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Private Property Rent Index · October 2026

Flat rent in Ikota, Lagos

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

Median rent · October 2026

₦4.4M/year

Typical: ₦3M–₦5.7M

Half of listings asked between these two figures. Small sample

On last month
On a year ago
▲ +11.7%
▲ +52.6%
Listings
Listings published
50
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 Ikota by size, October 2026

All sizes ₦4.4M Small sample 1 bedroom ₦3M Small sample

Month by month

MonthMedianTypical rangeListingsOn last month
October 2026 ₦4.4M/year ₦3M–₦5.7M 50 Small sample ▲ +11.7%
September 2026 ₦4M/year ₦2.9M–₦5.5M 56 Small sample ▼ -8.6%
August 2026 ₦4.3M/year ₦3M–₦5.7M 49 Small sample ▲ +19.1%
July 2026 ₦3.6M/year ₦2.4M–₦5M 48 Small sample ▲ +3.3%
June 2026 ₦3.5M/year ₦2.3M–₦5.1M 54 Small sample ▲ +17.7%
May 2026 ₦3M/year ₦1.8M–₦4.4M 66 Small sample ▲ +2.8%
April 2026 ₦2.9M/year ₦1.8M–₦4.3M 59 Small sample ▼ -3.7%
March 2026 ₦3M/year ₦1.9M–₦5M 68 Small sample ▼ -13.4%
February 2026 ₦3.5M/year ₦2.9M–₦5.1M 43 Small sample ▼ -12.2%
January 2026 ₦4M/year ₦2.9M–₦5.2M 37 Small sample Not available
November 2025 ₦3M/year ₦2.4M–₦4.5M 32 Small sample ▲ +5.0%
October 2025 ₦2.9M/year ₦1.8M–₦4.3M 58 Small sample ▲ +10.3%
September 2025 ₦2.6M/year ₦1.7M–₦4.3M 94 Small sample ▼ -7.1%
August 2025 ₦2.8M/year ₦1.5M–₦4.3M 125 ▼ -5.3%
July 2025 ₦3M/year ₦1.7M–₦4.4M 112 ▼ -11.7%
June 2025 ₦3.4M/year ₦1.8M–₦4.4M 80 Small sample ▼ -0.4%
May 2025 ₦3.4M/year ₦2M–₦4.4M 55 Small sample ▲ +39.0%
April 2025 ₦2.4M/year ₦1.8M–₦3.4M 79 Small sample ▼ -1.8%
March 2025 ₦2.5M/year ₦1.9M–₦3.4M 95 Small sample ▲ +0.6%
February 2025 ₦2.5M/year ₦1.7M–₦3.4M 113 ▼ -8.2%
January 2025 ₦2.7M/year ₦1.5M–₦3.9M 121 ▲ +2.5%
December 2024 ₦2.6M/year ₦1.5M–₦3.9M 104 ▲ +6.9%
November 2024 ₦2.5M/year ₦1.5M–₦3.4M 94 Small sample ▲ +1.2%
October 2024 ₦2.4M/year ₦1.5M–₦3.4M 73 Small sample ▲ +5.7%
See flat listings for rent in Ikota

Frequently asked

What is the typical flat rent in Ikota, Lagos?
The median asking rent for flat listings in Ikota, Lagos was ₦4.4M/year in October 2026, according to the Private Property Rent Index.
What is the typical range for flat rents in Ikota, Lagos?
Half of the listings counted in October 2026 asked between ₦3M and ₦5.7M/year.
Are flat rents in Ikota, Lagos going up?
Yes. The median was up 52.6% on a year earlier: ₦4.4M/year in October 2026 against ₦2.9M/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/lekki/ikota
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