Apartments & Houses for Rent in Lagos

Introduction

Lagos is Nigeria’s economic powerhouse — a megacity of over 20 million people where business, culture, and coastal beauty collide.

From the luxury apartments of Victoria Island to the fast-growing suburbs of Lekki and Ikeja, Lagos offers one of the most dynamic real-estate markets on the continent.

Afrirentals connects you directly with verified listings across Lagos — making it easy to rent, buy, or publish your property safely and efficiently.

1. Overview of the Real Estate Market

Lagos continues to experience strong growth in both residential and commercial properties, fueled by population expansion and diaspora investment.

Key insights:

• Short-term rentals are booming, especially in Lekki and Ikoyi.
• The middle-class demand for gated communities and modern apartments is rising.
• Land values and property prices have surged by 15–20 % since 2023.
• Infrastructure projects such as the Lekki Deep Sea Port and rail expansion are increasing property appeal.

This growth has positioned Lagos as West Africa’s most profitable rental market.

2. Main Neighborhoods in Lagos

• Victoria Island (VI): Business hub with luxury apartments and offices.
• Ikoyi: Exclusive area known for embassies, high-end villas, and waterfront views.
• Lekki Phase 1: Fast-developing district with modern housing and shopping centers.
• Ajah & Sangotedo: Affordable suburban zones with growing real-estate projects.
• Ikeja: Central, commercial area ideal for professionals.
• Yaba: Vibrant tech-driven neighborhood popular with young renters.
• Surulere: Mid-range area combining accessibility and community life.

3. Property Types and Typical Prices (2025)

• Studio / 1-Bedroom Apartment: ₦1 000 000 – ₦2 500 000 / year
• 2-Bedroom Apartment: ₦2 500 000 – ₦5 000 000 / year
• 3-Bedroom Apartment / House: ₦5 000 000 – ₦9 000 000 / year
• Luxury Villas / Waterfront Homes: ₦10 000 000 – ₦25 000 000 / year
• Commercial Spaces / Offices: ₦3 000 000 – ₦15 000 000 / year

Prices depend heavily on neighborhood, proximity to the coast, and available utilities such as power backup and security.

4. Tips for Tenants and Landlords

For Tenants

• Always verify ownership before any payment.
• Use Afrirentals to compare verified listings and avoid scams.
• Request a signed lease and official receipts.
• Check for water supply, security, and power availability.

For Landlords

• Upload bright, professional photos of all rooms and exteriors.
• Mention proximity to business areas, malls, or beaches.
• Offer short-term or furnished options for higher yields.
• Respond quickly to inquiries to maintain visibility.

5. Why Use Afrirentals

Afrirentals simplifies real-estate management for Nigerian landlords and tenants.

• Publish listings instantly — enjoy a 30-day free trial.
• Access verified profiles and secure communication.
• Reach both local renters and the African diaspora.
• Manage multiple properties from a single dashboard.
• Transparent, professional, and built for Africa.

Conclusion

From luxury penthouses in Ikoyi to family homes in Ikeja, Afrirentals.com connects you with the right property in Lagos.

Join the growing network of trusted owners and renters shaping Nigeria’s housing future.

Start your journey with Afrirentals — where finding a home in Nairobi becomes part of your success story.