Airbnb market data · 202512 months to October 2025
Ibeju, Nigeria Airbnb Market Data: Revenue, Occupancy & Trends
The average Airbnb in Ibeju brought in ₦16,497,000 over the 12 months through October 2025, across just 18 active listings, so a single property can move that figure.
AirROI's latest figures for Ibeju run through October 2025.
The short answer
Ibeju Airbnb Market at a Glance
Listings averaged ₦149,615 a night and were booked on 38% of available nights.
Timing matters: in November, the best month, the average listing earned about 2.5 times as much as in March, the slowest. With only 18 active listings, a few bookings can reorder the months.
With 18 active listings, Ibeju is the 17th-largest of 17 Lagos State markets AirROI tracks.
Browse the live Ibeju Airbnb market See Every Ibeju ListingRevenue
How Much Do Airbnb Hosts Make in Ibeju?
Gross bookings per Ibeju listing averaged ₦16,497,000 over the 12 months to October 2025 (Lagos State average: ₦7,785,757), before cleaning, platform and management costs and taxes.
The average Ibeju listing brought in ₦3,870,000 in November, its best month, and ₦1,570,000 in March, its slowest. The three strongest months bring in 35% of a full year's revenue, where an even calendar would give any three months 25%.
Across Ibeju's 18 active listings, monthly revenue by tier:
- Best-in-class properties (top 10%) earn ₦6,330,000+ a month, about 4.7 times the typical property.
- Strong performers (top 25%) earn ₦3,250,000 or more, roughly ₦1,900,000 a month above the median.
- Typical properties (median) earn about ₦1,340,000 a month.
- Entry-level properties (bottom 25%) earn ₦659,000 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.
November earned about 2.5 times what March did
Average revenue per active listing, by month
The dashed line is the average of the months shown, ₦2,420,000.
Ibeju Airbnb Data by Month
Latest 12 months in the October 2025 data.
November led on revenue, while nightly rates and bookings both peaked in June.
| Month | Avg. Revenue | Occupancy | Avg. Nightly Rate | Booking Lead Time |
|---|---|---|---|---|
| Nov 2024 | ₦3,873,586 | 61.1% | ₦130,345 | 68 days |
| Dec 2024 | ₦3,346,338 | 51.9% | ₦134,591 | 56 days |
| Jan 2025 | ₦2,296,132 | 40.9% | ₦131,090 | 38 days |
| Feb 2025 | ₦1,971,306 | 39.3% | ₦128,054 | 29 days |
| Mar 2025 | ₦1,566,055 | 34.3% | ₦126,457 | 12 days |
| Apr 2025 | ₦2,181,014 | 42.4% | ₦128,192 | 22 days |
| May 2025 | ₦1,818,284 | 51.3% | ₦130,885 | 21 days |
| Jun 2025 | ₦3,101,763 | 64.4% | ₦139,499 | 30 days |
| Jul 2025 | ₦2,855,237 | 43.4% | ₦135,421 | 44 days |
| Aug 2025 | ₦1,997,288 | 40.0% | ₦134,483 | 25 days |
| Sep 2025 | ₦1,894,591 | 30.8% | ₦134,488 | 46 days |
| Oct 2025 | ₦2,188,739 | 31.5% | ₦135,061 | 40 days |
Averages per active listing in each month. Highlighted: the highest-revenue month. Booking lead time is the days between booking and check-in for stays in that month.
The typical Ibeju listing earns about ₦1,340,000 a month, but one property can land well above or below that. The Airbnb calculator gives a range for a specific address, built from the comparable listings around it.
Profit
Is an Airbnb in Ibeju Profitable?
Yes, when it's run well. The average Ibeju Airbnb took in ₦16,497,000 in the 12 months to October 2025, and run by its owner at everyday costs, about ₦1,000,000 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 ₦2,460,000 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.
Ibeju Airbnb Income, Expenses and Profit per Year
| Line | Average listing | Top-quarter listing |
|---|---|---|
| Money in | ||
| Gross bookings | ₦16,497,000 | ₦39,890,000 |
| Running costs | ||
| Airbnb's fee15.5% of bookings, Airbnb's standard host-only fee | −₦2,560,000 | −₦6,180,000 |
| Utilities and internetAbout 5% of bookings | −₦820,000 | −₦1,990,000 |
| Guest suppliesToiletries, coffee, paper goods: about 2% | −₦330,000 | −₦800,000 |
| Repairs and upkeepIncluding linens and small replacements: about 3% | −₦490,000 | −₦1,200,000 |
| Short-term rental insuranceOne policy, on top of Airbnb's free AirCover | −₦160,000 | −₦160,000 |
| Permit and registrationWhere one is required | −₦80,000 | −₦80,000 |
| 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 27% of bookings | −₦4,440,000 | −₦10,410,000 |
| Left for housing costs, then profit | ₦12,057,000about ₦1,000,000 a month | ₦29,480,000about ₦2,460,000 a month |
| Housing costs | ||
| Mortgage or rent, property tax, home insurance, building or condo fees | Depend on the home | |
Estimate Your Own Ibeju Airbnb Profit
The estimate starts from Ibeju'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 Ibeju 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 Ibeju's Top Earners Get There
- More nights booked. The busiest quarter of Ibeju listings are booked on 62% or more of their nights, against 42% for the median listing. Ten more booked nights a year at the median rate of ₦115,000 adds about ₦1,150,000 in bookings.
