Nigeria Property Centre

5 Bedroom Property for Rent in Banana Island, Ikoyi, Lagos

There are 292 flats, houses, land and commercial properties for rent in Banana Island as of 12 Aug 2026, with an average price of ₦120M. Every listing is posted by an estate agent or developer you can contact directly — filter by price, type, furnishing and recency to find the right home.

Property type
Flats Houses Commercial property Land Event Centres / Venues
Neighbourhoods
2nd Avenue Estate 3rd Avenue Abacha Estate Abdullahi Adamu Estate Awolowo Road Banana Island Bourdillon Road Cooper Road Dolphin Estate Estates Gerrard Road Grenadines Skyvilla Mojisola Onikoyi Estate Osborne Foreshore Estate Osborne Phase 1 Osborne Phase 2 Queen's Drive Shoreline Estate
Features
Furnished Unfurnished

281–292 of 292 properties for rent

Luxury 5 Bedroom Semi-Detached Duplex with BQ — Banana Island, Ikoyi, Lagos
2
₦85,000,000 /yr

Semi-detached duplex for rent

Luxury 5 Bedroom Semi-Detached Duplex with BQ

Newly built luxury 5 bedroom semi detached duplex with bq,fitted kitchen, family lounge, cinema room,ensuite rooms,private elevator and roop top terrace. Location: Banana Island Rent: ₦85m Service charge: yet to be determined

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 3 Parking
Mo Resources & Services LTD
5 Bedroom Detached House — Banana Island, Ikoyi, Lagos
5
₦100,000,000 /yr

House for rent

5 Bedroom Detached House

Fully detached Banana Island 5 bed Features: 5 bedrooms all en-suite 1 Room BQ I Imported fitted kitchen I imported walk in wardrobes Family living on Floor 1Cinema Room on Floor 3 Massive outdoor terraces on Floor 3 Elevator Rent: 90m per annum Sale: 1.8b Caution: 10% Agency: 10% Legal 10%

Banana Island, Ikoyi, Lagos
5 beds
Isinmi Living
Luxury 5 Bedroom Apartment — Banana Island Road, Ikoyi, Lagos
25
₦50,000,000 /yr

Flat / apartment for rent

Luxury 5 Bedroom Apartment

For rent Waterfront 5bedroom fully serviced Apartment in Banana Island Road, Ikoyi Lagos Amenities include a swimming pool, gym, outdoor sit-out, elevator, security, 2 cars park space for each tenant The apartment is available for rent at 50M per annum. Agency/Legal/Caution: 10% each Service charge: TBD

Banana Island Road, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Patriotic Homes & Property LTD
5 Bedrooms Fully Detached Houses — Banana Island, Ikoyi, Lagos
7
$180,000 /yr

Detached duplex for rent

5 Bedrooms Fully Detached Houses

3 Nos. fully detached houses in Banana Island, Ikoyi for letting Features: - 5 bedrooms all en-suite - 2 living rooms - Lift - Cinema room - Home Automation - Study/Home Office - Suspended swimming Pool - 2 bedroom BQ - lift. - gym house - Fully fitted kitchen Location: Banana Island, Ikoyi. Rent: $180,000 per annum per house For additional details, inquiries, and physical inspections, Call our hotline 07088065449 You can send us a quick mail to: [email protected] Take Advantage Today!

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 4 Parking
Future Homes Properties and Investment LTD
5 Bedroom Terrace House — Banana Island, Ikoyi, Lagos
9
$110,000 /yr

Terraced duplex for rent

5 Bedroom Terrace House

5-Bedroom Terrace Homes For Lease Step into a residence where luxury meets functionality. Located in Nigeria's most coveted address --- Banana Island. This 5-bedroom terrace home is the epitome of elite living, designed for individuals who value space, sophistication, and security. Property Highlights Double-volume living room & formal dining Chef's kitchen with custom cabinetry & stainless steel appliances Maid's room, family lounge, box room, and private study 4 spacious ensuite bedrooms with bathtubs and showers Lagos Certificate of Occupancy Exclusive Amenities Swimming Pool & Gymnasium Private Cinema Room & Family Lounge Elevator & Automated Gate Generator & Carport Borehole & Water Treatment Plant CCTV, 24/7 Security, & Surround Sound Location: Banana Island, Lagos rent :$110,000 Per annum Designed for: Investors Diplomats Corporate Executives Legacy Homeowners Whether for residency, corporate housing, or premium asset acquisition --- this is more than a property; it's a statement of status. For Private Viewings & Enquiries: [email protected] [email protected] +234 803 811 1032 +234 813 714 3886 +234 909 826 0814 +234 802 353 1926 n.e.w.s Realty Limited

