Nigeria Property Centre

Property for Rent in Banana Island, Ikoyi, Lagos

There are 1,565 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

1,401–1,421 of 1,565 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 Terrace & Maisonette — Ikoyi, Lagos
Verified Photos
12
₦70,000,000 /yr

House for rent

4 Bedroom Terrace & Maisonette

For lease Luxury 4-Bedroom Terraces & Maisonettes banana island road, ikoyi Terrace ₦70M Maisonette ₦80M Service charge: N6m Diesel deposit: N4.5m Agency and legal 10% each Caution deposit is 5% Features All rooms ensuite Balcony Fitted kitchen Swimming Pool Gym BQ Please call Emmanuel 08100203228 for inspection

Ikoyi, Lagos
4 beds 4 baths 5 toilets
Joe Etoniru and Associates
5 Units of 4 Bedroom Terraced Duplex with a Room Service Quarter — Banana Island, Ikoyi, Lagos
11
₦75,000,000 /yr

Terraced duplex for rent

5 Units of 4 Bedroom Terraced Duplex with a Room Service Quarter

For lease: Description: 5 units of 4 bedroom terraced apartments with a room service quarter each Location: Banana Island, Ikoyi. Rent: N75 million per annum per unit* Agency, Legal & Caution fee: 10% each Features; Ample parking space Fully fitted kitchen Walk-in closet Fire alarm system Dining area ACs Preferably a corporate tenant to take all Shortlet use not allowed Ella

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 4 Parking
PM Homes Nig
3 Bedroom Terrace Duplex — Banana Island, Ikoyi, Lagos
9
₦65,000,000 /yr

Terraced duplex for rent

3 Bedroom Terrace Duplex

For lease: 3-Bedroom Terrace Apartment -- Banana Island, Ikoyi a well-finished 3-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 Banana Island is known for. Available for occupation by November/December. Property Features - 3 Bedrooms (all en-suite) - Swimming Pool - Fully Fitted Kitchen - Laundry Area - Boys' Quarters (BQ) - Secure and Private Environment Rent ₦65,000,000 per annum Service charge: 8.5 million deposit

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets
Kmoyo Empire
5 Bedroom Terrace Apartment — Banana Island, Ikoyi, Lagos
10
₦80,000,000 /yr

Flat / apartment for rent

5 Bedroom Terrace Apartment

Description: 5 Bedroom Terrace Apartment located off 3rd Avenue,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 Banana Island is known for. 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% Gou.jos

Banana Island, Ikoyi, Lagos
5 beds
Abbey & Co
Furnished 3 Bedrooms Apartment with Pool & Gym — Banana Island, Ikoyi, Lagos
11
₦40,000,000 /yr

Flat / apartment for rent

Furnished 3 Bedrooms Apartment with Pool & Gym

Semi Direct Water-view 3 Bed available @ Banana Island Water view Fully Furnished 3 Bedroom Apartment within a very serene neighbourhood. Location: Banana island road, Ikoyi Lagos Rent: ₦40M (per annum) Features: - Fully furnished - ⁠high speed internet - ⁠Netflix - ⁠fitted kitchen - ⁠balconies(water view) - ⁠dining area - ⁠shower cubicle - ⁠smart door lock - ⁠elevator - ⁠24hrs security and electricity - ⁠Carpark of 2 - ⁠Swimming pool - ⁠Gym - ⁠Gaming room - ⁠Interactive Arts display - ⁠treated water

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Genesis Gem Realty LTD
Luxurious 5 Bedroom Terrace Duplex + BQ — Banana Island, Ikoyi, Lagos
17
₦80,000,000 /yr

Terraced duplex for rent

Luxurious 5 Bedroom Terrace Duplex + BQ

for Lease* Description: 5 Bedroom Terrace Apartment located off 3rd Avenue,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 Banana Island is known for. 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% Val

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Jabisco Development Company Limited
Luxurious 3 Bedroom Terrace Duplex + BQ — Banana Island, Ikoyi, Lagos
9
₦65,000,000 /yr

