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

Rent in Magboro, Ogun, Nigeria Property Centre Rent Index

Median yearly asking rent for flats and houses across Magboro, Ogun, from listings live on any day of the month, or first published in it.

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Median yearly rent · September 2026 ₦1.2M /year Typical: ₦765K–₦1.7M Half of listings asked between these two rents.
Small sample Reconstructed
Based on 88 listings Figures from 20 to 99 listings move more from month to month. Quote them with care.
On last month
Not available
First month under this method
On a year ago
Available from September 2027
First month under this method: Sept 2026
Listings
88
Small sample: 20–99
Month covered
September 2026
1–30 Sep 2026
Released
11 Oct 2026
Next release: 4 Nov 2026
Permalink
#release-2026-09
MEDIAN YEARLY RENT

Monthly figure since September 2026

Median Typical range Previous method
Sept 2026 Previous method On last month Median ₦1.2M Typical range ₦765K–₦1.7M Tap a month to see its figures
Method changed
₦2M ₦1.5M ₦1M ₦500K ₦0
₦800K
₦444.6K
₦320.8K
₦376.1K
₦703.9K
₦274.3K
₦311.3K
₦348K
₦336.9K
₦385.9K
₦493.6K
₦486.9K
₦555K
₦778.1K
₦1.2M
'12 '13 '14 '15 '16 '17 '18 '19 '20 '21 '22 '23 '24 '25 Aug
₦1.2M
Sep

Grey bars, 2012–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.

September 2026 Released 11 Oct 2026 · Latest
₦1.2M
₦765K–₦1.7M · 88 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
₦1.2M
Range not published · —
On last monthNot comparable
On a year agoNot comparable
BREAKDOWN · SEPTEMBER 2026

Rent in Magboro by size, type

By bedrooms

Live listings, not part of the index

Listings today

19 flats and houses for rent in Magboro, Ogun are listed right now.

View all 19 listings
Cheapest live listing
Newly Built 2 Bedroom Flat with Personal Prepaid Meter
Featured
25
₦700,000

Flat / apartment for rent

Newly Built 2 Bedroom Flat with Personal Prepaid Meter

Sote Magboro Lettings! Newly built spacious 2 bedroom flat with a big kitchen, big palour, personal prepaid meter and all round pop finishing available for rent in Sote Magboro behind CK10 Makogi axis. It is situated in a very wide compound with excessive ventilation, floored compound with no landlord. Upstairs and downstairs units available. Annual Rent: 700k Total Package: 1.1m

Sote Ibafo, Magboro, Ogun
2 2 3 9
Real Legend Homes LTD
Priciest live listing
Magnificent Serviced Apartment Facility
19
₦60,000,000

Hotel / guest house for rent

Magnificent Serviced Apartment Facility

For Lease (Direct Brief) Massive Hospitality Facility For Lease Functional magnificent service apartment facility is available for lease in the heart of Ibafo by Mountain Top University. Lease Sum: 60m (5 Years Upfront) Facilitators' fee: 10% It Consists of: 3 Units of 2 bedroom flats 1 unit of mini flat Owner is willing to build a 15-20 rooms hotel facility at the empty land beside this facility within 3 months for any interested investor. Facilities: -Gym -Swimming pool -Two staff rooms -Bar & lounge - Reception -Stores -Two offices - 120 kva Generator - 60 kva Generator -40kva solar electricity -32 channels CCTV surveillance cameras - Star link internet 24 hrs -Fully connected intercom - kitchen -Security post - 600 sqms - Car Park for 20 Cars - 24 hours electricity -Orthopedic beds -17 units 1.5 hp Acs - Wardrobes 150m Annual revenue generation projection. (Accounts Statements available) Full video of this facility is available for viewing on request via WhatsApp Note: An interested client must first send a letter of intent for inspection before visiting our office. Inspection date and time should be communicated in the letter. Letter address: The Managing Director, Real Legend Homes Ltd. KM 39, Asese Bus stop, Asese Ibafo, Ogun State Ref: Magnificent Service Apartment Facility in Kara Ibafo a compulsory 'Viewing Fee' of 20k is payable in our office before a physical inspection.

Short Drive From Arepo, by Mountain Top University, Magboro, Ogun
11 11 13 20
Real Legend Homes LTD

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 flats and houses in Magboro, Ogun?

The median yearly rent for flats and houses in Magboro, Ogun is ₦1.2M a year, according to the Nigeria Property Centre Rent Index, September 2026 release.

What is the typical range for flats and houses in Magboro, Ogun?

Half of the listings counted in September 2026 asked between ₦765K and ₦1.7M a year.

How many flats and houses in Magboro, Ogun are listed now?

There are 19 flats and houses for rent in Magboro, Ogun 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, September 2026 release, Nigeria Property Centre, https://nigeriapropertycentre.com/market-trends/average-prices/for-rent/ogun/magboro#release-2026-09

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