Nigeria Property Centre
AVERAGE PROPERTY PRICES · SEPTEMBER 2026

Average price of houses for rent in Nigeria.

Median listing price for houses for rent in Nigeria, broken down by state.

Current avg price ₦19.7M/yr Sep 2026 · Not comparable with the same month last year Most listings are between ₦15.3M and ₦28.6M/yr
Last year ₦14.7M/yr Sep 2025 · Not comparable with the same month last year
Cheapest to priciest ₦80K – ₦120B Median ₦19.7M · Across 43,317 listings
MEDIAN LISTING PRICE

Last 13 months

This month Previous months Counting method changed
₦20M ₦15M ₦10M ₦5M ₦0
₦14.7M/yr September 2025
₦15M/yr October 2025
₦15.5M/yr November 2025
₦16M/yr December 2025
₦16.7M/yr January 2026
₦17.2M/yr February 2026
₦16.8M/yr March 2026
₦17.2M/yr April 2026
₦18M/yr May 2026
₦18.6M/yr June 2026
₦18.9M/yr July 2026
₦19.2M/yr August 2026
₦19.7M/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

Lagos ₦20,160,000
Typical ₦15.5M to ₦29.5M
Max ₦120B
Min ₦100K
Listings 36,754
New 6,676
Abuja ₦18,100,000
Typical ₦14.9M to ₦24.4M
Max ₦15B
Min ₦80K
Listings 6,078
New 1,109
Kano ₦13,100,000
Typical
Max ₦25M
Min ₦1.5M
Listings 15
New 1
Plateau ₦12,500,000
Typical
Max ₦20M
Min ₦5M
Listings 2
New 0
Delta ₦10,730,000
Typical
Max ₦78M
Min ₦2.5M
Listings 11
New 2
Rivers ₦10,150,000
Typical ₦7M to ₦11.7M
Max ₦30M
Min ₦1.5M
Listings 109
New 23
Oyo ₦6,480,000
Typical ₦4.8M to ₦9.7M
Max ₦300M
Min ₦400K
Listings 230
New 69
Enugu ₦5,970,000
Typical
Max ₦15M
Min ₦800K
Listings 7
New 0
Ogun ₦4,000,000
Typical ₦3.5M to ₦6.5M
Max ₦28M
Min ₦800K
Listings 45
New 10
Imo ₦3,500,000
Typical
Max ₦7.5M
Min ₦300K
Listings 12
New 1
Akwa Ibom ₦2,560,000
Typical ₦1.8M to ₦4.2M
Max ₦36M
Min ₦600K
Listings 39
New 5
Nasarawa ₦2,000,000
Typical
Max ₦2M
Min ₦2M
Listings 1
New 0
Edo ₦1,750,000
Typical
Max ₦4.5M
Min ₦800K
Listings 10
New 4
Abia ₦1,000,000
Typical
Max ₦1M
Min ₦1M
Listings 1
New 0
Anambra ₦500,000
Typical
Max ₦1.5M
Min ₦400K
Listings 3
New 2

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

Frequently asked

Popular questions

What is the price of houses for rent in Nigeria?

The average price of houses for rent in Nigeria is ₦19,720,000/yr.

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

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

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

The price of the cheapest houses for rent in Nigeria is ₦80,000/yr.

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How many houses for rent in Nigeria are available?

There are 16,658 available houses for rent in 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 Nigeria, https://nigeriapropertycentre.com/market-trends/average-prices/for-rent/houses