Private Property Rent Index · October 2026
Median asking rent for 2-bedroom property listings in Nigeria, from the listings first published on Private Property in the three months to each month.
Median rent · October 2026
Typical: ₦3.6M–₦14.6M
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 | ₦7.5M/year | ▼ -5.9% | ▲ +51.7% | 958 |
| Abuja Small sample | ₦6.5M/year | ▲ +8.3% | ▲ +28.0% | 81 |
| Oyo Small sample | ₦1.5M/year | ▼ -0.8% | ▲ +26.6% | 40 |
| Month | Median | Listings | On last month |
|---|---|---|---|
| October 2026 | ₦7.1M/year | 1,099 | ▼ -6.8% |
| September 2026 | ₦7.7M/year | 1,111 | ▼ -4.8% |
| August 2026 | ₦8M/year | 907 | ▼ -12.7% |
| July 2026 | ₦9.2M/year | 846 | ▼ -8.1% |
| June 2026 | ₦10M/year | 756 | ▲ +1.9% |
| May 2026 | ₦9.8M/year | 823 | ▲ +5.1% |
| April 2026 | ₦9.4M/year | 752 | ▲ +22.9% |
| March 2026 | ₦7.6M/year | 763 | ▲ +7.2% |
| February 2026 | ₦7.1M/year | 662 | ▲ +26.3% |
| January 2026 | ₦5.6M/year | 691 | ▲ +9.4% |
| December 2025 | ₦5.1M/year | 684 | ▲ +19.7% |
| November 2025 | ₦4.3M/year | 1,078 | ▲ +9.0% |
| October 2025 | ₦3.9M/year | 1,537 | ▼ -1.1% |
| September 2025 | ₦4M/year | 1,933 | ▲ +1.2% |
| August 2025 | ₦3.9M/year | 1,960 | ▲ +0.5% |
| July 2025 | ₦3.9M/year | 1,765 | ▲ +29.7% |
| June 2025 | ₦3M/year | 1,491 | ▲ +3.1% |
| May 2025 | ₦2.9M/year | 1,466 | ▲ +18.1% |
| April 2025 | ₦2.5M/year | 1,638 | ▼ -0.2% |
| March 2025 | ₦2.5M/year | 1,856 | ▲ +1.2% |
| February 2025 | ₦2.5M/year | 2,045 | ▲ +1.7% |
| January 2025 | ₦2.4M/year | 2,267 | ▲ +2.6% |
| December 2024 | ₦2.4M/year | 2,293 | ▼ -1.9% |
| November 2024 | ₦2.4M/year | 2,116 | ▼ -2.1% |