Private Property Rent Index · October 2026
Median asking rent for 5-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: ₦17.8M–₦62.5M
Half of listings asked between these two figures.
Gross rental yield 6.1% · median price ₦603M
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 | ₦24.9M/year | ▼ -0.2% | ▲ +21.9% | 165 |
| Ikoyi Small sample | ₦89.9M/year | ▲ +13.9% | ▲ +15.8% | 75 |
| Month | Median | Listings | On last month |
|---|---|---|---|
| October 2026 | ₦36.7M/year | 270 | ▲ +4.7% |
| September 2026 | ₦35M/year | 295 | ▼ -1.8% |
| August 2026 | ₦35.7M/year | 271 | ▼ -20.3% |
| July 2026 | ₦44.8M/year | 278 | ▲ +11.6% |
| June 2026 | ₦40.1M/year | 244 | ▲ +33.5% |
| May 2026 | ₦30.1M/year | 237 | ▲ +2.6% |
| April 2026 | ₦29.3M/year | 207 | ▼ -0.1% |
| March 2026 | ₦29.3M/year | 223 | ▲ +12.5% |
| February 2026 | ₦26.1M/year | 186 | ▼ -25.8% |
| January 2026 | ₦35.1M/year | 200 | ▲ +16.4% |
| December 2025 | ₦30.2M/year | 178 | ▲ +16.5% |
| November 2025 | ₦25.9M/year | 244 | ▲ +2.5% |
| October 2025 | ₦25.3M/year | 320 | ▲ +24.6% |
| September 2025 | ₦20.3M/year | 395 | ▲ +2.6% |
| August 2025 | ₦19.8M/year | 413 | ▲ +0.3% |
| July 2025 | ₦19.7M/year | 364 | ▲ +0.7% |
| June 2025 | ₦19.6M/year | 303 | ▼ -1.1% |
| May 2025 | ₦19.8M/year | 299 | ▲ +10.6% |
| April 2025 | ₦17.9M/year | 324 | ▲ +19.5% |
| March 2025 | ₦15M/year | 353 | ▲ +2.5% |
| February 2025 | ₦14.6M/year | 356 | ▲ +2.2% |
| January 2025 | ₦14.3M/year | 364 | ▲ +0.2% |
| December 2024 | ₦14.3M/year | 362 | ▼ -2.7% |
| November 2024 | ₦14.6M/year | 370 | 0.0% |