Nigeria Property Centre

Property for Rent in Banana Island, Ikoyi, Lagos

There are 1,562 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

1,421–1,441 of 1,562 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

Luxury 5 Bedrooms Terraced Duplex with BQ and Swimming Pool, Gym — Banana Island, Ikoyi, Lagos
12
₦80,000,008 /yr

Terraced duplex for rent

Luxury 5 Bedrooms Terraced Duplex with BQ and Swimming Pool, Gym

*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: ₦80,000,000 per annum Service charge: ₦6 million deposit including diesel Agency: 10% Legal: 10% Caution: 5% Pictures available upon request.

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 2 Parking
Benlary Reality Home
5 Units of 4-Bedroom Terraced Apartments (Each with a Room BQ) — Banana Island, Ikoyi, Lagos
8
₦75,000,000 /yr

Flat / apartment for rent

5 Units of 4-Bedroom Terraced Apartments (Each with a Room BQ)

5 Units of 4-Bedroom Terraced Apartments (Each with a Room BQ) Location: Banana Island, Ikoyi Rent: ₦75,000,000 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

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Planwell Homes Limited
5 Units of 4 Bedroom Terrace Duplex — 2nd Avenue, Banana Island, Ikoyi, Lagos
12
₦50,000,000 /yr

House for rent

5 Units of 4 Bedroom Terrace Duplex

Direct Brief for Lease Description: Tastefully finished and partly furnished 5 units of 4 bedroom terraced apartments with a room service quarter each Location: Banana Island, Ikoyi Rent: 50 million per annum per unit Service charge - #3.5 million Agency 10% Legal 10% Caution deposit 10% 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 Long lease required

2nd Avenue, Banana Island, Ikoyi, Lagos
4 beds 5 baths 5 toilets 2 Parking
Munificient Properties Nig LTD
Ready to Move in 3 Bedrooms Furnished Apartment — Banana Island, Ikoyi, Lagos
14
₦40,000,000 /yr

Flat / apartment for rent

Ready to Move in 3 Bedrooms Furnished Apartment

Fully serviced and beautifully furnished 3-bedroom apartment with stunning waterfront views, swimming pool, gym, and top-notch facilities in a serene and exclusive neighborhood on Banana Island Road. Location: Banana Island Road, Ikoyi, Lagos Rent: ₦40,000,000/Year Caution: ₦4,000,000/Year Legal: ₦4,000,000/Year Agency: ₦4,000,000/Year Service Charge: ₦1,200,000/Year Features: Waterfront view - Fully furnished - All rooms ensuite - Modern fitted kitchen - Swimming pool - Gym - Spacious living & dining area - 24/7 power & security - Serene environment - Ample parking

Banana Island, Ikoyi, Lagos
3 beds 3 baths 3 toilets 3 Parking
House Davanni Realty LTD
Fully Serviced Three Bedroom Apartments with BQ — Banana Island, Ikoyi, Lagos
11
₦45,000,000 /yr

House for rent

Fully Serviced Three Bedroom Apartments with BQ

Fully Serviced Three Bedroom Apartments With bq Available for rent Location- Banana Island Ikoyi Lagos rent - 45 Million Naira Agency - 10% Legal - 10% Caution- 10% Service Charge- 1 Million Naira ( per quarter )

Banana Island, Ikoyi, Lagos
3 beds 4 baths 4 toilets 3 Parking
Go Global Realty
Premium Furnished 2 Bedroom Flat — Banana Island, Ikoyi, Lagos
17
₦28,000,000 /yr

Flat / apartment for rent

Premium Furnished 2 Bedroom Flat

To let Description: Furnished 2-Bedroom Flat Location: Banana Island, Ikoyi Rent: N28M per annum Service Charge: N1.9M Caution fee 4m Agent fee 10% Legal fee 10%

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets 2 Parking
Paul Osaji & Co.
Luxury Waterfront 3 Bedrooms Fully Furnished Apartment — Banana Island, Ikoyi, Lagos
18
₦50,000,000 /yr

Flat / apartment for rent

Luxury Waterfront 3 Bedrooms Fully Furnished Apartment

See pictures Direct banana island ikoyi for rent waterfront 3bedroom apartment A waterfront luxury and furnished 3bedroom apartment for rent in banana island ikoyi. features ------------ - swimming pool - bq - ⁠all room en-suite - master bedroom - large sized living room. - ⁠quiet street and serene neighborhood - ⁠store - ⁠fitted kitchen - dining - ⁠pantry - ⁠pop ceiling - ⁠smoke detector - ⁠water heater. rent : n50m/annum. agency : 10% legal : 10% service charge : n3. 5m (for communal services). power/diesel : pay as you use. available for instant possession.

