Abuja, Nigeria
Property prices · 2026 · Africa · Price +22.2% vs 2025
Property price trend in Abuja (2024–2026)
Property comparison — cities in Nigeria (2026)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Abuja |
|---|---|---|---|---|
| Abuja | NGN 1,072,500 | NGN 709,500 | NGN 297,000 | — |
| Lagos | NGN 909,500 | NGN 556,400 | NGN 267,500 | -15.2% |
| Port Harcourt | NGN 693,000 | NGN 453,750 | NGN 198,000 | -35.4% |
Other Africa cities (2026)
Frequently asked questions
How much does property cost in Abuja in 2026?
In Abuja, the average price per sqm in the city centre is NGN 1,072,500, and NGN 709,500 outside the centre (2026 data). Prices have risen 65% since 2024.
How much is rent in Abuja in 2026?
A 1-bedroom apartment in Abuja rents for approximately NGN 297,000 per month in 2026. A 3-bedroom apartment costs around NGN 478,500/month.
Is it better to buy or rent in Abuja?
Buying and renting are roughly comparable in Abuja. The price-to-rent ratio is 18.0x — it would take approximately 18.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 22.50%.
What are mortgage rates in Nigeria in 2026?
The average mortgage rate in Nigeria is approximately 22.50% as of 2026. With a price-to-rent ratio of 18.0x, buyers should carefully weigh mortgage costs against rental savings.
How have property prices in Abuja changed?
Property prices in Abuja have changed +22.2% vs 2025. Since 2024, prices have increased by 65%. Use the year tabs above to compare prices across years.
What is the price per sqm in Abuja?
The average property price per square metre in Abuja city centre is NGN 1,072,500 in 2026. Outside the centre, expect to pay around NGN 709,500/sqm.