How Much Is House Rent in Lagos: Luxury and Unfurnished Price (Updated)

Good news for you if you are looking for a house  or rent in Lagos at affordable prices. House is a shelter for every one so you are always trying to live in a house where you should at least be calm.

In Nigeria, where to live is a very curious question when you rent a house. We come up with a location which will lessen your stress. 

Lagos, yes! We recommend that you live in Lagos. You will find all the facilities there. And also you  will feel like you are living in heaven. I said this because the cost of houses in Lagos are very reasonable. You can easily give rent if you can’t purchase.

Houses for rent in Lagos are very interesting because of the Icelandic view. Many houses have a parking area and also a gym inside the house for apartments. But for finding such types of houses you need to contact a company like Nijahomzs. 

They are providing consulting for rental property in Lagos. They are responsible from rental agreement to key transfer to your hands. So hurry up and come to Nijahomzs for the best place to visit for house and apartment for rent in Lagos. 

Cost of House for Rent in Lagos is ₦8,000,000 per annum?

On average you will find a house for rent in Lagos at ₦8,000,000 per annum. Rental houses in Nigeria are very expensive but contact Nijahomzs for an affordable and in between  above mentioned rate. 

If you are a citizen of another country or city and want to live in Lagos. Obviously you have no ideas of law and legal registration process. So you need a professional to help in this situation. 

Don’t worry whenever you have the mind to take the house for rent feel free to contact us. Nijahomzs has a number of listings related to property for rent. Do you know their target cities also include Lagos, Lekki and Ajah. 

Luxury House Price for Sale in Lagos

In this age of artificial intelligence we can create images as we want but the image you see above is the house for rent for you in Lagos. 

This luxury house is listed at Nijahomzs official website. In depth details are available at the property category. But I don’t want to waste your time at this moment. Below are the details;

• Bedrooms: 5
• Bathrooms: 6
• Property Type: House
• Parking Spaces: 4
• Toilet: 7
• Location: Royal Garden Estate, Aja, Lekki 106104, Lagos, Nigeria

Price: ₦400,000,000

Click to Buy Now

House for Rent Lagos Listed Most Recent

Many people can’t afford their own houses but many could not buy a house due to some other reasons. So we are here with a house for rent in Lagos. This house is also luxurious. You will feel like you  are living in your  own brand new house. 

This house is under Nijahomzs property listings. The details are under for better understanding of the house;

The first question arises in Lagos: how much is this house ? Simply with 3 bedrooms this house is available at just ₦50,000,000 Per Year for rent. This house is very much in demand and people are approaching us. So hurry if you want to get it. 

• Bedrooms: 3
• Bathrooms: 3
• Toilet: 4
• Rent Price Type: Per Year
• Rental Type: Long Term Rental
• Property Type: House
• Property Type: Other
• Other: Duplex

Get on Rent 

Legal Consideration Before Getting a House on Rent

When renting a house in Lagos, it’s essential to be aware of the legal considerations to ensure a smooth and legitimate process. Here are key factors to consider:

1. Lease Agreement: Always have a detailed, written lease agreement. This document should outline the terms, including rent amount, payment frequency, duration, and renewal terms. It should also specify tenant and landlord responsibilities.
2. Property Verification: Verify the property ownership and ensure that the landlord or agent has the legal authority to rent out the property. Ask for identification and proof of ownership, such as a Certificate of Occupancy or land receipt.
3. Payment Receipts: For every payment you make—whether it’s rent, service charge, or caution fee—get an official receipt. This serves as proof of payment and may be necessary if disputes arise.
4. Rent Control Laws: Be aware of Lagos State rent control laws, which regulate rent rates and increments, especially in urban areas. Familiarize yourself with your rights as a tenant under these regulations.
5. Legal Fees and Agency Charges: In Lagos, tenants often pay for legal fees and agency charges, typically 10% of the rent. Ensure these fees are clearly stated and agreed upon in the lease agreement.
6. Tenancy Duration: Lagos typically offers one or two-year leases. Make sure the duration is clearly stated and matches what you are comfortable with. Consider your options if you plan to stay longer.
7. Inspection of Property: Thoroughly inspect the property before signing any agreements to ensure it meets your expectations and is safe. Check for repairs and maintenance issues that might need addressing before moving in.
8. Eviction Process: Understand the eviction process as outlined by Lagos tenancy laws. Evictions must follow due process, with proper notice given depending on the duration of tenancy.
9. Service Charges: Know what service charges are involved, especially if renting within an estate. These fees can cover security, waste disposal, and general maintenance. Make sure you understand the terms for these charges.
10. Utilities and Bills: Ensure clarity on who is responsible for paying utilities like electricity, water, and waste disposal, as well as how these will be billed.

 Want help for Legal Consideration Come Fast at Nijahomzs

Are you worried about how you will legitimize the legal process when you are going to rent a house  in Lagos? Don’t worry Nijahomzs will be your trusted partner. They will help you from house guidance to legal consideration. 

