Nigeria Property Centre

Property for Rent in Banana Island, Ikoyi, Lagos

There are 1,586 flats, houses, land and commercial properties for rent in Banana Island as of 30 Aug 2026, with an average price of ₦55M. 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

61–81 of 1,586 properties for rent

Premium Plus Top promoted listing
3 Bedrooms Waterfront Apartments with BQ
25 photos
₦50,000,000 /yr

Flat / apartment for rent

3 Bedrooms Waterfront Apartments with BQ

Come experience our new 5Star apartment, boasting a spectacular waterfront view, furnished with the most exceptional & impressive interiors, located in the heart of Banana Island, A neighborhood that exudes opulence & grandeur off the foreshore of Ikoyi, Lagos, Rated by Forbes as one of the most expensive & exclusive residences in Africa, They say, "A picture is worth a thousand word" Wonder if these tell a story as we turn a new chapter in the business of luxury, You be the judge. 1year Rent - 50m Service Charge - 5m Agency - 10% Legal - 10% Caution - 5% Note: for clients who are looking to get long leases, this apartment can go as low as 45m annually.

Banana Island, Ikoyi, Lagos
3 Beds 3 Baths 4 Toilets 2 Parking

Colmond Enterprise LTD

Luxurious 5 Bedroom Detached Duplex with BQ, Pool, Elevator, Study — Banana Island, Ikoyi, Lagos
Premium
21
₦150,000,000 /yr

Detached duplex for rent

Luxurious 5 Bedroom Detached Duplex with BQ, Pool, Elevator, Study

For rent!!! Luxurious 5bedroom detached duplex with bq, swimming pool, elevator study Location - Banana Island, Ikoyi Features: - Spacious Living Area - All Rooms En-suite - Swimming Pool - Gym - Elevator - Study Room - Bq - Fitted Kitchen - En-suite Rooms - Family Lounge - Balcony - Fitted Wardrobes - Lightings - Great Neighborhood - 24hours security Rent - N150million Agency - 10% Legal - 10% Caution - 5% Service Charge - N10M

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Trinity CW Home and Property International Limited
2 Bedroom Penthouse with BQ — Ikoyi, Lagos
Premium
7
₦30,000,000 /yr

Flat / apartment for rent

2 Bedroom Penthouse with BQ

CW10309 Experience premium living in this elegant 2 bedroom penthouse with BQ located in the prestigious Banana Island, Ikoyi. The residence offers a serene environment, impressive views, and a spacious double-volume living room complemented by excellent lifestyle amenities. Property Features 2 Bedroom Penthouse Boys Quarter (BQ) Double-Volume Living Room Fitted Kitchen Fitted Air Conditioners Swimming Pool Gym Golf Course Great Views 24/7 Power Supply 24/7 Security Serene Environment Premium Residential Setting This property is ideal for executives, couples, professionals, and corporate tenants seeking a sophisticated penthouse with premium amenities and a tranquil lifestyle in Banana Island. Rental Details Rent: ₦30,000,000 per annum Service Charge: ₦5,000,000 Agency Fee: 10% Legal Fee: 10% Location: Banana Island, Ikoyi, Lagos For more Information, Pricing and Private Viewings Please Contact: Ifunaya : +234 7063990727 Lilian: 09062511340 Email: [email protected] Website: www.cwlagos.com We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Ikoyi, Lagos
2 beds 2 baths 3 toilets
C W Real Estate
5 Bedroom Detached House with Service Quarters — Banana Island, Ikoyi, Lagos
Premium
14
₦130,000,000 /yr

Detached bungalow for rent

5 Bedroom Detached House with Service Quarters

5 Bedroom Detached House with 1 Room Service Quarters Features: - Gym House - Swimming Pool - Security Gatehouse Location: Banana Island, Ikoyi, Lagos Rent: ₦130M per annum

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Advanced Orients & Co
2 Bedroom Waterfront Furnished Maisonette — Banana Island, Ikoyi, Lagos
Premium
15
₦35,000,000 /yr

Flat / apartment for rent

2 Bedroom Waterfront Furnished Maisonette

For rent 2 Bedroom waterfront fully furnished maisonette Location: Banana Island, Ikoyi, Lagos Rent: 35m Legal: 10% Agency: 10% Caution: 10% Service charge: 3m/annum Features: - Fitted Kitchen - Pop Ceilings - Water Treatment - 24hrs Power - Water heater - Walk-in Shower - Car park space - 24hrs Security - Secured Estate - Swimming pool - Gym - Fully furnished Etc Call Princess +2349045656622 for inspection and inquiries.

