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Cost Of Renting Short-let Apartments In Lagos | Co-tenant - Properties - Nairaland

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Cost Of Renting Short-let Apartments In Lagos | Co-tenant by CotenantNIG: 5:27pm On May 18, 2019
Hi Guys

We Look at the Cost of renting short let apartments in Lagos, this post is for those who are looking at getting short lets close to work, travelers coming into the country etc or maybe those that want to go into the short let business and don't know how to go about it. This is for you

But first some definitions

What is Short Let or shared apartment ?

A short-term let (also known as a short-term rental) is understood to be any letting agreement that lasts less than six months, but often it is just a few weeks, or even one night. A short-term let is not always the same thing as an assured shorthold tenancy
short let is a property which will be let from a few weeks to a few months not usually up to a year.

Short Let involves individuals renting out a room in their apartments either to travelers, students, or workers who work near them. Charges are done daily, weekly and Monthly.

Short Lets can be a single room, shared room, 1 bedroom flat, studio apartment, 2 bedroom flat or even a whole house.

Short Lets apartments are already furnished , the person just need to pay the necessary fee and move in.

Read More from Our Blog
https://cotenant.com.ng/news/

We will be looking at how much it cost to get a short let per day or per month, Note some of this cost varies as most short lets are charged in Dollars and not Naira and are expensive due to where they are located example banana island short lets are super expensive

Ajah
The average price for short lets in Ajah is ₦100,000 per day. The most expensive flat costs ₦300,000 per day while the cheapest cost ₦5,000 per day

Alimosho
The average price for short lets in Alimosho is ₦30,000 per Month. The most expensive flat costs ₦80,000 per Month while the cheapest cost ₦1,500 per day

Apapa
The average price for short lets in Apapa is ₦50,000 per day. The most expensive costs ₦120,000 per day while the cheapest cost ₦3,000 per day

Eko Atlantic City
The average price for short lets in EKC is ₦200,000 per day. The most expensive flat costs ₦4,950,000 per month while the cheapest cost ₦90,000 per day

Gbagada
The average price for short lets in Gbagada is ₦80,000 per day. The most expensive flat costs ₦1,000,000 per month while the cheapest cost ₦10,000 per day


Ikorodu
The average price for short lets in Ikorodu is ₦20,000 per month. The most expensive flat costs ₦50,000 per month while the cheapest cost ₦1,000 per day


Ilupeju
The average price for short lets in Ilupeju is ₦120,000 per day. The most expensive flat costs ₦45,000 per day while the cheapest cost ₦10,000 per day

Ipaja
The average price for short lets in Ipaja is ₦20,000 per month. The most expensive flat costs ₦50,000 per month while the cheapest cost ₦7,000 per day

Badagry
The average price for short lets in Badagry is ₦10,000 per day. The most expensive flat costs ₦30,000 per month while the cheapest cost ₦5,500 per day

Isheri(Opic)
The average price for short lets in Isheri is ₦15,000 per day. The most expensive flat costs ₦30,000 per month while the cheapest cost ₦6,000 per day

Isolo
The average price for short lets in Isolo is ₦100,000 per day. The most expensive flat costs ₦1,000,000 per month while the cheapest cost ₦18,000 per day

Magodo
The average price for short lets in Magodo is ₦400,000 per month. The most expensive flat costs ₦65,000 per day while the cheapest cost ₦15,000 per day

Maryland
The average price for short lets in Maryland is ₦300,000 per month. The most expensive flat costs ₦95,000 per day while the cheapest cost ₦28,000 per day

Ojodu
The average price for short lets in Ojodu is ₦20,000 per day. The most expensive flat costs ₦18,000 per day while the cheapest cost ₦5,000 per day

Surulere
The average price for short lets in Surulere is ₦45,000 per day. The most expensive flat costs ₦50,000 per day while the cheapest cost ₦5,000 per day

Yaba
The average price for short lets in Yaba is ₦25,000 per day. The most expensive flat costs ₦300,000 per month while the cheapest cost ₦5,000 per day

