On last month
Not available
On a year ago
From Sept 2027
Reconstructed
Rebuilt from listings archived at the time. First month under this method.
Median yearly rent · September 2026
₦82M
/year
Typical: ₦26.5M–₦147.7M
Half of listings asked between these two rents.
Reconstructed
Reconstructed
September 2026 was worked out after the month ended, from listings archived at the time, so the series starts on the new method.
- On last month
- Not available
- First month under this method
- On a year ago
- Available from September 2027
- First month under this method: Sept 2026
- Listings
- 108
- Live on any day of Sept 2026, or first published in it
- Month covered
- September 2026
- 1–30 Sep 2026
- Released
- 11 Oct 2026
- Next release: 3 Dec 2026
MEDIAN YEARLY RENT
Monthly figure since September 2026
Median
Typical range
Previous method
Sept 2026
Previous method
On last month
Median
₦82M
Typical range
₦26.5M–₦147.7M
On last month
Hover or tap a month to see its figures
Tap a month to see its figures
2012–Aug 2026: previous method, shown for context
Method changedMethod changed, Sept 2026
Sept 2026 onwards: monthly index
₦150M
₦112.5M
₦75M
₦37.5M
₦0
₦3.8M
₦3.2M
₦5.1M
₦3.8M
₦4.4M
₦4.9M
₦4.1M
₦6.5M
₦6.2M
₦6.6M
₦9.1M
₦9M
₦14.7M
₦30.2M
₦35.1M
'12
2012
'13
2013
'14
2014
'15
2015
'16
2016
'17
2017
'18
2018
'19
2019
'20
2020
'21
2021
'22
2022
'23
2023
'24
2024
'25
2025
Aug
Aug
₦82M
Sep
Sep '26
Grey bars, 2012–Aug 2026. Previous method: median asking price of listings created in the previous six months. Shown for context only; no change is worked out across the line. September 2026 is reconstructed.
Every release
Month by month
Each month has its own link. Use it when you quote a figure.
| Month | Figure | Typical range | Listings | On last month | On a year ago | Released | Notes | Link |
|---|---|---|---|---|---|---|---|---|
|
|
||||||||
| September 2026 Latest | ₦82M | ₦26.5M–₦147.7M | 108 | Not available | From Sept 2027 | 11 Oct 2026 |
Reconstructed
Rebuilt from listings archived at the time. First month under this method.
|
Link to month |
| Method changed, September 2026. Figures above and below this line are not comparable, and no change is worked out across it. | ||||||||
| August 2026 Previous method | ₦35.1M | Not published | — | Not comparable | Not comparable | Sept 2026 | Previous method: median asking price of listings created in the previous six months. Not comparable with later months. | |
Method changed, Sept 2026. No change is worked out across this line.
August 2026
Released Sept 2026 · Previous method
₦35.1M
On last monthNot comparable
On a year agoNot comparable
BREAKDOWN · SEPTEMBER 2026
Rent in Lagos by size, type and area
By bedrooms Flats by bedrooms Houses by bedrooms
Localities in Lagos Localities in Lagos, flats, all sizes
Flats, all sizes · 44 localities| Locality | Figure | Typical range | On last month | Listings | Labels |
|---|---|---|---|---|---|
| Lekki | ₦9.6M | ₦5.9M–₦16M | Not available | 9,427 |
|
| Ikoyi | ₦41.8M | ₦27.9M–₦60M | Not available | 3,134 |
|
| Victoria Island (VI) | ₦24.1M | ₦15.5M–₦36.7M | Not available | 2,708 |
|
| Ajah | ₦3.2M | ₦2.1M–₦4.7M | Not available | 2,455 |
|
| Ikeja | ₦8.6M | ₦4.3M–₦18.6M | Not available | 714 |
|
| Yaba | ₦4.2M | ₦2.8M–₦6.3M | Not available | 450 |
|
| Ibeju Lekki | ₦1.8M | ₦1.1M–₦2.6M | Not available | 415 |
|
| Surulere | ₦4.4M | ₦2.7M–₦6.1M | Not available | 301 |
|
| Gbagada | ₦5.2M | ₦3.5M–₦7.3M | Not available | 298 |
|
| Magodo | ₦5.8M | ₦4M–₦7.2M | Not available | 252 |
|
| Maryland | ₦8.8M | ₦5.3M–₦12.4M | Not available | 171 |