- Prices that follow demand. Ranked by price, the top quarter charge ₦172,000 a night or more, against a median of ₦115,000. 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 ₦1,650,000 a year.
- Open for the busy months. November brought the average listing about ₦3,870,000, against ₦1,570,000 in March, so a calendar that is open and full in the busy months carries the year.
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 ₦3,320,000 a month, against ₦1,370,000 for the average one.
Occupancy
What Is the Airbnb Occupancy Rate in Ibeju?
Ibeju listings were booked on 38% of the nights they were open over the past year, 9 percentage points above the Lagos State average (29%) and 8 points above the Nigeria average (30%). Occupancy swings from 31% in September to 64% in June.
Across Ibeju's 18 active listings, the share of open nights booked by tier:
- Best-in-class properties (top 10%) are booked 76%+ of open nights, 34 points above the median.
- Strong performers (top 25%) fill 62% or more, roughly four nights a week.
- Typical properties (median) fill about 42% of open nights.
- Entry-level properties (bottom 25%) fill 23% or less, under two nights a week.
June was the busiest month in Ibeju, September the quietest
Share of open nights booked, by month
The 12-month rate of 38% 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 Ibeju?
The average nightly rate in Ibeju, known as ADR (average daily rate), was ₦149,615 over the past year, about the same as the Lagos State average (₦147,000) and about 16% above the Nigeria average of ₦129,000. Averaged month by month, rates peak in June at about ₦139,000 and bottom out in February and March at about ₦126,000.
Across Ibeju's 18 active listings, nightly rates by tier:
- Best-in-class properties (top 10%) charge ₦253,000+ a night, about 2.2 times the median.
- Strong performers (top 25%) charge ₦172,000 or more, about ₦57,000 above the median.
- Typical properties (median) charge about ₦115,000 a night.
- Entry-level properties (bottom 25%) charge ₦66,000 or less, about 57% of the median.
June rates ran 10% above March's
Average nightly rate (ADR), by month
The dashed line is the average of the months shown, ₦132,000. The 12-month ADR of ₦149,615 averages each listing's own rate across its whole year; the monthly points average listings month by month, so the two differ.
Seasonality
Best and Worst Months for Airbnb in Ibeju
With only 18 active listings, the monthly pattern in Ibeju is noisy, since a few long or pricey stays can lift a month; revenue peaked in November and bottomed out in March.
How Far in Advance Do Guests Book Airbnb in Ibeju?
Guests book Ibeju stays 25 days ahead on average (about four weeks). November stays are booked furthest out, about 68 days ahead, and March stays closest to arrival, about 12 days. A typical November booking is made in early September.
November stays are booked furthest ahead
Average days between booking and check-in, by month of stay
The 12-month figure of 25 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 Ibeju
None of the 18 active listings in Ibeju 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 Ibeju.
Neighborhoods
Best Neighborhoods for Airbnb in Ibeju
AirROI's area guide picks eight Ibeju neighborhoods that draw short-term rental guests, led by Lekki Free Trade Zone, Epe and Lakowe Lakes. 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 |
|---|---|---|
| Lekki Free Trade Zone | A rapidly growing area with government backing for trade and investment. Ideal for travelers conducting business or looking for a stay near major development projects. | Lekki Lagoon, Lekki Conservation Centre, Elegushi Beach, Tarkwa Bay Beach |
| Epe | A developing town known for its serene environment and cultural heritage. Great for tourists wanting to explore local Nigerian culture and the rich history of Lagos. | Epe Fish Market, Epe Resort and Spa, Tarkwa Bay, Lekki Leisure Lake |
| Lakowe Lakes | An upscale residential area with a golf course and tourist amenities. Popular for short getaways and retreats, attracting leisure travelers and family vacations. | Lakowe Lakes Golf & Country Estate, Resort facilities, Water sports activities |
| Elegushi Beach | Famous for its vibrant nightlife, beach bars, and events. A must-visit destination for tourists looking to unwind and socialize by the beach. | Beach clubs, Live music events, Water sports, Gastronomic experiences |
| Lekki Phase 1 | An affluent area in Lagos with a mix of residential and commercial properties. Popular among expatriates and wealthy Nigerians, ideal for upscale Airbnb listings. | Elegushi Beach, Nike Art Gallery, Lekki Market |
| VGC (Victoria Garden City) | A secure and serene residential area with excellent amenities. Suitable for families and digital nomads seeking comfort and safety. | Shopping malls, Parks, Local restaurants |
| Atican Beach Resort | A popular beachfront resort that attracts both locals and tourists for relaxation and recreational activities, ideal for holiday rentals. | Beach activities, Swimming pool facilities, Dining options |
| NOVA City | An emerging urban area that combines modern living and close proximity to natural attractions. Perfect for young travelers and visitors looking for convenience. | Shopping centers, Cultural events, Outdoor activities |
Area descriptions are AI-assisted from public sources and are not checked against zoning.
