Average annual rent for 1 bedroom in Lagos (2025)
1. Eko Atlantic City: N20.9m
2. Banana Island: N10m
3. Ikoyi: N8m
4. Victoria Island: N7.5m
5. Lekki phase I: N4.5m
6. Lekki phase II: N3.5m
7. Ikeja: N3.2m
8. Yaba: N2.2m
9. Ajah: N2m
10. Gbagada: N2m
11. Surulere: N1.5m
12. Apapa: N1.3m
13. Ketu: N1.1m
14. Shomolu: N1.1m
15. Festac: N1m
16. Oshodi: N840,000
17. Alimosho: N802,000
18. Agege: N755,000
19. Ajegunle: N750,000
20. Mushin: N735,000
21. Ojo: N616,000
22. Ikorodu: N500,000
23. Epe: N400,000
24. Badagry: N358,000
<Lagos Residential Market Report 2025>
Agnes Ekebuike Editor, Naija247news ✔
Agnes Ekebuike is the Editor of Naija247news.com. A seasoned journalist with expertise in Business, Energy, Politics, and Entertainment, she is known for her in-depth reporting and insightful storytelling. Agnes is passionate about delivering news that informs, empowers, and sparks meaningful dialogue across Nigeria and beyond.
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