What is the typical 1-bedroom property rent in Lekki Phase 1, Lagos?

The median asking rent for 1-bedroom property listings in Lekki Phase 1, Lagos was ₦7.2M/year in October 2026, according to the Private Property Rent Index.

What is the typical range for 1-bedroom property rents in Lekki Phase 1, Lagos?

Half of the listings counted in October 2026 asked between ₦5.2M and ₦9.3M/year.

Are 1-bedroom property rents in Lekki Phase 1, Lagos going up?

Yes. The median was up 20.9% on a year earlier: ₦7.2M/year in October 2026 against ₦5.9M/year in October 2025.

Private Property Rent Index · October 2026

1-bedroom property rent in Lekki Phase 1, Lagos

Name: 1-bedroom property rent in Lekki Phase 1, Lagos — Private Property Rent Index
Creator: Private Property Nigeria
License: https://creativecommons.org/licenses/by/4.0/

Median asking rent for 1-bedroom 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

₦7.2M/year

Typical: ₦5.2M–₦9.3M

Half of listings asked between these two figures. Small sample

On last month
On a year ago: ▲ +7.9%; ▲ +20.9%
Listings
Listings published: 88; 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 1 by size, October 2026

All sizes ₦16.9M 1 bedroom ₦7.2M Small sample 2 bedrooms ₦15.1M 3 bedrooms ₦17.5M 4 bedrooms ₦27.8M Small sample 5 bedrooms ₦40M Small sample

Month by month

Month	Median	Typical range	Listings	On last month
October 2026	₦7.2M/year	₦5.2M–₦9.3M	88 Small sample	▲ +7.9%
September 2026	₦6.7M/year	₦4.5M–₦9M	90 Small sample	▲ +2.0%
August 2026	₦6.5M/year	₦5M–₦8.9M	74 Small sample	▲ +2.1%
July 2026	₦6.4M/year	₦5.1M–₦8.5M	63 Small sample	▲ +10.0%
June 2026	₦5.8M/year	₦3.7M–₦7.8M	53 Small sample	▼ -1.4%
May 2026	₦5.9M/year	₦3.7M–₦8.9M	57 Small sample	▼ -18.4%
April 2026	₦7.2M/year	₦3.4M–₦9.2M	66 Small sample	▼ -0.4%
March 2026	₦7.2M/year	₦3.4M–₦10M	63 Small sample	▲ +22.0%
February 2026	₦5.9M/year	₦3.3M–₦8.8M	54 Small sample	▼ -1.0%
January 2026	₦6M/year	₦3.7M–₦8.8M	59 Small sample	▼ -18.6%
December 2025	₦7.4M/year	₦5M–₦9.1M	54 Small sample	▲ +14.6%
November 2025	₦6.4M/year	₦5M–₦7.9M	75 Small sample	▲ +8.3%
October 2025	₦5.9M/year	₦3.7M–₦8.9M	80 Small sample	▲ +1.6%
September 2025	₦5.8M/year	₦3.7M–₦7.6M	86 Small sample	▲ +4.6%
August 2025	₦5.6M/year	₦3.5M–₦8.6M	81 Small sample	▲ +8.7%
July 2025	₦5.1M/year	₦3.5M–₦6.5M	65 Small sample	▲ +0.5%
June 2025	₦5.1M/year	₦3.1M–₦6.6M	62 Small sample	▲ +17.3%
May 2025	₦4.4M/year	₦2.7M–₦6M	76 Small sample	▲ +10.5%
April 2025	₦3.9M/year	₦2.5M–₦5.7M	89 Small sample	▲ +1.1%
March 2025	₦3.9M/year	₦2.5M–₦5.6M	113	▼ -0.2%
February 2025	₦3.9M/year	₦2.5M–₦5.5M	102	▲ +11.2%
January 2025	₦3.5M/year	₦2.5M–₦5.2M	104	▼ -2.8%
December 2024	₦3.6M/year	₦3M–₦5.1M	93 Small sample	▼ -1.6%
November 2024	₦3.7M/year	₦2.9M–₦5.1M	115	▲ +4.5%

See 1-bedroom property listings for rent in Lekki Phase 1

Frequently asked

What is the typical 1-bedroom property rent in Lekki Phase 1, Lagos?: The median asking rent for 1-bedroom property listings in Lekki Phase 1, Lagos was ₦7.2M/year in October 2026, according to the Private Property Rent Index.
What is the typical range for 1-bedroom property rents in Lekki Phase 1, Lagos?: Half of the listings counted in October 2026 asked between ₦5.2M and ₦9.3M/year.
Are 1-bedroom property rents in Lekki Phase 1, Lagos going up?: Yes. The median was up 20.9% on a year earlier: ₦7.2M/year in October 2026 against ₦5.9M/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-1/1-bedroom
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