Nigeria Property Centre
AVERAGE PROPERTY PRICES · SEPTEMBER 2026

Average price of houses for rent in Ikeja, Lagos.

13-month history of median listing price for houses for rent across Ikeja, with current month vs same month last year.

Current avg price ₦25M/yr Sep 2026 · Not comparable with the same month last year Most listings are between ₦18M and ₦35.6M/yr
Last year ₦15.2M/yr Sep 2025 · Not comparable with the same month last year
Cheapest to priciest ₦2.2M – ₦720M Median ₦25M · Across 1,624 listings
MEDIAN LISTING PRICE

Last 13 months

This month Previous months Counting method changed
₦40M ₦30M ₦20M ₦10M ₦0
₦15.2M/yr September 2025
₦15.2M/yr October 2025
₦15.8M/yr November 2025
₦17.6M/yr December 2025
₦18.9M/yr January 2026
₦20M/yr February 2026
₦20M/yr March 2026
₦20.2M/yr April 2026
₦21.1M/yr May 2026
₦22.2M/yr June 2026
₦23M/yr July 2026
₦23.6M/yr August 2026
₦25M/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
₦24,970,000
Typical ₦18M to ₦35.6M
Max ₦720M
Min ₦2.2M
Listings 1,624
New 383
Aug 2026
₦23,560,000
Typical
Max ₦720M
Min ₦2.2M
Listings 1,508
New 230
Jul 2026
₦23,020,000
Typical
Max ₦720M
Min ₦2.2M
Listings 1,513
New 293
Jun 2026
₦22,220,000
Typical
Max ₦720M
Min ₦2M
Listings 1,498
New 232
May 2026
₦21,120,000
Typical
Max ₦720M
Min ₦2M
Listings 1,472
New 264
Apr 2026
₦20,240,000
Typical
Max ₦850M
Min ₦1.7M
Listings 1,427
New 223
Mar 2026
₦20,040,000
Typical
Max ₦1B
Min ₦290K
Listings 1,458
New 264
Feb 2026
₦19,990,000
Typical
Max ₦1B
Min ₦200K
Listings 1,461
New 232
Jan 2026
₦18,860,000
Typical
Max ₦1B
Min ₦130K
Listings 1,456
New 283
Dec 2025
₦17,550,000
Typical
Max ₦1B
Min ₦130K
Listings 1,447
New 212
Nov 2025
₦15,760,000
Typical
Max ₦1B
Min ₦130K
Listings 1,401
New 215
Oct 2025
₦15,190,000
Typical
Max ₦1B
Min ₦130K
Listings 1,394
New 254
Sep 2025
₦15,200,000
Typical
Max ₦850M
Min ₦130K
Listings 1,377
New 265

Generated using all houses for rent in Ikeja, 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 houses for rent in Ikeja, Lagos, Nigeria?

The average price of houses for rent in Ikeja, Lagos, Nigeria is ₦24,970,000/yr.

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What is the price of the most expensive houses for rent in Ikeja, Lagos, Nigeria?

The price of the most expensive houses for rent in Ikeja, Lagos, Nigeria is ₦720,000,000/yr.

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What is the price of the cheapest houses for rent in Ikeja, Lagos, Nigeria?

The price of the cheapest houses for rent in Ikeja, Lagos, Nigeria is ₦2,200,000/yr.

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How many houses for rent in Ikeja, Lagos, Nigeria are available?

There are 984 available houses for rent in Ikeja, 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. They are licensed under CC BY 4.0, as set out in our terms of use.

Source: Nigeria Property Centre, Average price of houses for rent in Ikeja, Lagos, https://nigeriapropertycentre.com/market-trends/average-prices/for-rent/houses/lagos/ikeja