Nigeria Property Centre

Property for Rent in Banana Island, Ikoyi, Lagos

There are 1,537 flats, houses, land and commercial properties for rent in Banana Island as of 8 Sep 2026, with an average price of ₦55M. Every listing is posted by an estate agent or developer you can contact directly — filter by price, type, furnishing and recency to find the right home.

Property type
Flats Houses Commercial property Land Event Centres / Venues
Neighbourhoods
2nd Avenue Estate 3rd Avenue Abacha Estate Abdullahi Adamu Estate Awolowo Road Banana Island Bourdillon Road Cooper Road Dolphin Estate Estates Gerrard Road Grenadines Skyvilla Mojisola Onikoyi Estate Osborne Foreshore Estate Osborne Phase 1 Osborne Phase 2 Queen's Drive Shoreline Estate
Features
Furnished Unfurnished

41–61 of 1,537 properties for rent

Premium Plus Top promoted listing
3 Bedrooms Waterfront Apartments with BQ
25 photos
₦50,000,000 /yr

Flat / apartment for rent

3 Bedrooms Waterfront Apartments with BQ

Come experience our new 5Star apartment, boasting a spectacular waterfront view, furnished with the most exceptional & impressive interiors, located in the heart of Banana Island, A neighborhood that exudes opulence & grandeur off the foreshore of Ikoyi, Lagos, Rated by Forbes as one of the most expensive & exclusive residences in Africa, They say, "A picture is worth a thousand word" Wonder if these tell a story as we turn a new chapter in the business of luxury, You be the judge. 1year Rent - 50m Service Charge - 5m Agency - 10% Legal - 10% Caution - 5% Note: for clients who are looking to get long leases, this apartment can go as low as 45m annually.

Banana Island, Ikoyi, Lagos
3 Beds 3 Baths 4 Toilets 2 Parking

Colmond Enterprise LTD

Lovely Exquisite Fully Furnished 3 Bedroom Flat with BQ — Off Banana Island, Old Ikoyi, Ikoyi, Lagos
Premium
14
₦55,000,000 /yr

Flat / apartment for rent

Lovely Exquisite Fully Furnished 3 Bedroom Flat with BQ

To let Lovely exquisite fully furnished 3 bedroom flat with bq for rent Location: old Ikoyi, off banana island Rent:55M ( Open to negotiation ) Agency 10% Legal 10% Caution 10% Sc: 8M (covers diesel for the year) Comes with pool Fully fitted kitchen All room ensuite Swimming pool Strictly for expatriate client or individuals with corporate job #Mas

Off Banana Island, Old Ikoyi, Ikoyi, Lagos
3 beds 3 baths 4 toilets
Patriotic Homes & Property LTD
1 Bedroom Furnished Mini Flat — 2nd Avenue, Banana Island, Ikoyi, Lagos
Premium
13
₦18,000,000 /yr

Mini flat (room and parlour) for rent

1 Bedroom Furnished Mini Flat

Fully Furnished & Serviced Luxury 1Bedroom (Room & Parlor) in an Access Estate For Rent. Location: Banana Island Estate Ikoyi Lagos. Rent: N18M Per annum - Service Charges - Power is Pay As You Go (24hrs) Agency 10% Legal 10% Caution Deposit: 10% Features: - Gated & Access Control Estate - Fully furnished - 24/7 power - Smart Tv - Aesthetic pop ceilings - Water heater - Kitchen Heat Extractor - Clean Treated water - Spacious living room - Top quality tiles - Ample parking spaces - Good access roads - Flood free Fola

2nd Avenue, Banana Island, Ikoyi, Lagos Added yesterday
1 bed 1 bath 2 toilets
Unique Multi Concepts Limited
1 Bedroom Furnished Mini Flat — Banana Island, Ikoyi, Lagos
Premium
12
₦18,000,000 /yr

Mini flat (room and parlour) for rent

1 Bedroom Furnished Mini Flat

Fully Furnished & Serviced Luxury 1Bedroom (Room & Parlor) in an Access Estate For Rent. Comes Only with Your Clothes. Location: Banana Island Estate Ikoyi Lagos. Rent: N18M Per annum - Inclusive Service Charges - Power is Pay As You Go (24hrs) Agency 10% Legal 10% Caution Deposit: 10% Features: - Gated & Access Control Estate - Fully furnished - 24/7 power - Smart Tv - Aesthetic pop ceilings - Water heater - Kitchen Heat Extractor - Clean Treated water - Spacious living room - Top quality tiles - Ample parking spaces - Good access roads - flood free Yun

