AVERAGE PROPERTY PRICES · SEPTEMBER 2026
Average price of flats for rent in Lagos.
Median listing price for flats for rent in Lagos, Nigeria, broken down by locality.
Current avg price
₦10.7M/yr
Sep 2026 · Not comparable with the same month last year
Most listings are between ₦6.9M and ₦17.2M/yr
Last year
₦8.9M/yr
Sep 2025 · Not comparable with the same month last year
Cheapest to priciest
₦130K – ₦160B
Median ₦10.7M · Across 118,142 listings
MEDIAN LISTING PRICE
Last 13 months
This month
Previous months
Counting method changed
₦20M
₦15M
₦10M
₦5M
₦0
₦8.9M/yr
September 2025
₦9.3M/yr
October 2025
₦9.5M/yr
November 2025
₦9.5M/yr
December 2025
₦10M/yr
January 2026
₦10.3M/yr
February 2026
₦10.3M/yr
March 2026
₦10.2M/yr
April 2026
₦10.4M/yr
May 2026
₦11M/yr
June 2026
₦11.3M/yr
July 2026
₦11.5M/yr
August 2026
₦11.7M/yr
September 2026 · This month · Counting method changed
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
Jun
Jun 26
Jul
Jul 26
Aug
Aug 26
Sep
Sep 26
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 BREAKDOWN
Area-by-area detail
| Locality | Average Price | Typical Range | Max. Property Price | Min. Property Price | Total Listings | New This Month |
|---|---|---|---|---|---|---|
| Eko Atlantic City | ₦52,530,000 | ₦47.7M to ₦56.9M | ₦84,000,000 | ₦37,000,000 | 81 | 15 |
| Ikoyi | ₦38,210,000 | ₦31.7M to ₦48.8M | ₦160,000,000,000 | ₦130,000 | 5,619 | 1,066 |
| Victoria Island (VI) | ₦22,860,000 | ₦17.1M to ₦31.9M | ₦700,000,000 | ₦1,300,000 | 5,159 | 1,077 |
| Lekki | ₦10,020,000 | ₦6.6M to ₦14.1M | ₦25,000,000,000 | ₦150,000 | 28,923 | 5,271 |
| Maryland | ₦7,610,000 | ₦6.2M to ₦9M | ₦180,000,000 | ₦1,000,000 | 386 | 84 |
| Ikeja | ₦5,850,000 | ₦4.1M to ₦11.8M | ₦1,500,000,000 | ₦170,000 | 1,991 | 333 |
| Lagos Island | ₦5,220,000 | ₦58,900,000 | ₦2,000,000 | 9 | 1 | |
| Ilupeju | ₦5,070,000 | ₦4.8M to ₦12.7M | ₦243,000,000 | ₦1,500,000 | 67 | 14 |
| Magodo | ₦4,930,000 | ₦4.1M to ₦6.3M | ₦270,000,000 | ₦1,000,000 | 779 | 133 |
| Gbagada | ₦4,710,000 | ₦3.9M to ₦5.4M | ₦2,300,000,000 | ₦700,000 | 959 | 195 |
| Surulere | ₦4,140,000 | ₦3.3M to ₦5.2M | ₦105,000,000 | ₦800,000 | 879 | 162 |
| Apapa | ₦4,060,000 | ₦15,000,000 | ₦800,000 | 16 | 4 | |
| Yaba | ₦3,960,000 | ₦3.3M to ₦5.2M | ₦225,000,000 | ₦700,000 | 1,200 | 250 |
| Isheri North | ₦3,830,000 | ₦2.8M to ₦4.1M | ₦7,000,000 | ₦1,000,000 | 133 | 24 |
| Ogudu | ₦3,600,000 | ₦2.8M to ₦4.7M | ₦35,000,000 | ₦700,000 | 293 | 53 |
| Amuwo Odofin | ₦3,500,000 | ₦3.3M to ₦4.1M | ₦8,000,000 | ₦1,300,000 | 74 | 14 |
| Isolo | ₦3,180,000 | ₦2.5M to ₦3.7M | ₦50,000,000 | ₦800,000 | 320 | 52 |
| Ijesha | ₦3,100,000 | ₦4,000,000 | ₦1,800,000 | 3 | 1 | |
| Ojota | ₦3,050,000 | ₦4,500,000 | ₦1,500,000 | 19 | 4 | |
| Ajah | ₦2,940,000 | ₦2.4M to ₦3.7M | ₦8,000,000,000 | ₦250,000 | 8,571 | 1,561 |
| Ketu | ₦2,880,000 | ₦2.4M to ₦3.3M | ₦55,000,000 | ₦180,000 | 462 | 85 |
| Mushin | ₦2,810,000 | ₦2.3M to ₦3.3M | ₦4,000,000 | ₦1,000,000 | 36 | 9 |
