Beautifully furnished 3 bedroom apartment, Ikoyi. Entire home · 3 bedrooms Rated 4.90 - Revenue
- ₦56M
- Occupancy
- 63.4%
- Daily rate
- ₦231,793
Prices in
Airbnb market data · 202612 months to September 2026
Falomo, Nigeria Airbnb Market Data: Revenue, Occupancy & Trends
The average Airbnb in Falomo brought in ₦11,964,508 over the 12 months through September 2026, about 54% more than the Lagos State average of ₦7,785,757.
The short answer
Falomo Airbnb Market at a Glance
Rates in Falomo run ahead of the Lagos State average, with bookings close to it. Listings averaged ₦242,440 a night and were booked on 28% of available nights, against ₦147,000 and 29% for the Lagos State average.
Timing matters: in December, usually the best month, the average listing earns about 2.5 times as much as in September, usually the slowest.
With 75 active listings, Falomo is the fifth-largest of 17 Lagos State markets AirROI tracks. From a year earlier, average revenue fell 13% while the number of active listings grew 19%.
Browse the live Falomo Airbnb market See Every Falomo ListingRevenue
How Much Do Airbnb Hosts Make in Falomo?
Gross bookings per Falomo listing averaged ₦11,964,508 over the 12 months to September 2026 (Lagos State average: ₦7,785,757), before cleaning, platform and management costs and taxes.
In a typical year, the average Falomo listing brings in ₦3,730,000 in December, its best month, and ₦1,520,000 in September, its slowest. March runs within 4% of September, so either can be the slowest in a given year. The three strongest months bring in 33% of a full year's revenue, where an even calendar would give any three months 25%.
In a typical month, a top-quarter listing earns at least 3.8 times as much as a bottom-quarter one.
- Best-in-class properties (top 10%) earn ₦4,020,000+ a month, about 2.6 times the typical property.
- Strong performers (top 25%) earn ₦2,960,000 or more, roughly ₦1,400,000 a month above the median.
- Typical properties (median) earn about ₦1,530,000 a month.
- Entry-level properties (bottom 25%) earn ₦776,000 or less, about half of the median.
These are monthly figures for listings active in each month. The annual average above also counts listings that operated for only part of the year, so it runs below twelve times these figures.
December earns about 2.5 times what September does
Average revenue per active listing, by month, September 2024 to August 2026
Monthly average ₦4,080,000 ₦1,200,000
The dashed line is the average of the months shown, ₦2,130,000. Each point is one month as recorded, averaged over the listings active in it. The best and slowest months in the text average each calendar month over the past two years, so they can differ from the highest and lowest points here.
Falomo Airbnb Data by Month
Latest 12 months in the September 2026 data. September's figures are still coming in, so the rows run to August.
December 2025 led on revenue, nightly rate and bookings alike.
| Month | Avg. Revenue | Occupancy | Avg. Nightly Rate | RevPAR | Booking Lead Time | Avg. Length of Stay |
|---|---|---|---|---|---|---|
| Sep 2025 | ₦1,198,484 | 24.7% | ₦212,502 | ₦39,949 | 17 days | 6.6 nights |
| Oct 2025 | ₦1,759,551 | 30.9% | ₦218,689 | ₦56,760 | 16 days | 5.9 nights |
| Nov 2025 | ₦1,789,954 | 33.7% | ₦222,641 | ₦59,665 | 18 days | 5.8 nights |
| Dec 2025 | ₦3,385,485 | 42.5% | ₦249,870 | ₦109,209 | 66 days | 7.9 nights |
| Jan 2026 | ₦1,959,352 | 29.0% | ₦238,114 | ₦63,205 | 18 days | 6 nights |
| Feb 2026 | ₦1,677,999 | 34.4% | ₦220,686 | ₦59,929 | 22 days | 6.8 nights |
| Mar 2026 | ₦1,227,754 | 24.6% | ₦220,319 | ₦39,605 | 14 days | 8.8 nights |
| Apr 2026 | ₦2,280,384 | 41.3% | ₦221,699 | ₦76,013 | 24 days | 5.6 nights |
| May 2026 | ₦2,201,876 | 29.6% | ₦243,993 | ₦71,028 | 24 days | 6.5 nights |
| Jun 2026 | ₦1,610,732 | 27.1% | ₦244,892 | ₦53,691 | 12 days | 5.9 nights |
| Jul 2026 | ₦2,481,351 | 32.0% | ₦244,605 | ₦80,044 | 17 days | 6.5 nights |
| Aug 2026 | ₦2,660,937 | 34.4% | ₦239,895 | ₦85,837 | 25 days | 7.3 nights |
Averages per active listing in each month. Highlighted: the highest-revenue month of the 12. RevPAR is the month's revenue spread over its nights, booked or not. Booking lead time is the days between booking and check-in, and length of stay the nights per booking, for stays in that month.
