10 Best Places to Live in Lagos: Lekki, Victoria Island and More

Lekki, Victoria Island (VI), and Banana Island are some of the best places to live in Lagos, Nigeria.

Lagos, Nigeria’s bustling megacity, is often heralded as the country’s heartbeat. With a population estimated at about 28 million as of 2022, it is not only the most populous city in Nigeria but also one of the fastest-growing cities in the world. 

According to reports, Lagos is projected to become the world’s largest city by 2100, highlighting its significance on the global stage. The city’s rapid growth is driven by its vibrant economy, diverse culture, and a thriving entertainment industry, making it a desirable destination for locals and expatriates.

Despite the challenges associated with rapid urbanization, such as traffic congestion and infrastructure strain, Lagos offers various residential options that cater to various lifestyles and preferences. 

From serene suburban neighborhoods to bustling urban districts, there’s a place for everyone in Lagos. Listed in no ranking order, this article describes the 10 (Ten) best places to live in Lagos, offering insights into what makes each area unique and desirable. 

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Best Places to live in Lagos

1. Ikoyi

Ikoyi stands out as one of Lagos’s most prestigious and sought-after neighborhoods. Known for its serene environment and upscale lifestyle, It is home to many of Nigeria’s elite, including business moguls, top government officials, and expatriates. 

The area is characterized by its tree-lined streets, luxurious homes, and proximity to the Lagos Lagoon, which offers stunning waterfront views.

Living in Ikoyi means enjoying top-notch amenities such as high-end restaurants, exclusive clubs, and international schools. The Ikoyi Club 1938 and the Lagos Polo Club are famous for leisure and networking among residents. 

The area also boasts some of the best healthcare facilities in Lagos, including St. Nicholas Hospital and the Lagos University Teaching Hospital.

One of Ikoyi’s main attractions is its blend of tranquility and convenience. Despite its peaceful ambience, Ikoyi is just a short drive from the commercial hubs of Victoria Island and Lagos Island, making it ideal for professionals seeking a work-life balance. The presence of numerous embassies and consulates further adds to the area’s prestige and security.

2. Victoria Island

Victoria Island (VI) is another prime residential area in Lagos, renowned for its dynamic atmosphere and cosmopolitan vibe. VI is a commercial and financial powerhouse, housing the headquarters of many multinational corporations, banks, and oil companies. This makes it a preferred location for expatriates and high-income earners working in these sectors.

The lifestyle in Victoria Island is energetic and vibrant, with an abundance of entertainment options. There’s always something to do in VI, from trendy bars and nightclubs to fine dining restaurants and luxury shopping malls. 

In addition to its lively social scene, Victoria Island offers excellent educational institutions and healthcare services. Schools like the British International School and Lagoon School are highly regarded, while healthcare facilities such as the Reddington Hospital and the Eko Hospital ensure residents have access to quality medical care.

The real estate market in Victoria Island is diverse, ranging from upscale apartments to lavish mansions. This variety allows individuals to choose homes that fit their lifestyle and budget, making it one of the best places to live in Lagos.

3. Lekki 

Lekki has rapidly evolved into one of Lagos’s most desirable residential areas, especially for young professionals and families. This growth can be attributed to its modern infrastructure, planned layout, and relatively affordable housing compared to Ikoyi and Victoria Island. The area is known for its gated communities, providing security and exclusivity.

Lekki blends residential, commercial, and recreational spaces, making it a self-sustained community. It is famous for its beautiful beaches, such as Elegushi Beach and Lekki Leisure Lake, which offer residents a perfect escape from the hustle and bustle of city life. 

The Lekki Conservation Centre is another highlight, providing an ideal spot of greenery and wildlife.

The Lekki-Epe Expressway connects Lekki to other parts of Lagos, ensuring an easy commute. This accessibility, combined with shopping malls, international schools,  and top-tier medical facilities, makes Lekki an attractive place to live.

Housing options in Lekki are varied, from modern apartments to luxurious villas. The ongoing development projects promise further enhancements in infrastructure, making it one of the best places to live in Lagos in the coming years.

4. Banana Island

Banana Island Is an man-made island developed from the foreshore of Ikoyi in Lagos, Nigeria. It’s a haven for affluent Nigerians and one of the most expensive real estate and exclusive ambience.

Many people consider safety and security paramount when choosing a place to live, and Banana Island excels at both. The island is guarded by professional security personnel around the clock, ensuring a sense of safety for all residents.

The cost of housing and general living on Banana Island is relatively high. However, despite these high costs, the benefits of security, tranquility, and top-notch amenities make Banana Island a worthwhile consideration for those who can afford it.

5. Yaba

Every country has its version of California’s Silicon Valley, each with a slightly different name variation. Nigeria’s technology hub is in the Yaba district of Lagos, hence its nickname, Yabacon Valley.

Yaba has garnered attention for its technological and educational advancements. It is home to several tech hubs, incubators, and startups, making it a hotspot for young entrepreneurs and tech enthusiasts. 

The presence of institutions like the University of Lagos (UNILAG) and Yaba College of Technology adds to its academic allure.

Living in Yaba offers a unique blend of urban excitement and academic vibrancy. The area is dotted with cultural centres, art galleries, and theatres, providing ample opportunities for intellectual and artistic pursuits.

Yaba’s real estate market is more affordable than Ikoyi and Victoria Island’s, attracting young professionals, students, and families. The area offers a variety of housing options, from student accommodations to family homes.

Yaba’s strategic location, facilitated by major roads and public transportation systems, ensures easy access to the Lagos mainland and island. This connectivity and the area’s growing reputation as a tech and educational hub make Yaba an attractive residential choice.