|
| Shomolu | ₦2.7M | ₦2.2M–₦4.1M | Not available | 155 |
|
| Ketu | ₦3.3M | ₦2.4M–₦4.4M | Not available | 146 |
|
| Ikorodu | ₦948.7K | ₦547.7K–₦1.3M | Not available | 140 |
|
| Isolo | ₦3M | ₦2.1M–₦4.4M | Not available | 128 |
|
| Eko Atlantic City | ₦57.9M | ₦50.3M–₦73M | Not available | 104 |
|
| Ojodu | ₦3M | ₦1.9M–₦4.1M | Not available | 99 |
Small sample
|
| Ogudu | ₦4.1M | ₦2.5M–₦6.1M | Not available | 96 |
Small sample
|
| Agege | ₦2M | ₦1.3M–₦3M | Not available | 65 |
Small sample
|
| Isheri North | ₦4.1M | ₦3.5M–₦4.9M | Not available | 61 |
Small sample
|
| Ipaja | ₦1.2M | ₦572.8K–₦2M | Not available | 45 |
Small sample
|
| Alimosho | ₦2.4M | ₦1.9M–₦3.2M | Not available | 37 |
Small sample
|
| Amuwo Odofin | ₦3.8M | ₦2.8M–₦4.4M | Not available | 34 |
Small sample
|
| Kosofe | ₦1.8M | ₦1.4M–₦2.3M | Not available | 34 |
Small sample
|
| Ilupeju | ₦4.8M | ₦3M–₦11.3M | Not available | 31 |
Small sample
|
| Ikotun | — | — | — | — |
Not enough listings for September 2026
|
| Ijede | — | — | — | — |
Not enough listings for September 2026
|
| Badagry | — | — | — | — |
Not enough listings for September 2026
|
| Ayobo | — | — | — | — |
Not enough listings for September 2026
|
| Ejigbo | — | — | — | — |
Not enough listings for September 2026
|
| Apapa | — | — | — | — |
Not enough listings for September 2026
|
| Oshodi | — | — | — | — |
Not enough listings for September 2026
|
| Ojo | — | — | — | — |
Not enough listings for September 2026
|
| Isheri | — | — | — | — |
Not enough listings for September 2026
|
| Agbara-Igbesa | — | — | — | — |
Not enough listings for September 2026
|
| Lagos Island | — | — | — | — |
Not enough listings for September 2026
|
| Mushin | — | — | — | — |
Not enough listings for September 2026
|
| Ifako-Ijaiye | — | — | — | — |
Not enough listings for September 2026
|
| Epe | — | — | — | — |
Not enough listings for September 2026
|
| Orile | — | — | — | — |
Not enough listings for September 2026
|
| Ijesha | — | — | — | — |
Not enough listings for September 2026
|
| Idimu | — | — | — | — |
Not enough listings for September 2026
|
| Ojota | — | — | — | — |
Not enough listings for September 2026
|
| Ibeju | — | — | — | — |
Not enough listings for September 2026
|
-
Lekki ₦5.9M–₦16M · 9,427 listings₦9.6M Not available
-
Ikoyi ₦27.9M–₦60M · 3,134 listings₦41.8M Not available
-
Victoria Island (VI) ₦15.5M–₦36.7M · 2,708 listings₦24.1M Not available
-
Ajah ₦2.1M–₦4.7M · 2,455 listings₦3.2M Not available
-
Ikeja ₦4.3M–₦18.6M · 714 listings₦8.6M Not available
-
Yaba ₦2.8M–₦6.3M · 450 listings₦4.2M Not available
-
Ibeju Lekki ₦1.1M–₦2.6M · 415 listings₦1.8M Not available
-
Surulere ₦2.7M–₦6.1M · 301 listings₦4.4M Not available
-
Gbagada ₦3.5M–₦7.3M · 298 listings₦5.2M Not available
-
Magodo ₦4M–₦7.2M · 252 listings₦5.8M Not available
-
Maryland ₦5.3M–₦12.4M · 171 listings₦8.8M Not available
-
Shomolu ₦2.2M–₦4.1M · 155 listings₦2.7M Not available
-
Ketu ₦2.4M–₦4.4M · 146 listings₦3.3M Not available
-
Ikorodu ₦547.7K–₦1.3M · 140 listings₦948.7K Not available
-
Isolo ₦2.1M–₦4.4M · 128 listings₦3M Not available
-
Eko Atlantic City ₦50.3M–₦73M · 104 listings₦57.9M Not available
-
₦3M Not available
-
₦4.1M Not available
-
₦2M Not available
-
₦4.1M Not available
-
₦1.2M Not available
-
₦2.4M Not available
-
₦3.8M Not available
-
₦1.8M Not available
-
₦4.8M Not available
-
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Live listings, not part of the index
View all 64 listings
Listings today
64 5 bedroom flats for rent in Lagos are listed right now.