Banana Island, Ikoyi, Lagos Added yesterday
1 bed 1 bath 2 toilets
Goldencrown Real Estate and Interior Decor
Fully Furnished 3 Bedroom Apartment on Second Floor with Swimming Pool — Banana Island, Ikoyi, Lagos
Premium
13
₦45,000,000 /yr

Flat / apartment for rent

Fully Furnished 3 Bedroom Apartment on Second Floor with Swimming Pool

Direct Brief: A Fully furnished 3 bedroom apartment on 2nd Floor @ Banana Island, Ikoyi, Lagos. Facilities: Swimming pool elevator design parking space 24/7 power supply wi-fi DStv, prime video and netflix house keeping chef on demand roof BT speaker Rent: 45M Service Charge: 3M Agency: 10% of Rent Legal: 10% of Rent Caution: 10%

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 3 Parking
Absaat Property Service Limited
A Fully Furnished 3 Bedroom Apartment on 4th Floor with Swimming Pool — Banana Island, Ikoyi, Lagos
Premium
13
₦50,000,000 /yr

Flat / apartment for rent

A Fully Furnished 3 Bedroom Apartment on 4th Floor with Swimming Pool

Direct Banana Island Lease 1. a Fully furnished 3-Bedroom apartment on 4th Floor with swimming pool, Gym, Elevator, House-keepers, Chef on-demand, 24hours power, 2Car Park +1Visitor Car park, and other modern amenities @ Banana island Rent: ₦50M per annum Service Charge: ₦5M Agency: 10% Legal: 10% Caution Deposit: 5% Note: Can be rented out unfurnished

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 3 Parking
Absaat Property Service Limited
Fully Detached 5 Bedroom House Plus 2 Separate Rooms Service Quarters — Off Abia Street, Banana Island, Ikoyi, Lagos
Premium
6
₦125,000,000 /yr

Detached duplex for rent

Fully Detached 5 Bedroom House Plus 2 Separate Rooms Service Quarters

Direct Brief for Lease Fully detached 5 bedroom house plus 2 separate rooms service quarters with security house and ample parking space. Location: Off Abia Street, Banana Island, Ikoyi Rental price: 125 million per annum Note: Currently undergoing renovations. External pictures available on request.

Off Abia Street, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 8 Parking
Absaat Property Service Limited
Spacious 4 Bedroom Terraced House with BQ in a Secured Environment — 104 Close, Banana Island, Ikoyi, Lagos
Premium
17
₦85,000,000 /yr

Terraced duplex for rent

Spacious 4 Bedroom Terraced House with BQ in a Secured Environment

Spacious 4 bedroom terrace house with a room bq in a well serene environment Location: 104 close, Banana island. Rent: #85m per annum Service charge #6m Diesel deposit #3m Note: owner want 2ys upfront.

104 Close, Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 3 Parking
Gi.forty Homes
Sharp 5 Bedroom Detached Duplex with Swimming Pool — Banana Island, Ikoyi, Lagos
Premium
20
₦45,000,000 /yr

Detached duplex for rent

Sharp 5 Bedroom Detached Duplex with Swimming Pool

Self-Serviced 5 Bedroom Duplex with swimming pool and greenery in a well serene and secured environment Banana Island. Rent: 45 million Agency & Legal: 10% each Caution; 5%

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Gi.forty Homes
1 Bedroom Furnished Mini Flat — Banana Island Estate, Banana Island, Ikoyi, Lagos
Premium
12
₦18,000,000 /yr

Mini flat (room and parlour) for rent

1 Bedroom Furnished Mini Flat

Fully Furnished & Serviced Luxury 1Bedroom (Room & Parlor) in an Access Estate For Rent. Comes Only with Your Clothes. Location: Banana Island Estate Ikoyi Lagos. Rent: N18M Per annum - Inclusive Service Charges - Power is Pay As You Go (24hrs) Agency 10% Legal 10% Caution Deposit: 10% Features: - Gated & Access Control Estate - Fully furnished - 24/7 power - Smart Tv - Aesthetic pop ceilings - Water heater - Kitchen Heat Extractor - Clean Treated water - Spacious living room - Top quality tiles - Ample parking spaces - Good access roads - Flood free For more information call Whatsapp Nnen

Banana Island Estate, Banana Island, Ikoyi, Lagos
1 bed 1 bath 2 toilets 1 Parking
Wale Oguntayo & Co
Luxury 3 Bedroom Apartment with BQ, Pool, Gym — Banana Island Estate, Banana Island, Ikoyi, Lagos
Premium
8
₦35,000,000 /yr

