CotenantNIG:
Hi Guys

We Look at the Cost of renting a 1 bedroom apartment in Lagos, due to the fact people have been asking for a more detailed cost of rent around Nigeria
https://cotenant.com.ng/news/

Lagos is most populous city in Nigeria. It is the second fastest-growing city in Africa and the seventh in the world. The population of Lagos according to the Lagos State Government, was 17.5 million. These figures are however disputed by the Nigerian Government and judged unreliable by the National Population Commission of Nigeria. The latest reports estimate the population at 21 million, making Lagos the largest city in Africa.

Lagos is a metropolitan area which originated on islands separated by creeks, such as Lagos Island, fringing the southwest mouth of Lagos Lagoon while protected from the Atlantic Ocean by long sand spits such as Bar Beach, which stretch up to 100 kilometres (62 miles) east and west of the mouth. From the beginning, Lagos has expanded on the mainland west of the lagoon and the conurbation, including Ikeja (which is the capital of Lagos) and Agege, now reaches more than 40 kilometres (25 miles) north-west of Lagos Island. Some suburbs include Ikorodu, Epe and Badagry, and more local councils have recently been created, bringing the total number of local governments in Lagos to 57.

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.

Ajah
The average price of 1 bedroom flats for rent in Ajah, Lagos is ₦400,000 per year. The most expensive flat costs ₦800,000 per year while the cheapest cost ₦60,000 per year

Alimosho
The average price of 1 bedroom flats for rent in Alimosho, Lagos is ₦250,000 per year. The most expensive flat costs ₦420,000 per year while the cheapest cost ₦100,000 per year

Gbagada
The average price of 1 bedroom flats for rent in Gbagada, Lagos is ₦500,000 per year. The most expensive flat costs ₦1,000,000 per year while the cheapest cost ₦144,000 per year.

Ibeju Lekki
The average price of 1 bedroom flats for rent in Ibeju Lekki, Lagos is ₦250,000 per year. The most expensive flat costs ₦450,000 per year while the cheapest cost ₦100,000 per year

Ikeja
The average price of 1 bedroom flats for rent in Ikeja, Lagos is ₦400,000 per year. The most expensive flat costs ₦4,000,000 per year while the cheapest cost ₦60,000 per year

Ikoyi
The average price of 1 bedroom flats for rent in Ikoyi, Lagos is ₦1,600,000 per year. The most expensive flat costs ₦14,000,000 per year while the cheapest cost ₦360,000 per year

Ikorodu
The average price of 1 bedroom flats for rent in Ikorodu, Lagos is ₦150,000 per year. The most expensive flat costs ₦350,000 per year while the cheapest cost ₦60,000 per year.

Isolo
The average price of 1 bedroom flats for rent in Isolo, Lagos is ₦400,000 per year. The most expensive flat costs ₦4,000,000 per year while the cheapest cost ₦100,000 per year

Lekki
The average price of 1 bedroom flats for rent in Lekki, Lagos is ₦800,000 per year. The most expensive flat costs ₦4,000,000 per year while the cheapest cost ₦60,000 per year

Magodo
The average price of 1 bedroom flats for rent in Magodo, Lagos is ₦450,000 per year. The most expensive flat costs ₦650,000 per year while the cheapest cost ₦250,000 per year.

Yaba
The average price of 1 bedroom flats for rent in Yaba, Lagos is ₦350,000 per year. The most expensive flat costs ₦4,000,000 per year while the cheapest cost ₦78,000 per year

Surulere
The average price of 1 bedroom flats for rent in Surulere, Lagos is ₦400,000 per year. The most expensive flat costs ₦900,000 per year while the cheapest cost ₦150,000 per year


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https://cotenant.com.ng/2019/05/12/cost-of-renting-a-1-bedroom-apartment-in-lagos-nigeria/

You are omitting major costs like agent fee, caution fee, security, etc, etc,


These are part of the rent pls state all the extra costs here too so that ppl will know the exact state of things.

This is like giving a false hope to ppl.

Some landlords and agents are Shylocks

delugajackson:
How much for under bridge?

Help me ask them o

Majlaw:
And am thinking about relocating to Lagos..
Tired of Job hunting here. I wants to go and try Lagos.
No Money, No Accommodation. Where I go start from sef?

my bro, Lagos is trash, only the elite enjoy it, but if you think you'll make it here, then give it a shot, why not try the north?

delugajackson:
How much for under bridge?