For a figure on one home rather than the whole Falomo market, enter its address and size in the Airbnb income calculator, which compares it with similar listings nearby.
Profit
Is an Airbnb in Falomo Profitable?
Yes, when it's run well. The average Falomo Airbnb took in ₦11,964,508 in the 12 months to September 2026, and run by its owner at everyday costs, about ₦730,000 a month of that is left after running costs, so a home that costs less than that to own or rent makes money. A listing in the top quarter leaves about ₦1,430,000 a month.
Cleaning it yourself keeps the ₦380,000 a year guests pay in cleaning fees, for about ₦760,000 a month. Handing the listing to a co-host at about 10% of nightly bookings still leaves about ₦630,000 a month.
These amounts come before housing costs. Where the mortgage or rent is less each month, the difference is profit; a home owned outright keeps it all after property tax, home insurance and any building or condo fees.
Falomo Airbnb Income, Expenses and Profit per Year
| Line | Average listing | Top-quarter listing |
|---|---|---|
| Money in | ||
| Nightly bookings | ₦11,584,508 | ₦22,490,000 |
| Cleaning fees guests pay3% of Falomo bookings | ₦380,000 | ₦750,000 |
| Gross bookings | ₦11,964,508 | ₦23,240,000 |
| Running costs | ||
| Airbnb's feeAbout 12%: 15.5% for the 73% of Falomo listings on Simplified Pricing, 3% for the rest | −₦1,460,000 | −₦2,830,000 |
| Cleaning and laundryPaid for by the cleaning fee; ₦0 if you clean yourself | −₦380,000 | −₦750,000 |
| Utilities and internetAbout 5% of bookings | −₦600,000 | −₦1,160,000 |
| Guest suppliesToiletries, coffee, paper goods: about 2% | −₦240,000 | −₦460,000 |
| Repairs and upkeepIncluding linens and small replacements: about 3% | −₦360,000 | −₦700,000 |
| Short-term rental insuranceOne policy, on top of Airbnb's free AirCover | −₦120,000 | −₦120,000 |
| Permit and registrationWhere one is required | −₦60,000 | −₦60,000 |
| Management₦0 when you run it; co-hosts charge from about 10% of nightly bookings | ₦0 | ₦0 |
| Pricing and messaging toolsOptional; Airbnb's own tools are free | ₦0 | ₦0 |
| Lodging taxesAdded to the guest's bill and passed on | ₦0 | ₦0 |
| Total running costsAbout 24% of bookings, plus cleaning paid for by the cleaning fee | −₦3,220,000 | −₦6,080,000 |
| Left for housing costs, then profit | ₦8,744,508about ₦730,000 a month | ₦17,160,000about ₦1,430,000 a month |
| Housing costs | ||
| Mortgage or rent, property tax, home insurance, building or condo fees | Depend on the home | |
Estimate Your Own Falomo Airbnb Profit
The estimate starts from Falomo's average listing, run by its owner. Change how the listing performs, who runs it and who cleans to see what is left for the mortgage or rent.
To work out the profit on one Falomo home, with its price, its mortgage or rent and your own costs, use the Airbnb profit calculator. It starts from the comparable listings around the address.
How Falomo's Top Earners Get There
- More nights booked. The busiest quarter of Falomo listings are booked on 43% or more of their nights, against 26% for the median listing. Ten more booked nights a year at the median rate of ₦191,000 adds about ₦1,910,000 in bookings.
