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Private Property Short-let Index · October 2026

House short-let rates in Nigeria

Median asking short-let rate for house listings in Nigeria, from the listings first published on Private Property in the three months to each month.

Median short-let rate · October 2026

₦237K/night

Typical: ₦182K–₦343K

Half of listings asked between these two figures. Small sample

On last month
On a year ago
▲ +18.4%
▲ +13.8%
Listings
Listings published
77
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 Nigeria by size, October 2026

Short-let rate across Nigeria, October 2026

State Median Typical range On last month On a year ago Listings
Lagos Small sample ₦237K/night ₦183K–₦341K ▲ +17.4% ▲ +14.2% 71

Month by month

MonthMedianTypical rangeListingsOn last month
October 2026 ₦237K/night ₦182K–₦343K 77 Small sample ▲ +18.4%
September 2026 ₦200K/night ₦149K–₦296K 41 Small sample ▼ -2.1%
August 2026 ₦204K/night ₦141K–₦253K 28 Small sample ▲ +5.5%
July 2026 ₦194K/night ₦120K–₦246K 39 Small sample 0.0%
June 2026 ₦194K/night ₦99.9K–₦245K 43 Small sample ▲ +0.6%
May 2026 ₦192K/night ₦133K–₦246K 51 Small sample ▼ -3.0%
April 2026 ₦198K/night ₦155K–₦247K 50 Small sample ▼ -2.4%
March 2026 ₦203K/night ₦152K–₦309K 59 Small sample ▼ -15.1%
February 2026 ₦239K/night ₦160K–₦395K 102 0.0%
January 2026 ₦239K/night ₦164K–₦384K 141 ▲ +0.8%
December 2025 ₦237K/night ₦182K–₦349K 196 ▲ +8.3%
November 2025 ₦219K/night ₦174K–₦296K 187 ▲ +5.4%
October 2025 ₦208K/night ₦166K–₦280K 249 ▲ +2.6%
September 2025 ₦203K/night ₦163K–₦262K 217 ▲ +1.6%
August 2025 ₦200K/night ₦158K–₦262K 214 ▲ +3.1%
July 2025 ₦194K/night ₦153K–₦263K 137 ▼ -3.1%
June 2025 ₦200K/night ₦153K–₦264K 123 ▲ +1.4%
May 2025 ₦197K/night ₦149K–₦255K 131 ▼ -1.1%
April 2025 ₦199K/night ₦149K–₦252K 151 ▲ +0.3%
March 2025 ₦199K/night ₦150K–₦259K 193 ▼ -9.3%
February 2025 ₦219K/night ₦154K–₦274K 199 ▼ -1.5%
January 2025 ₦222K/night ₦151K–₦284K 189 ▲ +10.6%
December 2024 ₦201K/night ₦146K–₦277K 160 ▲ +21.8%
November 2024 ₦165K/night ₦119K–₦229K 211 ▲ +10.0%

Frequently asked

What is the typical house short-let rate in Nigeria?
The median asking short-let rate for house listings in Nigeria was ₦237K/night in October 2026, according to the Private Property Short-let Index.
What is the typical range for house short-let rates in Nigeria?
Half of the listings counted in October 2026 asked between ₦182K and ₦343K/night.
Are house short-let rates in Nigeria going up?
Yes. The median was up 13.8% on a year earlier: ₦237K/night in October 2026 against ₦208K/night in October 2025.
Cite this figure. Private Property Short-let Index, October 2026, Private Property Nigeria, https://privateproperty.ng/market-trends/short-let/houses
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