Private Property Rent Index · October 2026
Median asking rent for flat listings in Lekki, Lagos, from the listings first published on Private Property in the three months to each month.
Median rent · October 2026
Typical: ₦4.1M–₦12.9M
Half of listings asked between these two figures.
Gross rental yield 2.8% · median price ₦255M
Median Typical range (lower to upper quartile). Asking prices of listings first published in the three months to each month.
| Area | Median | On last month | On a year ago | Listings |
|---|---|---|---|---|
| Lekki Phase 1 | ₦14.7M/year | ▼ -0.1% | ▲ +17.8% | 336 |
| Ikate Elegushi | ₦10M/year | ▼ -2.1% | ▼ -7.8% | 194 |
| Chevron Drive Small sample | ₦4.7M/year | ▼ -8.9% | ▲ +34.6% | 75 |
| Ologolo Small sample | ₦5.7M/year | ▼ -4.5% | ▲ +0.4% | 68 |
| Ikota Small sample | ₦4.4M/year | ▲ +11.7% | ▲ +52.6% | 50 |
| Osapa London Small sample | ₦4.4M/year | ▼ -12.0% | ▼ -13.0% | 42 |
| Lekki Phase 2 Small sample | ₦4M/year | ▼ -11.5% | ▲ +34.0% | 39 |
| Ilasan Small sample | ₦8M/year | ▼ -1.2% | Not available | 30 |
| Lekki Expressway Small sample | ₦4.3M/year | ▲ +5.0% | Not available | 30 |
| Victoria Garden City Small sample | ₦5.8M/year | ▼ -1.2% | Not available | 24 |
| Month | Median | Listings | On last month |
|---|---|---|---|
| October 2026 | ₦7.3M/year | 1,273 | ▼ -3.3% |
| September 2026 | ₦7.5M/year | 1,311 | ▼ -4.7% |
| August 2026 | ₦7.9M/year | 1,105 | ▼ -7.2% |
| July 2026 | ₦8.5M/year | 940 | ▲ +5.7% |
| June 2026 | ₦8.1M/year | 805 | ▼ -9.1% |
| May 2026 | ₦8.9M/year | 886 | ▼ -3.2% |
| April 2026 | ₦9.2M/year | 880 | ▲ +2.4% |
| March 2026 | ₦8.9M/year | 874 | ▲ +12.4% |
| February 2026 | ₦8M/year | 676 | ▲ +3.4% |
| January 2026 | ₦7.7M/year | 642 | ▼ -3.0% |
| December 2025 | ₦7.9M/year | 558 | ▲ +9.3% |
| November 2025 | ₦7.3M/year | 826 | ▲ +20.5% |
| October 2025 | ₦6M/year | 1,068 | ▲ +4.0% |
| September 2025 | ₦5.8M/year | 1,436 | ▲ +12.3% |
| August 2025 | ₦5.2M/year | 1,535 | ▼ -0.4% |
| July 2025 | ₦5.2M/year | 1,430 | ▲ +0.9% |
| June 2025 | ₦5.1M/year | 1,067 | ▲ +15.2% |
| May 2025 | ₦4.5M/year | 1,017 | ▲ +14.0% |
| April 2025 | ₦3.9M/year | 1,080 | ▲ +1.1% |
| March 2025 | ₦3.9M/year | 1,250 | ▼ -3.7% |
| February 2025 | ₦4M/year | 1,241 | ▼ -0.2% |
| January 2025 | ₦4M/year | 1,330 | ▲ +0.1% |
| December 2024 | ₦4M/year | 1,282 | ▲ +2.5% |
| November 2024 | ₦3.9M/year | 1,402 | ▼ -0.1% |