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Private Property Rent Index · October 2026

House rent in Lekki Phase 2, Lagos

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

Median rent · October 2026

₦12.1M/year

Typical: ₦8.1M–₦15M

Half of listings asked between these two figures. Small sample

On last month
On a year ago
▼ -2.6%
▲ +50.0%
Listings
Listings published
36
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 2 by size, October 2026

Month by month

MonthMedianTypical rangeListingsOn last month
October 2026 ₦12.1M/year ₦8.1M–₦15M 36 Small sample ▼ -2.6%
September 2026 ₦12.4M/year ₦9.1M–₦15.1M 23 Small sample ▲ +1.2%
August 2026 ₦12.2M/year ₦8.9M–₦15.1M 24 Small sample Not available
May 2026 ₦10.2M/year ₦8.8M–₦14.3M 25 Small sample ▼ -1.1%
April 2026 ₦10.3M/year ₦8M–₦14.1M 45 Small sample ▲ +1.3%
March 2026 ₦10.1M/year ₦7.8M–₦13.1M 61 Small sample ▼ -1.7%
February 2026 ₦10.3M/year ₦7.7M–₦14.5M 56 Small sample ▲ +0.8%
January 2026 ₦10.2M/year ₦7.7M–₦14.3M 49 Small sample ▲ +9.4%
December 2025 ₦9.4M/year ₦6.6M–₦13M 38 Small sample ▲ +6.3%
November 2025 ₦8.8M/year ₦7.2M–₦12.8M 49 Small sample ▲ +9.5%
October 2025 ₦8M/year ₦7.1M–₦12.1M 64 Small sample ▲ +1.9%
September 2025 ₦7.9M/year ₦6.5M–₦11.1M 66 Small sample ▼ -2.1%
August 2025 ₦8.1M/year ₦6.6M–₦12.2M 53 Small sample ▼ -0.3%
July 2025 ₦8.1M/year ₦6.5M–₦12.5M 28 Small sample ▼ -13.6%
June 2025 ₦9.4M/year ₦6.4M–₦13.5M 26 Small sample ▲ +3.7%
May 2025 ₦9M/year ₦6M–₦12.3M 23 Small sample ▲ +12.5%
April 2025 ₦8M/year ₦5.9M–₦11.2M 27 Small sample ▲ +1.6%
March 2025 ₦7.9M/year ₦5.8M–₦10.3M 24 Small sample ▲ +30.8%
February 2025 ₦6M/year ₦5.7M–₦10M 24 Small sample Not available
December 2024 ₦5.7M/year ₦5M–₦7.3M 21 Small sample 0.0%
November 2024 ₦5.7M/year ₦4.5M–₦7.5M 32 Small sample ▲ +8.9%
October 2024 ₦5.2M/year ₦4M–₦6.5M 28 Small sample 0.0%
September 2024 ₦5.2M/year ₦4.1M–₦6.4M 26 Small sample ▲ +20.1%
August 2024 ₦4.3M/year ₦3.7M–₦5.2M 21 Small sample Not available

Frequently asked

What is the typical house rent in Lekki Phase 2, Lagos?
The median asking rent for house listings in Lekki Phase 2, Lagos was ₦12.1M/year in October 2026, according to the Private Property Rent Index.
What is the typical range for house rents in Lekki Phase 2, Lagos?
Half of the listings counted in October 2026 asked between ₦8.1M and ₦15M/year.
Are house rents in Lekki Phase 2, Lagos going up?
Yes. The median was up 50.0% on a year earlier: ₦12.1M/year in October 2026 against ₦8M/year in October 2025.
Cite this figure. Private Property Rent Index, October 2026, Private Property Nigeria, https://privateproperty.ng/market-trends/rent/houses/lagos/lekki/lekki-phase-2
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