Nigeria Property Centre
Market Trends · Monthly index

Nigeria Property Centre Rent, House Price and Short-let Index.

Median asking rents, sale prices and short-let nightly rates for every state, measured each month from listings active on Nigeria Property Centre.

Latest release:
September 2026
Released:
11 Oct 2026
Next release:
4 Nov 2026
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RENT INDEX

Nigeria Property Centre Rent Index

₦12.7M /year
Typical: ₦6.4M–₦26.3M
Reconstructed
On last month
Not available
On a year ago
From Sept 2027
Listings
43,136
Sept 2026 · Released 11 Oct 2026 View index
HOUSE PRICE INDEX

Nigeria Property Centre House Price Index

₦301M
Typical: ₦162.2M–₦579.3M
Reconstructed
On last month
Not available
On a year ago
From Sept 2027
Listings
73,376
Sept 2026 · Released 11 Oct 2026 View index
SHORT-LET INDEX

Nigeria Property Centre Short-let Index

₦156.1K /night
Typical: ₦106K–₦223.4K
Reconstructed
On last month
Not available
On a year ago
From Sept 2027
Listings
13,218
Sept 2026 · Released 11 Oct 2026 View index
SEPTEMBER 2026 RELEASE

This month's release

Released 11 Oct 2026, 09:00 WAT

Biggest movers, rent

Biggest movers, house price

Biggest movers, short-let

Change on last month by state. States with 100 or more listings only.

Biggest rises

None this month.

Biggest falls

None this month.

Biggest rises

None this month.

Biggest falls

None this month.

Biggest rises

None this month.

Biggest falls

None this month.

BY STATE

Rent by state, September 2026

Median yearly rent, all property types and sizes. Select a column to sort; select a state for its full figures.

Lagos ₦13.1M Typical ₦6.5M–₦27.5M On last month: Not available On a year ago: From Sept 2027 Listings: 35,739
Abuja ₦12.4M Typical ₦7.1M–₦23.1M On last month: Not available On a year ago: From Sept 2027 Listings: 6,684
Rivers ₦5.1M Typical ₦2.4M–₦10.6M On last month: Not available On a year ago: From Sept 2027 Listings: 199
Oyo ₦4.2M Typical ₦1.6M–₦7.9M On last month: Not available On a year ago: From Sept 2027 Listings: 203
Akwa Ibom ₦2.7M Typical ₦1.4M–₦4.2M On last month: Not available On a year ago: From Sept 2027 Listings: 22
Small sample
Delta ₦1.7M Typical ₦1.3M–₦2.6M On last month: Not available On a year ago: From Sept 2027 Listings: 31
Small sample
Ogun ₦1.2M Typical ₦678.7K–₦2.3M On last month: Not available On a year ago: From Sept 2027 Listings: 258
Enugu — Typical — On last month: Not available On a year ago: Not available Listings: —
Not enough listings for September 2026
Nasarawa — Typical — On last month: Not available On a year ago: Not available Listings: —
Not enough listings for September 2026
Edo — Typical — On last month: Not available On a year ago: Not available Listings: —
Not enough listings for September 2026
Anambra — Typical — On last month: Not available On a year ago: Not available Listings: —
Not enough listings for September 2026
Showing 11 of 17 states. Year-on-year changes start a year after each series' first month, as the method changed in September 2026.
BY STATE

Sale by state, September 2026

Median asking price, all property types and sizes. Select a column to sort; select a state for its full figures.

