Surulere
Lagos property intelligence · data as of 8 June 2026
The most listed property class in Surulere is the 3 bedrooms with 22 active listings. Median asking price is ₦150.0M. Median annual rent is ₦6.0M. That implies a gross yield of 4.0% before operating costs.
Prices by Bedroom Count
46 sale + 20 rental listings
Studio
Median Sale Price
₦40.0M
3 listings
Median Rent / Year
—
0 listings
1-Bed
Median Sale Price
₦67.5M
4 listings
Median Rent / Year
₦2.0M
5 listings
2-Bed
Median Sale Price
₦112.5M
10 listings
Median Rent / Year
₦5.0M
8 listings
3-Bed
Most ListedMedian Sale Price
₦150.0M
21 listings
Median Rent / Year
₦6.0M
1 listing
4-Bed
Median Sale Price
₦320.0M
5 listings
Median Rent / Year
₦10.5M
2 listings
6-Bed
Median Sale Price
₦440.0M
2 listings
Median Rent / Year
₦13.0M
3 listings
10-Bed
Median Sale Price
—
0 listings
Median Rent / Year
₦18.0M
1 listing
12-Bed
Median Sale Price
₦500.0M
1 listing
Median Rent / Year
—
0 listings
Overall Market Summary
Aggregated across all property classes. The bedroom breakdown above is more useful for actual decision-making.
Median Sale (All)
₦145.0M
₦15.0M – ₦500.0M
Median Rent (All)
₦5.0M
₦800K – ₦20.0M
Gross Yield
3.4%
All classes combined
Net Yield
-11.7%
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 | ₦120.0M | ₦4.0M | 3.3% | 20 | 9 |
| other | ₦170.0M | ₦7.5M | 4.4% | 13 | 3 |
| duplex | ₦500.0M | — | — | 1 | 0 |
| studio | ₦58.0M | — | — | 5 | 0 |
| terrace | ₦320.0M | ₦15.0M | 4.7% | 5 | 1 |
| bungalow | ₦380.0M | ₦18.0M | 4.7% | 1 | 1 |
| detached | ₦480.0M | ₦16.5M | 3.4% | 1 | 2 |
| mini flat | — | ₦2.5M | — | 0 | 3 |
| self contain | — | ₦1.5M | — | 0 | 1 |
| semi detached | ₦300.0M | ₦13.0M | 4.3% | 1 | 1 |
Lagos Reality Factor
Surulere 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 ₦5.0M/yr, these costs consume 222% of your gross rental income — reducing yield from 3.4% to -11.7%.
Surulere Property FAQ
What is the average rent in Surulere?
The median annual asking rent in Surulere, Lagos is ₦5.0M, per Scout data as of 8 June 2026 (based on 21 rental listings).
What is the average property price in Surulere?
The median asking sale price in Surulere, Lagos is ₦145.0M, as of 8 June 2026 (based on 47 for-sale listings).
What is the rental yield in Surulere?
Surulere has an implied gross rental yield of 3.4%, or about -11.7% net after Lagos operating costs (diesel, service charge, management).
How many listings is the Surulere data based on?
These figures are derived from 68 active public property listings in Surulere, with outliers and duplicates removed (high confidence).