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Private Property Short-let Index · October 2026

Property short-let rates in Lekki, Lagos

Median asking short-let rate for property 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

₦155K/night

Typical: ₦106K–₦207K

Half of listings asked between these two figures.

On last month
On a year ago
▲ +14.2%
▼ -4.6%
Listings
Listings published
205
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 ₦178K/night ₦135K–₦237K ▲ +23.5% ▼ -2.2% 99
Ikate Elegushi Small sample ₦134K/night ₦90.1K–₦200K ▲ +2.5% ▼ -16.2% 38

Month by month

MonthMedianTypical rangeListingsOn last month
October 2026 ₦155K/night ₦106K–₦207K 205 ▲ +14.2%
September 2026 ₦135K/night ₦97.3K–₦192K 128 ▲ +1.6%
August 2026 ₦133K/night ₦99.9K–₦185K 86 Small sample ▼ -11.1%
July 2026 ₦150K/night ₦119K–₦201K 108 ▼ -2.3%
June 2026 ₦153K/night ₦118K–₦202K 129 ▼ -1.3%
May 2026 ₦155K/night ₦125K–₦205K 154 ▲ +2.1%
April 2026 ₦152K/night ₦118K–₦202K 180 ▼ -2.9%
March 2026 ₦157K/night ₦117K–₦208K 165 ▼ -17.0%
February 2026 ₦189K/night ₦125K–₦275K 262 ▼ -5.5%
January 2026 ₦200K/night ₦150K–₦280K 335 ▲ +5.9%
December 2025 ₦189K/night ₦137K–₦254K 567 ▲ +13.6%
November 2025 ₦166K/night ₦120K–₦225K 653 ▲ +2.5%
October 2025 ₦162K/night ₦118K–₦214K 777 ▲ +4.2%
September 2025 ₦156K/night ₦116K–₦202K 627 ▼ -0.3%
August 2025 ₦156K/night ₦118K–₦200K 554 ▲ +3.2%
July 2025 ₦151K/night ₦116K–₦198K 349 ▼ -2.1%
June 2025 ₦154K/night ₦116K–₦202K 303 ▼ -0.5%
May 2025 ₦155K/night ₦117K–₦204K 326 ▼ -2.4%
April 2025 ₦159K/night ₦117K–₦204K 416 ▼ -1.8%
March 2025 ₦162K/night ₦120K–₦208K 427 ▼ -2.8%
February 2025 ₦166K/night ₦128K–₦233K 404 ▼ -1.6%
January 2025 ₦169K/night ₦122K–₦237K 383 ▲ +3.1%
December 2024 ₦164K/night ₦118K–₦233K 325 ▲ +8.8%
November 2024 ₦151K/night ₦108K–₦196K 382 ▲ +8.9%

Frequently asked

What is the typical property short-let rate in Lekki, Lagos?
The median asking short-let rate for property listings in Lekki, Lagos was ₦155K/night in October 2026, according to the Private Property Short-let Index.
What is the typical range for property short-let rates in Lekki, Lagos?
Half of the listings counted in October 2026 asked between ₦106K and ₦207K/night.
Are property short-let rates in Lekki, Lagos going up?
No. The median was down 4.6% on a year earlier: ₦155K/night in October 2026 against ₦162K/night in October 2025.
Cite this figure. Private Property Short-let Index, October 2026, Private Property Nigeria, https://privateproperty.ng/market-trends/short-let/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