LLagos.CoolToday
IslandUpper-midLGA: Eti-Osa👥 250,000

Rent for Lekki Phase 1

Dem dey call am "Small London"
2-bed rent for one year
₦5.0M–12.0M
/yr
Rental yield
5–8%
YoY change
▲ 16%

Rent by property type

Property typeRent rangeService charge
Self-contain₦1.5M–2.5M₦200.0K–500.0K
1-bedroom₦3.0M–5.0M₦300.0K–800.0K
2-bedroom₦5.0M–12.0M₦500.0K–1.5M
3-bedroom₦8.0M–18.0M₦800.0K–2.0M
4-bedroom₦12.0M–25.0M₦1.0M–2.5M
Duplex₦15.0M–40.0M₦1.5M–3.0M

Area profile

Power bandA
Service charge / yr
Location6.4470, 3.4740
InternetGood
TrafficHeavy
Flood riskModerate
Noise levelModerate

Estimated monthly costs

Rent (per month)
₦708,333
Light (NEPA + supplement)
₦153,325
Total per month
₦861,658
Lagos.Cool Editorial
4 June 2026 · 2 min read

About Lekki Phase 1

Lekki Phase 1 na Lagos aspirational sweet spot — expensive enough to feel exclusive (₦5M–₦12M for 2-bed), but affordable enough wey senior tech worker or mid-level oil company executive fit pay. Na here Lagos upwardly mobile class dey land when dem outgrow Yaba but no fit afford Ikoyi yet. Infrastructure better pass most of Lagos: paved road, functional drainage, estate with 24-hour security. Power supply na Band A for many feeder, mean 20+ hours NEPA. Di trade-off na traffic. Lekki-Epe Expressway na di only road wey connect di peninsula to rest of Lagos, and for rush hour e become parking lot. Commute go Ikeja fit take 2-3 hours. Flooding na growing concern for rainy season. Service charge for Lekki estate range from ₦500K to ₦2.5M per year on top of rent.

Pros

  • Band A power — 20+ hours NEPA in many areas
  • Modern infrastructure — paved roads, drainage, street lights
  • Entertainment hub — malls, beaches, restaurants, nightlife
  • Gated estates with 24-hour security
  • Strong school cluster — Charterhouse, Greensprings, Lekki British
  • Growing property values — strong investment returns

Cons

  • Heavy traffic on Lekki-Epe Expressway — sole artery to mainland
  • Service charges ₦500K–₦2.5M/yr on top of rent
  • Flood risk during rainy season
  • Far from mainland jobs — 2-3 hour commute to Ikeja
  • Toll gate adds cost and congestion
  • Water is brackish — borehole needs reverse osmosis

🌆 Lifestyle

Lekki Phase 1 offer cosmopolitan lifestyle wey mix luxury living with vibrant entertainment. Palms Shopping Mall na di commercial centre, while Admiralty Way full with restaurant, lounge, and cafe. Weekend na Landmark Beach, brunch spot, and nightlife strip wey make Lekki na Lagos entertainment capital for night. Gated estate give security away from main road. Di area attract young professional, tech worker, and expat.

Lifestyle & Amenities

🛒 Shopping

  • The Palms Shopping Mall
  • Lekki Mall
  • Circle Mall
  • Lennox Mall
  • Prince Ebeano Supermarket
  • Hubmart Stores
  • NY Supermarket

🏥 Hospital

  • Evercare Hospital Lekki
  • St Nicholas Hospital Lekki
  • Reddington Hospital
  • Vedic Lifecare Hospital

🍽️ Restaurant

  • The Yellow Chilli
  • Hard Rock Cafe
  • Bungalow Restaurant
  • Sky Restaurant & Lounge
  • Izanagi Japanese
  • Southern Sun Hotel Restaurant

🌙 Nightlife

  • 34.26 Lounge
  • THE BLVD
  • The Side Bar
  • 30yard Lounge
  • Atmosphere Lounge
  • Bay Rock Lounge

🏖️ Beach

  • Landmark Beach
  • Elegushi Royal Beach (nearby)
  • Oniru Beach (nearby)

🌳 Park

  • Lekki Conservation Centre
  • Freedom Park (nearby)

🛣️ Key streets

  • Admiralty Way
  • Admiralty Road
  • Freedom Way
  • Fola Osibo Street
  • Bisola Durosinmi-Etti Drive
  • Omorinre Johnson Street

📍 Landmark

  • Lekki Toll Gate
  • The Palms Shopping Mall
  • Filmhouse IMAX Cinema
  • Landmark Beach
  • Lekki Conservation Centre
  • Circle Mall

🏘️ Notable estates

  • Meadow Hall Estate
  • Pinnacle Estate
  • Lekki Gardens
  • ABC Gardens
  • Chevron Estate

Good for

Young professionalsExpatsCouplesFamilies with school-age children

📜 History

Lekki Phase 1 start from Maroko, one crowded settlement wey military government demolish for July 1990 to build better area. Di transformation turn am to one of Lagos most prestigious neighborhood, dem call am "Small London" because of im modern infrastructure.

Nearby neighborhood

Schools near here

Charterhouse Lagos
BRITISH · day-boarding
₦16.5M–31.5M
Lekki British School
BRITISH · day-boarding
₦3.0M–6.8M
Meadow Hall
BRITISH · day
₦2.8M–3.2M
Dowen College
HYBRID · day-boarding
₦1.8M–2.2M
Whitesands School
BRITISH · day
₦1.2M–1.8M

Transport & CommuteLekki Phase 1

Water in Lekki Phase 1

So-soMixedBorehole: viable

Deeper drilling needed. RO recommended for drinking.

⚽ Sports

Viewing centers in Lekki Phase 1

Where to watch the Premier League and Champions League nearby.

See viewing centers →
🏋 Facilities

Gyms & pitches in Lekki Phase 1

Sports facilities — pricing per hour / month.

See facilities →

Areas wey resemble

FAQ

2-bedroom for Lekki Phase 1 dey cost ₦5,000,000 to ₦12,000,000 for one year, depending on the building and how close to main road. Dem dey pay rent for full year one time.