Private Property Rent Index · October 2026
Median asking rent for 2-bedroom flat listings in Nigeria, from the listings first published on Private Property in the three months to each month.
Median rent · October 2026
Typical: ₦3.5M–₦14.6M
Half of listings asked between these two figures.
Gross rental yield 3.4% · median price ₦208M
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 | ₦7.4M/year | ▼ -6.1% | ▲ +48.1% | 884 |
| Abuja Small sample | ₦7M/year | ▲ +8.0% | ▲ +34.6% | 73 |
| Oyo Small sample | ₦1.5M/year | ▼ -0.8% | ▲ +48.5% | 38 |
| Month | Median | Listings | On last month |
|---|---|---|---|
| October 2026 | ₦7.1M/year | 1,014 | ▼ -4.5% |
| September 2026 | ₦7.4M/year | 1,021 | ▼ -6.2% |
| August 2026 | ₦7.9M/year | 828 | ▼ -10.0% |
| July 2026 | ₦8.8M/year | 748 | ▼ -12.1% |
| June 2026 | ₦10M/year | 654 | ▲ +0.8% |
| May 2026 | ₦9.9M/year | 706 | ▼ -0.5% |
| April 2026 | ₦10M/year | 648 | ▲ +29.8% |
| March 2026 | ₦7.7M/year | 668 | ▲ +17.9% |
| February 2026 | ₦6.5M/year | 588 | ▲ +26.6% |
| January 2026 | ₦5.2M/year | 619 | ▲ +2.4% |
| December 2025 | ₦5M/year | 604 | ▲ +17.2% |
| November 2025 | ₦4.3M/year | 891 | ▲ +8.2% |
| October 2025 | ₦4M/year | 1,176 | ▼ -1.7% |
| September 2025 | ₦4M/year | 1,462 | ▲ +1.5% |
| August 2025 | ₦4M/year | 1,469 | 0.0% |
| July 2025 | ₦4M/year | 1,317 | ▲ +24.2% |
| June 2025 | ₦3.2M/year | 1,087 | ▲ +7.7% |
| May 2025 | ₦3M/year | 1,069 | ▲ +19.5% |
| April 2025 | ₦2.5M/year | 1,230 | ▲ +0.1% |
| March 2025 | ₦2.5M/year | 1,394 | ▲ +1.4% |
| February 2025 | ₦2.5M/year | 1,524 | ▲ +0.7% |
| January 2025 | ₦2.4M/year | 1,633 | ▲ +0.9% |
| December 2024 | ₦2.4M/year | 1,636 | ▼ -0.7% |
| November 2024 | ₦2.4M/year | 1,555 | ▼ -1.4% |