Houses & Apartments for Rent in Nigeria ▷ Prices in May 2024 on Jiji.ng (2024)

FAQs

How much is monthly rent in Nigeria? ›

The average price of houses for rent is ₦3,572,098 The most expensive house costs ₦50,000,000. while the cheapest costs ₦20,000. We have a total of 11,173 Property for rent in Lagos updated on 09 Jun 2024. Among these properties are houses, lands, shops, apartments, flats and commercial spaces in Lagos.

The average price of houses for sale in Nigeria is ₦146,000,000. The most expensive house costs ₦1,800,000,000 while the cheapest costs ₦15,000,000. There are 46,469 available houses for sale in Nigeria.

He noted that this mass migration into Lagos intensifies the demand for housing, consequently driving up rental costs as landlords and property owners charge higher rents due to the competition for living spaces.

200 USD translates to N72,000 at today's exchange rate of N360/$1 So let me answer that from a Lagos perspective: With N72,000 in your pocket: That's an average of 28 uber trips or One night at a really good hotel or a weekend in a less than average one Or Congrats, you can get a whopping 220GB worth of…

The average price of 3 bedroom flats for sale in Nigeria is ₦110,000,000. The most expensive flat / apartment costs ₦1,300,000,000 while the cheapest costs ₦19,600,000. There are 3,879 available 3 bedroom flats for sale in Nigeria.

The average price of 3 bedroom houses for sale in Nigeria is ₦70,000,000. The most expensive house costs ₦934,000,000 while the cheapest costs ₦8,500,000.

Foreign individuals and entities can acquire land in Nigeria by obtaining a Certificate of Occupancy from the relevant state government.

The optimal amount to spend on rent in Nigeria is at most 30% of your yearly income or about three months' salary. However, depending on your income and specific situation, you can spend more or less. A handy guide is to ensure you don't exceed 40% to have enough money left over for savings and other expenses.

Where is the richest place to live in Lagos? ›

But the estimated monthly cost for an average family of four in Nigeria without rent is roughly around ₦150,000. The cost of living can differ based on several factors, such as location, lifestyle, and spending habits. Prices of goods and services may vary significantly across different regions and cities in Nigeria.

Living abroad has made me familiar with a monthly rent payment structure, unlike what is obtainable in Nigeria. In Nigeria, tenants are required to pay their rent on annual basis. Some landlords may even ask for two years' rent paid upfront.