Bezalel Apartment II_Lekki (3Beds+Pool+24/7 Light) Entire home · 3 bedrooms Rated 4.88 - Revenue
- ₦26.1M
- Occupancy
- 60.6%
- Daily rate
- ₦143,313
Airbnb market data · 202612 months to September 2026
The average Airbnb in Igboefon brought in ₦6,992,617 over the 12 months through September 2026, about 10% less than the Lagos State average of ₦7,785,757.
The short answer
Igboefon is cheaper but busier than the Lagos State average. Listings averaged ₦119,190 a night and were booked on 32% 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 2.2 times as much as in October, usually the slowest.
With 58 active listings, Igboefon is the seventh-largest of 17 Lagos State markets AirROI tracks. From a year earlier, average revenue rose 24% while the number of active listings shrank 8%.
Browse the live Igboefon Airbnb market See Every Igboefon ListingRevenue
Gross bookings per Igboefon listing averaged ₦6,992,617 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 Igboefon listing brings in ₦1,850,000 in December, its best month, and ₦853,000 in October, its slowest. September runs within 2% of October, 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 3.5 times as much as a bottom-quarter one.
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 2.2 times what October does
Average revenue per active listing, by month, September 2024 to August 2026
The dashed line is the average of the months shown, ₦1,100,000. 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.
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 and bookings; nightly rates peaked in June 2026.
| Month | Avg. Revenue | Occupancy | Avg. Nightly Rate | RevPAR | Booking Lead Time | Avg. Length of Stay |
|---|---|---|---|---|---|---|
| Sep 2025 | ₦915,458 | 35.3% | ₦126,793 | ₦30,515 | 8 days | 5.3 nights |
| Oct 2025 | ₦854,476 | 27.5% | ₦126,797 | ₦27,564 | 14 days | 5.8 nights |
| Nov 2025 | ₦803,810 | 27.0% | ₦127,653 | ₦26,794 | 26 days | 7.3 nights |
| Dec 2025 | ₦1,910,796 | 46.9% | ₦136,870 | ₦61,639 | 62 days | 7.8 nights |
| Jan 2026 | ₦1,210,615 | 30.8% | ₦134,802 | ₦39,052 | 31 days | 7.3 nights |
| Feb 2026 | ₦1,108,540 | 35.7% | ₦126,846 | ₦39,591 | 9 days | 7 nights |
| Mar 2026 | ₦1,042,629 | 33.3% | ₦126,973 | ₦33,633 | 25 days | 6.4 nights |
| Apr 2026 | ₦1,338,361 | 37.9% | ₦128,749 | ₦44,612 | 17 days | 7.3 nights |
| May 2026 | ₦1,459,838 | 39.5% | ₦135,898 | ₦47,092 | 17 days | 8.8 nights |
| Jun 2026 | ₦1,414,059 | 36.1% | ₦137,021 | ₦47,135 | 17 days | 9.3 nights |
| Jul 2026 | ₦1,535,234 | 37.4% | ₦136,610 | ₦49,524 | 17 days | 7.8 nights |
| Aug 2026 | ₦1,260,092 | 32.7% | ₦136,833 | ₦40,648 | 34 days | 6.2 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.
The typical Igboefon listing earns about ₦1,010,000 a month, but one property can land well above or below that. The Airbnb revenue calculator gives a range for a specific address, built from the comparable listings around it.
Profit
Yes, when it's run well. The average Igboefon Airbnb took in ₦6,992,617 in the 12 months to September 2026, an average that counts every active listing, including those open only part of the year. A listing in the top quarter took in about ₦11,921,000, and run by its owner at everyday costs, about ₦738,000 a month of that is left after running costs, so a home that costs less than that to own or rent makes money.
