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Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. - Properties (3) - Nairaland

Nairaland ForumNairaland GeneralPropertiesTop 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. (26233 Views)

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Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by Mandate1: 8:29pm On Mar 22
FutureFocus:
It’s a country designed for illegality, if you are a honest government worker, police or a decent earner with family, if your rent is even a million Naira, what about school fees, fuel, food, clothing, bills etc how are you supposed to meet up with those needs?

How do government expect you to survive with 100k per month after rent?
you're spot on. How can cost of living far outweigh the minimum wage in any sane country. The society is designed to encourage crime..
Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by Samade7: 8:39pm On Mar 22
Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by VNXN: 8:51pm On Mar 22
felong:
The problem with these areas is that NEPA would deal ruthlessly with you. Most of these areas hardly have reasonable light. So if you don't have solar panels or Gen get ready to sleep in heat and darkness
I’m a student of the lagos state university epe campus and this epe you’re seeing ehn since i got to this campus i’ve not enjoyed this place at all i can count the number of times i’ve seen light in a whole year. Now solar is hot cake because of light issues, leaving we students who does. not have the resources to suffer. Yet the local government has refused to do anything about it. It’s really annoying and frustrating because it’s in this place i started paying money to charge phone i’ve spent over 10k on charging of phones alone
Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by Osariemen12: 9:22pm On Mar 22
Lagos, the largest slum in West Africa.


Can't live there, even for free
Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by lekkie073(m): 9:28pm On Mar 22
i stay in alimosho and i have at least 20 hours light everyday
felong:
The problem with these areas is that NEPA would deal ruthlessly with you. Most of these areas hardly have reasonable light. So if you don't have solar panels or Gen get ready to sleep in heat and darkness
Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by CaptainFM1: 9:29pm On Mar 22
Pootle:
the rent in lagos need to be regulated
You can't regulate a "willing buyer-willing seller market". What government needs to do is to build lots of affordable houses to compete parallel with private developers.

Unless that is done, housing, like other markets will continue to react to market forces. Scarcity encourages monopoly and consequently increase market price. And vice versa.
Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by anayolity: 9:32pm On Mar 22
fyneboi79:
Ikotun/ Igando/ lasu gate is cheaper than all these places.
Ikotun is not cheap atleast areas like Ile Iwe, Liasu road and governor road is not cheap at all. A good 2bedroom starts from 1.8 -3.5m
Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by anayolity: 9:38pm On Mar 22
tonididdy:
And Edo still dey charge baby fees angry
How many people dey go Edo for business or work?
Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by CaptainFM1: 9:40pm On Mar 22
Osariemen12:
Lagos, the largest slum in West Africa.


Can't live there, even for free
There must be what over 25million people see there that makes them live there.

No matter how expensive a product is, those that will buy will buy.

No matter how cheap a product is, those that will complain will complain.
Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by tobeezman: 9:55pm On Mar 22
And my mom is still collecting rent in 3 bedroom apartment in surulere for N600k
Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by AlphaTaikun:
YoobaNesan:
1. Badagry - #575,000

Badagry is the cheapest area in Lagos State to rent a two-bedroom apartment, with an average annual rent of N575,000.

It is a coastal town and Local Government Area in the Badagry Division, located on the north bank of Porto Novo Creek, an inland waterway linking Lagos to Porto-Novo in Benin.
The town also serves as a transit point to Porto-Novo.
The local economy is driven by fishing, trading, and tourism, with its rich history, including ties to the Trans-Atlantic slave trade and early missionaries, attracting visitors.
Inland waterways provide an alternative transport option within Lagos and to the surrounding areas.
In 2024, the Federal Government began the 1,068-kilometre Sokoto-Badagry Superhighway, part of the Trade, Transport, and Security Greenfield corridor.

The highway spans several states and terminates in Lagos, aiming to reduce transport costs, boost trade, and enhance connectivity across the country.

2. Epe - #605, 000

Epe ranks as the second cheapest area in Lagos State to rent a two-bedroom apartment, with an average annual rent of N605,000.

