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

Warri!!

ALKARULEZZ:
Warri!!

You have seen it now!

Rapmoney:
You have seen it now!

Yea.. So true

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

Why is uyo not on the list??

kunlesufyan:


Why is uyo not on the list??

How much does a 2 bedroom flat go for in Uyo?

Rapmoney:
How much does a 2 bedroom flat go for in Uyo?

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

kunlesufyan:

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

That same 2 bedroom will go for 350k in Warri. Now, you see why Uyo is not on the top 5 list? I'm a property manager

Rapmoney:
That same 2 bedroom will go for 350k in Warri. Now, you see why Uyo is not on the top 5 list? I'm a property manager

Nawa oo...but wats the major cause of this ? Ofcus some areas will.be expensive because of how developed they are sha

kunlesufyan:

Nawa oo...but wats the major cause of this ? Ofcus some areas will.be expensive because of how developed they are sha

Bro, the truth is that some of these house owners are just inconsiderate. Just imagine when an old 3 bedroom flat that needs renovation is placed at 600k a year!

Rapmoney:
Bro, the truth is that some of these house owners are just inconsiderate. Just imagine when an old 3 bedroom flat that needs renovation is placed at 600k a year!

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

I tink Lagos should be no.1...d money u will pay for a 2bedroom flat in island is enough to buy a plot in rural areas of some towns

Good

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

The warri own is is so annoying...wanted to get a 2bedroom flat along enerhen road in warri and was told 400k..excluding agent fees and caution fees...smh...

Ogun state mowe nko

Enugu...*just observing*

When I see house prices in Nigeria I laugh.. The system in UK I just so expensive. A one month flat rent here can rent good 2 bed in lagos for one year.

I wish one can make the money in uk and sleep in Nigeria. Lol

Calabar should be on this list na

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

am paying 300k for 1bedroom flat in ph,n my sis pays 250k for selfcon,abeg who get mind call uyo here?

the most expensive slum in the world is Lagos

why is owerri not on the list Am a property agent too, a 2 bedroom flat now renting for 300/yr *just the house rent ooo* and its remaining just 1 flat,

*off town ooo*
*just 2 weeks since they started renting*

Houses are too expensive in these cities because the house owner's are selfish and inconsiderate

OP, have u considered a place like Lokoja that is not developed and 2 bedroom goes between 250k n 300k in an undeveloped city.

What I think is that there should be legislation that will curb this landlord fraud to humanity.

Enugu house rent is just the wickedest. very expensive. even if you're a 50k salary earner, is better you return to ur villa cos u can't even manage in Enugu. every commodity is extra expensive. Enugu landlords are very selfish.

Enugu the most expensive in South East

Uyo

ednut1:
the most expensive slum in the world is Lagos

Aye!

Sambisa

Lokoja rent no be here oo. Yet d place no get joy

badaoyeyemi:
I tink Lagos should be no.1...d money u will pay for a 2bedroom flat in island is enough to buy a plot in rural areas of some towns

You can say that again, island is a crazy zone..............