Terraced duplex for rent

Luxurious 3 Bedroom Terrace Duplex + BQ

To let for lease: 3-Bedroom Terrace Apartment -- Banana Island, Ikoyi a well-finished 3-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 Banana Island is known for. Available for occupation by November/December. Property Features - 3 Bedrooms (all en-suite) - Swimming Pool - Fully Fitted Kitchen - Laundry Area - Boys' Quarters (BQ) - Secure and Private Environment Rent ₦65,000,000 per annum Service charge: 8.5 million deposit As gency 10% Legal 10% Caution 10% Olu

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets
Jabisco Development Company Limited
5 Bedroom Terrace Duplex with 2 Rooms' BQ, Swimming Pool & Elevator — Banana Island, Ikoyi, Lagos
19
$100,000 /yr

House for rent

5 Bedroom Terrace Duplex with 2 Rooms' BQ, Swimming Pool & Elevator

Exquisitely Finished 5-Bedroom Townhouse Banana Island $100,000 Luxury meets functionality in this beautifully detailed 5-bedroom townhouse located in the heart of Banana Island, Ikoyi. Designed for premium living, the property features a private elevator, adjoining home office, and top-tier automation throughout. Location: Banana Island, Ikoyi Rent: $100,000 (2 years preferred) Service Charge: ₦10,000,000 Agency: 10% Legal: 10% Caution: 10% Comes with: Swimming Pool - Private Elevator - Full Home Automation - All Rooms Ensuite - Penthouse - Family Lounge - Adjoining Home Office - 2 BQs - Laundry Room - Box Room - Covered Sit-out - pop Ceilings - Spot Lighting - Chandeliers - Sound System - Spacious Living Room - CCTV Cameras - Video Door Bell Security - Pantry - Island Countertop - Master's Suite - Walk-in Closet - Walk-in Shower - Jacuzzi - Custom Vanity - Top Quality Tiles - Clean Water Supply - 5 Parking Spaces - Gate House - Secured Estate - Good Access Roads - Flood-Free Environment NB: Property is fully completed and habitable. Dav

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 5 Parking
Kehinde Akintobi & Co. Limited
1, 000 SQM of Office Space — Banana Island, Ikoyi, Lagos
6
$600 per sq.m / p.a.

Office space for rent

1, 000 SQM of Office Space

Elevate Your Brand at the Pinnacle of Ikoyi's Commercial Landscape Now Leasing Grade a Office & Retail Spaces Ikoyi, Lagos Unlock prestige, visibility, and functionality with this ultra-modern commercial masterpiece located in the heart of Banana island Ikoyi -- Lagos' most exclusive business enclave. Ideal for: Multinational HQs HNWIs Property Highlights: Lettable Spaces & Layout options Available Full floor : 1,020 sqm Half floor: 510 sqm Quarter floor: 255 sqm Premier Office Spaces In Banana Island, Ikoyi, Lagos featuring two towers of Grade a luxury office spaces with premium support facilities. Strategically located on the waterfront of Banana Island, Ikoyi, Lagos, the towers are designed to offer an exceptional business environment that blends elegance, functionality, and world-class standards. Building Features Tower a: 10 floors (including ground floor) Tower B: 11 floors (including ground floor) 1,020 m2 of lettable office space per floor on 7 floors of each tower - totaling approximately 15,000 m2 of office space 220 m2 of lettable office space on the ground floor of each tower Premium coffee and confectionery shop Two passenger elevators and one freight/service/maintenance elevator in each tower Five-storey elevated secure parking structure Main lobby and entrance lobby equipped with CCTV surveillance and access control systems Toilet facilities on every floor Full-height insulated glazing Low-E tinted glazing for energy efficiency and thermal comfort Energy-efficient building envelope designed to minimize environmental impact Public address system and internal music/sound system for common areas Gym and fitness center for tenants Water fountain feature at entrance Raised floor system to facilitate data cabling and flexible office layout Full fire sprinkler for safety and water capacity Standby generators for full power redundancy 7-day generator diesel storage 5-day portable water storage State-of-the-art building management Luxury Features & Smart Infrastructure: Premium spaces with full height glazed panels for natural light. Executive enclosed offices , meeting rooms . Installed kitchenette, outdoor sitting Plug and play. Elevators & fire escape stairwells Access Control, CCTV, Intercom, Internet & Radio Mast Highly Efficient hvac 4 Standby Generators for 24/7 Power Italian sanitary fittings & sleek kitchenettes Sun-shield louvre panels & double-glazed low-emission windows Rental Rate: $650/sqm per annum Viewings & Inquiries: Call/WhatsApp: +234 803 811 1032 +234 909 826 0814 +234 802 353 1926 --- Position your business where legacy meets luxury. Book your exclusive viewing today.

