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Private Property Short-let Index · October 2026

1-bedroom flat short-let rates in Lagos

Median asking short-let rate for 1-bedroom 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

₦84.8K/night

Typical: ₦61.2K–₦119K

Half of listings asked between these two figures.

On last month
On a year ago
▼ -1.6%
▼ -11.3%
Listings
Listings published
145
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

Short-let rate across Lagos, October 2026

City / LGA Median Typical range On last month On a year ago Listings
Lekki Small sample ₦87.9K/night ₦61K–₦119K ▼ -4.0% ▼ -11.9% 66
Ikeja Small sample ₦80.4K/night ₦61K–₦97.7K Not available ▼ -10.9% 22

Month by month

MonthMedianTypical rangeListingsOn last month
October 2026 ₦84.8K/night ₦61.2K–₦119K 145 ▼ -1.6%
September 2026 ₦86.2K/night ₦60.6K–₦106K 89 Small sample ▼ -7.4%
August 2026 ₦93.1K/night ₦75.7K–₦120K 69 Small sample ▼ -2.9%
July 2026 ₦95.9K/night ₦70.3K–₦123K 63 Small sample ▲ +4.2%
June 2026 ₦92K/night ₦67.4K–₦128K 81 Small sample ▲ +13.0%
May 2026 ₦81.4K/night ₦65.5K–₦125K 90 Small sample ▼ -12.6%
April 2026 ₦93.1K/night ₦68.7K–₦128K 111 0.0%
March 2026 ₦93.1K/night ₦67.5K–₦123K 83 Small sample ▼ -18.7%
February 2026 ₦115K/night ₦77.3K–₦164K 103 ▲ +14.4%
January 2026 ₦100K/night ₦75.4K–₦151K 126 ▲ +3.2%
December 2025 ₦97.1K/night ₦69.7K–₦134K 298 ▲ +1.1%
November 2025 ₦96K/night ₦69.8K–₦129K 379 ▲ +0.4%
October 2025 ₦95.6K/night ₦69.8K–₦128K 417 ▲ +0.2%
September 2025 ₦95.4K/night ₦70.6K–₦122K 302 ▲ +3.9%
August 2025 ₦91.8K/night ₦69.2K–₦121K 256 ▲ +5.3%
July 2025 ₦87.2K/night ₦67.2K–₦117K 182 ▲ +0.3%
June 2025 ₦87K/night ₦68.1K–₦108K 132 ▲ +3.0%
May 2025 ₦84.4K/night ₦65.1K–₦108K 159 ▼ -3.4%
April 2025 ₦87.4K/night ₦67K–₦110K 182 ▲ +8.9%
March 2025 ₦80.2K/night ₦59.9K–₦107K 205 ▼ -1.2%
February 2025 ₦81.2K/night ₦59.8K–₦107K 159 ▼ -0.2%
January 2025 ₦81.4K/night ₦54.6K–₦105K 164 ▼ -0.8%
December 2024 ₦82.1K/night ₦50.6K–₦109K 136 ▲ +1.8%
November 2024 ₦80.6K/night ₦50.2K–₦103K 156 ▲ +5.2%

Frequently asked

What is the typical 1-bedroom flat short-let rate in Lagos?
The median asking short-let rate for 1-bedroom flat listings in Lagos was ₦84.8K/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 Lagos?
Half of the listings counted in October 2026 asked between ₦61.2K and ₦119K/night.
Are 1-bedroom flat short-let rates in Lagos going up?
No. The median was down 11.3% on a year earlier: ₦84.8K/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/lagos/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