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Private Property Short-let Index · October 2026

Flat short-let rates in Nigeria

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

Median short-let rate · October 2026

₦141K/night

Typical: ₦88.6K–₦201K

Half of listings asked between these two figures.

On last month
On a year ago
▲ +4.4%
▼ -6.9%
Listings
Listings published
379
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

All sizes ₦141K 1 bedroom ₦83.4K 2 bedrooms ₦155K 3 bedrooms ₦224K Small sample

Short-let rate across Nigeria, October 2026

State Median Typical range On last month On a year ago Listings
Lagos ₦144K/night ₦89.2K–₦202K ▲ +8.6% ▼ -4.9% 350
Abuja Small sample ₦136K/night ₦50K–₦178K ▼ -2.9% ▲ +2.1% 25

Month by month

MonthMedianTypical rangeListingsOn last month
October 2026 ₦141K/night ₦88.6K–₦201K 379 ▲ +4.4%
September 2026 ₦135K/night ₦88.2K–₦191K 236 ▼ -1.1%
August 2026 ₦136K/night ₦97.5K–₦198K 196 ▼ -8.1%
July 2026 ₦148K/night ₦108K–₦203K 196 ▼ -0.7%
June 2026 ₦150K/night ₦106K–₦202K 246 ▼ -1.1%
May 2026 ₦151K/night ₦106K–₦206K 263 ▲ +0.9%
April 2026 ₦150K/night ₦106K–₦208K 352 ▼ -2.6%
March 2026 ₦154K/night ₦107K–₦229K 326 ▼ -9.7%
February 2026 ₦170K/night ₦117K–₦271K 453 ▼ -6.4%
January 2026 ₦182K/night ₦119K–₦271K 539 ▲ +10.2%
December 2025 ₦165K/night ₦107K–₦245K 958 ▲ +7.6%
November 2025 ₦154K/night ₦100K–₦219K 1,125 ▲ +1.5%
October 2025 ₦151K/night ₦100K–₦205K 1,188 ▲ +2.7%
September 2025 ₦147K/night ₦99.4K–₦192K 925 ▲ +6.5%
August 2025 ₦138K/night ₦97.7K–₦186K 788 ▲ +2.3%
July 2025 ₦135K/night ₦96.1K–₦183K 615 ▼ -1.6%
June 2025 ₦137K/night ₦96.7K–₦187K 495 ▲ +1.0%
May 2025 ₦136K/night ₦95.5K–₦188K 584 ▼ -2.8%
April 2025 ₦140K/night ₦96K–₦191K 698 ▲ +3.6%
March 2025 ₦135K/night ₦90K–₦188K 795 ▼ -2.1%
February 2025 ₦138K/night ₦90.5K–₦198K 667 ▲ +2.8%
January 2025 ₦134K/night ₦88.5K–₦195K 618 ▼ -1.1%
December 2024 ₦136K/night ₦86.8K–₦200K 493 ▲ +4.8%
November 2024 ₦129K/night ₦85K–₦181K 526 ▲ +8.4%
See flat listings for short-let in Nigeria

Frequently asked

What is the typical flat short-let rate in Nigeria?
The median asking short-let rate for flat listings in Nigeria was ₦141K/night in October 2026, according to the Private Property Short-let Index.
What is the typical range for flat short-let rates in Nigeria?
Half of the listings counted in October 2026 asked between ₦88.6K and ₦201K/night.
Are flat short-let rates in Nigeria going up?
No. The median was down 6.9% on a year earlier: ₦141K/night in October 2026 against ₦151K/night in October 2025.
Cite this figure. Private Property Short-let Index, October 2026, Private Property Nigeria, https://privateproperty.ng/market-trends/short-let/flats-apartments
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