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Private Property Short-let Index · October 2026

3-bedroom flat short-let rates in Lagos

Median asking short-let rate for 3-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

₦226K/night

Typical: ₦178K–₦300K

Half of listings asked between these two figures. Small sample

On last month
On a year ago
▲ +2.1%
▲ +7.8%
Listings
Listings published
72
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 ₦202K/night ₦178K–₦252K Not available ▲ +10.0% 25

Month by month

MonthMedianTypical rangeListingsOn last month
October 2026 ₦226K/night ₦178K–₦300K 72 Small sample ▲ +2.1%
September 2026 ₦221K/night ₦156K–₦277K 37 Small sample ▲ +7.2%
August 2026 ₦207K/night ₦160K–₦274K 27 Small sample ▲ +2.9%
July 2026 ₦201K/night ₦169K–₦269K 35 Small sample ▼ -1.6%
June 2026 ₦204K/night ₦170K–₦255K 51 Small sample ▼ -9.8%
May 2026 ₦226K/night ₦182K–₦289K 59 Small sample ▼ -6.5%
April 2026 ₦242K/night ₦168K–₦305K 73 Small sample ▼ -7.8%
March 2026 ₦263K/night ₦178K–₦346K 63 Small sample ▼ -10.4%
February 2026 ₦293K/night ₦203K–₦405K 94 Small sample ▲ +0.3%
January 2026 ₦292K/night ₦189K–₦369K 117 ▲ +22.1%
December 2025 ₦239K/night ₦171K–₦345K 212 ▲ +11.5%
November 2025 ₦214K/night ₦166K–₦299K 240 ▲ +2.3%
October 2025 ₦209K/night ₦164K–₦276K 230 ▲ +7.7%
September 2025 ₦195K/night ₦155K–₦252K 155 ▲ +4.3%
August 2025 ₦187K/night ₦152K–₦243K 121 ▲ +9.8%
July 2025 ₦170K/night ₦139K–₦231K 102 ▼ -6.3%
June 2025 ₦181K/night ₦142K–₦231K 101 ▼ -1.6%
May 2025 ₦184K/night ₦144K–₦236K 123 ▼ -0.3%
April 2025 ₦185K/night ₦151K–₦236K 172 ▲ +2.2%
March 2025 ₦181K/night ₦144K–₦227K 200 ▼ -2.9%
February 2025 ₦186K/night ₦151K–₦239K 176 ▼ -7.2%
January 2025 ₦201K/night ₦152K–₦271K 145 ▲ +0.2%
December 2024 ₦200K/night ₦150K–₦301K 111 ▲ +17.0%
November 2024 ₦171K/night ₦138K–₦237K 110 ▲ +6.7%

Frequently asked

What is the typical 3-bedroom flat short-let rate in Lagos?
The median asking short-let rate for 3-bedroom flat listings in Lagos was ₦226K/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 Lagos?
Half of the listings counted in October 2026 asked between ₦178K and ₦300K/night.
Are 3-bedroom flat short-let rates in Lagos going up?
Yes. The median was up 7.8% on a year earlier: ₦226K/night in October 2026 against ₦209K/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/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