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Benlary Reality Home
Fully Furnished 3 Bedroom Serviced Apartment with BQ (4th Floor) — Banana Island, Ikoyi, Lagos
13
₦50,000,000 /yr

Flat / apartment for rent

Fully Furnished 3 Bedroom Serviced Apartment with BQ (4th Floor)

Fully furnished 3 Bedroom Serviced Apartment with bq (4th floor) Location: Banana Island Road, Ikoyi Rent: 50M Service charge: 3M Diesel & Phcn: Metered Agency: 10% Legal: 10% Caution: 2M Facilities: 24/7 power supply Security Treated water Fitted kitchen Treated water Elevator Maids room Storage space Swimming pool Gym

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets
Patriotic Homes & Property LTD
Luxury Furnished 5 Bedroom Town House with BQ — Off Banana Island Road, Old Ikoyi, Ikoyi, Lagos
11
₦80,000,000 /yr

Semi-detached duplex for rent

Luxury Furnished 5 Bedroom Town House with BQ

Brief: Furnished 5 bedroom Town house with bq, pool, gym, snooker and table tennis. @ Old Ikoyi. Rent ₦80m per annum also available for short let. Vic

Off Banana Island Road, Old Ikoyi, Ikoyi, Lagos
5 beds 5 baths 6 toilets 5 Parking
Upper-Link Realtors
Waterfront 3 Bedroom Flat with BQ on 5th Floor — Ocean Parade Towers, Banana Island, Ikoyi, Lagos
7
₦60,000,000 /yr

Flat / apartment for rent

Waterfront 3 Bedroom Flat with BQ on 5th Floor

To let Fully serviced and waterfront 3 bedroom flat with bq, fitted kitchen, en-suite rooms, gym, swimming pool and elevator on the 5th floor in Ocean Parade towers. Location: Banana island Rent: ₦60m Service charge: ₦8.5m Nb: for clients only

Ocean Parade Towers, Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 3 Parking
Mo Resources & Services LTD
Luxury 4 Bedroom Semi Detached House +bq+pool in a Mini Estate — Banana Island Estate, Banana Island, Ikoyi, Lagos
12
₦51,000,000 /yr

Semi-detached duplex for rent

Luxury 4 Bedroom Semi Detached House +bq+pool in a Mini Estate

Direct clients only Luxury 4 bedroom semi detached house + 2 bq + pool etc in Banana Island estate, Ikoyi Rent: ₦51m per annum Call Prince Ademola Osinuga now to pay & move in immediately 08124269637 Wesemoyinconsultz@gmail. Com Luxurybargainsmarket@gmail. Com

Banana Island Estate, Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 3 Parking
Prince Ademola Osinuga International
Furnished 3 Bedroom Apartment+bq+pool+gym — Banana Island, Ikoyi, Lagos
9
₦59,999,999 /yr

Flat / apartment for rent

Furnished 3 Bedroom Apartment+bq+pool+gym

Direct clients only Furnished 3 bedroom apartment+ bq+ swimming pool + gym etc in banana island estate ikoyi Rent: n59,999,999 Agency 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
City Facing 4 Bedrooms Apartment + BQ — Banana Island Estate, Ikoyi, Lagos
5
₦60,000,000 /yr

Flat / apartment for rent

City Facing 4 Bedrooms Apartment + BQ

4 Bbedroom Apartment + bq + swimming pool +tennis court+ basketball etc in Banana Island Estate, Ikoyi Rent: N60m per annum Service charge N8m Caution N2m Call Prince Ademola Osinuga now to pay & move in immediately 08124269637 Wesemoyinconsultz@gmail. Com Luxurybargainsmarket@gmail. Com

Banana Island Estate, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Prince Ademola Osinuga International
Luxury 4 Bedroom Terrace House +2bq+pool — Banana Island, Ikoyi, Lagos
8
₦59,990,000 /yr

