Nigeria Property Centre
AVERAGE PROPERTY PRICES · SEPTEMBER 2026

Average price of 1 bedroom flats for rent in Lagos.

Median listing price for 1 bedroom flats for rent in Lagos, Nigeria, broken down by locality.

Current avg price ₦3.5M/yr Sep 2026 · Not comparable with the same month last year Most listings are between ₦2.4M and ₦5.1M/yr
Last year ₦2.9M/yr Sep 2025 · Not comparable with the same month last year
Cheapest to priciest ₦130K – ₦6.5B Median ₦3.5M · Across 32,514 listings
MEDIAN LISTING PRICE

Last 13 months

This month Previous months Counting method changed
₦4M ₦3M ₦2M ₦1M ₦0
₦2.9M/yr September 2025
₦3.1M/yr October 2025
₦3.2M/yr November 2025
₦3.2M/yr December 2025
₦3.2M/yr January 2026
₦3.3M/yr February 2026
₦3.3M/yr March 2026
₦3.4M/yr April 2026
₦3.4M/yr May 2026
₦3.5M/yr June 2026
₦3.8M/yr July 2026
₦3.9M/yr August 2026
₦3.9M/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 BREAKDOWN

Area-by-area detail

Ikoyi ₦15,000,000
Typical ₦10M to ₦18M
Max ₦180M
Min ₦130K
Listings 446
New 89
Victoria Island (VI) ₦8,000,000
Typical ₦7M to ₦11M
Max ₦170M
Min ₦1.3M
Listings 913
New 131
Lekki ₦4,500,000
Typical ₦3.2M to ₦6M
Max ₦6.5B
Min ₦160K
Listings 7,980
New 1,210
Lagos Island ₦3,500,000
Typical
Max ₦4.5M
Min ₦2M
Listings 4
New 0
Maryland ₦3,000,000
Typical ₦2.5M to ₦4M
Max ₦15M
Min ₦1M
Listings 76
New 15
Yaba ₦2,500,000
Typical ₦2M to ₦3M
Max ₦45M
Min ₦720K
Listings 460
New 122
Surulere ₦2,500,000
Typical ₦2M to ₦2.8M
Max ₦75M
Min ₦800K
Listings 284
New 49
Ogudu ₦2,500,000
Typical ₦1.8M to ₦3M
Max ₦28M
Min ₦700K
Listings 164
New 28
Gbagada ₦2,500,000
Typical ₦2M to ₦3M
Max ₦2.3B
Min ₦700K
Listings 329
New 66
Ilupeju ₦2,300,000
Typical ₦2M to ₦2.8M
Max ₦11M
Min ₦1.5M
Listings 31
New 3
Amuwo Odofin ₦2,200,000
Typical
Max ₦4M
Min ₦1.4M
Listings 11
New 4
Shomolu ₦2,200,000
Typical ₦2M to ₦2.7M
Max ₦35M
Min ₦300K
Listings 382
New 103
Ikeja ₦2,200,000
Typical ₦1.5M to ₦3M
Max ₦950M
Min ₦800K
Listings 427
New 62
Isolo ₦2,000,000
Typical ₦1.5M to ₦2.5M
Max ₦50M
Min ₦800K
Listings 76
New 10
Apapa ₦2,000,000
Typical
Max ₦4M
Min ₦800K
Listings 5
New 1
Ketu ₦2,000,000
Typical ₦1.6M to ₦2.3M
Max ₦55M
Min ₦180K
Listings 211
New 20
Mushin ₦2,000,000
Typical
Max ₦2.8M
Min ₦1M
Listings 17
New 1
Ajah ₦2,000,000
Typical ₦1.5M to ₦2.5M
Max ₦2B
Min ₦250K
Listings 3,221
New 638
Isheri North ₦2,000,000
Typical
Max ₦3.5M
Min ₦1M
Listings 12
New 2
Magodo ₦2,000,000
Typical ₦1.8M to ₦3M
Max ₦4M
Min ₦1M
Listings 137
New 12
Ijesha ₦1,800,000
Typical
Max ₦1.8M
Min ₦1.8M
Listings 1
New 0
Ifako-Ijaiye ₦1,600,000
Typical
Max ₦2.2M
