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

The median asking short-let rate for property listings in Ikoyi, Lagos was ₦241K/night in October 2026, according to the Private Property Short-let Index.

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

Half of the listings counted in October 2026 asked between ₦154K and ₦379K/night.

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

No. The median was down 8.6% on a year earlier: ₦241K/night in October 2026 against ₦264K/night in October 2025.

Private Property Short-let Index · October 2026

Property short-let rates in Ikoyi, Lagos

Name: Property short-let rates in Ikoyi, 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 Ikoyi, Lagos, from the listings first published on Private Property in the three months to each month.

Median short-let rate · October 2026

₦241K/night

Typical: ₦154K–₦379K

Half of listings asked between these two figures. Small sample

On last month
On a year ago: Not available; ▼ -8.6%
Listings
Listings published: 38; 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.

Month by month

Month	Median	Typical range	Listings	On last month
October 2026	₦241K/night	₦154K–₦379K	38 Small sample	Not available
April 2026	₦305K/night	₦245K–₦388K	31 Small sample	▲ +1.0%
March 2026	₦302K/night	₦240K–₦386K	39 Small sample	▼ -13.5%
February 2026	₦349K/night	₦247K–₦447K	56 Small sample	▲ +0.5%
January 2026	₦348K/night	₦291K–₦444K	67 Small sample	▲ +15.8%
December 2025	₦300K/night	₦219K–₦387K	132	▲ +4.1%
November 2025	₦288K/night	₦205K–₦361K	144	▲ +9.4%
October 2025	₦264K/night	₦189K–₦345K	151	▲ +8.7%
September 2025	₦243K/night	₦160K–₦334K	93 Small sample	▲ +1.8%
August 2025	₦238K/night	₦150K–₦345K	75 Small sample	▲ +8.9%
July 2025	₦219K/night	₦133K–₦345K	52 Small sample	▼ -21.6%
June 2025	₦279K/night	₦203K–₦360K	42 Small sample	▲ +20.1%
May 2025	₦232K/night	₦166K–₦332K	53 Small sample	▲ +3.7%
April 2025	₦224K/night	₦164K–₦320K	65 Small sample	▼ -4.2%
March 2025	₦234K/night	₦164K–₦316K	71 Small sample	▼ -15.9%
February 2025	₦278K/night	₦216K–₦347K	63 Small sample	▼ -5.9%
January 2025	₦295K/night	₦233K–₦405K	55 Small sample	▲ +3.3%
December 2024	₦286K/night	₦227K–₦388K	53 Small sample	▲ +21.0%
November 2024	₦236K/night	₦200K–₦304K	52 Small sample	▲ +0.5%
October 2024	₦235K/night	₦198K–₦298K	44 Small sample	0.0%
September 2024	₦235K/night	₦198K–₦328K	36 Small sample	▼ -13.6%
August 2024	₦272K/night	₦191K–₦333K	30 Small sample	▼ -4.0%
July 2024	₦284K/night	₦203K–₦342K	32 Small sample	▲ +4.1%
June 2024	₦272K/night	₦192K–₦340K	31 Small sample	▲ +8.9%

See property listings for short-let in Ikoyi

Frequently asked

What is the typical property short-let rate in Ikoyi, Lagos?: The median asking short-let rate for property listings in Ikoyi, Lagos was ₦241K/night in October 2026, according to the Private Property Short-let Index.
What is the typical range for property short-let rates in Ikoyi, Lagos?: Half of the listings counted in October 2026 asked between ₦154K and ₦379K/night.
Are property short-let rates in Ikoyi, Lagos going up?: No. The median was down 8.6% on a year earlier: ₦241K/night in October 2026 against ₦264K/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/ikoyi
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