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Private Property Short-let Index · October 2026

Property short-let rates in Nigeria

Median asking short-let rate for property listings in Nigeria, from the listings first published on Private Property in the three months to each month.

Median short-let rate · October 2026

₦155K/night

Typical: ₦97.9K–₦227K

Half of listings asked between these two figures.

On last month
On a year ago
▲ +11.7%
▼ -2.7%
Listings
Listings published
456
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 Nigeria by size, October 2026

Short-let rate across Nigeria, October 2026

State Median Typical range On last month On a year ago Listings
Lagos ₦157K/night ₦98.2K–₦228K ▲ +13.7% ▼ -1.5% 421
Abuja Small sample ₦138K/night ₦50.6K–₦205K ▼ -7.4% ▼ -1.0% 28

Month by month

MonthMedianTypical rangeListingsOn last month
October 2026 ₦155K/night ₦97.9K–₦227K 456 ▲ +11.7%
September 2026 ₦139K/night ₦95.5K–₦202K 277 ▼ -0.6%
August 2026 ₦140K/night ₦100K–₦205K 224 ▼ -7.1%
July 2026 ₦150K/night ₦108K–₦207K 235 ▼ -0.7%
June 2026 ₦151K/night ₦105K–₦205K 289 ▼ -1.2%
May 2026 ₦153K/night ₦107K–₦212K 314 ▲ +0.1%
April 2026 ₦153K/night ₦108K–₦222K 402 ▼ -4.3%
March 2026 ₦160K/night ₦110K–₦236K 385 ▼ -14.1%
February 2026 ₦186K/night ₦120K–₦288K 555 ▼ -2.2%
January 2026 ₦191K/night ₦131K–₦291K 680 ▲ +4.8%
December 2025 ₦182K/night ₦119K–₦261K 1,154 ▲ +12.3%
November 2025 ₦162K/night ₦109K–₦229K 1,312 ▲ +1.7%
October 2025 ₦159K/night ₦109K–₦222K 1,437 ▲ +3.4%
September 2025 ₦154K/night ₦109K–₦206K 1,142 ▲ +1.1%
August 2025 ₦153K/night ₦107K–₦203K 1,002 ▲ +3.0%
July 2025 ₦148K/night ₦99K–₦199K 752 ▼ -1.6%
June 2025 ₦151K/night ₦99.8K–₦204K 618 ▲ +1.0%
May 2025 ₦149K/night ₦97.4K–₦203K 715 ▼ -1.5%
April 2025 ₦151K/night ₦98.2K–₦205K 849 ▲ +1.3%
March 2025 ₦149K/night ₦96.6K–₦204K 988 ▼ -3.1%
February 2025 ₦154K/night ₦98.6K–₦223K 866 ▲ +1.7%
January 2025 ₦152K/night ₦97.4K–₦223K 807 ▲ +0.4%
December 2024 ₦151K/night ₦96.6K–₦225K 653 ▲ +10.2%
November 2024 ₦137K/night ₦91.8K–₦193K 737 ▲ +4.6%

Frequently asked

What is the typical property short-let rate in Nigeria?
The median asking short-let rate for property listings in Nigeria was ₦155K/night in October 2026, according to the Private Property Short-let Index.
What is the typical range for property short-let rates in Nigeria?
Half of the listings counted in October 2026 asked between ₦97.9K and ₦227K/night.
Are property short-let rates in Nigeria going up?
No. The median was down 2.7% on a year earlier: ₦155K/night in October 2026 against ₦159K/night in October 2025.
Cite this figure. Private Property Short-let Index, October 2026, Private Property Nigeria, https://privateproperty.ng/market-trends/short-let
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