Lagos, Abuja, Port Harcourt lead six Nigerian cities with sky‑high apartment rents
🔑 Key Takeaways:
Lagos tops the list of most expensive Nigerian cities for rent, with one-bedroom flats going for ₦1.2–2.5 million/year, and three-bedroom units much higher
Abuja ranks second, especially in Maitama and Asokoro, where apartments achieve ₦1–7 million annually
Port Harcourt, Lekki, Victoria Island also land among the top six, with average rents from ₦900k–1.8 million/year
High rent index puts Nigeria as the priciest in Africa with a rent index of 21.8—No. 1 on the continent
Young Nigerians hit hardest, with rents sometimes twice monthly salaries, pushing people further from work or school .
The Full Story Of Nigerian Rent Crisis
Mum, the rent don kill us. In Lagos, you fit pay ₦1.2–2.5 million for small apartment. For three-bedrooms? Chai, way more. That’s rent o—per year! In Abuja, anywhere from Maitama to Asokoro, studio apartments go for ₦1.5 million, 3‑bedrooms up to ₦7 million annually .
Then comes Port Harcourt, driven by oil money; followed by Lekki and Victoria Island—Lagos suburbs where gated estates stretch the wallet Nigeria now tops Africa with rent index 21.8—costlier than Cape Town, Accra, Casablanca
Students and young professionals bear the brunt. One student shared rent doubled to ₦1.4 million/year—forcing 10 students into shared spaces Urban youth are compromising—far from jobs, roads long and costly.
It’s a classic case of breaking news Nigeria, with Nigeria economy news highlighting an urgent need for government affordable‑housing schemes, tighter rent regulation, and infrastructure investment.
🌐 Social Media Reactions To The Nigerian Rent Crisis
@NaijaUrbanJ: “Lagos don high pass. Who fit pay dis kain rent?”
@StudentInABUJA: “I dey chop good salary but rent chop am finish.”
@AuntieLekki: “Lekki self no be for everybody o.”
@PulsePH: “Port Harcourt oil money no mean cheaper rent.”
@RentStruggleNG: “Government dey sleep. Housing crisis dey blow.”
As Nigeria headlines flash breaking headlines Nigeria over the rent crisis, Lagos, Abuja, and Port Harcourt lead sky-high costs. With our current news Nigeria stressing unaffordable housing, calls grow louder for real-time news Nigeria solutions—rent control, mass housing, youth support. Without action, this becomes not just national news, but a Nigeria social media trends crisis.
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