Average price of houses for rent in Lagos.
Median listing price for houses for rent in Lagos, Nigeria, broken down by locality.
Last 13 months
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.
Area-by-area detail
| Locality | Average Price | Typical Range | Max. Property Price | Min. Property Price | Total Listings | New This Month |
|---|---|---|---|---|---|---|
| Ikoyi | ₦57,480,000 | ₦48.1M to ₦82.8M | ₦120,000,000,000 | ₦2,000,000 | 4,406 | 771 |
| Eko Atlantic City | ₦47,330,000 | ₦50,000,000 | ₦46,000,000 | 3 | 0 | |
| Victoria Island (VI) | ₦38,070,000 | ₦27.4M to ₦47M | ₦2,300,000,000 | ₦100,000 | 1,797 | 282 |
| Ikeja | ₦24,970,000 | ₦18M to ₦35.6M | ₦720,000,000 | ₦2,200,000 | 1,624 | 383 |
| Maryland | ₦19,910,000 | ₦15.7M to ₦27.9M | ₦1,000,000,000 | ₦4,800,000 | 220 | 42 |
| Apapa | ₦19,170,000 | ₦500,000,000 | ₦15,000,000 | 6 | 0 | |
| Ilupeju | ₦15,650,000 | ₦15.1M to ₦15.7M | ₦180,000,000 | ₦4,000,000 | 23 | 6 |
| Ogudu | ₦15,540,000 | ₦13.8M to ₦19.7M | ₦650,000,000 | ₦1,900,000 | 272 | 62 |
| Lagos Island | ₦15,000,000 | ₦60,000,000 | ₦3,000,000 | 10 | 1 | |
| Lekki | ₦14,530,000 | ₦10.4M to ₦22.8M | ₦35,000,000,000 | ₦140,000 | 21,771 | 3,871 |
| Amuwo Odofin | ₦14,440,000 | ₦11.3M to ₦14.6M | ₦30,000,000 | ₦3,500,000 | 32 | 9 |
| Magodo | ₦13,340,000 | ₦11M to ₦17.8M | ₦400,000,000 | ₦2,000,000 | 640 | 109 |
| Gbagada | ₦12,380,000 | ₦10.6M to ₦14.2M | ₦12,000,000,000 | ₦3,000,000 | 329 | 79 |
| Surulere | ₦10,910,000 | ₦8.6M to ₦14.6M | ₦1,500,000,000 | ₦1,000,000 | 171 | 31 |
| Shomolu | ₦8,870,000 | ₦270,000,000 | ₦2,000,000 | 15 | 5 | |
| Ojodu | ₦8,820,000 | ₦8.4M to ₦15.4M | ₦230,000,000 | ₦500,000 | 96 | 11 |
| Kosofe | ₦8,560,000 | ₦12,000,000 | ₦3,500,000 | 9 | 6 | |
| Yaba | ₦7,830,000 | ₦6.1M to ₦10.2M | ₦130,000,000 | ₦160,000 | 71 | 10 |
| Isheri North | ₦7,740,000 | ₦6.5M to ₦8.6M | ₦280,000,000 | ₦2,000,000 | 108 | 15 |
| Ketu | ₦7,140,000 | ₦5M to ₦8.6M | ₦18,000,000 | ₦1,500,000 | 45 | 16 |
| Ajah | ₦7,140,000 | ₦6M to ₦9.1M | ₦50,000,000,000 | ₦210,000 | 4,560 | 856 |
| Isheri | ₦7,000,000 | ₦20,000,000 | ₦5,000,000 | 3 | 2 | |
| Alimosho | ₦6,930,000 | ₦12,000,000 | ₦700,000 | 18 | 0 | |
| Ojota | ₦6,750,000 | ₦10,000,000 | ₦3,500,000 | 2 | 0 | |
| Isolo | ₦6,420,000 | ₦5.6M to ₦11.6M | ₦20,000,000 | ₦1,500,000 | 30 | 7 |
| Agege | ₦6,280,000 | ₦4.2M to ₦7.1M | ₦12,000,000 | ₦1,800,000 | 37 | 8 |
| Ibeju Lekki | ₦4,780,000 | ₦3.6M to ₦6.9M | ₦102,000,000 | ₦250,000 | 382 | 85 |
| Ibeju | ₦3,830,000 | ₦6,000,000 | ₦3,500,000 | 3 | 0 | |
| Ipaja | ₦3,620,000 | ₦12,000,000 | ₦1,800,000 | 9 | 1 | |
| Agbara-Igbesa | ₦3,500,000 | ₦3,500,000 | ₦2,000,000 | 3 | 0 | |
| Ifako-Ijaiye | ₦3,410,000 | ₦12,000,000 | ₦2,000,000 | 16 | 0 | |
| Ikotun | ₦2,500,000 | ₦2,500,000 | ₦2,500,000 | 1 | 0 | |
| Ikorodu | ₦2,440,000 | ₦1.9M to ₦3.4M | ₦15,000,000 | ₦150,000 | 36 | 8 |
| Ojo | ₦1,800,000 | ₦2,000,000 | ₦1,400,000 | 3 | 0 | |
| Ijaiye | ₦1,500,000 | ₦2,700,000 | ₦1,300,000 | 3 | 0 |
Generated using all houses for rent in Lagos, Nigeria on Nigeria Property Centre. Prices use the median of all listings in the state.
Popular questions
What is the price of houses for rent in Lagos, Nigeria?
The average price of houses for rent in Lagos, Nigeria is ₦18,270,000/yr.
View reportWhat is the price of the most expensive houses for rent in Lagos, Nigeria?
The price of the most expensive houses for rent in Lagos, Nigeria is ₦120,000,000,000/yr.
View houseWhat is the price of the cheapest houses for rent in Lagos, Nigeria?
The price of the cheapest houses for rent in Lagos, Nigeria is ₦100,000/yr.
View houseHow many houses for rent in Lagos, Nigeria are available?
There are 13,659 available houses for rent in Lagos, Nigeria. You can view and filter the list of property by price, furnishing and recency.
Browse listingsHow 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 houses for rent in Lagos, https://nigeriapropertycentre.com/market-trends/average-prices/for-rent/houses/lagos