Lagos Rankings

Cheapest Neighborhoods to Buy Property in Lagos

These are the most affordable Lagos neighborhoods to buy property, ranked by median asking sale price across all property classes.

#	Neighborhood	Median Sale Price	Median Rent/yr	Gross Yield	Listings
1	Ibeju-LekkiIbeju-Lekki LGA	₦80.0M	₦1.4M	1.8%	53
2	SurulereSurulere LGA	₦120.0M	₦5.0M	4.2%	43
3	AjahEti-Osa LGA	₦140.0M	₦3.5M	2.5%	215
4	SangotedoEti-Osa LGA	₦140.0M	₦4.5M	3.2%	104
5	YabaYaba LGA	₦150.0M	₦3.1M	2.1%	39
6	Chevron / LekkiEti-Osa LGA	₦180.0M	₦7.0M	3.9%	270
7	IlupejuMushin LGA	₦184.9M	₦13.3M	7.2%	7
8	GbagadaKosofe LGA	₦210.0M	₦4.0M	1.9%	32
9	IkateEti-Osa LGA	₦215.0M	₦13.0M	6.0%	165
10	OgbaIfako-Ijaiye LGA	₦250.0M	—	—	1
11	IkejaIkeja LGA	₦260.0M	₦6.0M	2.3%	88
12	Lekki Phase 1Eti-Osa LGA	₦270.0M	₦11.0M	4.1%	552
13	Lekki Phase 2Eti-Osa LGA	₦280.0M	₦9.0M	3.2%	22
14	Omole Phase 2Kosofe LGA	₦280.0M	₦8.0M	2.9%	12
15	MarylandKosofe LGA	₦294.5M	₦10.0M	3.4%	31
16	MagodoKosofe LGA	₦450.0M	₦12.5M	2.8%	43
17	Ikeja GRAIkeja LGA	₦450.0M	₦30.0M	6.7%	41
18	OniruEti-Osa LGA	₦475.0M	₦25.0M	5.3%	69
19	Osapa LondonEti-Osa LGA	₦535.0M	₦9.0M	1.7%	75
20	Victoria IslandEti-Osa LGA	₦550.0M	₦30.0M	5.5%	154
21	Omole Phase 1Kosofe LGA	₦560.0M	₦23.0M	4.1%	18
22	Eko AtlanticEti-Osa LGA	₦857.7M	₦73.3M	8.5%	13
23	IkoyiEti-Osa LGA	₦1.4B	₦45.0M	3.2%	244
24	Banana IslandEti-Osa LGA	₦2.0B	₦60.0M	2.9%	106

Figures are medians of current public asking prices, with outliers and duplicates removed. Read our methodology →