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Private Property Short-let Index · October 2026

3-bedroom property short-let rates in Nigeria

Median asking short-let rate for 3-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

₦230K/night

Typical: ₦182K–₦317K

Half of listings asked between these two figures. Small sample

On last month
On a year ago
▲ +2.9%
▲ +14.5%
Listings
Listings published
95
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 Small sample ₦231K/night ₦184K–₦323K ▲ +3.3% ▲ +14.5% 88

Month by month

MonthMedianTypical rangeListingsOn last month
October 2026 ₦230K/night ₦182K–₦317K 95 Small sample ▲ +2.9%
September 2026 ₦224K/night ₦158K–₦286K 48 Small sample ▼ -1.6%
August 2026 ₦228K/night ₦169K–₦274K 39 Small sample ▲ +0.4%
July 2026 ₦227K/night ₦177K–₦276K 49 Small sample ▲ +6.3%
June 2026 ₦213K/night ₦174K–₦261K 63 Small sample ▼ -6.1%
May 2026 ₦227K/night ₦183K–₦289K 73 Small sample ▼ -0.7%
April 2026 ₦229K/night ₦169K–₦299K 91 Small sample ▼ -5.1%
March 2026 ₦241K/night ₦171K–₦305K 86 Small sample ▼ -11.5%
February 2026 ₦272K/night ₦168K–₦380K 129 ▲ +8.9%
January 2026 ₦250K/night ₦176K–₦352K 168 ▲ +11.0%
December 2025 ₦225K/night ₦168K–₦342K 284 ▲ +9.8%
November 2025 ₦205K/night ₦165K–₦292K 314 ▲ +1.9%
October 2025 ₦201K/night ₦163K–₦269K 315 ▲ +4.0%
September 2025 ₦194K/night ₦156K–₦245K 235 ▲ +2.9%
August 2025 ₦188K/night ₦154K–₦238K 198 ▲ +4.4%
July 2025 ₦180K/night ₦143K–₦230K 163 ▼ -0.9%
June 2025 ₦182K/night ₦140K–₦231K 148 ▼ -0.3%
May 2025 ₦182K/night ₦140K–₦232K 162 ▼ -0.3%
April 2025 ₦183K/night ₦149K–₦235K 220 ▲ +1.7%
March 2025 ₦180K/night ₦144K–₦228K 266 ▼ -3.5%
February 2025 ₦186K/night ₦150K–₦246K 260 ▼ -2.7%
January 2025 ₦192K/night ₦150K–₦264K 219 ▲ +1.9%
December 2024 ₦188K/night ₦148K–₦278K 174 ▲ +10.2%
November 2024 ₦171K/night ₦138K–₦208K 170 ▲ +4.4%

Frequently asked

What is the typical 3-bedroom property short-let rate in Nigeria?
The median asking short-let rate for 3-bedroom property listings in Nigeria was ₦230K/night in October 2026, according to the Private Property Short-let Index.
What is the typical range for 3-bedroom property short-let rates in Nigeria?
Half of the listings counted in October 2026 asked between ₦182K and ₦317K/night.
Are 3-bedroom property short-let rates in Nigeria going up?
Yes. The median was up 14.5% on a year earlier: ₦230K/night in October 2026 against ₦201K/night in October 2025.
Cite this figure. Private Property Short-let Index, October 2026, Private Property Nigeria, https://privateproperty.ng/market-trends/short-let/3-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