Lagos ₦318.5M Typical ₦171.6M–₦614M On last month: Not available On a year ago: From Sept 2027 Listings: 58,694
Abuja ₦285.6M Typical ₦155.9M–₦549.3M On last month: Not available On a year ago: From Sept 2027 Listings: 11,082
Delta ₦261.3M Typical ₦126M–₦380M On last month: Not available On a year ago: From Sept 2027 Listings: 60
Small sample
Rivers ₦196.4M Typical ₦111.3M–₦338.8M On last month: Not available On a year ago: From Sept 2027 Listings: 862
Anambra ₦173.2M Typical ₦89.9M–₦298M On last month: Not available On a year ago: From Sept 2027 Listings: 32
Small sample
Enugu ₦156.6M Typical ₦107.4M–₦231.3M On last month: Not available On a year ago: From Sept 2027 Listings: 372
Oyo ₦152M Typical ₦72.3M–₦265.5M On last month: Not available On a year ago: From Sept 2027 Listings: 1,125
Imo ₦143.9M Typical ₦100.8M–₦221.1M On last month: Not available On a year ago: From Sept 2027 Listings: 37
Small sample
Edo ₦126.5M Typical ₦75.8M–₦225.4M On last month: Not available On a year ago: From Sept 2027 Listings: 87
Small sample
Ondo ₦79.8M Typical ₦49.7M–₦117.8M On last month: Not available On a year ago: From Sept 2027 Listings: 44
Small sample
Ogun ₦73M Typical ₦48.5M–₦130.1M On last month: Not available On a year ago: From Sept 2027 Listings: 791
Showing 11 of 27 states. Year-on-year changes start a year after each series' first month, as the method changed in September 2026.
BY STATE

Short-let by state, September 2026

Median nightly rate, all property types and sizes. Select a column to sort; select a state for its full figures.

Enugu ₦165.9K Typical ₦123.1K–₦218.9K On last month: Not available On a year ago: From Sept 2027 Listings: 35
Small sample
Lagos ₦159.4K Typical ₦108.7K–₦231.1K On last month: Not available On a year ago: From Sept 2027 Listings: 10,858
Edo ₦148.8K Typical ₦105.9K–₦178.2K On last month: Not available On a year ago: From Sept 2027 Listings: 22
Small sample
Rivers ₦146.5K Typical ₦106.8K–₦188.6K On last month: Not available On a year ago: From Sept 2027 Listings: 107
Abuja ₦143K Typical ₦96.7K–₦200.7K On last month: Not available On a year ago: From Sept 2027 Listings: 2,029
Oyo ₦141.5K Typical ₦93.6K–₦201.1K On last month: Not available On a year ago: From Sept 2027 Listings: 129
Ogun ₦82.8K Typical ₦62.3K–₦153.7K On last month: Not available On a year ago: From Sept 2027 Listings: 38
Small sample
Abia — Typical — On last month: Not available On a year ago: Not available Listings: —
Not enough listings for September 2026
Akwa Ibom — Typical — On last month: Not available On a year ago: Not available Listings: —
Not enough listings for September 2026
Anambra — Typical — On last month: Not available On a year ago: Not available Listings: —
Not enough listings for September 2026
Bayelsa — Typical — On last month: Not available On a year ago: Not available Listings: —
Not enough listings for September 2026
Showing 11 of 22 states. Year-on-year changes start a year after each series' first month, as the method changed in September 2026.
RENTAL YIELD

Rental yield, September 2026

Gross yield by state and locality, for one property type and size at a time. Highest first. Select an area for its full figures.

