LLagos.CoolToday
MainlandBudgetLGA: Oshodi-Isolo👥 250,000

Rent in Egbe

2-bed annual rent
₦500.0K–780.0K
/yr
Rental yield
7.5–9.5%
YoY change
▲ 9.0%

Rent by property type

Property typeRent range
2-bed₦500.0K–780.0K

Area profile

Power bandE
Service charge / yr
Location6.5400, 3.3000
InternetFair
TrafficHeavy
Flood riskModerate
Noise levelModerate

Estimated monthly costs

Rent (monthly equiv.)
₦53,333
Power (NEPA + supplement)
₦153,325
Total monthly
₦206,658
Lagos.Cool Editorial
4 June 2026 · 2 min read

About Egbe

Egbe offers some of the cheapest rents in Lagos at ₦500K–₦780K. It's a quiet residential area that flies under the radar. Good for families who need absolute affordability and don't mind the commute.

Pros

  • Extremely affordable
  • Quiet residential character
  • Fresh borehole water

Cons

  • Band E power
  • Very limited amenities
  • Far from commercial centers

Ideal for

Budget familiesWorkers in Oshodi-Isolo axis

Nearby neighborhoods

Nearby schools

No schools indexed for this area yet.

Water in Egbe

GoodFreshBorehole: viable

Good borehole access.

⚽ Sports

Viewing centers in Egbe

Where to watch the Premier League and Champions League nearby.

See viewing centers →
🏋 Facilities

Gyms & pitches in Egbe

Sports facilities — pricing per hour / month.

See facilities →

Similar neighborhoods

FAQ

A 2-bedroom apartment in Egbe costs between ₦500,000 and ₦780,000 per year, depending on the building and proximity to main roads. Rent is paid annually upfront.