Private Property Rent Index · October 2026
Median asking rent for flat listings in Lagos, from the listings first published on Private Property in the three months to each month.
Median rent · October 2026
Typical: ₦3M–₦17.1M
Half of listings asked between these two figures.
Gross rental yield 2.7% · median price ₦262M
Median Typical range (lower to upper quartile). Asking prices of listings first published in the three months to each month.
| City / LGA | Median | On last month | On a year ago | Listings |
|---|---|---|---|---|
| Lekki | ₦7.3M/year | ▼ -3.3% | ▲ +20.8% | 1,273 |
| Ikoyi | ₦36.3M/year | ▼ -0.2% | ▲ +2.5% | 340 |
| Ajah | ₦2.9M/year | ▼ -4.2% | ▲ +41.4% | 266 |
| Victoria Island | ₦23.4M/year | ▼ -6.5% | ▲ +17.6% | 266 |
| Surulere Small sample | ₦3.5M/year | ▼ -4.8% | ▲ +41.1% | 62 |
| Ikorodu Small sample | ₦1M/year | ▲ +30.8% | ▲ +0.8% | 50 |
| Yaba Small sample | ₦2.9M/year | ▼ -14.0% | ▲ +43.6% | 44 |
| Ibeju-Lekki Small sample | ₦1.5M/year | ▲ +0.2% | ▲ +23.0% | 43 |
| Shomolu Small sample | ₦2.3M/year | 0.0% | ▲ +53.3% | 41 |
| Isolo Small sample | ₦3.5M/year | ▼ -0.1% | ▲ +31.4% | 30 |
| Kosofe/Ikosi Small sample | ₦5M/year | ▲ +64.2% | ▲ +142.6% | 29 |
| Ojodu Small sample | ₦3M/year | ▲ +7.6% | ▲ +3.8% | 28 |
| Ikotun/Igando Small sample | ₦1.5M/year | ▲ +11.6% | Not available | 26 |
| Sangotedo Small sample | ₦3.3M/year | Not available | Not available | 25 |
| Ikeja Small sample | ₦7.9M/year | ▼ -38.6% | ▲ +40.0% | 25 |
| Ipaja Small sample | ₦1.3M/year | 0.0% | ▲ +10.3% | 24 |
| Ogba Small sample | ₦2.7M/year | Not available | ▲ +49.6% | 21 |
| Gbagada Small sample | ₦4M/year | Not available | ▲ +59.6% | 20 |
| Month | Median | Listings | On last month |
|---|---|---|---|
| October 2026 | ₦7M/year | 2,713 | ▼ -8.0% |
| September 2026 | ₦7.6M/year | 2,738 | ▼ -5.5% |
| August 2026 | ₦8.1M/year | 2,291 | ▼ -18.3% |
| July 2026 | ₦9.9M/year | 1,975 | ▼ -1.0% |
| June 2026 | ₦10M/year | 1,705 | ▼ -2.0% |
| May 2026 | ₦10.2M/year | 1,788 | ▼ -8.0% |
| April 2026 | ₦11M/year | 1,739 | ▲ +9.3% |
| March 2026 | ₦10.1M/year | 1,717 | ▲ +27.1% |
| February 2026 | ₦7.9M/year | 1,464 | ▲ +32.7% |
| January 2026 | ₦6M/year | 1,554 | ▲ +6.2% |
| December 2025 | ₦5.6M/year | 1,556 | ▲ +40.0% |
| November 2025 | ₦4M/year | 2,368 | ▲ +4.4% |
| October 2025 | ₦3.9M/year | 2,933 | ▲ +7.5% |
| September 2025 | ₦3.6M/year | 3,760 | ▲ +4.8% |
| August 2025 | ₦3.4M/year | 3,886 | ▲ +0.8% |
| July 2025 | ₦3.4M/year | 3,655 | ▲ +13.9% |
| June 2025 | ₦3M/year | 3,105 | ▲ +1.4% |
| May 2025 | ₦2.9M/year | 3,135 | ▲ +11.6% |
| April 2025 | ₦2.6M/year | 3,471 | ▼ -0.5% |
| March 2025 | ₦2.7M/year | 3,842 | ▲ +3.2% |
| February 2025 | ₦2.6M/year | 3,798 | ▲ +2.1% |
| January 2025 | ₦2.5M/year | 4,095 | ▲ +1.6% |
| December 2024 | ₦2.5M/year | 4,029 | ▲ +0.6% |
| November 2024 | ₦2.5M/year | 4,075 | 0.0% |