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

The median asking short-let rate for flat listings in Ikate Elegushi, Lagos was ₦128K/night in October 2026, according to the Private Property Short-let Index.

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

Half of the listings counted in October 2026 asked between ₦87.9K and ₦171K/night.

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

No. The median was down 15.4% on a year earlier: ₦128K/night in October 2026 against ₦151K/night in October 2025.

Private Property Short-let Index · October 2026

Flat short-let rates in Ikate Elegushi, Lagos

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

Median short-let rate · October 2026

₦128K/night

Typical: ₦87.9K–₦171K

Half of listings asked between these two figures. Small sample

On last month
On a year ago: Not available; ▼ -15.4%
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	₦128K/night	₦87.9K–₦171K	32 Small sample	Not available
August 2026	₦117K/night	₦71.2K–₦131K	20 Small sample	▼ -12.6%
July 2026	₦134K/night	₦118K–₦176K	26 Small sample	▼ -2.4%
June 2026	₦138K/night	₦117K–₦185K	31 Small sample	▼ -10.9%
May 2026	₦154K/night	₦129K–₦191K	33 Small sample	▲ +15.1%
April 2026	₦134K/night	₦116K–₦184K	28 Small sample	Not available
February 2026	₦203K/night	₦139K–₦341K	23 Small sample	▼ -8.2%
January 2026	₦221K/night	₦162K–₦289K	37 Small sample	▲ +19.1%
December 2025	₦186K/night	₦153K–₦235K	64 Small sample	▲ +13.9%
November 2025	₦163K/night	₦131K–₦201K	62 Small sample	▲ +7.9%
October 2025	₦151K/night	₦118K–₦180K	87 Small sample	▲ +7.6%
September 2025	₦140K/night	₦116K–₦164K	77 Small sample	▲ +0.3%
August 2025	₦140K/night	₦115K–₦165K	82 Small sample	▲ +1.0%
July 2025	₦139K/night	₦119K–₦165K	48 Small sample	▼ -7.1%
June 2025	₦149K/night	₦119K–₦173K	42 Small sample	▲ +3.3%
May 2025	₦144K/night	₦119K–₦174K	53 Small sample	0.0%
April 2025	₦144K/night	₦117K–₦171K	57 Small sample	▼ -2.7%
March 2025	₦148K/night	₦118K–₦181K	69 Small sample	▼ -2.9%
February 2025	₦153K/night	₦110K–₦190K	66 Small sample	▲ +0.3%
January 2025	₦152K/night	₦110K–₦195K	62 Small sample	▲ +1.5%
December 2024	₦150K/night	₦101K–₦192K	45 Small sample	▲ +16.0%
November 2024	₦129K/night	₦97.3K–₦154K	33 Small sample	▲ +8.9%
October 2024	₦119K/night	₦95.8K–₦149K	25 Small sample	▼ -1.2%
September 2024	₦120K/night	₦98.1K–₦149K	31 Small sample	▼ -0.2%

See flat listings for short-let in Ikate Elegushi

Frequently asked

What is the typical flat short-let rate in Ikate Elegushi, Lagos?: The median asking short-let rate for flat listings in Ikate Elegushi, Lagos was ₦128K/night in October 2026, according to the Private Property Short-let Index.
What is the typical range for flat short-let rates in Ikate Elegushi, Lagos?: Half of the listings counted in October 2026 asked between ₦87.9K and ₦171K/night.
Are flat short-let rates in Ikate Elegushi, Lagos going up?: No. The median was down 15.4% on a year earlier: ₦128K/night in October 2026 against ₦151K/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/lekki/ikate-elegushi
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