What is the typical 2-bedroom flat rent in Lekki Phase 1, Lagos?

The median asking rent for 2-bedroom flat listings in Lekki Phase 1, Lagos was ₦15M/year in October 2026, according to the Private Property Rent Index.

What is the typical range for 2-bedroom flat rents in Lekki Phase 1, Lagos?

Half of the listings counted in October 2026 asked between ₦10.3M and ₦19.7M/year.

Are 2-bedroom flat rents in Lekki Phase 1, Lagos going up?

Yes. The median was up 20.6% on a year earlier: ₦15M/year in October 2026 against ₦12.5M/year in October 2025.

Private Property Rent Index · October 2026

2-bedroom flat rent in Lekki Phase 1, Lagos

Name: 2-bedroom flat rent in Lekki Phase 1, Lagos — Private Property Rent Index
Creator: Private Property Nigeria
License: https://creativecommons.org/licenses/by/4.0/

Median asking rent for 2-bedroom flat listings in Lekki Phase 1, Lagos, from the listings first published on Private Property in the three months to each month.

Median rent · October 2026

₦15M/year

Typical: ₦10.3M–₦19.7M

Half of listings asked between these two figures.

Gross rental yield 5.1% · median price ₦297M

On last month
On a year ago: ▲ +1.6%; ▲ +20.6%
Listings
Listings published: 135; Aug–Oct 2026

Median rent by month

Median Typical range (lower to upper quartile). Asking prices of listings first published in the three months to each month.

Rent in Lekki Phase 1 by size, October 2026

All sizes ₦14.7M 1 bedroom ₦7.1M Small sample 2 bedrooms ₦15M 3 bedrooms ₦17.2M

Month by month

Month	Median	Typical range	Listings	On last month
October 2026	₦15M/year	₦10.3M–₦19.7M	135	▲ +1.6%
September 2026	₦14.8M/year	₦11.4M–₦18.4M	132	▼ -0.7%
August 2026	₦14.9M/year	₦11.3M–₦18.3M	117	▼ -0.3%
July 2026	₦15M/year	₦12.1M–₦19.8M	113	▼ -0.9%
June 2026	₦15.1M/year	₦12.2M–₦20.2M	96 Small sample	▼ -0.2%
May 2026	₦15.1M/year	₦12.4M–₦20.3M	98 Small sample	▲ +1.0%
April 2026	₦15M/year	₦12.2M–₦20.3M	92 Small sample	▲ +2.3%
March 2026	₦14.6M/year	₦11M–₦20M	77 Small sample	▲ +0.3%
February 2026	₦14.6M/year	₦10.2M–₦20M	60 Small sample	▼ -0.1%
January 2026	₦14.6M/year	₦12M–₦19.7M	65 Small sample	▼ -0.1%
December 2025	₦14.6M/year	₦12.1M–₦18.1M	70 Small sample	▲ +2.2%
November 2025	₦14.3M/year	₦10.9M–₦17M	106	▲ +14.8%
October 2025	₦12.5M/year	₦9.9M–₦15.1M	134	▲ +1.5%
September 2025	₦12.3M/year	₦9.2M–₦14.8M	166	▲ +1.5%
August 2025	₦12.1M/year	₦9.1M–₦14.4M	140	▼ -0.7%
July 2025	₦12.2M/year	₦9.2M–₦14.6M	119	▲ +1.5%
June 2025	₦12M/year	₦7.9M–₦14.7M	70 Small sample	▲ +5.6%
May 2025	₦11.4M/year	₦7.7M–₦13.5M	72 Small sample	▲ +18.6%
April 2025	₦9.6M/year	₦6M–₦13.4M	67 Small sample	▲ +20.1%
March 2025	₦8M/year	₦5.9M–₦12.3M	88 Small sample	▼ -0.7%
February 2025	₦8M/year	₦6M–₦11.9M	104	▲ +3.5%
January 2025	₦7.8M/year	₦5.9M–₦10.2M	129	▼ -0.6%
December 2024	₦7.8M/year	₦5.9M–₦10.3M	113	▲ +9.5%
November 2024	₦7.1M/year	₦5.2M–₦10.1M	100	▼ -0.2%

See 2-bedroom flat listings for rent in Lekki Phase 1

Frequently asked

What is the typical 2-bedroom flat rent in Lekki Phase 1, Lagos?: The median asking rent for 2-bedroom flat listings in Lekki Phase 1, Lagos was ₦15M/year in October 2026, according to the Private Property Rent Index.
What is the typical range for 2-bedroom flat rents in Lekki Phase 1, Lagos?: Half of the listings counted in October 2026 asked between ₦10.3M and ₦19.7M/year.
Are 2-bedroom flat rents in Lekki Phase 1, Lagos going up?: Yes. The median was up 20.6% on a year earlier: ₦15M/year in October 2026 against ₦12.5M/year in October 2025.

Cite this figure. Private Property Rent Index, October 2026, Private Property Nigeria, https://privateproperty.ng/market-trends/rent/flats-apartments/lagos/lekki/lekki-phase-1/2-bedroom
Free to reuse under CC BY 4.0, with credit to Private Property and a link to this page.
How these figures are worked out