Private Property Rent Index · October 2026
Median asking rent for 4-bedroom flat listings in Lagos, from the listings first published on Private Property in the three months to each month.
Median rent · October 2026
Typical: ₦14.5M–₦60.1M
Half of listings asked between these two figures.
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 |
|---|---|---|---|---|
| Ikoyi Small sample | ₦51.2M/year | ▲ +0.6% | ▼ -6.1% | 50 |
| Lekki Small sample | ₦13.2M/year | ▼ -13.6% | ▼ -12.0% | 30 |
| Month | Median | Listings | On last month |
|---|---|---|---|
| October 2026 | ₦34.9M/year | 112 | 0.0% |
| September 2026 | ₦34.9M/year | 132 | ▼ -9.7% |
| August 2026 | ₦38.7M/year | 117 | ▼ -2.8% |
| July 2026 | ₦39.8M/year | 106 | ▼ -12.1% |
| June 2026 | ₦45.3M/year | 78 Small sample | ▲ +14.6% |
| May 2026 | ₦39.5M/year | 90 Small sample | ▲ +3.3% |
| April 2026 | ₦38.2M/year | 97 Small sample | ▼ -1.7% |
| March 2026 | ₦38.9M/year | 99 Small sample | ▼ -2.7% |
| February 2026 | ₦40M/year | 82 Small sample | ▼ -1.2% |
| January 2026 | ₦40.5M/year | 66 Small sample | ▲ +3.5% |
| December 2025 | ₦39.1M/year | 64 Small sample | ▲ +9.1% |
| November 2025 | ₦35.8M/year | 95 Small sample | ▲ +19.6% |
| October 2025 | ₦29.9M/year | 108 | ▼ -16.1% |
| September 2025 | ₦35.7M/year | 144 | ▲ +38.5% |
| August 2025 | ₦25.8M/year | 151 | ▲ +30.5% |
| July 2025 | ₦19.7M/year | 173 | ▲ +41.0% |
| June 2025 | ₦14M/year | 145 | ▼ -12.6% |
| May 2025 | ₦16M/year | 152 | ▲ +6.5% |
| April 2025 | ₦15M/year | 127 | ▲ +35.3% |
| March 2025 | ₦11.1M/year | 134 | ▲ +52.4% |
| February 2025 | ₦7.3M/year | 107 | ▲ +20.7% |
| January 2025 | ₦6M/year | 120 | ▲ +1.4% |
| December 2024 | ₦6M/year | 114 | ▼ -15.8% |
| November 2024 | ₦7.1M/year | 116 | ▼ -1.2% |