House Rent Cost in Port Harcourt
Port Harcourt, the capital of Rivers state is one of the mega cities in Nigeria behind Lagos and Abuja.
Port Harcourt is not just a Nigerian beautiful city, it is also one of Nigerian’s most populous cities.
Cost of renting house and apartments in Port Harcourt Rivers state is not all cheap.
A step further, Port Harcourt is also top commercial city in Nigeria and is oil producing city too.
All these contributes to high immigration being witnessed in the Rivers state capital.
The city boost of basic social amenities like good roads, electricity, pipe borne water etc.
However, life in Port Harcourt is not cheap as some might think.
It is one of the most expensive cities to live in Nigeria.
In this post, we will be looking at cost of accommodation and house rents in Port Harcourt.
For those planning to move in and settle at Port Harcourt popularly known as garden city, the quest of finding or getting information about Port Harcourt house rents is always very important and vital.
This is why we decided to do a survey of average cost of renting apartments like 3 bedrooms flat, 2 bedroom flat and self contain room in Port Harcourt.
How Much is Cost of House Rent in Port Harcourt
As always witnessed across all cities, there are certain factors that determines cost and price of house rents in Port Harcourt.
Some of these factors are Type of Apartment, Location as well as facilities available in the apartment.
For purpose of this work, we will only focus on average cost of apartments like 3 bedroom flat, 2 bedroom flat, one bedroom flat, self contain apartments & single room in Port Harcourt.
This article will not discuss the cost of renting duplexes or bungalow in Port Harcourt.
Average Cost of House Rent in Port Harcourt
Below is the the average cost of house rents in Port Harcourt Rivers state.
There may be slight disparity but you can trust the result of this survey on average Port Harcourt house rent costs.
Cost of Renting 3 Bedroom Apartment / Flat in Port Harcourt
Three (3) Bedrooms apartments are mostly found in GRA Port Harcourt and top estates.
The cost of renting 3 bedroom flat in Port Harcourt ranges between N750,000 to N1 million per year.
In new layouts or developing areas, 3 bedrooms are way cheaper than in the estates and GRA.
Cost of Renting 2 Bedroom Flat in Port Harcourt
Cost of renting 2 bedroom apartment or flat in Port Harcourt goes between N500,000 to N700,000 per annum.
This type of apartment is most common and easily found in Port Harcourt.
Cost of Renting One Bedroom Apartment in Port Harcourt
One Bedroom apartment is always very much available in Port Harcourt.
The cost of renting one room and parlor in Port Harcourt is between N300,000 to N450,000 per year.
Cost of Renting Self Contain Room in Port Harcourt
Self Contain room is favorite for singles in Port Harcourt.
It is one of the most Sought after type of apartment in Port Harcourt.
The cost of renting self contain apartments in Port Harcourt ranges between N150,000 to N250,000 annually.
Cost of Renting Single Room in Port Harcourt
The average cost of renting a single room apartment in Port Harcourt is around N70,000 per year.
Single rooms are predominant in Diobu, mile 3 Port Harcourt.
The general cost of renting house and apartments in Port Harcourt can be termed expensive and not so cheap.