Median asking rent for property listings in Lekki Phase 1, Lagos,
from the listings first published on Private Property in the three months to each month.
Median rent · October 2026
₦16.9M/year
Typical: ₦10.3M–₦25.5M
Half of listings asked between these two figures.
On last month
On a year ago
▼ -0.1%
▲ +13.2%
Listings
Listings published
503
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.
What is the typical property rent in Lekki Phase 1, Lagos?
The median asking rent for property listings in Lekki Phase 1, Lagos was ₦16.9M/year in October 2026, according to the Private Property Rent Index.
What is the typical range for property rents in Lekki Phase 1, Lagos?
Half of the listings counted in October 2026 asked between ₦10.3M and ₦25.5M/year.
Are property rents in Lekki Phase 1, Lagos going up?
Yes. The median was up 13.2% on a year earlier: ₦16.9M/year in October 2026 against ₦14.9M/year in October 2025.
Cite this figure. Private Property Rent Index, October 2026, Private Property Nigeria, https://privateproperty.ng/market-trends/rent/lagos/lekki/lekki-phase-1
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