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Private Property Rent Index · October 2026

1-bedroom flat rent in Ikoyi, Lagos

Median asking rent for 1-bedroom flat listings in Ikoyi, Lagos, from the listings first published on Private Property in the three months to each month.

Median rent · October 2026

₦14.7M/year

Typical: ₦7.2M–₦18.1M

Half of listings asked between these two figures. Small sample

On last month
On a year ago
▼ -0.8%
▼ -8.4%
Listings
Listings published
34
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 Ikoyi by size, October 2026

Month by month

MonthMedianTypical rangeListingsOn last month
October 2026 ₦14.7M/year ₦7.2M–₦18.1M 34 Small sample ▼ -0.8%
September 2026 ₦14.8M/year ₦7.2M–₦25.1M 33 Small sample ▲ +0.8%
August 2026 ₦14.7M/year ₦9.1M–₦25.3M 34 Small sample ▲ +0.2%
July 2026 ₦14.6M/year ₦10.3M–₦20.2M 27 Small sample ▼ -1.6%
June 2026 ₦14.9M/year ₦12M–₦20.1M 22 Small sample ▼ -19.1%
May 2026 ₦18.4M/year ₦14.6M–₦25.3M 21 Small sample ▲ +3.3%
April 2026 ₦17.8M/year ₦14.8M–₦25.6M 25 Small sample ▲ +4.1%
March 2026 ₦17.1M/year ₦14.6M–₦25.4M 30 Small sample ▲ +11.2%
February 2026 ₦15.4M/year ₦13M–₦17.5M 23 Small sample ▲ +1.8%
January 2026 ₦15.1M/year ₦12.5M–₦17M 20 Small sample Not available
November 2025 ₦17M/year ₦12.4M–₦20.1M 22 Small sample ▲ +6.3%
October 2025 ₦16M/year ₦12.1M–₦20.1M 22 Small sample ▲ +18.6%
September 2025 ₦13.5M/year ₦8.8M–₦17.7M 35 Small sample ▲ +7.6%
August 2025 ₦12.5M/year ₦7.9M–₦17.7M 34 Small sample ▲ +1.8%
July 2025 ₦12.3M/year ₦7.9M–₦17.8M 37 Small sample ▲ +1.9%
June 2025 ₦12.1M/year ₦9.9M–₦14.7M 29 Small sample ▲ +8.4%
May 2025 ₦11.2M/year ₦7.8M–₦12.5M 36 Small sample ▲ +12.1%
April 2025 ₦9.9M/year ₦7M–₦12.3M 41 Small sample ▲ +28.6%
March 2025 ₦7.7M/year ₦7M–₦12.2M 41 Small sample ▲ +6.2%
February 2025 ₦7.3M/year ₦6.4M–₦12.1M 36 Small sample ▼ -22.1%
January 2025 ₦9.4M/year ₦6.7M–₦12.3M 36 Small sample ▼ -5.9%
December 2024 ₦9.9M/year ₦5.2M–₦12.2M 32 Small sample ▼ -12.6%
November 2024 ₦11.4M/year ₦7.2M–₦12.5M 36 Small sample ▲ +1.2%
October 2024 ₦11.2M/year ₦7.2M–₦14.6M 33 Small sample ▼ -1.2%

Frequently asked

What is the typical 1-bedroom flat rent in Ikoyi, Lagos?
The median asking rent for 1-bedroom flat listings in Ikoyi, Lagos was ₦14.7M/year in October 2026, according to the Private Property Rent Index.
What is the typical range for 1-bedroom flat rents in Ikoyi, Lagos?
Half of the listings counted in October 2026 asked between ₦7.2M and ₦18.1M/year.
Are 1-bedroom flat rents in Ikoyi, Lagos going up?
No. The median was down 8.4% on a year earlier: ₦14.7M/year in October 2026 against ₦16M/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/ikoyi/1-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