Median asking rent for 5-bedroom property listings in Banana Island, Lagos,
from the listings first published on Private Property in the three months to each month.
Median rent · October 2026
₦97.4M/year
Typical: ₦76.7M–₦125M
Half of listings asked between these two figures.
Small sample
On last month
On a year ago
▼ -19.4%
Not available
Listings
Listings published
30
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.
What is the typical 5-bedroom property rent in Banana Island, Lagos?
The median asking rent for 5-bedroom property listings in Banana Island, Lagos was ₦97.4M/year in October 2026, according to the Private Property Rent Index.
What is the typical range for 5-bedroom property rents in Banana Island, Lagos?
Half of the listings counted in October 2026 asked between ₦76.7M and ₦125M/year.
Cite this figure. Private Property Rent Index, October 2026, Private Property Nigeria, https://privateproperty.ng/market-trends/rent/lagos/ikoyi/banana-island/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