Private Property Rent Index · October 2026
Median asking rent for 2-bedroom property listings in Lekki, Lagos, from the listings first published on Private Property in the three months to each month.
Median rent · October 2026
Typical: ₦7.1M–₦14.9M
Half of listings asked between these two figures.
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 | ₦15.1M/year | ▲ +1.5% | ▲ +20.2% | 148 |
| Ikate Elegushi | ₦10.3M/year | ▼ -7.8% | ▼ -6.9% | 101 |
| Ologolo Small sample | ₦6M/year | ▼ -16.1% | ▼ -16.9% | 30 |
| Ilasan Small sample | ₦8.8M/year | ▲ +0.8% | Not available | 25 |
| Month | Median | Listings | On last month |
|---|---|---|---|
| October 2026 | ₦10M/year | 477 | ▲ +0.2% |
| September 2026 | ₦10M/year | 514 | ▼ -0.8% |
| August 2026 | ₦10.1M/year | 430 | ▼ -2.0% |
| July 2026 | ₦10.3M/year | 404 | ▼ -6.8% |
| June 2026 | ₦11M/year | 345 | ▲ +7.5% |
| May 2026 | ₦10.3M/year | 396 | ▼ -5.4% |
| April 2026 | ₦10.8M/year | 378 | ▲ +7.3% |
| March 2026 | ₦10.1M/year | 380 | ▲ +0.2% |
| February 2026 | ₦10.1M/year | 296 | ▲ +1.2% |
| January 2026 | ₦10M/year | 271 | ▼ -2.2% |
| December 2025 | ₦10.2M/year | 236 | ▲ +2.1% |
| November 2025 | ₦10M/year | 338 | ▲ +7.2% |
| October 2025 | ₦9.3M/year | 478 | ▲ +3.9% |
| September 2025 | ₦9M/year | 636 | ▲ +14.8% |
| August 2025 | ₦7.8M/year | 679 | ▼ -0.1% |
| July 2025 | ₦7.8M/year | 630 | ▲ +6.1% |
| June 2025 | ₦7.4M/year | 457 | ▲ +3.2% |
| May 2025 | ₦7.1M/year | 378 | ▲ +21.8% |
| April 2025 | ₦5.9M/year | 367 | ▲ +0.7% |
| March 2025 | ₦5.8M/year | 432 | 0.0% |
| February 2025 | ₦5.8M/year | 504 | ▲ +5.6% |
| January 2025 | ₦5.5M/year | 557 | ▲ +7.2% |
| December 2024 | ₦5.1M/year | 562 | ▲ +0.4% |
| November 2024 | ₦5.1M/year | 565 | ▲ +0.1% |