Lagos: 3-bed flats 5.2% · 3-bed houses 6.5%

Eko Atlantic City Lagos 6.2% Rent ₦57.9M a year · Price ₦927.4M See listings
Abuja State 5.8% Rent ₦8.1M a year · Price ₦139.1M See listings
Life Camp Abuja 5.5% Rent ₦5.3M a year · Price ₦95.8M See listings
Wuye Abuja 5.4% Rent ₦8.6M a year · Price ₦157.9M See listings
Jahi Abuja 5.3% Rent ₦10M a year · Price ₦187.4M See listings
Katampe Abuja 5.3% Rent ₦8.2M a year · Price ₦153.1M See listings
Victoria Island (VI) Lagos 4.7% Rent ₦24.1M a year · Price ₦513M See listings
Ikoyi Lagos 4.4% Rent ₦41.8M a year · Price ₦948.2M See listings
Lekki Lagos 4.4% Rent ₦9.6M a year · Price ₦216.9M See listings
Lagos State 3.9% Rent ₦9.8M a year · Price ₦249.3M See listings
Surulere Lagos 3.7% Rent ₦4.4M a year · Price ₦118M See listings
Ajah Lagos 3.6% Rent ₦3.2M a year · Price ₦86.8M See listings
Maryland Lagos 3.5% Rent ₦8.8M a year · Price ₦248.7M See listings
Gbagada Lagos 3.4% Rent ₦5.2M a year · Price ₦153.9M See listings
Ikeja Lagos 3.4% Rent ₦8.6M a year · Price ₦251.2M See listings
Yaba Lagos 2.8% Rent ₦4.2M a year · Price ₦149.7M See listings
Magodo Lagos 2.4% Rent ₦5.8M a year · Price ₦236.9M See listings
Ibeju Lekki Lagos 2.1% Rent ₦1.8M a year · Price ₦86.3M See listings
Showing 11 of 18 states and localities · Flats, all sizes · Never a national figure.
Abuja State 5.0% Rent ₦4.2M a year · Price ₦83.3M See listings
Ajah Lagos 4.1% Rent ₦2M a year · Price ₦48.2M See listings
Lekki Lagos 4.0% Rent ₦4.8M a year · Price ₦120.3M See listings
Victoria Island (VI) Lagos 4.0% Rent ₦9M a year · Price ₦227.5M See listings
Lagos State 3.5% Rent ₦3.7M a year · Price ₦104.7M See listings
Showing 5 of 5 states and localities · Flats, 1 bed · Never a national figure.
Abuja State 7.0% Rent ₦7.2M a year · Price ₦104M See listings
Ikoyi Lagos 5.9% Rent ₦31.1M a year · Price ₦527.8M See listings
Lekki Lagos 5.4% Rent ₦11M a year · Price ₦204.8M See listings
Victoria Island (VI) Lagos 4.9% Rent ₦22.8M a year · Price ₦461.9M See listings
Lagos State 4.6% Rent ₦9.4M a year · Price ₦203.6M See listings
Ikeja Lagos 4.3% Rent ₦6.7M a year · Price ₦155.6M See listings
Surulere Lagos 4.3% Rent ₦5M a year · Price ₦115.4M See listings
Ajah Lagos 3.9% Rent ₦3.5M a year · Price ₦89.4M See listings
Showing 8 of 8 states and localities · Flats, 2 beds · Never a national figure.
Abuja State 6.5% Rent ₦10.4M a year · Price ₦158.9M See listings
Jahi Abuja 5.7% Rent ₦11.1M a year · Price ₦195.8M See listings
Katampe Abuja 5.7% Rent ₦9.6M a year · Price ₦168.7M See listings
Lagos State 5.2% Rent ₦18M a year · Price ₦348.7M See listings
Ikoyi Lagos 5.0% Rent ₦43.3M a year · Price ₦862.3M See listings
Ajah Lagos 4.8% Rent ₦4.8M a year · Price ₦101.2M See listings
Lekki Lagos 4.6% Rent ₦14.1M a year · Price ₦306.9M See listings
Victoria Island (VI) Lagos 4.4% Rent ₦26.9M a year · Price ₦616.1M See listings
Gbagada Lagos 4.3% Rent ₦7.1M a year · Price ₦164M See listings
Yaba Lagos 4.3% Rent ₦7.4M a year · Price ₦170.8M See listings
Ikeja Lagos 4.2% Rent ₦13.2M a year · Price ₦316M See listings
