Yaba isn’t just a tech and academic nerve center, it’s also one of the few places where budget travelers can find decent lodging without sacrificing safety or convenience. The neighborhood thrums with the energy of university students, startup founders, and market traders, all coexisting in a maze of streets where cheap hotels hide behind bustling storefronts and down quiet alleys.
10 Cheap Hotels in Yaba Lagos
1. Nspri Guest House
2. Suite Las Caracas
3. Precinct Comfort Services
4. Wonder King Hotel
5. Caritas Inn
6. Deke Hotel & Suites
7. Banilux Guest House
8. Temple Cottage Hotel
9. Go2Hotel45
10. Mulligan Hotel
Cheap Hotels in Yaba Lagos
These ten budget-friendly stays prove that affordability doesn’t mean compromise in Yaba, offering clean beds, reliable WiFi, and a front-row seat to local life.
1. Nspri Guest House
Tucked near the University of Lagos, this no-frills guesthouse is a favorite among visiting academics and thrifty backpackers. The rooms are basic but spotless, with stiff white sheets changed daily and windows that let in the distant chatter of UNILAG students. A 24-hour restaurant downstairs serves jollof rice so good that even non-guests stop by. The real perk? Free parking, which is a rarity in Yaba, makes it ideal for roadtrippers. It is also ideal for budget-conscious parents, visiting students, and overnight bus travelers.
Location: 32/38 Barikisu Iyede St, Yaba, Lagos 101245, Lagos
Price range: ₦112,427 – ₦208,794
2. Suite Las Caracas
This peach-colored building blends into Yaba’s residential streets, offering a surprising oasis with an outdoor pool (a unicorn at this price). Rooms feature mini-fridges, perfect for storing market-bought fruits, and the on-site bar pours cheap, frosty Star beers. Night owls appreciate the 24-hour security, a must in a neighborhood where street food vendors operate past midnight. Suit la Caracas is ideal for startup founders attending tech meetups, couples on staycations.
Location: 14/16 Aderibigbe Street, Off Ajayi Street, By Custom B/stop, Onike, Yaba, Lagos
Price range: ₦182,453- ₦228,067
3. Precinct Comfort Services
Two words: rainfall showers. This guesthouse punches above its weight with spa-like bathrooms in compact rooms. The shared kitchenette sees guests bonding over Indomie noodles at 2 AM, while the balcony offers prime views of Yaba’s street life.
Location: 20 Harvey Rd, Lagos Mainland, Lagos 101245, Lagos
Price range: ₦22,000 – ₦26,000 per night
4. Wonder King Hotel
The neon sign out front flickers like a vintage motel, but Wonder King delivers solid value inside. Rooms have small desks (ideal for remote work) and blackout curtains to mute the dawn prayers from nearby mosques. The attached “mama put” canteen dishes out steaming egusi soup for about ₦500 (subject to review), half the price of hotel restaurants. Ideal for freelancers, budget business travelers.
Location: 13, Lawani street Akoka, Yaba, Lagos 101245, Lagos
Price range: ₦20,000 – ₦25,000 per night
5. Caritas Inn
A Yaba institution since the 90s, Caritas has housed generations of UNILAG visitors. The tiled hallways echo with the squeaks of luggage wheels, and the lobby’s ancient ceiling fan spins lazily above cracked-leather couches. Don’t miss the rooftop hangout spot, where guests sip ₦200 Bournvita while watching sunset over Tejuosho Market’s zinc roofs. This could be perfect for alumni revisiting campus and NGO workers.
Location: 336 Herbert Macaulay Way, Onike, Lagos 100001, Lagos
Price range: ₦38,000 – ₦50,000 per night
6. Deke Hotel & Suites
Deke’s claim to fame? Barbecue nights. Every Friday, the courtyard fills with smoke from grilled fish, drawing locals and guests alike. Rooms are simple but have rare amenities like electric kettles and actual wardrobes (not just wall hooks). The nearby Jibowu Park offers cheap transport to other Lagos and inter-state zones. Ideal for road-trippers breaking up long journeys and festival-goers.
Location: Plot 79 Karimu Kotun Street Oyadiran Estate, Sabo, Yaba, Lagos.
Price range: ₦6,500 – ₦10,000
7. Banilux Guest House
Plasma TVs and separate sitting areas make Banilux feel posh for its price. The real draw? Proximity to Alaba Rago Market, where guests haggle for leather sandals between meetings. Housekeeping used to leave mint candies on pillows, a sweet touch in a no-nonsense neighborhood. Ideal for mid-range business travelers, small wedding guests.
Location: 2 Chapel St, Sabo yaba, Lagos 100001, Lagos
Price range: ₦27,000 – ₦36,000
8. UNILAG Guest House
Tucked within the university’s leafy campus, this guesthouse offers something rare in Lagos: tranquility. The no-nonsense concrete building belies its perks, spotless rooms with sturdy desks (perfect for thesis-writing marathons) and windows that frame views of coconut palms swaying over the lagoon. The real magic happens at dawn when the campus wakes: the distant chatter of early-morning joggers circling the sports complex blends with the cry of fish eagles over the water.
A continental breakfast buffet in the canteen fuels guests for ₦1,500, watch for the famous “Lecturer’s Special” (extra-strong tea with three sugar cubes). Night brings another UNILAG ritual: the glow of reading lamps in faculty offices visible across the quad, keeping the same hours as stressed students cramming in the 24-hour library.
Who stays here: Visiting professors checking on research projects, parents dropping off freshman students, alumni reliving their campus days.
Location: Akoka Rd, Abule ijesha, Lagos 101245, Lagos
Price range: ₦35,000 – ₦87,000
9. Go2Hotel45
The rooftop pool here is nothing short of amazing, offering skyline views of mainland Lagos. Spanish-speaking staff (hence the “Muy Perfecto” reviews) add unexpected charm, while rooms feature quirky local art. A 10-minute walk to UNILAG’s swimming pool for double dips. People who stay here are most likely foreign backpackers, fitness enthusiasts.
Location: 15 Tokunbo St, Yaba, Lagos 100001, Lagos
Price range: NGN 32,122 – NGN 40,153
10. Mulligan Hotel
Mulligan’s lush garden hosts impromptu Yoruba drumming sessions on weekends. Though pipes groan and some frames need updating (per guest reviews), the staff’s warmth compensates. The “Lagos Lullaby” package includes earplugs—a nod to the vibrant nightlife outside.
Who stays here: Musicians, culture tourists.
Location: 17a Commercial Ave, Yaba, Lagos 101245, Lagos
Price range: NGN 112,427 – NGN 168,641
Why Yaba’s Cheap Hotels Stand Out
- Location, Location, Location: Most are walking distance to UNILAG, TechCabal, and major motor parks.
- Local Eats: Hotel restaurants often charge triple what street vendors do for the same dishes.
- Generational Knowledge: Staff at spots like Caritas Inn can recommend everything from tailors to trustworthy taxi drivers.
Booking Tips for Budget Travelers
- Ask for “student rates”– many hotels near UNILAG offer unofficial discounts.
- Avoid generator hours (usually 7–10 PM) if noise-sensitive.
- Cash is king– some older properties don’t accept cards.
Yaba’s affordable hotels aren’t just about saving naira, they’re gateways to the neighborhood’s rhythm. From the clatter of okadas outside Wonder King to the scent of frying plantains wafting into Caritas windows, these stays immerse guests in real Lagos living. For the price of a Victoria Island cocktail, you get a bed, a story, and maybe even a rooftop view of this endlessly fascinating city.
