Nigeria Property Centre

Property for Rent in Banana Island, Ikoyi, Lagos

There are 1,587 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

81–101 of 1,587 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

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
Serene and Well Serviced 2 Bedroom Apartment with BQ, Pool, Gym Etc — Banana Island, Ikoyi, Lagos
Premium
6
$69,999 /yr

Flat / apartment for rent

Serene and Well Serviced 2 Bedroom Apartment with BQ, Pool, Gym Etc

Direct clients preferable Well sized top quality 2 bedroom apartment with bq , swimming pool, gym, etc in Banana Island Estate Ikoyi Rent: $69,999 per annum Agency, legal and caution fees applicable Call Prince Ademola Osinuga International now to pay and move in immediately

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets 2 Parking
Prince Ademola Osinuga International
Premium 4 Bedroom Terrace +bq+pool+gym — Banana Island Estate Ikoyi, Banana Island, Ikoyi, Lagos
Premium
1
₦55,000,000 /yr

Terraced duplex for rent

Premium 4 Bedroom Terrace +bq+pool+gym

Direct clients preferable premium 4 bedroom terrace+ BQ + swimming pool + GYM etc in banana island estate ikoyi rent: N55M per annum exclusive of service charge call prince ademola osinuga international now to pay & move in immediately

Banana Island Estate Ikoyi, Banana Island, Ikoyi, Lagos
4 beds 5 baths 4 toilets 2 Parking
Prince Ademola Osinuga International
Luxury 4 Bedroom Terraced House + Garage — Banana Island, Ikoyi, Lagos
Premium
5
₦50,000,000 /yr

Terraced duplex for rent

Luxury 4 Bedroom Terraced House + Garage

Direct clients preferable Luxury 4 bedroom terrace house + BQ+ GYM + pool+ garage etc within a mini estate in banana island estate + BQ +pool + Gym +Green Area Rent: N50M per annum X 2YRS Exclusive of service charge & closing fees

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Prince Ademola Osinuga International
Luxury 4 Bedroom Apartment + BQ + Tennis Court + Gym + Pool — Banana Island, Ikoyi, Lagos
Premium
8
₦65,000,000

Flat / apartment for rent

Luxury 4 Bedroom Apartment + BQ + Tennis Court + Gym + Pool

Direct clients preferable Luxury 4 bedroom apartment + BQ + pool + GYM + tennis court + squash etc in banana island estate Rent: N65M per annum Exclusive of service charge Call prince ademola osinuga international now to pay & move in immediately

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Prince Ademola Osinuga International
Newly Built Luxury 4 Bedroom Maisonette+bq+pool+gym — Off Banana Island Road, Ikoyi, Lagos
Premium
8
₦70,000,000

Terraced duplex for rent

Newly Built Luxury 4 Bedroom Maisonette+bq+pool+gym

Direct clients preferable Luxury 4 bedroom maisonette apartment + BQ + pool + GYM off banana island road ikoyi Rent: N70M per annum Exclusive of service charge Call prince ademola osinuga international now to pay & move in immediately

Off Banana Island Road, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Prince Ademola Osinuga International
3 Bedroom Furnished Apartment with Pool — Banana Island, Ikoyi, Lagos
Premium
13
₦45,000,000 /yr

Flat / apartment for rent

3 Bedroom Furnished Apartment with Pool

A fully furnished 3-Bedroom apartment on the 2nd Floor with a swimming pool, Gym, Elevator, housekeepers, Chef on-demand, 24-hour power, 2 car parks + 1 Visitor Car Park, 2 big balconies, and other modern amenities @ Banana Island. Rent: ₦45M per annum Service Charge: ₦3M Agency: 10% Legal: 10% Caution Deposit: 5% Note: Can be rented out unfurnished

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 3 Parking
Michael Adekojo & Company
Furnished 2 Bedroom Flat — Banana Island, Ikoyi, Lagos
Premium
7
₦35,000,000 /yr

Flat / apartment for rent

Furnished 2 Bedroom Flat

Fully furnished 2-bedroom waterfront apartment (2nd Floor) Location: 3rd Avenue, Banana Island Estate, Ikoyi Key features: - Fully fitted kitchen - Waterfront swimming pool & gym - Waterfront views - Box & laundry rooms - 24-hour power supply - 24-hour security personnel on-site - And more (No BQ) Rent: ₦35M p.a. 2 Years Upfront (let's have your offer) Service charge: ₦9.25M Caution fee: ₦3M Agency & legal fee: Applicable Please note: Strictly no-pets policy.

