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Lekki Phase 1: • 552 listings tracked • Median rent ₦11.0M/yr • Yield 4.1%Chevron / Lekki: • 270 listings tracked • Median rent ₦7.0M/yr • Yield 3.9%Ikoyi: • 244 listings tracked • Median rent ₦45.0M/yr • Yield 3.2%Ajah: • 215 listings tracked • Median rent ₦3.5M/yr • Yield 2.5%Ikate: • 165 listings tracked • Median rent ₦13.0M/yr • Yield 6.0%Victoria Island: • 154 listings tracked • Median rent ₦30.0M/yr • Yield 5.5%Banana Island: • 106 listings tracked • Median rent ₦60.0M/yr • Yield 2.9%Sangotedo: • 104 listings tracked • Median rent ₦4.5M/yr • Yield 3.2%Lekki Phase 1: • 552 listings tracked • Median rent ₦11.0M/yr • Yield 4.1%Chevron / Lekki: • 270 listings tracked • Median rent ₦7.0M/yr • Yield 3.9%Ikoyi: • 244 listings tracked • Median rent ₦45.0M/yr • Yield 3.2%Ajah: • 215 listings tracked • Median rent ₦3.5M/yr • Yield 2.5%Ikate: • 165 listings tracked • Median rent ₦13.0M/yr • Yield 6.0%Victoria Island: • 154 listings tracked • Median rent ₦30.0M/yr • Yield 5.5%Banana Island: • 106 listings tracked • Median rent ₦60.0M/yr • Yield 2.9%Sangotedo: • 104 listings tracked • Median rent ₦4.5M/yr • Yield 3.2%

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Lagos Property Price per Square Metre by Neighborhood

Median property price per square metre by neighborhood — the most like-for-like way to compare Lagos property value, stripping out differences in unit size.

#	Neighborhood	Price / sqm	Median Rent/yr	Gross Yield	Listings
1	Banana IslandEti-Osa LGA	₦8.3M	₦60.0M	2.9%	106
2	IkoyiEti-Osa LGA	₦5.5M	₦45.0M	3.2%	244
3	Victoria IslandEti-Osa LGA	₦2.6M	₦30.0M	5.5%	154
4	SurulereSurulere LGA	₦2.5M	₦5.0M	4.2%	43
5	YabaYaba LGA	₦2.2M	₦3.1M	2.1%	39
6	Osapa LondonEti-Osa LGA	₦1.5M	₦9.0M	1.7%	75
7	IlupejuMushin LGA	₦1.4M	₦13.3M	7.2%	7
8	Eko AtlanticEti-Osa LGA	₦1.1M	₦73.3M	8.5%	13
9	MagodoKosofe LGA	₦957K	₦12.5M	2.8%	43
10	Lekki Phase 1Eti-Osa LGA	₦833K	₦11.0M	4.1%	552
11	Chevron / LekkiEti-Osa LGA	₦700K	₦7.0M	3.9%	270
12	IkejaIkeja LGA	₦333K	₦6.0M	2.3%	88
13	OniruEti-Osa LGA	₦309K	₦25.0M	5.3%	69
14	AjahEti-Osa LGA	₦282K	₦3.5M	2.5%	215
15	SangotedoEti-Osa LGA	₦131K	₦4.5M	3.2%	104
16	Ibeju-LekkiIbeju-Lekki LGA	₦100K	₦1.4M	1.8%	53

All Lagos neighborhoods →Lagos Property Index →Check a property →

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