Nigeria Property Centre
AVERAGE PROPERTY PRICES · SEPTEMBER 2026

Average price of 4 bedroom houses for rent in Lagos.

Median listing price for 4 bedroom houses for rent in Lagos, Nigeria, broken down by locality.

Current avg price ₦17M/yr Sep 2026 · Not comparable with the same month last year Most listings are between ₦12.5M and ₦25.6M/yr
Last year ₦14M/yr Sep 2025 · Not comparable with the same month last year
Cheapest to priciest ₦280K – ₦50B Median ₦17M · Across 42,362 listings
MEDIAN LISTING PRICE

Last 13 months

This month Previous months Counting method changed
₦20M ₦15M ₦10M ₦5M ₦0
₦14M/yr September 2025
₦14.5M/yr October 2025
₦15.3M/yr November 2025
₦16.2M/yr December 2025
₦16.7M/yr January 2026
₦16.9M/yr February 2026
₦16.7M/yr March 2026
₦16.6M/yr April 2026
₦16.7M/yr May 2026
₦17.3M/yr June 2026
₦17.9M/yr July 2026
₦18.1M/yr August 2026
₦18.9M/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 BREAKDOWN

Area-by-area detail

Ikoyi ₦55,000,000
Typical ₦45M to ₦70M
Max ₦720M
Min ₦2M
Listings 2,471
New 467
Victoria Island (VI) ₦35,000,000
Typical ₦28M to ₦40M
Max ₦1.2B
Min ₦14M
Listings 1,019
New 179
Ikeja ₦25,000,000
Typical ₦18M to ₦35M
Max ₦600M
Min ₦4.2M
Listings 901
New 219
Maryland ₦20,000,000
Typical ₦15M to ₦30M
Max ₦60M
Min ₦8M
Listings 141
New 29
Ilupeju ₦20,000,000
Typical
Max ₦22M
Min ₦12M
Listings 11
New 2
Ogudu ₦17,000,000
Typical ₦16M to ₦20M
Max ₦650M
Min ₦8M
Listings 171
New 35
Shomolu ₦16,000,000
Typical
Max ₦270M
Min ₦16M
Listings 6
New 5
Amuwo Odofin ₦15,000,000
Typical
Max ₦20M
Min ₦10M
Listings 17
New 6
Apapa ₦15,000,000
Typical
Max ₦15M
Min ₦15M
Listings 1
New 0
Gbagada ₦15,000,000
Typical ₦13M to ₦15M
Max ₦20M
Min ₦5M
Listings 173
New 54
Surulere ₦15,000,000
Typical ₦12M to ₦20M
Max ₦25M
Min ₦4M
Listings 75
New 16
Magodo ₦13,000,000
Typical ₦12M to ₦18M
Max ₦400M
Min ₦4.5M
Listings 358
New 64
Lekki ₦13,000,000
Typical ₦10M to ₦20M
Max ₦25B
Min ₦280K
Listings 13,092
New 2,421
Yaba ₦12,500,000
Typical ₦10M to ₦15M
Max ₦130M
Min ₦6M
Listings 21
New 3
Ifako-Ijaiye ₦12,000,000
Typical
Max ₦12M
Min ₦12M
Listings 1
New 0
Lagos Island ₦12,000,000
Typical
Max ₦50M
Min ₦9M
Listings 7
New 1
Ketu ₦10,000,000
Typical
Max ₦18M
Min ₦10M
Listings 7
New 3
Alimosho ₦10,000,000
Typical
Max ₦12M
Min ₦4M
Listings 6
New 0
Ojodu ₦10,000,000
Typical ₦10M to ₦18M
Max ₦230M
Min ₦4.5M
Listings 58
New 4
Ojota ₦10,000,000
Typical
Max ₦10M
Min ₦10M
Listings 1
New 0
Kosofe ₦10,000,000
Typical
Max ₦12M
Min ₦10M
Listings 3
New 2
Isheri North ₦9,000,000
Typical ₦8M to ₦10M
Max ₦280M
Min ₦5M
Listings 52
New 4
Agege ₦8,500,000
Typical
Max ₦12M
Min ₦4M
Listings 15
New 6
Isolo ₦8,000,000
Typical
Max ₦13.5M
Min ₦8M
Listings 8
New 6
Ajah ₦8,000,000
Typical ₦7M to ₦10M
Max ₦50B
Min ₦4M
Listings 2,402
New 469
Isheri ₦8,000,000
Typical
Max ₦20M
Min ₦8M
Listings 2
New 2
Ibeju Lekki ₦6,000,000
Typical ₦5M to ₦10M
Max ₦35M
Min ₦2M
Listings 146
New 31
Ipaja ₦4,500,000
Typical
Max ₦12M
Min ₦4.5M
Listings 4
New 0
Ikorodu ₦4,000,000
Typical
Max ₦15M
Min ₦1.3M
Listings 10
New 2
Ibeju ₦3,500,000
Typical
Max ₦6M
Min ₦3.5M
Listings 2
New 0

Generated using all 4 bedroom houses for rent in Lagos, Nigeria on Nigeria Property Centre. Prices use the median of all listings in the state.

Frequently asked

Popular questions

What is the price of 4 bedroom houses for rent in Lagos, Nigeria?

The average price of 4 bedroom houses for rent in Lagos, Nigeria is ₦16,960,000/yr.

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What is the price of the most expensive 4 bedroom houses for rent in Lagos, Nigeria?

The price of the most expensive 4 bedroom houses for rent in Lagos, Nigeria is ₦50,000,000,000/yr.

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What is the price of the cheapest 4 bedroom houses for rent in Lagos, Nigeria?

The price of the cheapest 4 bedroom houses for rent in Lagos, Nigeria is ₦280,000/yr.

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How many 4 bedroom houses for rent in Lagos, Nigeria are available?

There are 7,754 available 4 bedroom houses for rent in 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 4 bedroom houses for rent in Lagos, https://nigeriapropertycentre.com/market-trends/average-prices/for-rent/houses/lagos?bedrooms=4