On last month
+2.3%
On a year ago
From Sept 2027
Reconstructed
Rebuilt from listings archived at the time. First month under this method.
Median yearly rent · October 2026
₦18.1M
/year
Typical: ₦10.2M–₦40.5M
Half of listings asked between these two rents.
Reconstructed
Reconstructed
October 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
- +2.3%
- From ₦17.7M in Sept 2026
- On a year ago
- Available from September 2027
- First month under this method: Sept 2026
- Listings
- 14,202
- Live on any day of Oct 2026, or first published in it
- Month covered
- October 2026
- 1–31 Oct 2026
- Released
- 8 Nov 2026
- Next release: 3 Dec 2026
MEDIAN YEARLY RENT
Monthly figure since September 2026
Median
Typical range
Previous method
Oct 2026
Previous method
On last month
Median
₦18.1M
Typical range
₦10.2M–₦40.5M
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
₦60M
₦45M
₦30M
₦15M
₦0
₦3.4M
₦3.2M
₦2.7M
₦3.7M
₦3.8M
₦3.9M
₦3.8M
₦3.9M
₦3.8M
₦4.7M
₦5.6M
₦6.2M
₦8.8M
₦13.7M
₦19.5M
'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
₦17.7M
₦18.1M
Sep
Sep '26
Oct
Oct '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 |
|---|---|---|---|---|---|---|---|---|
|
|
||||||||
| October 2026 Latest | ₦18.1M | ₦10.2M–₦40.5M | 14,202 | +2.3% | From Sept 2027 | 8 Nov 2026 |
Reconstructed
Rebuilt from listings archived at the time. First month under this method.
|
Link to month |
|
|
||||||||
| September 2026 Linked month | ₦17.7M | ₦10.1M–₦39.3M | 14,101 | 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 | ₦19.5M | 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. | |
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.
Method changed, Sept 2026. No change is worked out across this line.
August 2026
Released Sept 2026 · Previous method
₦19.5M
On last monthNot comparable
On a year agoNot comparable
BREAKDOWN · OCTOBER 2026
Rent in Lagos by size, type and area
By bedrooms Flats by bedrooms Houses by bedrooms
Localities in Lagos Localities in Lagos, houses, all sizes
Houses, all sizes · 35 localities| Locality | Figure | Typical range | On last month | Listings | Labels |
|---|---|---|---|---|---|
| Lekki | ₦15.2M | ₦10.2M–₦24.5M | −0.9% | 6,936 |
|
| Ikoyi | ₦67.3M | ₦48.4M–₦90.8M | +4.2% | 2,449 |
|
| Ajah | ₦7.8M | ₦6.3M–₦9.8M | +1.0% | 1,619 |
|
| Ikeja | ₦26.4M | ₦17.8M–₦41M | +0.4% | 1,008 |
|
| Victoria Island (VI) | ₦38M | ₦27.3M–₦49.8M | +2.6% | 845 |
|
| Magodo | ₦15.1M | ₦10.2M–₦21.1M | +4.2% | 269 |
|
| Ibeju Lekki | ₦5.8M | ₦3.7M–₦8.2M | +5.1% | 236 |
|
| Gbagada | ₦14M | ₦11.6M–₦16.9M | −2.3% | 180 |
|
| Maryland | ₦25.5M | ₦16.1M–₦38.3M | +10.5% | 148 |
|
| Ogudu | ₦17.5M | ₦13.7M–₦24.3M | +9.9% | 129 |
|
| Surulere | ₦13.1M | ₦10.1M–₦17.2M | −4.1% | 62 |
Small sample
|
| Isheri North | ₦8.1M | ₦6.8M–₦10.4M | +2.1% | 60 |
Small sample
|
| Ojodu | ₦9.8M | ₦7.5M–₦18.5M | −7.7% | 49 |
Small sample
|
| Yaba | ₦11.2M | ₦8.2M–₦16.6M | −13.3% | 31 |
Small sample
|
| Ilupeju | ₦16.9M | ₦12.5M–₦20.8M | Not available | 27 |
3-month figure
|
| Ikorodu | ₦1.7M | ₦973.1K–₦3.3M | +29.1% | 26 |
Small sample
|
| Isolo | ₦8.5M | ₦7.6M–₦13.9M | Not available | 22 |
3-month figure
|
| Ketu | ₦10.3M | ₦9.6M–₦11M | Not available | 20 |
Small sample
|
