Private Property Rent Index · October 2026
Median asking rent for property listings in Nigeria, from the listings first published on Private Property in the three months to each month.
Median rent · October 2026
Typical: ₦4M–₦23.4M
Half of listings asked between these two figures.
Median Typical range (lower to upper quartile). Asking prices of listings first published in the three months to each month.
| State | Median | On last month | On a year ago | Listings |
|---|---|---|---|---|
| Lagos | ₦10.1M/year | ▼ -16.1% | ▲ +43.3% | 4,004 |
| Abuja | ₦12.5M/year | ▼ -14.3% | ▲ +34.8% | 302 |
| Oyo | ₦2.4M/year | ▼ -19.2% | ▲ +84.8% | 110 |
| Rivers Small sample | ₦3M/year | Not available | Not available | 28 |
| Ogun Small sample | ₦2.5M/year | ▲ +34.0% | ▲ +266.6% | 26 |
| Month | Median | Listings | On last month |
|---|---|---|---|
| October 2026 | ₦10M/year | 4,493 | ▼ -8.5% |
| September 2026 | ₦10.9M/year | 4,649 | ▼ -11.1% |
| August 2026 | ₦12.3M/year | 3,963 | ▼ -5.0% |
| July 2026 | ₦13M/year | 3,583 | ▲ +1.9% |
| June 2026 | ₦12.7M/year | 3,173 | ▲ +2.2% |
| May 2026 | ₦12.5M/year | 3,366 | ▼ -2.3% |
| April 2026 | ₦12.8M/year | 3,224 | ▲ +3.2% |
| March 2026 | ₦12.4M/year | 3,215 | ▲ +11.7% |
| February 2026 | ₦11.1M/year | 2,715 | ▲ +16.7% |
| January 2026 | ₦9.5M/year | 2,841 | ▲ +7.3% |
| December 2025 | ₦8.8M/year | 2,769 | ▲ +24.4% |
| November 2025 | ₦7.1M/year | 4,319 | ▲ +21.6% |
| October 2025 | ₦5.8M/year | 5,990 | ▼ -0.3% |
| September 2025 | ₦5.9M/year | 7,704 | ▲ +2.8% |
| August 2025 | ₦5.7M/year | 7,940 | ▲ +0.2% |
| July 2025 | ₦5.7M/year | 7,090 | ▲ +13.8% |
| June 2025 | ₦5M/year | 5,981 | ▲ +23.1% |
| May 2025 | ₦4.1M/year | 5,872 | ▲ +3.9% |
| April 2025 | ₦3.9M/year | 6,646 | ▼ -0.3% |
| March 2025 | ₦3.9M/year | 7,355 | ▲ +12.5% |
| February 2025 | ₦3.5M/year | 7,762 | ▲ +3.0% |
| January 2025 | ₦3.4M/year | 8,322 | ▲ +11.6% |
| December 2024 | ₦3M/year | 8,336 | ▼ -8.1% |
| November 2024 | ₦3.3M/year | 7,960 | ▼ -2.9% |