Nigeria Property Centre
AVERAGE PROPERTY PRICES · SEPTEMBER 2026

Average price of flats for rent in Victoria Island (VI), Lagos.

13-month history of median listing price for flats for rent across Victoria Island (VI), with current month vs same month last year.

Current avg price ₦22.9M/yr Sep 2026 · Not comparable with the same month last year Most listings are between ₦17.1M and ₦31.9M/yr
Last year ₦16.2M/yr Sep 2025 · Not comparable with the same month last year
Cheapest to priciest ₦1.3M – ₦700M Median ₦22.9M · Across 5,159 listings
MEDIAN LISTING PRICE

Last 13 months

This month Previous months Counting method changed
₦40M ₦30M ₦20M ₦10M ₦0
₦16.2M/yr September 2025
₦16.6M/yr October 2025
₦18.1M/yr November 2025
₦19.2M/yr December 2025
₦20.8M/yr January 2026
₦21.3M/yr February 2026
₦22M/yr March 2026
₦21.6M/yr April 2026
₦21.7M/yr May 2026
₦22.1M/yr June 2026
₦22.4M/yr July 2026
₦22.1M/yr August 2026
₦22.9M/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 ₦22,860,000
Typical ₦17.1M to ₦31.9M
Max ₦700M
Min ₦1.3M
Listings 5,159
New 1,077
Aug 2026 ₦22,070,000
Typical
Max ₦700M
Min ₦800K
Listings 4,773
New 1,036
Jul 2026 ₦22,410,000
Typical
Max ₦25B
Min ₦800K
Listings 4,402
New 780
Jun 2026 ₦22,140,000
Typical
Max ₦25B
Min ₦430K
Listings 4,328
New 701
May 2026 ₦21,690,000
Typical
Max ₦25B
Min ₦400K
Listings 4,122
New 791
Apr 2026 ₦21,640,000
Typical
Max ₦25B
Min ₦400K
Listings 3,880
New 772
Mar 2026 ₦22,050,000
Typical
Max ₦25B
Min ₦400K
Listings 3,908
New 705
Feb 2026 ₦21,350,000
Typical
Max ₦25B
Min ₦400K
Listings 3,910
New 692
Jan 2026 ₦20,800,000
Typical
Max ₦1.6B
Min ₦100K
Listings 3,838
New 675
Dec 2025 ₦19,190,000
Typical
Max ₦1.6B
Min ₦100K
Listings 3,783
New 487
Nov 2025 ₦18,100,000
Typical
Max ₦950M
Min ₦100K
Listings 3,853
New 574
Oct 2025 ₦16,620,000
Typical
Max ₦950M
Min ₦100K
Listings 3,861
New 817
Sep 2025 ₦16,220,000
Typical
Max ₦950M
Min ₦60K
Listings 3,651
New 721

Generated using all flats for rent in Victoria Island (VI), 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 Victoria Island (VI), Lagos, Nigeria?

The average price of flats for rent in Victoria Island (VI), Lagos, Nigeria is ₦22,860,000/yr.

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What is the price of the most expensive flats for rent in Victoria Island (VI), Lagos, Nigeria?

The price of the most expensive flats for rent in Victoria Island (VI), Lagos, Nigeria is ₦700,000,000/yr.

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What is the price of the cheapest flats for rent in Victoria Island (VI), Lagos, Nigeria?

The price of the cheapest flats for rent in Victoria Island (VI), Lagos, Nigeria is ₦1,300,000/yr.

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How many flats for rent in Victoria Island (VI), Lagos, Nigeria are available?

There are 2,231 available flats for rent in Victoria Island (VI), 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.

Source: Nigeria Property Centre, Average price of flats for rent in Victoria Island (VI), Lagos, https://nigeriapropertycentre.com/market-trends/average-prices/for-rent/flats-apartments/lagos/victoria-island