Port Harcourt, Nigeria
Property prices · 2025 · Africa · Price +35% vs 2024
Property price trend in Port Harcourt (2024–2026)
Property comparison — cities in Nigeria (2025)
Other Africa cities (2025)
Frequently asked questions
How much does property cost in Port Harcourt in 2025?
In Port Harcourt, the average price per sqm in the city centre is NGN 567,000, and NGN 371,250 outside the centre (2025 data). Prices have risen 65% since 2024.
How much is rent in Port Harcourt in 2025?
A 1-bedroom apartment in Port Harcourt rents for approximately NGN 162,000 per month in 2025. A 3-bedroom apartment costs around NGN 263,250/month.
Is it better to buy or rent in Port Harcourt?
Buying and renting are roughly comparable in Port Harcourt. The price-to-rent ratio is 17.0x — it would take approximately 17.0 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 17.0x, buyers should carefully weigh mortgage costs against rental savings.
How have property prices in Port Harcourt changed?
Property prices in Port Harcourt 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 Port Harcourt?
The average property price per square metre in Port Harcourt city centre is NGN 567,000 in 2025. Outside the centre, expect to pay around NGN 371,250/sqm.