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MainlandBudgetLGA: Ikorodu👥 1,100,000

Rent for Ikorodu

2-bed rent for one year
₦600.0K–1.5M
/yr
Rental yield
7–9%
YoY change
▲ 8.0%

Rent by property type

Property typeRent range
2-bed₦600.0K–1.5M

Area profile

Power bandE
Service charge / yr—
Location6.6200, 3.5000
InternetFair
TrafficSevere
Flood riskLow
Noise levelModerate

Estimated monthly costs

Rent (per month)
₦87,500
Light (NEPA + supplement)
₦153,325
Total per month
₦240,825
Lagos.Cool Editorial
4 June 2026 · 2 min read

About Ikorodu

Ikorodu na Lagos northeastern frontier — affordable (₦600K–₦1.5M) with excellent borehole water from shallow fresh aquifer. BRT from Ikorodu to CMS na lifeline go Island, but for 45-90 minutes na serious daily commitment.

✓ Pros

  • ✓Cheapest rent with BRT access to Island
  • ✓Excellent borehole water
  • ✓Spacious living
  • ✓New estates developing

✗ Cons

  • ✗Far from everywhere — 45-90min BRT to CMS
  • ✗Band E power — worst in Lagos
  • ✗Poor road infrastructure
  • ✗Limited entertainment and dining

Good for

Budget familiesPeople working in Ikorodu industrial zone

Nearby neighborhood

Ogba
Mainland · Budget
₦800.0K–1.5M
+10% YoY

Schools near here

We never index school for this area.

Transport & Commute — Ikorodu

See full transport guide →

Water in Ikorodu

GoodFreshBorehole: viable

Excellent borehole area. Shallow fresh water.

See Ikorodu water details →
⚽ Sports

Viewing centers in Ikorodu

Where to watch the Premier League and Champions League nearby.

See viewing centers →
🏋 Facilities

Gyms & pitches in Ikorodu

Sports facilities — pricing per hour / month.

See facilities →

Areas wey resemble

Ogba
Mainland · Budget
₦800.0K–1.5M
+10% YoY
Alimosho
Mainland · Budget
₦400.0K–1.2M
+10% YoY
Egbe
Mainland · Budget
₦500.0K–780.0K
+9.0% YoY

FAQ

2-bedroom for Ikorodu dey cost ₦600,000 to ₦1,500,000 for one year, depending on the building and how close to main road. Dem dey pay rent for full year one time.