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Private Property Short-let Index · October 2026

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

Median asking short-let rate for 2-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

₦170K/night

Typical: ₦146K–₦204K

Half of listings asked between these two figures. Small sample

On last month
On a year ago
▲ +10.9%
▼ -11.6%
Listings
Listings published
39
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 ₦170K/night ₦146K–₦204K 39 Small sample ▲ +10.9%
September 2026 ₦153K/night ₦136K–₦201K 24 Small sample Not available
July 2026 ₦204K/night ₦155K–₦235K 20 Small sample ▲ +6.4%
June 2026 ₦192K/night ₦152K–₦219K 24 Small sample ▲ +1.6%
May 2026 ₦189K/night ₦152K–₦207K 26 Small sample ▲ +4.4%
April 2026 ₦181K/night ₦130K–₦204K 31 Small sample ▼ -4.2%
March 2026 ₦189K/night ₦144K–₦231K 34 Small sample ▼ -13.6%
February 2026 ₦219K/night ₦157K–₦255K 50 Small sample ▼ -6.1%
January 2026 ₦233K/night ₦167K–₦260K 66 Small sample ▲ +1.4%
December 2025 ₦230K/night ₦181K–₦255K 96 Small sample ▲ +15.3%
November 2025 ₦199K/night ₦155K–₦241K 116 ▲ +3.4%
October 2025 ₦193K/night ₦153K–₦234K 125 ▲ +12.7%
September 2025 ₦171K/night ₦148K–₦222K 101 ▲ +2.5%
August 2025 ₦167K/night ₦134K–₦207K 98 Small sample ▲ +1.9%
July 2025 ₦164K/night ₦134K–₦201K 63 Small sample ▲ +0.3%
June 2025 ₦163K/night ₦139K–₦200K 54 Small sample ▼ -10.0%
May 2025 ₦181K/night ₦151K–₦224K 54 Small sample ▲ +2.1%
April 2025 ₦178K/night ₦152K–₦225K 75 Small sample ▼ -2.2%
March 2025 ₦182K/night ₦151K–₦230K 70 Small sample ▲ +8.6%
February 2025 ₦167K/night ₦138K–₦220K 63 Small sample ▼ -2.4%
January 2025 ₦171K/night ₦137K–₦205K 70 Small sample ▲ +5.0%
December 2024 ₦163K/night ₦129K–₦201K 58 Small sample ▲ +6.0%
November 2024 ₦154K/night ₦120K–₦193K 68 Small sample ▲ +9.2%
October 2024 ₦141K/night ₦122K–₦169K 44 Small sample ▲ +1.0%

Frequently asked

What is the typical 2-bedroom flat short-let rate in Lekki Phase 1, Lagos?
The median asking short-let rate for 2-bedroom flat listings in Lekki Phase 1, Lagos was ₦170K/night in October 2026, according to the Private Property Short-let Index.
What is the typical range for 2-bedroom flat short-let rates in Lekki Phase 1, Lagos?
Half of the listings counted in October 2026 asked between ₦146K and ₦204K/night.
Are 2-bedroom flat short-let rates in Lekki Phase 1, Lagos going up?
No. The median was down 11.6% on a year earlier: ₦170K/night in October 2026 against ₦193K/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-1/2-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