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Private Property Rent Index · October 2026

Property rent in Ikotun/Igando, Lagos

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

Median rent · October 2026

₦1.5M/year

Typical: ₦1.2M–₦2M

Half of listings asked between these two figures. Small sample

On last month
On a year ago
▲ +11.6%
Not available
Listings
Listings published
26
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.

Month by month

MonthMedianTypical rangeListingsOn last month
October 2026 ₦1.5M/year ₦1.2M–₦2M 26 Small sample ▲ +11.6%
September 2026 ₦1.3M/year ₦1M–₦2M 30 Small sample Not available
December 2024 ₦1M/year ₦684K–₦1.3M 21 Small sample ▲ +24.0%
November 2024 ₦806K/year ₦687K–₦1.2M 21 Small sample ▲ +17.2%
October 2024 ₦688K/year ₦485K–₦816K 28 Small sample ▲ +39.0%
September 2024 ₦495K/year ₦299K–₦703K 21 Small sample Not available
July 2024 ₦444K/year ₦282K–₦663K 21 Small sample ▼ -24.5%
June 2024 ₦587K/year ₦395K–₦703K 29 Small sample ▼ -9.3%
May 2024 ₦647K/year ₦482K–₦749K 31 Small sample ▼ -5.6%
April 2024 ₦686K/year ₦594K–₦803K 24 Small sample ▲ +1.5%
March 2024 ₦676K/year ₦449K–₦793K 23 Small sample ▲ +3.1%
February 2024 ₦655K/year ₦438K–₦787K 21 Small sample ▲ +10.3%
January 2024 ₦594K/year ₦404K–₦780K 23 Small sample Not available

Frequently asked

What is the typical property rent in Ikotun/Igando, Lagos?
The median asking rent for property listings in Ikotun/Igando, Lagos was ₦1.5M/year in October 2026, according to the Private Property Rent Index.
What is the typical range for property rents in Ikotun/Igando, Lagos?
Half of the listings counted in October 2026 asked between ₦1.2M and ₦2M/year.
Cite this figure. Private Property Rent Index, October 2026, Private Property Nigeria, https://privateproperty.ng/market-trends/rent/lagos/ikotun-igando
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