Nigeria Property Centre
AVERAGE PROPERTY PRICES · SEPTEMBER 2026

Average price of flats for rent in Ilupeju, Lagos.

13-month history of median listing price for flats for rent across Ilupeju, with current month vs same month last year.

Current avg price ₦5.1M/yr Sep 2026 · Not comparable with the same month last year Most listings are between ₦4.8M and ₦12.7M/yr
Last year ₦2.8M/yr Sep 2025 · Not comparable with the same month last year
Cheapest to priciest ₦1.5M – ₦243M Median ₦5.1M · Across 67 listings
MEDIAN LISTING PRICE

Last 13 months

This month Previous months Counting method changed
₦6M ₦4.5M ₦3M ₦1.5M ₦0
₦2.8M/yr September 2025
₦2.8M/yr October 2025
₦2.8M/yr November 2025
₦2.9M/yr December 2025
₦3M/yr January 2026
₦2.8M/yr February 2026
₦3.1M/yr March 2026
₦3.4M/yr April 2026
₦3.7M/yr May 2026
₦4M/yr June 2026
₦4.3M/yr July 2026
₦4.7M/yr August 2026
₦5.1M/yr September 2026 · This month · Counting method changed
Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

Counting method changed: From 1 Sep 2026, rents advertised per month are counted at their yearly equivalent. Rent figures before that date left them as they were.

FULL HISTORY

Month-by-month detail

Sep 2026
₦5,070,000
Typical ₦4.8M to ₦12.7M
Max ₦243M
Min ₦1.5M
Listings 67
New 14
Aug 2026
₦4,730,000
Typical
Max ₦243M
Min ₦1.5M
Listings 63
New 13
Jul 2026
₦4,310,000
Typical
Max ₦25M
Min ₦1.5M
Listings 62
New 14
Jun 2026
₦4,020,000
Typical
Max ₦25M
Min ₦1.5M
Listings 63
New 10
May 2026
₦3,670,000
Typical
Max ₦25M
Min ₦1.5M
Listings 94
New 3
Apr 2026
₦3,350,000
Typical
Max ₦25M
Min ₦1.5M
Listings 105
New 14
Mar 2026
₦3,130,000
Typical
Max ₦18M
Min ₦1.5M
Listings 107
New 11
Feb 2026
₦2,760,000
Typical
Max ₦8M
Min ₦1.2M
Listings 104
New 11
Jan 2026
₦2,960,000
Typical
Max ₦265M
Min ₦1.2M
Listings 114
New 14
Dec 2025
₦2,870,000
Typical
Max ₦265M
Min ₦1.2M
Listings 126
New 40
Nov 2025
₦2,840,000
Typical
Max ₦265M
Min ₦1.2M
Listings 98
New 14
Oct 2025
₦2,750,000
Typical
Max ₦265M
Min ₦1.2M
Listings 121
New 16
Sep 2025
₦2,780,000
Typical
Max ₦265M
Min ₦800K
Listings 126
New 9

Generated using all flats for rent in Ilupeju, Lagos, Nigeria on Nigeria Property Centre. Prices use the median of all listings in the locality.

Frequently asked

Popular questions

What is the price of flats for rent in Ilupeju, Lagos, Nigeria?

The average price of flats for rent in Ilupeju, Lagos, Nigeria is ₦5,070,000/yr.

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What is the price of the most expensive flats for rent in Ilupeju, Lagos, Nigeria?

The price of the most expensive flats for rent in Ilupeju, Lagos, Nigeria is ₦243,000,000/yr.

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What is the price of the cheapest flats for rent in Ilupeju, Lagos, Nigeria?

The price of the cheapest flats for rent in Ilupeju, Lagos, Nigeria is ₦1,500,000/yr.

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How many flats for rent in Ilupeju, Lagos, Nigeria are available?

There are 25 available flats for rent in Ilupeju, Lagos, Nigeria. You can view and filter the list of property by price, furnishing and recency.

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About this report

How we measure price.

This report uses the median asking price of active listings on Nigeria Property Centre last month, for each mix of category, property type, bedrooms, state and locality. Where it combines several of these, it averages their medians, weighted by how many listings each has. Using medians, not means, keeps a single unusual price from skewing a group's figure.

For the quarterly view, see our quarterly market reports, and for how searches compare with the listings available, our demand vs supply report.

Using this data.

Free to use with credit. You can quote and republish these figures, as long as you credit Nigeria Property Centre and link back to this report. They are licensed under CC BY 4.0, as set out in our terms of use.

Source: Nigeria Property Centre, Average price of flats for rent in Ilupeju, Lagos, https://nigeriapropertycentre.com/market-trends/average-prices/for-rent/flats-apartments/lagos/ilupeju