- Prices that follow demand. Ranked by price, the top quarter charge ₦305,000 a night or more, against a median of ₦191,000. That is a separate ranking from the busiest quarter, so the two marks don't multiply into one listing's takings. For the average listing, a 10% higher rate on the nights it already books adds about ₦1,160,000 a year.
- Open for the busy months. In a typical year, December brings the average listing about ₦3,730,000, against ₦1,520,000 in September, so a calendar that is open and full in the busy months carries the year.
- Reviews that stand out. Falomo listings average 4.69 stars, and 25% carry Airbnb's Guest Favorite badge, which guests can filter for.
What a listing keeps comes down to the figures this page measures: nightly rate, nights booked and the months it's open. A listing at the top-quarter mark takes in about ₦1,940,000 a month, against ₦1,000,000 for the average one.
Occupancy
What Is the Airbnb Occupancy Rate in Falomo?
Falomo listings were booked on 28% of the nights they were open over the past year, in line with the Lagos State average and 2 percentage points below the Nigeria average (30%). In a typical year, occupancy climbs to 46% in December and falls to 26% in September.
The busiest tenth of listings are booked about five times as often as the bottom quarter.
- Best-in-class properties (top 10%) are booked 70%+ of open nights, 44 points above the median.
- Strong performers (top 25%) fill 43% or more, roughly three nights a week.
- Typical properties (median) fill about 26% of open nights.
- Entry-level properties (bottom 25%) fill 14% or less, less than one night a week.
December is usually the busiest month in Falomo, September the quietest
Share of open nights booked, by month, September 2024 to August 2026
Monthly average 33% 49% 25%
The 12-month rate of 28% averages each listing's whole year, slow months included; each month here counts only the listings booked in it.
Nightly rates
How Much Does an Airbnb Cost per Night in Falomo?
The average nightly rate in Falomo, known as ADR (average daily rate), was ₦242,440 over the past year, about 65% above the Lagos State average of ₦147,000 and about 88% above the Nigeria average of ₦129,000. Averaged month by month over the past two years, rates peak in December at about ₦239,000 and bottom out in September and October at about ₦207,000.
Prices span a wide range: the top 10% charge about 3.3 times the rate of the bottom quarter.
- Best-in-class properties (top 10%) charge ₦410,000+ a night, about 2.1 times the median.
- Strong performers (top 25%) charge ₦305,000 or more, about ₦110,000 above the median.
- Typical properties (median) charge about ₦191,000 a night.
- Entry-level properties (bottom 25%) charge ₦126,000 or less, about two-thirds of the median.
December rates run 16% above September's
Average nightly rate (ADR), by month, September 2024 to August 2026
Monthly average ₦250,000 ₦200,000
The dashed line is the average of the months shown, ₦221,000. The 12-month ADR of ₦242,440 averages each listing's own rate across its whole year; the monthly points average listings month by month, so the two differ.
What Is the RevPAR for Airbnb in Falomo?
RevPAR, or revenue per available night, divides a listing's income by every night it was open to book, so it rises with both price and bookings. In Falomo it averaged ₦63,500 over the past year, from about ₦50,500 in a typical September to about ₦120,000 in a typical December.
Per open night, by tier:
- Best-in-class properties (top 10%) earn ₦129,000+ per open night, about 2.5 times the median.
- Strong performers (top 25%) earn ₦88,500 or more, about ₦37,000 a night above the median.
- Typical properties (median) earn about ₦51,400 per open night.
- Entry-level properties (bottom 25%) earn ₦32,600 or less, about two-thirds of the median.
December RevPAR is about 2.4 times September's
Revenue per open night (RevPAR), by month, September 2024 to August 2026
Monthly average ₦132,000 ₦39,600
The dashed line is the average of the months shown, ₦70,000. The 12-month RevPAR of ₦63,500 averages each listing's whole year, slow months included; each month here counts only the listings booked in it.
Seasonality
Best and Worst Months for Airbnb in Falomo
Falomo has two high seasons, July and November–December, which makes it a moderately seasonal market.