Showing 11 of 11 states and localities · Flats, 3 beds · Never a national figure.
Lekki Lagos 5.3% Rent ₦20.9M a year · Price ₦390.5M See listings
Lagos State 4.4% Rent ₦49.5M a year · Price ₦1,125.5M See listings
Victoria Island (VI) Lagos 4.3% Rent ₦50.7M a year · Price ₦1,166.7M See listings
Ikoyi Lagos 3.9% Rent ₦64M a year · Price ₦1,660.7M See listings
Showing 4 of 4 states and localities · Flats, 4 beds · Never a national figure.
Lagos State 3.0% Rent ₦82M a year · Price ₦2,720.7M See listings
Showing 1 of 1 states and localities · Flats, 5 beds · Never a national figure.
Maryland Lagos 6.8% Rent ₦23.1M a year · Price ₦342M See listings
Ibeju Lekki Lagos 5.9% Rent ₦5.5M a year · Price ₦93.6M See listings
Ikeja Lagos 5.7% Rent ₦26.3M a year · Price ₦462M See listings
Lugbe District Abuja 5.5% Rent ₦7.3M a year · Price ₦132.9M See listings
Abuja State 5.1% Rent ₦17.8M a year · Price ₦347.3M See listings
Mabushi Abuja 5.1% Rent ₦19.3M a year · Price ₦376M See listings
Lagos State 5.0% Rent ₦17.7M a year · Price ₦350.5M See listings
Victoria Island (VI) Lagos 4.8% Rent ₦37M a year · Price ₦774.3M See listings
Gbagada Lagos 4.6% Rent ₦14.3M a year · Price ₦312.3M See listings
Oyo State 4.6% Rent ₦7.3M a year · Price ₦156.8M See listings
Ajah Lagos 4.4% Rent ₦7.7M a year · Price ₦176.3M See listings
Jabi Abuja 4.3% Rent ₦18.2M a year · Price ₦423.6M See listings
Jahi Abuja 4.3% Rent ₦17.5M a year · Price ₦407.7M See listings
Life Camp Abuja 4.3% Rent ₦10.9M a year · Price ₦251.7M See listings
Wuye Abuja 4.1% Rent ₦20.3M a year · Price ₦497.5M See listings
Guzape District Abuja 4.0% Rent ₦23.3M a year · Price ₦586.5M See listings
Lekki Lagos 4.0% Rent ₦15.4M a year · Price ₦386.2M See listings
Gwarinpa Abuja 3.9% Rent ₦11.7M a year · Price ₦299.1M See listings
Katampe Abuja 3.6% Rent ₦17M a year · Price ₦476.6M See listings
Maitama District Abuja 3.6% Rent ₦52M a year · Price ₦1,429.9M See listings
Ogudu Lagos 3.6% Rent ₦15.9M a year · Price ₦440.9M See listings
Galadimawa Abuja 3.4% Rent ₦8.6M a year · Price ₦248.7M See listings
Apo Abuja 3.3% Rent ₦10.4M a year · Price ₦316.2M See listings
Magodo Lagos 3.3% Rent ₦14.4M a year · Price ₦439.5M See listings
Asokoro District Abuja 3.1% Rent ₦27.2M a year · Price ₦880.1M See listings
Ikoyi Lagos 2.9% Rent ₦64.6M a year · Price ₦2,206.9M See listings
Showing 11 of 26 states and localities · Houses, all sizes · Never a national figure.
Lagos State 4.3% Rent ₦4.4M a year · Price ₦103.9M See listings
Showing 1 of 1 states and localities · Houses, 1 bed · Never a national figure.
Abuja State 7.5% Rent ₦6.8M a year · Price ₦90.6M See listings
Ajah Lagos 6.3% Rent ₦5.7M a year · Price ₦91.3M See listings
Lekki Lagos 6.0% Rent ₦10.8M a year · Price ₦181.2M See listings
Lagos State 5.7% Rent ₦7.8M a year · Price ₦136.6M See listings
Showing 4 of 4 states and localities · Houses, 2 beds · Never a national figure.
Abuja State 7.3% Rent ₦10.9M a year · Price ₦148.9M See listings
Lagos State 6.5% Rent ₦10.3M a year · Price ₦158.7M See listings
