Affordable Places to Live in Lagos, Nigeria (2025 Guide)

Lagos is one of Africa’s most vibrant cities — a bustling hub for business, creativity, and culture. But with its appeal comes a high cost of living in many parts of the city. If you're moving to Lagos or planning to relocate within the city and want to keep your expenses low, there are several affordable areas worth considering.

Here’s a practical guide to some of the cheaper places to live in Lagos without sacrificing too much on security, accessibility, or basic amenities.

1. Ikorodu

Why it’s affordable:
Ikorodu sits on the outskirts of Lagos and has seen rapid development over the past decade. Housing is significantly cheaper compared to central Lagos areas like Lekki or Victoria Island.

Pros:

• Relatively low rent
• Good road network in newer parts
• Presence of markets and local businesses

Cons:

• Traffic congestion, especially during rush hours
• Limited access to high-end infrastructure

Rent estimate: ₦150,000–₦400,000 annually for a one-bedroom apartment (as of 2025)

 

2. Abule Egba

Why it’s affordable:
Located along the Lagos-Abeokuta Expressway, Abule Egba has become a go-to for budget-conscious renters. The government’s flyover project has eased some of the former traffic chaos.

Pros:

• Access to several bus routes and the BRT system
• Active local economy with markets and small businesses
• Affordable food and daily expenses

Cons:

• Flooding in some areas during the rainy season
• Infrastructure varies block by block

Rent estimate: ₦200,000–₦500,000 annually for a self-contained or mini flat.

 

3. Agbado-Ijaiye

Why it’s affordable:
This area borders Ogun State and is ideal for people working in Lagos but looking for cheaper housing. It’s a peaceful suburban neighborhood with a mix of old and new developments.

Pros:

• Cheap rent and cost of living
• Calm environment
• Close to Sango and Iju, offering transport flexibility

Cons:

• Electricity supply can be inconsistent
• Commute to Lagos Island is long

Rent estimate: ₦150,000–₦400,000 annually

 

4. Mowe/Ibafo (Ogun Border Towns)

Why it’s affordable:
Technically located in Ogun State, Mowe and Ibafo are popular among Lagos workers due to their affordability and relatively short distance to Ikeja and Ojota.

Pros:

• Very low housing costs
• Quiet residential feel
• Easy access to Lagos-Ibadan Expressway

Cons:

• Heavy traffic into Lagos during peak hours
• Limited public services compared to mainland Lagos

Rent estimate: ₦100,000–₦350,000 annually

 

5. Egbeda/Alimosho

Why it’s affordable:
Alimosho is Lagos' largest local government area, and Egbeda is one of its most accessible towns. The area is dense but packed with affordable housing options.

Pros:

• Active commercial zones and nightlife
• Good transport links
• Many schools and churches/mosques

Cons:

• Overcrowding in some parts
• Water supply issues in older buildings

Rent estimate: ₦200,000–₦500,000 annually

6. Iyana Ipaja

Why it’s affordable:
A major transport hub, Iyana Ipaja connects several parts of Lagos. It’s noisy and fast-paced, but if you need affordability and access, it’s a strong candidate.

Pros:

• Easy access to public transport
• Thriving markets and low cost of daily living
• Affordable rents and room-sharing options

Cons:

• Frequent gridlock
• Environmental cleanliness can be an issue

Rent estimate: ₦150,000–₦450,000 annually

 

A Few Tips Before You Rent

• Inspect before paying: Photos and promises can be misleading. Visit the property in person if you can.
• Ask about security and water supply: Even affordable places should offer basic comfort.
• Budget for transportation: Some cheaper areas require longer commutes, which adds to your monthly costs.
• Use trusted agents or referrals: The property market in Lagos has its share of scams, so proceed with caution.

Living in Lagos on a budget is very possible, especially if you're willing to make a few trade-offs in terms of location and convenience. The key is balancing affordability with access to essential services and transport. With careful planning, these neighborhoods can offer a decent quality of life without draining your wallet.