Private Property Rent Index · October 2026
Median asking rent for 1-bedroom 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: ₦2.4M–₦5.1M
Half of listings asked between these two figures.
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 Small sample | ₦7.1M/year | ▲ +8.6% | ▲ +19.9% | 83 |
| Ikate Elegushi Small sample | ₦5M/year | ▲ +0.1% | ▲ +28.3% | 47 |
| Chevron Drive Small sample | ₦2.9M/year | ▼ -0.6% | ▲ +3.0% | 43 |
| Lekki Phase 2 Small sample | ₦3M/year | ▼ -8.2% | ▲ +15.8% | 30 |
| Ologolo Small sample | ₦3.4M/year | ▼ -0.8% | ▲ +14.1% | 30 |
| Osapa London Small sample | ₦3.4M/year | ▼ -1.2% | ▲ +13.7% | 27 |
| Ikota Small sample | ₦3M/year | 0.0% | ▲ +55.1% | 24 |
| Lekki Expressway Small sample | ₦3.4M/year | Not available | Not available | 23 |
| Month | Median | Listings | On last month |
|---|---|---|---|
| October 2026 | ₦3.5M/year | 517 | ▲ +0.3% |
| September 2026 | ₦3.5M/year | 494 | ▼ -0.5% |
| August 2026 | ₦3.5M/year | 389 | ▼ -1.5% |
| July 2026 | ₦3.5M/year | 317 | ▲ +3.3% |
| June 2026 | ₦3.4M/year | 295 | ▼ -1.0% |
| May 2026 | ₦3.5M/year | 307 | ▲ +2.1% |
| April 2026 | ₦3.4M/year | 315 | ▼ -0.8% |
| March 2026 | ₦3.4M/year | 286 | ▼ -0.4% |
| February 2026 | ₦3.4M/year | 227 | ▼ -1.7% |
| January 2026 | ₦3.5M/year | 212 | ▼ -0.8% |
| December 2025 | ₦3.5M/year | 192 | ▲ +10.6% |
| November 2025 | ₦3.2M/year | 330 | ▲ +8.1% |
| October 2025 | ₦2.9M/year | 445 | ▲ +3.2% |
| September 2025 | ₦2.8M/year | 605 | ▲ +12.1% |
| August 2025 | ₦2.5M/year | 667 | ▲ +1.5% |
| July 2025 | ₦2.5M/year | 593 | ▼ -4.8% |
| June 2025 | ₦2.6M/year | 444 | ▼ -2.4% |
| May 2025 | ₦2.7M/year | 445 | ▲ +8.8% |
| April 2025 | ₦2.5M/year | 519 | ▲ +0.2% |
| March 2025 | ₦2.5M/year | 582 | ▲ +1.7% |
| February 2025 | ₦2.4M/year | 485 | ▼ -1.1% |
| January 2025 | ₦2.5M/year | 502 | ▲ +0.8% |
| December 2024 | ₦2.4M/year | 440 | ▲ +2.3% |
| November 2024 | ₦2.4M/year | 553 | ▲ +5.1% |