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Looking for a 1-bedroom apartment on monthly rent? Whether you’re a professional, student, or someone seeking compact living, a 1-bedroom apartment is a practical and affordable choice. These apartments are available in various locations, offering flexibility and convenience. In this guide, we explore the average monthly rent for 1-bedroom apartments, factors influencing prices, and tips for finding the perfect space.
Main Content
Why Rent a 1-Bedroom Apartment?
- Affordability: More budget-friendly than larger apartments or houses.
- Convenience: Ideal for singles, young couples, or professionals.
- Privacy: Offers a dedicated living space with essential amenities.
- Flexible Lease Options: Many 1-bedroom apartments are available for monthly rent.
Average Monthly Rent for 1-Bedroom Apartments
Rental prices for 1-bedroom apartments vary depending on location, property features, and amenities. Below are some examples:
In Lagos
- Victoria Island: ₦300,000 – ₦800,000 per month (luxury apartments).
- Lekki: ₦200,000 – ₦600,000 per month (mid-range to luxury).
- Ikeja (GRA): ₦150,000 – ₦500,000 per month.
- Surulere: ₦100,000 – ₦250,000 per month (affordable housing).
- Ajah: ₦80,000 – ₦200,000 per month (budget-friendly options).
In Abuja
- Maitama: ₦400,000 – ₦1 million per month (luxury areas).
- Gwarinpa: ₦150,000 – ₦400,000 per month.
- Lugbe: ₦100,000 – ₦250,000 per month (affordable and developing area).
In Other Nigerian Cities
- Port Harcourt: ₦100,000 – ₦400,000 per month.
- Ibadan: ₦50,000 – ₦150,000 per month.
- Enugu: ₦60,000 – ₦200,000 per month.
Factors Influencing Monthly Rent for 1-Bedroom Apartments
- Location: Apartments in urban centers and luxury neighborhoods cost more.
- Amenities: Properties with modern facilities like gyms, pools, and parking attract higher rents.
- Furnished vs. Unfurnished: Furnished apartments typically have higher rents.
- Building Type: Newer developments or serviced apartments cost more than older properties.
- Duration of Lease: Some landlords offer discounts for longer-term leases.
Benefits of Renting Monthly
- Flexibility: No long-term commitment required.
- Convenience: Ideal for travelers, expatriates, or individuals in transition.
- Budget Control: Pay monthly rather than upfront annual rents.
- Access to Prime Locations: Monthly rents make luxury areas more accessible.
Tips for Renting a 1-Bedroom Apartment Monthly
- Set a Budget: Account for rent, service charges, and utility bills.
- Inspect the Apartment: Check for water, power, and overall condition.
- Work with Verified Platforms: Use trusted platforms like Apartments.ng to avoid scams.
- Negotiate Terms: Some landlords offer flexible payment options for longer stays.
- Check Proximity: Ensure the apartment is close to your workplace, schools, or daily essentials.
About Apartments.ng
Looking for a 1-bedroom apartment on monthly rent? At Apartments.ng, we provide verified listings of apartments for rent in Lagos, Abuja, and other major cities. Whether you’re seeking an affordable flat in Surulere or a luxury apartment in Victoria Island, our platform makes it easy to find the perfect rental property.
List Your Property for Free
Are you a property owner? List your property for free on Apartments.ng and connect with tenants searching for monthly rentals.
Conclusion
Renting a 1-bedroom apartment on a monthly basis is an excellent option for individuals seeking flexibility, affordability, and comfort. Whether you prefer a budget-friendly area or a luxury neighborhood, there are plenty of options to suit your needs. Start your property search today on Apartments.ng and find the perfect 1-bedroom apartment for monthly rent.\