Private Property Rent Index · October 2026
Median asking rent for 4-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: ₦10.9M–₦36.4M
Half of listings asked between these two figures.
Gross rental yield 6.1% · median price ₦279M
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 | ₦14.6M/year | ▼ -0.1% | ▲ +32.9% | 392 |
| Ikoyi | ₦61.5M/year | ▲ +0.6% | ▲ +24.6% | 131 |
| Ajah Small sample | ₦7.9M/year | ▲ +0.2% | ▲ +19.5% | 78 |
| Victoria Island Small sample | ₦36.5M/year | ▲ +1.2% | ▲ +36.5% | 52 |
| Ikeja Small sample | ₦29M/year | ▼ -17.4% | ▲ +90.8% | 25 |
| Month | Median | Listings | On last month |
|---|---|---|---|
| October 2026 | ₦17M/year | 710 | ▼ -7.6% |
| September 2026 | ₦18.4M/year | 748 | ▼ -7.4% |
| August 2026 | ₦19.8M/year | 679 | ▲ +1.2% |
| July 2026 | ₦19.6M/year | 631 | ▲ +8.6% |
| June 2026 | ₦18M/year | 592 | ▲ +18.8% |
| May 2026 | ₦15.2M/year | 666 | ▼ -10.9% |
| April 2026 | ₦17M/year | 656 | ▲ +0.3% |
| March 2026 | ₦17M/year | 645 | ▼ -4.2% |
| February 2026 | ₦17.7M/year | 486 | ▲ +4.3% |
| January 2026 | ₦17M/year | 497 | ▲ +0.8% |
| December 2025 | ₦16.9M/year | 455 | ▲ +13.9% |
| November 2025 | ₦14.8M/year | 715 | ▲ +19.4% |
| October 2025 | ₦12.4M/year | 995 | ▲ +2.6% |
| September 2025 | ₦12.1M/year | 1,273 | ▲ +17.5% |
| August 2025 | ₦10.3M/year | 1,286 | ▲ +0.2% |
| July 2025 | ₦10.3M/year | 1,135 | ▲ +0.3% |
| June 2025 | ₦10.2M/year | 928 | ▲ +1.8% |
| May 2025 | ₦10.1M/year | 905 | ▲ +2.1% |
| April 2025 | ₦9.8M/year | 1,060 | ▲ +10.0% |
| March 2025 | ₦9M/year | 1,226 | ▲ +3.1% |
| February 2025 | ₦8.7M/year | 1,248 | ▼ -0.6% |
| January 2025 | ₦8.7M/year | 1,196 | ▲ +8.1% |
| December 2024 | ₦8.1M/year | 1,165 | ▲ +0.6% |
| November 2024 | ₦8M/year | 1,146 | ▲ +1.3% |