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

The median asking short-let rate for flat listings in Victoria Island, Lagos was ₦188K/night in October 2026, according to the Private Property Short-let Index.

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

Half of the listings counted in October 2026 asked between ₦139K and ₦288K/night.

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

No. The median was down 3.7% on a year earlier: ₦188K/night in October 2026 against ₦195K/night in October 2025.

Private Property Short-let Index · October 2026

Flat short-let rates in Victoria Island, Lagos

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

Median short-let rate · October 2026

₦188K/night

Typical: ₦139K–₦288K

Half of listings asked between these two figures. Small sample

On last month
On a year ago: Not available; ▼ -3.7%
Listings
Listings published: 39; 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	₦188K/night	₦139K–₦288K	39 Small sample	Not available
June 2026	₦202K/night	₦154K–₦250K	29 Small sample	▼ -1.7%
May 2026	₦205K/night	₦153K–₦261K	27 Small sample	▼ -3.8%
April 2026	₦213K/night	₦154K–₦292K	41 Small sample	▼ -16.7%
March 2026	₦256K/night	₦169K–₦302K	31 Small sample	▼ -12.6%
February 2026	₦293K/night	₦245K–₦393K	44 Small sample	▼ -2.4%
January 2026	₦300K/night	₦193K–₦407K	49 Small sample	▲ +24.6%
December 2025	₦241K/night	₦180K–₦320K	80 Small sample	▲ +18.6%
November 2025	₦203K/night	₦152K–₦286K	82 Small sample	▲ +4.1%
October 2025	₦195K/night	₦148K–₦245K	78 Small sample	▲ +3.3%
September 2025	₦189K/night	₦149K–₦256K	50 Small sample	▲ +10.3%
August 2025	₦171K/night	₦129K–₦231K	50 Small sample	▼ -7.1%
July 2025	₦184K/night	₦116K–₦253K	32 Small sample	▲ +7.6%
June 2025	₦171K/night	₦120K–₦231K	34 Small sample	▼ -9.0%
May 2025	₦188K/night	₦152K–₦239K	39 Small sample	▲ +1.3%
April 2025	₦186K/night	₦122K–₦237K	64 Small sample	▼ -0.4%
March 2025	₦187K/night	₦117K–₦238K	61 Small sample	▲ +1.2%
February 2025	₦184K/night	₦109K–₦245K	53 Small sample	▲ +10.3%
January 2025	₦167K/night	₦93.1K–₦235K	46 Small sample	▲ +13.0%
December 2024	₦148K/night	₦108K–₦203K	46 Small sample	▼ -5.5%
November 2024	₦157K/night	₦112K–₦197K	49 Small sample	▼ -12.9%
October 2024	₦180K/night	₦138K–₦219K	32 Small sample	▼ -3.2%
September 2024	₦186K/night	₦157K–₦235K	34 Small sample	▲ +0.8%
August 2024	₦184K/night	₦131K–₦239K	26 Small sample	▼ -4.8%

See flat listings for short-let in Victoria Island

Frequently asked

What is the typical flat short-let rate in Victoria Island, Lagos?: The median asking short-let rate for flat listings in Victoria Island, Lagos was ₦188K/night in October 2026, according to the Private Property Short-let Index.
What is the typical range for flat short-let rates in Victoria Island, Lagos?: Half of the listings counted in October 2026 asked between ₦139K and ₦288K/night.
Are flat short-let rates in Victoria Island, Lagos going up?: No. The median was down 3.7% on a year earlier: ₦188K/night in October 2026 against ₦195K/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/victoria-island
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