Property Prices in Nigeria
| Index |  |
|---|---|
| Price to Income Ratio: | 30.67 |
| Mortgage as Percentage of Income: | 545.64% |
| Loan Affordability Index: | 0.18 |
| Price to Rent Ratio - City Centre: | 4.07 |
| Price to Rent Ratio - Outside of Centre: | 5.97 |
| Gross Rental Yield (City Centre): | 24.58% |
| Gross Rental Yield (Outside of Centre): | 16.76% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 444,172.12 ₦ | |
| Apartment (1 bedroom) Outside of Centre | 255,365.41 ₦ | |
| Apartment (3 bedrooms) in City Centre | 1,319,608.69 ₦ | |
| Apartment (3 bedrooms) Outside of Centre | 659,491.53 ₦ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 47,351.03 ₦ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 36,932.04 ₦ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 73,958.83 ₦ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 17.21 |
These data are based on 474 entries in the past 18 months from 92 different contributors.
Last update: March 2023
Our data for each country are based on all entries from all cities in that country.
Sources and References
This page in other languages:
 DeutschImmobilienpreise in Nigeria
|
 PortuguêsPreços de Imóveis na Nigéria
|
 ItalianoPrezzi delle proprietà immobiliari in Nigeria
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 FrançaisPrix de l'immobilier au Nigéria
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 EspañolPrecios de Inmuebles en Nigeria
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