Min ₦1.2M
Listings 7
New 0
Oshodi ₦1,500,000
Typical
Max ₦10M
Min ₦800K
Listings 14
New 1
Ojo ₦1,500,000
Typical
Max ₦7.2M
Min ₦400K
Listings 7
New 1
Ojota ₦1,500,000
Typical
Max ₦1.5M
Min ₦1.5M
Listings 6
New 2
Ejigbo ₦1,500,000
Typical
Max ₦1.5M
Min ₦1.5M
Listings 2
New 0
Orile ₦1,500,000
Typical
Max ₦1.5M
Min ₦1.5M
Listings 1
New 0
Ojodu ₦1,500,000
Typical ₦1.2M to ₦1.8M
Max ₦2.5M
Min ₦500K
Listings 60
New 15
Alimosho ₦1,400,000
Typical ₦1.2M to ₦1.5M
Max ₦2.5M
Min ₦450K
Listings 44
New 5
Isheri ₦1,300,000
Typical
Max ₦1.8M
Min ₦1M
Listings 6
New 3
Agege ₦1,300,000
Typical ₦1M to ₦1.5M
Max ₦4M
Min ₦450K
Listings 88
New 16
Kosofe ₦1,200,000
Typical ₦1M to ₦1.8M
Max ₦3M
Min ₦600K
Listings 40
New 12
Idimu ₦1,200,000
Typical
Max ₦2.5M
Min ₦800K
Listings 7
New 1
Ijaiye ₦1,200,000
Typical
Max ₦1.2M
Min ₦1.2M
Listings 1
New 0
Ibeju Lekki ₦1,000,000
Typical ₦900K to ₦1.3M
Max ₦16M
Min ₦400K
Listings 507
New 82
Ikotun ₦800,000
Typical
Max ₦1.5M
Min ₦500K
Listings 12
New 3
Epe ₦700,000
Typical
Max ₦1M
Min ₦450K
Listings 6
New 5
Ibeju ₦700,000
Typical
Max ₦2M
Min ₦450K
Listings 7
New 1
Agbara-Igbesa ₦600,000
Typical
Max ₦1.3M
Min ₦250K
Listings 9
New 1
Ijede ₦600,000
Typical
Max ₦600K
Min ₦600K
Listings 1
New 1
Ikorodu ₦500,000
Typical ₦400K to ₦700K
Max ₦2.2M
Min ₦150K
Listings 186
New 21
Ipaja ₦500,000
Typical ₦400K to ₦1M
Max ₦1.8M
Min ₦200K
Listings 48
New 8
Ayobo ₦400,000
Typical
Max ₦1.5M
Min ₦250K
Listings 9
New 2
Badagry ₦350,000
Typical
Max ₦350K
Min ₦350K
Listings 2
New 0

Generated using all 1 bedroom 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 1 bedroom flats for rent in Lagos, Nigeria?

The average price of 1 bedroom flats for rent in Lagos, Nigeria is ₦3,450,000/yr.

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What is the price of the most expensive 1 bedroom flats for rent in Lagos, Nigeria?

The price of the most expensive 1 bedroom flats for rent in Lagos, Nigeria is ₦6,500,000,000/yr.

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What is the price of the cheapest 1 bedroom flats for rent in Lagos, Nigeria?

The price of the cheapest 1 bedroom flats for rent in Lagos, Nigeria is ₦130,000/yr.

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How many 1 bedroom flats for rent in Lagos, Nigeria are available?

There are 3,933 available 1 bedroom 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.

Source: Nigeria Property Centre, Average price of 1 bedroom flats for rent in Lagos, https://nigeriapropertycentre.com/market-trends/average-prices/for-rent/flats-apartments/lagos?bedrooms=1