Private Property Rent Index · October 2026
Median asking rent for flat listings in Nigeria, from the listings first published on Private Property in the three months to each month.
Median rent · October 2026
Typical: ₦2.9M–₦15.5M
Half of listings asked between these two figures.
Gross rental yield 2.6% · median price ₦250M
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 | ₦7M/year | ▼ -8.0% | ▲ +81.5% | 2,713 |
| Abuja | ₦9.1M/year | ▲ +13.3% | ▲ +38.4% | 148 |
| Oyo Small sample | ₦1.8M/year | ▼ -10.7% | ▲ +112.7% | 75 |
| Month | Median | Listings | On last month |
|---|---|---|---|
| October 2026 | ₦6.5M/year | 2,981 | ▼ -10.6% |
| September 2026 | ₦7.2M/year | 3,006 | ▼ -7.0% |
| August 2026 | ₦7.8M/year | 2,514 | ▼ -2.9% |
| July 2026 | ₦8M/year | 2,194 | ▼ -0.9% |
| June 2026 | ₦8.1M/year | 1,918 | ▼ -11.8% |
| May 2026 | ₦9.2M/year | 2,010 | ▼ -8.0% |
| April 2026 | ₦10M/year | 1,935 | ▲ +23.3% |
| March 2026 | ₦8.1M/year | 1,953 | ▲ +12.7% |
| February 2026 | ₦7.2M/year | 1,710 | ▲ +26.0% |
| January 2026 | ₦5.7M/year | 1,811 | ▲ +11.7% |
| December 2025 | ₦5.1M/year | 1,796 | ▲ +33.4% |
| November 2025 | ₦3.8M/year | 2,703 | ▲ +25.3% |
| October 2025 | ₦3M/year | 3,477 | ▼ -9.9% |
| September 2025 | ₦3.4M/year | 4,419 | ▲ +11.6% |
| August 2025 | ₦3M/year | 4,552 | ▼ -1.3% |
| July 2025 | ₦3.1M/year | 4,161 | ▲ +8.2% |
| June 2025 | ₦2.8M/year | 3,555 | ▲ +9.7% |
| May 2025 | ₦2.6M/year | 3,534 | ▲ +5.4% |
| April 2025 | ₦2.5M/year | 3,985 | ▼ -0.6% |
| March 2025 | ₦2.5M/year | 4,331 | ▲ +2.4% |
| February 2025 | ₦2.4M/year | 4,529 | ▲ +5.5% |
| January 2025 | ₦2.3M/year | 4,917 | ▲ +12.3% |
| December 2024 | ₦2M/year | 4,931 | ▼ -0.7% |
| November 2024 | ₦2M/year | 4,835 | ▼ -7.3% |