Private Property Rent Index · October 2026
Median asking rent for 4-bedroom 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: ₦10.3M–₦22.2M
Half of listings asked between these two figures.
Gross rental yield 5.4% · median price ₦268M
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 | ₦28.7M/year | 0.0% | ▲ +30.8% | 78 |
| Ikota Small sample | ₦10.1M/year | ▼ -1.0% | ▲ +29.7% | 53 |
| Ikate Elegushi Small sample | ₦15.1M/year | ▼ -0.5% | ▲ +0.4% | 47 |
| Chevron Drive Small sample | ₦12.9M/year | ▼ -1.0% | ▲ +27.2% | 38 |
| Lekki Phase 2 Small sample | ₦12.1M/year | Not available | ▲ +50.6% | 20 |
| Month | Median | Listings | On last month |
|---|---|---|---|
| October 2026 | ₦14.6M/year | 392 | ▼ -0.1% |
| September 2026 | ₦14.6M/year | 395 | ▼ -0.3% |
| August 2026 | ₦14.6M/year | 368 | ▲ +0.6% |
| July 2026 | ₦14.6M/year | 330 | ▲ +2.7% |
| June 2026 | ₦14.2M/year | 329 | ▲ +9.0% |
| May 2026 | ₦13M/year | 387 | ▼ -10.7% |
| April 2026 | ₦14.6M/year | 389 | ▲ +1.3% |
| March 2026 | ₦14.4M/year | 391 | ▼ -1.7% |
| February 2026 | ₦14.6M/year | 280 | ▲ +2.4% |
| January 2026 | ₦14.3M/year | 282 | ▲ +0.8% |
| December 2025 | ₦14.2M/year | 242 | ▲ +13.8% |
| November 2025 | ₦12.4M/year | 391 | ▲ +13.5% |
| October 2025 | ₦11M/year | 584 | ▲ +7.1% |
| September 2025 | ₦10.2M/year | 779 | ▲ +1.5% |
| August 2025 | ₦10.1M/year | 813 | ▼ -0.2% |
| July 2025 | ₦10.1M/year | 706 | ▲ +0.5% |
| June 2025 | ₦10.1M/year | 539 | ▲ +1.8% |
| May 2025 | ₦9.9M/year | 470 | ▲ +10.3% |
| April 2025 | ₦9M/year | 543 | ▲ +4.4% |
| March 2025 | ₦8.6M/year | 662 | ▲ +6.9% |
| February 2025 | ₦8M/year | 701 | ▼ -0.5% |
| January 2025 | ₦8.1M/year | 656 | ▲ +1.6% |
| December 2024 | ₦8M/year | 627 | ▲ +2.6% |
| November 2024 | ₦7.8M/year | 617 | ▲ +3.2% |