6. Ikeja

Ikeja, the capital of Lagos State, is a bustling district combining administrative significance with commercial vibrancy. As the state’s government offices and headquarters location, Ikeja is a hub of political and economic activity. 

Ikeja is also known for its shopping centres, including the famous Ikeja City Mall (which houses numerous retail stores, restaurants, and entertainment options) and the Computer Village, one of the biggest hubs of ICT in West Africa. 

One of the main advantages of living in Ikeja is its excellent infrastructure and accessibility. The Murtala Muhammed International Airport is located here, making it a convenient location for frequent travelers. Major roads and highways connect Ikeja to other parts of Lagos, ensuring smooth commutes.

Ikeja offers many residential options, from upscale estates like GRA Ikeja (Government Reserved Area) to more affordable neighborhoods. Reputable schools and top medical facilities, like Lagoon Hospital and the Lagos State University Teaching Hospital, add to the area’s appeal.

Ikeja’s vibrant nightlife, characterized by its numerous bars, clubs, and live music venues, makes it one of the best places to live in Lagos for those who enjoy a lively social scene. The area also hosts cultural and sporting events, providing residents a well-rounded lifestyle.

7. Surulere 

Surulere is one of the best places to live in Lagos. An area synonymous with sports, entertainment, and a rich cultural heritage, Surulere is often referred to as the “Sports City of Lagos.” It is home to the National Stadium, a venue for numerous sporting events and concerts. 

Living in Surulere means being part of a vibrant community with a deep sense of history and tradition. The area is known for its friendly and close-knit neighbourhoods, where residents often engage in communal activities and festivals. The Lagos Carnival, held annually, is a significant highlight that showcases the area’s cultural diversity.

Surulere offers a mix of residential properties, from older colonial-style homes to modern apartments. Due to its affordability and accessibility, the area is particularly popular among middle-class families and young professionals. 

8. Festac Town

Festac Town, initially developed for the 1977 Festival of Arts and Culture (FESTAC), is a planned community that offers a fine mix of history and modern living. Located in Amuwo-Odofin Local Government Area, Festac Town is known for its well-structured layout, wide roads, and green spaces, providing a pleasant living environment.

One of Festac Town’s key features is its sense of community. The area is characterized by its residential estates, where neighbours often know each other and engage in communal activities. This close-knit atmosphere makes Festac Town an ideal location for families and individuals seeking a supportive community.

Festac Town offers a variety of housing options, from spacious bungalows to modern apartments. The area’s infrastructure, including schools, healthcare facilities, and shopping centres, caters to the needs of its residents. 

The presence of recreational facilities such as sports complexes and parks further enhances the quality of life in Festac Town.

The area’s historical significance and planned development provide a unique charm that appeals to many. 

Festac Town’s accessibility, through major roads and public transportation, ensures easy transportation to other parts of Lagos, contributing to its desirability.

9. Badagry

Badagry, located on the western coast of Lagos, is a town rich in history and cultural heritage. Known for its role in the transatlantic slave trade, Badagry has several historical landmarks and museums that attract tourists and history enthusiasts. 

Despite its historical significance, Badagry has also developed into a serene residential area, offering a peaceful lifestyle away from the city’s hustle and bustle.

Living in Badagry means enjoying a coastal lifestyle with beautiful beaches, lagoons, and a laid-back atmosphere. The area’s natural beauty and historical landmarks, such as the Badagry Heritage Museum and the First Storey Building in Nigeria, provide residents with a unique living experience.

Badagry’s real estate market offers affordable housing options, from traditional homes to modern developments. The peaceful environment and cultural richness make it one of the best places to live in Lagos for those seeking a quieter lifestyle. 

Infrastructure development, including roads and public transportation, has improved connectivity to other parts of Lagos, enhancing Badagry’s appeal.

10. Magodo

Magodo is a well-planned residential estate located on the Lagos mainland. Known for its security and family-friendly environment, It offers a tranquil and safe living experience. The estate is divided into Magodo GRA Phase 1 in Isheri and Phase 2 in Shangisha. 

One of the main attractions of Magodo is its gated community, which provides residents with a heightened sense of security. The estate is well-maintained, with clean streets, green spaces, and modern infrastructure. 

Magodo also offers a range of amenities, including schools, healthcare facilities, and shopping centres, ensuring residents have access to essential services.

Housing options in Magodo cater to different preferences and budgets, from spacious duplexes to luxury villas. The estate’s strategic location ensures easy access to major highways and roads, facilitating smooth commutes to other parts of Lagos. This convenience, combined with the estate’s secure and serene environment, makes Magodo one of the places of choice in Lagos.

Magodo’s community-centric approach, with regular neighbourhood events and activities, fosters a strong sense of belonging among residents. 

The estate’s emphasis on security, cleanliness, and quality of life makes it an ideal location for families and individuals seeking a peaceful and well-organized living environment.

Conclusion

Lagos is a city of contrasts, where modernity meets tradition, and luxury coexists with affordability. 

The neighborhoods highlighted in this article showcase what Lagos offers, each providing a unique living experience that caters to different lifestyles and preferences, from Ikoyi to the vibrant commercial atmosphere of Victoria Island, Lekki, to the technological and educational hub of Yaba, etc. There is a place in Lagos that will meet your needs.

Each area has its unique appeal, making it one of the best places to live in Lagos. As Lagos continues to grow and evolve, these neighborhoods will undoubtedly adapt and improve, offering residents even better living experiences in the future. 

Whether you are a local looking to relocate or an expatriate seeking a new home, Lagos’s diverse neighborhoods provide a wealth of options for a fulfilling and enjoyable lifestyle. Thanks for reading!