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets
Mo Resources & Services LTD
Fully Furnished 2 Bedroom Maisonette — Banana Island, Ikoyi, Lagos
Premium
8
₦50,000,000

House for rent

Fully Furnished 2 Bedroom Maisonette

To let Fully furnished 2 bedeoom house with fitted kitchen, ensuite rooms and self compound and standby generator. Location: Banana island Rent: 50M Agency: 10% Legal:10% Caution: 2m

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets 4 Parking
Mo Resources & Services LTD
Premium
₦50,000,000 /yr

Terraced duplex for rent

4 Bedroom Terraced Duplex with 2 Rooms BQ with Ocean View Balcony

4 Bedroom terrace duplex with 2 rooms BQ with ocean view balcony, 2 parlors & garage location: Banana Island, Ikoyi rent: 50M/Annum agency: 10% Legal:10% caution: 10%

Banana Island, Ikoyi, Lagos
4 beds 5 baths 5 toilets
Naeleseneh Properties LTD
A Spacious 5 Bedroom Detached House with Inbuilt Service Quarters, — Banana Island, Ikoyi, Lagos
Premium
9
₦170,000,000 /yr

Detached duplex for rent

A Spacious 5 Bedroom Detached House with Inbuilt Service Quarters,

For lease: Description: A spacious 5 Bedroom Detached House with Inbuilt Service Quarters, strategically located within the prestigious Banana Estate, Ikoyi. Location: Banana Island, Ikoyi Property Details - 5 Bedrooms - Inbuilt Service Quarters - Spacious Living Areas - Functional Kitchen Layout - Parking for 6 to 8 cars - Secure & Serene Residential Environment Rent: ₦170,000,000 Caution Deposit: 10% Agency Fee: 10% Legal Fee: 10% Pictures available upon request.

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
O B I S Real Property LTD
Fully Serviced Three Bedroom Apartments with BQ — Banana Island, Ikoyi, Lagos
Premium
11
₦50,000,000 /yr

Flat / apartment for rent

Fully Serviced Three Bedroom Apartments with BQ

Fully Serviced Three Bedroom Apartments With bq Available for rent Location- Banana Island Ikoyi Lagos Breakdown Rent - 50 Million Naira ( per annum) Agency - 10% Legal - 10% Caution- 10% Service Charge- 1 Million Naira ( per quarter )

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets
O B I S Real Property LTD
Luxury 4 Bedroom Terrace Duplex with BQ, Swimming Pool, Gym & Jetty — Banana Island Road, Ikoyi, Lagos
Premium
9
₦70,000,000 /yr

Terraced duplex for rent

Luxury 4 Bedroom Terrace Duplex with BQ, Swimming Pool, Gym & Jetty

Ref: Lea - nse - 7 Luxury 4 Bedroom Terrace Duplex with BQ, Swimming Pool, Gym & Jetty Location: Banana Island Road, Ikoyi Rent: 70m Per Annum Service Charge: 6m (Including Diesel) Diesel Deposit: 3m Caution Fee: 5% Rent Agency: 10% Rent Legal: 10% Rent For more information, contact 08180295362

Banana Island Road, Ikoyi, Lagos
4 beds 4 baths 5 toilets 4 Parking
No SQM Escapes
Tastefully Finished 4-Bedroom Terrace with an Attic Room, an Atrium. — Banana Island, Ikoyi, Lagos
Premium
14
₦40,000,000

House for rent

Tastefully Finished 4-Bedroom Terrace with an Attic Room, an Atrium.