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.
| Line | Average listing | Top-quarter listing |
|---|---|---|
| Money in | ||
| Nightly bookings | ₦6,784,617 | ₦11,567,000 |
| Cleaning fees guests pay3% of Igboefon bookings | ₦208,000 | ₦354,000 |
| Gross bookings | ₦6,992,617 | ₦11,921,000 |
| Running costs | ||
| Airbnb's feeAbout 12%: 15.5% for the 71% of Igboefon listings on Simplified Pricing, 3% for the rest | −₦828,000 | −₦1,411,000 |
| Cleaning and laundryPaid for by the cleaning fee; ₦0 if you clean yourself | −₦208,000 | −₦354,000 |
| Utilities and internetAbout 5% of bookings | −₦350,000 | −₦596,000 |
| Guest suppliesToiletries, coffee, paper goods: about 2% | −₦140,000 | −₦238,000 |
| Repairs and upkeepIncluding linens and small replacements: about 3% | −₦210,000 | −₦358,000 |
| Short-term rental insuranceOne policy, on top of Airbnb's free AirCover | −₦70,000 | −₦70,000 |
| Permit and registrationWhere one is required | −₦35,000 | −₦35,000 |
| 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 23% of bookings, plus cleaning paid for by the cleaning fee | −₦1,841,000 | −₦3,062,000 |
| Left for housing costs, then profit | ₦5,151,617about ₦429,000 a month | ₦8,859,000about ₦738,000 a month |
| Housing costs | ||
| Mortgage or rent, property tax, home insurance, building or condo fees | Depend on the home | |
The estimate starts from Igboefon'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 Igboefon 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.
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 ₦993,000 a month, against ₦583,000 for the average one.
Occupancy
Igboefon listings were booked on 32% of the nights they were open over the past year, 3 percentage points above the Lagos State average (29%) and 2 points above the Nigeria average (30%). In a typical year, occupancy climbs to 50% in December and falls to 28% in November.
The busiest tenth of listings are booked about 3.8 times as often as the bottom quarter.
December is usually the busiest month in Igboefon, November the quietest
Share of open nights booked, by month, September 2024 to August 2026
Nightly rates
The average nightly rate in Igboefon, known as ADR (average daily rate), was ₦119,190 over the past year, about 19% below the Lagos State average of ₦147,000 and about 8% below the Nigeria average of ₦129,000. Averaged month by month over the past two years, rates barely change through the year, staying between about ₦125,000 and ₦135,000.
The top 10% charge about 2.2 times the rate of the bottom quarter.
Average nightly rate by month in Igboefon
Average nightly rate (ADR), by month, September 2024 to August 2026
The dashed line is the average of the months shown, ₦130,000. The 12-month ADR of ₦119,190 averages each listing's own rate across its whole year; the monthly points average listings month by month, so the two differ.
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 Igboefon it averaged ₦37,900 over the past year, from about ₦27,500 in a typical October to about ₦59,800 in a typical December.
Per open night, by tier:
December RevPAR is about 2.2 times October's
Revenue per open night (RevPAR), by month, September 2024 to August 2026
The dashed line is the average of the months shown, ₦36,200.
Seasonality
Igboefon has two high seasons, May–July and December–January, which makes it a moderately seasonal market. Business is slowest from August to November and slows again in February and March.
Average revenue by month in Igboefon
Average revenue per active listing, each calendar month averaged over the past two years
The dashed line is the average of the 12 calendar months, ₦1,100,000.
| Month | Season | Revenue per listing |
|---|---|---|
| January | High season | ₦1,200,000 |
| February | Low season | ₦900,000 |
| March | Low season | ₦916,000 |
| April | Shoulder season | ₦1,100,000 |
| May | High season | ₦1,220,000 |
| June | High season | ₦1,220,000 |
| July | High season | ₦1,260,000 |
| August | Low season | ₦999,000 |
| September | Low season | ₦864,000 |
| October | Low season | ₦853,000 |
| November | Low season | ₦865,000 |
| December | High season | ₦1,850,000 |
| Season | Revenue per month | Occupancy | Nightly rate |
|---|---|---|---|
| High seasonDecember–January | ₦1,530,000 | 42% | ₦133,193 |
| High seasonMay–July | ₦1,230,000 | 34% | ₦131,414 |
| Shoulder seasonApril | ₦1,100,000 | 34% | ₦125,504 |
| Low seasonFebruary–March, August–November | ₦899,000 | 30% | ₦128,565 |
Guests book Igboefon stays 30 days ahead on average (about four weeks). December stays are booked furthest out, about 45 days ahead, and September stays closest to arrival, about 8 days. A typical December booking is made in late October.
