Nigeria Property Centre

5 Bedroom Unfurnished Property for Rent in Banana Island, Ikoyi, Lagos

There are 284 flats, houses, land and commercial properties for rent in Banana Island as of 12 Aug 2026, with an average price of ₦120M. 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

281–284 of 284 properties for rent

Luxury 5 Bedroom Fully Detached — Banana Island, Ikoyi, Lagos
21
₦30,000,000 /yr

House for rent

Luxury 5 Bedroom Fully Detached

5 bedroom fully detached with 2 living room and a study for rent off Banana island. Rent is 30m, owner wants 2 years. Has BQ and security post Self serviced.

Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets
Propertylounge
Luxury 5 Bedroom Duplex — Banana Island, Ikoyi, Lagos
14
₦160,000,000 /yr

House for rent

Luxury 5 Bedroom Duplex

Super spacious 5 bedroom detached house for rent in Banana island.

Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets
Propertylounge
Luxury 5 Bedroom Duplex — Banana Island, Ikoyi, Lagos
19
₦80,000,000 /yr

Detached duplex for rent

Luxury 5 Bedroom Duplex

For lease: Description: 5 Bedroom fully detached house with 2 rooms Bq and security gate house Location: Banana Island Rent: N80 million Asking Agency Fee: 10% Legal Fee: 5% Caution: 5% Renovations will be done by the owner

Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets
Propertylounge
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

Showing 281–284 of 284 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 5 bedroom furnished flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦120,000,000 per annum.

The price of the most expensive 5 bedroom furnished flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦170,000,000 per annum.

The price of the cheapest 5 bedroom furnished flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦35,000,000 per annum.

There are 284 available 5 bedroom furnished 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 5 bedroom furnished flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos range from ₦30,000,000 to ₦245,118,634.

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