Ilupeju
Lagos property intelligence · data as of 8 June 2026
The most listed property class in Ilupeju is the 4 bedrooms with 3 active listings. Median asking price is ₦261.5M. Median annual rent is ₦25.0M. That implies a gross yield of 9.6% before operating costs.
Prices by Bedroom Count
6 sale + 2 rental listings
1-Bed
Median Sale Price
₦70.0M
1 listing
Median Rent / Year
—
0 listings
2-Bed
Median Sale Price
₦120.2M
1 listing
Median Rent / Year
₦3.0M
1 listing
3-Bed
Median Sale Price
₦155.0M
2 listings
Median Rent / Year
—
0 listings
4-Bed
Most ListedMedian Sale Price
₦261.5M
2 listings
Median Rent / Year
₦25.0M
1 listing
Overall Market Summary
Aggregated across all property classes. The bedroom breakdown above is more useful for actual decision-making.
Median Sale (All)
₦155.0M
₦70.0M – ₦280.0M
Median Rent (All)
₦3.0M
₦1.5M – ₦25.0M
Gross Yield
1.9%
All classes combined
Net Yield
-12.0%
After Lagos Reality Factor
Prices by Property Type
Flats, duplexes, detached houses, and other property types compared.
| Type | Median Sale | Median Rent/yr | Gross Yield | Sale | Rent |
|---|---|---|---|---|---|
| flat | ₦122.6M | — | — | 2 | 0 |
| other | ₦184.9M | ₦3.0M | 1.6% | 3 | 3 |
| terrace | ₦280.0M | — | — | 1 | 0 |
Lagos Reality Factor
Ilupeju falls in the affordable tier. These are the annual costs every landlord pays but no listing ever shows.
What this means: On a median rent of ₦3.0M/yr, these costs consume 360% of your gross rental income — reducing yield from 1.9% to -12.0%.
Ilupeju Property FAQ
What is the average rent in Ilupeju?
The median annual asking rent in Ilupeju, Lagos is ₦3.0M, per Scout data as of 8 June 2026 (based on 3 rental listings).
What is the average property price in Ilupeju?
The median asking sale price in Ilupeju, Lagos is ₦155.0M, as of 8 June 2026 (based on 6 for-sale listings).
What is the rental yield in Ilupeju?
Ilupeju has an implied gross rental yield of 1.9%, or about -12.0% net after Lagos operating costs (diesel, service charge, management).
How many listings is the Ilupeju data based on?
These figures are derived from 9 active public property listings in Ilupeju, with outliers and duplicates removed (low confidence).