Located on the north side of Lekki Lagoon, Epe is a town and Local Government Area with road links to Ijebu-Ode and Ikorodu, providing easy access to Lagos and beyond.
The area is known for its fishing and agricultural economy, with rivers and lagoons rich in fish, crayfish, periwinkles, and oysters. Several jetties provide options for inland waterway transport, connecting Epe to other parts of Lagos.
Farming activities include the cultivation of plantains, coconuts, and other crops, while local markets like Oluwo Market, Aiyetoro Market, and the Epe Fish Market support vibrant trade.

Epe also features beautiful beaches, mangrove forests, and waterways, and is home to the Epe Mangrove Forest Reserve and the Epe Museum, highlighting the area’s natural and cultural heritage.

3. Ikorodu - #815, 000

Ikorodu ranks as the third cheapest area in Lagos State to rent a two-bedroom apartment, with an average annual rent of N815,000. Located in the north-eastern part of Lagos and bordered by the Lagos Lagoon and Ogun State.

The area has strong transport links, with the BRT corridor connecting to TBS, Ikeja, and Oshodi, and multiple jetties enabling inland water travel to Victoria Island, Ikoyi, and Lekki in 30 minutes or less. Ikorodu also serves as a transit point for travellers leaving Lagos to Shagamu, Ijebu Ode, and Epe.
Ikorodu hosts two tertiary institutions: Caleb University, a private university, and Lagos State University of Science and Technology (LASUSTECH), a state-run university.
The area also supports several industries, including the SAGLEV Electromobility assembly plant. Key infrastructure, such as the Egbin Power Station, further strengthens Ikorodu’s economic profile.

The city features a mix of established neighbourhoods and growing residential estates, reflecting its expanding role within the Lagos metropolitan area.

4. Ojo - #967, 000

Ojo ranks as the fourth cheapest area in Lagos State to rent a two-bedroom apartment, with an average annual rent of N967,000.

The town is a major commercial and residential area in Lagos’ Badagry axis, known for key markets such as Alaba International Market and Iyana-Iba Market, which support extensive trading and employment activities.
It is also home to Lagos State University (LASU) and lies along the Lagos–Badagry Expressway, providing road connectivity to Amuwo-Odofin, Ajeromi-Ifelodun, Alimosho, and Badagry.
Ferry services along nearby creeks further complement road transport, while ongoing activity along the expressway continues to shape real estate demand in the area.

5. Alimosho - #1 million

Alimosho ranks as the fifth cheapest area in Lagos State to rent a two-bedroom apartment, with an average rent of N1 million yearly.

Alimosho Local Government is the most populous in Lagos State. Originally spanning a vast area in northwest Lagos, it borders Ifako-Ijaiye to the west, Agege and Ikeja to the south, Kosofe to the east, and Ogun State to the north.
Rapid population growth later led to its subdivision into LCDAs such as Agbado-Oke Odo, Egbe-Idimu, Ikotun-Igando, Mosan-Okunola, and Ayobo-Ipaja.

Despite these subdivisions, Alimosho remains a major socio-economic hub, driven by rapid urbanisation, a thriving informal economy, and a growing middle class.

The area hosts numerous markets, small businesses, educational institutions, and residential estates, contributing significantly to Lagos State’s economic and social activity.

6. Mushin - #1.1 million

Mushin ranks as the sixth cheapest area in Lagos State to rent a two-bedroom apartment, with an average rent of N1.1 million per year.

Mushin has grown into a bustling hub of commerce, culture, and urban life since its establishment in 1955.

The area is well connected by major roads such as Agege Motor Road and Ikorodu Road, and public transport options like buses and tricycles make it easy for residents and visitors to move around.
Mushin combines residential and commercial spaces, including houses, apartments, markets, retail shops, and small industries.
Key markets like Ojuwoye and Ladipo attract traders from across Lagos, while small-scale enterprises and workshops sustain its dynamic economy.

The suburb also offers essential infrastructure and amenities, including schools, hospitals, clinics, drainage systems, and recreational facilities.

Still, it faces challenges such as traffic congestion, overcrowding, and waste management issues.

