What is the typical 3-bedroom property short-let rate in Lekki Phase 1, Lagos?

The median asking short-let rate for 3-bedroom property listings in Lekki Phase 1, Lagos was ₦208K/night in October 2026, according to the Private Property Short-let Index.

What is the typical range for 3-bedroom property short-let rates in Lekki Phase 1, Lagos?

Half of the listings counted in October 2026 asked between ₦180K and ₦253K/night.

Private Property Short-let Index · October 2026

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

Name: 3-bedroom property short-let rates in Lekki Phase 1, Lagos — Private Property Short-let Index
Creator: Private Property Nigeria
License: https://creativecommons.org/licenses/by/4.0/

Median asking short-let rate for 3-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

₦208K/night

Typical: ₦180K–₦253K

Half of listings asked between these two figures. Small sample

On last month
On a year ago: Not available; ▼ -2.4%
Listings
Listings published: 20; 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

All sizes ₦178K Small sample 1 bedroom ₦98.9K Small sample 2 bedrooms ₦170K Small sample 3 bedrooms ₦208K Small sample

Month by month

Month	Median	Typical range	Listings	On last month
October 2026	₦208K/night	₦180K–₦253K	20 Small sample	Not available
February 2026	₦331K/night	₦178K–₦399K	27 Small sample	▲ +15.8%
January 2026	₦286K/night	₦188K–₦383K	38 Small sample	▲ +20.1%
December 2025	₦238K/night	₦184K–₦344K	66 Small sample	▲ +6.3%
November 2025	₦224K/night	₦184K–₦261K	63 Small sample	▲ +5.0%
October 2025	₦213K/night	₦172K–₦248K	74 Small sample	▲ +8.3%
September 2025	₦197K/night	₦172K–₦239K	54 Small sample	▲ +5.4%
August 2025	₦187K/night	₦167K–₦228K	49 Small sample	▲ +0.4%
July 2025	₦186K/night	₦164K–₦223K	29 Small sample	▼ -0.6%
June 2025	₦187K/night	₦163K–₦226K	32 Small sample	▼ -3.2%
May 2025	₦194K/night	₦159K–₦228K	38 Small sample	▼ -4.2%
April 2025	₦202K/night	₦167K–₦239K	47 Small sample	▲ +4.4%
March 2025	₦194K/night	₦163K–₦239K	44 Small sample	▼ -15.0%
February 2025	₦228K/night	₦167K–₦281K	47 Small sample	▲ +4.1%
January 2025	₦219K/night	₦167K–₦289K	54 Small sample	▲ +6.5%
December 2024	₦205K/night	₦168K–₦278K	49 Small sample	▲ +11.9%
November 2024	₦183K/night	₦154K–₦207K	48 Small sample	▲ +10.6%
October 2024	₦166K/night	₦141K–₦189K	32 Small sample	▼ -0.3%
September 2024	₦166K/night	₦144K–₦194K	38 Small sample	▲ +2.6%
August 2024	₦162K/night	₦135K–₦188K	37 Small sample	▼ -1.8%
July 2024	₦165K/night	₦136K–₦194K	38 Small sample	▲ +2.9%
June 2024	₦161K/night	₦135K–₦190K	30 Small sample	Not available
March 2024	₦155K/night	₦135K–₦181K	22 Small sample	0.0%
February 2024	₦155K/night	₦136K–₦185K	22 Small sample	▲ +3.1%

See 3-bedroom property listings for short-let in Lekki Phase 1

Frequently asked

What is the typical 3-bedroom property short-let rate in Lekki Phase 1, Lagos?: The median asking short-let rate for 3-bedroom property listings in Lekki Phase 1, Lagos was ₦208K/night in October 2026, according to the Private Property Short-let Index.
What is the typical range for 3-bedroom property short-let rates in Lekki Phase 1, Lagos?: Half of the listings counted in October 2026 asked between ₦180K and ₦253K/night.
Are 3-bedroom property short-let rates in Lekki Phase 1, Lagos going up?: No. The median was down 2.4% on a year earlier: ₦208K/night in October 2026 against ₦213K/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-1/3-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