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Private Property Short-let Index · October 2026

4-bedroom property short-let rates in Lagos

Median asking short-let rate for 4-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

₦279K/night

Typical: ₦222K–₦339K

Half of listings asked between these two figures. Small sample

On last month
On a year ago
▲ +15.8%
▲ +19.5%
Listings
Listings published
40
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

Month by month

MonthMedianTypical rangeListingsOn last month
October 2026 ₦279K/night ₦222K–₦339K 40 Small sample ▲ +15.8%
September 2026 ₦241K/night ₦203K–₦304K 26 Small sample Not available
April 2026 ₦208K/night ₦195K–₦359K 26 Small sample ▼ -3.6%
March 2026 ₦216K/night ₦188K–₦367K 31 Small sample ▼ -30.4%
February 2026 ₦310K/night ₦214K–₦436K 55 Small sample ▲ +7.0%
January 2026 ₦290K/night ₦219K–₦407K 80 Small sample ▲ +3.9%
December 2025 ₦279K/night ₦210K–₦355K 122 ▲ +15.0%
November 2025 ₦243K/night ₦199K–₦316K 118 ▲ +3.9%
October 2025 ₦234K/night ₦199K–₦303K 131 ▼ -1.9%
September 2025 ₦238K/night ₦199K–₦291K 103 ▼ -1.2%
August 2025 ₦241K/night ₦200K–₦289K 96 Small sample ▼ -1.6%
July 2025 ₦245K/night ₦201K–₦293K 68 Small sample ▲ +3.6%
June 2025 ₦236K/night ₦199K–₦291K 66 Small sample ▲ +2.6%
May 2025 ₦230K/night ₦204K–₦289K 69 Small sample ▲ +1.4%
April 2025 ₦227K/night ₦199K–₦273K 87 Small sample ▲ +0.3%
March 2025 ₦227K/night ₦192K–₦278K 97 Small sample ▼ -8.8%
February 2025 ₦248K/night ₦195K–₦304K 91 Small sample ▼ -4.2%
January 2025 ₦259K/night ₦198K–₦315K 68 Small sample ▲ +5.5%
December 2024 ₦246K/night ₦184K–₦306K 62 Small sample ▲ +11.3%
November 2024 ₦221K/night ₦171K–₦266K 68 Small sample ▲ +18.3%
October 2024 ₦187K/night ₦138K–₦237K 81 Small sample ▼ -4.4%
September 2024 ₦195K/night ₦139K–₦237K 70 Small sample ▲ +3.3%
August 2024 ₦189K/night ₦135K–₦237K 62 Small sample ▼ -16.7%
July 2024 ₦227K/night ₦192K–₦287K 48 Small sample ▲ +3.7%

Frequently asked

What is the typical 4-bedroom property short-let rate in Lagos?
The median asking short-let rate for 4-bedroom property listings in Lagos was ₦279K/night in October 2026, according to the Private Property Short-let Index.
What is the typical range for 4-bedroom property short-let rates in Lagos?
Half of the listings counted in October 2026 asked between ₦222K and ₦339K/night.
Are 4-bedroom property short-let rates in Lagos going up?
Yes. The median was up 19.5% on a year earlier: ₦279K/night in October 2026 against ₦234K/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/4-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