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Private Property Short-let Index · October 2026

2-bedroom flat short-let rates in Lagos

Median asking short-let rate for 2-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

₦155K/night

Typical: ₦132K–₦199K

Half of listings asked between these two figures.

On last month
On a year ago
▲ +10.3%
▼ -4.2%
Listings
Listings published
119
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 ₦159K/night ₦133K–₦195K ▲ +15.1% ▼ -4.4% 73

Month by month

MonthMedianTypical rangeListingsOn last month
October 2026 ₦155K/night ₦132K–₦199K 119 ▲ +10.3%
September 2026 ₦141K/night ₦130K–₦185K 69 Small sample ▼ -6.6%
August 2026 ₦151K/night ₦133K–₦186K 53 Small sample ▼ -2.2%
July 2026 ₦154K/night ₦134K–₦203K 57 Small sample ▼ -0.9%
June 2026 ₦155K/night ₦132K–₦200K 76 Small sample ▼ -0.8%
May 2026 ₦157K/night ₦134K–₦199K 87 Small sample ▲ +1.8%
April 2026 ₦154K/night ₦126K–₦201K 115 ▼ -3.0%
March 2026 ₦159K/night ₦131K–₦219K 111 ▼ -18.0%
February 2026 ₦194K/night ₦144K–₦256K 159 ▲ +0.6%
January 2026 ₦192K/night ₦150K–₦261K 203 ▲ +4.9%
December 2025 ₦183K/night ₦139K–₦245K 329 ▲ +12.0%
November 2025 ₦164K/night ₦131K–₦219K 379 ▲ +1.1%
October 2025 ₦162K/night ₦130K–₦206K 398 ▲ +4.6%
September 2025 ₦155K/night ₦129K–₦192K 314 ▲ +1.1%
August 2025 ₦153K/night ₦129K–₦188K 279 ▲ +2.8%
July 2025 ₦149K/night ₦121K–₦182K 204 ▼ -1.4%
June 2025 ₦151K/night ₦122K–₦184K 171 ▲ +0.7%
May 2025 ₦150K/night ₦119K–₦185K 196 ▲ +0.2%
April 2025 ₦150K/night ₦117K–₦184K 242 ▲ +8.7%
March 2025 ₦138K/night ₦107K–₦183K 271 ▼ -0.7%
February 2025 ₦138K/night ₦108K–₦186K 226 ▼ -6.4%
January 2025 ₦148K/night ₦117K–₦190K 222 ▲ +3.0%
December 2024 ₦144K/night ₦99.6K–₦192K 176 ▲ +3.9%
November 2024 ₦138K/night ₦99.9K–₦178K 198 ▲ +4.1%

Frequently asked

What is the typical 2-bedroom flat short-let rate in Lagos?
The median asking short-let rate for 2-bedroom flat listings in Lagos 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 Lagos?
Half of the listings counted in October 2026 asked between ₦132K and ₦199K/night.
Are 2-bedroom flat short-let rates in Lagos going up?
No. The median was down 4.2% on a year earlier: ₦155K/night in October 2026 against ₦162K/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/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