Articles

Why Rent in Port Harcourt?

Port Harcourt is a prime destination for professionals, families, and businesses, thanks to its thriving economy, oil and gas industry, and growing real estate sector. Renting in Port Harcourt offers:

• Flexible Living Options: Choose from furnished apartments, serviced residences, and standalone houses.

• Strategic Location: Easy access to business districts, entertainment hubs, and essential amenities.

• Affordability: Renting is often a more cost-effective option than buying a property.

Best Areas to Rent in Port Harcourt

1. GRA (Government Reserved Area)

A high-end neighborhood offering luxury apartments and houses with premium security and amenities.

2. Ada George & Choba

Ideal for middle-income earners, these areas provide affordable rental homes with good road networks and proximity to commercial centers.

3. Peter Odili Road

A rapidly developing area with modern housing, good infrastructure, and easy access to major business hubs.

4. Woji & Rumuodara

Perfect for families and young professionals looking for a balance between affordability and comfort.

5. Elelenwo & Trans Amadi

Popular for business executives and expatriates due to their well-planned estates and proximity to corporate offices.

Current Average Rental Prices in Port Harcourt (2025)

• 1-bedroom apartment: ₦400,000 – ₦1,000,000 per year

• 2-bedroom apartment: ₦600,000 – ₦2,500,000 per year

• 3-bedroom apartment: ₦1,000,000 – ₦5,000,000 per year

• 4-Luxury homes & serviced apartments: ₦5,000,000 – ₦15,000,000 per year

For updated rental listings, check platforms like Nigeria Property Centre and PropertyPro.

Tips for Renting in Port Harcourt

✔ Set a Budget: Determine your rental budget, including service charges and maintenance fees.

✔ Inspect Before You Rent: Always visit the property to ensure it meets your expectations.

✔ Verify Ownership & Agreements: Work with trusted agents or legal professionals to review rental agreements.

✔ Consider Security & Amenities: Look for properties in secure neighborhoods with essential facilities like water, electricity, and parking.

✔ Negotiate Rent: Many landlords are open to negotiations, especially for long-term leases.