5 cheapest places to reside in Lagos 

The Lagos housing market in 2025 remains one of the most competitive in Nigeria, with skyrocketing rents in prime areas like Lekki, Ikoyi, and Ikeja. 

However, many Lagosians are finding relief in more affordable neighbourhoods along the Lagos–Abeokuta axis and other semi-urban areas where rent is still within reach for the average worker. 

From Meiran to Badagry, these locations combine affordability with varying degrees of accessibility, making them attractive options for renters who want to live decently without breaking the bank.

Meiran

Meiran sits along the Lagos–Abeokuta Expressway and has become a stronghold for affordable housing. Rents in 2025 average between N200,000 and N300,000 for a mini-flat, while a two-bedroom apartment costs about N350,000 to N550,000 annually. 

The area is fairly developed with schools, markets, and good transport links, yet it is less congested compared to Agege or Mushin. 

Meiran appeals strongly to families who want to balance affordability with easy access to Ikeja, making it one of the best budget-friendly residential options in Lagos.

Iyana Ipaja

Iyana Ipaja is widely known as a bustling transport hub that connects Abule Egba, Egbeda, and Agege. Despite its heavy traffic and congestion, it remains one of the cheapest places to rent a house in Lagos. 

In 2025, a mini-flat goes for N200,000 to N350,000, while two-bedroom flats cost between N400,000 and N650,000. The neighbourhood is packed with rental options, thanks to its central location. For workers who prioritise strong transport links and don’t mind dealing with the chaos of Lagos traffic, Iyana Ipaja provides a cost-effective housing solution.

Alakuko

Situated on the Lagos–Ogun border, Alakuko has grown into a semi-urban residential community attracting tenants with its competitive rent. Prices remain low, with mini-flats going for N180,000 to N300,000, and two-bedroom apartments ranging between N350,000 and N550,000 in 2025. 

Though commuting from Alakuko to Ikeja or Lagos Island can take time, the area compensates with relative calm, new housing estates, and affordability. For young professionals or families willing to trade longer commuting hours for cheaper rent, Alakuko is a smart choice.

Command (Ipaja/Abule Egba Axis)

The Command area, located around Ipaja and Abule Egba, has carved out a reputation as a residential-heavy, family-friendly community. Rent is moderate, with mini-flats priced at N200,000 to N350,000 and two-bedroom apartments at N400,000 to N600,000. 

Unlike the chaotic atmosphere of Iyana Ipaja, Command is relatively calm and has witnessed steady improvements in road infrastructure. This makes it particularly attractive to civil servants, middle-class families, and mid-level workers who seek affordable accommodation in a more organised setting.

Badagry

Badagry remains one of Lagos’s top budget-friendly locations in 2025. Although far from the city centre, it offers serenity, historical significance, and improving infrastructure along the Lagos–Badagry Expressway. Rental costs are still very affordable, ranging from N180,000 to N300,000 for a one-bedroom apartment, and N350,000 to N600,000 for a two-bedroom flat. 

For people who prioritise peace, space, and affordability over proximity to the Island or Ikeja, Badagry offers excellent value. Its growing popularity also means more estates are springing up, making it an emerging residential hub for budget-conscious Lagosians.