| Amuwo Odofin | ₦15.8M | ₦11M–₦20.3M | +8.4% | 20 |
Small sample
|
| Eko Atlantic City | — | — | — | — |
Not enough listings for October 2026
|
| Isheri | — | — | — | — |
Not enough listings for October 2026
|
| Epe | — | — | — | — |
Not enough listings for October 2026
|
| Kosofe | — | — | — | — |
Not enough listings for October 2026
|
| Ibeju | — | — | — | — |
Not enough listings for October 2026
|
| Lagos Island | — | — | — | — |
Not enough listings for October 2026
|
| Ipaja | — | — | — | — |
Not enough listings for October 2026
|
| Apapa | — | — | — | — |
Not enough listings for October 2026
|
| Alimosho | — | — | — | — |
Not enough listings for October 2026
|
| Agbara-Igbesa | — | — | — | — |
Not enough listings for October 2026
|
| Agege | — | — | — | — |
Not enough listings for October 2026
|
| Ifako-Ijaiye | — | — | — | — |
Not enough listings for October 2026
|
| Ojo | — | — | — | — |
Not enough listings for October 2026
|
| Shomolu | — | — | — | — |
Not enough listings for October 2026
|
| Ojota | — | — | — | — |
Not enough listings for October 2026
|
| Ikotun | — | — | — | — |
Not enough listings for October 2026
|
-
Lekki ₦10.2M–₦24.5M · 6,936 listings₦15.2M −0.9%
-
Ikoyi ₦48.4M–₦90.8M · 2,449 listings₦67.3M +4.2%
-
Ajah ₦6.3M–₦9.8M · 1,619 listings₦7.8M +1.0%
-
Ikeja ₦17.8M–₦41M · 1,008 listings₦26.4M +0.4%
-
Victoria Island (VI) ₦27.3M–₦49.8M · 845 listings₦38M +2.6%
-
Magodo ₦10.2M–₦21.1M · 269 listings₦15.1M +4.2%
-
Ibeju Lekki ₦3.7M–₦8.2M · 236 listings₦5.8M +5.1%
-
Gbagada ₦11.6M–₦16.9M · 180 listings₦14M −2.3%
-
Maryland ₦16.1M–₦38.3M · 148 listings₦25.5M +10.5%
-
Ogudu ₦13.7M–₦24.3M · 129 listings₦17.5M +9.9%
-
₦13.1M −4.1%
-
₦8.1M +2.1%
-
₦9.8M −7.7%
-
₦11.2M −13.3%
-
₦16.9M Not available
-
₦1.7M +29.1%
-
₦8.5M Not available
-
₦10.3M Not available
-
₦15.8M +8.4%
-
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Live listings, not part of the index
View all 12,462 listings
Listings today
12,462 houses for rent in Lagos are listed right now.
Cheapest live listing
Verified Photos
5
₦15,000
Terraced duplex for rent
4 Bedroom
4 bedroom terrace witha room bq in Magodo phase 2, Lagos Rent - #10M
Magodo Phase 2, Magodo, Lagos
4
4
4
Matt &matea Ventures
Priciest live listing
1
$75,000,000
Terraced duplex for rent
Serviced 3 Bedroom Apartment with BQ
Serviced 3 Bedroom Apartment with Bq
Azuri Towers, Eko Atlantic, Victoria Island (VI), Lagos
3
4
4
Quick Transaction Ventures
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 houses in Lagos?
The median yearly rent for houses in Lagos is ₦18.1M a year, according to the Nigeria Property Centre Rent Index, October 2026 release.
What is the typical range for houses in Lagos?
Half of the listings counted in October 2026 asked between ₦10.2M and ₦40.5M a year.
How did houses in Lagos change on last month?
The figure moved +2.3% on the previous month in the October 2026 release.
How many houses in Lagos are listed now?
There are 12,462 houses 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, October 2026 release, Nigeria Property Centre, https://nigeriapropertycentre.com/market-trends/average-prices/for-rent/houses/lagos#release-2026-10
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.