Nigeria Property Centre

Property for Rent in Banana Island, Ikoyi, Lagos

There are 1,574 flats, houses, land and commercial properties for rent in Banana Island as of 8 Sep 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

1,281–1,301 of 1,574 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

4 Bedroom Maisonette with BQ in Secured Estate — Banana Island, Ikoyi, Lagos
5
₦45,000,000 /yr

House for rent

4 Bedroom Maisonette with BQ in Secured Estate

For rent ️ Spacious 4 Bedroom Maisonette with BQ inside a secured and gated estate Location: Banana island Ikoyi Price: N45m ( Ground floor ) N50m ( middle floor ) Features- -Ensuite rooms- Aesthetic pop ceilings- Spacious living room - Cctv cameras - Clean water - Top quality tiles - Pantry - Island countertop - Master's suite - 3 parking spaces - Secured estate - Good access roads - Flood free Call us today for Inspection Real Estate Generals

Banana Island, Ikoyi, Lagos
4 beds
Reg Integrated Services
Luxury 4 Bedroom Semi Detached Terrace Styled House+private Garden Etc — Banana Island Estate, Ikoyi, Lagos
6
₦49,999,999 /yr

Terraced duplex for rent

Luxury 4 Bedroom Semi Detached Terrace Styled House+private Garden Etc

Direct & serious clients preferable luxury 4 bedroom terrace styled house + private garden + GYM + BQ + swimming pool etc in a mini estate within banana island estate rent: N50M per annum exclusive of service charge & closing fees call prince ademola osinuga international now to pay & move in immediately

Banana Island Estate, Ikoyi, Lagos
4 beds 3 baths 4 toilets 3 Parking
Prince Ademola Osinuga International
Furnished and Unfurnished 3 Bedroom Apartment — Banana Island, Ikoyi, Lagos
1
₦35,000,000 /yr

Flat / apartment for rent

Furnished and Unfurnished 3 Bedroom Apartment

Direct & serious clients preferable Luxury 3 bedroom apartment + swimming pool + elevator etc in banana island estate ikoyi Rent: Unfurnished: n35m per annum Furnished: n40m per annum Exclusive of service charge & closing fees Call prince ademola osinuga international now to pay & move in immediately

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Prince Ademola Osinuga International
Luxury 3 Bedroom Terraced House +BQ + Pool — Banana Island Estate, Ikoyi, Lagos
9
₦45,000,000 /yr

Terraced duplex for rent

Luxury 3 Bedroom Terraced House +BQ + Pool

Direct & serious clients preferable Luxury 3 bedroom terrace house+ swimming pool in banana island estate ikoyi Rent: n45m per annum Service charge n7m inclusive of diesel Exclusive of closing fees Call prince ademola osinuga international now to pay & move in immediately

Banana Island Estate, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Prince Ademola Osinuga International
Luxury 3 Bedroom Apartment with Excellent Facility — Banana Island, Ikoyi, Lagos
9
₦50,000,000 /yr

Flat / apartment for rent

Luxury 3 Bedroom Apartment with Excellent Facility

To let _*a unit of very spacious 3 Bedroom Apartment with Bq for Rent (Ocean View)_* Location:Banana Island, Ikoyi. Rental Value: N50,000,000 per Annum Agency fee @ 10% of rental value Legal fee @ 10% of rental value Refundable caution deposit: 3,000,000 Service charge: 4 million Naira per Annum (1 million per quarter). Features: Serene environment, 24/7 security, gated, Uniformed security guards with code accees system. Fully serviced with 24/7 power Elevator, Swimming pools, Gym, Tennis court, Basketball court etc. Secured car parking On-site facilities management office Note: 24hrs inspection Notice.

