₦airaland Forum

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CotenantNIG:
Hi Guys
Co-Tenant here

Our series is looking at the cost of properties around Nigeria

Today we look at the top most expensive place to rent an apartment in Nigeria as a whole
This are the sharks that takes the biggest bite in peoples earnings not to forget cost of Transport ,Feeding etc

NOTE: This are the average cost as rent varies based on Locations


you can read our series from here
https://cotenant.com.ng/blog/

Let get started

Lagos
The average price of flats for rent in Lagos is ₦1,230,000 per year. The most expensive flat costs ₦12,000,000 per year while the cheapest cost ₦60,000 per year
The average price of 1 bedroom flats for rent in Lagos is ₦500,000 per year. The most expensive flat costs ₦4,000,000 per year while the cheapest cost ₦60,000 per year, The average price of 2 bedroom flats for rent in Lagos is ₦1,050,000 per year. The most expensive flat costs ₦5,500,000 per year while the cheapest cost ₦100,000 per year. The average price of 3 bedroom flats for rent in Lagos is ₦1,800,000 per year. The most expensive flat costs ₦12,000,000 per year while the cheapest cost ₦350,000 per year

Abuja
The average price of flats for rent in Abuja is ₦1,460,000 per year. The most expensive flat costs ₦2,500,000,000 per year while the cheapest cost ₦120,000 per year.
The average price of 1 bedroom flats for rent in Abuja is ₦690,000 per year. The most expensive flat costs ₦5,000,000 per year while the cheapest cost ₦120,000 per year, The average price of 2 bedroom flats for rent in Abuja is ₦1,360,000 per year. The most expensive flat costs ₦7,500,000 per year while the cheapest cost ₦300,000 per year. The average price of 3 bedroom flats for rent in Abuja is ₦2,150,000 per year. The most expensive flat costs ₦10,000,000 per year while the cheapest cost ₦400,000 per year.

Rivers
The average price of flats for rent in Rivers is ₦600,000 per year. The most expensive flat costs ₦6,000,000 per year while the cheapest cost ₦120,000 per year.
The average price of 1 bedroom flats for rent in Rivers is ₦260,000 per year. The most expensive flat costs ₦800,000 per year while the cheapest cost ₦120,000 per year, The average price of 2 bedroom flats for rent in Rivers is ₦580,000 per year. The most expensive flat costs ₦3,000,000 per year while the cheapest cost ₦270,000 per year. The average price of 3 bedroom flats for rent in Rivers is ₦870,000 per year. The most expensive flat costs ₦5,000,000 per year while the cheapest cost ₦300,000 per year

Ogun
The average price of flats for rent in Ogun is ₦320,000 per year. The most expensive flat costs ₦9,375,000 per year while the cheapest cost ₦85,000 per year.
The average price of 1 bedroom flats for rent in Ogun is ₦210,000 per year. The most expensive flat costs ₦4,275,000 per year while the cheapest cost ₦85,000 per year, The average price of 2 bedroom flats for rent in Ogun is ₦260,000 per year. The most expensive flat costs ₦7,000,000 per year while the cheapest cost ₦150,000 per year, The average price of 3 bedroom flats for rent in Ogun is ₦450,000 per year. The most expensive flat costs ₦9,375,000 per year while the cheapest cost ₦200,000 per year

Imo
The average price of flats for rent in Imo is ₦320,000 per year. The most expensive flat costs ₦2,000,000 per year while the cheapest cost ₦110,000 per year.
The average price of 1 bedroom flats for rent in Imo is ₦200,000 per year. The most expensive flat costs ₦700,000 per year while the cheapest cost ₦80,000 per year, The average price of 2 bedroom flats for rent in Imo is ₦400,000 per year. The most expensive flat costs ₦1,000,000 per year while the cheapest cost ₦180,000 per year, The average price of 3 bedroom flats for rent in Imo is ₦500,000 per year. The most expensive flat costs ₦3,000,000 per year while the cheapest cost ₦200,000 per year

Kano

Read more


https://cotenant.com.ng/most-expensive-places-to-live-in-nigeria-co-tenant/

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Spits

I can attest to that of abuja.

Those days, it used to be 300k for just a self contain in the city. Don't know about now.

ClearFlair:
Davido supports criminals. No wonder he supported PDP. PMB till they all have sense. Tcheew...nonsense people supporting yahoo boys up and down...and they tried to sell a rotten apple to us...thank God we rejected them and chose PMB and PYO

BMC we see you


But wrong topic pls

Abuja is quite expensive but I prefer the place to Lagos.

informative and educating

davidque007:
That part for Abuja is very wrong. There are places in Abuja were you can get rent cheaper than 120k yearly.i have paid less when i lived in mpape.

the Key word there is "AVERAGE" cost of rent.. .....

so yes u can PAy lower or higher than the figures given by the OP

candlewax:
for Abuja flat, do you mean 2.5m or 2.5B?

