Useful information about renting a place in Lagos
Looking for
rentals in
Lagos? Nigeria's most vibrant city offers diverse housing options, from luxurious
apartments to affordable
rooms for
rent. The most sought-after areas for
accommodation include Victoria Island, known for its upscale
flats and proximity to business districts, and Lekki, where you'll find modern
residential complexes and stylish
properties. Ikoyi is another premium neighborhood popular among expatriates and professionals seeking high-end
housing. For more budget-friendly options, mainland areas like Surulere and Yaba offer plenty of comfortable
rooms and
apartments for
rent, particularly popular among young professionals and students. When searching for a place to live in Lagos, consider factors like proximity to work, traffic patterns (which can be quite intense), and security features of the property. Many
rental properties come with backup power solutions to handle occasional power outages, and it's common for buildings to have security personnel. The city's rapid development means new
residential projects are constantly emerging, especially in areas like Ajah and Sangotedo, offering modern amenities and more spacious living options for those seeking
accommodation in Lagos.
Cost of Living in Lagos
Looking for
rentals in
Lagos? Understanding the cost of living is essential before making your move. For those seeking a
room for
rent in Lagos, prices typically start from ₦150,000 per month for a
shared room in areas like Yaba or Surulere, while a single
room can cost between ₦250,000 to ₦400,000 monthly. A
studio apartment for
rent in Lagos ranges from ₦500,000 to ₦900,000, depending on the location. Those interested in a
two-bedroom flat for
rent in Lagos should expect to pay between ₦1,200,000 to ₦2,500,000 annually in mainland areas, while prime locations like Victoria Island or Lekki can command ₦3,000,000 to ₦5,000,000 per year. The average price per square meter ranges from ₦15,000 to ₦45,000 monthly. Beyond housing, daily expenses in Lagos include transportation (₦500-1,000 per trip), groceries (₦80,000-150,000 monthly for a family), utilities (₦15,000-25,000 monthly), and dining out (₦2,000-5,000 per meal). Internet services typically cost ₦10,000-20,000 monthly, while basic healthcare insurance starts from ₦25,000 per quarter.