Average revenue by month in Falomo
Average revenue per active listing, each calendar month averaged over the past two years
Monthly average ₦3,730,000 ₦1,520,000
The dashed line is the average of the 12 calendar months, ₦2,130,000.
Revenue by month in Falomo in numbers
| Month | Season | Revenue per listing |
|---|---|---|
| January | Shoulder season | ₦2,050,000 |
| February | Low season | ₦1,880,000 |
| March | Low season | ₦1,570,000 |
| April | Shoulder season | ₦2,220,000 |
| May | Low season | ₦1,840,000 |
| June | Low season | ₦1,740,000 |
| July | High season | ₦2,340,000 |
| August | Shoulder season | ₦2,170,000 |
| September | Low season | ₦1,520,000 |
| October | Shoulder season | ₦2,160,000 |
| November | High season | ₦2,350,000 |
| December | High season | ₦3,730,000 |
| Season | Revenue per month | Occupancy | Nightly rate |
|---|---|---|---|
| High seasonNovember–December | ₦3,040,000 | 42% | ₦226,363 |
| High seasonJuly | ₦2,340,000 | 32% | ₦228,554 |
| Shoulder seasonJanuary, April, August, October | ₦2,150,000 | 34% | ₦219,592 |
| Low seasonFebruary–March, May–June, September | ₦1,710,000 | 29% | ₦218,273 |
Seasons are grouped by revenue per listing, so a better-paying season can fill fewer nights when higher rates carry it.
How Far in Advance Do Guests Book Airbnb in Falomo?
Guests book Falomo stays 28 days ahead on average (about four weeks). December stays are booked furthest out, about 59 days ahead, and March stays closest to arrival, about 12 days. A typical December booking is made in mid-October.
December stays are booked furthest ahead
Average days between booking and check-in, by month of stay, September 2024 to August 2026
Monthly average 22 days 66 days 10 days
The 12-month figure of 28 days averages each listing's year as a whole; each month here averages only the listings with stays in it.
Permits
Airbnb Permits and Registration in Falomo
None of the 75 active listings in Falomo display a registration, permit or license number. That doesn't mean no rules apply: some places don't ask hosts to show a number on the listing, and listing data doesn't capture every scheme.
Registration, permit, zoning and tourist-tax rules vary by address and change often, so confirm them with the local authority before buying or listing in Falomo.
Neighborhoods
Best Neighborhoods for Airbnb in Falomo
AirROI's area guide picks eight Falomo neighborhoods that draw short-term rental guests, led by Falomo, Victoria Island and Ikoyi. The picks reflect guest appeal, not earnings data or permit eligibility, so check local permit rules for a specific address before buying.
| Area | Who it suits | Landmarks nearby |
|---|---|---|
| Falomo | Central location in Lagos with proximity to major business districts and tourist attractions. Ideal for both business travelers and tourists seeking convenience and accessibility. | Lekki-Ikoyi Link Bridge, Nike Art Gallery, Falomo Shopping Centre, Ikoyi Lagos, Lagos Lagoon, Bespoke Centre |
| Victoria Island | Upscale area known for its vibrant nightlife, luxury hotels, and proximity to business hubs. Attracts both leisure and business travelers seeking high-end experiences. | Tarkwa Bay Beach, Eko Atlantic, Terra Kulture, Victoria Island Nightlife, Lekki Leisure Lake, Nike Art Gallery |
| Ikoyi | Luxurious residential area with upscale dining and shopping. Popular among wealthy travelers and expatriates looking for premium accommodation options. | Ikoyi Club 1938, Lekki-Ikoyi Link Bridge, National Museum Lagos, Atlas Restaurant, Landmark Beach |
| Lekki Phase 1 | Fast-growing neighborhood with modern residential developments and easy access to beaches. Attractive for tourists seeking a relaxed yet vibrant environment. | Lekki Conservation Centre, Elegushi Beach, Landmark Centre, Lekki Market, Lekki Leisure Lake |
| Marina | Business district with a mix of commercial and residential spaces. Convenient for business travelers and proximity to financial institutions. | Nigerian National Museum, Lagos Ocean Beach, Marina Road, Eko Atlantic, Tarkwa Bay Beach |
| Yaba | Tech hub and educational center. Young professionals and students frequent the area, making it appealing for budget travelers and digital nomads. | Yaba College of Technology, National Arts Theatre, Koolshade Cafe, Jibowu Shopping Complex, Cultural Centre |
| Surulere | Vibrant neighborhood with local markets and cultural attractions. Offers an authentic Lagos experience for budget-conscious travelers. | Stadium Complex, National Stadium, Surulere Market, Bode Thomas Street, Cultural Centre |
| Ojodu Berger | Emerging area with residential and commercial developments. Less touristy but offers unique local experiences for adventurous travelers. | Ojodu Market, Abuja-Lagos Expressway, Epe T Junction, Nature Park, Berger Bus Stop |
Area descriptions are AI-assisted from public sources and are not checked against zoning.
