Nigeria Property Centre
AVERAGE PROPERTY PRICES · SEPTEMBER 2026

Average price of houses for rent in Ikoyi, Lagos.

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

Current avg price ₦57.5M/yr Sep 2026 · Not comparable with the same month last year Most listings are between ₦48.1M and ₦82.8M/yr
Last year ₦47.2M/yr Sep 2025 · Not comparable with the same month last year
Cheapest to priciest ₦2M – ₦120B Median ₦57.5M · Across 4,406 listings
MEDIAN LISTING PRICE

Last 13 months

This month Previous months Counting method changed
₦60M ₦45M ₦30M ₦15M ₦0
₦47.2M/yr September 2025
₦48M/yr October 2025
₦51.9M/yr November 2025
₦52.2M/yr December 2025
₦51.9M/yr January 2026
₦52.9M/yr February 2026
₦53.2M/yr March 2026
₦53.5M/yr April 2026
₦55.7M/yr May 2026
₦56M/yr June 2026
₦54.5M/yr July 2026
₦55.8M/yr August 2026
₦57.5M/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 ₦57,480,000
Typical ₦48.1M to ₦82.8M
Max ₦120B
Min ₦2M
Listings 4,406
New 771
Aug 2026 ₦55,770,000
Typical
Max ₦120B
Min ₦2M
Listings 4,174
New 731
Jul 2026 ₦54,510,000
Typical
Max ₦120B
Min ₦2.5M
Listings 4,061
New 891
Jun 2026 ₦55,990,000
Typical
Max ₦120B
Min ₦70K
Listings 3,950
New 839
May 2026 ₦55,660,000
Typical
Max ₦120B
Min ₦70K
Listings 3,556
New 664
Apr 2026 ₦53,540,000
Typical
Max ₦80B
Min ₦70K
Listings 3,507
New 500
Mar 2026 ₦53,170,000
Typical
Max ₦80B
Min ₦70K
Listings 3,619
New 549
Feb 2026 ₦52,860,000
Typical
Max ₦70B
Min ₦70K
Listings 3,698
New 625
Jan 2026 ₦51,940,000
Typical
Max ₦120B
Min ₦70K
Listings 3,644
New 762
Dec 2025 ₦52,220,000
Typical
Max ₦120B
Min ₦80K
Listings 3,595
New 456
Nov 2025 ₦51,920,000
Typical
Max ₦120B
Min ₦180K
Listings 3,579
New 629
Oct 2025 ₦48,030,000
Typical
Max ₦120B
Min ₦180K
Listings 3,486
New 628
Sep 2025 ₦47,210,000
Typical
Max ₦120B
Min ₦180K
Listings 3,479
New 665

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

The average price of houses for rent in Ikoyi, Lagos, Nigeria is ₦57,480,000/yr.

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

The price of the most expensive houses for rent in Ikoyi, Lagos, Nigeria is ₦120,000,000,000/yr.

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

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

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

There are 2,291 available houses for rent in Ikoyi, 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 houses for rent in Ikoyi, Lagos, https://nigeriapropertycentre.com/market-trends/average-prices/for-rent/houses/lagos/ikoyi