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 2 Parking
News Realty Limited
3 Units of 5-Bedroom Fully Detached House — Banana Island, Ikoyi, Lagos
18
$180,000 /yr

House for rent

3 Units of 5-Bedroom Fully Detached House

Now letting; 3 Nos. fully detached houses in Banana Island, Ikoyi for letting Features: - 5 bedrooms all en-suite - 2 living rooms - Lift - Cinema room - Home Automation - Study/Home Office - Suspended swimming Pool - 2 bedroom BQ - lift. - gym house - Fully fitted kitchen *Location Banana Island, Ikoyi. Rent: $180,000 per annum per house

Banana Island, Ikoyi, Lagos
5 beds
Jerman Ventures Co. LTD
Luxury 4 Bedroom Terrace Duplex — Banana Island, Ikoyi, Lagos
19
₦45,000,000 /yr

House for rent

Luxury 4 Bedroom Terrace Duplex

4 bedroom duplex comes furnished with 2 extra living spaces located in Banana island for rent. Furnitures can be removed. Negotiable

Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets
Propertylounge
Luxury 5 Bedrooms Semi Detached Duplex — Ikoyi, Lagos
2
₦35,000,000 /yr

Semi-detached duplex for rent

Luxury 5 Bedrooms Semi Detached Duplex

Spacious 5 bedrooms semi detached duplex with bq, hate house, generator set, self serviced @ mojisola onikoyi estate, off banana island road, ikoyi. ₦35m per annum (2 years upfront payment) 10% agency, 10% legal fees, 5% caution deposit.

Ikoyi, Lagos
5 beds 5 baths 6 toilets 3 Parking
De- Duru Isaac Home's
Luxury 5 Bedroom Fully Detached — Banana Island, Ikoyi, Lagos
21
₦30,000,000 /yr

House for rent

Luxury 5 Bedroom Fully Detached

5 bedroom fully detached with 2 living room and a study for rent off Banana island. Rent is 30m, owner wants 2 years. Has BQ and security post Self serviced.

Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets
Propertylounge
Luxury 5 Bedroom Duplex — Banana Island, Ikoyi, Lagos
14
₦160,000,000 /yr

House for rent

Luxury 5 Bedroom Duplex

Super spacious 5 bedroom detached house for rent in Banana island.

Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets
Propertylounge
Luxury 5 Bedroom Duplex — Banana Island, Ikoyi, Lagos
19
₦80,000,000 /yr

Detached duplex for rent

Luxury 5 Bedroom Duplex

For lease: Description: 5 Bedroom fully detached house with 2 rooms Bq and security gate house Location: Banana Island Rent: N80 million Asking Agency Fee: 10% Legal Fee: 5% Caution: 5% Renovations will be done by the owner

Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets
Propertylounge
Luxury 6 Bedrooms Detached Duplex with 2 Rooms BQ and Swimming Pool — Banana Island, Ikoyi, Lagos
16
$150,000 /yr

Detached duplex for rent

Luxury 6 Bedrooms Detached Duplex with 2 Rooms BQ and Swimming Pool

️to let Luxuriously built 6 bedroom detached duplex with 2 rooms bq, fully fitted kitchen, swimming pool, elevator and ample parking space for 8 cars. Location: Banana Island Rent: 150,000 usd (naira equivalent) Service charge: nil Agency: 10% Legal:5% Caution: 5%

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 8 Parking
Mo Resources & Services LTD

Showing 281–292 of 292 properties

Area Guide

About Ikoyi, Lagos

By and large, Ikoyi is a posh neighbourhood with a mishmash of exquisite residential apartments and commercial presence.

Ikoyi borders the Lagos Lagoon and takes up the eastern half of Lagos Island. It is one of the towns that make up the Eti-Osa Local Government Area of Lagos state.

Originally, the British Colonial Governments designated Ikoyi as a residential area for the expatriate community perhaps due to its proximity to the sea. However this arrangement changed with time with big establishments locating their corporate headquarters at Ikoyi. Ikoyi is home to the creme de la creme of the Nigerian society, from diplomats to senior company, business executives and senior public servants.

Read the full area guide
FAQ

Frequently asked questions

The average price of 5 bedroom flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦120,000,000 per annum.

The price of the most expensive 5 bedroom flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦170,000,000 per annum.

The price of the cheapest 5 bedroom flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦35,000,000 per annum.

There are 292 available 5 bedroom flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.

Prices for 5 bedroom flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos range from ₦30,000,000 to ₦1,634,124,226.

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