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Private Property Short-let Index · October 2026

2-bedroom flat short-let rates in Nigeria

Median asking short-let rate for 2-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

₦155K/night

Typical: ₦132K–₦199K

Half of listings asked between these two figures.

On last month
On a year ago
▲ +9.7%
▼ -3.6%
Listings
Listings published
131
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 ₦132K–₦199K ▲ +10.3% ▼ -4.2% 119

Month by month

MonthMedianTypical rangeListingsOn last month
October 2026 ₦155K/night ₦132K–₦199K 131 ▲ +9.7%
September 2026 ₦141K/night ₦131K–₦184K 82 Small sample ▼ -5.3%
August 2026 ₦149K/night ₦133K–₦183K 70 Small sample ▼ -3.3%
July 2026 ₦154K/night ₦133K–₦200K 74 Small sample ▼ -0.6%
June 2026 ₦155K/night ₦131K–₦199K 92 Small sample ▼ -2.0%
May 2026 ₦158K/night ₦133K–₦199K 96 Small sample ▲ +2.2%
April 2026 ₦155K/night ₦125K–₦201K 130 ▼ -2.3%
March 2026 ₦158K/night ₦133K–₦209K 134 ▼ -12.7%
February 2026 ₦181K/night ₦140K–₦247K 191 ▼ -2.0%
January 2026 ₦185K/night ₦145K–₦253K 231 ▲ +2.0%
December 2025 ₦181K/night ₦133K–₦243K 350 ▲ +11.9%
November 2025 ₦162K/night ₦130K–₦216K 396 ▲ +1.0%
October 2025 ₦160K/night ₦130K–₦205K 418 ▲ +4.2%
September 2025 ₦154K/night ₦129K–₦191K 350 ▲ +1.5%
August 2025 ₦152K/night ₦122K–₦186K 315 ▲ +5.9%
July 2025 ₦143K/night ₦119K–₦171K 242 ▼ -4.0%
June 2025 ₦149K/night ₦120K–₦181K 192 ▲ +0.5%
May 2025 ₦148K/night ₦118K–₦184K 219 ▼ -0.1%
April 2025 ₦149K/night ₦110K–₦183K 254 ▲ +10.0%
March 2025 ₦135K/night ₦99.7K–₦182K 292 ▼ -0.8%
February 2025 ₦136K/night ₦105K–₦183K 243 ▼ -1.5%
January 2025 ₦138K/night ₦106K–₦185K 249 ▼ -0.8%
December 2024 ₦139K/night ₦98.5K–₦189K 197 ▲ +1.8%
November 2024 ₦137K/night ₦98.4K–₦170K 219 ▲ +3.8%

Frequently asked

What is the typical 2-bedroom flat short-let rate in Nigeria?
The median asking short-let rate for 2-bedroom flat listings in Nigeria was ₦155K/night in October 2026, according to the Private Property Short-let Index.
What is the typical range for 2-bedroom flat short-let rates in Nigeria?
Half of the listings counted in October 2026 asked between ₦132K and ₦199K/night.
Are 2-bedroom flat short-let rates in Nigeria going up?
No. The median was down 3.6% on a year earlier: ₦155K/night in October 2026 against ₦160K/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/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