I wanted to ask

Abuja 2.5billion Op rora o

What else can one say?

CotenantNIG:
Hi Guys
Co-Tenant here

Our series is looking at the cost of properties around Nigeria

Today we look at the top most expensive place to rent an apartment in Nigeria as a whole
This are the sharks that takes the biggest bite in peoples earnings not to forget cost of Transport ,Feeding etc

NOTE: This are the average cost as rent varies based on Locations


you can read our series from here
https://cotenant.com.ng/blog/

Let get started

Lagos
The average price of flats for rent in Lagos is ₦1,230,000 per year. The most expensive flat costs ₦12,000,000 per year while the cheapest cost ₦60,000 per year
The average price of 1 bedroom flats for rent in Lagos is ₦500,000 per year. The most expensive flat costs ₦4,000,000 per year while the cheapest cost ₦60,000 per year, The average price of 2 bedroom flats for rent in Lagos is ₦1,050,000 per year. The most expensive flat costs ₦5,500,000 per year while the cheapest cost ₦100,000 per year. The average price of 3 bedroom flats for rent in Lagos is ₦1,800,000 per year. The most expensive flat costs ₦12,000,000 per year while the cheapest cost ₦350,000 per year

Abuja
The average price of flats for rent in Abuja is ₦1,460,000 per year. The most expensive flat costs ₦2,500,000,000 per year while the cheapest cost ₦120,000 per year.
The average price of 1 bedroom flats for rent in Abuja is ₦690,000 per year. The most expensive flat costs ₦5,000,000 per year while the cheapest cost ₦120,000 per year, The average price of 2 bedroom flats for rent in Abuja is ₦1,360,000 per year. The most expensive flat costs ₦7,500,000 per year while the cheapest cost ₦300,000 per year. The average price of 3 bedroom flats for rent in Abuja is ₦2,150,000 per year. The most expensive flat costs ₦10,000,000 per year while the cheapest cost ₦400,000 per year.

Rivers
The average price of flats for rent in Rivers is ₦600,000 per year. The most expensive flat costs ₦6,000,000 per year while the cheapest cost ₦120,000 per year.
The average price of 1 bedroom flats for rent in Rivers is ₦260,000 per year. The most expensive flat costs ₦800,000 per year while the cheapest cost ₦120,000 per year, The average price of 2 bedroom flats for rent in Rivers is ₦580,000 per year. The most expensive flat costs ₦3,000,000 per year while the cheapest cost ₦270,000 per year. The average price of 3 bedroom flats for rent in Rivers is ₦870,000 per year. The most expensive flat costs ₦5,000,000 per year while the cheapest cost ₦300,000 per year

Ogun
The average price of flats for rent in Ogun is ₦320,000 per year. The most expensive flat costs ₦9,375,000 per year while the cheapest cost ₦85,000 per year.
The average price of 1 bedroom flats for rent in Ogun is ₦210,000 per year. The most expensive flat costs ₦4,275,000 per year while the cheapest cost ₦85,000 per year, The average price of 2 bedroom flats for rent in Ogun is ₦260,000 per year. The most expensive flat costs ₦7,000,000 per year while the cheapest cost ₦150,000 per year, The average price of 3 bedroom flats for rent in Ogun is ₦450,000 per year. The most expensive flat costs ₦9,375,000 per year while the cheapest cost ₦200,000 per year

Imo
The average price of flats for rent in Imo is ₦320,000 per year. The most expensive flat costs ₦2,000,000 per year while the cheapest cost ₦110,000 per year.
The average price of 1 bedroom flats for rent in Imo is ₦200,000 per year. The most expensive flat costs ₦700,000 per year while the cheapest cost ₦80,000 per year, The average price of 2 bedroom flats for rent in Imo is ₦400,000 per year. The most expensive flat costs ₦1,000,000 per year while the cheapest cost ₦180,000 per year, The average price of 3 bedroom flats for rent in Imo is ₦500,000 per year. The most expensive flat costs ₦3,000,000 per year while the cheapest cost ₦200,000 per year

Kano

Read more


https://cotenant.com.ng/most-expensive-places-to-live-in-nigeria-co-tenant/

Ur figures 're inaccurate and misleading.

There's nothing like average cost of rent for a city.

It all depends on what part of the city in question.

For instance, you can get a decent 2 bedroom flat for N100k in a place like Ipaja, but a place like Ikeja, u would probably shed N300k and in Ikoyi probably N1 M.

