AFFORDABLE LIVING: 6 CHEAPEST PLACES TO RESIDE IN LAGOS NIGERIA

By BUKINGPROPERTIES
13th January, 2024

Lagos, the economic hub of Nigeria, is known for its bustling streets, vibrant culture, and diverse population. However, the city’s rapid growth and increasing demand for housing have led to skyrocketing property prices, making it challenging for many residents to find affordable accommodation. In this article, we will explore the cheapest places to live in Lagos, Nigeria, providing valuable insights for individuals seeking affordable housing options in this vibrant city.


 1. Ikorodu:


Located on the outskirts of Lagos, Ikorodu offers a more affordable living option compared to the city centre. With a relatively lower cost of living, Ikorodu provides a range of housing options, including apartments and self-contained units, at more affordable prices. The area is well-connected to the city centre through various transportation options, making it a viable choice for individuals who work in Lagos but seek more affordable accommodation.


 2. Agege:


Agege, situated in the mainland area of Lagos, is another affordable neighbourhood worth considering. The area offers a mix of residential and commercial spaces, with a variety of housing options available at relatively lower prices. Agege is well-connected to other parts of Lagos through road networks and public transportation, making it a convenient location for both work and leisure.


 3. Alimosho:


Alimosho is one of the largest local government areas in Lagos and is known for its affordable housing options. The area boasts a range of residential estates, apartments, and duplexes at relatively lower prices compared to other parts of Lagos. Alimosho also offers a vibrant community atmosphere with various amenities such as markets, schools, and recreational facilities, making it an attractive option for individuals seeking affordable living with necessary amenities nearby.


 4. Badagry:


Located on the outskirts of Lagos, Badagry is known for its historical significance and serene environment. The area offers affordable housing options, including apartments and bungalows, with a lower cost of living compared to the city centre. Badagry’s proximity to beaches and tourist attractions adds to its appeal, providing residents with a tranquil living experience away from the hustle and bustle of the city.


 5. Epe:


Epe, a town on the outskirts of Lagos, offers a more affordable living option with a laid-back lifestyle. The area provides a range of housing options, including detached houses and apartments, at relatively lower prices. Epe’s natural beauty, including its proximity to the Lekki Conservation Centre and Epe Mangroves, adds to its charm, making it an attractive choice for individuals seeking affordable living in a serene environment.


 6. Iyana Ipaja:


Iyana Ipaja, located in the Alimosho local government area, is another affordable neighbourhood in Lagos. The area offers a mix of residential and commercial spaces, with a range of housing options available at relatively lower prices. Iyana Ipaja is well-connected to other parts of Lagos through road networks and public transportation, providing easy access to various amenities and employment opportunities.


Conclusion:


While Lagos is known for its high cost of living, there are several affordable neighbourhoods that offer viable housing options for individuals seeking a more budget-friendly lifestyle. Areas such as Ikorodu, Agege, Alimosho, Badagry, Epe, and Iyana Ipaja provide a range of housing options at relatively lower prices, allowing residents to enjoy the benefits of living in Lagos without straining their finances. By exploring these affordable neighborhoods, individuals can find suitable accommodation that meets their budgetary requirements while enjoying the vibrant culture and opportunities that Lagos has to offer.

Categories: Real Estate Tips
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