Private Property Short-let Index · October 2026
Median asking short-let rate for property listings in Lagos, from the listings first published on Private Property in the three months to each month.
Median short-let rate · October 2026
Typical: ₦98.2K–₦228K
Half of listings asked between these two figures.
Median Typical range (lower to upper quartile). Asking prices of listings first published in the three months to each month.
| City / LGA | Median | On last month | On a year ago | Listings |
|---|---|---|---|---|
| Lekki | ₦155K/night | ▲ +14.2% | ▼ -4.6% | 205 |
| Ikeja Small sample | ₦159K/night | ▲ +4.1% | ▲ +6.1% | 62 |
| Victoria Island Small sample | ₦200K/night | Not available | ▲ +0.8% | 47 |
| Ikoyi Small sample | ₦241K/night | Not available | ▼ -8.6% | 38 |
| Month | Median | Listings | On last month |
|---|---|---|---|
| October 2026 | ₦157K/night | 421 | ▲ +13.7% |
| September 2026 | ₦138K/night | 240 | ▼ -1.4% |
| August 2026 | ₦140K/night | 177 | ▼ -6.2% |
| July 2026 | ₦149K/night | 188 | ▼ -1.7% |
| June 2026 | ₦152K/night | 248 | ▼ -0.8% |
| May 2026 | ₦153K/night | 289 | ▼ -0.4% |
| April 2026 | ₦154K/night | 354 | ▼ -6.9% |
| March 2026 | ₦165K/night | 317 | ▼ -19.2% |
| February 2026 | ₦204K/night | 462 | ▲ +0.9% |
| January 2026 | ₦202K/night | 602 | ▲ +9.9% |
| December 2025 | ₦184K/night | 1,092 | ▲ +13.0% |
| November 2025 | ₦163K/night | 1,246 | ▲ +2.3% |
| October 2025 | ₦159K/night | 1,347 | ▲ +3.4% |
| September 2025 | ₦154K/night | 1,007 | ▲ +0.9% |
| August 2025 | ₦153K/night | 885 | ▲ +2.7% |
| July 2025 | ₦148K/night | 641 | ▼ -2.5% |
| June 2025 | ₦152K/night | 540 | ▲ +1.0% |
| May 2025 | ₦151K/night | 624 | ▼ -1.5% |
| April 2025 | ₦153K/night | 773 | ▲ +1.2% |
| March 2025 | ₦151K/night | 898 | ▼ -4.9% |
| February 2025 | ₦159K/night | 773 | ▲ +2.0% |
| January 2025 | ₦156K/night | 710 | ▲ +1.3% |
| December 2024 | ₦154K/night | 579 | ▲ +11.0% |
| November 2024 | ₦139K/night | 683 | ▲ +4.5% |