CotenantNIG:
Hi Guys
Co-Tenant here

Our series is looking at the cost of properties around Nigeria

Today we look at the top most expensive place to rent an apartment in Nigeria as a whole
This are the sharks that takes the biggest bite in peoples earnings not to forget cost of Transport ,Feeding etc

NOTE: This are the average cost as rent varies based on Locations


you can read our series from here
https://cotenant.com.ng/blog/

Let get started

Lagos
The average price of flats for rent in Lagos is ₦1,230,000 per year. The most expensive flat costs ₦12,000,000 per year while the cheapest cost ₦60,000 per year
The average price of 1 bedroom flats for rent in Lagos is ₦500,000 per year. The most expensive flat costs ₦4,000,000 per year while the cheapest cost ₦60,000 per year, The average price of 2 bedroom flats for rent in Lagos is ₦1,050,000 per year. The most expensive flat costs ₦5,500,000 per year while the cheapest cost ₦100,000 per year. The average price of 3 bedroom flats for rent in Lagos is ₦1,800,000 per year. The most expensive flat costs ₦12,000,000 per year while the cheapest cost ₦350,000 per year

Abuja
The average price of flats for rent in Abuja is ₦1,460,000 per year. The most expensive flat costs ₦2,500,000,000 per year while the cheapest cost ₦120,000 per year.
The average price of 1 bedroom flats for rent in Abuja is ₦690,000 per year. The most expensive flat costs ₦5,000,000 per year while the cheapest cost ₦120,000 per year, The average price of 2 bedroom flats for rent in Abuja is ₦1,360,000 per year. The most expensive flat costs ₦7,500,000 per year while the cheapest cost ₦300,000 per year. The average price of 3 bedroom flats for rent in Abuja is ₦2,150,000 per year. The most expensive flat costs ₦10,000,000 per year while the cheapest cost ₦400,000 per year.

Rivers
The average price of flats for rent in Rivers is ₦600,000 per year. The most expensive flat costs ₦6,000,000 per year while the cheapest cost ₦120,000 per year.
The average price of 1 bedroom flats for rent in Rivers is ₦260,000 per year. The most expensive flat costs ₦800,000 per year while the cheapest cost ₦120,000 per year, The average price of 2 bedroom flats for rent in Rivers is ₦580,000 per year. The most expensive flat costs ₦3,000,000 per year while the cheapest cost ₦270,000 per year. The average price of 3 bedroom flats for rent in Rivers is ₦870,000 per year. The most expensive flat costs ₦5,000,000 per year while the cheapest cost ₦300,000 per year

Ogun
The average price of flats for rent in Ogun is ₦320,000 per year. The most expensive flat costs ₦9,375,000 per year while the cheapest cost ₦85,000 per year.
The average price of 1 bedroom flats for rent in Ogun is ₦210,000 per year. The most expensive flat costs ₦4,275,000 per year while the cheapest cost ₦85,000 per year, The average price of 2 bedroom flats for rent in Ogun is ₦260,000 per year. The most expensive flat costs ₦7,000,000 per year while the cheapest cost ₦150,000 per year, The average price of 3 bedroom flats for rent in Ogun is ₦450,000 per year. The most expensive flat costs ₦9,375,000 per year while the cheapest cost ₦200,000 per year

Imo
The average price of flats for rent in Imo is ₦320,000 per year. The most expensive flat costs ₦2,000,000 per year while the cheapest cost ₦110,000 per year.
The average price of 1 bedroom flats for rent in Imo is ₦200,000 per year. The most expensive flat costs ₦700,000 per year while the cheapest cost ₦80,000 per year, The average price of 2 bedroom flats for rent in Imo is ₦400,000 per year. The most expensive flat costs ₦1,000,000 per year while the cheapest cost ₦180,000 per year, The average price of 3 bedroom flats for rent in Imo is ₦500,000 per year. The most expensive flat costs ₦3,000,000 per year while the cheapest cost ₦200,000 per year

Kano

Read more


https://cotenant.com.ng/most-expensive-places-to-live-in-nigeria-co-tenant/

My own is something should be done to unoccupied homes in Abuja. It sad. People want to rent but it's not affordable causing waste.

ClearFlair:
Davido supports criminals. No wonder he supported PDP. PMB till they all have sense. Tcheew...nonsense people supporting yahoo boys up and down...and they tried to sell a rotten apple to us...thank God we rejected them and chose PMB and PYO

Where did davido support the Yahoo you are mentioning
He only said Nobody is Holy
Or are you a saint
Stop insulting people bigger and better than you
Think how to make money oga

davidque007:
That part for Abuja is very wrong. There are places in Abuja were you can get rent cheaper than 120k yearly.i have paid less when i lived in mpape.

u mean u once lived in that hide out for criminals and prostitute still claim u live in abuja, I rather go back to my village.

