Private Property Rent Index · October 2026
Median asking rent for 2-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: ₦7.1M–₦14.9M
Half of listings asked between these two figures.
Gross rental yield 4.0% · median price ₦246M
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 | ₦15M/year | ▲ +1.6% | ▲ +20.6% | 135 |
| Ikate Elegushi Small sample | ₦10.2M/year | ▼ -6.6% | ▼ -7.1% | 96 |
| Ologolo Small sample | ₦6M/year | ▼ -15.3% | ▼ -17.6% | 30 |
| Ilasan Small sample | ₦8.7M/year | 0.0% | Not available | 22 |
| Month | Median | Listings | On last month |
|---|---|---|---|
| October 2026 | ₦10M/year | 435 | ▲ +0.5% |
| September 2026 | ₦9.9M/year | 469 | ▼ -0.5% |
| August 2026 | ₦10M/year | 393 | ▼ -1.6% |
| July 2026 | ₦10.1M/year | 353 | ▼ -1.6% |
| June 2026 | ₦10.3M/year | 294 | ▲ +0.6% |
| May 2026 | ₦10.2M/year | 333 | ▼ -6.2% |
| April 2026 | ₦10.9M/year | 318 | ▲ +7.5% |
| March 2026 | ₦10.1M/year | 322 | ▲ +1.1% |
| February 2026 | ₦10M/year | 251 | ▲ +1.4% |
| January 2026 | ₦9.9M/year | 239 | ▼ -2.5% |
| December 2025 | ₦10.1M/year | 207 | ▲ +1.2% |
| November 2025 | ₦10M/year | 289 | ▲ +7.3% |
| October 2025 | ₦9.3M/year | 379 | ▲ +9.6% |
| September 2025 | ₦8.5M/year | 500 | ▲ +12.5% |
| August 2025 | ₦7.6M/year | 520 | ▼ -1.5% |
| July 2025 | ₦7.7M/year | 493 | ▲ +5.9% |
| June 2025 | ₦7.3M/year | 363 | ▲ +10.5% |
| May 2025 | ₦6.6M/year | 323 | ▲ +13.0% |
| April 2025 | ₦5.8M/year | 307 | ▲ +1.1% |
| March 2025 | ₦5.8M/year | 352 | ▼ -0.8% |
| February 2025 | ₦5.8M/year | 401 | ▲ +3.2% |
| January 2025 | ₦5.6M/year | 449 | ▲ +8.7% |
| December 2024 | ₦5.2M/year | 453 | ▲ +0.7% |
| November 2024 | ₦5.1M/year | 456 | ▲ +0.7% |