December stays are booked furthest ahead
Average days between booking and check-in, by month of stay, September 2024 to August 2026
The 12-month figure of 30 days averages each listing's year as a whole; each month here averages only the listings with stays in it.
Permits
None of the 58 active listings in Igboefon 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 Igboefon.
Neighborhoods
AirROI's area guide picks six Igboefon neighborhoods that draw short-term rental guests, led by Victoria Island, Lekki Phase 1 and Yaba. 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 |
|---|---|---|
| Victoria Island | One of the most affluent areas in Lagos known for its vibrant nightlife, business hubs, and luxury hotels. Ideal for international tourists and business travelers. | Lekki-Ikoyi Link Bridge, Nike Art Gallery, Elegushi Beach, Landmark Beach, Victoria Island Mall |
| Lekki Phase 1 | A rapidly growing residential and commercial area known for its beautiful beaches and upscale amenities. Perfect for families and young professionals. | Lekki Leisure Lake, Lekki Conservation Centre, Elegushi Royal Dining, Tarkwa Bay Beach |
| Yaba | A bustling educational and tech hub, attracting students and young professionals. Great for short-term stays and cultural experiences. | Yaba College of Technology, National Museum of Unity, Jibowu Market, Tech hubs and startups |
| Surulere | A vibrant suburb known for its sports culture and local entertainment. Affordable accommodations and a true Lagos experience. | National Stadium Lagos, Teslim Balogun Stadium, Baba Suwe's House, local markets |
| Ikoyi | A prestigious residential area with luxury apartments and scenic views. Popular among expats and affluent travelers. | Ikoyi Club 1938, Lekki-Ikoyi Link Bridge, Nike Art Gallery |
| Badagry | Known for its historical significance and beautiful beaches, ideal for eco-tourism and history enthusiasts. A less commercialized area with charm. | Badagry Heritage Museum, Point of No Return, The Slave Route, Badagry Beach |
Area descriptions are AI-assisted from public sources and are not checked against zoning.
Listings
Almost every Airbnb in Igboefon is an entire home: 98% of listings, with private rooms at 2%. Apartments and condos account for 93% of the stock; houses come next at 7%.
Nearly all listings rent the whole place
Igboefon Airbnb listings by room type
| Room type | Share of listings | Listings |
|---|---|---|
| Entire home | 98.3% | 57 |
| Private room | 1.7% | 1 |
Apartments dominate the property mix
Igboefon Airbnb listings by property type
| Property type | Share of listings | Listings |
|---|---|---|
| Apartment/Condo | 93.1% | 54 |
| House | 6.9% | 4 |
Two-bedroom homes are the most common size in Igboefon (40% of entire homes), followed by three-bedroom homes (25%).
Igboefon entire homes by number of bedrooms
Entire homes with each number of bedrooms
| Bedrooms | Share of entire homes | Entire homes |
|---|---|---|
| Studio | 10.5% | 6 |
| 1 bedroom | 21.1% | 12 |
| 2 bedrooms | 40.4% | 23 |
| 3 bedrooms | 24.6% | 14 |
| 4 bedrooms | 1.8% | 1 |
| 5+ bedrooms | 1.8% | 1 |
A typical one-bedroom home in Igboefon earned ₦3,200,000 over the past year, against ₦3,050,000 for a three-bedroom home.
| Home size | Listings | Typical annual revenue (median) | Average annual revenue | Avg. nightly rate | Occupancy |
|---|---|---|---|---|---|
| 1 bedroom | 12 | ₦3,200,000 | ₦5,280,000 | ₦82,062 | 30% |
| 2 bedrooms | 23 | ₦3,840,000 | ₦6,850,000 | ₦120,459 | 32% |
| 3 bedrooms | 14 | ₦3,050,000 | ₦8,020,000 | ₦152,985 | 30% |
Most Igboefon listings are sized for couples and small families: 64% sleep four guests or fewer, and just 5% take eight or more.
