What is the typical property rent in Ikorodu, Lagos?

The median asking rent for property listings in Ikorodu, Lagos was ₦1M/year in October 2026, according to the Private Property Rent Index.

What is the typical range for property rents in Ikorodu, Lagos?

Half of the listings counted in October 2026 asked between ₦647K and ₦1.5M/year.

Are property rents in Ikorodu, Lagos going up?

No. The median was down 1.2% on a year earlier: ₦1M/year in October 2026 against ₦1M/year in October 2025.

Private Property Rent Index · October 2026

Property rent in Ikorodu, Lagos

Name: Property rent in Ikorodu, Lagos — Private Property Rent Index
Creator: Private Property Nigeria
License: https://creativecommons.org/licenses/by/4.0/

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

Median rent · October 2026

₦1M/year

Typical: ₦647K–₦1.5M

Half of listings asked between these two figures. Small sample

On last month
On a year ago: ▲ +27.6%; ▼ -1.2%
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 Ikorodu by size, October 2026

All sizes ₦1M Small sample 1 bedroom ₦609K Small sample 2 bedrooms ₦1.5M Small sample

Month by month

Month	Median	Typical range	Listings	On last month
October 2026	₦1M/year	₦647K–₦1.5M	50 Small sample	▲ +27.6%
September 2026	₦803K/year	₦485K–₦1.5M	48 Small sample	▲ +62.9%
August 2026	₦493K/year	₦305K–₦1.5M	50 Small sample	▲ +2.5%
July 2026	₦481K/year	₦295K–₦801K	46 Small sample	▲ +8.5%
June 2026	₦444K/year	₦245K–₦789K	39 Small sample	▼ -24.5%
May 2026	₦587K/year	₦304K–₦1.3M	31 Small sample	Not available
November 2025	₦1M/year	₦600K–₦1.5M	50 Small sample	▼ -1.5%
October 2025	₦1M/year	₦780K–₦1.5M	61 Small sample	▲ +13.4%
September 2025	₦915K/year	₦598K–₦1.5M	82 Small sample	▲ +13.8%
August 2025	₦804K/year	₦587K–₦1.5M	75 Small sample	▼ -0.3%
July 2025	₦806K/year	₦592K–₦1.5M	83 Small sample	▼ -20.7%
June 2025	₦1M/year	₦606K–₦1.8M	54 Small sample	▲ +10.3%
May 2025	₦922K/year	₦492K–₦1.3M	41 Small sample	▲ +14.4%
April 2025	₦806K/year	₦585K–₦1.3M	75 Small sample	▲ +1.9%
March 2025	₦791K/year	₦585K–₦1.3M	87 Small sample	▼ -1.0%
February 2025	₦799K/year	₦587K–₦1.5M	89 Small sample	▲ +32.0%
January 2025	₦605K/year	₦435K–₦1M	53 Small sample	▲ +0.8%
December 2024	₦601K/year	₦412K–₦1M	68 Small sample	▲ +2.3%
November 2024	₦587K/year	₦352K–₦911K	55 Small sample	▼ -2.4%
October 2024	₦602K/year	₦354K–₦995K	55 Small sample	▲ +20.1%
September 2024	₦501K/year	₦356K–₦1M	24 Small sample	▼ -14.3%
August 2024	₦585K/year	₦352K–₦813K	37 Small sample	▲ +42.4%
July 2024	₦411K/year	₦297K–₦785K	67 Small sample	▼ -16.9%
June 2024	₦494K/year	₦300K–₦805K	111	▼ -1.0%

See property listings for rent in Ikorodu

Frequently asked

What is the typical property rent in Ikorodu, Lagos?: The median asking rent for property listings in Ikorodu, Lagos was ₦1M/year in October 2026, according to the Private Property Rent Index.
What is the typical range for property rents in Ikorodu, Lagos?: Half of the listings counted in October 2026 asked between ₦647K and ₦1.5M/year.
Are property rents in Ikorodu, Lagos going up?: No. The median was down 1.2% on a year earlier: ₦1M/year in October 2026 against ₦1M/year in October 2025.

Cite this figure. Private Property Rent Index, October 2026, Private Property Nigeria, https://privateproperty.ng/market-trends/rent/lagos/ikorodu
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