Private Property Rent Index · October 2026
Median asking rent for 3-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: ₦7.1M–₦29.1M
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 | ₦15M/year | ▼ -14.7% | ▲ +66.9% | 991 |
| Abuja Small sample | ₦10.3M/year | ▲ +1.1% | ▲ +41.7% | 74 |
| Oyo Small sample | ₦3.4M/year | ▼ -1.4% | ▲ +129.9% | 34 |
| Month | Median | Listings | On last month |
|---|---|---|---|
| October 2026 | ₦14.7M/year | 1,114 | ▼ -2.7% |
| September 2026 | ₦15.1M/year | 1,182 | ▼ -12.0% |
| August 2026 | ₦17.1M/year | 1,027 | ▼ -12.3% |
| July 2026 | ₦19.5M/year | 933 | ▼ -1.0% |
| June 2026 | ₦19.7M/year | 794 | ▲ +7.3% |
| May 2026 | ₦18.4M/year | 849 | ▼ -6.2% |
| April 2026 | ₦19.6M/year | 830 | ▲ +9.7% |
| March 2026 | ₦17.9M/year | 837 | ▲ +19.6% |
| February 2026 | ₦14.9M/year | 700 | ▲ +20.9% |
| January 2026 | ₦12.4M/year | 757 | ▲ +20.5% |
| December 2025 | ₦10.3M/year | 747 | ▲ +27.4% |
| November 2025 | ₦8.1M/year | 1,106 | ▲ +13.9% |
| October 2025 | ₦7.1M/year | 1,479 | ▲ +9.0% |
| September 2025 | ₦6.5M/year | 1,885 | ▲ +9.0% |
| August 2025 | ₦6M/year | 1,910 | ▲ +0.1% |
| July 2025 | ₦6M/year | 1,700 | ▲ +3.3% |
| June 2025 | ₦5.8M/year | 1,482 | ▲ +11.3% |
| May 2025 | ₦5.2M/year | 1,427 | ▲ +2.9% |
| April 2025 | ₦5M/year | 1,671 | ▲ +16.9% |
| March 2025 | ₦4.3M/year | 1,886 | ▲ +7.9% |
| February 2025 | ₦4M/year | 2,113 | ▲ +1.0% |
| January 2025 | ₦3.9M/year | 2,252 | ▲ +0.1% |
| December 2024 | ₦3.9M/year | 2,241 | ▼ -1.2% |
| November 2024 | ₦4M/year | 2,048 | ▲ +0.4% |