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Rental Properties in Nigeria: Your Guide to Finding the Perfect Home
Whether you're looking for an apartment, a house, or a commercial space, the rental market in Nigeria offers diverse options to suit different budgets and lifestyles. From luxury homes in Lekki and Victoria Island to affordable apartments in Ikeja, Port Harcourt, and Abuja, there are countless rental opportunities across major cities.
This guide will help you navigate the rental process in Nigeria, including types of rental properties, costs, and how to find the best deals.
Types of Rental Properties in Nigeria
Renting in Nigeria comes with a variety of housing options. Here are the most common property types:
1. Self-Contain Apartments (Studio Flats)
- Features: A single room with a private bathroom and kitchenette.
- Ideal For: Students, young professionals, and individuals who prefer privacy.
- Rental Price Range: ₦200,000 - ₦1.5M per year (depending on the location).
2. Mini Flats (1-Bedroom Apartments)
- Features: A separate bedroom, living room, kitchen, and bathroom.
- Ideal For: Young couples, professionals, and individuals looking for more space.
- Rental Price Range: ₦400,000 - ₦3M per year.
3. 2-Bedroom & 3-Bedroom Flats
- Features: Multiple bedrooms, living room, kitchen, and bathrooms.
- Ideal For: Small families and professionals who prefer more space.
- Rental Price Range: ₦600,000 - ₦10M per year.
4. Duplexes & Detached Houses
- Features: Large homes with multiple rooms, sometimes with a private compound.
- Ideal For: Large families and expatriates looking for high-end living.
- Rental Price Range: ₦1.5M - ₦50M per year.
5. Serviced Apartments
- Features: Fully furnished apartments with amenities like power backup, cleaning services, and security.
- Ideal For: Business travelers, short-term rentals, and expatriates.
- Rental Price Range: ₦3M - ₦20M per year.
6. Commercial Spaces (Shops, Offices, and Warehouses)
- Features: Suitable for businesses looking to set up in key areas.
- Rental Price Range: ₦500,000 - ₦100M per year, depending on size and location.
Average Rental Prices in Major Nigerian Cities
| City |
Self-Contain (₦/yr) |
Mini Flat (₦/yr) |
2-Bedroom (₦/yr) |
Duplex (₦/yr) |
| Lagos (Lekki, VI, Ikeja) |
₦500K - ₦2M |
₦800K - ₦3M |
₦1.5M - ₦10M |
₦3M - ₦50M |
| Abuja (Maitama, Wuse, Gwarinpa) |
₦400K - ₦2M |
₦1M - ₦4M |
₦2M - ₦10M |
₦5M - ₦50M |
| Port Harcourt (GRA, Woji, Choba) |
₦300K - ₦1.5M |
₦600K - ₦3M |
₦1M - ₦6M |
₦3M - ₦30M |
| Ibadan (Bodija, Jericho, Akobo) |
₦200K - ₦1M |
₦400K - ₦2M |
₦800K - ₦5M |
₦2M - ₦20M |
Factors Affecting Rental Prices:
✔ Location & Proximity to Business Districts
✔ Availability of Amenities (Power, Water, Security, Parking, etc.)
✔ Furnished vs. Unfurnished Apartments
✔ Gated Estates vs. Regular Neighborhoods
How to Find Rental Properties in Nigeria
Looking for an affordable and verified rental property? Here are the best ways to find one:
1. Search Online on Apartments.ng
- Browse through thousands of verified rental listings.