Listings
Falomo Airbnb Listings by Type and Size
Entire homes make up 76% of listings in Falomo, alongside 18 private-room listings (24%). Apartments and condos account for 80% of the stock; hotels, guesthouses and B&Bs come next at 16%.
Mostly entire homes, with a private-room segment
Falomo Airbnb listings by room type
- Entire home 76%
- Private room 24%
Room types in numbers
| Room type | Share of listings | Listings |
|---|---|---|
| Entire home | 76.0% | 57 |
| Private room | 24.0% | 18 |
Apartments dominate the property mix
Falomo Airbnb listings by property type
- Apartment/Condo 80%
- Hotel/Boutique 16%
- House 4%
Property types in numbers
| Property type | Share of listings | Listings |
|---|---|---|
| Apartment/Condo | 80.0% | 60 |
| Hotel/Boutique | 16.0% | 12 |
| House | 4.0% | 3 |
How Many Bedrooms Do Airbnb Listings in Falomo Have?
Most Falomo homes are built for groups: 53% of entire homes have three or more bedrooms, and three-bedroom homes are the most common size (40%). Shares are of the 57 entire homes that give a bedroom count; rented rooms are left out.
Falomo entire homes by number of bedrooms
Entire homes with each number of bedrooms, of those with a bedroom count on file
21%
26%
40%
12%
Bedroom counts in numbers
| Bedrooms | Share of entire homes with a bedroom count | Entire homes |
|---|---|---|
| 1 bedroom | 21.1% | 12 |
| 2 bedrooms | 26.3% | 15 |
| 3 bedrooms | 40.4% | 23 |
| 4 bedrooms | 12.3% | 7 |
What Each Home Size Earns in Falomo
A typical one-bedroom home in Falomo earned ₦11,900,000 over the past year, against ₦10,400,000 for a three-bedroom home.
| Home size | Listings | Typical annual revenue (median) | Average annual revenue | Avg. nightly rate | Occupancy |
|---|---|---|---|---|---|
| 1 bedroom | 12 | ₦11,900,000 | ₦13,900,000 | ₦142,367 | 38% |
| 2 bedrooms | 15 | ₦8,320,000 | ₦13,000,000 | ₦227,153 | 34% |
| 3 bedrooms | 23 | ₦10,400,000 | ₦14,600,000 | ₦362,855 | 25% |
How Many Guests Do Airbnbs in Falomo Sleep?
The most common capacity in Falomo is six guests (35% of listings), and 44% of listings sleep six or more. Shares are of the 68 listings with a guest capacity on file (91% of the market).
Falomo listings by guest capacity
Share of listings by the number of guests they sleep, of those with a capacity on file
34%
19%
3%
35%
1%
7%
Guest capacity in numbers
| Guest capacity | Share of listings with a capacity on file | Listings |
|---|---|---|
| 2 guests | 33.8% | 23 |
| 4 guests | 19.1% | 13 |
| 5 guests | 2.9% | 2 |
| 6 guests | 35.3% | 24 |
| 7 guests | 1.5% | 1 |
| 8+ guests | 7.4% | 5 |
How Falomo Airbnb Listings Are Set Up
Falomo hosts set up an average of 2.1 beds per listing, close to one bed per bedroom. Only 39% of listings show their exact location on the listing map; the rest show an approximate area.
