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Private Property Short-let Index · October 2026

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

Median asking short-let rate for 1-bedroom property 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

₦98.9K/night

Typical: ₦87.6K–₦138K

Half of listings asked between these two figures. Small sample

On last month
On a year ago
▲ +1.2%
▼ -9.2%
Listings
Listings published
23
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 ₦98.9K/night ₦87.6K–₦138K 23 Small sample ▲ +1.2%
September 2026 ₦97.7K/night ₦88.4K–₦128K 23 Small sample Not available
April 2026 ₦113K/night ₦90.3K–₦136K 23 Small sample Not available
February 2026 ₦117K/night ₦88.7K–₦161K 34 Small sample ▼ -2.0%
January 2026 ₦120K/night ₦90.8K–₦152K 44 Small sample ▼ -1.3%
December 2025 ₦121K/night ₦97.6K–₦151K 81 Small sample ▲ +4.3%
November 2025 ₦116K/night ₦90.2K–₦137K 112 ▲ +6.9%
October 2025 ₦109K/night ₦88.3K–₦137K 129 ▲ +3.6%
September 2025 ₦105K/night ₦84.1K–₦134K 98 Small sample ▼ -1.2%
August 2025 ₦106K/night ₦84.7K–₦134K 81 Small sample ▲ +8.0%
July 2025 ₦98.5K/night ₦81.1K–₦129K 48 Small sample ▲ +2.1%
June 2025 ₦96.6K/night ₦79.4K–₦118K 36 Small sample ▼ -9.5%
May 2025 ₦107K/night ₦89.7K–₦130K 33 Small sample ▲ +1.1%
April 2025 ₦106K/night ₦77.1K–₦129K 45 Small sample ▼ -3.6%
March 2025 ₦110K/night ₦86.8K–₦139K 41 Small sample ▲ +2.9%
February 2025 ₦106K/night ₦77.5K–₦140K 37 Small sample ▲ +6.7%
January 2025 ₦99.7K/night ₦84.9K–₦133K 37 Small sample ▲ +4.1%
December 2024 ₦95.9K/night ₦81.4K–₦121K 33 Small sample ▲ +0.5%
November 2024 ₦95.4K/night ₦82.9K–₦110K 46 Small sample ▲ +2.5%
October 2024 ₦93.1K/night ₦79.1K–₦113K 42 Small sample ▲ +0.6%
September 2024 ₦92.5K/night ₦75.2K–₦110K 37 Small sample ▲ +17.9%
August 2024 ₦78.5K/night ₦60.7K–₦96.6K 26 Small sample ▼ -10.4%
July 2024 ₦87.6K/night ₦69.2K–₦99.7K 21 Small sample Not available
January 2024 ₦78.5K/night ₦66.2K–₦93.1K 22 Small sample 0.0%

Frequently asked

What is the typical 1-bedroom property short-let rate in Lekki Phase 1, Lagos?
The median asking short-let rate for 1-bedroom property listings in Lekki Phase 1, Lagos was ₦98.9K/night in October 2026, according to the Private Property Short-let Index.
What is the typical range for 1-bedroom property short-let rates in Lekki Phase 1, Lagos?
Half of the listings counted in October 2026 asked between ₦87.6K and ₦138K/night.
Are 1-bedroom property short-let rates in Lekki Phase 1, Lagos going up?
No. The median was down 9.2% on a year earlier: ₦98.9K/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/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