Location: Dew of Hermon, Banana island. Features: Gated, Serene and Secured Estate All en-suite bedrooms with guest toilet. 24/7 Power Supply with personal prepaid meter (Pay as you use) Swimming pool, Sit out Lounge Fully equipped Gym Balconies Ample parking with maximum Security. fitted kitchen Rental Value: 40 million Naira Agency @ 10% of rental value Legal @ 10% of rental value Refundable caution deposit: 2.5million Naira Service charge: 2.8million Diesel deposit: 500k Power: N217/kwt

Banana Island, Ikoyi, Lagos
4 beds 5 baths 5 toilets
Lawrence Platinum Limited
Luxury 3 Bedroom 7th Floor with BQ Acs Gym Pool Elevator 24/7 Light — Banana Island, Ikoyi, Lagos
Premium
1
₦80,000,000 /yr

Flat / apartment for rent

Luxury 3 Bedroom 7th Floor with BQ Acs Gym Pool Elevator 24/7 Light

luxuriously built 3bedroom apartment with BQ swimming pool gym 24hours light elevator at banana Island Ikoyi Rent 80m Agency legal and caution 10 percent Service charge 5m

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Wifis and Avaland
Luxury 3 Bedroom with BQ Acs Gym Elevator 24hours Light Pool — Banana Island, Ikoyi, Lagos
Premium
22
₦80,000,000 /yr

Flat / apartment for rent

Luxury 3 Bedroom with BQ Acs Gym Elevator 24hours Light Pool

To Let semi Most luxury built 3bedroom apartment with BQ, swimming pool gym 24hours elevator light at Banana Island Ikoyi Rent 80m Service charge 5m Agency 10% Caution 10% Legal 10% Light pay as you use Pictures available

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Wifis and Avaland
Luxury 4 Bedroom Terrace House + BQ + Pool + Gym — Banana Island, Ikoyi, Lagos
Premium
6
₦55,000,000 /yr

Terraced duplex for rent

Luxury 4 Bedroom Terrace House + BQ + Pool + Gym

Direct clients preferable Luxury & quiet 4 bedroom terrace house + bq swimming pool+ gym in banana island estate Rent: n55m per annum Call prince ademola osinuga international now to pay & move in immediately

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Prince Ademola Osinuga International
Luxury 4 Bedrooms Terraced House + BQ + Pool — Banana Island, Ikoyi, Lagos
Premium
2
₦40,000,000 /yr

Terraced duplex for rent

Luxury 4 Bedrooms Terraced House + BQ + Pool

Direct clients preferable luxury 4 bedroom terrace house with BQ + pool etc in banana island estate ikoyi Rent: N40M per annum X 2YRS, exclusive of closing fees Call prince ademola osinuga international now to pay move in immediately

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Prince Ademola Osinuga International
New 4 Bedroom Terrace House / Maisonette — Off Banana Island Road, Ikoyi, Lagos
Premium
6
₦69,990,000 /yr

Terraced duplex for rent

New 4 Bedroom Terrace House / Maisonette

Direct clients preferable New & luxury 4 bedroom terrace house+ bq etc off banana island road in ikoyi Rent: n70m Exclusive of service charge and closing fees

Off Banana Island Road, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Prince Ademola Osinuga International
Luxury 4 Bedroom Terrace House +BQ — Banana Island Estate, Banana Island, Ikoyi, Lagos
Premium
8
₦70,000,000 /yr

Flat / apartment for rent

Luxury 4 Bedroom Terrace House +BQ

Direct clients preferable Premium 4 bedroom terrace house + BQ in Banana Island Estate ikoyi Rent: N70m per annum, exclusive of service charge Closing fees applicable Call prince ademola osinuga international now to pay move in immediately

Banana Island Estate, Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Prince Ademola Osinuga International

Showing 81–101 of 1,587 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 1,587 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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