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

The median asking short-let rate for property listings in Ikate Elegushi, Lagos was ₦134K/night in October 2026, according to the Private Property Short-let Index.

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

Half of the listings counted in October 2026 asked between ₦90.1K and ₦200K/night.

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

No. The median was down 16.2% on a year earlier: ₦134K/night in October 2026 against ₦160K/night in October 2025.

Private Property Short-let Index · October 2026

Property short-let rates in Ikate Elegushi, Lagos

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

Median short-let rate · October 2026

₦134K/night

Typical: ₦90.1K–₦200K

Half of listings asked between these two figures. Small sample

On last month
On a year ago: ▲ +2.5%; ▼ -16.2%
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	₦134K/night	₦90.1K–₦200K	38 Small sample	▲ +2.5%
September 2026	₦131K/night	₦106K–₦166K	25 Small sample	▲ +8.9%
August 2026	₦120K/night	₦90.8K–₦134K	24 Small sample	▼ -11.8%
July 2026	₦136K/night	₦120K–₦170K	30 Small sample	▼ -3.2%
June 2026	₦141K/night	₦118K–₦187K	32 Small sample	▼ -12.6%
May 2026	₦161K/night	₦131K–₦199K	39 Small sample	▲ +6.8%
April 2026	₦151K/night	₦120K–₦199K	34 Small sample	▼ -2.9%
March 2026	₦155K/night	₦130K–₦208K	28 Small sample	▼ -23.5%
February 2026	₦203K/night	₦136K–₦304K	33 Small sample	▼ -4.8%
January 2026	₦213K/night	₦159K–₦293K	52 Small sample	▲ +13.6%
December 2025	₦188K/night	₦155K–₦243K	82 Small sample	▲ +7.0%
November 2025	₦176K/night	₦147K–₦221K	79 Small sample	▲ +9.6%
October 2025	₦160K/night	₦122K–₦192K	108	▲ +4.9%
September 2025	₦153K/night	₦120K–₦184K	95 Small sample	▼ -0.2%
August 2025	₦153K/night	₦121K–₦186K	103	▲ +1.6%
July 2025	₦151K/night	₦129K–₦196K	61 Small sample	▼ -1.4%
June 2025	₦153K/night	₦121K–₦184K	51 Small sample	▲ +2.6%
May 2025	₦149K/night	₦120K–₦180K	56 Small sample	▲ +0.3%
April 2025	₦148K/night	₦118K–₦172K	59 Small sample	▼ -0.9%
March 2025	₦150K/night	₦119K–₦181K	72 Small sample	▼ -5.9%
February 2025	₦159K/night	₦120K–₦200K	73 Small sample	▲ +1.0%
January 2025	₦158K/night	₦128K–₦203K	73 Small sample	▲ +1.5%
December 2024	₦155K/night	₦109K–₦202K	56 Small sample	▲ +13.0%
November 2024	₦138K/night	₦100K–₦159K	40 Small sample	▲ +13.0%

See property listings for short-let in Ikate Elegushi

Frequently asked

What is the typical property short-let rate in Ikate Elegushi, Lagos?: The median asking short-let rate for property listings in Ikate Elegushi, Lagos was ₦134K/night in October 2026, according to the Private Property Short-let Index.
What is the typical range for property short-let rates in Ikate Elegushi, Lagos?: Half of the listings counted in October 2026 asked between ₦90.1K and ₦200K/night.
Are property short-let rates in Ikate Elegushi, Lagos going up?: No. The median was down 16.2% on a year earlier: ₦134K/night in October 2026 against ₦160K/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/lekki/ikate-elegushi
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