What is the typical 3-bedroom property short-let rate in Lagos?

The median asking short-let rate for 3-bedroom property listings in Lagos was ₦231K/night in October 2026, according to the Private Property Short-let Index.

What is the typical range for 3-bedroom property short-let rates in Lagos?

Half of the listings counted in October 2026 asked between ₦184K and ₦323K/night.

Are 3-bedroom property short-let rates in Lagos going up?

Yes. The median was up 14.5% on a year earlier: ₦231K/night in October 2026 against ₦202K/night in October 2025.

Private Property Short-let Index · October 2026

3-bedroom property short-let rates in Lagos

Name: 3-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 3-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

₦231K/night

Typical: ₦184K–₦323K

Half of listings asked between these two figures. Small sample

On last month
On a year ago: ▲ +3.3%; ▲ +14.5%
Listings
Listings published: 88; 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	₦206K/night	₦184K–₦279K	Not available	▲ +9.9%	32

Month by month

Month	Median	Typical range	Listings	On last month
October 2026	₦231K/night	₦184K–₦323K	88 Small sample	▲ +3.3%
September 2026	₦224K/night	₦158K–₦286K	40 Small sample	▲ +8.9%
August 2026	₦206K/night	₦162K–₦269K	30 Small sample	▲ +2.5%
July 2026	₦201K/night	₦170K–₦269K	39 Small sample	▼ -1.6%
June 2026	₦204K/night	₦169K–₦258K	57 Small sample	▼ -10.0%
May 2026	₦227K/night	₦182K–₦292K	69 Small sample	▼ -3.6%
April 2026	₦235K/night	₦169K–₦300K	84 Small sample	▼ -5.7%
March 2026	₦249K/night	₦173K–₦307K	77 Small sample	▼ -13.4%
February 2026	₦288K/night	₦182K–₦397K	111	▲ +2.8%
January 2026	₦280K/night	₦183K–₦363K	151	▲ +21.6%
December 2025	₦230K/night	₦170K–₦346K	267	▲ +10.8%
November 2025	₦208K/night	₦166K–₦297K	295	▲ +2.7%
October 2025	₦202K/night	₦164K–₦274K	285	▲ +4.8%
September 2025	₦193K/night	₦158K–₦250K	193	▲ +2.4%
August 2025	₦188K/night	₦154K–₦240K	163	▲ +3.4%
July 2025	₦182K/night	₦142K–₦233K	133	▲ +0.1%
June 2025	₦182K/night	₦144K–₦230K	127	▼ -0.2%
May 2025	₦182K/night	₦142K–₦232K	145	▼ -0.4%
April 2025	₦183K/night	₦150K–₦235K	204	▲ +0.9%
March 2025	₦181K/night	₦149K–₦230K	247	▼ -7.1%
February 2025	₦195K/night	₦153K–₦255K	232	▼ -4.0%
January 2025	₦203K/night	₦153K–₦276K	194	▲ +0.7%
December 2024	₦202K/night	₦152K–₦291K	155	▲ +14.2%
November 2024	₦177K/night	₦140K–₦221K	161	▲ +6.6%

See 3-bedroom property listings for short-let in Lagos

Frequently asked

What is the typical 3-bedroom property short-let rate in Lagos?: The median asking short-let rate for 3-bedroom property listings in Lagos was ₦231K/night in October 2026, according to the Private Property Short-let Index.
What is the typical range for 3-bedroom property short-let rates in Lagos?: Half of the listings counted in October 2026 asked between ₦184K and ₦323K/night.
Are 3-bedroom property short-let rates in Lagos going up?: Yes. The median was up 14.5% on a year earlier: ₦231K/night in October 2026 against ₦202K/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/3-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