You will need to ask a mad man. That's their flat.

Mynd44:
I know one bedroom flats in Alimosho that go for 150,000

So, na Alimosho my area you dey stay.

If you do LOOM, And they DOOM you, Don't cry come my ROOM, Coz na BROOM i go take ZOOM you out

Casptainspecial:
How do yu mean by 1 bedroom flat ?

Room and pallor self contain or just a single room for face me and face you

One bedroom flat means room and parlor self contain

Pls sir help a brother...
I need a decent S/C in Ikeja Axis urgently
Water and electricity is my major prob

Lagos house is very expensive o, imagine me paying for a single room for 150k a year in magoro close to
Ikeja. I wonder the cost of house in the two years in Lagos, the rate landlords are coming up with new strategies in their house eh,is nor friendly at all they will tell you to pay for caution fee 2ok damages 10k. It is only God that will help his children o.

Am I buying All the houses in ikoyi .that I will pay 14million per year. .Lagos ooo..Truly a mega city

Omoboricash:

I disagree with you on ikorodu, where I'm leaving Jumofak bus stop ignoring oluwo estate , we have 3 bedroom of 500k/600k. The average price of 3 bedroom is 350/400k

I think the OP is emphasizing on one bedroom apartment (room and palour self-contain)

60,000k annual in lekki? Cheapest? That must be kpako house where you go dey stay inside flooded area may be with cotonou,Togo and Ghana immigrants

better save ur money buy a land at ikorodu, mowe or ibafo n jejely build u a house

#get_sense

dominique:


I think the OP is emphasizing on one bedroom apartment (room and palour self-contain)

I guess a single self contained room

TrashDetective:


So, na Alimosho my area you dey stay.

Mynd44

Naw Alimosho babe ooo.

spotmataz:



You are omitting major costs like agent fee, caution fee, security, etc, etc,


These are part of the rent pls state all the extra costs here too so that ppl will know the exact state of things.

This is like giving a false hope to ppl.

Some landlords and agents are Shylocks

Agency fee, caution fee, agreement are all one off payment. Once that's settled, subsequent rent wouldn't attract that again. Agreement is usually 10% of the rent value, some greedy agents now charge 20% as against 10% while some landlord usually collect caution fee depending on the value but very negotiable.

But in all, Lagos accommodation dey very expensive.

hinograce:
60,000k annual in lekki? Cheapest? That must be kpako house where you go dey stay inside flooded area may be with cotonou,Togo and Ghana immigrants

Even me I wonder ooo, Cheapest 60k, if na true everybody go move go lekki, who no want fresh air and good environment, the cheapest for lekki na 1M, unless that person want stay for poultry house which can't go for that 60k.

Majlaw:
And am thinking about relocating to Lagos..
Tired of Job hunting here. I wants to go and try Lagos.
No Money, No Accommodation. Where I go start from sef?

Na the same ish with me o baba. I won try Lagos but nowhere to stay

Majlaw:
And am thinking about relocating to Lagos..
Tired of Job hunting here. I wants to go and try Lagos.
No Money, No Accommodation. Where I go start from sef?

Na the same ish with me o baba. I won try Lagos but nowhere to stay.

hinograce:
I guess a single self contained room

That's a one room apartment not one bedroom apartment

For my area, na 50K per year.

Lol mma Inor, na lie joor

UyaiIncomparabl:
For my area, na 50K per year.

delugajackson:
How much for under bridge?

For Ebonyi people?

I doubt that one about magodo’s most expensive being 650k.
Used to live in a 3 bedroom that cost 1.4M per year.

Lagos is...

Who are these people paying 14M per year?

Houses in Lagos are becoming expensive, you realize that you have been saving 20k from your poor salary every month to pay your rent. And this is supposed to be one of life basic needs.






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Why will I be working for my landlord? Am I mad?

Omoboricash:

I disagree with you on ikorodu, where I'm leaving Jumofak bus stop ignoring oluwo estate , we have 3 bedroom of 500k/600k. The average price of 3 bedroom is 350/400k

what about in lekki please for 2bed and 3 bed

Ehibiggirl:
what about in lekki please for 2bed and 3 bed

Dideolu estate sand fill, 3m-3.5m