If you have a house and want to sell or give on rent you can also add it to Nijahomzs listings. This will help you to find the best match to your house and also it is time saving for you. Why wait, visit Nijahomzs and click on Post Your Add Button at right top corner. 

How You Ensure That Right Place in Right Budget 

When looking to rent a house in Lagos, here are some essential things to consider to ensure you find the right place:

1. Location: Choose an area that’s convenient for your lifestyle. Consider proximity to your workplace, schools, public transport, and amenities like markets, hospitals, and entertainment spots.
2. Budget: Define your budget, including rent, agency fees, and potential extra costs like service charges and utilities. Make sure the rent fits within your budget without stretching your finances.
3. Security: Safety is crucial. Research the security of the neighborhood, check if there are security measures like gated access, security guards, or surveillance cameras, and ask neighbors for their insights.
4. Accessibility: Lagos traffic can be challenging, so consider how easy it is to reach the property. Proximity to major roads, public transit options, and ease of access during rush hours can make a big difference.
5. Utilities and Amenities: Confirm what utilities are available, like water supply, electricity, and waste disposal. Also, check if there are additional amenities like parking spaces, generators, or water tanks.
6. Condition of the Property: Inspect the house for any damages, such as plumbing issues, electrical faults, or structural concerns. Ensure that repairs are completed before moving in or negotiate with the landlord for necessary fixes.
7. Lease Terms: Review the lease agreement carefully. Understand the terms, especially the length of the lease, renewal options, rules on modifications, and penalties for early termination.
8. Payment Terms: Clarify the rent payment structure, including if it’s monthly, quarterly, or annually. Also, be aware of any initial deposit or caution fee required.
9. Agency and Legal Fees: In Lagos, tenants often pay agency fees and legal charges upfront. These can be around 10% of the annual rent each, so factor these into your budget.
10. Landlord Reputation: Try to learn about the landlord’s reputation. A reasonable and responsible landlord can make your renting experience much smoother.

How we can Get House on Rent at Affordable Cost in Lagos

To secure an affordable rental house in Lagos, here are some practical strategies:

1. Research Locations: Prices vary greatly by neighborhood. Look for areas on the outskirts or less popular parts of Lagos where rent is generally lower, yet still accessible to amenities you need.
2. Use Multiple Channels: Explore listings on websites, social media, and local classifieds. You can also ask for recommendations from friends or family, as word of mouth can sometimes lead to better deals.
3. Negotiate Rent: Landlords often set prices with some room for negotiation. Don’t hesitate to negotiate for a lower rent or to ask for flexibility with payment terms.
4. Consider Sharing: Renting with roommates can drastically reduce your costs. You can split the rent and other expenses like utilities, making it more affordable.
5. Look for Longer Lease Terms: Some landlords may offer a discount if you commit to a longer lease term. If you’re planning to stay for a while, this can be a good way to reduce your rent.
6. Avoid Peak Moving Seasons: Try to find a rental outside of peak seasons when demand is high. During less popular times, landlords may be more willing to negotiate to fill vacancies.
7. Check for All-Inclusive Deals: Some rentals include utilities or maintenance in the rent. While the rent might be slightly higher, it can save money in the long run if utilities are covered.
8. Consider Fixer-Uppers: If you’re willing to put in a little work, some landlords may lower the rent if you take a property that needs minor repairs or improvements.

Are House at Cheapest Prices available for Rent

Finding affordable rental houses in Lagos can be challenging, but it is certainly possible. Many factors influence rental prices, such as location, property type, and amenities offered. Properties situated on the outskirts of the city or in developing neighborhoods often present more budget-friendly options. 

Additionally, prospective renters should consider various housing types, including apartments, townhouses, and shared accommodations, as these can significantly affect pricing. 

Staying updated on market trends and leveraging online platforms can also yield hidden gems at competitive prices.

For those seeking budget-friendly options, Nijahomzs is your go-to resource. We specialize in connecting you with reasonably priced rental properties in Lagos, ensuring you find the perfect home without overspending. Don’t miss out on your ideal living space—explore our listings today. 

FAQs

1. What is the average cost of living in Lagos?
   The average cost of living in Lagos is around ₦8,000,000 per annum for rental houses, though this varies by location and amenities.
2. What is the average monthly rent in Nigeria?
   Monthly rent in Nigeria can average ₦666,667, but prices fluctuate widely based on neighborhood and property type.
3. What is the price of a four-bedroom house in Nigeria?
   A four-bedroom house in Nigeria typically ranges from ₦50,000,000 to ₦400,000,000, depending on the location and luxury features.
4. What factors contribute to high rental prices in Lagos?
   High rental prices in Lagos are driven by demand, prime locations, amenities, and the overall cost of living in a bustling metropolis.