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Private Property Short-let Index · October 2026

3-bedroom flat short-let rates in Nigeria

Median asking short-let rate for 3-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

₦224K/night

Typical: ₦177K–₦298K

Half of listings asked between these two figures. Small sample

On last month
On a year ago
0.0%
▲ +9.7%
Listings
Listings published
77
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 ₦226K/night ₦178K–₦300K ▲ +2.1% ▲ +7.8% 72

Month by month

MonthMedianTypical rangeListingsOn last month
October 2026 ₦224K/night ₦177K–₦298K 77 Small sample 0.0%
September 2026 ₦224K/night ₦159K–₦276K 42 Small sample ▼ -3.6%
August 2026 ₦232K/night ₦173K–₦277K 33 Small sample ▲ +1.2%
July 2026 ₦230K/night ₦178K–₦272K 42 Small sample ▲ +10.3%
June 2026 ₦208K/night ₦176K–₦259K 56 Small sample ▼ -8.4%
May 2026 ₦227K/night ₦183K–₦288K 62 Small sample ▼ -4.1%
April 2026 ₦237K/night ₦169K–₦304K 78 Small sample ▼ -5.8%
March 2026 ₦252K/night ₦181K–₦321K 69 Small sample ▼ -11.3%
February 2026 ₦284K/night ₦184K–₦392K 105 ▲ +1.1%
January 2026 ₦281K/night ₦185K–₦353K 128 ▲ +21.4%
December 2025 ₦231K/night ₦169K–₦341K 224 ▲ +10.6%
November 2025 ₦209K/night ₦165K–₦293K 255 ▲ +2.5%
October 2025 ₦204K/night ₦162K–₦270K 250 ▲ +4.2%
September 2025 ₦196K/night ₦155K–₦247K 183 ▲ +5.1%
August 2025 ₦186K/night ₦152K–₦238K 145 ▲ +9.1%
July 2025 ₦171K/night ₦140K–₦228K 123 ▼ -5.7%
June 2025 ₦181K/night ₦141K–₦230K 115 ▼ -2.0%
May 2025 ₦185K/night ₦145K–₦236K 133 ▼ -0.3%
April 2025 ₦185K/night ₦151K–₦236K 181 ▲ +3.0%
March 2025 ₦180K/night ₦142K–₦226K 210 ▼ -2.8%
February 2025 ₦185K/night ₦150K–₦238K 186 ▼ -6.2%
January 2025 ₦197K/night ₦151K–₦268K 153 ▲ +0.7%
December 2024 ₦196K/night ₦150K–₦297K 116 ▲ +15.4%
November 2024 ₦170K/night ₦138K–₦233K 115 ▲ +8.4%

Frequently asked

What is the typical 3-bedroom flat short-let rate in Nigeria?
The median asking short-let rate for 3-bedroom flat listings in Nigeria was ₦224K/night in October 2026, according to the Private Property Short-let Index.
What is the typical range for 3-bedroom flat short-let rates in Nigeria?
Half of the listings counted in October 2026 asked between ₦177K and ₦298K/night.
Are 3-bedroom flat short-let rates in Nigeria going up?
Yes. The median was up 9.7% on a year earlier: ₦224K/night in October 2026 against ₦204K/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/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