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Private Property Short-let Index · October 2026

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

Median asking short-let rate for 2-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

₦170K/night

Typical: ₦149K–₦203K

Half of listings asked between these two figures. Small sample

On last month
On a year ago
▲ +10.3%
▼ -14.5%
Listings
Listings published
44
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 ₦149K–₦203K 44 Small sample ▲ +10.3%
September 2026 ₦154K/night ₦138K–₦201K 26 Small sample ▼ -8.0%
August 2026 ₦167K/night ₦139K–₦204K 21 Small sample ▼ -18.3%
July 2026 ₦205K/night ₦161K–₦237K 23 Small sample ▲ +7.5%
June 2026 ₦190K/night ₦151K–₦216K 29 Small sample ▲ +1.8%
May 2026 ₦187K/night ₦151K–₦207K 30 Small sample ▲ +9.2%
April 2026 ₦171K/night ₦131K–₦201K 34 Small sample ▼ -9.3%
March 2026 ₦189K/night ₦144K–₦231K 34 Small sample ▼ -14.7%
February 2026 ₦221K/night ₦162K–₦258K 55 Small sample ▼ -4.8%
January 2026 ₦232K/night ₦168K–₦260K 75 Small sample ▲ +1.2%
December 2025 ₦230K/night ₦184K–₦255K 112 ▲ +13.2%
November 2025 ₦203K/night ₦162K–₦240K 138 ▲ +2.3%
October 2025 ₦198K/night ₦159K–₦236K 158 ▲ +7.3%
September 2025 ₦185K/night ₦152K–₦228K 131 ▲ +6.1%
August 2025 ₦174K/night ₦148K–₦221K 122 ▲ +4.7%
July 2025 ₦166K/night ₦138K–₦205K 71 Small sample ▼ -2.3%
June 2025 ₦170K/night ₦146K–₦205K 63 Small sample ▼ -7.9%
May 2025 ₦185K/night ₦153K–₦221K 67 Small sample ▲ +1.5%
April 2025 ₦182K/night ₦154K–₦221K 90 Small sample ▼ -2.0%
March 2025 ₦186K/night ₦155K–₦234K 90 Small sample ▲ +3.3%
February 2025 ₦180K/night ₦149K–₦233K 80 Small sample ▼ -3.2%
January 2025 ₦186K/night ₦149K–₦231K 86 Small sample ▲ +7.2%
December 2024 ₦173K/night ₦135K–₦204K 65 Small sample ▲ +10.0%
November 2024 ₦158K/night ₦132K–₦196K 87 Small sample ▲ +5.3%

Frequently asked

What is the typical 2-bedroom property short-let rate in Lekki Phase 1, Lagos?
The median asking short-let rate for 2-bedroom property 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 property short-let rates in Lekki Phase 1, Lagos?
Half of the listings counted in October 2026 asked between ₦149K and ₦203K/night.
Are 2-bedroom property short-let rates in Lekki Phase 1, Lagos going up?
No. The median was down 14.5% on a year earlier: ₦170K/night in October 2026 against ₦198K/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-1/2-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