The former England international was highly complimentary of Manchester City’s start to the season, where they top the table by eight points.
But Lampard thinks that second-place Manchester United and Chelsea, in third, still have enough quality to take it all the way down to the wire.
Pep Guardiola’s City are eight points clear at the top of the table at this stage of the season, having won 14 and drawn the other of their 15 matches so far.
Local rivals Man United are their closest challengers, on 35 points to City’s 43, while Chelsea sit a further three points back in third.
Liverpool, Arsenal and Spurs make up the rest of the top six, though none of that trio have, as of yet, passed the 30-point mark.
“Manchester United are still there, and I think Chelsea will be the other main challengers,” he told talkSPORT.
“I think the others will struggle for the consistency to close the gap on a team who are playing so well in Manchester City.
“But we certainly can’t say it’s over at this stage, yet.
“What the other teams, other than City, need to do is try and stay in contention and hope for a blip with City.
“At the moment it’s not coming… but you have to stay in the game.”
We’ve seen in the last two games City are not going to have it all their own way – they’re going to come up against difficult games.
“They’ve shown grit – to be fair to them – this week to get two results, and Manchester United is a huge game for them as well.
“But for the neutral, obviously, we want to see it [the title race] stay alive, but for City they want to put one foot closer to being champions in December, which is an early call.”
City have left it late to win each of their last three games against Huddersfield, Southampton and West Ham.
And Lampard believes that those characteristics show that they will be a difficult team to overthrow.
United take on their fierce rivals in the first Manchester derby of the season on Sunday\ while Chelsea visit struggling West Ham