Terraced duplex for rent

Luxury 4 Bedroom Terrace House +2bq+pool

Direct clients only Luxury 4 bedroom terrace house+ bq+ pool etc in banana island estate ikoyi Rent: n59. 9m per annum Exclusive of service charge Call prince ademola osinuga now to pay & move in immediately 08124269637 Wesemoyinconsultz@gmail. Com Luxurybargainsmarket@gmail. Com

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 3 Parking
Prince Ademola Osinuga International
Fully Furnished 4 Bedroom Semi Detached Townhouse+bq+pool — Off Banana Island Road, Ikoyi, Lagos
9
₦55,000,000 /yr

Semi-detached duplex for rent

Fully Furnished 4 Bedroom Semi Detached Townhouse+bq+pool

Direct clients only Luxury & furnished 4 bedroom Semi Detached House + bq + off Banana Island Road Ikoyi Price: ₦55m per annum Agency 10% legal fees 10% Contact Prince Ademola Osinuga now to pay & move in immediately 08124269637 Wesemoyinconsultz@gmail. Com Luxurybargainsmarket@gmail. Com

Off Banana Island Road, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Prince Ademola Osinuga International
Luxury 4 Bedroom Apartment+bq+tennis Court+pool+gym — Banana Island, Ikoyi, Lagos
9
₦59,055,555 /yr

Flat / apartment for rent

Luxury 4 Bedroom Apartment+bq+tennis Court+pool+gym

Direct clients only Luxury 4 bedroom apartment+ bq + gym + swimming pool + squash + basketball etc Location: Banana Island estate, Ikoyi Price: ₦59,055,055 Service charge: ₦8m Agency 10% Call Prince Ademola Osinuga now to pay & move in immediately 08124269637 Wesemoyinconsultz@gmail. Com Luxurybargainsmarket@gmail. Com

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Prince Ademola Osinuga International
Premium 4 Bedroom Apartment+bq+pool+tennis+squash Etc — Banana Island, Ikoyi, Lagos
1
₦59,000,555 /yr

Flat / apartment for rent

Premium 4 Bedroom Apartment+bq+pool+tennis+squash Etc

Direct clients only Luxury 4 bedroom apartment +bq+ gym + pool + tennis court + squash + basketball + kids play area etc in banana island estate ikoyi Price: n60m per annum Exclusive of service charge n8m and closing fees Call prince ademola osinuga now to pay & move in immediately 08124269637 Wesemoyinconsultz@gmail. Com Luxurybargainsmarket@gmail. Com

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Prince Ademola Osinuga International
Spacious 3 Bedroom Apartment with and Swimming Pool. — Banana Island, Ikoyi, Lagos
14
₦40,000,000 /yr

Flat / apartment for rent

Spacious 3 Bedroom Apartment with and Swimming Pool.

Spacious 3 Bedroom Apartment with and Swimming Pool. Banana island, ikoyi. Rent: N40,000,000 Agency: 10% Legal: 10% Caution: 10% Service Charge: N5M (only covers Diesel, but not public power) Amenities: Swimming pool 24 hrs power Bq Gated estate For more enquiries, contact Stephen Whatsapp: 08171969365 Phone: 08136522011, 09155232992 Email: [email protected]

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Idealplace_properties
Magnificent Fully Furnished 3 Bedroom Flat — Banana Island, Ikoyi, Lagos
6
₦50,000,000 /yr

Flat / apartment for rent

Magnificent Fully Furnished 3 Bedroom Flat

3bedroom flat for rent Directly on Banana Island road Ikoyi Rent :-50m Sc :- 3M Agency 10% Legal :- 5% Caution:- 5% Dm for more pictures Sh

Banana Island, Ikoyi, Lagos
3 beds
Giftedkings Gardens
Luxury 4 Bedroom Terrace House+bq+garage+pool Etc — Off Banana Island Road, Ikoyi, Lagos
5
₦39,999,999 /yr

Terraced duplex for rent

Luxury 4 Bedroom Terrace House+bq+garage+pool Etc

Direct clients only Luxury 4 bedroom terrace house + bq + garage + pool etc in a mini estate within ikoyi Rent: n39. 999m x 2yrs minimum Exclusive of service charge Call prince ademola osinuga now to pay & move in immediately

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

Showing 1,421–1,441 of 1,562 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 1,562 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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