You’re probably tired of hearing about the top luxury hotels in Lagos, the ones with rooftop pools and edible gold-infused breakfasts that cost more than your monthly rent. I mean, we love to see, read about them, and daydream (some people call it delulu!), but what if you just need a clean and safe place to sleep on the island without breaking the bank? Maybe you’re a business traveler with a tight budget, or a backpacker exploring Nigeria with less coin? You could even be a Lagosian needing an overnight stay between different appointments, or a visitor who’d rather spend money on experiences than fancy hotels.
If this sounds like you, keep reading. I bring you a list of genuinely affordable hotels that won’t leave you sleeping with one eye open.
5 Affordable Hotels In Lagos Island
- Marina Lagos Island
- Famoss Guest House
- Moonshine Hotel
- De-Next Hotel Limited
- New World Inn
Here are 5 affordable hotels in Lagos Island. These aren’t just cheap, they also offer proper value-for-money options where you can actually get a good night’s rest.
5 Affordable Hotels In Lagos Island
1. Beni Hotel, Marina
Picture this- you’ve just arrived in Lagos after a long bus ride and have a meeting for 8 AM tomorrow at a bank on Broad Street, Lagos Island. You need somewhere central to everywhere else, clean enough to shower, and cheap enough that your boss won’t question the expense report dropped on his table.
Enter Marina Lagos Island, the “agbalagba” of budget stays. The rooms are basic, with a firm bed, functional AC, and a TV that has 5 channels, but they’re consistently clean. The location puts you within walking distance of destinations like Tinubu Square (3 mins), Lagos Central Mosque (8 mins), and numerous local eateries where ₦1000 can get you a plate of steaming amala! If you’re a light sleeper, just make sure to ask for a room facing away from the street. The area gets lively at night.
Location: 59 Lawson Street, Off Melony Road
Rate: ₦8,000 – ₦14,000+ per night
2. Famoss Guest House
Let’s be real with ourselves, when a hotel room costs less than the price of a dinner at Chicken Republic, you might need to adjust your expectations. Famoss Guest House is the real definition of “you get what you pay for.” The rooms are tiny (we might be talking “can touch both walls while standing” tiny), but they serve their purpose for emergency overnight stays when you miss the last bus home, quick naps between back-to-back meetings, or storage for luggage while you explore the island. However, you can expect to get a functional AC, which is a lifesaver in Lagos’ heat and stiff beds, but clean beds, which are the necessities. The majority will advise that you bring your own toiletries because the soap is… questionable.
Location: 59 Lawson Street, Lagos Island
Rate: ₦4,000+ per night
3. Moonshine Hotel
Moonshine is one of the hotels that could win an award for “Most Likely to Have an Interesting Story at the Bar.” This place has character and life, the kind where if the walls could talk, they’d probably share tales of business deals sealed over bottles of beer, stranded travelers becoming fast friends, or the pepper soup that’s rumoured to be spicier than kilishi. The rooms at the Moonshine Hotel are basic, but the atmosphere is lively. It’s perfect if you’re interested in meeting other budget travelers or need a cold beer after a long day and don’t mind noise (this is definitely not a quiet retreat). They do have some really nice suya on Wednesdays, so you could try them out.
Location: 84 Moshalashi Street, Obalende
Rate: ₦5,000+ per night
4. De-Next Hotel Limited
De-Next Hotel is that unassuming hotel you probably walk past twice before realizing it’s your destination. But don’t let the modest exterior fool you, this place actually offers shocking value with its surprisingly spacious rooms, powerful AC units (rare for this price), and bar serving cheap, but cold drinks. Reviews say “It’s not fancy, but the WiFi never dies and the staff don’t bother you,” which is definitely high praise in budget hotel terms.
Location: 41 Kosofe Street, Oke-Arin
Rate: ₦5,000+ per night
5. New World Inn
New World Inn won’t win any awards in particular, but it’s a solid budget option in a city where cheap hotels are either terrifying or overpriced. It’s the kind of place where you check in tired, leave rested, and only spend ₦8,000. In Lagos, that’s a win. Let’s be real, you’re not paying that amount for a five-star experience. But for the price, you get a bed that’s actually decent (no springs poking your back), a working AC, a TV with few channels and a bathroom with running water (hot water? That’s a gamble). The walls are thin, though, so you will hear your Neighbor’s conversation.
Location: 123 Igbosere Road, Lagos Island
Rate: ₦8,000+ per night
These affordable hotels prove that you don’t need a trust fund to sleep safely on Lagos Island. Each spot offers something money can’t buy, it offers real Lagos character. Sure, you might trade silk sheets for “slightly questionable” pillows, but you’ll also be able to gain stories worth telling. Remember, the best budget stays are not about luxury, they’re about places where the WiFi connects, the lock actually works, and the receptionist knows your name by day two.
Before booking any affordable hotel in Lagos Island, remember to always inspect the room first because some places might just look better online. Also, bring earplugs! The noise of the city is inevitable. If you’re staying for longer, you can haggle for rates. Weekly rates can drop prices by 20%.
Lagos doesn’t have to be expensive. These hotels prove you can stay central without having to sell a kidney and enjoy your stay on a budget.
Now go forth and conquer Lagos, your wallet will thank you.
Which of these would you try? Or what’s your go-to affordable hotel that I missed? Drop a comment below!
