What is the typical 2-bedroom flat rent in Lagos?

The median asking rent for 2-bedroom flat listings in Lagos was ₦7.4M/year in October 2026, according to the Private Property Rent Index.

What is the typical range for 2-bedroom flat rents in Lagos?

Half of the listings counted in October 2026 asked between ₦4M and ₦14.9M/year.

Are 2-bedroom flat rents in Lagos going up?

Yes. The median was up 48.1% on a year earlier: ₦7.4M/year in October 2026 against ₦5M/year in October 2025.

Private Property Rent Index · October 2026

2-bedroom flat rent in Lagos

Name: 2-bedroom flat rent in Lagos — Private Property Rent Index
Creator: Private Property Nigeria
License: https://creativecommons.org/licenses/by/4.0/

Median asking rent for 2-bedroom flat listings in Lagos, from the listings first published on Private Property in the three months to each month.

Median rent · October 2026

₦7.4M/year

Typical: ₦4M–₦14.9M

Half of listings asked between these two figures.

Gross rental yield 3.2% · median price ₦229M

On last month
On a year ago: ▼ -6.1%; ▲ +48.1%
Listings
Listings published: 884; Aug–Oct 2026

Median rent by month

Median Typical range (lower to upper quartile). Asking prices of listings first published in the three months to each month.

Rent in Lagos by size, October 2026

All sizes ₦7M 1 bedroom ₦2.9M 2 bedrooms ₦7.4M 3 bedrooms ₦16.8M 4 bedrooms ₦34.9M

Rent across Lagos, October 2026

City / LGA	Median	Typical range	On last month	On a year ago	Listings
Lekki	₦10M/year	₦7.1M–₦14.9M	▲ +0.5%	▲ +6.5%	435
Ajah Small sample	₦3.4M/year	₦2.5M–₦4.4M	▼ -11.0%	▲ +37.9%	96
Victoria Island Small sample	₦25.3M/year	₦15.1M–₦30.2M	▼ -1.3%	▲ +62.2%	76
Ikoyi Small sample	₦29.4M/year	₦25.4M–₦36.4M	▲ +0.3%	▲ +17.1%	55
Surulere Small sample	₦4.5M/year	₦3.5M–₦5.7M	▲ +1.2%	▲ +49.2%	24
Ikorodu Small sample	₦1.5M/year	₦1M–₦1.7M	Not available	▲ +23.0%	22

Month by month

Month	Median	Typical range	Listings	On last month
October 2026	₦7.4M/year	₦4M–₦14.9M	884	▼ -6.1%
September 2026	₦7.9M/year	₦5M–₦15.4M	901	▼ -11.3%
August 2026	₦8.9M/year	₦5.2M–₦17.5M	739	▼ -11.2%
July 2026	₦10M/year	₦5.6M–₦18.2M	669	▼ -8.2%
June 2026	₦10.9M/year	₦5.8M–₦19.9M	566	▲ +6.7%
May 2026	₦10.2M/year	₦5.6M–₦19.7M	618	▼ -0.4%
April 2026	₦10.2M/year	₦5.2M–₦18.8M	576	▲ +12.6%
March 2026	₦9.1M/year	₦4.4M–₦15.7M	575	▲ +17.2%
February 2026	₦7.8M/year	₦3.9M–₦15M	480	▲ +33.0%
January 2026	₦5.8M/year	₦3M–₦12.5M	509	▲ +12.4%
December 2025	₦5.2M/year	₦2.9M–₦12.5M	510	▲ +3.5%
November 2025	₦5M/year	₦2.5M–₦12M	761	▲ +0.5%
October 2025	₦5M/year	₦2.5M–₦10.2M	968	▼ -0.9%
September 2025	₦5M/year	₦2.5M–₦10.2M	1,234	▲ +13.8%
August 2025	₦4.4M/year	₦2.5M–₦9.9M	1,252	▲ +0.3%
July 2025	₦4.4M/year	₦2.5M–₦10M	1,139	▲ +25.3%
June 2025	₦3.5M/year	₦2.2M–₦8M	922	▲ +2.7%
May 2025	₦3.4M/year	₦2M–₦8M	916	▲ +17.0%
April 2025	₦2.9M/year	₦2M–₦6.4M	1,040	▲ +1.0%
March 2025	₦2.9M/year	₦1.9M–₦5.8M	1,206	▲ +5.2%
February 2025	₦2.8M/year	₦1.9M–₦5.6M	1,263	▲ +1.1%
January 2025	₦2.7M/year	₦1.8M–₦5.1M	1,365	▲ +3.6%
December 2024	₦2.6M/year	₦1.7M–₦5M	1,351	▼ -3.0%
November 2024	₦2.7M/year	₦1.7M–₦5.1M	1,311	▼ -5.5%

See 2-bedroom flat listings for rent in Lagos

Frequently asked

What is the typical 2-bedroom flat rent in Lagos?: The median asking rent for 2-bedroom flat listings in Lagos was ₦7.4M/year in October 2026, according to the Private Property Rent Index.
What is the typical range for 2-bedroom flat rents in Lagos?: Half of the listings counted in October 2026 asked between ₦4M and ₦14.9M/year.
Are 2-bedroom flat rents in Lagos going up?: Yes. The median was up 48.1% on a year earlier: ₦7.4M/year in October 2026 against ₦5M/year in October 2025.

Cite this figure. Private Property Rent Index, October 2026, Private Property Nigeria, https://privateproperty.ng/market-trends/rent/flats-apartments/lagos/2-bedroom
Free to reuse under CC BY 4.0, with credit to Private Property and a link to this page.
How these figures are worked out