Banana Island, Ikoyi, Lagos
2 beds 3 baths 3 toilets
Giwa Realty Limited
Tastefully Finished 3 Bedroom Apartment with Great Fittings — Shoreline Drive on Off Banana Island Estate Road, Ikoyi, Lagos
Premium
12
₦35,000,000 /yr

Flat / apartment for rent

Tastefully Finished 3 Bedroom Apartment with Great Fittings

Tastefully finished 3 Bedroom flat with Great Comforts. Olajbatdangbe

Shoreline Drive on Off Banana Island Estate Road, Ikoyi, Lagos
3 beds 4 baths 4 toilets 2 Parking
David Moren Property Services
4 Bedrooms Lovely House (24 Hours Light + Water) — Banana Island Road, Old Ikoyi, Ikoyi, Lagos
Premium
2
₦45,000,000 /yr

Terraced duplex for rent

4 Bedrooms Lovely House (24 Hours Light + Water)

Exquisite Property for rent along Banana Island Road. Type: 4 bedroom Terraced Apartment with BQ. Location: Banana Island Road Services: FM, 24 hours Light & Security, Swimming Pool, Waste disposal, Common services. Rent: 45 million naira Owner is renting as-is . Janet

Banana Island Road, Old Ikoyi, Ikoyi, Lagos
4 beds 4 baths 5 toilets
MR Livingstone Realty
Luxury 4-Bedroom Flat — Old Ikoyi, Ikoyi, Lagos
Premium
16
₦45,000,000 /yr

Flat / apartment for rent

Luxury 4-Bedroom Flat

Letting Luxury 4-bedroom service apartment on a top floor within a well-built residential development on Banana Island arterial road, Ikoyi. Has a pool, gym and lovely aerial view of Ikoyi. Rent: N45m pa Service charge deposit: N571,000 per quarter (4 quarters in a year) Diesel deposit N500k

Old Ikoyi, Ikoyi, Lagos
4 beds 4 baths 5 toilets
MR Livingstone Realty
4 Bedrooms Luxury Modern Duplex with BQ — Banana Island, Ikoyi, Lagos
Premium
15
₦75,000,000

Semi-detached duplex for rent

4 Bedrooms Luxury Modern Duplex with BQ

For rent banana island a well-appointed 4-bedroom detached house located in the prestigious Banana Island, currently undergoing renovation and scheduled to be ready for occupation in July. The property features four spacious en-suite bedrooms, two elegant living rooms, a fully fitted kitchen, and a boys' quarters. Designed for comfortable family living, the home also offers two dedicated parking spaces and quality finishes throughout. Property Features: 4 spacious bedrooms, all en-suite Two living/reception rooms Fully fitted kitchen Boys' quarters (BQ) Two parking spaces Currently being renovated Ready for move-in in July Prime Banana Island location For further information or to arrange a viewing, please get in touch. Rent 75m tanta

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 4 Parking
MR Livingstone Realty
4 Bedrooms Standard Modern & Spacious Apartment — Ocean Parade, Banana Island, Ikoyi, Lagos
Premium
5
₦60,000,000 /yr

Flat / apartment for rent

4 Bedrooms Standard Modern & Spacious Apartment

For lease 4-Bedroom Apartment at Ocean Parade, Banana Island, Ikoyi, Lagos. Sales price: N60M Property Features: - 4 spacious en-suite bedrooms - 1 BQ - Fully fitted modern kitchen - Central air-conditioning - Elevator access - 2 dedicated parking spaces - ⁠Driver's lounge - Swimming pool - ⁠Fully fitted gym - ⁠Tennis & paddle courts - Basketball court - ⁠Jetty access - ⁠Children Play area - ⁠Secure Estate Renovations ongoing

Ocean Parade, Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
MR Livingstone Realty
5-Bedroom Luxury Clean House with BQ — Banana Island Road, Ikoyi, Lagos
Premium
7
₦40,000,000

