Private Property Rent Index · October 2026
Median asking rent for house listings in Lekki, Lagos, from the listings first published on Private Property in the three months to each month.
Median rent · October 2026
Typical: ₦10.9M–₦25.2M
Half of listings asked between these two figures.
Gross rental yield 3.7% · median price ₦397M
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 | ₦26M/year | ▲ +0.6% | ▲ +17.2% | 167 |
| Ikota Small sample | ₦10.1M/year | 0.0% | ▲ +28.9% | 89 |
| Ikate Elegushi Small sample | ₦15.2M/year | ▼ -2.4% | ▲ +2.0% | 80 |
| Chevron Drive Small sample | ₦14.2M/year | 0.0% | ▲ +39.2% | 66 |
| Lekki Phase 2 Small sample | ₦12.1M/year | ▼ -2.6% | ▲ +50.0% | 36 |
| Osapa Small sample | ₦17.8M/year | ▼ -3.4% | Not available | 23 |
| Osapa London Small sample | ₦19.9M/year | ▲ +0.5% | ▲ +93.2% | 23 |
| Month | Median | Listings | On last month |
|---|---|---|---|
| October 2026 | ₦14.9M/year | 720 | ▼ -0.4% |
| September 2026 | ₦14.9M/year | 739 | ▼ -0.8% |
| August 2026 | ₦15M/year | 659 | ▲ +0.2% |
| July 2026 | ₦15M/year | 599 | ▲ +1.2% |
| June 2026 | ₦14.8M/year | 586 | ▲ +1.9% |
| May 2026 | ₦14.5M/year | 678 | ▼ -1.1% |
| April 2026 | ₦14.7M/year | 685 | ▼ -0.6% |
| March 2026 | ₦14.8M/year | 699 | ▼ -0.8% |
| February 2026 | ₦14.9M/year | 531 | ▲ +1.1% |
| January 2026 | ₦14.8M/year | 511 | ▲ +4.7% |
| December 2025 | ₦14.1M/year | 452 | ▲ +13.1% |
| November 2025 | ₦12.5M/year | 688 | ▲ +10.2% |
| October 2025 | ₦11.3M/year | 1,054 | ▲ +9.8% |
| September 2025 | ₦10.3M/year | 1,349 | ▲ +1.4% |
| August 2025 | ₦10.2M/year | 1,445 | ▲ +0.1% |
| July 2025 | ₦10.1M/year | 1,242 | ▲ +0.3% |
| June 2025 | ₦10.1M/year | 957 | ▲ +0.8% |
| May 2025 | ₦10M/year | 794 | ▲ +10.3% |
| April 2025 | ₦9.1M/year | 901 | ▲ +3.2% |
| March 2025 | ₦8.8M/year | 1,109 | ▲ +9.2% |
| February 2025 | ₦8.1M/year | 1,205 | ▼ -4.9% |
| January 2025 | ₦8.5M/year | 1,195 | ▲ +7.0% |
| December 2024 | ₦7.9M/year | 1,160 | ▲ +1.9% |
| November 2024 | ₦7.8M/year | 1,133 | ▲ +0.8% |