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Private Property Short-let Index · October 2026

1-bedroom flat short-let rates in Nigeria

Median asking short-let rate for 1-bedroom 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

₦83.4K/night

Typical: ₦59.9K–₦119K

Half of listings asked between these two figures.

On last month
On a year ago
▼ -2.8%
▼ -12.7%
Listings
Listings published
157
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 ₦84.8K/night ₦61.2K–₦119K ▼ -1.6% ▼ -11.3% 145

Month by month

MonthMedianTypical rangeListingsOn last month
October 2026 ₦83.4K/night ₦59.9K–₦119K 157 ▼ -2.8%
September 2026 ₦85.8K/night ₦59.8K–₦109K 100 ▼ -10.0%
August 2026 ₦95.4K/night ₦70.6K–₦125K 82 Small sample ▼ -2.9%
July 2026 ₦98.2K/night ₦76.6K–₦130K 74 Small sample ▲ +3.8%
June 2026 ₦94.6K/night ₦68K–₦129K 93 Small sample ▲ +9.4%
May 2026 ₦86.5K/night ₦66.8K–₦128K 98 Small sample ▼ -4.8%
April 2026 ₦90.8K/night ₦68.4K–₦122K 132 ▼ -2.4%
March 2026 ₦93.1K/night ₦67.8K–₦121K 108 ▼ -6.7%
February 2026 ₦99.8K/night ₦70K–₦140K 133 ▲ +1.2%
January 2026 ₦98.6K/night ₦71K–₦140K 147 ▲ +2.3%
December 2025 ₦96.4K/night ₦69K–₦132K 313 ▲ +0.4%
November 2025 ₦96K/night ₦69.7K–₦129K 397 ▲ +0.4%
October 2025 ₦95.6K/night ₦69.9K–₦129K 439 ▼ -0.1%
September 2025 ₦95.7K/night ₦71.1K–₦122K 339 ▲ +4.0%
August 2025 ₦92K/night ₦69.5K–₦120K 285 ▲ +4.6%
July 2025 ₦87.9K/night ₦67.9K–₦115K 209 ▲ +1.6%
June 2025 ₦86.5K/night ₦65.8K–₦108K 154 ▲ +3.7%
May 2025 ₦83.4K/night ₦60.9K–₦109K 189 ▼ -4.1%
April 2025 ₦86.9K/night ₦65.6K–₦110K 213 ▲ +8.7%
March 2025 ₦80K/night ₦59.6K–₦106K 236 ▼ -0.6%
February 2025 ₦80.4K/night ₦59.6K–₦106K 188 0.0%
January 2025 ₦80.4K/night ₦54K–₦100K 186 ▼ -1.2%
December 2024 ₦81.4K/night ₦50.6K–₦107K 148 ▲ +1.5%
November 2024 ₦80.2K/night ₦50.2K–₦99.8K 164 ▲ +6.8%

Frequently asked

What is the typical 1-bedroom flat short-let rate in Nigeria?
The median asking short-let rate for 1-bedroom flat listings in Nigeria was ₦83.4K/night in October 2026, according to the Private Property Short-let Index.
What is the typical range for 1-bedroom flat short-let rates in Nigeria?
Half of the listings counted in October 2026 asked between ₦59.9K and ₦119K/night.
Are 1-bedroom flat short-let rates in Nigeria going up?
No. The median was down 12.7% on a year earlier: ₦83.4K/night in October 2026 against ₦95.6K/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/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