| Ojodu | ₦2,790,000 | ₦2.2M to ₦3.5M | ₦10,000,000 | ₦500,000 | 216 | 50 |
| Ejigbo | ₦2,700,000 | ₦5,480,000 | ₦1,500,000 | 5 | 0 | |
| Shomolu | ₦2,640,000 | ₦2.3M to ₦3.1M | ₦42,000,000 | ₦300,000 | 494 | 146 |
| Oshodi | ₦2,380,000 | ₦2.1M to ₦3.1M | ₦12,000,000 | ₦800,000 | 34 | 2 |
| Alimosho | ₦2,360,000 | ₦1.9M to ₦2.6M | ₦10,000,000 | ₦450,000 | 158 | 20 |
| Agege | ₦2,240,000 | ₦1.8M to ₦2.4M | ₦6,500,000 | ₦450,000 | 266 | 36 |
| Ijaiye | ₦2,180,000 | ₦3,000,000 | ₦1,200,000 | 4 | 0 | |
| Ifako-Ijaiye | ₦2,160,000 | ₦1.7M to ₦2.6M | ₦7,500,000 | ₦1,200,000 | 45 | 3 |
| Idimu | ₦1,890,000 | ₦2,700,000 | ₦800,000 | 15 | 1 | |
| Orile | ₦1,880,000 | ₦2,500,000 | ₦1,500,000 | 5 | 0 | |
| Kosofe | ₦1,830,000 | ₦1.5M to ₦2.4M | ₦5,000,000 | ₦600,000 | 104 | 34 |
| Isheri | ₦1,820,000 | ₦7,000,000 | ₦1,000,000 | 18 | 4 | |
| Ibeju Lekki | ₦1,720,000 | ₦1.4M to ₦2.1M | ₦30,000,000 | ₦400,000 | 1,113 | 198 |
| Ojo | ₦1,540,000 | ₦7,200,000 | ₦400,000 | 16 | 4 | |
| Ikotun | ₦1,340,000 | ₦1M to ₦1.7M | ₦3,500,000 | ₦500,000 | 32 | 8 |
| Agbara-Igbesa | ₦1,280,000 | ₦840.5K to ₦1.4M | ₦3,000,000 | ₦250,000 | 42 | 1 |
| Ipaja | ₦1,250,000 | ₦936K to ₦1.7M | ₦3,000,000 | ₦200,000 | 125 | 25 |
| Ibeju | ₦1,190,000 | ₦2,500,000 | ₦450,000 | 15 | 1 | |
| Epe | ₦950,000 | ₦2,800,000 | ₦450,000 | 12 | 9 | |
| Ikorodu | ₦920,000 | ₦653.4K to ₦1.2M | ₦7,000,000 | ₦150,000 | 352 | 43 |
| Iganmu | ₦800,000 | ₦800,000 | ₦800,000 | 1 | 0 | |
| Ayobo | ₦610,000 | ₦3,500,000 | ₦250,000 | 17 | 4 | |
| Ijede | ₦600,000 | ₦600,000 | ₦600,000 | 1 | 1 | |
| Badagry | ₦350,000 | ₦350,000 | ₦350,000 | 2 | 0 |
Eko Atlantic City
₦52,530,000
Typical
₦47.7M to ₦56.9M
Max
₦84M
Min
₦37M
Listings
81
New
15
Ikoyi
₦38,210,000
Typical
₦31.7M to ₦48.8M
Max
₦160B
Min
₦130K
Listings
5,619
New
1,066
Victoria Island (VI)
₦22,860,000
Typical
₦17.1M to ₦31.9M
Max
₦700M
Min
₦1.3M
Listings
5,159
New
1,077
Lekki
₦10,020,000
Typical
₦6.6M to ₦14.1M
Max
₦25B
Min
₦150K
Listings
28,923
New
5,271
Maryland
₦7,610,000
Typical
₦6.2M to ₦9M
Max
₦180M
Min
₦1M
Listings
386
New
84
Ikeja
₦5,850,000
Typical
₦4.1M to ₦11.8M
Max
₦1.5B
Min
₦170K
Listings
1,991
New
333
Lagos Island
₦5,220,000
Typical
Max
₦58.9M
Min
₦2M
Listings
9
New
1
Ilupeju
₦5,070,000
Typical
₦4.8M to ₦12.7M
Max
₦243M
Min
₦1.5M
Listings
67
New
14
Magodo
₦4,930,000
Typical
₦4.1M to ₦6.3M
Max
₦270M
Min
₦1M
Listings
779
New
133
Gbagada
₦4,710,000
Typical
₦3.9M to ₦5.4M
Max
₦2.3B
Min
₦700K
Listings
959
New
195
Surulere
₦4,140,000
Typical
₦3.3M to ₦5.2M
Max
₦105M
Min
₦800K
Listings
879
New
162
Apapa
₦4,060,000
Typical
Max
₦15M
Min
₦800K
Listings
16
New
4
Yaba
₦3,960,000
Typical
₦3.3M to ₦5.2M
Max
₦225M
Min
₦700K
Listings
1,200
New
250
Isheri North
₦3,830,000
Typical
₦2.8M to ₦4.1M
Max
₦7M
Min
₦1M
Listings
133
New
24
Ogudu
₦3,600,000
Typical
₦2.8M to ₦4.7M
Max
₦35M
Min
₦700K
Listings
293
New
53
Amuwo Odofin
₦3,500,000
Typical
₦3.3M to ₦4.1M
Max
₦8M
Min
₦1.3M
Listings
74
New
14
Isolo
₦3,180,000
Typical
₦2.5M to ₦3.7M
Max
₦50M
Min
₦800K
