Live Data Feed
Lekki Phase 1: • 669 listings tracked • Median rent ₦12.0M/yr • Yield 4.3%Chevron / Lekki: • 359 listings tracked • Median rent ₦7.0M/yr • Yield 3.9%Ikoyi: • 318 listings tracked • Median rent ₦40.0M/yr • Yield 2.7%Ajah: • 297 listings tracked • Median rent ₦3.6M/yr • Yield 2.6%Ikate: • 223 listings tracked • Median rent ₦12.8M/yr • Yield 5.8%Victoria Island: • 201 listings tracked • Median rent ₦30.3M/yr • Yield 5.0%Sangotedo: • 146 listings tracked • Median rent ₦4.5M/yr • Yield 3.8%Banana Island: • 143 listings tracked • Median rent ₦50.0M/yr • Yield 2.2%Lekki Phase 1: • 669 listings tracked • Median rent ₦12.0M/yr • Yield 4.3%Chevron / Lekki: • 359 listings tracked • Median rent ₦7.0M/yr • Yield 3.9%Ikoyi: • 318 listings tracked • Median rent ₦40.0M/yr • Yield 2.7%Ajah: • 297 listings tracked • Median rent ₦3.6M/yr • Yield 2.6%Ikate: • 223 listings tracked • Median rent ₦12.8M/yr • Yield 5.8%Victoria Island: • 201 listings tracked • Median rent ₦30.3M/yr • Yield 5.0%Sangotedo: • 146 listings tracked • Median rent ₦4.5M/yr • Yield 3.8%Banana Island: • 143 listings tracked • Median rent ₦50.0M/yr • Yield 2.2%
Scout
Scout.ngReal Estate Intelligence
Kosofe LGA · 39 active listings · medium confidence

Maryland

Lagos property intelligence · data as of 8 June 2026

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Median Sale₦300.0M
Median Rent/yr₦11.5M
Gross Yield3.8%
Net Yield-3.8%After Lagos Reality Factor
Market Insight

The most listed property class in Maryland is the 4 bedrooms with 20 active listings. Median asking price is ₦310.0M. Median annual rent is ₦25.0M. That implies a gross yield of 8.1% before operating costs.

Breakdown by Class

Prices by Bedroom Count

26 sale + 10 rental listings

2-Bed

Median Sale Price

₦190.0M

3 listings

Median Rent / Year

₦4.0M

1 listing

Gross Yield2.1%

3-Bed

Median Sale Price

₦250.0M

6 listings

Median Rent / Year

₦10.0M

3 listings

Gross Yield4.0%

4-Bed

Most Listed

Median Sale Price

₦310.0M

15 listings

Median Rent / Year

₦25.0M

5 listings

Gross Yield8.1%

5-Bed

Median Sale Price

₦299.5M

2 listings

Median Rent / Year

₦25.0M

1 listing

Gross Yield8.3%
Aggregate View

Overall Market Summary

Aggregated across all property classes. The bedroom breakdown above is more useful for actual decision-making.

Median Sale (All)

₦300.0M

₦140.0M – ₦400.0M

Median Rent (All)

₦11.5M

₦1.2M – ₦35.0M

Gross Yield

3.8%

All classes combined

Net Yield

-3.8%

After Lagos Reality Factor

By Property Type

Prices by Property Type

Flats, duplexes, detached houses, and other property types compared.

TypeMedian SaleMedian Rent/yrGross YieldSaleRent
flat₦250.0M₦7.5M3.0%54
other₦315.0M₦7.3M2.3%22
duplex₦310.0M₦25.0M8.1%52
terrace₦325.0M₦25.0M7.7%61
detached₦310.0M₦32.5M10.5%22
penthouse₦190.0M10
self contain₦1.2M01
semi detached₦294.5M60
True Cost of Ownership

Lagos Reality Factor

Maryland falls in the affordable tier. These are the annual costs every landlord pays but no listing ever shows.

Diesel / Generator₦9.9M
Estate Service Charge₦500K
Management Fee (10%)₦1.1M
Maintenance Reserve (5%)₦575K
Total Annual Operating Costs₦12.1M

What this means: On a median rent of ₦11.5M/yr, these costs consume 105% of your gross rental income — reducing yield from 3.8% to -3.8%.

Common Questions

Maryland Property FAQ

What is the average rent in Maryland?

The median annual asking rent in Maryland, Lagos is ₦11.5M, per Scout data as of 8 June 2026 (based on 12 rental listings).

What is the average property price in Maryland?

The median asking sale price in Maryland, Lagos is ₦300.0M, as of 8 June 2026 (based on 27 for-sale listings).

What is the rental yield in Maryland?

Maryland has an implied gross rental yield of 3.8%, or about -3.8% net after Lagos operating costs (diesel, service charge, management).

How many listings is the Maryland data based on?

These figures are derived from 39 active public property listings in Maryland, with outliers and duplicates removed (medium confidence).

How to read this data: All prices are medians of current asking prices, broken down by bedroom count and property type so you compare like-for-like. Yields are implied from median asking prices and rents. Read our full methodology →