Median asking short-let rate for flat listings in Lekki Phase 1, Lagos,
from the listings first published on Private Property in the three months to each month.
Median short-let rate · October 2026
₦165K/night
Typical: ₦122K–₦205K
Half of listings asked between these two figures.
Small sample
On last month
On a year ago
▲ +19.1%
▼ -1.1%
Listings
Listings published
80
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 Phase 1 by size, October 2026
What is the typical flat short-let rate in Lekki Phase 1, Lagos?
The median asking short-let rate for flat listings in Lekki Phase 1, Lagos was ₦165K/night in October 2026, according to the Private Property Short-let Index.
What is the typical range for flat short-let rates in Lekki Phase 1, Lagos?
Half of the listings counted in October 2026 asked between ₦122K and ₦205K/night.
Are flat short-let rates in Lekki Phase 1, Lagos going up?
No. The median was down 1.1% on a year earlier: ₦165K/night in October 2026 against ₦167K/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/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