Flat / apartment for rent

Luxury 3 Bedroom Apartment with BQ, Pool, Gym

Direct clients preferable Luxury 3 Bedroom apartment with bq, swimming pool, gym etc in Banana Island Estate Ikoyi Rent: N35M per annum In your best interest deal with highly trusted luxury real estate professionals at no extra cost. Call Prince Ademola Osinuga International now to pay and move in immediately

Banana Island Estate, Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Prince Ademola Osinuga International
4 Bedroom Terraced Duplex with BQ — Banana Island Estate, Ikoyi, Lagos
Premium
14
₦50,000,000 /yr

Terraced duplex for rent

4 Bedroom Terraced Duplex with BQ

Super spacious, fully serviced 4 bedrooms terrace duplex with living rooms and study come with BQ and spacious compound with swimming pool. Location: Banana island estate Rental price - ₦50 million Service charge: #5 million Power & diesel deposit - TBD Agency 10% Legal 10% Caution deposit 10%

Banana Island Estate, Ikoyi, Lagos
4 beds 5 baths 5 toilets 2 Parking
Munificient Properties Nig LTD
5 Bedroom House — Banana Island, Ikoyi, Lagos
Premium
17
₦45,000,000 /yr

Detached duplex for rent

5 Bedroom House

Semi Direct Listing For rent banana island Self-Serviced 5 Bedroom Duplex in Banana Island with swimming pool and greenery Rent: 45 million Agency: 10% Legal: 10% Caution: 5% @bara$$

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Phoenix Rising Property Development and Services LTD
Lovely 5 Bedroom Detached House with Boys Quarters — Banana Island, Ikoyi, Lagos
Premium
13
₦130,000,000 /yr

Detached duplex for rent

Lovely 5 Bedroom Detached House with Boys Quarters

5 Bedroom Detached House with 1 Room Service Quarters Features: - Gym House - Swimming Pool - Security Gatehouse Location: Banana Island, Ikoyi, Lagos by Pt Rent: ₦130M per annum

Banana Island, Ikoyi, Lagos
5 beds 5 baths 5 toilets
Marycrown Properties
Fully Serviced Spacious 4 Bedroom Apartments — 2nd Avenue, Banana Island, Ikoyi, Lagos
Premium
8
₦60,000,000 /yr

Flat / apartment for rent

Fully Serviced Spacious 4 Bedroom Apartments

For lease 4-Bedroom Apartments Banana Island, ikoyi Location: Banana Island, Ikoyi Rent: ₦60,000,000 per annum Premium 4-bedroom apartments available for lease in the prestigious Metave Apartments, located within the highly secure Banana Island Estate. Property Features: Spacious 4-bedroom apartments All bedrooms en-suite Boys' Quarters (BQ) Located across three floors in a two-wing development Swimming pool Elevator (Lift) Standby generator Water treatment plant Ample parking space Gatehouse and dedicated management office comprising three rooms Professionally managed and well-maintained development Situated in one of Lagos' most secure and exclusive residential estates Rent: ₦60,000,000 per annum Agency fee - 10% Legal fee - 10% Caution deposit - 10% Service Charge Deposit - ₦5m annually Diesel Deposit- ₦4m Rascenant

2nd Avenue, Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Unique Multi Concepts Limited
5 Units of 4 Bedroom Terraced + 1 Room Service Quarter Each — Banana Island, Ikoyi, Lagos
Premium
13
₦50,000,000 /yr

Terraced duplex for rent

5 Units of 4 Bedroom Terraced + 1 Room Service Quarter Each

For lease banana island (Iko​yi) 5 Units of 4-Bedroom Terrace + 1 Room Service Quarter Each Rent: ₦50,000,000 per unit/annum Asking Term: 2-year lease Service Charge: 4m

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 4 Parking
Fidelity Homes and Property Services
Affordable Fully Furnished 4 Bedroom — Banana Island, Ikoyi, Lagos
Premium
15
₦45,000,000 /yr

Flat / apartment for rent

Affordable Fully Furnished 4 Bedroom

Affordable fully furnished 4 bedroom apartment with GYM, pool for rent Location: Banana island, ikoyi Rent Fee: N45,000,000(45M) Legal: 10% Caution: 10% Agency: 10% Service Charge: 1,200,000 Features: - Interlocked Compound - Fully Furnished - Luxurious - High Ceiling - Very Spacious - Luxurious - Accesible to Road - Modern pop - Water Heater - Balcony - Government Approved - Ample car Parking Space - Good drainage system - Well fitted Kitchen - Wardrobe - Good Supply of Light - Shower Cubicle - Clean Water - Quality Tiles - 24/7 Power - 24/7 Security - Swimming Pool - Gym - Access Controlled Elevator - CCTV

