Private Property Rent Index · October 2026
Median asking rent for 3-bedroom house listings in Lagos, from the listings first published on Private Property in the three months to each month.
Median rent · October 2026
Typical: ₦7.2M–₦20M
Half of listings asked between these two figures.
Gross rental yield 8.3% · median price ₦149M
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 |
|---|---|---|---|---|
| Lekki | ₦12.9M/year | ▼ -4.8% | ▲ +60.0% | 113 |
| Ajah Small sample | ₦5.8M/year | ▼ -1.7% | ▲ +43.9% | 45 |
| Ikoyi Small sample | ₦46.8M/year | ▲ +3.1% | ▲ +29.4% | 20 |
| Month | Median | Listings | On last month |
|---|---|---|---|
| October 2026 | ₦12.4M/year | 218 | ▼ -15.7% |
| September 2026 | ₦14.7M/year | 211 | ▼ -4.6% |
| August 2026 | ₦15.4M/year | 181 | ▼ -1.6% |
| July 2026 | ₦15.6M/year | 162 | ▲ +6.0% |
| June 2026 | ₦14.7M/year | 142 | ▲ +43.6% |
| May 2026 | ₦10.3M/year | 166 | 0.0% |
| April 2026 | ₦10.3M/year | 162 | ▲ +0.7% |
| March 2026 | ₦10.2M/year | 158 | ▼ -18.7% |
| February 2026 | ₦12.5M/year | 118 | ▲ +2.5% |
| January 2026 | ₦12.2M/year | 138 | ▲ +0.7% |
| December 2025 | ₦12.2M/year | 153 | ▲ +30.3% |
| November 2025 | ₦9.3M/year | 293 | ▲ +18.1% |
| October 2025 | ₦7.9M/year | 425 | ▲ +8.1% |
| September 2025 | ₦7.3M/year | 530 | ▲ +2.4% |
| August 2025 | ₦7.1M/year | 520 | ▲ +9.0% |
| July 2025 | ₦6.6M/year | 484 | ▲ +10.1% |
| June 2025 | ₦5.9M/year | 441 | ▲ +3.0% |
| May 2025 | ₦5.8M/year | 417 | ▲ +10.9% |
| April 2025 | ₦5.2M/year | 474 | ▲ +3.2% |
| March 2025 | ₦5M/year | 543 | ▼ -1.0% |
| February 2025 | ₦5.1M/year | 560 | ▲ +0.1% |
| January 2025 | ₦5.1M/year | 571 | ▼ -1.5% |
| December 2024 | ₦5.2M/year | 548 | ▲ +0.5% |
| November 2024 | ₦5.1M/year | 499 | ▼ -0.1% |