Lagos.CoolToday
MainlandMidLGA: Yaba👥 500,000

Rent for Yaba

Dem dey call am "Silicon Valley of Lagos"
2-bed rent for one year
₦2.4M–3.8M
/yr
Rental yield
6–9%
YoY change
▲ 18%

Rent by property type

Property typeRent rangeService charge
Self-contain₦500.0K–900.0K
Mini-flat₦700.0K–1.2M
1-bedroom₦1.2M–2.0M₦100.0K–200.0K
2-bedroom₦2.4M–3.8M₦150.0K–400.0K
3-bedroom₦3.5M–5.5M₦200.0K–500.0K

Area profile

Power bandC
Service charge / yr
Location6.5100, 3.3800
InternetGood
TrafficHeavy
Flood riskModerate
Noise levelNoisy

Estimated monthly costs

Rent (per month)
₦258,333
Light (NEPA + supplement)
₦153,325
Total per month
₦411,658
Lagos.Cool Editorial
28 July 2026 · 2 min read

About Yaba

Yaba na di most interesting neighborhood for Lagos now. E no be di most luxury — na Banana Island. E no be di most fun — na Lekki. But na di most interesting because na where Lagos economic future dey build. Tech corridor for Herbert Macaulay Road don attract plenty startup talent, VC office, and co-working space. Dis talent cluster don push rent from ₦1.5M go ₦3.8M within five years — 150%+ increase wey make Yaba na Lagos fastest-appreciating mainland neighborhood. For 6–9% yield, na di best investment play for di city too. Red Line rail connect Yaba to Ikeja and airport. For professional wey work for Island and no wan pay ₦10M+ Lekki rent, Yaba na di answer.

Pros

  • Highest rental yields in Lagos (6–9%)
  • Tech hub ecosystem — startups, co-working, VC offices
  • Dual transit: BRT + Red Line rail
  • Third Mainland Bridge access — 20-35min to VI off-peak
  • Cheapest Island-accessible mainland option
  • LUTH and UNILAG add institutional anchor
  • Fastest-appreciating rents in Lagos

Cons

  • Noisy and congested — this is dense mainland Lagos
  • Aging infrastructure and buildings
  • Limited greenery and public spaces
  • Flooding on some roads during rainy season
  • Security less organized than gated Island estates
  • Water quality moderate — basic filtration needed

🌆 Lifestyle

Yaba na Lagos intellectual and tech heartland. For day, Herbert Macaulay Road full with startup worker wey dey grab lunch for bukka. For night, di area get low-key but growing social scene. University campus give di area young energy. Na practical living: near Third Mainland Bridge, BRT dey serve am, and e cheaper than anywhere for Island. Trade-off na noise, traffic, and old infrastructure.

Lifestyle & Amenities

🛒 Shopping

  • Tejuosho Market
  • Shoprite Yaba
  • Local retail shops on Commercial Avenue

🏥 Hospital

  • LUTH (Lagos University Teaching Hospital)
  • Reddington Hospital Yaba
  • First Consultant Hospital

🍽️ Restaurant

  • Bukka Hut
  • The Place
  • Amala spots on Herbert Macaulay
  • Small Chops vendors

🌙 Nightlife

  • Yaba Sports Hub
  • Local bars on Commercial Avenue
  • Sabo nightlife strip

🌳 Park

  • UNILAG Campus grounds (open to public)

🛣️ Key streets

  • Herbert Macaulay Road
  • Commercial Avenue
  • Murtala Muhammed Way
  • Sabo Road
  • Jibowu Street
  • Ojuelegba Road

📍 Landmark

  • University of Lagos (UNILAG)
  • Yaba College of Technology (YABATECH)
  • Federal Science and Technical College
  • Yaba Bus Terminal
  • LUTH (Lagos University Teaching Hospital)

🏘️ Notable estates

  • Yaba Estate
  • Sabo area
  • Jibowu area

Good for

Tech workersYoung professionalsStudentsStartup foundersBudget-conscious professionals

📜 History

Yaba na one of Lagos oldest planned neighborhood. Dem build am for 1920s for colonial civil servant. UNILAG and YABATECH dey there. For 2010s, Yaba turn to Lagos tech hub when startup like Andela, Paystack, and Flutterwave open office for Herbert Macaulay Road.

Nearby neighborhood

Schools near here

Greensprings School
IB · day-boarding
₦2.5M–5.5M

Transport & CommuteYaba

Water in Yaba

So-soFreshBorehole: viable

Moderate depth. Basic filtration recommended.

Wetin Yaba dey like

Yaba na Lagos unofficial tech capital — CcHUB dey there (the first tech incubator for West Africa), surrounded by Andela former office, Paystack engineering hub, plenty startup, co-working space, and University of Lagos. The neighbourhood dey for mainland, just north of Third Mainland Bridge. You fit waka, e dey chaotic, and UNILAG student, young professional, software developer, and creative people full everywhere. Yaba na where software developer wey dey earn ₦500K/month fit afford better apartment and still dey close to Island through 30-minute BRT ride. The wahala: traffic for Herbert Macaulay Way fit turn 5km commute become 90-minute journey for rush hour.

Wetin your money go give you for Yaba

For ₦1.2M/year (the cheapest), you go get 2-bedroom apartment for older block, often you go share with student/young-professional roommate. Between ₦2M and ₦3.5M every year, you go enter 2-3 bedroom serviced apartment with parking and generator. The ₦5M+ bracket go buy premium Yaba modern apartment (usually near Sabo or Herbert Macaulay end), with concierge and pool.

How to commute

Car
Herbert Macaulay Way connects Yaba to Third Mainland Bridge (south, 5km to Lagos Island) and Onipanu (north). Bottleneck: the Yaba-Iddo junction. Traffic chronic 7-10am and 4-8pm.
BRT
Yaba BRT terminal on the Ikorodu corridor. Reliable service to CMS (30-45 min) — the fastest Mainland-to-Island option for most Yaba residents.
LAGFERRY
Yaba area accessible via the LAGFERRY system from Apapa and Five Cowries.
Bolt/Uber
Saturated. Many tech workers use rideshare more than personal cars.

Utility for di area

power
NEPA Band B-C — 12-18 hours daily. Generator backup essential
water
Mix of LSWC pipe and private boreholes; the older Yaba streets get more reliable LSWC supply
internet
Excellent fibre — Spectranet, MTN Fibre, Smile, ipNX. Yaba's tech worker population has driven competitive coverage and pricing

Safety for di area

Mixed. Inner Yaba estate street and university-area apartment safe day and night. Sabo end and the densely commercial corridor around Yaba Market get higher street crime exposure (phone theft, pickpocketing). Late-night caution dey advised throughout. The biggest practical risk na traffic accident, no be violent crime.

Areas wey resemble

FAQ

Yes — CcHUB dey there, Paystack get im engineering hub there, Andela get im original Lagos office for Herbert Macaulay, and plenty smaller startup dey operate for co-working space around UNILAG. Network effect dey real. Plenty engineer dey cite "I want to dey near CcHUB" as the main reason for picking Yaba.