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Tonyluxe Global Limited
2 Bedroom Apartment — Riverside Apartments, Banana Island Road, Ikoyi, Lagos
Premium
11
₦35,000,000 /yr

Flat / apartment for rent

2 Bedroom Apartment

Well Furnished & Spacious 2 Bedroom Apartment (3rd floor) at Riverside Apartments, Banana Island Road, Ikoyi. Rent 35m Service Charge 2m Power is pay as you go. Agency 10% Legal 10% Caution deposit 10% Amo

Riverside Apartments, Banana Island Road, Ikoyi, Lagos
2 beds
Tadmor Facility Management Limited
3 Bedroom Fully Furnished Flat — Banana Island, Ikoyi, Lagos
Premium
11
₦60,000,000 /yr

Flat / apartment for rent

3 Bedroom Fully Furnished Flat

A 3 Bedroom Fully Furnished Flat For Rent 60M per year Sc: 8M Other fees: 10% Location: Banana island, Ikoyi Strictly for expatriate client or a top executive Abi#

Banana Island, Ikoyi, Lagos
3 beds 4 baths 4 toilets 3 Parking
Emmy Properties
Premium Luxury 3 Bedroom Apartment — Banana Island Estate, Banana Island, Ikoyi, Lagos
Premium
23
₦90,000,000 /yr

Flat / apartment for rent

Premium Luxury 3 Bedroom Apartment

Joeba03-for sale / rent luxury 3 bedroom apartment banana island, ikoyi Location: Banana Island, Ikoyi, Lagos Newly built and elegantly finished 3 bedroom apartment (7th Floor) Sale Price: $1,200,000 Rent: ₦90,000,000 per annum Caution Deposit: 10% Agency: 10% (Rent) / 5% (Sale) Legal: 10% Features: - Fully automated smart apartment - All rooms en-suite - Spacious living areas with city views - Fully fitted kitchen & island - Italian tiles & chandeliers - Central sound system - Elevator access - Swimming pool & gym - Air conditioning & fire alarms - Reception & 24/7 security - Washing machines & ample parking Contact: Infinique Properties 07084976122 08064653585 [email protected]

Banana Island Estate, Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets
Infinique Properties Limited
4 Bedroom Maisonette Penthouse with BQ — Banana Island Road, Ikoyi, Lagos
Premium
16
₦60,000,000 /yr

House for rent

4 Bedroom Maisonette Penthouse with BQ

Tastefully and remarkably built and spacious four bedroom maisonette penthouse with a room boys quarter in a serene environment in an estate off banana island road now available for letting. Location: off banana island road Rent: N60 Million Naira Service charge: N5 Million Naira Caution fees: 10% of gross rental value Legal fees: 10% of gross rental value Agency fees: 10% of gross rental value

Banana Island Road, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Nobility Estates

Showing 41–61 of 1,537 properties

Area Guide

About Ikoyi, Lagos

By and large, Ikoyi is a posh neighbourhood with a mishmash of exquisite residential apartments and commercial presence.

Ikoyi borders the Lagos Lagoon and takes up the eastern half of Lagos Island. It is one of the towns that make up the Eti-Osa Local Government Area of Lagos state.

Originally, the British Colonial Governments designated Ikoyi as a residential area for the expatriate community perhaps due to its proximity to the sea. However this arrangement changed with time with big establishments locating their corporate headquarters at Ikoyi. Ikoyi is home to the creme de la creme of the Nigerian society, from diplomats to senior company, business executives and senior public servants.

Read the full area guide
FAQ

Frequently asked questions

The average price of flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦55,000,000 per annum.

The price of the most expensive flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦170,000,000 per annum.

The price of the cheapest flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦12,000,000 per annum.

There are 1,537 available flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.

Prices for flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos range from ₦300,000 to ₦105,722,379,120.

More property for rent around Ikoyi

Property for Rent in Lekki Property for Rent in Ajah Property for Rent in Ikeja Property for Rent in Victoria Island (VI) Property for Rent in Ibeju Lekki Property for Rent in Magodo Property for Rent in Surulere Property for Rent in Yaba Property for Rent in Gbagada