Listings
320
New
52
Ijesha
₦3,100,000
Typical
Max
₦4M
Min
₦1.8M
Listings
3
New
1
Ojota
₦3,050,000
Typical
Max
₦4.5M
Min
₦1.5M
Listings
19
New
4
Ajah
₦2,940,000
Typical
₦2.4M to ₦3.7M
Max
₦8B
Min
₦250K
Listings
8,571
New
1,561
Ketu
₦2,880,000
Typical
₦2.4M to ₦3.3M
Max
₦55M
Min
₦180K
Listings
462
New
85
Mushin
₦2,810,000
Typical
₦2.3M to ₦3.3M
Max
₦4M
Min
₦1M
Listings
36
New
9
Ojodu
₦2,790,000
Typical
₦2.2M to ₦3.5M
Max
₦10M
Min
₦500K
Listings
216
New
50
Ejigbo
₦2,700,000
Typical
Max
₦5.5M
Min
₦1.5M
Listings
5
New
0
Shomolu
₦2,640,000
Typical
₦2.3M to ₦3.1M
Max
₦42M
Min
₦300K
Listings
494
New
146
Oshodi
₦2,380,000
Typical
₦2.1M to ₦3.1M
Max
₦12M
Min
₦800K
Listings
34
New
2
Alimosho
₦2,360,000
Typical
₦1.9M to ₦2.6M
Max
₦10M
Min
₦450K
Listings
158
New
20
Agege
₦2,240,000
Typical
₦1.8M to ₦2.4M
Max
₦6.5M
Min
₦450K
Listings
266
New
36
Ijaiye
₦2,180,000
Typical
Max
₦3M
Min
₦1.2M
Listings
4
New
0
Ifako-Ijaiye
₦2,160,000
Typical
₦1.7M to ₦2.6M
Max
₦7.5M
Min
₦1.2M
Listings
45
New
3
Idimu
₦1,890,000
Typical
Max
₦2.7M
Min
₦800K
Listings
15
New
1
Orile
₦1,880,000
Typical
Max
₦2.5M
Min
₦1.5M
Listings
5
New
0
Kosofe
₦1,830,000
Typical
₦1.5M to ₦2.4M
Max
₦5M
Min
₦600K
Listings
104
New
34
Isheri
₦1,820,000
Typical
Max
₦7M
Min
₦1M
Listings
18
New
4
Ibeju Lekki
₦1,720,000
Typical
₦1.4M to ₦2.1M
Max
₦30M
Min
₦400K
Listings
1,113
New
198
Ojo
₦1,540,000
Typical
Max
₦7.2M
Min
₦400K
Listings
16
New
4
Ikotun
₦1,340,000
Typical
₦1M to ₦1.7M
Max
₦3.5M
Min
₦500K
Listings
32
New
8
Agbara-Igbesa
₦1,280,000
Typical
₦840.5K to ₦1.4M
Max
₦3M
Min
₦250K
Listings
42
New
1
Ipaja
₦1,250,000
Typical
₦936K to ₦1.7M
Max
₦3M
Min
₦200K
Listings
125
New
25
Ibeju
₦1,190,000
Typical
Max
₦2.5M
Min
₦450K
Listings
15
New
1
Epe
₦950,000
Typical
Max
₦2.8M
Min
₦450K
Listings
12
New
9
Ikorodu
₦920,000
Typical
₦653.4K to ₦1.2M
Max
₦7M
Min
₦150K
Listings
352
New
43
Iganmu
₦800,000
Typical
Max
₦800K
Min
₦800K
Listings
1
New
0
Ayobo
₦610,000
Typical
Max
₦3.5M
Min
₦250K
Listings
17
New
4
Ijede
₦600,000
Typical
Max
₦600K
Min
₦600K
Listings
1
New
1
Badagry
₦350,000
Typical
Max
₦350K
Min
₦350K
Listings
2
New
0
Generated using all flats for rent in Lagos, Nigeria on Nigeria Property Centre. Prices use the median of all listings in the state.
Frequently asked
Popular questions
What is the price of flats for rent in Lagos, Nigeria?
The average price of flats for rent in Lagos, Nigeria is ₦10,670,000/yr.
View reportWhat is the price of the most expensive flats for rent in Lagos, Nigeria?
The price of the most expensive flats for rent in Lagos, Nigeria is ₦160,000,000,000/yr.
View flatWhat is the price of the cheapest flats for rent in Lagos, Nigeria?
The price of the cheapest flats for rent in Lagos, Nigeria is ₦130,000/yr.
View flatHow many flats for rent in Lagos, Nigeria are available?
There are 21,474 available flats for rent in 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 Lagos, https://nigeriapropertycentre.com/market-trends/average-prices/for-rent/flats-apartments/lagos