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Simeon@davochi Homes
Waterfront Furnished 2 Bedroom Pent House — Banana Island, Ikoyi, Lagos
16 Video
₦60,000,000 /mo

Flat / apartment for rent

Waterfront Furnished 2 Bedroom Pent House

Furnished Waterfront 2bedroom pent house Location: Banana Island, Lagos. 60,000,000 annual rent Service charge 4,750,000 Agency 10% Legal 10% Caution 10% Features -24/7 uninterrupted power -Two well designed floors -Clean water -Secured estate and compound space -Two car parking space -Fully equipped kitchen with washing machine and dryer -On-site housekeeper(beddings, towels and blankets) -Beautiful Lakeview -Two private balconies -Fully equipped gym -Mini Bar -Swimming pool -PS5

Banana Island, Ikoyi, Lagos
2 beds 2 baths 4 toilets 3 Parking
Micon Homes and Interiors
4-Bedroom Semi-Detached House with a Laundry Room and BQ (Boys' Quarte — Off Banana Island Road, Ikoyi, Lagos
1
₦75,000,000 /yr

Semi-detached duplex for rent

4-Bedroom Semi-Detached House with a Laundry Room and BQ (Boys' Quarte

To let a well-built and fully renovated 4-bedroom semi-detached house with a laundry room and BQ (boys' quarters). Location: Olori Mojisola Onikoyi Estate, Ikoyi Rent: ₦75,000,000 per annum Ownerphil

Off Banana Island Road, Ikoyi, Lagos
4 beds
Charis Estate
₦40,000,000 /yr

Flat / apartment for rent

3 Bedroom Apartment with BQ

3 bedroom apartment with BQ Banana Island Rent 40m Caution 3m Service charge 4m Agency 10% Legal 10%

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets
Hope Land Fresh Property LTD
5 Units of 4 Bedroom Terraced House with 1 Room BQ Each — Banana Island, Ikoyi, Lagos
1
₦50,000,000 /yr

Terraced duplex for rent

5 Units of 4 Bedroom Terraced House with 1 Room BQ Each

For lease 5 Units of 4-Bedroom Terraced Apartments (Each with a Room BQ) Location: D Close, Ogun Street, Banana Island, Ikoyi Rent: ₦50,000,000 per annum per unit Agency, Legal & Caution Fees: 10% each Property Features: Ample parking space Fully fitted kitchen Walk-in closets Fire alarm system Dedicated dining area Air conditioners installed Tenant Preference: Corporate tenant preferred to take all units Shortlet use strictly not allowed #kel

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Paul Osaji & Co.
Waterview 4 Bedroom Terrace Duplex + BQ — Banana Island, Ikoyi, Lagos
10
₦60,000,000 /yr

Terraced duplex for rent

Waterview 4 Bedroom Terrace Duplex + BQ

To let Luxurious Waterview 4Bedrroom terrace with a room Bq & laundry Location: Banana Island estate, ikoyi (Classy Residence) Rent : 60m per annum Service charge : 3.5m Caution : 10% Agency : 10% Legal : 10% Tit

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Jabisco Development Company Limited
Luxury 5 Bedroom Terrace Duplex with Excellent Facilities — Banana Island, Ikoyi, Lagos
16
₦80,000,000 /yr

Flat / apartment for rent

Luxury 5 Bedroom Terrace Duplex with Excellent Facilities

Semi-Direct Brief for lease: Description: 5 Bedroom Terrace Apartment -- Banana Island, Ikoyi a well-finished 5-bedroom terrace apartment in one of Lagos's most exclusive and secure neighborhoods. Designed for convenient luxury living, this home offers premium facilities and the refined lifestyle for which Banana Island is renowned. Property Features - 5 Bedrooms (all en-suite) - Swimming Pool - Fully Fitted Kitchen - Boys' Quarters (BQ) - Secure and Private Environment Rent: N80,000,000 per annum Service charge: N6 million deposit including diesel Agency: 10% Legal: 10% Caution: 5% Pictures available upon request. Mol

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 4 Parking
Davochi Real Homes Limited
Luxury 5 Bedroom Terrace Apartment with Excellent Facility — Banana Island, Ikoyi, Lagos
12
₦80,000,000 /yr

