What is the typical 1-bedroom property short-let rate in Lagos?

The median asking short-let rate for 1-bedroom property listings in Lagos was ₦86.2K/night in October 2026, according to the Private Property Short-let Index.

What is the typical range for 1-bedroom property short-let rates in Lagos?

Half of the listings counted in October 2026 asked between ₦62.2K and ₦122K/night.

Are 1-bedroom property short-let rates in Lagos going up?

No. The median was down 10.8% on a year earlier: ₦86.2K/night in October 2026 against ₦96.6K/night in October 2025.

Private Property Short-let Index · October 2026

1-bedroom property short-let rates in Lagos

Name: 1-bedroom property short-let rates in Lagos — Private Property Short-let Index
Creator: Private Property Nigeria
License: https://creativecommons.org/licenses/by/4.0/

Median asking short-let rate for 1-bedroom 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

₦86.2K/night

Typical: ₦62.2K–₦122K

Half of listings asked between these two figures.

On last month
On a year ago: ▼ -0.9%; ▼ -10.8%
Listings
Listings published: 149; 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 Lagos by size, October 2026

All sizes ₦157K 1 bedroom ₦86.2K 2 bedrooms ₦155K 3 bedrooms ₦231K Small sample 4 bedrooms ₦279K Small sample

Short-let rate across Lagos, October 2026

City / LGA	Median	Typical range	On last month	On a year ago	Listings
Lekki Small sample	₦88.3K/night	₦61.2K–₦120K	▼ -4.4%	▼ -12.4%	67
Ikeja Small sample	₦80.4K/night	₦61K–₦97.7K	Not available	▼ -10.9%	22

Month by month

Month	Median	Typical range	Listings	On last month
October 2026	₦86.2K/night	₦62.2K–₦122K	149	▼ -0.9%
September 2026	₦87K/night	₦61K–₦110K	92 Small sample	▼ -7.3%
August 2026	₦93.8K/night	₦76.6K–₦120K	70 Small sample	▼ -2.3%
July 2026	₦96.1K/night	₦67.8K–₦121K	68 Small sample	▲ +3.2%
June 2026	₦93.1K/night	₦67.1K–₦128K	86 Small sample	▲ +13.3%
May 2026	₦82.1K/night	₦65.4K–₦121K	97 Small sample	▼ -13.9%
April 2026	₦95.4K/night	₦69.1K–₦129K	116	▲ +2.5%
March 2026	₦93.1K/night	₦68.2K–₦123K	87 Small sample	▼ -18.7%
February 2026	₦115K/night	₦77.5K–₦164K	107	▲ +8.9%
January 2026	₦105K/night	₦75.9K–₦152K	130	▲ +7.6%
December 2025	₦97.7K/night	₦69.9K–₦136K	311	▲ +1.4%
November 2025	₦96.4K/night	₦69.9K–₦130K	393	▼ -0.2%
October 2025	₦96.6K/night	₦70.3K–₦129K	443	▲ +0.4%
September 2025	₦96.2K/night	₦71K–₦122K	325	▲ +1.6%
August 2025	₦94.7K/night	₦69.7K–₦121K	279	▲ +8.0%
July 2025	₦87.7K/night	₦65.9K–₦117K	193	▼ -0.6%
June 2025	₦88.2K/night	₦68.6K–₦110K	138	▲ +3.0%
May 2025	₦85.7K/night	₦65.1K–₦108K	168	▼ -2.3%
April 2025	₦87.7K/night	₦67.1K–₦110K	192	▲ +8.4%
March 2025	₦80.8K/night	₦60.4K–₦106K	219	▼ -0.8%
February 2025	₦81.5K/night	₦60.3K–₦107K	166	▼ -0.4%
January 2025	₦81.8K/night	₦55.2K–₦106K	170	▼ -0.5%
December 2024	₦82.2K/night	₦50.5K–₦110K	139	▲ +0.6%
November 2024	₦81.7K/night	₦54.6K–₦102K	187	▲ +2.9%

See 1-bedroom property listings for short-let in Lagos

Frequently asked

What is the typical 1-bedroom property short-let rate in Lagos?: The median asking short-let rate for 1-bedroom property listings in Lagos was ₦86.2K/night in October 2026, according to the Private Property Short-let Index.
What is the typical range for 1-bedroom property short-let rates in Lagos?: Half of the listings counted in October 2026 asked between ₦62.2K and ₦122K/night.
Are 1-bedroom property short-let rates in Lagos going up?: No. The median was down 10.8% on a year earlier: ₦86.2K/night in October 2026 against ₦96.6K/night in October 2025.

Cite this figure. Private Property Short-let Index, October 2026, Private Property Nigeria, https://privateproperty.ng/market-trends/short-let/lagos/1-bedroom
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