Private Property Rent Index · October 2026
Median asking rent for 5-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: ₦15M–₦39.4M
Half of listings asked between these two figures.
Gross rental yield 4.1% · median price ₦600M
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 | ₦39.9M/year | ▲ +1.6% | ▲ +12.7% | 40 |
| Chevron Drive Small sample | ₦18.3M/year | ▲ +2.5% | Not available | 21 |
| Month | Median | Listings | On last month |
|---|---|---|---|
| October 2026 | ₦24.9M/year | 165 | ▼ -0.2% |
| September 2026 | ₦24.9M/year | 169 | ▼ -0.7% |
| August 2026 | ₦25.1M/year | 149 | ▼ -0.6% |
| July 2026 | ₦25.3M/year | 131 | ▲ +0.6% |
| June 2026 | ₦25.1M/year | 127 | ▼ -0.1% |
| May 2026 | ₦25.1M/year | 138 | ▼ -0.8% |
| April 2026 | ₦25.3M/year | 137 | ▼ -0.1% |
| March 2026 | ₦25.4M/year | 157 | ▲ +1.2% |
| February 2026 | ₦25M/year | 126 | ▲ +0.1% |
| January 2026 | ₦25M/year | 117 | ▼ -0.4% |
| December 2025 | ₦25.1M/year | 94 Small sample | ▲ +0.3% |
| November 2025 | ₦25M/year | 126 | ▲ +22.7% |
| October 2025 | ₦20.4M/year | 179 | ▲ +3.9% |
| September 2025 | ₦19.6M/year | 211 | ▲ +22.7% |
| August 2025 | ₦16M/year | 230 | ▼ -5.9% |
| July 2025 | ₦17M/year | 197 | ▼ -3.6% |
| June 2025 | ₦17.6M/year | 156 | ▼ -10.1% |
| May 2025 | ₦19.6M/year | 141 | ▲ +29.2% |
| April 2025 | ₦15.2M/year | 162 | ▲ +2.9% |
| March 2025 | ₦14.8M/year | 198 | ▲ +1.0% |
| February 2025 | ₦14.6M/year | 205 | ▼ -0.3% |
| January 2025 | ₦14.6M/year | 210 | ▲ +0.3% |
| December 2024 | ₦14.6M/year | 203 | ▲ +2.4% |
| November 2024 | ₦14.3M/year | 215 | ▲ +14.4% |