AVERAGE PROPERTY PRICES · MAY 2026
Average price of flats for rent in Magodo, Lagos.
13-month history of median listing price for flats for rent across Magodo, with current month vs same month last year.
Current avg price
₦4.5M per year
May 2026 · +29.9% YoY
Last year
₦3.5M per year
May 2025 · Same locality, same type
Range this month
₦750K – ₦270M
Median ₦4.5M · Across 825 listings
MEDIAN LISTING PRICE
Last 13 months
This month
Previous months
₦6M
₦4.5M
₦3M
₦1.5M
₦0
₦3.5M per year
May 2025
₦3.5M per year
June 2025
₦3.4M per year
July 2025
₦3.4M per year
August 2025
₦3.5M per year
September 2025
₦3.3M per year
October 2025
₦3.5M per year
November 2025
₦3.8M per year
December 2025
₦3.9M per year
January 2026
₦4.4M per year
February 2026
₦4.5M per year
March 2026
₦4.6M per year
April 2026
₦4.5M per year
May 2026 · This month
May
May 25
Jun
Jun 25
Jul
Jul 25
Aug
Aug 25
Sep
Sep 25
Oct
Oct 25
Nov
Nov 25
Dec
Dec 25
Jan
Jan 26
Feb
Feb 26
Mar
Mar 26
Apr
Apr 26
May
May 26
FULL HISTORY
Month-by-month detail
| Month | Average Price | Max. Property Price | Min. Property Price | Total Listings | New This Month |
|---|---|---|---|---|---|
| May 2026 | ₦4,490,000 | ₦270,000,000 | ₦750,000 | 825 | 137 |
| Apr 2026 | ₦4,550,000 | ₦270,000,000 | ₦750,000 | 824 | 112 |
| Mar 2026 | ₦4,480,000 | ₦120,000,000 | ₦750,000 | 861 | 171 |
| Feb 2026 | ₦4,410,000 | ₦120,000,000 | ₦500,000 | 857 | 156 |
| Jan 2026 | ₦3,890,000 | ₦70,000,000 | ₦500,000 | 848 | 128 |
| Dec 2025 | ₦3,770,000 | ₦70,000,000 | ₦500,000 | 841 | 123 |
| Nov 2025 | ₦3,510,000 | ₦70,000,000 | ₦500,000 | 829 | 136 |
| Oct 2025 | ₦3,300,000 | ₦70,000,000 | ₦500,000 | 849 | 149 |
| Sep 2025 | ₦3,510,000 | ₦32,000,000 | ₦500,000 | 857 | 167 |
| Aug 2025 | ₦3,430,000 | ₦150,000,000 | ₦600,000 | 792 | 148 |
| Jul 2025 | ₦3,410,000 | ₦150,000,000 | ₦600,000 | 744 | 120 |
| Jun 2025 | ₦3,470,000 | ₦150,000,000 | ₦600,000 | 787 | 110 |
| May 2025 | ₦3,450,000 | ₦150,000,000 | ₦110,000 | 769 | 157 |
May 2026
₦4,490,000
Max
₦270,000,000
Min
₦750,000
Listings
825
New
137
Apr 2026
₦4,550,000
Max
₦270,000,000
Min
₦750,000
Listings
824
New
112
Mar 2026
₦4,480,000
Max
₦120,000,000
Min
₦750,000
Listings
861
New
171
Feb 2026
₦4,410,000
Max
₦120,000,000
Min
₦500,000
Listings
857
New
156
Jan 2026
₦3,890,000
Max
₦70,000,000
Min
₦500,000
Listings
848
New
128
Dec 2025
₦3,770,000
Max
₦70,000,000
Min
₦500,000
Listings
841
New
123
Nov 2025
₦3,510,000
Max
₦70,000,000
Min
₦500,000
Listings
829
New
136
Oct 2025
₦3,300,000
Max
₦70,000,000
Min
₦500,000
Listings
849
New
149
Sep 2025
₦3,510,000
Max
₦32,000,000
Min
₦500,000
Listings
857
New
167
Aug 2025
₦3,430,000
Max
₦150,000,000
Min
₦600,000
Listings
792
New
148
Jul 2025
₦3,410,000
Max
₦150,000,000
Min
₦600,000
Listings
744
New
120
Jun 2025
₦3,470,000
Max
₦150,000,000
Min
₦600,000
Listings
787
New
110
May 2025
₦3,450,000
Max
₦150,000,000
Min
₦110,000
Listings
769
New
157
Generated using all flats for rent in Magodo, 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 Magodo, Lagos, Nigeria?
The average price of flats for rent in Magodo, Lagos, Nigeria is ₦4,490,000 per year.
View reportWhat is the price of the most expensive flats for rent in Magodo, Lagos, Nigeria?
The price of the most expensive flats for rent in Magodo, Lagos, Nigeria is ₦270,000,000 per year.
View flatWhat is the price of the cheapest flats for rent in Magodo, Lagos, Nigeria?
The price of the cheapest flats for rent in Magodo, Lagos, Nigeria is ₦750,000 per year.
View flatHow many flats for rent in Magodo, Lagos, Nigeria are available?
There are 173 available flats for rent in Magodo, Lagos, Nigeria. You can view and filter the list of property by price, furnishing and recency.
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