What is the typical property short-let rate in Ikeja, Lagos?

The median asking short-let rate for property listings in Ikeja, Lagos was ₦159K/night in October 2026, according to the Private Property Short-let Index.

What is the typical range for property short-let rates in Ikeja, Lagos?

Half of the listings counted in October 2026 asked between ₦93.1K and ₦239K/night.

Are property short-let rates in Ikeja, Lagos going up?

Yes. The median was up 6.1% on a year earlier: ₦159K/night in October 2026 against ₦150K/night in October 2025.

Private Property Short-let Index · October 2026

Property short-let rates in Ikeja, Lagos

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

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

Median short-let rate · October 2026

₦159K/night

Typical: ₦93.1K–₦239K

Half of listings asked between these two figures. Small sample

On last month
On a year ago: ▲ +4.1%; ▲ +6.1%
Listings
Listings published: 62; 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 Ikeja by size, October 2026

All sizes ₦159K Small sample 1 bedroom ₦80.4K Small sample

Month by month

Month	Median	Typical range	Listings	On last month
October 2026	₦159K/night	₦93.1K–₦239K	62 Small sample	▲ +4.1%
September 2026	₦153K/night	₦97.7K–₦269K	38 Small sample	▼ -0.4%
August 2026	₦153K/night	₦121K–₦274K	31 Small sample	▲ +1.7%
July 2026	₦151K/night	₦119K–₦198K	20 Small sample	▼ -0.5%
June 2026	₦152K/night	₦119K–₦198K	32 Small sample	▼ -8.2%
May 2026	₦165K/night	₦142K–₦207K	37 Small sample	▲ +6.3%
April 2026	₦155K/night	₦128K–₦198K	36 Small sample	▼ -5.5%
March 2026	₦164K/night	₦133K–₦219K	23 Small sample	▲ +6.7%
February 2026	₦154K/night	₦107K–₦227K	31 Small sample	▼ -7.8%
January 2026	₦167K/night	₦129K–₦245K	45 Small sample	▲ +11.3%
December 2025	₦150K/night	₦96.8K–₦204K	110	▲ +0.6%
November 2025	₦149K/night	₦98.7K–₦187K	134	▼ -0.5%
October 2025	₦150K/night	₦99.7K–₦187K	130	▲ +0.3%
September 2025	₦150K/night	₦98.1K–₦185K	98 Small sample	▲ +4.4%
August 2025	₦143K/night	₦97.1K–₦191K	86 Small sample	▲ +4.8%
July 2025	₦137K/night	₦94.2K–₦186K	90 Small sample	▼ -3.0%
June 2025	₦141K/night	₦117K–₦201K	66 Small sample	▲ +6.0%
May 2025	₦133K/night	₦92.3K–₦189K	84 Small sample	▼ -3.8%
April 2025	₦138K/night	₦95.4K–₦200K	92 Small sample	▼ -1.5%
March 2025	₦140K/night	₦95.6K–₦204K	137	▼ -10.4%
February 2025	₦157K/night	₦116K–₦218K	93 Small sample	▲ +5.1%
January 2025	₦149K/night	₦90.8K–₦208K	84 Small sample	▲ +23.9%
December 2024	₦120K/night	₦78.7K–₦170K	57 Small sample	▼ -0.4%
November 2024	₦121K/night	₦79.4K–₦160K	91 Small sample	▲ +20.6%

See property listings for short-let in Ikeja

Frequently asked

What is the typical property short-let rate in Ikeja, Lagos?: The median asking short-let rate for property listings in Ikeja, Lagos was ₦159K/night in October 2026, according to the Private Property Short-let Index.
What is the typical range for property short-let rates in Ikeja, Lagos?: Half of the listings counted in October 2026 asked between ₦93.1K and ₦239K/night.
Are property short-let rates in Ikeja, Lagos going up?: Yes. The median was up 6.1% on a year earlier: ₦159K/night in October 2026 against ₦150K/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/ikeja
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