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

The median asking short-let rate for flat listings in Ikeja, Lagos was ₦151K/night in October 2026, according to the Private Property Short-let Index.

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

Half of the listings counted in October 2026 asked between ₦83.9K and ₦230K/night.

Are flat short-let rates in Ikeja, Lagos going up?

Yes. The median was up 9.2% on a year earlier: ₦151K/night in October 2026 against ₦138K/night in October 2025.

Private Property Short-let Index · October 2026

Flat short-let rates in Ikeja, Lagos

Name: Flat short-let rates in Ikeja, 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 Ikeja, Lagos, from the listings first published on Private Property in the three months to each month.

Median short-let rate · October 2026

₦151K/night

Typical: ₦83.9K–₦230K

Half of listings asked between these two figures. Small sample

On last month
On a year ago: ▼ -0.2%; ▲ +9.2%
Listings
Listings published: 55; 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 Ikeja by size, October 2026

All sizes ₦151K Small sample 1 bedroom ₦80.4K Small sample

Month by month

Month	Median	Typical range	Listings	On last month
October 2026	₦151K/night	₦83.9K–₦230K	55 Small sample	▼ -0.2%
September 2026	₦151K/night	₦86K–₦238K	35 Small sample	▼ -0.8%
August 2026	₦152K/night	₦120K–₦271K	29 Small sample	Not available
June 2026	₦150K/night	₦116K–₦195K	28 Small sample	▼ -1.6%
May 2026	₦153K/night	₦125K–₦197K	30 Small sample	▲ +0.3%
April 2026	₦152K/night	₦122K–₦189K	32 Small sample	Not available
February 2026	₦141K/night	₦98.9K–₦220K	26 Small sample	▼ -6.5%
January 2026	₦151K/night	₦97.1K–₦215K	35 Small sample	▲ +10.1%
December 2025	₦137K/night	₦93.1K–₦184K	92 Small sample	▼ -0.8%
November 2025	₦138K/night	₦94.7K–₦170K	117	0.0%
October 2025	₦138K/night	₦95.4K–₦170K	112	▼ -2.1%
September 2025	₦141K/night	₦98.2K–₦180K	80 Small sample	▲ +2.5%
August 2025	₦138K/night	₦94.8K–₦182K	63 Small sample	▲ +6.3%
July 2025	₦129K/night	₦86.5K–₦163K	64 Small sample	▼ -3.0%
June 2025	₦133K/night	₦96.6K–₦153K	47 Small sample	▲ +10.9%
May 2025	₦120K/night	₦87.6K–₦152K	62 Small sample	▼ -8.2%
April 2025	₦131K/night	₦91.2K–₦168K	69 Small sample	0.0%
March 2025	₦131K/night	₦88.7K–₦182K	106	▼ -5.9%
February 2025	₦139K/night	₦95.7K–₦188K	73 Small sample	▲ +8.0%
January 2025	₦129K/night	₦81.7K–₦181K	66 Small sample	▲ +35.1%
December 2024	₦95.4K/night	₦76.6K–₦144K	46 Small sample	▲ +2.5%
November 2024	₦93.1K/night	₦67K–₦143K	59 Small sample	0.0%
October 2024	₦93.1K/night	₦66.2K–₦149K	58 Small sample	▼ -15.7%
September 2024	₦110K/night	₦68.9K–₦163K	32 Small sample	▲ +13.0%

See flat listings for short-let in Ikeja

Frequently asked

What is the typical flat short-let rate in Ikeja, Lagos?: The median asking short-let rate for flat listings in Ikeja, Lagos was ₦151K/night in October 2026, according to the Private Property Short-let Index.
What is the typical range for flat short-let rates in Ikeja, Lagos?: Half of the listings counted in October 2026 asked between ₦83.9K and ₦230K/night.
Are flat short-let rates in Ikeja, Lagos going up?: Yes. The median was up 9.2% on a year earlier: ₦151K/night in October 2026 against ₦138K/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/ikeja
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