Private Property Rent Index · October 2026
Median asking rent for 4-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: ₦10.3M–₦22.4M
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 Small sample | ₦27.8M/year | ▲ +5.4% | ▲ +26.2% | 88 |
| Ikota Small sample | ₦10.1M/year | ▼ -1.2% | ▲ +29.0% | 57 |
| Ikate Elegushi Small sample | ₦15.2M/year | ▼ -1.0% | ▲ +0.3% | 50 |
| Chevron Drive Small sample | ₦12.8M/year | ▼ -1.4% | ▲ +26.7% | 39 |
| Lekki Phase 2 Small sample | ₦12.1M/year | Not available | ▲ +50.9% | 20 |
| Month | Median | Listings | On last month |
|---|---|---|---|
| October 2026 | ₦14.6M/year | 422 | ▼ -0.4% |
| September 2026 | ₦14.6M/year | 427 | ▼ -0.5% |
| August 2026 | ₦14.7M/year | 394 | ▲ +0.1% |
| July 2026 | ₦14.7M/year | 352 | ▲ +2.4% |
| June 2026 | ₦14.3M/year | 344 | ▲ +8.9% |
| May 2026 | ₦13.2M/year | 407 | ▼ -10.2% |
| April 2026 | ₦14.7M/year | 413 | ▲ +0.5% |
| March 2026 | ₦14.6M/year | 417 | ▼ -0.6% |
| February 2026 | ₦14.7M/year | 298 | ▲ +3.1% |
| January 2026 | ₦14.2M/year | 292 | ▼ -2.2% |
| December 2025 | ₦14.5M/year | 254 | ▲ +16.7% |
| November 2025 | ₦12.5M/year | 415 | ▲ +12.1% |
| October 2025 | ₦11.1M/year | 611 | ▲ +8.2% |
| September 2025 | ₦10.3M/year | 809 | ▲ +1.8% |
| August 2025 | ₦10.1M/year | 848 | ▼ -0.1% |
| July 2025 | ₦10.1M/year | 752 | ▲ +0.8% |
| June 2025 | ₦10M/year | 579 | ▲ +1.6% |
| May 2025 | ₦9.9M/year | 506 | ▲ +10.6% |
| April 2025 | ₦8.9M/year | 574 | ▲ +4.6% |
| March 2025 | ₦8.5M/year | 702 | ▲ +6.7% |
| February 2025 | ₦8M/year | 744 | ▼ -0.4% |
| January 2025 | ₦8M/year | 697 | ▲ +1.5% |
| December 2024 | ₦7.9M/year | 658 | ▲ +2.3% |
| November 2024 | ₦7.7M/year | 649 | ▲ +4.8% |