7. Oshodi - #1.1 million

Oshodi ranks as the seventh cheapest area in Lagos State to rent a two-bedroom apartment, with an average rent of N1.1 million per annum.

Oshodi, a densely populated suburb on Lagos Mainland, has long been a vital commercial and transport hub.

Its importance dates back to the early 1900s, when the colonial government established it as a key market and trade route, attracting migrants from across Nigeria and West Africa.
Oshodi Market, one of the largest in West Africa, remains the centre of daily commerce, alongside Arena Market, a general goods market, and Bolade Market, which sells food and other essentials.
A major feature of Oshodi is the Transport Interchange, which links BRT buses and other city routes.
It comprises three multi-storey terminals with waiting areas, loading bays, ticketing stands, drivers’ lounges, parking, and surveillance systems, highlighting the suburb’s public infrastructure.

Bordered by Mushin, Surulere, Somolu, and Alimosho, Oshodi continues to balance its rich cultural heritage with the demands of a fast-paced urban environment.

8. Agege - #1.2 million

Agege ranks as the eighth cheapest area in Lagos State to rent a two-bedroom apartment, with an average rent of N1.2 million yearly.

Agege is a neighbourhood in Lagos State with clearly defined boundaries stretching from Dopemu Road in the north to Ashade Retail Market in the south, Oba Ogunji Road in the east, and Abeokuta Express Road in the west.
The area sustains a dynamic local economy through vibrant markets like Abattoir Meat Market and Alade Market, which provide a wide range of goods and services.
Agege also hosts key landmarks such as the National Youth Service Corps Permanent Orientation Camp, Agege Stadium, and the Pen Cinema Flyover, which has helped ease traffic congestion and improve connectivity.
The Babatunde Fashola Railway Station, opened in 2021, links Agege to Ogun and Oyo States, enhancing regional travel. Residential options include estates like Sunshine Estate and New Dairy Farm Housing Estate, offering a mix of housing for families and working professionals.

9. Ajegunle - #1.4 million

Ajegunle ranks as the ninth cheapest area in Lagos State to rent a two-bedroom apartment, with an average rent of N1.4 million yearly.
Ajegunle is a densely populated neighbourhood in the Ajeromi-Ifelodun Local Government Area, bordering Apapa Wharf and Tincan, two of Nigeria’s busiest seaports.
The area has historically faced challenges such as poverty, crime, and inadequate infrastructure, which have contributed to its affordability.
In recent years, private investments have driven urban renewal, including the development of modern buildings, hotels, and event centres, gradually transforming the community.
Notable local hubs such as Ajegunle Market, Boundary Market, and the local bus terminal support daily commerce, while proximity to Navy Town Market and Ajeromi General Hospital adds to the neighbourhood’s functionality. Traffic congestion remains a key factor shaping residents’ daily experience.

10. Festac - #1.5 million

Festac ranks as the tenth cheapest area in Lagos State to rent a two-bedroom apartment, as the average rent is N1.5 million per year.

Festac Town is a federal housing estate in Amuwo-Odofin Local Government Area, originally developed for the Second World African Festival of Arts and Culture held in 1977.

Designed as a planned community with about 5,000 housing units laid out across seven major avenues, the estate was built with extensive government-backed infrastructure and public amenities.
Over time, restrictions that initially prevented property owners from renting or selling their homes eased, allowing Festac to evolve into an active rental market.

The estate’s organised road network, multiple access points from the Lagos-Badagry Expressway, and connectivity via the Festac Link Bridge supported its appeal to tenants working along the western corridor of Lagos.
source:https://nairametrics.com/2026/01/25/top-10-cheapest-areas-to-rent-a-two-bedroom-apartment-in-lagos/#split_content
"Mushin has grown into a bustling hub of commerce, culture, and urban life since its establishment in 1955."


According to that Nairametrics article right ABOVE, Mushin was established in 1955? The dynamic Chief Jeremiah Obafemi Awolowo, GCFR, SAN, was already the Premier of the Old Western Region of Nigeria as of that 1955 (from the early 1950s).