Lekki Lagos 6.4% Rent ₦11M a year · Price ₦172.6M See listings
Ajah Lagos 5.5% Rent ₦6.7M a year · Price ₦121.9M See listings
Ikeja Lagos 5.5% Rent ₦16M a year · Price ₦293.3M See listings
Ikoyi Lagos 5.2% Rent ₦45M a year · Price ₦865.2M See listings
Victoria Island (VI) Lagos 5.0% Rent ₦27.2M a year · Price ₦546.3M See listings
Showing 7 of 7 states and localities · Houses, 3 beds · Never a national figure.
Ikeja Lagos 6.3% Rent ₦25.8M a year · Price ₦407.4M See listings
Lagos State 6.0% Rent ₦17M a year · Price ₦282.1M See listings
Abuja State 5.5% Rent ₦17.4M a year · Price ₦319.4M See listings
Lekki Lagos 5.5% Rent ₦14M a year · Price ₦256.3M See listings
Ajah Lagos 4.9% Rent ₦8.3M a year · Price ₦168.9M See listings
Jahi Abuja 4.7% Rent ₦18.2M a year · Price ₦388.7M See listings
Guzape District Abuja 4.6% Rent ₦20.6M a year · Price ₦442.5M See listings
Maitama District Abuja 4.6% Rent ₦45.9M a year · Price ₦992.7M See listings
Victoria Island (VI) Lagos 4.6% Rent ₦36.5M a year · Price ₦787.3M See listings
Life Camp Abuja 4.4% Rent ₦11.2M a year · Price ₦252.3M See listings
Katampe Abuja 4.3% Rent ₦17.2M a year · Price ₦395.2M See listings
Asokoro District Abuja 4.0% Rent ₦26.4M a year · Price ₦662.4M See listings
Ikoyi Lagos 3.8% Rent ₦57.5M a year · Price ₦1,528.8M See listings
Magodo Lagos 3.5% Rent ₦13.6M a year · Price ₦392.4M See listings
Showing 11 of 14 states and localities · Houses, 4 beds · Never a national figure.
Victoria Island (VI) Lagos 6.7% Rent ₦62.9M a year · Price ₦939.8M See listings
Lagos State 6.1% Rent ₦38.4M a year · Price ₦627M See listings
Ikeja Lagos 5.7% Rent ₦39.7M a year · Price ₦699.6M See listings
Abuja State 5.1% Rent ₦31M a year · Price ₦607.3M See listings
Guzape District Abuja 4.4% Rent ₦34.4M a year · Price ₦790.3M See listings
Lekki Lagos 4.0% Rent ₦25M a year · Price ₦619.4M See listings
Ajah Lagos 3.7% Rent ₦11.3M a year · Price ₦304.8M See listings
Maitama District Abuja 3.0% Rent ₦64.4M a year · Price ₦2,140.1M See listings
Ikoyi Lagos 2.2% Rent ₦81.8M a year · Price ₦3,781.1M See listings
Showing 9 of 9 states and localities · Houses, 5 beds · Never a national figure.

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.

How rental yield is worked out
CITE THIS SECTION

House Price Index, gross rental yield Lagos: 3-bed flats 5.2% · 3-bed houses 6.5%, September 2026 release, Nigeria Property Centre, https://nigeriapropertycentre.com/market-trends/average-prices#rental-yield

Past releases

September 2026 Released 11 Oct 2026

Baseline month, reconstructed from listings archived at the time.

Reconstructed #release-2026-09
MethodologyWhat we count, the statistic we use and how figures are labelled and corrected.
Quarterly market reportsOur quarterly reports take their rent and sale figures from the quarter's last monthly release.

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Nigeria Property Centre Rent Index, September 2026 release, Nigeria Property Centre, https://nigeriapropertycentre.com/market-trends/average-prices#release-2026-09