These figures are calculated live from the 44 listings currently posted on ShortRent, so they track the real market rather than a static estimate. "Typical" is the median price of live listings, which ignores one-off luxury outliers; the range shows the cheapest and most expensive live listing in each category. Figures update as listers post and remove listings.
Typical rent by category
| Category | Live listings | Typical | Range |
|---|---|---|---|
| Yearly Rentals | 3 | ₦3,610,000/year | ₦1,200,000 – ₦4,500,000/year |
| Monthly Rentals | 40 | ₦730,000/month | ₦750 – ₦1,700,000/month |
| Shortlets | 1 | ₦150,000/night | ₦150,000/night |
Yearly Rentals — typical rent by state
| State | Live listings | Typical | Range |
|---|---|---|---|
| Lagos | 2 | ₦2,400,000/year | ₦1,200,000 – ₦3,605,000/year |
Monthly Rentals — typical rent by state
| State | Live listings | Typical | Range |
|---|---|---|---|
| Lagos | 38 | ₦790,000/month | ₦750 – ₦1,700,000/month |
| FCT - Abuja | 2 | ₦400,000/month | ₦400,000/month |
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Frequently asked questions
What is the typical rent for yearly rentals in Nigeria?
Across the 3 live yearly rentals on ShortRent, the typical (median) price is ₦3,610,000/year, ranging from ₦1,200,000 to ₦4,500,000/year.
What is the typical rent for monthly rentals in Nigeria?
Across the 40 live monthly rentals on ShortRent, the typical (median) price is ₦730,000/month, ranging from ₦750 to ₦1,700,000/month.
What is the typical rent for shortlets in Nigeria?
Across the 1 live shortlets on ShortRent, the typical (median) price is ₦150,000/night, ranging from ₦150,000 to ₦150,000/night.
How are these rent prices calculated?
Every figure is computed live from the listings currently posted on ShortRent — not an estimate. "Typical" is the median price, so a single luxury listing doesn't distort it, and the range is the cheapest and most expensive live listing in that category.
How often are the prices updated?
Continuously. The page reads the live inventory each time it loads, so prices move as listers add and remove listings.