That's a highly debatable inference from the Nairametrics article writer/analyst and this calls for further scrutiny of the ENTIRE article for major errors and FACT-CHECKS!

Mushin was originally located in the Old Western Region of Nigeria (alongside Ikeja, Ilupeju, Epe, Ikorodu, Ibeju-Lekki, Agege, Isolo, Oshodi, Badagry, Ojo, etc), and Mushin as an ancient settlement has existed prior to 1955 for over 600 years.





P.S.
Mushin was founded over 600 years ago as a settlement, though the Mushin District Council was formally established around 1954–1955. It was previously part of the Ikeja Local Government before becoming its own administrative district.
AI History of Mushin.
Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by crossbreedwears(m): 10:32pm On Mar 22
I swear. You can't find a decent apartment for less than 1M
Pootle:
the rent in lagos need to be regulated
Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by okine4real: 10:34pm On Mar 22
How much is minimum wage, yet youths uses phones worth millions, house is expensive yet youths drive cars from 10M and above. When some Nigerians make money, the first thing that comes to their mind is how to increase there social status, they don't think of how to buy a flat or leasing a flat, so when another person decides to build a house with his own money and also deciding to neglect social enjoyment, you people want him to rent the house for 200k, while don't Nigerian neglect enjoyment and go and build their own house? When you drive a car of 15M, when you want to repaint that car, you spend more than 500k repainting the car, while not go and tell the mechanic, the cost of painting the car is high? Steering rack of big sienna, is more than 250k, when your steerling rack get spoiled, do you go and tell Governor Sanwo Olu that parts of cars are expensive? If you feel house are expensive, sell your IPHONE and lease a room self contain, room self contain lease in shomolu is 8M for 15 years.
Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by bablon20(m): 10:42pm On Mar 22
Maybe after the prices of building materials have been regulated, seems you have never bought a bag of cement before.

Pootle:
the rent in lagos need to be regulated
Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by Osariemen12: 11:36pm On Mar 22
CaptainFM1:
There must be what over 25million people see there that makes them live there.

No matter how expensive a product is, those that will buy will buy.

No matter how cheap a product is, those that will complain will complain.
Femi and bogus statistics in a country that has no history of keeping accurate records.

God luck in your delusional mind.
Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by Okhuadams(m): 11:44pm On Mar 22
In my area Lasu isheri Road.from Obadore to igando, some a room and parlor self contain go for 600 upto 1m most times is renovated house if it's a new house my brothers and sisters God help you
Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by Offpoint1: 12:15am On Mar 23
zinaunreal:
Na wa o. Ajegunle or where again?
Na only old F2F houses cheap for AJ, to see modern apartment like a room and palour selfcon for AJ you need 1.2m upward.
Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by correctguy101(m): 12:20am On Mar 23
zed7:
Minimum wage is 70k. Less than 90% of Nigerians earn less than 500k a month.

This country is interesting. Nothing ever adds up.
Very strange.

It's what happens in any chaotic anyhow anyhow matter. Everyone will just be doing anyhow...

SMH
Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by zinaunreal(m): 1:59am On Mar 23
Offpoint1:
Na only old F2F houses cheap for AJ, to see modern apartment like a room and palour selfcon for AJ you need 1.2m upward.
Which update dey that place wey house cost like that
Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by Pastoshizzy(m): 3:05am On Mar 23
mukthar2000:
I don't pray to relocate back to that Lagos anymore despite that is was born I Lagos, don't think I can withstand lagos stress anymore.preferably state that is closer to Lagos like Ogun or ibadan, to enable me trip just some o my hours into Lagos do my business and still returned back to my calm location.


Eko ooo ni bajeee inshAlllahhh
Team Lagos oo ni bajeee
God bless jagaban
God bless baba fash
God bless ambo
God bless sowo eko
God bless Nigeria.
This post is a fallacy. It must be the hand work of an housing agent.
Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by Walezy2020: 3:42am On Mar 23
FutureFocus:
It’s a country designed for illegality, if you are a honest government worker, police or a decent earner with family, if your rent is even a million Naira, what about school fees, fuel, food, clothing, bills etc how are you supposed to meet up with those needs?

