What is the typical 4-bedroom property rent in Lekki Phase 1, Lagos?

The median asking rent for 4-bedroom property listings in Lekki Phase 1, Lagos was ₦27.8M/year in October 2026, according to the Private Property Rent Index.

What is the typical range for 4-bedroom property rents in Lekki Phase 1, Lagos?

Half of the listings counted in October 2026 asked between ₦24.9M and ₦35.7M/year.

Are 4-bedroom property rents in Lekki Phase 1, Lagos going up?

Yes. The median was up 26.2% on a year earlier: ₦27.8M/year in October 2026 against ₦22.1M/year in October 2025.

Private Property Rent Index · October 2026

4-bedroom property rent in Lekki Phase 1, Lagos

Name: 4-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 4-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

₦27.8M/year

Typical: ₦24.9M–₦35.7M

Half of listings asked between these two figures. Small sample

On last month
On a year ago: ▲ +5.4%; ▲ +26.2%
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	₦27.8M/year	₦24.9M–₦35.7M	88 Small sample	▲ +5.4%
September 2026	₦26.4M/year	₦25M–₦35.2M	85 Small sample	▼ -8.6%
August 2026	₦28.9M/year	₦25.2M–₦35.4M	81 Small sample	▲ +5.4%
July 2026	₦27.4M/year	₦23.7M–₦35.4M	76 Small sample	▲ +5.8%
June 2026	₦25.9M/year	₦24.8M–₦35.6M	68 Small sample	▲ +0.8%
May 2026	₦25.7M/year	₦22.5M–₦35.6M	72 Small sample	▼ -0.8%
April 2026	₦25.9M/year	₦24.9M–₦36.2M	78 Small sample	▲ +0.8%
March 2026	₦25.7M/year	₦20.3M–₦35.9M	83 Small sample	▲ +0.8%
February 2026	₦25.5M/year	₦18.1M–₦35.1M	66 Small sample	▲ +0.9%
January 2026	₦25.3M/year	₦17.4M–₦28.8M	63 Small sample	▲ +0.8%
December 2025	₦25.1M/year	₦15.6M–₦26.1M	64 Small sample	▲ +0.1%
November 2025	₦25.1M/year	₦19.7M–₦28.9M	94 Small sample	▲ +13.7%
October 2025	₦22.1M/year	₦18.4M–₦29M	117	▼ -12.3%
September 2025	₦25.1M/year	₦19.5M–₦29.4M	153	▲ +0.1%
August 2025	₦25.1M/year	₦17M–₦29.5M	150	▼ -0.9%
July 2025	₦25.3M/year	₦17M–₦29.7M	138	▲ +1.9%
June 2025	₦24.9M/year	₦15.1M–₦29.2M	99 Small sample	▲ +24.7%
May 2025	₦19.9M/year	₦14.4M–₦28.8M	82 Small sample	▲ +32.5%
April 2025	₦15M/year	₦12.1M–₦25M	98 Small sample	▼ -1.0%
March 2025	₦15.2M/year	₦12.1M–₦25M	128	▼ -2.3%
February 2025	₦15.6M/year	₦12.3M–₦23.5M	130	▼ -2.7%
January 2025	₦16M/year	₦12.7M–₦24.9M	118	▲ +4.1%
December 2024	₦15.4M/year	₦12.7M–₦21.5M	96 Small sample	▲ +3.3%
November 2024	₦14.9M/year	₦12.2M–₦20.2M	92 Small sample	▲ +0.8%

See 4-bedroom property listings for rent in Lekki Phase 1

Frequently asked

What is the typical 4-bedroom property rent in Lekki Phase 1, Lagos?: The median asking rent for 4-bedroom property listings in Lekki Phase 1, Lagos was ₦27.8M/year in October 2026, according to the Private Property Rent Index.
What is the typical range for 4-bedroom property rents in Lekki Phase 1, Lagos?: Half of the listings counted in October 2026 asked between ₦24.9M and ₦35.7M/year.
Are 4-bedroom property rents in Lekki Phase 1, Lagos going up?: Yes. The median was up 26.2% on a year earlier: ₦27.8M/year in October 2026 against ₦22.1M/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-1/4-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