Victoria Island
The average price for short lets in VI is ₦30,000 per day. The most expensive flat costs ₦200,000 per day while the cheapest cost ₦13,000 per day

Lekki
The average price for short lets in Lekki is ₦200,000 per month Read More Location and Cost


I don't guarantee this are the real price but estimate

1 Like 2 Shares

Re: Cost Of Renting Short-let Apartments In Lagos | Co-tenant by CotenantNIG: 5:31pm On May 18, 2019
next we look at Abuja

lalasticlala
Re: Cost Of Renting Short-let Apartments In Lagos | Co-tenant by GloShare(m): 9:19pm On May 18, 2019
100k per day in Ajah? I think that's an error

9 Likes

Re: Cost Of Renting Short-let Apartments In Lagos | Co-tenant by jojothaiv(m): 9:20pm On May 18, 2019
Short-let ke...
Re: Cost Of Renting Short-let Apartments In Lagos | Co-tenant by Amuocha: 9:20pm On May 18, 2019
You mean short time angry

7 Likes 2 Shares

Re: Cost Of Renting Short-let Apartments In Lagos | Co-tenant by ifex370(m): 9:20pm On May 18, 2019
.
Re: Cost Of Renting Short-let Apartments In Lagos | Co-tenant by osemoses1234(m): 9:21pm On May 18, 2019
Where’s okokomaiko
Re: Cost Of Renting Short-let Apartments In Lagos | Co-tenant by ifex370(m): 9:21pm On May 18, 2019
GloShare:
100k per day in Ajah? I think that's an error


I think the op smoked something...

How much is a night at eko hotel again?

29 Likes

Re: Cost Of Renting Short-let Apartments In Lagos | Co-tenant by modupe2: 9:23pm On May 18, 2019
Following
Re: Cost Of Renting Short-let Apartments In Lagos | Co-tenant by Lagosfinder(m): 9:23pm On May 18, 2019
Properties in Lagos is money
lets find you a house/office space that suit your budget make request on www.Lagosfinder.com
Re: Cost Of Renting Short-let Apartments In Lagos | Co-tenant by ednut1(m): 9:23pm On May 18, 2019
Eko atlantic How
In 2013 my aunt rented a flat in ikeja for a month 450k during her childs wedding.. so day maryland looks small

1 Like 1 Share

Re: Cost Of Renting Short-let Apartments In Lagos | Co-tenant by PeachtreeReside(f): 9:24pm On May 18, 2019
The so called elitist areas are so poor in infrastructure and aesthetics you begin to wonder why the exorbitant cost of living there.


Maybe it's because of the exaggerated networth of the inhabitants ....

12 Likes

Re: Cost Of Renting Short-let Apartments In Lagos | Co-tenant by sonnie10: 9:25pm On May 18, 2019
This business model is risky in Nigeria because there is no agency to vet the parties. I don’t want to share living space with a criminal.
This is not new as Arbnb is doing it already on their platform

4 Likes

Re: Cost Of Renting Short-let Apartments In Lagos | Co-tenant by Seun360(m): 9:26pm On May 18, 2019
ifex370:


I think the op smoked something...
How much is a night at eko hotel again?
300/400 dollars.

1 Like

Re: Cost Of Renting Short-let Apartments In Lagos | Co-tenant by oshe11: 9:28pm On May 18, 2019
Quite Cheap though
Re: Cost Of Renting Short-let Apartments In Lagos | Co-tenant by biacan(f): 9:29pm On May 18, 2019
ednut1:
Eko atlantic How
In 2013 my aunt rented a flat in ikeja for a month 450k during her childs wedding.. so day maryland looks small
So your aunt's child latter got married sad

3 Likes

Re: Cost Of Renting Short-let Apartments In Lagos | Co-tenant by Tedpgrass: 9:30pm On May 18, 2019
PeachtreeReside:
The so called elitist areas are so poor in infrastructure and aesthetics you begin to wonder why the exorbitant cost of living there.