- Photos per listing
- 15
- Beds per listing
- 2.1
- Show exact location
- 39%
What Amenities Do Airbnb Listings in Falomo Offer?
Pools are common in Falomo: 52% of listings have one, and 95% have a washer.
Share of Falomo listings with each common amenity
Guests
Who Books Airbnbs in Falomo?
Falomo runs on foreign visitors: 94% of guests who left reviews live outside Nigeria. The United States leads with 45% of reviewers, ahead of the United Kingdom at 26%. English is spoken by 65% of guests, and French by 16%.
94% of Falomo guests come from abroad
Where guests who left reviews live
- International 94%
- Domestic 6%
Where Falomo guests come from: top cities
Share of guests who left reviews
Top origin cities in numbers
| Origin city | Share of guests |
|---|---|
| London | 9.4% |
| Washington | 7.1% |
| New York | 4.7% |
| Abuja | 3.1% |
Where Falomo guests come from: top countries
Share of guests who left reviews
Top origin countries in numbers
| Origin country | Share of guests |
|---|---|
| United States | 44.5% |
| United Kingdom | 25.8% |
| Nigeria | 6.3% |
| Canada | 4.7% |
Languages spoken by Falomo guests
Share of guests who left reviews
Top languages in numbers
| Language | Share of guests |
|---|---|
| English | 64.9% |
| French | 16.0% |
| Spanish | 7.4% |
| German | 3.2% |
| Dutch | 2.1% |
What Are Airbnb Guest Ratings in Falomo?
Falomo Airbnbs average 4.69 stars, and 25% of listings hold Airbnb's Guest Favorite badge. Guests are toughest on value for money: it scores 4.61, against 4.83 for location.
Location scores highest in Falomo; value is lowest
Average guest rating out of 5 by category; the bars start at 4.0
Category scores in numbers
| Category | Average rating (out of 5) |
|---|---|
| Accuracy | 4.75 |
| Cleanliness | 4.70 |
| Communication | 4.78 |
| Location | 4.83 |
| Check-in | 4.79 |
| Value | 4.61 |
Booking patterns
How Guests Book in Falomo: Stays, Rules and Fees
About nine in ten Falomo listings are open to guests more than 180 days a year, but only 9% are booked or blocked that many days. The most common booked-or-blocked total is 1 to 30 days a year, covering 44% of listings; blocked nights include any the host closes off.
Days a year Falomo listings are open to guests
Share of listings by days a year
- 271-366 days 79%
- 181-270 days 12%
- 91-180 days 9%
Open days in numbers
| Days a year | Share of listings | Listings |
|---|---|---|
| 271-366 days | 78.7% | 59 |
| 181-270 days | 12.0% | 9 |
| 91-180 days | 9.3% | 7 |
Days a year Falomo listings are booked or blocked
Share of listings by days a year
- 181-270 days 9%
- 91-180 days 12%
- 31-90 days 35%
- 1-30 days 44%
Booked or blocked days in numbers
| Days a year | Share of listings | Listings |
|---|---|---|
| 181-270 days | 9.3% | 7 |
| 91-180 days | 12.0% | 9 |
| 31-90 days | 34.7% | 26 |
| 1-30 days | 44.0% | 33 |
What Is the Average Length of Stay for Airbnb in Falomo?
The average Falomo booking lasts 6.7 nights, longest in December and shortest in April. Listings took about 8 bookings each over the year. More than six in ten listings that give a check-in time set it at 3 p.m.; check-out is split almost evenly between 11 a.m. and noon.
Average length of stay by month in Falomo
Average nights per booking, by month of stay
Average 6.4 nights 8.6 nights 5.2 nights
Two-year average by calendar month.
Falomo Airbnb Minimum Stay Requirements
More than eight in ten listings in Falomo accept stays of one or two nights.
Minimum stay set by Falomo listings
Share of listings by the shortest stay they accept, from one night to 30 or more
What Cancellation Policies Do Airbnb Hosts Use in Falomo?
Flexible is the most common cancellation policy in Falomo, used by 39% of listings; it refunds guests in full if they cancel at least a day before check-in. Hosts here lean flexible: about three-quarters of listings offer Flexible or Moderate terms, against 15% on Firm or stricter ones.
