|Price to Income Ratio:||22.32|
|Mortgage as Percentage of Income:||403.94%|
|Loan Affordability Index:||0.25|
|Price to Rent Ratio - City Centre:||3.83|
|Price to Rent Ratio - Outside of Centre:||3.72|
|Gross Rental Yield (City Centre):||26.14%|
|Gross Rental Yield (Outside of Centre):||26.85%|
Rent Per Month
|Apartment (1 bedroom) in City Centre||371,394.17 ₦||150,000.00-900,000.00|
|Apartment (1 bedroom) Outside of Centre||221,525.46 ₦||90,000.00-500,000.00|
|Apartment (3 bedrooms) in City Centre||1,174,289.02 ₦||350,000.00-3,000,000.00|
|Apartment (3 bedrooms) Outside of Centre||531,513.08 ₦||200,000.00-1,500,000.00|
Buy Apartment Price
|Price per Square Feet to Buy Apartment in City Centre||38,598.32 ₦||11,999.90-92,902.27|
|Price per Square Feet to Buy Apartment Outside of Centre||19,225.61 ₦||4,645.11-185,804.53|
Salaries And Financing
|Average Monthly Net Salary (After Tax)||69,726.87 ₦|
|Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate||17.55||10.00-26.00|
These data are based on 501 entries in the past 18 months from 99 different contributors.
Last update: August 2022
Our data for each country are based on all entries from all cities in that country.
No sources and references provided yet.