Maybe it's because of the exaggerated networth of the inhabitants ....


Prices are tagged to the expensive estates which have a minimum infrastructure...
So poorly served areas get pricy.. Postcode bias

Thanks to current financial state of the nation, there's a readjustment following deep introspection.



.

4 Likes

Re: Cost Of Renting Short-let Apartments In Lagos | Co-tenant by legibow: 9:33pm On May 18, 2019
I don't get it ooooo.. so no more per year again , it is now per day and per month... that is a serious issue... and u say no money is this country

1 Like

Re: Cost Of Renting Short-let Apartments In Lagos | Co-tenant by Ishilove: 9:34pm On May 18, 2019
Eko Atlantic City

The average price for short lets in EKC is ₦200,000 per day. The most expensive flat costs ₦4,950,000 per month while the cheapest cost ₦90,000 per day
Smh.
Re: Cost Of Renting Short-let Apartments In Lagos | Co-tenant by davodyguy: 9:34pm On May 18, 2019
GloShare:
100k per day in Ajah? I think that's an error
The guy just lift content online and post on his blog. He has no idea of market prices

3 Likes 2 Shares

Re: Cost Of Renting Short-let Apartments In Lagos | Co-tenant by philip0906(m): 9:36pm On May 18, 2019
I’m seeing 30k per month in Alimosho. Who has any info on such property?

Note: I don’t mind paying you for the info
Re: Cost Of Renting Short-let Apartments In Lagos | Co-tenant by Nobody: 9:36pm On May 18, 2019
exxagerated report.

I rented one on the island at 250k a month.
Paid 500k for 60days. This was discounted rate. I don't wanna mention the part of the Island, but it was very Island.

Catch them during offpeak period and na you go do shakara, but it is never as expensive as OP claims. I haven't seen though.

4 Likes

Re: Cost Of Renting Short-let Apartments In Lagos | Co-tenant by Nobody: 9:39pm On May 18, 2019
ifex370:



I think the op smoked something...

How much is a night at eko hotel again?
no be only smoke I think it's the way his own system react to sniper.

5 Likes 1 Share

Re: Cost Of Renting Short-let Apartments In Lagos | Co-tenant by Nobody: 9:41pm On May 18, 2019
ifex370:



I think the op smoked something...

How much is a night at eko hotel again?
55k
Re: Cost Of Renting Short-let Apartments In Lagos | Co-tenant by wonlasewonimi: 9:44pm On May 18, 2019
But people use 1004 for shortlet 40k per night
Re: Cost Of Renting Short-let Apartments In Lagos | Co-tenant by Nobody: 9:48pm On May 18, 2019
wonlasewonimi:
But people use 1004 for shortlet 40k per night

What is the big deal about that 1004 though? Maybe it is the interior or the history behind it. Because I see nothing from the outside.

1 Like

Re: Cost Of Renting Short-let Apartments In Lagos | Co-tenant by Nobody: 9:50pm On May 18, 2019
wonlasewonimi:
But people use 1004 for shortlet 40k per night
that place looks like it's going to fall apart anytime soon.
I almost puked the last time I saw it.i wonder why it's so hard for Nigerians to maintain anything.

2 Likes

Re: Cost Of Renting Short-let Apartments In Lagos | Co-tenant by Nobody: 9:51pm On May 18, 2019
CotenantNIG:
Hi Guys

We Look at the Cost of renting short let apartments in Lagos, this post is for those who are looking at getting short lets close to work, travelers coming into the country etc or maybe those that want to go into the short let business and don't know how to go about it. This is for you

But first some definitions

What is Short Let or shared apartment ?

A short-term let (also known as a short-term rental) is understood to be any letting agreement that lasts less than six months, but often it is just a few weeks, or even one night. A short-term let is not always the same thing as an assured shorthold tenancy
short let is a property which will be let from a few weeks to a few months not usually up to a year.

