Nigeria Property Centre
NIGERIA PROPERTY CENTRE RENT INDEX · OCTOBER 2026 RELEASE

House rent in Ilupeju, Lagos, Nigeria Property Centre Rent Index

Median yearly asking rent for houses across Ilupeju, Lagos, from listings live on any day of the month, or first published in it.

Median yearly rent · September–October 2026 ₦16.9M /year Typical: ₦12.5M–₦20.8M Half of listings asked between these two rents.
3-month figure Reconstructed
Pooled over 2 months Too few listings in Ilupeju in one month, so this figure uses listings from September and October 2026.
On last month
Not available
Not worked out for 3-month figures
On a year ago
Not available
Not worked out for 3-month figures
Listings
27
Across 2 months
Months covered
Sept–Oct 2026
Released
8 Nov 2026
Next release: 3 Dec 2026
Permalink
#release-2026-10
MEDIAN YEARLY RENT

Monthly figure since September 2026

Median Typical range Previous method
Oct 2026 Previous method On last month Median ₦16.9M Typical range ₦12.5M–₦20.8M Tap a month to see its figures
Method changed
₦30M ₦22.5M ₦15M ₦7.5M ₦0
₦3.2M
₦2.8M
₦2.8M
₦2.4M
₦2.9M
₦3.4M
₦4.2M
₦3.6M
₦3M
₦4.7M
₦7.2M
₦11.4M
₦15.5M
'14 '15 '16 '17 '18 '19 '20 '21 '22 '23 '24 '25 Aug
₦16.1M
₦16.9M
Sep Oct

Grey bars, 2014–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.

October 2026 Released 8 Nov 2026 · Latest
₦16.9M
₦12.5M–₦20.8M · 27 listings
On last month Not available
On a year ago Not available
3-month figure Reconstructed
Rebuilt from listings archived at the time. First month under this method.
September 2026 Released 11 Oct 2026
₦16.1M
₦12.3M–₦20M · 23 listings
On last month Not available
On a year ago From Sept 2027
Small sample 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
₦15.5M
Range not published · —
On last monthNot comparable
On a year agoNot comparable
Live listings, not part of the index

Listings today

16 houses for rent in Ilupeju, Lagos are listed right now.

View all 16 listings
Cheapest live listing
Newly Renovated 3 Bedrooms Terraced Duplex with Boys Quarter
12
₦9,500,000

Semi-detached duplex for rent

Newly Renovated 3 Bedrooms Terraced Duplex with Boys Quarter

Exquisitely finished clean, modern and newly renovated 3-bedroom terrace duplex with Boys' Quarter end of Terrace for rent in a serene and gated 2a Akinsete Street off Johnson Street, Ilupeju. Features: 2 minutes walk from Indian School 4 car carparking 5 minutes to Spar, Barsa, Indian centre and other shops 24hr Security Gate house Rent: ₦9,500,000.00 Note: the price can still can still be reviewed after showing interest.

Johnson Estate, Ilupeju, Lagos
3 5 5 5
Phantom Realties
Priciest live listing
A Bungalow on a 680 SQM of Land.
Premium
4
₦30,000,000

Detached bungalow for rent

A Bungalow on a 680 SQM of Land.

Prime property for lease at illupeju, lagos. A Bare land measuring 680square metres with bungalows for suitable - Carlot, Mall, Office use, Filling Station, Gas Plant etc. Location - iIIupeju Bye- Pass, illupeju. Lagos rent- N30Million per annum. Term-2 - 5 years.Dada

Bye-Pass, Ilupeju, Lagos
3 3 4 10
Property Finders (Ibile Global Mart 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 houses in Ilupeju, Lagos?

The median yearly rent for houses in Ilupeju, Lagos is ₦16.9M a year, according to the Nigeria Property Centre Rent Index, October 2026 release.

What is the typical range for houses in Ilupeju, Lagos?

Half of the listings counted in October 2026 asked between ₦12.5M and ₦20.8M a year.

How many houses in Ilupeju, Lagos are listed now?

There are 16 houses for rent in Ilupeju, 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/ilupeju#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.

We use your email only to send you the Rent, House Price and Short-let Index and, in it, links to our other market reports and data. See our privacy policy.