What is the typical flat short-let rate in Lagos?

The median asking short-let rate for flat listings in Lagos was ₦144K/night in October 2026, according to the Private Property Short-let Index.

What is the typical range for flat short-let rates in Lagos?

Half of the listings counted in October 2026 asked between ₦89.2K and ₦202K/night.

Are flat short-let rates in Lagos going up?

No. The median was down 4.9% on a year earlier: ₦144K/night in October 2026 against ₦152K/night in October 2025.

Private Property Short-let Index · October 2026

Flat short-let rates in Lagos

Name: Flat short-let rates in Lagos — Private Property Short-let Index
Creator: Private Property Nigeria
License: https://creativecommons.org/licenses/by/4.0/

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

Median short-let rate · October 2026

₦144K/night

Typical: ₦89.2K–₦202K

Half of listings asked between these two figures.

On last month
On a year ago: ▲ +8.6%; ▼ -4.9%
Listings
Listings published: 350; 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 Lagos by size, October 2026

All sizes ₦144K 1 bedroom ₦84.8K 2 bedrooms ₦155K 3 bedrooms ₦226K Small sample

Short-let rate across Lagos, October 2026

City / LGA	Median	Typical range	On last month	On a year ago	Listings
Lekki	₦139K/night	₦94.2K–₦192K	▲ +5.9%	▼ -9.1%	168
Ikeja Small sample	₦151K/night	₦83.9K–₦230K	▼ -0.2%	▲ +9.2%	55
Victoria Island Small sample	₦188K/night	₦139K–₦288K	Not available	▼ -3.7%	39
Ikoyi Small sample	₦219K/night	₦152K–₦345K	Not available	▼ -11.2%	32

Month by month

Month	Median	Typical range	Listings	On last month
October 2026	₦144K/night	₦89.2K–₦202K	350	▲ +8.6%
September 2026	₦133K/night	₦88K–₦190K	206	▼ -2.0%
August 2026	₦136K/night	₦96.7K–₦197K	158	▼ -6.0%
July 2026	₦144K/night	₦105K–₦201K	159	▼ -3.8%
June 2026	₦150K/night	₦105K–₦201K	211	▼ -0.6%
May 2026	₦151K/night	₦101K–₦205K	241	▲ +0.4%
April 2026	₦150K/night	₦108K–₦209K	307	▼ -4.3%
March 2026	₦157K/night	₦110K–₦238K	268	▼ -16.8%
February 2026	₦189K/night	₦120K–₦285K	376	▲ +0.3%
January 2026	₦188K/night	₦129K–₦286K	477	▲ +12.3%
December 2025	₦168K/night	₦110K–₦248K	909	▲ +8.7%
November 2025	₦154K/night	₦102K–₦220K	1,075	▲ +1.6%
October 2025	₦152K/night	₦100K–₦206K	1,125	▲ +2.3%
September 2025	₦148K/night	₦99.6K–₦192K	819	▲ +6.9%
August 2025	₦139K/night	₦98K–₦186K	692	▲ +2.2%
July 2025	₦136K/night	₦96K–₦184K	522	▼ -2.6%
June 2025	₦140K/night	₦97.5K–₦190K	433	▲ +0.5%
May 2025	₦139K/night	₦96.4K–₦192K	515	▼ -4.9%
April 2025	₦146K/night	₦97K–₦195K	641	▲ +6.1%
March 2025	₦138K/night	₦92.6K–₦190K	729	▼ -2.7%
February 2025	₦141K/night	₦95.6K–₦203K	609	▲ +2.1%
January 2025	₦139K/night	₦90.5K–₦200K	558	▲ +0.5%
December 2024	₦138K/night	₦87.7K–₦203K	451	▲ +5.7%
November 2024	₦130K/night	₦85.7K–₦183K	489	▲ +8.0%

See flat listings for short-let in Lagos

Frequently asked

What is the typical flat short-let rate in Lagos?: The median asking short-let rate for flat listings in Lagos was ₦144K/night in October 2026, according to the Private Property Short-let Index.
What is the typical range for flat short-let rates in Lagos?: Half of the listings counted in October 2026 asked between ₦89.2K and ₦202K/night.
Are flat short-let rates in Lagos going up?: No. The median was down 4.9% on a year earlier: ₦144K/night in October 2026 against ₦152K/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/lagos
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