Gross rental yield 5.9%. Similar 2-bed houses rent for about ₦8M a year
+0.2 pts on last month
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
- −0.2%
- From ₦136.6M in Sept 2026
- On a year ago
- Available from September 2027
- First month under this method: Sept 2026
- Listings
- 2,341
- Live on any day of Oct 2026, or first published in it
- Month covered
- October 2026
- 1–31 Oct 2026
- Released
- 8 Nov 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 |
|---|---|---|---|---|---|---|---|---|---|
|
|
|||||||||
| October 2026 Latest | ₦136.3M | 5.9% | ₦93.1M–₦255.4M | 2,341 | −0.2% | From Sept 2027 | 8 Nov 2026 |
Reconstructed
Rebuilt from listings archived at the time. First month under this method.
|
Link to month |
|
|
|||||||||
| September 2026 Linked month | ₦136.6M | 5.7% | ₦93.1M–₦250.7M | 2,339 | 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 | ₦173.8M | — | 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 Lagos by size, type and area
By bedrooms Flats by bedrooms Houses by bedrooms
Localities in Lagos Localities in Lagos, houses, all sizes
Houses, all sizes · 48 localities| Locality | Figure | Gross yield | Typical range | On last month | Listings | Labels |
|---|---|---|---|---|---|---|
| Lekki | ₦386.8M | 3.9% | ₦215.8M–₦661M | +0.2% | 18,877 |
|
| Ajah | ₦177.4M | 4.4% | ₦130.1M–₦263.4M | +0.6% | 7,183 |
|
| Ikoyi | ₦2,328.7M | 2.9% | ₦1,354.6M–₦4,597.8M | +5.5% | 3,772 |
|
| Ikeja | ₦467M | 5.7% | ₦301.9M–₦694.4M | +1.1% | 3,592 |
|
| Magodo | ₦445.2M | 3.4% | ₦305.3M–₦628.8M | +1.3% | 1,376 |
|
| Victoria Island (VI) | ₦787.9M | 4.8% | ₦646.5M–₦992.9M | +1.7% | 1,222 |
|
| Ibeju Lekki | ₦93.9M | 6.2% | ₦79.8M–₦150.5M | +0.3% | 1,046 |
|
| Gbagada | ₦335.4M | 4.2% | ₦232.9M–₦434M | +7.4% | 835 |
|
| Maryland | ₦342.5M | 7.5% | ₦269.7M–₦501.4M | +0.1% | 730 |
|
| Surulere | ₦332.6M | ₦245.1M–₦423.1M | +3.2% | 698 |
|
|
| Ogudu | ₦446M | 3.9% | ₦364.6M–₦571.7M | +1.2% | 665 |
|
| Agege | ₦229.2M | ₦155.8M–₦310.6M | +9.8% | 474 |
|
|
| Ojodu | ₦271.4M | ₦206.7M–₦382.7M | +1.9% | 417 |
|
|
| Isheri North | ₦218M | ₦179.6M–₦265.3M | +2.0% | 345 |
|
|
| Yaba | ₦264.9M | ₦180.8M–₦343.6M | +2.5% | 286 |
|
|
| Ikorodu | ₦53.1M | ₦27.3M–₦95.5M | −4.4% | 262 |
|
|
| Isolo | ₦232.7M | ₦168.7M–₦335.4M | −2.1% | 242 |
|
|
| Alimosho | ₦175.6M | ₦98.8M–₦269.7M | −1.3% | 212 |
|
|
| Ipaja | ₦122.3M | ₦74.1M–₦166.7M | −3.5% | 188 |
|
|
| Amuwo Odofin | ₦323.1M | ₦233.2M–₦426.5M | +1.4% | 144 |
|
|
| Ikotun | ₦111.2M | ₦78.1M–₦153.4M | −1.2% | 141 |
|
|
| Ketu | ₦187.6M | ₦135M–₦268.8M | +4.7% | 114 |
|
|
| Ifako-Ijaiye | ₦129.5M | ₦83.7M–₦209.2M | −1.2% | 96 |
Small sample
|
|
| Ilupeju | ₦403.1M | ₦290.9M–₦602.1M | −2.5% | 67 |
Small sample
|
|
| Shomolu | ₦271.2M | ₦228.9M–₦328.3M | −1.5% | 64 |
Small sample
|
|
| Ayobo | ₦94.9M | ₦60.5M–₦129.2M | −0.6% | 60 |
Small sample
|
|
| Eko Atlantic City | ₦1,009.8M | ₦780.9M–₦1,650.7M | +4.1% | 49 |
Small sample
|
|
| Ojo | ₦124.9M | ₦66.1M–₦252.9M | −9.5% | 41 |
Small sample
|
|
| Agbara-Igbesa | ₦41.7M | ₦20.5M–₦112.6M | +7.8% | 33 |
Small sample
|
|
| Kosofe | ₦232M | ₦158.6M–₦386.7M | +6.8% | 32 |
Small sample
|
|
| Apapa | ₦472.3M | ₦168.3M–₦1,439.2M | +82.5% | 31 |
Small sample
|
|
| Epe | ₦57.9M | ₦48M–₦83.6M | +2.2% | 29 |
Small sample
|
|
| Isheri | ₦200.7M | ₦153.7M–₦257.1M | Not available | 28 |
Small sample
|
|
| Ibeju | ₦88.9M | ₦73.6M–₦121.9M | Not available | 22 |
3-month figure
|
|
| Badagry | ₦29.2M | ₦22.6M–₦58.5M | Not available | 21 |
3-month figure
|
|
| Lagos Island | — | — | — | — |
Not enough listings for October 2026
|
|
| Ijaiye | — | — | — | — |
Not enough listings for October 2026
|
|
| Mushin | — | — | — | — |
Not enough listings for October 2026
|
|
| Idimu | — | — | — | — |
Not enough listings for October 2026
|
|
| Ojota | — | — | — | — |
Not enough listings for October 2026
|
|
| Oshodi | — | — | — | — |
Not enough listings for October 2026
|
|
| Ejigbo | — | — | — | — |
Not enough listings for October 2026
|
|
| Egbe | — | — | — | — |
