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

The median asking short-let rate for flat listings in Ikoyi, Lagos was ₦219K/night in October 2026, according to the Private Property Short-let Index.

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

Half of the listings counted in October 2026 asked between ₦152K and ₦345K/night.

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

No. The median was down 11.2% on a year earlier: ₦219K/night in October 2026 against ₦246K/night in October 2025.

Private Property Short-let Index · October 2026

Flat short-let rates in Ikoyi, Lagos

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

Median short-let rate · October 2026

₦219K/night

Typical: ₦152K–₦345K

Half of listings asked between these two figures. Small sample

On last month
On a year ago: Not available; ▼ -11.2%
Listings
Listings published: 32; 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.

Month by month

Month	Median	Typical range	Listings	On last month
October 2026	₦219K/night	₦152K–₦345K	32 Small sample	Not available
April 2026	₦305K/night	₦245K–₦388K	31 Small sample	▲ +2.3%
March 2026	₦298K/night	₦239K–₦390K	37 Small sample	▼ -9.8%
February 2026	₦331K/night	₦240K–₦440K	49 Small sample	▲ +7.6%
January 2026	₦308K/night	₦259K–₦409K	54 Small sample	▲ +4.8%
December 2025	₦294K/night	₦204K–₦364K	115	▲ +7.0%
November 2025	₦274K/night	₦188K–₦335K	127	▲ +11.4%
October 2025	₦246K/night	₦183K–₦320K	132	▲ +5.9%
September 2025	₦232K/night	₦151K–₦297K	79 Small sample	▲ +10.3%
August 2025	₦211K/night	₦132K–₦298K	61 Small sample	▲ +4.6%
July 2025	₦202K/night	₦129K–₦308K	40 Small sample	▼ -16.4%
June 2025	₦241K/night	₦200K–₦331K	30 Small sample	▲ +7.6%
May 2025	₦224K/night	₦155K–₦324K	43 Small sample	▲ +5.0%
April 2025	₦213K/night	₦152K–₦312K	57 Small sample	▼ -3.2%
March 2025	₦220K/night	₦150K–₦311K	59 Small sample	▼ -19.5%
February 2025	₦274K/night	₦189K–₦348K	48 Small sample	▼ -11.1%
January 2025	₦308K/night	₦231K–₦438K	42 Small sample	▲ +2.5%
December 2024	₦300K/night	₦225K–₦441K	41 Small sample	▲ +27.6%
November 2024	₦235K/night	₦201K–₦308K	36 Small sample	▲ +2.5%
October 2024	₦230K/night	₦198K–₦300K	28 Small sample	▲ +1.2%
September 2024	₦227K/night	₦196K–₦330K	23 Small sample	▲ +5.0%
August 2024	₦216K/night	₦165K–₦319K	21 Small sample	Not available
April 2024	₦189K/night	₦134K–₦247K	24 Small sample	▲ +2.5%
March 2024	₦184K/night	₦120K–₦244K	23 Small sample	▲ +15.8%

See flat listings for short-let in Ikoyi

Frequently asked

What is the typical flat short-let rate in Ikoyi, Lagos?: The median asking short-let rate for flat listings in Ikoyi, Lagos was ₦219K/night in October 2026, according to the Private Property Short-let Index.
What is the typical range for flat short-let rates in Ikoyi, Lagos?: Half of the listings counted in October 2026 asked between ₦152K and ₦345K/night.
Are flat short-let rates in Ikoyi, Lagos going up?: No. The median was down 11.2% on a year earlier: ₦219K/night in October 2026 against ₦246K/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/ikoyi
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