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Private Property Short-let Index · October 2026

2-bedroom property short-let rates in Nigeria

Median asking short-let rate for 2-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

₦154K/night

Typical: ₦132K–₦196K

Half of listings asked between these two figures.

On last month
On a year ago
▲ +9.6%
▼ -6.7%
Listings
Listings published
147
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 ₦155K/night ₦131K–₦196K ▲ +9.9% ▼ -6.7% 133

Month by month

MonthMedianTypical rangeListingsOn last month
October 2026 ₦154K/night ₦132K–₦196K 147 ▲ +9.6%
September 2026 ₦141K/night ₦131K–₦183K 91 Small sample ▼ -5.8%
August 2026 ₦149K/night ₦133K–₦185K 76 Small sample ▼ -2.3%
July 2026 ₦153K/night ₦132K–₦200K 85 Small sample ▼ -0.5%
June 2026 ₦154K/night ₦129K–₦198K 104 ▼ -0.5%
May 2026 ₦154K/night ₦131K–₦197K 108 ▲ +0.4%
April 2026 ₦154K/night ₦122K–₦199K 136 ▼ -1.8%
March 2026 ₦157K/night ₦130K–₦209K 142 ▼ -14.9%
February 2026 ₦184K/night ₦139K–₦250K 214 ▼ -1.1%
January 2026 ₦186K/night ₦144K–₦254K 261 ▲ +1.2%
December 2025 ₦184K/night ₦137K–₦245K 390 ▲ +11.2%
November 2025 ₦166K/night ₦132K–₦224K 440 ▲ +0.2%
October 2025 ₦165K/night ₦132K–₦216K 491 ▲ +3.5%
September 2025 ₦160K/night ₦131K–₦197K 416 ▲ +3.3%
August 2025 ₦155K/night ₦129K–₦191K 374 ▲ +3.5%
July 2025 ₦149K/night ₦120K–₦179K 273 ▼ -1.0%
June 2025 ₦151K/night ₦121K–₦184K 221 ▲ +0.2%
May 2025 ₦150K/night ₦118K–₦186K 256 ▼ -0.1%
April 2025 ₦151K/night ₦117K–₦187K 296 ▲ +7.1%
March 2025 ₦141K/night ₦107K–₦188K 349 ▼ -2.5%
February 2025 ₦144K/night ₦108K–₦197K 297 ▼ -3.0%
January 2025 ₦149K/night ₦110K–₦195K 296 ▲ +4.8%
December 2024 ₦142K/night ₦99.6K–₦192K 230 ▲ +3.2%
November 2024 ₦138K/night ₦99.4K–₦171K 274 ▲ +4.4%

Frequently asked

What is the typical 2-bedroom property short-let rate in Nigeria?
The median asking short-let rate for 2-bedroom property listings in Nigeria was ₦154K/night in October 2026, according to the Private Property Short-let Index.
What is the typical range for 2-bedroom property short-let rates in Nigeria?
Half of the listings counted in October 2026 asked between ₦132K and ₦196K/night.
Are 2-bedroom property short-let rates in Nigeria going up?
No. The median was down 6.7% on a year earlier: ₦154K/night in October 2026 against ₦165K/night in October 2025.
Cite this figure. Private Property Short-let Index, October 2026, Private Property Nigeria, https://privateproperty.ng/market-trends/short-let/2-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