Terraced duplex for rent

5-Bedroom Luxury Clean House with BQ

To let 2 Units of Spacious 5-Bedroom Terrace Houses with 1-Room BQ Banana Island Road, Ikoyi Features: Spacious living areas 5 en-suite bedrooms 1-room Boys' Quarters (BQ) 3--4 car parking spaces per unit Prime and secure location Rent: ₦40 Million per annum (per unit) Service charge: TBD M consulting

Banana Island Road, Ikoyi, Lagos
5 beds 5 baths 6 toilets 4 Parking
MR Livingstone Realty
Brand Luxury Modern 5 Bedroom Mansion — Banana Island Road, Ikoyi, Lagos
Premium
13
$70,000 /yr

Semi-detached duplex for rent

Brand Luxury Modern 5 Bedroom Mansion

Luxury five 5 Bedroom Semi-detached Houses in ikoyi, off banana island road For rent Feautures include: *Fitted Kitchen *Storage *Laundry Room *5 Bedrooms En-suite *Family Lounge *Water Treatment Plant *Green Area *Service Quarter type a rent - $70,000 type C rent - $80,000 Agency 10% Legal 10% Sc- self serviced Diesel- self serviced. Bring your own Generator

Banana Island Road, Ikoyi, Lagos
5 beds 5 baths 6 toilets
MR Livingstone Realty
Luxury 4-Bedroom Terraces — Ikoyi, Lagos
Premium
25
₦70,000,000 /yr

Terraced duplex for rent

Luxury 4-Bedroom Terraces

For lease -- Luxury 4-Bedroom Terraces Banana Island Road Live Where Luxury Meets Prestige Now available for lease are premium 4-Bedroom Terraces and Maisonettes with a Room BQ on the highly sought-after Banana Island Road, Ikoyi. Designed for those who appreciate elegance, comfort, and security, these residences offer an exceptional lifestyle in an exclusive gated community. Features & Amenities: 4 Spacious En-suite Bedrooms 1 Room Boys' Quarters (BQ) Large Living & Dining Spaces Fully Fitted Modern Kitchen High-End Interior Finishes Swimming Pool Fully Equipped Gym 24-Hour Security Ample Parking Waterfront & Non-Waterfront Units Available Excellent Road Network Premium Residential Environment Annual Rent: Terraces: ₦70 Million Additional Charges: Service Charge: ₦6 Million Power Deposit: ₦4.5 Million Caution Fee: 5% Whether you're seeking a luxurious family home or a prestigious corporate residence, this development offers unmatched comfort, elegance, and convenience in one of Lagos' most exclusive neighborhoods. Schedule your private inspection today.

Ikoyi, Lagos
4 beds 1 bath 5 toilets
Goplug Realty
Luxury 4-Bedroom Apartment with a BQ — Banana Island, Ikoyi, Lagos
Premium
13
₦60,000,000 /yr

Flat / apartment for rent

Luxury 4-Bedroom Apartment with a BQ

For lease -- Luxury 4-Bedroom Apartment with a BQ at Banana Island Live Where Luxury Meets Prestige Now available for lease are premium 4-Bedroom Apartments with a Room BQ on the highly sought-after Banana Island, Ikoyi. Designed for those who appreciate elegance, comfort, and security, these residences offer an exceptional lifestyle in an exclusive gated community. Features & Amenities: 4 Spacious En-suite Bedrooms 1 Room Boys' Quarters (BQ) Large Living & Dining Spaces Fully Fitted Modern Kitchen High-End Interior Finishes Swimming Pool Fully Equipped Gym 24-Hour Security Ample Parking Excellent Road Network Premium Residential Environment Annual Rent:: ₦60 Million Per Annum Whether you're seeking a luxurious family home or a prestigious corporate residence, this development offers unmatched comfort, elegance, and convenience in one of Lagos' most exclusive neighborhoods. Schedule your private inspection today.

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Goplug Realty
Luxury 2 Bedrooms Apartment with Gym Etc. — Banana Island, Ikoyi, Lagos
Premium
9
₦30,000,000 /yr

Flat / apartment for rent

Luxury 2 Bedrooms Apartment with Gym Etc.

