Year: 2026 2025 2024
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Abuja, Nigeria

Property prices · 2025 · Africa · Price +35% vs 2024

Price/sqm — City Centre NGN 877,500
Price/sqm — Outside Centre NGN 580,500
1-Bed Rent / Month NGN 243,000
3-Bed Rent / Month NGN 391,500
Avg Mortgage Rate 22.50%
Price-to-Rent Ratio 18.0x Buying and renting are roughly comparable

Property price trend in Abuja (2024–2026)

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Property comparison — cities in Nigeria (2025)

City Centre /sqm Outside /sqm 1-Bed Rent vs Abuja
Abuja NGN 877,500 NGN 580,500 NGN 243,000
Lagos NGN 884,000 NGN 540,800 NGN 260,000 +0.7%
Port Harcourt NGN 567,000 NGN 371,250 NGN 162,000 -35.4%

Other Africa cities (2025)

Frequently asked questions

How much does property cost in Abuja in 2025?

In Abuja, the average price per sqm in the city centre is NGN 877,500, and NGN 580,500 outside the centre (2025 data). Prices have risen 65% since 2024.

How much is rent in Abuja in 2025?

A 1-bedroom apartment in Abuja rents for approximately NGN 243,000 per month in 2025. A 3-bedroom apartment costs around NGN 391,500/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 2025?

The average mortgage rate in Nigeria is approximately 22.50% as of 2025. 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 +35% vs 2024. 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 877,500 in 2025. Outside the centre, expect to pay around NGN 580,500/sqm.

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