Short Let involves individuals renting out a room in their apartments either to travelers, students, or workers who work near them. Charges are done daily, weekly and Monthly.

Short Lets can be a single room, shared room, 1 bedroom flat, studio apartment, 2 bedroom flat or even a whole house.

Short Lets apartments are already furnished , the person just need to pay the necessary fee and move in.

Read More from Our Blog
https://cotenant.com.ng/news/

We will be looking at how much it cost to get a short let per day or per month, Note some of this cost varies as most short lets are charged in Dollars and not Naira and are expensive due to where they are located example banana island short lets are super expensive

Ajah
The average price for short lets in Ajah is ₦100,000 per day. The most expensive flat costs ₦300,000 per day while the cheapest cost ₦5,000 per day

Alimosho
The average price for short lets in Alimosho is ₦30,000 per Month. The most expensive flat costs ₦80,000 per Month while the cheapest cost ₦1,500 per day

Apapa
The average price for short lets in Apapa is ₦50,000 per day. The most expensive costs ₦120,000 per day while the cheapest cost ₦3,000 per day

Eko Atlantic City
The average price for short lets in EKC is ₦200,000 per day. The most expensive flat costs ₦4,950,000 per month while the cheapest cost ₦90,000 per day

Gbagada
The average price for short lets in Gbagada is ₦80,000 per day. The most expensive flat costs ₦1,000,000 per month while the cheapest cost ₦10,000 per day


Ikorodu
The average price for short lets in Ikorodu is ₦20,000 per month. The most expensive flat costs ₦50,000 per month while the cheapest cost ₦1,000 per day


Ilupeju
The average price for short lets in Ilupeju is ₦120,000 per day. The most expensive flat costs ₦45,000 per day while the cheapest cost ₦10,000 per day

Ipaja
The average price for short lets in Ipaja is ₦20,000 per month. The most expensive flat costs ₦50,000 per month while the cheapest cost ₦7,000 per day

Badagry
The average price for short lets in Badagry is ₦10,000 per day. The most expensive flat costs ₦30,000 per month while the cheapest cost ₦5,500 per day

Isheri(Opic)
The average price for short lets in Isheri is ₦15,000 per day. The most expensive flat costs ₦30,000 per month while the cheapest cost ₦6,000 per day

Isolo
The average price for short lets in Isolo is ₦100,000 per day. The most expensive flat costs ₦1,000,000 per month while the cheapest cost ₦18,000 per day

Magodo
The average price for short lets in Magodo is ₦400,000 per month. The most expensive flat costs ₦65,000 per day while the cheapest cost ₦15,000 per day

Maryland
The average price for short lets in Maryland is ₦300,000 per month. The most expensive flat costs ₦95,000 per day while the cheapest cost ₦28,000 per day

Ojodu
The average price for short lets in Ojodu is ₦20,000 per day. The most expensive flat costs ₦18,000 per day while the cheapest cost ₦5,000 per day

Surulere
The average price for short lets in Surulere is ₦45,000 per day. The most expensive flat costs ₦50,000 per day while the cheapest cost ₦5,000 per day

Yaba
The average price for short lets in Yaba is ₦25,000 per day. The most expensive flat costs ₦300,000 per month while the cheapest cost ₦5,000 per day

Victoria Island
The average price for short lets in VI is ₦30,000 per day. The most expensive flat costs ₦200,000 per day while the cheapest cost ₦13,000 per day

Lekki
The average price for short lets in Lekki is ₦200,000 per month Read More Location and Cost


I don't guarantee this are the real price but estimate


It's a good thing you're honest about the fact that you pulled these stūpid figures out of your ãss cheesy

1 Like

Re: Cost Of Renting Short-let Apartments In Lagos | Co-tenant by AngelicBeing: 9:54pm On May 18, 2019
Amuocha:
You mean short time angry
Hian, short time ke, short time is for those in the olosho business, you have started again cheesy

3 Likes

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