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Private Property Short-let Index · October 2026

Flat short-let rates in Lekki, Lagos

Median asking short-let rate for flat listings in Lekki, Lagos, from the listings first published on Private Property in the three months to each month.

Median short-let rate · October 2026

₦139K/night

Typical: ₦94.2K–₦192K

Half of listings asked between these two figures.

On last month
On a year ago
▲ +5.9%
▼ -9.1%
Listings
Listings published
168
Aug–Oct 2026

Median short-let rate by month

Median   Typical range (lower to upper quartile). Asking prices of listings first published in the three months to each month.

Short-let rate in Lekki by size, October 2026

Short-let rate across Lekki, October 2026

Area Median Typical range On last month On a year ago Listings
Lekki Phase 1 Small sample ₦165K/night ₦122K–₦205K ▲ +19.1% ▼ -1.1% 80
Ikate Elegushi Small sample ₦128K/night ₦87.9K–₦171K Not available ▼ -15.4% 32

Month by month

MonthMedianTypical rangeListingsOn last month
October 2026 ₦139K/night ₦94.2K–₦192K 168 ▲ +5.9%
September 2026 ₦131K/night ₦94.2K–₦166K 108 ▲ +0.2%
August 2026 ₦131K/night ₦98.7K–₦170K 73 Small sample ▼ -6.7%
July 2026 ₦140K/night ₦118K–₦199K 91 Small sample ▼ -6.8%
June 2026 ₦151K/night ₦116K–₦199K 106 ▼ -1.5%
May 2026 ₦153K/night ₦120K–₦201K 125 ▲ +8.5%
April 2026 ₦141K/night ₦115K–₦193K 146 ▼ -6.9%
March 2026 ₦151K/night ₦116K–₦196K 130 ▼ -10.8%
February 2026 ₦170K/night ₦120K–₦250K 205 ▼ -9.2%
January 2026 ₦187K/night ₦140K–₦259K 260 ▲ +3.8%
December 2025 ₦180K/night ₦130K–₦242K 460 ▲ +13.7%
November 2025 ₦158K/night ₦117K–₦210K 549 ▲ +3.6%
October 2025 ₦153K/night ₦108K–₦198K 620 ▲ +2.6%
September 2025 ₦149K/night ₦105K–₦186K 488 ▲ +1.6%
August 2025 ₦147K/night ₦108K–₦183K 421 ▲ +5.7%
July 2025 ₦139K/night ₦107K–₦183K 295 ▼ -6.4%
June 2025 ₦148K/night ₦108K–₦187K 254 ▼ -1.5%
May 2025 ₦150K/night ₦108K–₦193K 280 ▼ -1.5%
April 2025 ₦153K/night ₦108K–₦192K 350 ▼ -0.4%
March 2025 ₦153K/night ₦116K–₦194K 342 ▼ -0.6%
February 2025 ₦154K/night ₦117K–₦203K 311 ▲ +0.1%
January 2025 ₦154K/night ₦110K–₦203K 291 ▲ +1.2%
December 2024 ₦152K/night ₦99.2K–₦205K 244 ▲ +10.1%
November 2024 ₦138K/night ₦98K–₦182K 265 ▲ +5.4%

Frequently asked

What is the typical flat short-let rate in Lekki, Lagos?
The median asking short-let rate for flat listings in Lekki, Lagos was ₦139K/night in October 2026, according to the Private Property Short-let Index.
What is the typical range for flat short-let rates in Lekki, Lagos?
Half of the listings counted in October 2026 asked between ₦94.2K and ₦192K/night.
Are flat short-let rates in Lekki, Lagos going up?
No. The median was down 9.1% on a year earlier: ₦139K/night in October 2026 against ₦153K/night in October 2025.
Cite this figure. Private Property Short-let Index, October 2026, Private Property Nigeria, https://privateproperty.ng/market-trends/short-let/flats-apartments/lagos/lekki
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