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

1,581–1,588 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

2 Bedroom Flat with Gym and Swimming Pool — Banana Island, Ikoyi, Lagos
6
₦60,000,000 /yr

Flat / apartment for rent

2 Bedroom Flat with Gym and Swimming Pool

Clean and spacious 2-bedroom apartment with fully fitted kitchen, gym swimming pool, and concierge in Banana Island. Rent - ₦60m Service Charge - Yet to be decided Agency - 10% Legal- 5% Caution

Banana Island, Ikoyi, Lagos
2 beds 3 baths 3 toilets 2 Parking
Arc Homes
Luxury 6 Bedrooms Detached Duplex with 2 Rooms BQ and Swimming Pool — Banana Island, Ikoyi, Lagos
16
$150,000 /yr

Detached duplex for rent

Luxury 6 Bedrooms Detached Duplex with 2 Rooms BQ and Swimming Pool

️to let Luxuriously built 6 bedroom detached duplex with 2 rooms bq, fully fitted kitchen, swimming pool, elevator and ample parking space for 8 cars. Location: Banana Island Rent: 150,000 usd (naira equivalent) Service charge: nil Agency: 10% Legal:5% Caution: 5%

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 8 Parking
Mo Resources & Services LTD
Premium 4 Bedroom Terrace House+ BQ — Banana Island, Ikoyi, Lagos
7
₦39,999,999 /yr

Terraced duplex for rent

Premium 4 Bedroom Terrace House+ BQ

***************direct clients ready to make payment immediately*********"" Luxury 4:bedroom terrace + bq in banana island estate ikoyi Rent: n,39,999,099 exclusive of service charge 08124269637

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Prince Ademola Osinuga International
Luxury 3 Bedrooms Apartment + BQ + Gym + Pool X 2 Years — Banana Island Estate, Ikoyi, Lagos
5
₦40,009,099 /yr

Flat / apartment for rent

Luxury 3 Bedrooms Apartment + BQ + Gym + Pool X 2 Years

*********************Direct clients ready to make payment immediately******************" Luxury waterfront 3 bedroom apartment + bq + gym + swimming pool + tennis court etc in banana island estate Rent: N40. 000m x 2 yrs upfront Service: N5.6m Agency, legal & caution fees applicable Call prince ademola osinuga now to pay & move in immediately 08124269637

Banana Island Estate, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Prince Ademola Osinuga International
Luxury 3 Bedroom Flat with BQ, Swimming Pool and Gym — Banana Island, Ikoyi, Lagos
9
₦60,000,000 /yr

Flat / apartment for rent

Luxury 3 Bedroom Flat with BQ, Swimming Pool and Gym

To let Serviced 3 bedroom flat with bq fitted kitchen, swimming pool, elevator, children play area, tennis court etc Location: Banana Island road Rent: N60m Service charge: N5m Agency: 10% Legal:5% Caution: N1m

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets
Mo Resources & Services LTD
New 4 Bedroom Apartment + Bq+pool — Banana Island, Ikoyi, Lagos
7
$70,000 /yr

Flat / apartment for rent

New 4 Bedroom Apartment + Bq+pool

direct clients ready to make payment immediately New & luxury 4 bedroom apartment + bq + swimming pool in banana island estate Rent: $70,000 exclusive of service charge In your best interest deal with reputable luxury real estate expert at no extra cost for seamless transactions call prince ademola osinuga now to pay & move in immediately 08124269637

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Prince Ademola Osinuga International
Top Luxury 3 Bedroom Apartment with BQ — Banana Island, Ikoyi, Lagos
3
₦65,000,000 /yr

Flat / apartment for rent

Top Luxury 3 Bedroom Apartment with BQ

direct clients ready to make payment immediately Top luxury 3 bedroom apartment + bq in banana island estate ikoyi Rent: n65m per annum x 2 yrs Agency 10% Legal 5% Caution 5% In your best interest deal with trusted luxury real estate professionals at no extra cost for seamless transactions. Call prince ademola osinuga now to pay & move in immediately 08124269637

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

Showing 1,581–1,588 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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