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Private Property Short-let Index · October 2026

1-bedroom flat short-let rates in Lekki Phase 1, Lagos

Median asking short-let rate for 1-bedroom 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

₦97.7K/night

Typical: ₦87.2K–₦136K

Half of listings asked between these two figures. Small sample

On last month
On a year ago
▲ +0.8%
▼ -10.6%
Listings
Listings published
22
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

Month by month

MonthMedianTypical rangeListingsOn last month
October 2026 ₦97.7K/night ₦87.2K–₦136K 22 Small sample ▲ +0.8%
September 2026 ₦97K/night ₦88.1K–₦129K 22 Small sample Not available
April 2026 ₦110K/night ₦89.2K–₦121K 21 Small sample Not available
February 2026 ₦117K/night ₦88.3K–₦161K 33 Small sample ▼ -3.0%
January 2026 ₦120K/night ₦90.3K–₦152K 43 Small sample ▼ -0.4%
December 2025 ₦121K/night ₦96.9K–₦141K 77 Small sample ▲ +3.5%
November 2025 ₦117K/night ₦90.4K–₦136K 105 ▲ +6.8%
October 2025 ₦109K/night ₦88.3K–₦136K 117 ▲ +3.4%
September 2025 ₦106K/night ₦83.7K–₦136K 89 Small sample ▼ -0.1%
August 2025 ₦106K/night ₦83.4K–₦135K 75 Small sample ▲ +7.4%
July 2025 ₦98.5K/night ₦81.1K–₦129K 48 Small sample ▲ +2.7%
June 2025 ₦96K/night ₦79.2K–₦116K 35 Small sample ▼ -10.1%
May 2025 ₦107K/night ₦89K–₦129K 31 Small sample ▲ +1.1%
April 2025 ₦106K/night ₦76.1K–₦128K 43 Small sample ▼ -3.6%
March 2025 ₦110K/night ₦81.4K–₦136K 39 Small sample ▲ +9.4%
February 2025 ₦100K/night ₦77.2K–₦138K 36 Small sample ▲ +0.8%
January 2025 ₦99.3K/night ₦84.4K–₦128K 36 Small sample ▲ +3.6%
December 2024 ₦95.9K/night ₦81.4K–₦121K 33 Small sample ▲ +3.0%
November 2024 ₦93.1K/night ₦81.1K–₦109K 36 Small sample ▲ +4.1%
October 2024 ₦89.4K/night ₦76.6K–₦110K 32 Small sample ▲ +2.1%
September 2024 ₦87.6K/night ₦69K–₦109K 27 Small sample ▲ +11.6%
August 2024 ₦78.5K/night ₦60.7K–₦96.6K 26 Small sample Not available
January 2024 ₦78.5K/night ₦66.2K–₦93.1K 22 Small sample 0.0%
December 2023 ₦78.5K/night ₦60K–₦106K 22 Small sample ▼ -7.1%

Frequently asked

What is the typical 1-bedroom flat short-let rate in Lekki Phase 1, Lagos?
The median asking short-let rate for 1-bedroom flat listings in Lekki Phase 1, Lagos was ₦97.7K/night in October 2026, according to the Private Property Short-let Index.
What is the typical range for 1-bedroom flat short-let rates in Lekki Phase 1, Lagos?
Half of the listings counted in October 2026 asked between ₦87.2K and ₦136K/night.
Are 1-bedroom flat short-let rates in Lekki Phase 1, Lagos going up?
No. The median was down 10.6% on a year earlier: ₦97.7K/night in October 2026 against ₦109K/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-1/1-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