When it comes to listing the best places to live in Lagos, Nigeria, it’ll be partial if we just go about the listing without categorizing it into the main land and island parts of Lagos. You’ll be surprised that there are places on the mainland that are more beautiful and offer more to residents than some communities on the island part of Lagos.
In this article, we’ll go over the 10 best places to live in Lagos, Nigeria, both on the island and mainland. We’ll be considering neatness, urbanization, cost of living, standard of living, easy access to amenities, the cost of renting an apartment, and the road network.
The 10 best places to live in Lagos
The 5 best places to live on the island are Victoria Island, Banana Island, Ikoyi, Lekki Phase 1, and Ikate. On the mainland, there are Gbagada, Magodo, Ogudu, Omole Phase I, and Ogba.
Though some people will argue that places like Ikota, Osapa London, Ajah, Yaba, Surulere, and Festac should be included. But considering the metrics we’re going by, those places listed above come first, which is the major reason the ones listed later can’t make the list.
5 best places to live on the island of Lagos
The best 5 places to live on the island of Lagos are Victoria Island, Banana Island, Ikoyi, Lekki Phase I, and Ikate. One of the things that makes these places stand out is their neatness, urbanization and easy accessibility.
Victoria Island
Victoria Island is the main business and commercial hub of Lagos, Nigeria. The location is made up of posh hotels and lounges, fine dining and restaurants, stylish nightclubs and bars, expensive cafes, and tall buildings.
The Eko Tower II is located on Victoria Island, and it is the tallest building on the island at a height of 118 meters with 25 floors.
One of the main characteristics of Victoria Island is the expensive lifestyle and luxury cars that can be found in the region. Victoria Island is home to the rich and elite of Nigeria.
The average cost of renting an apartment on Victoria Island is 7 million naira. So if you have the money and want to live in a place that is luxurious, expensive, neat and also has easy access to commercial buildings and businesses, then Victoria Island is your best bet.
Popular landmarks in Victoria Island include the Eko Hotel and Suites, Lekki Conservation Center, Tarkwa Bay Beach, Nkoyi Gardens, The Palm Shopping Mall, Lagos Bar Beach, Art Twenty One, Lagos Oriental Hotel, Landmark Center, and Radisson Blu Anchorage Hotel.
Banana Island
Banana Island is an artificial island towards the off shore of Ikoyi. The place is called Banana Island because of its curved shape when viewed from the sky through a drone.
Banana Island is the pinnacle of luxury and a high standard of living in Lagos, Nigeria. It is characterized by good scenery, opulent estates, breath-taking views, beautiful mansions, a calm but opulent lifestyle, and a location that gives a sense of tranquility.
Popular people living on Banana Island include Mike Adenuga, Peter and Paul Okoye, Davido, Sayyu Dantata, Aliko Dangote, Linda Ikeji, and Iyabo Obasanjo, and the list continues.
The average cost of renting an apartment on Banana Island is 16 million naira, which is like double that of Victoria Island.
If you’re the type of person who likes calmness and good views without planning to live close to any commercial or business hub, then Banana Island is your best bet.
Ikoyi
Ikoyi is considered the richest part of Lagos State, Nigeria. Ikoyi is the location where some of the most popular celebrities in Nigeria live. The average cost of renting an apartment in Ikoyi is 13 million naira.
You may be wondering why the cost of renting an apartment in the said richest part of Lagos is cheaper than that of Banana Island. Well, your curiosity is valid, but one thing you should know is that Banana Island is located in Ikoyi. We can also agree that Banana Island is the richest and most expensive part of Ikoyi.
Lekki Phase I
Lekki Phase I is one of the most affordable areas on the island for working-class individuals. We can say Lekki Phase I is in quote the Victoria Island for working-class individuals who can’t afford the lifestyle of Victoria Island.
Just like VI, Lekki Phase I is characterized by opulent restaurants, nightclubs, bars, night street food, never-ending music, and, of course, relaxation centers like the popular Elegushi Beach.
The average cost of renting an apartment in Lekki Phase I is 4.5 million naira, which is relatively cheap compared to the other affluent parts of Lagos that I’ve listed above.
One of the main factors that pushes the cost of renting an apartment in Lekki Phase I up is the demand. Lekki Phase 1 is the most sought-after residential area for moderately rich individuals and young adults who are into the tech space.
Ikate
Ikate is home to upper-class Nigerians who want to live a moderate life but yet still have access to the luxurious lifestyle of Lagos, Nigeria.
The average cost of renting an apartment in Ikate is 4 million naira, which is just 500 thousand naira less than that of Lekki Phase 1.
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5 best places to live on the island of Lagos
The mainland of Lagos boasts several appealing residential areas, with Gbagada, Magodo, Ogudu, Ogba, and Omole Phase 1 emerging as some of the top places to live.
Gbagada offers a mix of residential and commercial spaces; Magodo is renowned for its well-planned layouts and serene environment; Ogudu provides a convenient blend of tranquility and proximity to commercial hubs; Ogba is celebrated for its vibrant community life and diverse amenities; and Omole Phase 1 stands out with its upscale housing options and well-maintained infrastructure.
These mainland neighborhoods collectively offer a range of living experiences, making them attractive choices for residents seeking comfort, security, and convenience in the dynamic city of Lagos.
