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10 places on the Mainland you can live under N300K budget

Residents of Lagos Mainland and other parts of the state would understand the city is one of the most expensive cities to live in the world. This is because renting an apartment usually cost a fortune and often times, individuals in search of apartments tend to find it difficult doing so at a particular time. Also, moving to a new location can be very stressful. Apart from planning the movement, acclimatizing or getting used to the new environment is another huddle you need to overcome.

However, a good knowledge of the popular communities to live on the Lagos Mainland and at very reasonable budget can allow residents have a better understanding of the best places to live at a pocket-friendly cost. This can also help those intending to relocate to other parts of the Mainland have an understanding of various places and make the best choice.

InsideMainland has researched the communities on the Lagos Mainland where medium and low-income earners can live comfortable under N300,000 (Three Hundred Thousand) budget. Check out the ten places below.

  1. Ikorodu

Ikorodu is a very popular community on the Lagos Mainland and is currently one of the most populated suburbs of the State. The community is suitable for residents who work around the Lagos Mainland and other parts of the state due to the ease of connecting other parts of the state either through the waterways or by road.

Research shows that apartments such as mini flats, self-contain and two and three bedroom flats are available in areas such as Jumofak, Ibeshe, Agric, Ijede and Eyita ends of the community for less than N300, 000.

  1. Agege

Agege community shares strategic boundaries with other communities on the Lagos Mainland and is one of the cheapest areas to reside for a medium income earner.

Checks showed that interested persons can secure a mini flat for as low as N200,000 while two bedroom flats are also available for between N250,000 and N300,000 depending on sizes and location in parts of Agege. Meanwhile, self-contain apartments are available for as low as N120,000 while in some areas such as Oko-Oba, Stadium, Moshalashi, Oke-Koto and the likes can be as high as N180,000.

  1. Iyana-Ipaja

Nestled between Alimosho, Agege and Abule Egba ends of Lagos Mainland, Iyana-Ipaja is one of the highly populated residential communities on the Lagos Mainland. One would think this would make apartments very expensive and very scarce. However, securing an accommodation in this part of the Lagos Mainland is cheap compared to other parts of the state.

InsideMainland gathered that two bedroom apartments can be secured for N250, 000 in areas such as Mosan, Moshalashi, Pako and Baruwa while mini flats can be secured for as low as N200,000.

Also, few three bedroom apartments are also readily available for around N280, 000 and N300,000 for interested residents.

  1. Ogba

Ogba in Ojodu community, Lagos Mainland is one of the best places to reside for low-income earners. This is because securing accommodation under a N300,000 budget in the community is easily accessible. Checks showed that a mini flat is available on a N250,000 budget around areas such as Oke-Ira, Modupe and Fadunsi ends of the axis while same accommodation can be secured at a lesser fraction around College road and Yaya Abatan ends of Ogba. In addition, a fairly sized two bedroom flat can be secured in Ogba for N300,000 while one room apartments can be secured on a N100,000 yearly rent.

  1. Bariga

Like Ogba, living in Bariga, Lagos Mainland is pocket-friendly and the community is located where residents can easily access the Island and other parts of the Mainland.

InsideMainland learnt that a self-contain apartment can be secured along Odunsi, Lady Lak and more for between N150,000 and N180,000. Also, mini flats are available between N200,000 and N250,000 while a two bedroom apartment can go for N280,000 and N300,000. 

  1. Mushin

Although the community might be congested and often seen as a place for the rugged beings, Mushin is one of the communities on the Lagos Mainland where residents pay less on accommodation.

Sources revealed that renting a room apartment can be as low as N60,000 while a mini flat in Mushin is low as N150,000.

Two and three bedroom flats are also available around Palm Avenue, Damegoro, and Olosa ends of Mushin for between N220,000 and N280,000.

 

  1. Yaba

Famous for being home to the popular University of Lagos (Unilag), the Federal College of Technology (Yabatech) and the Tech-business community (aka Yabacon valley), Yaba is a very cool suburbs on the Lagos Mainland where one can live and raise a family. On this part of the Mainland, mini flats can be secured for N250,000 while self-contain apartments can be secured in the region of N180,000 and N200,000.

  1. Gbagada

For the low and medium income earners who desire to live in a serene environment and pay relatively cheap for the apartment, Gbagada is your surest bet.

InsideMainland learnt that mini flats and two bedroom apartments can be secured on a yearly rent of between N250,000 and N300,000 depending on the area in Gbagada.

Meanwhile, self-contain and one room apartment varies in cost in the axis and can often be in the region of N180,000 and N200,000.

  1. Oshodi-Isolo

Although the community is seen as busy and often meant for the strong hearted, Oshodi is also suitable for low and medium income earners.

Checks indicate that apartments such as two bedroom and mini flats cost less than N300,000 in this part of the Lagos Mainland while a self-contain can be secured in parts of Isolo for as low as N200,000.

  1. Ogudu

For low-income earners who intend to live in a stylish community and on a fair budget, such people can rush to Ogudu where mini flats are rented out between N250,000 and N300,000.

Residents of the axis can easily link the Third Mainland bridge just as the area easily connects the popular Ikorodu road.

Checks also revealed that studio apartments can be secured on a yearly budget of N200,000 and often times a fraction higher around N220,000.

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Idris Aina
Idris is a media and communications professional with keen attention to details. An entertainment enthusiast, he is an ardent fan of the team from the Red Side of Manchester with love for football banters. He tweets with the handle @arlomah.
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