Nigeria Property Centre
AVERAGE PROPERTY PRICES · SEPTEMBER 2026

Average price of 5 bedroom houses for rent in Victoria Island (VI), Lagos.

13-month history of median listing price for 5 bedroom houses for rent across Victoria Island (VI), with current month vs same month last year.

Current avg price ₦60M/yr Sep 2026 · Not comparable with the same month last year Most listings are between ₦35M and ₦80M/yr
Last year ₦40M/yr Sep 2025 · Not comparable with the same month last year
Cheapest to priciest ₦100K – ₦1.5B Median ₦60M · Across 385 listings
MEDIAN LISTING PRICE

Last 13 months

This month Previous months Counting method changed
₦80M ₦60M ₦40M ₦20M ₦0
₦40M/yr September 2025
₦40M/yr October 2025
₦42M/yr November 2025
₦40M/yr December 2025
₦35M/yr January 2026
₦40M/yr February 2026
₦45M/yr March 2026
₦55M/yr April 2026
₦70M/yr May 2026
₦70M/yr June 2026
₦70M/yr July 2026
₦60M/yr August 2026
₦60M/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
₦60,000,000
Typical ₦35M to ₦80M
Max ₦1.5B
Min ₦100K
Listings 385
New 47
Aug 2026
₦60,000,000
Typical
Max ₦1.5B
Min ₦100K
Listings 365
New 54
Jul 2026
₦70,000,000
Typical
Max ₦1.5B
Min ₦100K
Listings 339
New 60
Jun 2026
₦70,000,000
Typical
Max ₦1.5B
Min ₦100K
Listings 328
New 71
May 2026
₦70,000,000
Typical
Max ₦1.5B
Min ₦5M
Listings 263
New 98
Apr 2026
₦55,000,000
Typical
Max ₦1.5B
Min ₦5M
Listings 191
New 48
Mar 2026
₦45,000,000
Typical
Max ₦800M
Min ₦95K
Listings 198
New 33
Feb 2026
₦40,000,000
Typical
Max ₦800M
Min ₦95K
Listings 225
New 27
Jan 2026
₦35,000,000
Typical
Max ₦800M
Min ₦95K
Listings 240
New 44
Dec 2025
₦40,000,000
Typical
Max ₦500M
Min ₦95K
Listings 251
New 8
Nov 2025
₦42,000,000
Typical
Max ₦500M
Min ₦95K
Listings 284
New 27
Oct 2025
₦40,000,000
Typical
Max ₦500M
Min ₦95K
Listings 298
New 55
Sep 2025
₦40,000,000
Typical
Max ₦500M
Min ₦3.3M
Listings 288
New 66

Generated using all 5 bedroom houses for rent in Victoria Island (VI), 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 5 bedroom houses for rent in Victoria Island (VI), Lagos, Nigeria?

The average price of 5 bedroom houses for rent in Victoria Island (VI), Lagos, Nigeria is ₦60,000,000/yr.

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What is the price of the most expensive 5 bedroom houses for rent in Victoria Island (VI), Lagos, Nigeria?

The price of the most expensive 5 bedroom houses for rent in Victoria Island (VI), Lagos, Nigeria is ₦1,500,000,000/yr.

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What is the price of the cheapest 5 bedroom houses for rent in Victoria Island (VI), Lagos, Nigeria?

The price of the cheapest 5 bedroom houses for rent in Victoria Island (VI), Lagos, Nigeria is ₦100,000/yr.

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How many 5 bedroom houses for rent in Victoria Island (VI), Lagos, Nigeria are available?

There are 115 available 5 bedroom houses for rent in Victoria Island (VI), 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 5 bedroom houses for rent in Victoria Island (VI), Lagos, https://nigeriapropertycentre.com/market-trends/average-prices/for-rent/houses/lagos/victoria-island?bedrooms=5