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Private Property Short-let Index · October 2026

1-bedroom property short-let rates in Nigeria

Median asking short-let rate for 1-bedroom 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

₦84.8K/night

Typical: ₦60.2K–₦122K

Half of listings asked between these two figures.

On last month
On a year ago
▼ -2.5%
▼ -12.2%
Listings
Listings published
161
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 ₦86.2K/night ₦62.2K–₦122K ▼ -0.9% ▼ -10.8% 149

Month by month

MonthMedianTypical rangeListingsOn last month
October 2026 ₦84.8K/night ₦60.2K–₦122K 161 ▼ -2.5%
September 2026 ₦87K/night ₦60.2K–₦118K 104 ▼ -9.1%
August 2026 ₦95.7K/night ₦75.7K–₦126K 85 Small sample ▼ -2.1%
July 2026 ₦97.7K/night ₦75.7K–₦129K 81 Small sample ▲ +2.5%
June 2026 ₦95.4K/night ₦67.8K–₦129K 100 ▲ +8.9%
May 2026 ₦87.6K/night ₦66.8K–₦128K 106 ▼ -5.9%
April 2026 ₦93.1K/night ₦68.8K–₦126K 138 ▼ -1.2%
March 2026 ₦94.2K/night ₦68.4K–₦122K 113 ▼ -5.9%
February 2026 ₦100K/night ₦70.8K–₦149K 138 ▲ +1.1%
January 2026 ₦99.1K/night ₦75.2K–₦148K 152 ▲ +2.2%
December 2025 ₦97K/night ₦69.2K–₦134K 326 ▲ +0.6%
November 2025 ₦96.4K/night ₦69.9K–₦131K 411 ▼ -0.1%
October 2025 ₦96.5K/night ₦70.4K–₦130K 465 ▲ +0.3%
September 2025 ₦96.2K/night ₦74.8K–₦122K 362 ▲ +1.8%
August 2025 ₦94.5K/night ₦69.9K–₦121K 308 ▲ +7.2%
July 2025 ₦88.2K/night ₦67K–₦116K 220 ▲ +0.8%
June 2025 ₦87.5K/night ₦66.4K–₦109K 161 ▲ +4.0%
May 2025 ₦84.1K/night ₦60.8K–₦108K 200 ▼ -3.2%
April 2025 ₦86.9K/night ₦65.6K–₦109K 225 ▲ +7.6%
March 2025 ₦80.8K/night ₦60.1K–₦106K 252 ▼ -0.1%
February 2025 ₦80.9K/night ₦60K–₦106K 196 0.0%
January 2025 ₦80.9K/night ₦54.8K–₦101K 194 ▼ -0.7%
December 2024 ₦81.4K/night ₦50.6K–₦108K 152 ▲ +0.1%
November 2024 ₦81.3K/night ₦54.7K–₦99.9K 196 ▲ +3.3%

Frequently asked

What is the typical 1-bedroom property short-let rate in Nigeria?
The median asking short-let rate for 1-bedroom property listings in Nigeria was ₦84.8K/night in October 2026, according to the Private Property Short-let Index.
What is the typical range for 1-bedroom property short-let rates in Nigeria?
Half of the listings counted in October 2026 asked between ₦60.2K and ₦122K/night.
Are 1-bedroom property short-let rates in Nigeria going up?
No. The median was down 12.2% on a year earlier: ₦84.8K/night in October 2026 against ₦96.5K/night in October 2025.
Cite this figure. Private Property Short-let Index, October 2026, Private Property Nigeria, https://privateproperty.ng/market-trends/short-let/1-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