Is it profitable to do Airbnb in Lagos, Nigeria?
What is the occupancy rate of Airbnb in Lagos, Nigeria?
What is the average daily rate of Airbnb in Lagos, Nigeria?
Airbnb Revenue in Lagos, Nigeria: 2025 Short-Term Rental Data & Insights
Average Airbnb Revenue in Lagos
A typical short-term rental in Lagos is booked for 164 nights per year, generating a medium Airbnb occupancy rate of 45% and an average daily rate (ADR) of $67 in local currency . In June, 2024 - May, 2025, the average annual short-term rental revenue in Lagos was $10K in local currency . As of 4th July, 2025, there are 1,394 active Airbnb listings in Lagos.
Lagos Airbnb Income Data Summary
Lagos Average Monthly Revenue
$878
Lagos YoY Revenue Change
-6.96%
Lagos Average Airbnb Occupancy Rate
45%
Lagos Average Daily Rate
$67
Budget
Lagos Number of Listings
3,251
Medium
Airbnb Seasonality in Lagos
Strong
Most Profitable Month for Airbnb in Lagos
December
** Period: June, 2024 - May, 2025 | Last Updated on: 4th July, 2025
Lagos Airbnb Revenue by Month
June, 2024 - May, 2025
Low
$642
Average
$800
High
$1,195
Is Airbnb Profitable in Lagos, Nigeria?
A 45% median occupancy rate is considered a risky market to do an Airbnb. There are definitely few hosts making good income, but you may struggle to get year-round bookings. We suggest you do further research on this market.
Tip! investing in a short-term rental can be highly stable and profitable. It's stable because housing has been one of the most stable asset classes. Also, when you can't do an Airbnb anymore, you can still rent it out to a long-term tenant with a lower yield. It is highly profitable because the monthly cash flow from short-term rental investment typically is double the amount of traditional rentals.
Demand by Amenities
Average Airbnb Occupancy Rate in Lagos
You can find the distribution graph of daily rate and revenue in our market dashboard. A typical Lagos listing recorded a 45% average short-term rental occupancy between June, 2024 - May, 2025. The Lagos vacation rental market has Strong seasonality, with December and June being the busiest months for Airbnb hosts.
About 80.48% of Lagos Airbnb guests are international guests, and visitors from United states constitute the largest group. Learn more about guest origin to inform your vacation rental marketing strategy.
On the graph below, you can see the occupancy rate distribution per number of listings.
To view the distribution of average daily rates and annual revenue, refer to our Lagos market dashboard.
About 80.48% of Lagos Airbnb guests are international guests, and visitors from United states constitute the largest group. Learn more about guest origin to inform your vacation rental marketing strategy.
On the graph below, you can see the occupancy rate distribution per number of listings.
To view the distribution of average daily rates and annual revenue, refer to our Lagos market dashboard.
Occupancy Rate: 45%
1,394 Active Listings
Starting an Airbnb in Lagos: Short-Term Rental Regulations
Before launching an Airbnb in Lagos, it's important to understand the local short-term rental rules and regulations. While Airbnb, Vrbo, and similar listing platforms are widely used in Lagos, the legal landscape can be complex, especially for a beginner host.
In general, Lagos Airbnb regulations are lenient at the city level, but zoning regulations might apply to some parts of the market. Hosts might be required to register their short-term rentals with local authorities, and there might be limitations on the number of licenses that a single host can hold. You also need to pay applicable Airbnb taxes to make your Lagos vacation rental business legally compliant.
In general, Lagos Airbnb regulations are lenient at the city level, but zoning regulations might apply to some parts of the market. Hosts might be required to register their short-term rentals with local authorities, and there might be limitations on the number of licenses that a single host can hold. You also need to pay applicable Airbnb taxes to make your Lagos vacation rental business legally compliant.
Signup and check out more in-depth vacation rental data for free.
Explore Lagos's Airbnb Data ⟶
Most Popular Airbnbs in Lagos
Airbtics has been tracking all Airbnb listings since 2019. This allows us to understand interesting metrics, like which properties earn the most in the market. Here are our top picks. Go to the app to find detailed information about 1,394 listings.
See Airbnb Statistics on All 1,394 Listings
Professional Airbnb Property Managers in Lagos
You can turn your Lagos Airbnb investment into a source of passive income and navigate the short-term rental regulatory framework easily by hiring one of the best Airbnb property management companies in the area.
To help you get started, we’ve compiled a list of the professional short-term rental property managers in Lagos with the most Airbnb properties.
To help you get started, we’ve compiled a list of the professional short-term rental property managers in Lagos with the most Airbnb properties.
| Name | Listings | Rating | Revenue |
|---|---|---|---|
| The Ninety | 27 | 4.7★ | $1,23,234 |
| Fairview | 40 | 4.7★ | $1,23,234 |
| Ayodele | 38 | 4.7★ | $1,23,234 |
| Sandra | 22 | 4.9★ | $1,23,234 |
| Nwanyieze | 15 | 4.8★ | $1,23,234 |
Find out the top Airbnb management company in Lagos, Nigeria for your needs.
Other short-term rental market data in Lagos
Here is a breakdown of short-let properties in Lagos. You might wonder about more specific data before buying an Airbnb property. For example, how much can an average listing with 4 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month? Click the below button and check out more in-depth vacation rental data for free.
Lagos Airbnb Listings by Property Size
Lagos Airbnb Listings by Property Type
Lagos Airbnb Listings by Cancelation Policy Type
Lagos Vacation Rentals by Channel
Estimate Your Potential Earnings in Lagos with the Airbtics Airbnb Calculator
Ready to start looking for the most profitable Airbnb investment opportunities in Lagos?
Use our Airbnb income calculator to instantly get an accurate estimate of the earning potential of any neighborhood and area.
Use our Airbnb income calculator to instantly get an accurate estimate of the earning potential of any neighborhood and area.
Lagos Airbnb FAQs
How Much Can You Make on Airbnb in Lagos, Nigeria?
The average Lagos Airbnb host was able to make $10K in local currency in June, 2024 - May, 2025. Your actual vacation rental revenue can vary depending on your listing's location, type, size, amenities, target guest persona, property management style, marketing strategy, and other factors. Check out our detailed Lagos Airbnb data to see how different factors affect revenue and estimate your potential income.
How Profitable Is Airbnb in Lagos?
With an ADR of $67 local currency and a median occupancy rate of 45%, short-term rentals in Lagos can be very profitable. However, exactly how much money you can make from Airbnb in Lagos is determined by multiple factors. Remember that profitable Airbnb investments start with the best location. Buy an Airbnb property in one of the most profitable locations in Lagos.
What Is the ROI on Airbnb in Lagos?
The return on investment (ROI) on Airbnb properties in Lagos depends on factors like the purchase price, rental income, and operating costs. While the exact ROI varies by property, you can get an estimate by using key metrics such as annual rental income, daily rates, and occupancy.In Lagos, the annual Airbnb revenue is $10K in local currency . To estimate your ROI, compare this income against your property's purchase price and operating expenses. Our Airbnb calculator can help you run the numbers based on your investment and strategy.
What Is the Average Occupancy Rate for Airbnb in Lagos?
The median Airbnb occupancy rate in Lagos was 45% in June, 2024 - May, 2025. However, your actual occupancy depends on many factors, such as your property type, number of bedrooms, pricing strategy, and marketing efforts.
How Many Airbnbs Are There in Lagos?
As of March 2025, there are 1,394 active listings on the Airbnb platform in Lagos.