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Private Property Rent Index · October 2026

Flat rent in Ipaja, Lagos

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

Median rent · October 2026

₦1.3M/year

Typical: ₦816K–₦1.8M

Half of listings asked between these two figures. Small sample

On last month
On a year ago
0.0%
▲ +10.3%
Listings
Listings published
24
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.

Month by month

MonthMedianTypical rangeListingsOn last month
October 2026 ₦1.3M/year ₦816K–₦1.8M 24 Small sample 0.0%
September 2026 ₦1.3M/year ₦816K–₦1.8M 24 Small sample Not available
January 2026 ₦2M/year ₦1.3M–₦2.4M 24 Small sample ▲ +11.3%
December 2025 ₦1.8M/year ₦1M–₦2.1M 24 Small sample ▲ +19.6%
November 2025 ₦1.5M/year ₦945K–₦2M 32 Small sample ▲ +26.6%
October 2025 ₦1.2M/year ₦928K–₦1.5M 25 Small sample ▲ +1.2%
September 2025 ₦1.2M/year ₦911K–₦1.5M 38 Small sample ▼ -17.7%
August 2025 ₦1.4M/year ₦1M–₦1.5M 47 Small sample ▲ +20.1%
July 2025 ₦1.2M/year ₦794K–₦1.5M 51 Small sample ▲ +1.0%
June 2025 ₦1.2M/year ₦793K–₦1.5M 92 Small sample ▲ +1.2%
May 2025 ₦1.2M/year ₦754K–₦1.7M 103 ▼ -1.2%
April 2025 ₦1.2M/year ₦801K–₦1.7M 90 Small sample ▼ -1.5%
March 2025 ₦1.2M/year ₦797K–₦1.8M 58 Small sample ▲ +14.5%
February 2025 ₦1M/year ₦594K–₦1.5M 72 Small sample ▲ +9.4%
January 2025 ₦945K/year ₦594K–₦1.5M 132 ▼ -5.1%
December 2024 ₦995K/year ₦607K–₦1.5M 142 ▲ +7.5%
November 2024 ₦926K/year ₦606K–₦1.3M 125 ▲ +13.4%
October 2024 ₦816K/year ₦539K–₦1.3M 74 Small sample ▲ +39.6%
September 2024 ₦585K/year ₦379K–₦814K 49 Small sample ▲ +8.5%
August 2024 ₦539K/year ₦308K–₦803K 36 Small sample ▼ -20.3%
July 2024 ₦676K/year ₦402K–₦999K 141 ▼ -12.3%
June 2024 ₦771K/year ₦446K–₦1M 173 ▲ +1.6%
May 2024 ₦759K/year ₦484K–₦1M 207 ▲ +8.1%
April 2024 ₦702K/year ₦480K–₦1M 144 ▲ +15.4%

Frequently asked

What is the typical flat rent in Ipaja, Lagos?
The median asking rent for flat listings in Ipaja, Lagos was ₦1.3M/year in October 2026, according to the Private Property Rent Index.
What is the typical range for flat rents in Ipaja, Lagos?
Half of the listings counted in October 2026 asked between ₦816K and ₦1.8M/year.
Are flat rents in Ipaja, Lagos going up?
Yes. The median was up 10.3% on a year earlier: ₦1.3M/year in October 2026 against ₦1.2M/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/ipaja
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