Cheapest live listing
4
₦1,100,000
Flat / apartment for rent
Room Available
𝐑𝐎𝐎𝐌 𝐀𝐕𝐀𝐈𝐋𝐀𝐁𝐋𝐄 𝐅𝐎𝐑 𝐑𝐄𝐍𝐓 Lekki Scheme 2 *𝑠𝑚𝑎𝑙𝑙 𝑠𝑖𝑧𝑒𝑑 𝑟𝑜𝑜𝑚, 𝑝𝑟𝑒𝑓𝑒𝑟𝑎𝑏𝑙𝑦 𝑎 𝑠𝑖𝑛𝑔𝑙𝑒 𝑚𝑎𝑙𝑒 *𝑚𝑖𝑛𝑖 𝑠ℎ𝑎𝑟𝑒𝑑 𝑏𝑎𝑡ℎ𝑟𝑜𝑜𝑚 𝑎𝑛𝑑 𝑡𝑜𝑖𝑙𝑒𝑡 𝑜𝑢𝑡𝑠𝑖𝑑𝑒 𝑡ℎ𝑒 𝑟𝑜𝑜𝑚 *ℎ𝑜𝑢𝑠𝑒 𝑖𝑠 𝑎 𝑓𝑖𝑣𝑒 𝑏𝑒𝑑𝑟𝑜𝑜𝑚 𝑠ℎ𝑎𝑟𝑒𝑑 𝑑𝑢𝑝𝑙𝑒𝑥 𝑤𝑖𝑡ℎ 𝑎 𝑠𝑡𝑢𝑑𝑖𝑜 𝑟𝑜𝑜𝑚 --------- 𝐑𝐄𝐍𝐓 𝐃𝐄𝐓𝐀𝐈𝐋𝐒 ---------- 𝐏𝐄𝐑 𝐘𝐄𝐀𝐑 ₦ 1,100,000 𝐀𝐆𝐄𝐍𝐂𝐘 𝐅𝐄𝐄 ₦ 250,000 𝐂𝐀𝐔𝐓𝐈𝐎𝐍 𝐅𝐄𝐄 ₦ 150,000 𝐓𝐎𝐓𝐀𝐋 𝐏𝐀𝐂𝐊𝐀𝐆𝐄 ₦ 1,500,000
Lekki Peninsula Scheme 2, Lekki, Lagos
5
5
5
1
Kanbia Stays
Priciest live listing
11
$700,000
Flat / apartment for rent
Luxurious 5 Bedroom Waterfront Penthouse + BQ
For sale!!! Beautiful 5-bedroom penthouse in the prestigious Banana Island, Ikoyi, one of Lagos' most desirable addresses. Price: $700k Features: - 5 En-suite Bedrooms - Living Room - Fully Fitted Kitchen - Swimming Pool - Tennis Court - Gymnasium - Kids' Play Area - Waterfront View Each room offers great space for every sense of home styling, where comfort meets thoughtful design. Ideal for families or investors seeking lasting value in a serene, well-planned community. Location: Bella Vista,Banana Island, Ikoyi, Lagos Olu
Bellavista Estate, Banana Island, Ikoyi, Lagos
5
5
6
Jabisco Development Company Limited
Asking prices on live listings change through the month and are not used to work out the index figures above.
Frequently asked
Popular questions
What is the median yearly rent for 5 bedroom flats in Lagos?
The median yearly rent for 5 bedroom flats in Lagos is ₦82M a year, according to the Nigeria Property Centre Rent Index, September 2026 release.
What is the typical range for 5 bedroom flats in Lagos?
Half of the listings counted in September 2026 asked between ₦26.5M and ₦147.7M a year.
How many 5 bedroom flats in Lagos are listed now?
There are 64 5 bedroom flats for rent in Lagos listed right now on Nigeria Property Centre.
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 page. They are licensed under CC BY 4.0, as set out in our terms of use.
Nigeria Property Centre Rent Index, September 2026 release, Nigeria Property Centre, https://nigeriapropertycentre.com/market-trends/average-prices/for-rent/flats-apartments/lagos?bedrooms=5#release-2026-09
Get each release by email.
The Rent, House Price and Short-let Index on release day, on the 3rd working day of each month at 09:00. One email a month.