Flat / apartment for rent

Luxury 5 Bedroom Terrace Apartment with Excellent Facility

Semi-Direct Brief for lease: Description: 5 Bedroom Terrace Apartment -- Banana Island, Ikoyi a well-finished 5-bedroom terrace apartment in one of Lagos's most exclusive and secure neighborhoods. Designed for convenient luxury living, this home offers premium facilities and the refined lifestyle for which Banana Island is renowned. Property Features - 5 Bedrooms (all en-suite) - Swimming Pool - Fully Fitted Kitchen - Boys' Quarters (BQ) - Secure and Private Environment Rent: N80,000,000 per annum Service charge: N6 million deposit including diesel Agency: 10% Legal: 10% Caution: 5% Pictures available upon request. Mol

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 4 Parking
Davochi Real Homes LTD.
Newly Built Beautiful 4bedroom Terraced Duplex and Ocean View — Banana Island, Ikoyi, Lagos
14
₦60,000,000 /yr

Terraced duplex for rent

Newly Built Beautiful 4bedroom Terraced Duplex and Ocean View

Luxury 4-Bedroom Terraced Duplex for Rent -- Banana Island, Ikoyi, Lagos Experience premium living in the prestigious Banana Island Estate, Ikoyi. This luxury and spacious 4-bedroom terraced duplex comes with an anteroom, a room BQ, and a dedicated laundry area, designed for comfort and elegance. ? Features: - All rooms en-suite - Spacious living area with modern finishing - Anteroom for guests - Room BQ (Boys' Quarters) - Dedicated laundry space - 24/7 power supply - Serene and highly secured environment - Beautiful waterfront view ?? Rent: ?60,000,000 per annum ?? Service Charge: ?3,500,000 ?? Legal Fee: 10% ?? Agency Fee: 10% ?? Caution Fee: 10%

Banana Island, Ikoyi, Lagos
4 beds 5 toilets
Life Own Property Limited
Furnished 3 Bedroom Apartment with BQ Serviced — Banana Island, Ikoyi, Lagos
17
₦50,000,000 /yr

Flat / apartment for rent

Furnished 3 Bedroom Apartment with BQ Serviced

For rent Unfurnished 3 Bedroom Apartment with BQ Serviced Banana Island, Ikoyi Note: Furniture will be taken out. Rent: 50M S/C: 3M Power: Payg 240 per kilowatt Amenities: - 3 bedroom all en-suite with BQ - Swimming Pool - 24 Security and electricity - Elevator - Dedicated Parking - washing machine/ dryer - DSTV - fully equipped kitchen - wifi -Smart TVs in all rooms - highly secured building

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Egcent Limited
Luxury 3 Bedroom Apartment+ BQ+ Pool+ Gym+elevator — Banana Island, Ikoyi, Lagos
8
₦35,000,000 /yr

Flat / apartment for rent

Luxury 3 Bedroom Apartment+ BQ+ Pool+ Gym+elevator

Direct & serious clients preferable Luxury 3 bedroom apartment + swimming pool + elevator etc in banana island estate ikoyi Rent: n35m per annum Exclusive of service charge & closing fees Call prince ademola osinuga international now to pay & move in immediately

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Prince Ademola Osinuga International
Luxury 4-Bedroom Maisonette with BQ, Pool & Gym - Banana Island — Banana Island, Ikoyi, Lagos
13
₦50,000,000 /yr

House for rent

Luxury 4-Bedroom Maisonette with BQ, Pool & Gym - Banana Island

Luxury 4-Bedroom Maisonette with BQ, Pool & Gym - Banana Island a premium 4-bedroom maisonette with BQ on the 1st floor in the prestigious Banana Island. Enjoy upscale living with access to a swimming pool, gym, and a serene, secure environment---perfect for refined comfort and privacy. Rent: ₦50,000,000 per annum Service Charge: ₦7,500,000 Diesel Deposit: ₦1,000,000 Legal, Caution & Agency: 10% Serious clients only. Schedule an inspection today. #mefran #BananaIslandRentals #BananaIslandLiving #LagosLuxuryHomes #MaisonetteForRent #LagosRealEstate #LuxuryLivingLagos #ApartmentWithBQ #PoolAndGym #PremiumRentals #PatrioticHomes #NigeriaRealEstate