Cancellation policies of Falomo listings, from most to least flexible
Share of listings by the policy they use
How Much Are Airbnb Cleaning Fees in Falomo?
More than four in ten Falomo listings charge a cleaning fee. The typical fee is ₦35,828, and some higher fees lift the average to ₦61,166. Spread over the average stay of 6.7 nights, that adds roughly ₦5,345 a night to what guests pay. For listings that charge one, cleaning fees make up about 3% of gross revenue.
- Median cleaning fee
- ₦35,828
- Average cleaning fee
- ₦61,166
- Listings charging a fee
- 41.3%
- Share of gross revenue
- 3.2%
Top earners
Top-Earning Airbnbs and Hosts in Falomo
The top-grossing Airbnb in Falomo, a three-bedroom home, took in ₦56,000,000 over the past year, about 4.7 times the city's average of ₦12,000,000. Three of the six listings below have two bedrooms or fewer, so size alone doesn't explain the top of this market.
Beautifully furnished 3 bedroom apartment, Ikoyi. Entire home · 3 bedrooms Rated 4.90 
Mustard - Sleek 2BR Apt W/Pool/Gym in Ikoyi Entire home · 2 bedrooms Rated 4.96 - Revenue
- ₦42.2M
- Occupancy
- 62.9%
- Daily rate
- ₦182,150
Saint Homes | Modern Lux 3 Bed (Ikoyi, Lagos) Entire home · 3 bedrooms Rated 4.79 - Revenue
- ₦39.9M
- Occupancy
- 43.4%
- Daily rate
- ₦234,847
Cascade- Stylish 2BR Apt W/Pool/Gym in Ikoyi Entire home · 2 bedrooms Rated 5.00 - Revenue
- ₦38.5M
- Occupancy
- 47.0%
- Daily rate
- ₦183,620
Zen - Serene 1BR Loft W/Pool/Gym in Ikoyi. Entire home · 1 bedroom Rated 4.93 - Revenue
- ₦35.9M
- Occupancy
- 70.0%
- Daily rate
- ₦133,724
Luxury Serviced Apartment in Ikoyi w/ Patio, Wi-Fi Entire home · 3 bedrooms Rated 3.33 - Revenue
- ₦35.2M
- Occupancy
- 26.5%
- Daily rate
- ₦821,248
Who Are the Airbnb Hosts in Falomo?
Only 3% of Falomo listings are classed as professionally managed, though 49% of listings have a co-host. Superhosts run 35% of listings. Airbnb's Simplified Pricing, where the host pays the whole service fee and guests see one price with no separate Airbnb charge, covers 73% of listings.
- Superhosts
- 34.7%
- Professional management
- 2.7%
- Cohosted listings
- 49.3%
- Instant Book enabled
- 40.0%
- Simplified Pricing
- 73.3%
Nearby markets
Falomo vs. Nearby Airbnb Markets
Falomo out-earns every one of the eight nearby markets in the table, all within 9 km; the best of them, Itirin, averaged about 22% less per listing. Lagos, Igboefon and Lekki were the busiest, each booked on 32% of nights against 28% in Falomo.
| Market | Listings | Avg. annual revenue | Avg. nightly rate | Occupancy |
|---|---|---|---|---|
| Itirin 2 km | 72 | ₦9,340,152 | ₦170,239 | 31% |
| Ilado 4 km | 110 | ₦6,359,516 | ₦152,711 | 26% |
| Moba 5 km | 124 | ₦9,145,852 | ₦165,582 | 30% |
| Ikate 6 km | 104 | ₦7,590,079 | ₦153,813 | 26% |
| Lagos 8 km | 804 | ₦6,844,576 | ₦133,446 | 32% |
| Igboefon 8 km | 58 | ₦6,992,023 | ₦119,184 | 32% |
| Lekki 8 km | 607 | ₦6,439,441 | ₦137,691 | 32% |
| Ojomu 9 km | 41 | ₦6,027,416 | ₦138,366 | 26% |
Other Airbnb Markets in Lagos State
- Ikeja Airbnb data 252 listings
- Ikota Airbnb data 40 listings
FAQ
Falomo Airbnb FAQ
How much do Airbnb hosts make in Falomo?
