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Reading: High 10 most costly areas to lease a 2-bedroom condo in Lagos  
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Watch Nigeria > Blog > Guides & Explainers > High 10 most costly areas to lease a 2-bedroom condo in Lagos  
Guides & Explainers

High 10 most costly areas to lease a 2-bedroom condo in Lagos  

Last updated: January 3, 2026 9:58 am
Terfa Ukende
6 days ago
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High 10 most costly areas to lease a 2-bedroom condo in Lagos  
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Two-bedroom flats are among the many most sought-after rental models in Lagos. Realtors and property brokers observe that renters favor them for his or her steadiness of house, consolation, and affordability, making them superb for small households, professionals, and roommates.

Rental values throughout the town have proven important development, pushed by city growth, way of life modifications, and financial exercise.

Demand is strongest in neighborhoods providing good safety, fashionable infrastructure, and handy entry to enterprise and leisure hubs.

In response to the Lagos Residential Market Report 2025 by Edala Improvement, which supplies common rental values for flats throughout Lagos in 2025, this rating identifies the highest 10 areas the place two-bedroom flats command the very best rents.

From Mainland neighborhoods with comparatively reasonably priced choices to Island and waterfront developments that command premium costs, the report highlights the places the place renters pay essentially the most for two-bedroom houses.

Soar to part

10. Gbagada – N2.6 million

 

Gbagada ranked because the tenth most costly space to lease a two-bedroom condo in Lagos in 2025, with a mean annual lease of N2.6 million.

The neighborhood is a well-established residential space on the Mainland. It options a mixture of fashionable condo blocks, terraces, and semi-detached houses, attracting professionals and households searching for extra reasonably priced choices whereas remaining linked to Lagos’ enterprise districts.

In response to the report, two-bedroom models have appreciated considerably, climbing from N600,000 to N2.6 million between 2020 and 2025. Remaining rents differ relying on property kind, constructing high quality, and accessible facilities, with models in newer developments or gated communities typically commanding greater costs.

Soar to part

10. Gbagada – N2.6 million


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ByTerfa Ukende
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Terfa Ukende is a seasoned financial writer with over seven years of experience covering topics on finance, investment, and economic development. He began his writing career with NewsWay before joining Watch Nigeria, where he continues to educate readers on wealth building, market trends, and smart money management. He holds a Bachelor’s degree in Statistics and Computer Science, which strengthens his analytical approach to financial reporting and investment insights.
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