Private Property Rent Index · October 2026
Median asking rent for 3-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: ₦8M–₦17.9M
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 | ₦17.5M/year | ▼ -10.3% | ▲ +15.3% | 138 |
| Ikate Elegushi Small sample | ₦12.7M/year | ▼ -10.0% | ▲ +1.6% | 62 |
| Ikota Small sample | ₦6.7M/year | ▲ +1.2% | ▼ -7.1% | 26 |
| Month | Median | Listings | On last month |
|---|---|---|---|
| October 2026 | ₦12.8M/year | 398 | ▼ -1.8% |
| September 2026 | ₦13M/year | 431 | ▼ -10.8% |
| August 2026 | ₦14.6M/year | 391 | ▼ -3.3% |
| July 2026 | ₦15.1M/year | 325 | ▼ -11.3% |
| June 2026 | ₦17M/year | 271 | ▲ +12.6% |
| May 2026 | ₦15.1M/year | 309 | 0.0% |
| April 2026 | ₦15.1M/year | 313 | ▲ +2.0% |
| March 2026 | ₦14.8M/year | 324 | ▲ +5.1% |
| February 2026 | ₦14.1M/year | 250 | ▲ +11.3% |
| January 2026 | ₦12.7M/year | 249 | ▲ +5.1% |
| December 2025 | ₦12.1M/year | 216 | ▲ +8.3% |
| November 2025 | ₦11.1M/year | 287 | ▲ +11.2% |
| October 2025 | ₦10M/year | 392 | ▲ +1.9% |
| September 2025 | ₦9.8M/year | 509 | ▲ +8.9% |
| August 2025 | ₦9M/year | 536 | ▲ +2.1% |
| July 2025 | ₦8.8M/year | 482 | ▲ +10.4% |
| June 2025 | ₦8M/year | 373 | ▲ +2.0% |
| May 2025 | ₦7.9M/year | 329 | ▲ +19.9% |
| April 2025 | ₦6.6M/year | 346 | ▲ +10.2% |
| March 2025 | ₦5.9M/year | 430 | ▲ +0.2% |
| February 2025 | ₦5.9M/year | 498 | ▼ -1.2% |
| January 2025 | ₦6M/year | 543 | ▲ +2.2% |
| December 2024 | ₦5.9M/year | 565 | ▲ +0.4% |
| November 2024 | ₦5.9M/year | 535 | ▲ +1.1% |