Banana Island, Ikoyi, Lagos
News Realty Limited
Furnished 3 Bedroom (Sea View) — Banana Island, Ikoyi, Lagos
18
₦45,000,000 /yr

House for rent

Furnished 3 Bedroom (Sea View)

Banana island rent (sea view) for rent: Fully Serviced Furnished 3-Bedroom Apartment (waterfront view) with Swimming Pool and Gym Location: Banana Island Road, Ikoyi, Lagos, Nigeria. Rent: 45,000,000 per annum Refundable caution deposit: 10% Legal fee: 10% Agency fee: 10% Service charge: ₦1,200,000 per annum. Plus

Banana Island, Ikoyi, Lagos
3 beds 4 baths 4 toilets 3 Parking
Go Global Realty
5 Units of 4 Bedroom Terrace Duplex with Boy's Quarters — Banana Island, Ikoyi, Lagos
23
₦75,000,000 /yr

Terraced duplex for rent

5 Units of 4 Bedroom Terrace Duplex with Boy's Quarters

Tastefully finished 5 units of 4 bedroom terraced apartments with a room service quarter each Location: Banana Island, Ikoyi *Rent: 75m per annum per unit Service charge: 3.5m exclusive of power Service charge covers, Security, water, cleaning of common areas, lightning of common areas, fumigation... Features; Ample parking space Fully fitted kitchen Walk-in closet Fire alarm system Dining area ACs Preferably a corporate tenant to take all or multiple units Not for shortlet Certi

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 3 Parking
Kehinde Akintobi & Co. Limited
Affordable and Spacious 3 Bedroom Apartment + BQ — Banana Island, Ikoyi, Lagos
14
₦40,000,000 /yr

Flat / apartment for rent

Affordable and Spacious 3 Bedroom Apartment + BQ

A spacious 3-bedroom apartment with BQ, located in a secure gated estate in the prestigious Banana Island, Ikoyi. Ideal for luxury living with premium amenities. Location: Banana Island, Ikoyi Rent: ₦40,000,000 Agency: 10% Legal: 10% Caution: 10% Service Charge: ₦5,000,000 (covers diesel only; public power excluded) Amenities: Swimming pool - 24-hour power supply - BQ - Gated estate - Secure environment

Banana Island, Ikoyi, Lagos
3 beds 3 baths 3 toilets 2 Parking
House Davanni Realty LTD
Newly Built Luxury 5 Bedrooms Terraced House + BQ + Pool — Banana Island, Ikoyi, Lagos
1
₦145,999,000 /yr

Terraced duplex for rent

Newly Built Luxury 5 Bedrooms Terraced House + BQ + Pool

Direct clients ready to make payment immediately Newly built luxury 5 bedroom terrace house + bq + swimming pool etc in Banana Island estate Rent: ₦145,999,000 per annum In your best interest, deal with certified and trusted real estate professionals at no extra cost. Call Prince Ademola Osinuga now to pay & move in immediately 08124269637 Wesemoyinconsultz@gmail. Com Luxurybargainsmarket@gmail. Com

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 3 Parking
Prince Ademola Osinuga International
Luxury 5 Bedrooms Terraced Duplex — Banana Island, Ikoyi, Lagos
17
₦80,000,000 /yr

Terraced duplex for rent

Luxury 5 Bedrooms Terraced Duplex

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 Banana Island is known for. 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: 10% Tsn

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 3 Parking
Hayjay Proper Links
Fully Serviced Furnished 3-Bedroom Apartment (Waterfront View) — Banana Island, Ikoyi, Lagos
25
₦45,000,000 /yr

