Skip to main content
Loading...

Private Property Short-let Index · October 2026

4-bedroom property short-let rates in Nigeria

Median asking short-let rate for 4-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

₦286K/night

Typical: ₦223K–₦343K

Half of listings asked between these two figures. Small sample

On last month
On a year ago
▲ +13.0%
▲ +22.0%
Listings
Listings published
41
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 ₦279K/night ₦222K–₦339K ▲ +15.8% ▲ +19.5% 40

Month by month

MonthMedianTypical rangeListingsOn last month
October 2026 ₦286K/night ₦223K–₦343K 41 Small sample ▲ +13.0%
September 2026 ₦253K/night ₦208K–₦315K 28 Small sample ▲ +2.5%
August 2026 ₦247K/night ₦220K–₦313K 21 Small sample Not available
May 2026 ₦213K/night ₦199K–₦276K 21 Small sample ▼ -2.4%
April 2026 ₦219K/night ₦195K–₦359K 30 Small sample ▼ -2.4%
March 2026 ₦224K/night ₦183K–₦358K 39 Small sample ▼ -25.4%
February 2026 ₦300K/night ₦207K–₦425K 63 Small sample ▲ +3.9%
January 2026 ₦289K/night ₦212K–₦404K 87 Small sample ▲ +6.1%
December 2025 ₦272K/night ₦208K–₦353K 126 ▲ +11.9%
November 2025 ₦243K/night ₦198K–₦314K 123 ▲ +3.8%
October 2025 ₦234K/night ₦197K–₦298K 140 ▼ -1.2%
September 2025 ₦237K/night ₦198K–₦289K 116 ▼ -2.0%
August 2025 ₦242K/night ₦200K–₦289K 109 ▼ -1.5%
July 2025 ₦245K/night ₦201K–₦294K 79 Small sample ▲ +2.8%
June 2025 ₦239K/night ₦194K–₦295K 74 Small sample ▲ +3.6%
May 2025 ₦230K/night ₦200K–₦297K 81 Small sample ▲ +1.6%
April 2025 ₦227K/night ₦195K–₦273K 98 Small sample ▼ -0.1%
March 2025 ₦227K/night ₦192K–₦278K 106 ▼ -8.3%
February 2025 ₦248K/night ₦196K–₦300K 100 ▼ -3.4%
January 2025 ₦256K/night ₦199K–₦304K 78 Small sample ▲ +5.9%
December 2024 ₦242K/night ₦182K–₦297K 75 Small sample ▲ +10.2%
November 2024 ₦220K/night ₦171K–₦271K 75 Small sample ▲ +17.6%
October 2024 ₦187K/night ₦140K–₦237K 87 Small sample ▼ -3.4%
September 2024 ₦194K/night ₦140K–₦237K 73 Small sample ▲ +3.3%

Frequently asked

What is the typical 4-bedroom property short-let rate in Nigeria?
The median asking short-let rate for 4-bedroom property listings in Nigeria was ₦286K/night in October 2026, according to the Private Property Short-let Index.
What is the typical range for 4-bedroom property short-let rates in Nigeria?
Half of the listings counted in October 2026 asked between ₦223K and ₦343K/night.
Are 4-bedroom property short-let rates in Nigeria going up?
Yes. The median was up 22.0% on a year earlier: ₦286K/night in October 2026 against ₦234K/night in October 2025.
Cite this figure. Private Property Short-let Index, October 2026, Private Property Nigeria, https://privateproperty.ng/market-trends/short-let/4-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