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Patriotic Homes & Property LTD
Ultra Luxury Terrace Duplex with Private Jetty, Direct Waterfront — Parkview, Ikoyi, Lagos
15
₦80,000,000 /yr

House for rent

Ultra Luxury Terrace Duplex with Private Jetty, Direct Waterfront

Luxury 5-bedroom waterfront duplex available for rent in Parkview, Ikoyi, Lagos. 6 Units in a massive spacious compound. This premium property is ideal for high-net-worth tenants, expatriates, diplomats, and corporate executives looking for a secure, spacious, and exclusive residence in one of Ikoyi's most prestigious waterfront neighborhoods. The property sits on G plus 3 floors with a private elevator, offering stunning lagoon views, private jetty access, and modern luxury finishing throughout. Designed for comfort, privacy, and executive living, this residence combines space, security, and lifestyle in a prime Ikoyi location. Property Details: - Rent: N100M / Year for 1 Years Contract - Can do Rent: N80M / Year for 2 Years Contract - Type: Waterfront 5 Bedroom Duplex - Location: Parkview, Ikoyi - Condition: Well finished and Ready to move in - View: Lagoon / Waterfront Key Features: - Private Jetty with lagoon view - Sprawling G plus 3 floors with elevator - All bedrooms en-suite - Large balconies with waterfront views - Fully fitted modern kitchen - Split unit air conditioners installed - Spacious living and dining area - Swimming pool - Fully equipped gym - Dedicated parking space - CCTV surveillance system - 24/7 security - Quiet, secure, high-end neighborhood Why Parkview Ikoyi? Parkview Estate is one of the most secure and exclusive residential areas in Ikoyi, known for its waterfront homes, peaceful environment, and proximity to Banana Island, Victoria Island, Lekki, and the Mainland that houses the International Airport. The area is highly preferred by expatriates, multinational companies, and high-net-worth families. Serious and ready tenants only. No Agents Please! Contact us today to schedule a private viewing of this luxury waterfront residence.

Parkview, Ikoyi, Lagos
5 beds 5 baths 6 toilets 2 Parking
Ejo Properties Limited
Newly Fully Serviced Water Front Fully Furnished Three (3) Bedroom — Banana Island, Ikoyi, Lagos
9
₦60,000,000 /yr

Flat / apartment for rent

Newly Fully Serviced Water Front Fully Furnished Three (3) Bedroom

Tastefully built newly fully serviced water front fully furnished three (3) bedroom in banana island ️ proper now available for letting Location Banana island Rent: N60 Million Naira Service charge: N4 Million Naira Caution fees: 5% of gross rental value Legal fees: 10% of gross rental value Agency fees: 10% of gross rental value

Banana Island, Ikoyi, Lagos
3 beds
His Grace Property
3 Bedroom Apartment +bq+pool+tennis Gym Etc — Banana Island, Ikoyi, Lagos
7
₦44,900,000 /yr

Flat / apartment for rent

3 Bedroom Apartment +bq+pool+tennis Gym Etc

Lowest priced top floor 4 bedroom apartment + bq + pool + tennis + gym etc in a mini estate within banana island Rent: n45m x 2yrs Exclusive of service charge Agency Legal Caution Call prince ademola osinuga now to pay & move in immediately 08124269637 Wesemoyinconsultz@gmail. Com Luxurybargainsmarket@gmail. Com

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Prince Ademola Osinuga International
Luxury 3 Bedroom Apartment with BQ, Pool, Elevator, Gym — Banana Island, Ikoyi, Lagos
7
₦34,999,999 /yr

Flat / apartment for rent

Luxury 3 Bedroom Apartment with BQ, Pool, Elevator, Gym

Direct clients preferable Luxury 3 bedroom apartment +bq+swimming pool + elevator etc in banana island estate ikoyi Rent: n34. 9m Exclusive of service charge Call now to pay & move in immediately

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

Showing 1,281–1,301 of 1,574 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 1,574 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 ₦105,736,224,240.

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