Private Property Rent Index · October 2026
Median asking rent for 3-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: ₦7.2M–₦30M
Half of listings asked between these two figures.
Gross rental yield 5.0% · median price ₦300M
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 | ₦16.8M/year | ▼ -14.0% | ▲ +68.8% | 773 |
| Abuja Small sample | ₦12.1M/year | ▲ +9.2% | ▲ +54.9% | 53 |
| Oyo Small sample | ₦3M/year | ▼ -1.0% | ▲ +155.8% | 23 |
| Month | Median | Listings | On last month |
|---|---|---|---|
| October 2026 | ₦15.1M/year | 858 | ▼ -11.4% |
| September 2026 | ₦17.1M/year | 918 | ▼ -12.5% |
| August 2026 | ₦19.5M/year | 802 | ▼ -2.2% |
| July 2026 | ₦20M/year | 719 | ▼ -7.3% |
| June 2026 | ₦21.5M/year | 608 | ▲ +5.7% |
| May 2026 | ₦20.4M/year | 642 | ▼ -8.1% |
| April 2026 | ₦22.2M/year | 642 | ▲ +10.1% |
| March 2026 | ₦20.1M/year | 645 | ▲ +11.5% |
| February 2026 | ₦18M/year | 548 | ▲ +37.7% |
| January 2026 | ₦13.1M/year | 585 | ▲ +27.0% |
| December 2025 | ₦10.3M/year | 572 | ▲ +19.9% |
| November 2025 | ₦8.6M/year | 772 | ▲ +19.9% |
| October 2025 | ₦7.2M/year | 926 | ▲ +2.3% |
| September 2025 | ₦7M/year | 1,178 | ▲ +16.4% |
| August 2025 | ₦6M/year | 1,197 | ▼ -6.0% |
| July 2025 | ₦6.4M/year | 1,081 | ▲ +8.4% |
| June 2025 | ₦5.9M/year | 919 | ▲ +1.2% |
| May 2025 | ₦5.8M/year | 888 | ▲ +15.1% |
| April 2025 | ₦5.1M/year | 1,052 | ▲ +24.5% |
| March 2025 | ₦4.1M/year | 1,190 | ▲ +3.5% |
| February 2025 | ₦3.9M/year | 1,324 | ▲ +0.4% |
| January 2025 | ₦3.9M/year | 1,393 | ▼ -0.4% |
| December 2024 | ₦3.9M/year | 1,376 | ▼ -1.6% |
| November 2024 | ₦4M/year | 1,289 | ▲ +0.8% |