An active Falomo Airbnb grossed ₦11,964,508 on average in the 12 months to September 2026, according to AirROI's tracking of 75 active listings. That is before cleaning, management, taxes and financing. Busier, better-run listings do far better: the top quarter took in ₦2,960,000 or more in a typical month.
How much can I make on Airbnb in Falomo?
It depends most on the home's size, location and how it's run. The middle half of Falomo listings earn between ₦776,000 and ₦2,960,000 in a typical month, and the top tenth ₦4,020,000 or more. For one home, enter its address and bedroom count in the Airbnb calculator: it compares the home with similar listings nearby.
What is the average Airbnb occupancy rate in Falomo?
Listings in Falomo were booked on 28% of available nights over the past year. That compares with 29% for the Lagos State average. December is usually the busiest month.
How much does an Airbnb cost per night in Falomo?
The average booked night in Falomo cost ₦242,440 before fees. Half of listings charge between ₦126,000 and ₦305,000, so bedroom count and location move the price more than the average suggests.
Do you need a permit for an Airbnb in Falomo?
None of the active Falomo listings display a registration, permit or license number. That doesn't mean no rules apply, so confirm registration, permit and tourist-tax rules with the local authority before buying.
Is Airbnb profitable in Falomo?
Yes, when it's run well. The average Falomo Airbnb grossed ₦11,964,508 in the 12 months to September 2026, 54% above the Lagos State average of ₦7,785,757. Run by its owner, with the cleaning fee covering the cleaner and everyday costs for Airbnb's fee, utilities, supplies, upkeep and insurance, ₦8,744,508 a year (about ₦730,000 a month) is left before the mortgage or rent. A home that costs less than that to own or rent makes a profit, and a listing at the top-quarter mark leaves about ₦1,430,000 a month. Check a specific home in the Airbnb estimator.
When is Airbnb peak season in Falomo?
December usually pays best, averaging ₦3,730,000 per active listing over the past two years, and September usually pays least. The month-by-month table above shows how the latest 12 months played out.
What is the Airbnb RevPAR in Falomo?
Each night a Falomo listing was open to book earned ₦63,500 on average over the past year, booked or not. That figure, revenue per available night (RevPAR), folds price and occupancy into one number; the top 10% of listings made ₦129,000 or more.
How far in advance do guests book Airbnbs in Falomo?
Falomo stays were booked 28 days (about four weeks) before arrival on average over the past year, so most of a month is booked well before it starts.
How long do guests stay at Airbnbs in Falomo?
The average Falomo Airbnb stay lasted 6.7 nights over the past year. A listing took 8 reservations over the year on average.
How are Airbnbs in Falomo rated?
Guests rate Falomo Airbnbs 4.69 out of 5 on average. Guests score location highest and value lowest.
What are the best neighborhoods for Airbnb in Falomo?
Falomo, Victoria Island and Ikoyi draw the most short-term rental interest in Falomo. The neighborhood guide explains what brings guests to each.
How many Airbnbs are there in Falomo?
AirROI counted 75 active Airbnb listings in Falomo as of September 2026. The closest tracked market is Itirin, 2 km away.
How much are Airbnb cleaning fees in Falomo?
In Falomo, more than four in ten listings add a cleaning fee. The median fee is ₦35,828, and some higher fees lift the average to ₦61,166.
Method
About This Data
Figures on this page cover 75 active Airbnb listings in Falomo from October 2025 to September 2026 (trailing twelve months). AirROI refreshes them monthly from listing-level booking and calendar data covering 20+ million properties worldwide. AirROI measures bookings in US dollars; this page shows them in Nigerian nairas at ₦1,378 per US$, the typical rate from October 2025 to September 2026. Annual revenue averages every listing active during the period, including those listed for only part of it; monthly figures average the listings active in each month; the tier lists show the spread. Neighborhood descriptions are AI-assisted. See the methodology for definitions.
Need this programmatically? The same metrics are available through the AirROI Airbnb Data API and bulk downloads in the data portal.