000 in Ikorodu Abuja community before Ibeshe.
My brother at apapa pay #850,000 for two bedroom flat with constant water and power supply.

That is the average price. What are you saying.

Oga landlord must not see this. He will forward this to his tenants and want to have meeting with them

Outrageous. Cant be true.

Majority can't afford it.

njelrapheal:
6

That is the average price. What are you saying.

What I'm saying is that the stats is wrong

BlackViper:
Oseni Rufai Shares Data On Rent For 1-bedroom In Lagos




Source

750k for one room for ajegunle. Fat lie

Source


https://guardian.ng/life/lagos-one-bedroom-rents-reach-%E2%82%A620-9m-in-2025-report/

Download report here
https://www.linkedin.com/posts/edala-dev_trends-and-full-insights-of-the-lagos-residential-activity-7407066820261666816-_pjW/

How can the rent go down, when one man owns and controls a greater chunk of the buildings.
He's never tired of accumulating more wealth.

Some people na landlord them they serve....