Nearby markets
Ibeju vs. Nearby Airbnb Markets
Ibeju out-earns every one of the eight nearby markets in the table, all within 10 km; the best of them, Itirin, averaged about 43% less per listing. None of them fills more nights than Ibeju (38%); the busiest, Lekki and Igboefon, each reached 32%.
| Market | Listings | Avg. annual revenue | Avg. nightly rate | Occupancy |
|---|---|---|---|---|
| Ojomu 2 km | 41 | ₦6,027,416 | ₦138,366 | 26% |
| Lekki 2 km | 607 | ₦6,439,441 | ₦137,691 | 32% |
| Ikota 3 km | 40 | ₦5,552,002 | ₦123,856 | 28% |
| Igboefon 3 km | 58 | ₦6,992,023 | ₦119,184 | 32% |
| Ikate 5 km | 104 | ₦7,590,079 | ₦153,813 | 26% |
| Moba 6 km | 124 | ₦9,145,852 | ₦165,582 | 30% |
| Ilado 7 km | 110 | ₦6,359,516 | ₦152,711 | 26% |
| Itirin 10 km | 72 | ₦9,340,152 | ₦170,239 | 31% |
Other Airbnb Markets in Lagos State
- Ikeja Airbnb data 252 listings
- Falomo Airbnb data 75 listings
FAQ
Ibeju Airbnb FAQ
How much do Airbnb hosts make in Ibeju?
An active Ibeju Airbnb grossed ₦16,497,000 on average in the 12 months to October 2025, according to AirROI's tracking of 18 active listings. That is before cleaning, management, taxes and financing. Busier, better-run listings do far better: the top quarter took in ₦3,250,000 or more in a typical month.
How much can I make on Airbnb in Ibeju?
It depends most on the home's size, location and how it's run. The middle half of Ibeju listings earn between ₦659,000 and ₦3,250,000 in a typical month, and the top tenth ₦6,330,000 or more. For one home, enter its address and bedroom count in the Airbnb income calculator: it compares the home with similar listings nearby.
What is the average Airbnb occupancy rate in Ibeju?
Listings in Ibeju were booked on 38% of available nights over the past year. That compares with 29% for the Lagos State average. June was the busiest month.
How much does an Airbnb cost per night in Ibeju?
The average booked night in Ibeju cost ₦149,615 before fees. Half of listings charge between ₦66,000 and ₦172,000, so bedroom count and location move the price more than the average suggests.
Do you need a permit for an Airbnb in Ibeju?
None of the active Ibeju 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 Ibeju?
Yes, when it's run well. The average Ibeju Airbnb grossed ₦16,497,000 in the 12 months to October 2025, at about 2.1 times the Lagos State average of ₦7,785,757, though with only 18 active listings a single property can move that figure. Run by its owner, with everyday costs for Airbnb's fee, utilities, supplies, upkeep and insurance, ₦12,057,000 a year (about ₦1,000,000 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 ₦2,460,000 a month. Check a specific home in the Airbnb estimator.
When is Airbnb peak season in Ibeju?
November paid best over the past year, at ₦3,870,000 per active listing, and March paid least. The month-by-month table above shows how rates and bookings each move.
How far in advance do guests book Airbnbs in Ibeju?
Ibeju stays were booked 25 days (about four weeks) before arrival on average over the past year, so most of a month is booked well before it starts.
What are the best neighborhoods for Airbnb in Ibeju?
Lekki Free Trade Zone, Epe and Lakowe Lakes draw the most short-term rental interest in Ibeju. The neighborhood guide explains what brings guests to each.
How many Airbnbs are there in Ibeju?
AirROI counted 18 active Airbnb listings in Ibeju as of October 2025. The closest tracked market is Ojomu, 2 km away.
Method
About This Data
Figures on this page cover 18 active Airbnb listings in Ibeju from November 2024 to October 2025 (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.