₦airaland Forum

Finding a standard mini flat or self-con apartment for 200 thousand naira (for example) might be a bit difficult, but finding a room in a shared apartment improves an apartment seeker’s chances a lot better.
The rent cost of an apartment is influenced by a number of factors. This includes; accessibility, building aesthetics, and apartment location, and it can also be affected by demand. For a shared apartment, rent cost is also influenced by the number of bedrooms in the flat.
A limited budget can be frustrating when searching for a new space, however, there are areas that fit perfectly with low-budget apartment seekers and there are areas that do not.
We will be discussing the best locations for apartment searches for flatshare and apartment seekers with low budgets. Please bear in mind that this information is based on our dealings within the flatshare community and members who are listed on our platform in 2021.

[img]Screenshot_20211026-225630_Instagram.jpg[/img]

Ago palace way.
Ago is an area with increasing demand, it is sort of popular for its supermarkets, beer bars, and restaurants. Shared apartments listed from here were between the range of 170k for a room in a three-bedroom to 350k per year for a room in a two-bedroom.

[img]shared apartment in ajah.jpg[/img]
Ajah
Ajah is an area that needs no further introduction, it’s known for its close proximity to the island. The cheapest Shared apartment we have had in Ajah cost 250k for a room in a duplex.
[img]Screenshot_20211026-225526_Instagram.jpg[/img]
Surulere.
This area is large and diverse mixed with middle classes and upper class. Now a flatshare here depends on the location you are looking at. For example, one room in a three-bedroom in Itire cost 250k while a furnished two-bedroom in Bode Thomas cost 600k.


Sangotedo.
Sangotedo is just after Ajah and before Ibeju-Lekki. Strangely, we have never had a listed space here for less than 300k and as high as 400k, although I can safely say that the listed spaces were in very choice areas within Sangotedo. If you are willing to include Awoyaya as part of Sangotedo then we have had a listed space in a three-bed bungalow, for 250k.

Ogba.
Its major relevance is its close proximity to a megacity/ the capital of Lagos state which is Ikeja. Shared apartments here can cost from 150k for a shared self-con to as high as 500k for a two-bedroom without minus extra fees.

Ojodu Berger.
Ojodu is along the outskirts of Lagos, close to Ogun state. We have had a room in a flatshare for 150k.

Sheruta is an online peer-to-peer housing assistance platform. visit www.sheruta.ng to post your free spaces and post request for available spaces

Aside from being the State capital, Ikeja is one of the most densely populated parts of Lagos state, despite the high rent, there are places within Ikeja where the cost of rent is economically affordable for the average working class. Apartments around Ikeja cost from ₦250,000 per year to ₦8,000,000 per year. It is important to know that the cost of rent is influenced by factors including location, type of apartment, quality of building, accessibility and more. So in case you looking for places in areas in Ikeja with a low cost of rent, then this post is for you.

OGBA

A 3 bedroom cost an average of ₦750,000 per annum in Ogba, The most expensive three-bedroom apartments around Ogba would cost you about ₦2,000,000 annually while the cheapest cost around ₦450,000 per year. (As at the time of post)

A 2 bedroom in Ogba cost an average of ₦550,000 per annum, The most expensive two-bedroom apartments around Ogba might require you cough out ₦1,000,000 annually while the cheapest cost about ₦350,000 per year.

AGIDINGBI

A 3 bedroom cost an average of ₦1,000,000 per annum in Agidibgbi, The most expensive three-bedroom apartments around Agidibgbi would cost about ₦4,000,000 annually while the cheapest cost around ₦800,000 per year.
Miniflat in Agidingbi cost an average of ₦500,000 per annum, the most expensive Miniflats cost about ₦1,000,000 per annum, while the cheapest is within the cost of ₦300,000 per annum

MAGODO

The average price of 3 bedroom flats for rent in Magodo, Lagos is ₦1,400,000 per year. The most expensive flat costs ₦3,000,000 per year while the cheapest cost ₦500,000 per year.
The average price of 2 bedroom flats for rent in Magodo, Lagos is ₦1,000,000 per year. The most expensive flat costs ₦2,000,000 per year while the cheapest cost ₦450,000 per year.
The average price of 1 bedroom flats for rent in Magodo, Lagos is ₦500,000 per year. The most expensive flat costs ₦1,000,000 per year while the cheapest cost ₦200,000 per year.

OJODU

The average price of 3 bedroom flats for rent in Ojodu, Lagos is ₦650,000 per year. The most expensive flat costs ₦3,000,000 per year while the cheapest cost ₦300,000 per year.
The average price of 2 bedroom flats for rent in Ojodu, Lagos is ₦600,000 per year. The most expensive flat costs ₦2,000,000 per year while the cheapest cost ₦250,000 per year.
The average price for a mini flat for rent in Ojodu, Lagos is about ₦350,000 per year, the most expensive flat cost ₦650,000 per year while the cheapest cost ₦100,000 per year.

Looking for a flatmate, visit [url]sheruta.ng[/url]

MARYLAND

The average price of 3 bedroom flats for rent in Maryland, Lagos is ₦1,500,000 per year. The most expensive flat costs ₦2,500,000 per year while the cheapest cost ₦800,000 per year.
The average price of 2 bedroom flats for rent in Maryland, Lagos is ₦1,000,000 per year. The most expensive flat costs ₦2,000,000 per year while the cheapest cost ₦250,000 per year.
The average price for a mini flat for rent in Maryland, Lagos is about ₦550,000 per year, The most expensive miniflats flat cost ₦1,000,000 per year while the cheapest cost ₦250,000 per year.

Flat-sharing is becoming a huge consideration for many people, especially for the Millenials, which is normal
(i mean just imagine starting life with all these big problems on just one head). The existence of AIRBNB
proves that people share apartments for different reasons. In Lagos, one major reason is finding a person(s)
who you can split the high rent charges and wahala bills related to living in the city.

It is easier to rent a place with a friend or family, yeah we know! way easier, but most times situations don't go as planned.
So the question is, what are the factors to put into consideration when sharing your apartment for a longterm. Below are some
points to consider when sharing your home

Financial status: you need to know if a sub renter is capable of paying rent continuously and consistently. A good first step
will be to check his/her financial standing, ask question's concerning employment status and monthly income by requesting for
document's indicating statement of bank account.

Employment Status: Whether a renter is self-employed or on a white-collar job, the important point to note is the steadiness
of his or her income to prevent a case story that touches.


Relationship status: The idea of a shared apartment is more suitable for singles and nonmarried renters (in my opinion) even
though married couples living in a shared apartment are not completely unheard of, it just less complicated with singles.

Available guarantor: There has to be some form of family trace and backing for security and also in the case of an emergency

Past flatmate relationship: Ask questions about their relationship with past flatmates (if any). His or her response will help
determine their ability to share a home in a long term.

OCD LEVEL: Renters who have high OCD (Obsessive Compulsive Disorder) are more suitable for self cons and mini flats.

Possible common interest: Having flatmates with common or similar interests just makes everything easier for both parties.
Imagine being a fan of the same club or sharing love for fashion. science has proven that people tend to click faster when they have
common goals or interests, you get to know this by interacting. Personality check.

for more info on shared apartments, you can click on the link below for more info

[url]http://www.sheruta.ng/blog/Sharing%20a%20home%20in%20Lagos[/url]

Lots of Fire outbreaks this period. Its beginning to become a concern