ClearFlair:
Davido supports criminals. No wonder he supported PDP. PMB till they all have sense. Tcheew...nonsense people supporting yahoo boys up and down...and they tried to sell a rotten apple to us...thank God we rejected them and chose PMB and PYO

mad cow. Did you read dis post b4 commenting out of point?

the person that made this topic is a liar....how can you open that your mouth to say the cheapest 1 room flat in lagos is 600k....o boy respect your old age

I am into Properties. I have lived in Lagos, and presently living in Abuja for about 6 to 7 years now, also involve in Lagos and Abuja Properties business fully well. Lagos is far more expensive than Abuja. A lot thinking that Abuja is more expensive than Lagos are not fully into Properties business and don't know places in Lagos with their respective values.

Just a flat in a block of flats somewhere on island 650M naira, not the whole block of flats, just a flat. The so call Maitama, even Aso Villa, a fully detached house with swimming pool, bq, gym, etc will be like the same price or even can be cheaper than this just a flat in a block of flats.

I have a lot of instances.

davidque007:
That part for Abuja is very wrong. There are places in Abuja were you can get rent cheaper than 120k yearly.i have paid less when i lived in mpape.

sir the Op is 95 percent correct... The only places u can get cheaper room less than 120k is anything maraba down to masaka or suleja side or bwuari area council and u know that those places aren't Abj but neighboring states....Nasarawa and Niger state..

CotenantNIG, considering Lagos, I think your ‘average’ needs to be defined.

Average yearly rent for One room apartment in Lagos is N500,000?

Take it easy nah

PSTEMMA1960:
sir the Op is 95 percent correct... The only places u can get cheaper room less than 120k is anything maraba down to masaka or suleja side or bwuari area council and u know that those places aren't Abj but neighboring states....Nasarawa and Niger state..

. Bwari is not in neighbouring state in case you don't know, Bwari is one of d Area Council in Abuja, A single room is different from A room self contain, even Gwarimpa that is under AMAC, you will get a single room less than 100k within d indigenes settlement in Gwarimpa, not to talk of Bwari Area Council. Op is not informed about d properties analysis well. May be 10% correct.

okeyumez:
The most expensive places to live in Lagos are Lekki, Victoria Island and Ikoyi. Yet they have no stable power supply, no good road network, no good drainage system and no drinkable water supply.

Na just name, status symbol

In reality these places are like ghetto when compared to Capetown and Durban in South Africa or even Casablanca in Morocco.

You're totally right.

okeyumez:
The most expensive places to live in Lagos are Lekki, Victoria Island and Ikoyi. Yet they have no stable power supply, no good road network, no good drainage system and no drinkable water supply.

Na just name, status symbol

In reality these places are like ghetto when compared to Capetown and Durban in South Africa or even Casablanca in Morocco.

I now know that u don't know ikoyi at all. For u to say ikoyi don't have good road, dirty, or no drainage. Ikoyi and VI are far ahead lekki.

tellwisdom:




Spits

Oya come and clean Ur spit

lincontee:
I am into Properties. I have lived in Lagos, and presently living in Abuja for about 6 to 7 years now, also involve in Lagos and Abuja Properties business fully well. Lagos is far more expensive than Abuja. A lot thinking that Abuja is more expensive than Lagos are not fully into Properties business and don't know places in Lagos with their respective values.

Just a flat in a block of flats somewhere on island 650M naira, not the whole block of flats, just a flat. The so call Maitama, even Aso Villa, a fully detached house with swimming pool, bq, gym, etc will be like the same price or even can be cheaper than this just a flat in a block of flats.

I have a lot of instances.

since you are into properties, can you please tell me where how you would spend 20m naira if you have that amount of money today? tell me the places you will spend it, and what kind of houses you will spend it on?

princeade86:
I now know that u don't know ikoyi at all. For u to say ikoyi don't have good road, dirty, or no drainage. Ikoyi and VI are far ahead lekki.

Ikoyi minus Obalende, has good road Nd drainage.. VI isn't as good as Ikoyi

Shey man no go move go Imo state like this?

princeade86:
I now know that u don't know ikoyi at all. For u to say ikoyi don't have good road, dirty, or no drainage. Ikoyi and VI are far ahead lekki.

whats in Lekki are mainly estates and in those estates, the infrastructures like roads are ok.

the area around falomo bridge in Ikoyi and Ahmadu Bello way in VI are not very good.

No Delta State?

No Delta State? Mtcheeew

miketayo:
Ikoyi minus Obalende, has good road Nd drainage.. VI isn't as good as Ikoyi

sanusi fafunwa, ahmadu bello and the area around law school are not very good. also bode george et al are not good too. i think the best in VI are ajose, ademola adetokunbo, akin adesola and adeola odekun. but when it rains in odekun, the place would be flooded

Caliphas55:
I can't find Akwa ibom inon the list.

Or

Akwa ibom isn't included in the list

MiddleDimension:
sanusi fafunwa, ahmadu bello and the area around law school are not very good. also bode george et al are not good too.

Vi isn't a residential area anyways.. oniru side has bad roads Nd poor drainage..