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Private Property Rent Index · October 2026

5-bedroom house rent in Ikoyi, Lagos

Median asking rent for 5-bedroom house listings in Ikoyi, Lagos, from the listings first published on Private Property in the three months to each month.

Median rent · October 2026

₦89.9M/year

Typical: ₦64.6M–₦125M

Half of listings asked between these two figures. Small sample

On last month
On a year ago
▲ +13.9%
▲ +15.8%
Listings
Listings published
75
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 Ikoyi by size, October 2026

All sizes ₦63.7M 3 bedrooms ₦46.8M Small sample 4 bedrooms ₦61.5M 5 bedrooms ₦89.9M Small sample

Rent across Ikoyi, October 2026

Area Median Typical range On last month On a year ago Listings
Banana Island Small sample ₦97.4M/year ₦76.7M–₦125M ▼ -19.4% Not available 30

Month by month

MonthMedianTypical rangeListingsOn last month
October 2026 ₦89.9M/year ₦64.6M–₦125M 75 Small sample ▲ +13.9%
September 2026 ₦79M/year ₦66.7M–₦127M 82 Small sample ▲ +0.5%
August 2026 ₦78.6M/year ₦68.4M–₦128M 75 Small sample ▲ +1.8%
July 2026 ₦77.2M/year ₦69.3M–₦126M 90 Small sample ▲ +6.9%
June 2026 ₦72.3M/year ₦65M–₦120M 74 Small sample ▲ +0.1%
May 2026 ₦72.2M/year ₦64.4M–₦100M 55 Small sample ▼ -8.4%
April 2026 ₦78.8M/year ₦63.1M–₦101M 38 Small sample ▼ -0.2%
March 2026 ₦78.9M/year ₦71.8M–₦102M 36 Small sample ▼ -0.2%
February 2026 ₦79.1M/year ₦76.3M–₦101M 36 Small sample ▲ +1.0%
January 2026 ₦78.4M/year ₦69.3M–₦98.6M 49 Small sample ▲ +0.2%
December 2025 ₦78.2M/year ₦51.2M–₦92.5M 45 Small sample ▼ -8.2%
November 2025 ₦85.1M/year ₦50.2M–₦99.2M 49 Small sample ▲ +9.6%
October 2025 ₦77.7M/year ₦46.1M–₦100M 49 Small sample ▲ +7.8%
September 2025 ₦72.1M/year ₦45.4M–₦119M 69 Small sample ▲ +16.8%
August 2025 ₦61.7M/year ₦45.5M–₦119M 67 Small sample ▼ -1.7%
July 2025 ₦62.8M/year ₦46M–₦110M 62 Small sample ▲ +1.8%
June 2025 ₦61.7M/year ₦40.1M–₦85.7M 54 Small sample ▼ -0.2%
May 2025 ₦61.8M/year ₦39.6M–₦84.9M 57 Small sample ▲ +3.1%
April 2025 ₦60M/year ₦38.6M–₦78M 61 Small sample ▲ +16.7%
March 2025 ₦51.4M/year ₦35.3M–₦76.4M 51 Small sample ▲ +2.5%
February 2025 ₦50.1M/year ₦29.6M–₦77.7M 44 Small sample ▲ +0.7%
January 2025 ₦49.8M/year ₦29.1M–₦78M 31 Small sample ▼ -3.6%
December 2024 ₦51.6M/year ₦29.9M–₦90.5M 34 Small sample ▼ -27.0%
November 2024 ₦70.7M/year ₦36.5M–₦79M 46 Small sample ▲ +0.8%
See 5-bedroom house listings for rent in Ikoyi

Frequently asked

What is the typical 5-bedroom house rent in Ikoyi, Lagos?
The median asking rent for 5-bedroom house listings in Ikoyi, Lagos was ₦89.9M/year in October 2026, according to the Private Property Rent Index.
What is the typical range for 5-bedroom house rents in Ikoyi, Lagos?
Half of the listings counted in October 2026 asked between ₦64.6M and ₦125M/year.
Are 5-bedroom house rents in Ikoyi, Lagos going up?
Yes. The median was up 15.8% on a year earlier: ₦89.9M/year in October 2026 against ₦77.7M/year in October 2025.
Cite this figure. Private Property Rent Index, October 2026, Private Property Nigeria, https://privateproperty.ng/market-trends/rent/houses/lagos/ikoyi/5-bedroom
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