Gross rental yield 2.4%. Similar flats rent for about ₦5.8M a year
Gross yield: a year's typical asking rent divided by the typical asking price, before service charge, maintenance, agency fees, empty months and tax. Furnished and serviced lets are included.
- 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
- 137
- Live on any day of Sept 2026, or first published in it
- Month covered
- September 2026
- 1–30 Sep 2026
- Released
- 11 Oct 2026
- Next release: 3 Dec 2026
Monthly figure since September 2026
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.
Month by month
Each month has its own link. Use it when you quote a figure.
| Month | Figure | Gross yield | Typical range | Listings | On last month | On a year ago | Released | Notes | Link |
|---|---|---|---|---|---|---|---|---|---|
|
|
|||||||||
| September 2026 Latest | ₦236.9M | 2.4% | ₦148.8M–₦291.4M | 137 | Not available | From Sept 2027 | 11 Oct 2026 |
Reconstructed
Rebuilt from listings archived at the time. First month under this method.
|
Link to month |
| Method changed, September 2026. Figures above and below this line are not comparable, and no change is worked out across it. | |||||||||
| August 2026 Previous method | ₦241.3M | — | Not published | — | Not comparable | Not comparable | Sept 2026 | Previous method: median asking price of listings created in the previous six months. Not comparable with later months. | |
Sale in Magodo by size, type
By bedrooms Flats by bedrooms Houses by bedrooms
Listings today
94 flats for sale in Magodo, Lagos are listed right now.
Mini flat (room and parlour) for sale
Luxury One Bedroom Apartment
A spacious and well-maintained 1-Bedroom Apartment is available for sale at the prestigious LagosHOMS Estate, UNILAG Estate, Magodo Phase 1, Isheri, Lagos. Price: ₦55 Million Title: Certificate of Occupancy (C of O) Located within a secure, serene, and fully gated residential community, this property offers a peaceful living environment with excellent accessibility and estate security. An ideal choice for both homeowners and investors seeking value in a prime Lagos location. Don't miss this great investment opportunity.
Flat / apartment for sale
3 Bedroom Flat / Apartment (6 Units)
Well built 6 units of 3 bedrooms apartment (all ensuite) for sale. Location: Shangisha Price: #900M Amenities: - Individual meters for each flat - Compound light and pumping machine on separate meter and solar inverter - 12 car park space - Security guard house - Parking space outside for visitors
Asking prices on live listings change through the month and are not used to work out the index figures above.
Popular questions
What is the median asking price for flats in Magodo, Lagos?
The median asking price for flats in Magodo, Lagos is ₦236.9M, according to the Nigeria Property Centre House Price Index, September 2026 release.
What is the typical range for flats in Magodo, Lagos?
Half of the listings counted in September 2026 asked between ₦148.8M and ₦291.4M.
How many flats in Magodo, Lagos are listed now?
There are 94 flats for sale in Magodo, 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.
House Price Index, gross rental yield 2.4%, September 2026 release, Nigeria Property Centre, https://nigeriapropertycentre.com/market-trends/average-prices/for-sale/flats-apartments/lagos/magodo#release-2026-09
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.