Flat / apartment for rent

Fully Serviced Furnished 3-Bedroom Apartment (Waterfront View)

Fully Serviced Furnished 3-Bedroom Apartment (waterfront view) with Swimming Pool and Gym Location: Banana Island Road, Ikoyi, Lagos, Nigeria Rent: ₦45,000,000 per annum Refundable caution deposit: 10% Legal fee: 10% Agency fee: 10% Service charge: ₦1,200,000 per annum For inquiries and inspections, Forward a direct message or Call: (+23490555559001 or 08118838961) Patriotic Homes & Property Ltd

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets
Patriotic Homes & Property LTD
Luxury 3 Bedroom Apartment + Bq+tennis+gym Pool — Banana Island, Ikoyi, Lagos
4
₦40,000,000 /yr

Flat / apartment for rent

Luxury 3 Bedroom Apartment + Bq+tennis+gym Pool

Luxury 3 bedroom apartment + bq + gym + pool + tennis court + garden + kids play area etc in a mini estate within banana island estate ikoyi Rent: n40m per annum exclusive of service charge Agency, legal, caution fees 10% 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
New Luxury 4 Bedroom Terrace House +bq+pool — Banana Island, Ikoyi, Lagos
8
₦145,000,000 /yr

Terraced duplex for rent

New Luxury 4 Bedroom Terrace House +bq+pool

Only serious clients New luxury 4 bedroom terrace house+ bq + swimming pool etc in banana island estate ikoyi Price: n145m per annum Call prince ademola osinuga now to pay & move in immediately 08124269637 Wesemoyinconsultz@gmail. Com Luxurybargainsmarket@gmail. Com

Banana Island, Ikoyi, Lagos
4 beds 5 baths 6 toilets 2 Parking
Prince Ademola Osinuga International
Luxury 5 Bedrooms Fully Detached Duplex with BQ, 40kva Generator — Off Banana Island Road, Ikoyi, Lagos
18
₦100,000,000 /yr

Detached duplex for rent

Luxury 5 Bedrooms Fully Detached Duplex with BQ, 40kva Generator

5-bedroom fully detached house -- ikoyi a tastefully finished 5-bedroom fully detached house located within a prime and secure estate in Ikoyi. All bedrooms are en-suite, offering comfort, privacy, and modern living. Property Features: 5 spacious en-suite bedrooms Fully detached structure Boys' quarters (BQ) Gate/guard house 40kva standby generator Reverse osmosis water purification plant Ample parking space Serene and secure estate environment This property is ideal for executives, diplomats, or corporate tenants seeking premium living in a highly desirable Ikoyi location. Rent : N100m

Off Banana Island Road, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Actvision Integrated Resources LTD
4 Bedroom Terrace Duplex with BQ, Acs, Ample Parking Lot — Banana Island, Ikoyi, Lagos
12
₦50,000,000 /yr

Terraced duplex for rent

4 Bedroom Terrace Duplex with BQ, Acs, Ample Parking Lot

For lease: Description: 5 units of 4 bedroom terraced apartments with a room service quarter each Location: Inside Banana Island Ikoyi. Rent: N50million (2yrs) Features; Ample parking space Fully fitted kitchen Walk-in closet Fire alarm system Dining area ACs Preferably a corporate tenant to take all Shortlet use not allowed Call/Whatsapp - 08025262007/07035299955

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Sinclaire Homes LTD
Spacious 3-Bedroom Apartment — Banana Island, Ikoyi, Lagos
7
₦65,000,000 /yr

Flat / apartment for rent

Spacious 3-Bedroom Apartment

For lease: 3-Bedroom Apartment -- Banana Island, Ikoyi a well-finished 3-bedroom 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 Banana Island is known for. Available for occupation by November/December. Property Features - 3 Bedrooms (all en-suite) - Swimming Pool - Fully Fitted Kitchen - Laundry Area - Boys' Quarters (BQ) - Secure and Private Environment Rent; ₦65,000,000 per annum Service charge: ₦8.5 million deposit Agency/Legal/Caution: 10% each

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets
Tinell's Property

Showing 1,401–1,421 of 1,565 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 1,565 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 ₦105,722,379,120.

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