Private Property Rent Index · October 2026
Median asking rent for 3-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: ₦8.1M–₦18.1M
Half of listings asked between these two figures.
Gross rental yield 3.8% · median price ₦341M
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 | ₦17.2M/year | ▼ -5.9% | ▲ +13.7% | 107 |
| Ikate Elegushi Small sample | ₦12M/year | ▼ -3.7% | ▼ -6.4% | 46 |
| Month | Median | Listings | On last month |
|---|---|---|---|
| October 2026 | ₦12.8M/year | 285 | ▼ -1.3% |
| September 2026 | ₦13M/year | 310 | ▼ -11.1% |
| August 2026 | ₦14.6M/year | 292 | ▼ -4.1% |
| July 2026 | ₦15.2M/year | 243 | ▼ -16.3% |
| June 2026 | ₦18.2M/year | 197 | ▲ +2.9% |
| May 2026 | ₦17.6M/year | 222 | ▼ -0.7% |
| April 2026 | ₦17.8M/year | 219 | ▲ +17.1% |
| March 2026 | ₦15.2M/year | 235 | ▲ +3.9% |
| February 2026 | ₦14.6M/year | 175 | ▲ +12.7% |
| January 2026 | ₦13M/year | 178 | ▲ +0.3% |
| December 2025 | ₦12.9M/year | 144 | ▲ +0.4% |
| November 2025 | ₦12.9M/year | 181 | ▲ +7.2% |
| October 2025 | ₦12M/year | 214 | ▲ +16.6% |
| September 2025 | ₦10.3M/year | 297 | ▲ +6.8% |
| August 2025 | ₦9.6M/year | 307 | ▲ +4.2% |
| July 2025 | ₦9.3M/year | 289 | ▲ +6.5% |
| June 2025 | ₦8.7M/year | 213 | ▲ +10.5% |
| May 2025 | ₦7.9M/year | 204 | ▲ +19.6% |
| April 2025 | ₦6.6M/year | 216 | ▲ +11.4% |
| March 2025 | ₦5.9M/year | 269 | ▲ +0.1% |
| February 2025 | ₦5.9M/year | 309 | ▼ -0.3% |
| January 2025 | ₦5.9M/year | 337 | ▲ +2.1% |
| December 2024 | ₦5.8M/year | 357 | ▼ -0.6% |
| November 2024 | ₦5.8M/year | 356 | ▲ +0.4% |