Lagos is a vibrant city filled with opportunities, but finding an affordable apartment can be challenging. If you’re looking for cheap apartments in Lagos without compromising on comfort and security, this guide will help you make a smart choice.
1. Set a Realistic Budget
Before you start searching, determine how much you can afford. Consider your monthly income and ensure rent doesn’t exceed 30% of your earnings. Include utility bills, service charges, and potential maintenance costs in your budget.
2. Choose the Right Locations
Some areas in Lagos are more expensive than others. If you’re looking for cheap apartments in Lagos, consider neighborhoods like:
- Ikorodu
- Agege
- Abule Egba
- Iyana Ipaja
- Surulere (certain parts)
These areas often offer lower rental prices compared to high-end locations like Victoria Island and Lekki.
3. Use Online Platforms
Several websites and apps help people find apartments. Some reliable platforms include:
- PropertyPro.ng
- Jiji.ng
- Private Property
- NaijaHouses
- Ineedahouse.ng
Use the search filters to narrow your results to budget-friendly apartments. When searching online, include the keyword “looking for cheap apartments in Lagos” to get tailored results.
4. Work with Local Agents
Local real estate agents often know about affordable listings that may not be online. Ensure you work with registered agents to avoid scams. Ask for recommendations from friends and family to find reliable professionals.
5. Consider Shared Apartments
If you’re on a tight budget, renting a shared apartment can be a cost-effective option. Sharing an apartment allows you to split rent and utility bills with others. It also helps you live in a better neighborhood without overspending.
6. Explore Newly Developed Areas
Newly developed areas often have lower rental prices as they are still growing. Consider places like Badagry, Epe, and parts of Alimosho. These areas might require a longer commute but can be ideal if you’re looking for cheap apartments in Lagos.
7. Inspect Before Paying
Always inspect the apartment in person before making any payment. Check the condition of the building, water supply, security, and overall cleanliness. Avoid making payments without verifying the apartment physically.
8. Negotiate the Rent
Don’t hesitate to negotiate the rent. Landlords in Lagos often leave room for negotiations, especially if you’re ready to pay multiple months upfront. Be polite but firm during discussions.
9. Avoid Peak Rental Seasons
Rental prices tend to rise during certain times, especially at year-end. If possible, search for apartments during off-peak seasons to get better deals.
10. Join Community Forums
Facebook groups, WhatsApp forums, and local community boards often have listings for affordable apartments. Join groups specifically for those looking for cheap apartments in Lagos.
11. Watch Out for Scams
Unfortunately, rental scams are common in Lagos. Watch out for red flags such as agents asking for payment before inspection or deals that seem too good to be true.
12. Finalize Your Decision
Once you’ve found an affordable apartment, review the rental agreement carefully. Ensure all terms and conditions are clearly stated and understood before making payments.
Conclusion
Finding affordable apartments in Lagos requires patience, research, and careful planning. By following these steps, you can find a safe and budget-friendly home. If you’re actively looking for cheap apartments in Lagos, start today by exploring multiple channels and working with trusted professionals.
If you need a quick, easy and fast way to find an apartment of your choice, that is within your budget, in your preferred location, then don’t hesitate to make a FREE request on our platform by clicking HERE