CribCheckRent in Lagos is quoted per year, and the advertised figure is only part of what leaves your account. Use the ranges below to sanity-check a quote, then use the calculator to work out your real move-in cost.
Typical annual rent by property type
- Self-contain: roughly ₦350,000 to ₦1,200,000, depending on area and finish.
- One bedroom (mini flat): roughly ₦600,000 to ₦2,500,000.
- Two bedroom: roughly ₦900,000 to ₦5,000,000.
- Three bedroom: roughly ₦1,500,000 to ₦9,000,000, higher when serviced.
Mainland versus Island
For the same property type, Island addresses such as Ikoyi, Victoria Island and prime Lekki commonly cost two to four times mainland equivalents in Yaba, Surulere, Ikeja or Gbagada. Serviced flats add a large service charge on top, often for power and security you would otherwise pay for yourself.
- Cheaper, longer commute: Ikorodu, Alagbado, Ayobo, Sangotedo, Ibeju-Lekki fringes.
- Mid-range with mixed commute: Yaba, Surulere, Gbagada, Ogba, Ikeja, Ajah.
- Premium: Lekki Phase 1, Ikoyi, Victoria Island, parts of Oniru and Ikate.
The fees on top of rent
- Agency fee — commonly 5% to 10% of annual rent.
- Agreement or legal fee — commonly 5% to 10% of annual rent.
- Caution or damage deposit — often one to two months' rent, refundable in principle.
- Service charge — anything from ₦100,000 to several million a year in serviced blocks.
- Inspection fee charged by some agents before a viewing, typically ₦2,000 to ₦20,000.
Work out your real move-in cost
True move-in cost calculator
Enter the rent you were quoted. Adjust anything that differs in your case — fees vary by area, agent and building.
- Annual rentThe figure the agent quotes you₦1,500,000
- Agency fee10% of rent, paid to the agent₦150,000
- Agreement / legal fee10% of rent, for preparing the tenancy agreement₦150,000
- Caution deposit10% of rent, refundable if condition at entry was recorded₦150,000
- Service chargeSecurity, waste, pumps, common areas₦300,000
- Painting and small repairsWhat you fix before moving in₦150,000
- MovingTruck, loaders and any estate fee₦80,000
- Internet installationFibre or fixed wireless setup₦100,000
What you actually need before you get the keys
₦2,580,000
That is about 1.72× the quoted rent. Ask for every figure in writing before you pay anything.
Indicative only. Figures depend on the property, the agent and the estate.
Where the cost can still change
A property that needs painting, plumbing repairs, a new pump or rewiring shifts real money onto you in the first month. Record condition before you pay, and use it either to get the work done by the landlord or to negotiate the rent.
Ranges here are indicative market observations for 2026, not quotes. Always ask for the full cost in writing from the specific agent and landlord.