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

The median asking short-let rate for property listings in Victoria Island, Lagos was ₦200K/night in October 2026, according to the Private Property Short-let Index.

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

Half of the listings counted in October 2026 asked between ₦158K and ₦327K/night.

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

Yes. The median was up 0.8% on a year earlier: ₦200K/night in October 2026 against ₦198K/night in October 2025.

Private Property Short-let Index · October 2026

Property short-let rates in Victoria Island, Lagos

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

Median short-let rate · October 2026

₦200K/night

Typical: ₦158K–₦327K

Half of listings asked between these two figures. Small sample

On last month
On a year ago: Not available; ▲ +0.8%
Listings
Listings published: 47; 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 across Victoria Island, October 2026

Area	Median	Typical range	On last month	On a year ago	Listings
Oniru Small sample	₦183K/night	₦129K–₦207K	Not available	▲ +14.8%	22

Month by month

Month	Median	Typical range	Listings	On last month
October 2026	₦200K/night	₦158K–₦327K	47 Small sample	Not available
June 2026	₦202K/night	₦154K–₦250K	29 Small sample	▼ -1.7%
May 2026	₦205K/night	₦153K–₦261K	27 Small sample	▼ -8.4%
April 2026	₦224K/night	₦155K–₦299K	43 Small sample	▼ -14.7%
March 2026	₦263K/night	₦173K–₦329K	33 Small sample	▼ -10.8%
February 2026	₦294K/night	₦244K–₦414K	47 Small sample	▼ -1.5%
January 2026	₦299K/night	₦191K–₦412K	52 Small sample	▲ +21.0%
December 2025	₦247K/night	₦183K–₦319K	88 Small sample	▲ +18.6%
November 2025	₦208K/night	₦153K–₦305K	90 Small sample	▲ +5.0%
October 2025	₦198K/night	₦150K–₦256K	90 Small sample	▲ +3.3%
September 2025	₦192K/night	₦149K–₦259K	58 Small sample	▲ +11.4%
August 2025	₦172K/night	₦133K–₦240K	61 Small sample	▼ -8.2%
July 2025	₦188K/night	₦149K–₦260K	41 Small sample	▲ +3.3%
June 2025	₦182K/night	₦136K–₦237K	42 Small sample	▼ -6.1%
May 2025	₦194K/night	₦153K–₦241K	44 Small sample	▲ +2.5%
April 2025	₦189K/night	₦130K–₦239K	72 Small sample	▼ -2.4%
March 2025	₦194K/night	₦129K–₦243K	70 Small sample	▼ -4.8%
February 2025	₦203K/night	₦122K–₦279K	64 Small sample	▲ +10.3%
January 2025	₦184K/night	₦107K–₦269K	55 Small sample	▲ +7.6%
December 2024	₦171K/night	₦119K–₦253K	56 Small sample	▲ +1.2%
November 2024	₦169K/night	₦120K–₦221K	57 Small sample	▼ -10.9%
October 2024	₦190K/night	₦143K–₦229K	37 Small sample	▼ -0.4%
September 2024	₦191K/night	₦163K–₦247K	40 Small sample	▲ +1.0%
August 2024	₦189K/night	₦164K–₦247K	30 Small sample	▼ -5.5%

See property listings for short-let in Victoria Island

Frequently asked

What is the typical property short-let rate in Victoria Island, Lagos?: The median asking short-let rate for property listings in Victoria Island, Lagos was ₦200K/night in October 2026, according to the Private Property Short-let Index.
What is the typical range for property short-let rates in Victoria Island, Lagos?: Half of the listings counted in October 2026 asked between ₦158K and ₦327K/night.
Are property short-let rates in Victoria Island, Lagos going up?: Yes. The median was up 0.8% on a year earlier: ₦200K/night in October 2026 against ₦198K/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/victoria-island
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