Not enough listings for October 2026
|
|
| Ijede | — | — | — | — |
Not enough listings for October 2026
|
|
| Oke-Odo | — | — | — | — |
Not enough listings for October 2026
|
|
| Ijesha | — | — | — | — |
Not enough listings for October 2026
|
|
| Iganmu | — | — | — | — |
Not enough listings for October 2026
|
|
| Orile | — | — | — | — |
Not enough listings for October 2026
|
-
Lekki ₦215.8M–₦661M · 18,877 listings · Gross yield 3.9%₦386.8M +0.2%
-
Ajah ₦130.1M–₦263.4M · 7,183 listings · Gross yield 4.4%₦177.4M +0.6%
-
Ikoyi ₦1,354.6M–₦4,597.8M · 3,772 listings · Gross yield 2.9%₦2,328.7M +5.5%
-
Ikeja ₦301.9M–₦694.4M · 3,592 listings · Gross yield 5.7%₦467M +1.1%
-
Magodo ₦305.3M–₦628.8M · 1,376 listings · Gross yield 3.4%₦445.2M +1.3%
-
Victoria Island (VI) ₦646.5M–₦992.9M · 1,222 listings · Gross yield 4.8%₦787.9M +1.7%
-
Ibeju Lekki ₦79.8M–₦150.5M · 1,046 listings · Gross yield 6.2%₦93.9M +0.3%
-
Gbagada ₦232.9M–₦434M · 835 listings · Gross yield 4.2%₦335.4M +7.4%
-
Maryland ₦269.7M–₦501.4M · 730 listings · Gross yield 7.5%₦342.5M +0.1%
-
Surulere ₦245.1M–₦423.1M · 698 listings₦332.6M +3.2%
-
Ogudu ₦364.6M–₦571.7M · 665 listings · Gross yield 3.9%₦446M +1.2%
-
Agege ₦155.8M–₦310.6M · 474 listings₦229.2M +9.8%
-
Ojodu ₦206.7M–₦382.7M · 417 listings₦271.4M +1.9%
-
Isheri North ₦179.6M–₦265.3M · 345 listings₦218M +2.0%
-
Yaba ₦180.8M–₦343.6M · 286 listings₦264.9M +2.5%
-
Ikorodu ₦27.3M–₦95.5M · 262 listings₦53.1M −4.4%
-
Isolo ₦168.7M–₦335.4M · 242 listings₦232.7M −2.1%
-
Alimosho ₦98.8M–₦269.7M · 212 listings₦175.6M −1.3%
-
Ipaja ₦74.1M–₦166.7M · 188 listings₦122.3M −3.5%
-
Amuwo Odofin ₦233.2M–₦426.5M · 144 listings₦323.1M +1.4%
-
Ikotun ₦78.1M–₦153.4M · 141 listings₦111.2M −1.2%
-
Ketu ₦135M–₦268.8M · 114 listings₦187.6M +4.7%
-
₦129.5M −1.2%
-
₦403.1M −2.5%
-
₦271.2M −1.5%
-
₦94.9M −0.6%
-
₦1,009.8M +4.1%
-
₦124.9M −9.5%
-
₦41.7M +7.8%
-
₦232M +6.8%
-
₦472.3M +82.5%
-
₦57.9M +2.2%
-
₦200.7M Not available
-
₦88.9M Not available
-
₦29.2M Not available
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Listings today
1,881 2 bedroom houses for sale in Lagos are listed right now.
Block of flats for sale
Newly Built and Neatly Finished 3 Units 2 Bedroom Up and Ground Flats
To Let* Newly built n neatly finished 3 units 2 bedroom up n ground flats both rooms ensuite n guest toilet all tiled with pop, kitchen cabs, wardrobes, cubicle shower, water heater n parking @ Sholuyi Gbagada 6M up flats n 5M ground flat respectively Note Working class young couples or Singles Vol 20 8
Block of flats for sale
Luxury Apartment with Hotel-Style Management
Reportage Tower Ozumba Mbadiwe, Victoria Island, Lagos Own a Luxury Hotel-Style Residence with High Rental Yield Reportage Tower is an off-plan iconic luxury apartment development delivered through a strategic partnership between Lagos State Government and Reportage Development of uae. Perfectly positioned on Ozumba Mbadiwe Road, Victoria Island, this landmark project is built to international hospitality standards and will be professionally managed by a global hospitality company, creating a seamless hotel-income ownership model. Construction Time: 36 months
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 2 bedroom houses in Lagos?
The median asking price for 2 bedroom houses in Lagos is ₦136.3M, according to the Nigeria Property Centre House Price Index, October 2026 release.
What is the typical range for 2 bedroom houses in Lagos?
Half of the listings counted in October 2026 asked between ₦93.1M and ₦255.4M.
How did 2 bedroom houses in Lagos change on last month?
The figure moved −0.2% on the previous month in the October 2026 release.
How many 2 bedroom houses in Lagos are listed now?
There are 1,881 2 bedroom houses for sale in 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 5.9%, October 2026 release, Nigeria Property Centre, https://nigeriapropertycentre.com/market-trends/average-prices/for-sale/houses/lagos?bedrooms=2#release-2026-10
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.