Luxury 2 bedrooms Apartment at Banana Island, Ikoyi. Rent -30m Service charge 6m diesel inclusive Agency 10% Legal 10% Caution #2m

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets 2 Parking
Ticino Group
Water Front 2 Bedroom Flat — Banana Island, Ikoyi, Lagos
Premium
1 Video
₦50,000,000 /yr

Flat / apartment for rent

Water Front 2 Bedroom Flat

2 bedroom waterfront (ground floor) for rent at Banana Island. 40M x 2 years 1 year = 50M Service charge 6M Agency 10% Legal 10% Caution 10% Kemi

Banana Island, Ikoyi, Lagos
2 beds
Gui Integrated Concept Limited
2 Units of Spacious 3 Bedroom Apartment with Pool and Gym — Banana Island, Ikoyi, Lagos
Premium
25
₦40,000,000 /yr

Flat / apartment for rent

2 Units of Spacious 3 Bedroom Apartment with Pool and Gym

For rent!!! 2 Units of spacious 3bedroom apartment with swimming pool,elevator & GYM (NOT FURNISHED)(2nd & 3rd Floor Available) Location- Banana Island,Ikoyi Rent -N40million Agency - 10% Legal - 10% Caution- N2.5m Diesel Deposit-N1m Service Charge-N6M Features: - Spacious Living Area - ⁠⁠All Rooms En-suite - ⁠Swimming Pool - ⁠Gym - ⁠Fitted Kitchen - ⁠En-suite Rooms - ⁠Family Lounge - ⁠Balcony - ⁠Fitted Wardrobes - Lightings - ⁠Great Neighborhood - ⁠24hours security

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets
Trinity CW Home and Property International Limited
Newly Renovated 4 Bedroom Luxury Terrace on 3 Level with a Garage — Banana Island, Ikoyi, Lagos
Premium
10
₦50,000,000 /yr

Terraced duplex for rent

Newly Renovated 4 Bedroom Luxury Terrace on 3 Level with a Garage

️to let Newly renovated 4-bedroom luxury terrace on 3-level with a garage within a mini estate Features: - All en-suite, fitted with split unit air conditioners - Fitted kitchen with modern appliances - Garage - Gated community on large grounds with well-manicured lawns overlooking the 5-cowrie creek - Good environment for families with kids - Children's play area - Gym and swimming pool with lagoon view - Ample car park space Rent: 50m x 1yrs 45m x 2 yrs Service charge deposit (inclusive of diesel) N5m Refundable caution deposit N2m Agency: 10% Legal: 10% NB: Corporate tenant required

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 4 Parking
Micon Homes and Interiors
Fully Serviced 4 Bedroom Terraces with BQ, Swimming Pool, Gym — Banana Island, Ikoyi, Lagos
Premium
9
₦60,000,000 /yr

Terraced duplex for rent

Fully Serviced 4 Bedroom Terraces with BQ, Swimming Pool, Gym

Serviced Well Maintained 4 Bedroom Terraces with Bq and Garage in a mini Estate inside Banana Island. Has Child friendly facilities. Gym and Swimming pool. 24 Hours Electricity and Security. Another unit available for N60m per annum.

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Posh Properties
3 Bedroom Furnished Apartment with Pool and Gym — Banana Island, Ikoyi, Lagos
Premium
13
₦50,000,000 /yr

Flat / apartment for rent

3 Bedroom Furnished Apartment with Pool and Gym

A fully furnished 3-Bedroom apartment with a swimming pool, Gym, Elevator, housekeepers, chef on demand, 24-hour power, 2-car park + 1 visitor car park, 1 balcony, and other modern amenities @ Banana Island. Rent: ₦50M per annum Service Charge: ₦5M Agency: 10% Legal: 10% Caution Deposit: ₦2.5M Note: Can be rented out unfurnished

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 3 Parking
Michael Adekojo & Company
Reasonably Priced 3 Bedroom Apartment with BQ, Pool, Gym — Banana Island Estate, Banana Island, Ikoyi, Lagos
Premium
4
₦40,000,000 /yr

Flat / apartment for rent

Reasonably Priced 3 Bedroom Apartment with BQ, Pool, Gym

Direct clients preferable Well sized 3 bedroom apartment with bq in a mini estate, swimming pool, etc in Banana Island Estate Ikoyi Rent: N40M per annum Agency, legal and caution fees 10% each Call Prince Ademola Osinuga International now to pay and move in immediately

Banana Island Estate, Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Prince Ademola Osinuga International

Showing 61–81 of 1,586 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 flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦55,000,000 per annum.

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

The price of the cheapest flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦12,000,000 per annum.

There are 1,586 available 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 flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos range from ₦300,000 to ₦107,326,430,160.

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