How do government expect you to survive with 100k per month after rent?
FG didn't send anyone with their yeye 70k minimum wage presently minimum wage in Nigeria suppose be @ least 200k with present economy
Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by adecares(f): 7:21am On Mar 23
do4luv14:
Make I dey laff these OP first 🤣🤣🤣🤣🤣🤣

#1,4m for 2bedroom flat for AJ here lolzzz,

And which traffic congestion is the op sayinghuh Op you don visit AJ beforehuh
The OP is referring to Ajegunle Apapa not Ikorodu
Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by tonididdy(m): 7:45am On Mar 23
anayolity:
How many people dey go Edo for business or work?
That's a valid point even tho building materials prices are same everywhere h
Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by b0rn2fuck(m): 7:49am On Mar 23
Emeskhalifa:
I wonder why Lagos government is not doing anything to regulate house rent coz this things na pure extortion
not even Lagos state, the entire government needs it, how rent shouldn't be determined by the landlord alone and the agent, if you cannot afford to rent it out then live it by yourself, we own house too nah but not for rent except the shops
Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by geezyk(m): 8:01am On Mar 23
Lol, person dey compile this thing no sabi at all. The written price for 2 bed apartment in Mushin and Oshodi is the current price of a 1 bed apartment.

If you see 2 bed in Alimosho for 1 million, you sef no go fit rent that house, depends on some areas in Alimosho sha, maybe ijeododo, ijagemo, ijegun and okerube.
Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by FutureFocus: 8:42am On Mar 23
Walezy2020:
FG didn't send anyone with their yeye 70k minimum wage presently minimum wage in Nigeria suppose be @ least 200k with present economy
The ratio of minimum wages to cost of living is a recipe for the Nigeria of today
Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by MetalJigsaw(m): 10:47am On Mar 23
pocohantas:
How do you call 500k to 1.5m cheap.
How much be minimum wage?
How much do most new graduates earn?

What of the extra charges you have to pay asides the rent?

I am not sure this country is still designed for hardworking and legal Nigerians.
I pray God will shower you with more wisdom.
Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by jaido007: 11:07am On Mar 23
The way we exaggerate things sef. Room and palour self contain for 2.5m inside alimosho? Haba. Same alimosho i leave in and do pay my annual rents? I stay close to abule egba bus stop, will tell you, am not paying up to 600k per annum, even someone just packed in to a 2 bed room flat inside our compound. He is not paying up to 1.2 per annum. And i have friends who just secured mini flat around agbelekale and captain, they are not paying up to 600k per annum. Excluding agent fees.
greggng:
This is just based on past information ...not currently realities ...In alimosho a room and palor self contain now goes for 2.5m ...so tell me if this I formation about 2 bedroom is current.. ? The lady 2bedroom a friend rented he paid 3m...Pls delete this information and go and get tne correct information
Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by do4luv14(m): 11:50am On Mar 23
adecares:
The OP is referring to Ajegunle Apapa not Ikorodu
Read again do you see me mentioning Ikoruduhuh

All what the Op says about AJ and Apapa is making me laff, cause I don't think he had been there before,

Traffic congestion for Ajegunle and Apapa, biko tell me something else jhor
Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by Offpoint1: 2:29pm On Mar 23
zinaunreal:
Which update dey that place wey house cost like that
That's how expensive houses are in Lagos, if you see anything cheap it's outskirts of Lagos, mostly between ogun and Lagos boarder.

AJ is a good location, you can access island and mainland easily.
Re: Top 10 Cheapest Areas To Rent A 2-bedroom Apartment In Lagos. by Snow2six(m): 8:29pm On Mar 23
Dem de look aj less, think say na one kan slum,lol. Only sefcon for aj na like 800-1mill,make e come b say na new house around wilmer side. Omo aj house cost gan o

do4luv14:
Make I dey laff these OP first 🤣🤣🤣🤣🤣🤣

#1,4m for 2bedroom flat for AJ here lolzzz,

And which traffic congestion is the op sayinghuh Op you don visit AJ beforehuh
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