Rapmoney:
As a property manager and one who has visited many Nigerian cities, I did a research/survey and came out with the result of the top 5 cities in Nigeria where one would need to belt himself/herself very well before renting an apartment! This survey was carried out with the accommodation costs of houses/apartments found in condusive environments or areas characterized with the usual facilities that are found in an average African city. By this, this survey did not cover rural areas (villages), please.

1) ABUJA: In terms of the cost of renting an apartment, be it flat, self-con or bed-sitter, Abuja (the main city), is a place where you really need to eat 'bellefull' before doing that. This can really reduce your savings to a frustrating amount! It's in places like Maitama that you would see a one-bedroom flat that goes for 1million Naira!!! Any landlord/house agent who puts up same house for that amount in Benin-City is surely an 'Enemy of Progress' Are we buying the house? It's because of this that made many residents of Abuja to move to surburbs or outskirts of the city.

2) LAGOS: I discovered that most of the mini-flats in Lagos mainland are above 300k a year. You can get this same apartment, even with better facilities and in a more serene environment, at half the price, in Akure. When I saw the bed-sitter a friend of mine paid for at Oregun for 10k monthly, I wept!!!

3) WARRI: This would have come after Port-Harcourt but it seems as if some house owners here think everyone is scooping crude oil from the ground since it's called the 'Oil City'. Sometimes, mini-flats go for as high as 18k monthly!!! 3 bedroom flats in good environments can cost 480k-500k per year; sometimes, 600k.

4) PORT-HARCOURT: Rentage in PH City is not too different from what's obtainable in Warri.

5) ENUGU: Sometimes, a bed-sitter that's so small to an extent where you won't even have enough space to stretch your hands in the morning without knocking off things in your room, could go for as high as 100k-110k per year! Even places like Obiagu and Artisan!!! The rentage cost of 2 bedroom and 3 bedroom flats in places like Loma Linda/Independence Layout/GRA, can make an unemployed man die before his time!!!

Compiled by Rapmoney

buchi2020:
Why is bayelsa not on your list? The price for a bed sitter with water is 150 to 180 while standard two bedroom duplex is 750 to 800 but face me I face you is 5000

Sobeautiful:
PH should be no. 2 pls.

Abbycuttie:





my dear u forgot to Add ASABA........ bed sitter in Asaba is btwn 130k to 150...

worldmoney:
350 in warri, 450 in port Harcourt

kunlesufyan:

Jeez! The woman refused renting ....I can bet you are beautiful and she doesn't trust her husband.. .I'm trying oo....its a nice place to serve ..where are you now?

lol. I wish I knew her reason, I was so embarrassed and confused. She should be in her fifties, her husband should be older_ wetin I dey use old man do?
Yea, it a nice town, quite expensive for a corps member though.
I am in Abia state .

saintfizzo:
correction. Sir, it will buy u an acre in ibadan, need more info? Quote me

Rapmoney:
Not a good 3 bedroom flat o! I mean an old one that requires renovation.

Realmcfynest:
Ogun state mowe nko

badaoyeyemi:
Am not sir...nd I don't need more info

Lebee4:
OP, have u considered a place like Lokoja that is not developed and 2 bedroom goes between 250k n 300k in an undeveloped city.

What I think is that there should be legislation that will curb this landlord fraud to humanity.

Rapmoney:
If you know what's obtainable in Warri now, you will know what I'm talking about.

dandollaz:
And u mention enugu without owerri.op if u want to generalize town it should be
Abuja
Portharcourt
Lagos
owerri
warri
enugu.
Not everywhere in lagos is expensive but everywhere in abuja and phc is expensive do ur research well.

Rapmoney:
That same 2 bedroom will go for 350k in Warri. Now, you see why Uyo is not on the top 5 list? I'm a property manager

forgiveness:



If that is the highest rate obtainable for a two bedroom flat in P/h, I am sorry to say P/h na small pikin for were Lasgidi dey for rent.


In Ikorodu the outskirts of Lagos 2 bedroom flat goes for 450k in Ebute, 800k - 2.5m around Surulere axis, 900k - 2.5m around Ikeja axis, 1.2m - 3.5m at Lekki axis, 2.5m - 4m V. I, 4m - 100,000 dollars(35m) yes dollars per annum(most houses rents are collected in Dollars), make I continue? You go fear fear.

Lagos is the most expensive city in Nigeria na. P/h na small pikin.

lordcyl3:
Enugu house rent is just the wickedest. very expensive. even if you're a 50k salary earner, is better you return to ur villa cos u can't even manage in Enugu. every commodity is extra expensive. Enugu landlords are very selfish.

ambrosini593:

my one bedroom in yenagoa is 300k

Millerz:
don't mind this O.P. I know two people currently paying over N1m on rent in PH and they don't even live anywhere close to the high brow areas.

kunlesufyan:

Jeez! The woman refused renting ....I can bet you are beautiful and she doesn't trust her husband.. .I'm trying oo....its a nice place to serve ..where are you now?

forgiveness:



If that is the highest rate obtainable for a two bedroom flat in P/h, I am sorry to say P/h na small pikin for were Lasgidi dey for rent.


In Ikorodu the outskirts of Lagos 2 bedroom flat goes for 450k in Ebute, 800k - 2.5m around Surulere axis, 900k - 2.5m around Ikeja axis, 1.2m - 3.5m at Lekki axis, 2.5m - 4m V. I, 4m - 100,000 dollars(35m) yes dollars per annum(most houses rents are collected in Dollars), make I continue? You go fear fear.

Lagos is the most expensive city in Nigeria na. P/h na small pikin.

worldmoney:
lie small small bro

Kachisbarbie:


lol. I wish I knew her reason, I was so embarrassed and confused. She should be in her fifties, her husband should be older_ wetin I dey use old man do?
Yea, it a nice town, quite expensive for a corp member though.
I am in Abia state .

forgiveness:

2.5million for 2bedrm in ikeja? Bros u cn lie ooooooooo

In Ikorodu the outskirts of Lagos 2 bedroom flat goes for 450k in Ebute, 800k - 2.5m around Surulere axis, 900k - 2.5m around Ikeja axis, 1.2m - 3.5m at Lekki axis, 2.5m - 4m V. I, 4m - 100,000 dollars(35m) yes dollars per annum(most house rents are collected in Dollars), make I continue? You go fear fear.

Lagos is the most expensive city in Nigeria na. P/h na small pikin.

worldmoney:
lie small small bro

Gboliwe:
Enugu? Rapmoney surely hasn't been to Uyo. Even Awka and Owerri are more expensive than Enugu.

Baroba:


You can say it a again, I just helped my brother rent a One bedroom " apartment" in Trans Ekulu Enugu.. Breakdown, one year rent 150,000, agency fee 30,000, Legal fee 40,000, caution fee 20,000..

This is a state were most of its inhabitants are civil servants and students.. Shocking

Millerz:
You are a pathetic liar. Nobody pays 35m for house rent in Nigeria. Not even in Abuja.

That being said, Cocaine village is not close to being the most expensive place in PH. Where I stay in woji (which is not a high brow area) I know two people paying over 1m. You have G.R.A old and new and most especially Eagle island where only commissioners and politicians can afford.