Lagos.CoolToday
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
28 July 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

Schools near here

We never index school for this area.

Transport & CommuteIkorodu

Water in Ikorodu

GoodFreshBorehole: viable

Excellent borehole area. Shallow fresh water.

Wetin Ikorodu dey like

Ikorodu na the eastern Lagos suburb for the end of Ikorodu BRT corridor — historically separate town wey dem pull into Lagos commuter belt as BRT make the journey to Lagos Island feasible (90 minutes through dedicated bus lane). The character na solidly Nigerian working-class with growing professional commuter cohort: people wey dey work on Island but no fit afford Yaba or Surulere rent, plus established multi-generational Ikorodu population. The area get im own commercial centre, hospital, and school — and increasingly im own startup energy as remote-working professional dey settle there.

Wetin your money go give you for Ikorodu

For ₦400K/year (the cheapest), you go get 2-bedroom basic apartment. Between ₦700K and ₦1.2M every year, you go enter 3-bedroom new apartment with parking and generator. The ₦1.5M+ bracket go buy 3-4 bedroom semi-detached house for better estate street.

How to commute

BRT
Ikorodu is the eastern terminus of the Ikorodu BRT corridor. The dedicated bus lanes make CMS reachable in 90 minutes — much faster than driving (2-3+ hours by car during rush hour).
Car
Lagos-Ikorodu Road is the main spine; chronically congested during rush hour. Lekki-Epe coastal route still under development.
Ferry
LAGFERRY operates Ikorodu-CMS services; reliable but limited frequency.

Utility for di area

power
NEPA Band B-C — 12-16 hours daily. Generator essential
water
Mostly private boreholes
internet
Improving fibre coverage in newer estates — Spectranet, MTN Fibre. Speeds 20-80Mbps in estate-served areas

Safety for di area

Generally good for established residential estate. Commercial centre (Ikorodu town, Owode-Onirin) get higher street crime exposure. Ikorodu-Lagos Road get periodic armed robbery incident for night. Most residential area safer than the corridor wey dey connect Ikorodu to central Lagos.

Areas wey resemble

FAQ

90 minutes typical, sometimes fast like 75 minutes. The Ikorodu BRT corridor get dedicated bus lane for most of im length, wey allow am bypass the chronic Ikorodu Road traffic. By contrast, driving the same route during rush hour fit take 2.5-3.5 hours.