Igboefon listings by guest capacity
Share of listings by the number of guests they sleep
| Guest capacity | Share of listings | Listings |
|---|---|---|
| 2 guests | 24.1% | 14 |
| 3 guests | 5.2% | 3 |
| 4 guests | 34.5% | 20 |
| 5 guests | 6.9% | 4 |
| 6 guests | 20.7% | 12 |
| 7 guests | 3.4% | 2 |
| 8+ guests | 5.2% | 3 |
Igboefon hosts set up an average of 2.1 beds per listing, close to one bed per bedroom. Only 41% of listings show their exact location on the listing map; the rest show an approximate area.
Washers are close to standard in Igboefon: 95% of listings have one, and 90% have a dedicated workspace.
Share of Igboefon listings with each common amenity
Guests
Igboefon runs on foreign visitors: nine in ten guests who left reviews live outside Nigeria. The United States leads with 48% of reviewers, ahead of the United Kingdom at 21%.
90% of Igboefon guests come from abroad
Where guests who left reviews live
Where Igboefon guests come from: top cities
Share of guests who left reviews
| Origin city | Share of guests |
|---|---|
| New York | 5.9% |
| Houston | 5.9% |
| Lagos | 5.1% |
| Toronto | 3.4% |
Where Igboefon guests come from: top countries
Share of guests who left reviews
| Origin country | Share of guests |
|---|---|
| United States | 47.9% |
| United Kingdom | 21.0% |
| Nigeria | 10.1% |
| Canada | 8.4% |
| Ghana | 2.5% |
Languages spoken by Igboefon guests
Share of guests who left reviews
| Language | Share of guests |
|---|---|
| English | 73.7% |
| French | 7.9% |
| Spanish | 7.9% |
| Dutch | 2.6% |
| Swedish | 1.3% |
Igboefon Airbnbs average 4.60 stars, and 16% of listings hold Airbnb's Guest Favorite badge. Guests are toughest on value for money: it scores 4.57, against 4.77 for host communication.
Communication scores highest in Igboefon; value is lowest
Average guest rating out of 5 by category; the bars start at 4.0
| Category | Average rating (out of 5) |
|---|---|
| Accuracy | 4.67 |
| Cleanliness | 4.61 |
| Communication | 4.77 |
| Location | 4.60 |
| Check-in | 4.69 |
| Value | 4.57 |
Booking patterns
Nearly all Igboefon listings are open to guests more than 180 days a year, but only 3% are booked or blocked that many days. The most common booked-or-blocked total is 1 to 30 days a year, covering 45% of listings; blocked nights include any the host closes off.
Days a year Igboefon listings are open to guests
Share of listings by days a year
| Days a year | Share of listings | Listings |
|---|---|---|
| 271-366 days | 72.4% | 42 |
| 181-270 days | 25.9% | 15 |
| 91-180 days | 1.7% | 1 |
Days a year Igboefon listings are booked or blocked
Share of listings by days a year
| Days a year | Share of listings | Listings |
|---|---|---|
| 181-270 days | 3.4% | 2 |
| 91-180 days | 25.9% | 15 |
| 31-90 days | 25.9% | 15 |
| 1-30 days | 44.8% | 26 |
The average Igboefon booking lasts 7.8 nights, longest in May and shortest in September. Listings took about 7 bookings each over the year. Nearly 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 Igboefon
Average nights per booking, by month of stay
Two-year average by calendar month.
About eight in ten listings in Igboefon accept stays of one or two nights.
Minimum stay set by Igboefon listings
Share of listings by the shortest stay they accept, from one night to 30 or more
Flexible is the most common cancellation policy in Igboefon, used by 41% of listings; it refunds guests in full if they cancel at least a day before check-in. Hosts here lean flexible: about seven in ten listings offer Flexible or Moderate terms, against 19% on Firm or stricter ones.
Cancellation policies of Igboefon listings, from most to least flexible
Share of listings by the policy they use
Nearly six in ten Igboefon listings charge a cleaning fee. The typical fee is about ₦27,560. Spread over the average stay of 7.8 nights, that adds roughly ₦3,545 a night to what guests pay. For listings that charge one, cleaning fees make up about 3% of gross revenue.
Top earners
The top-grossing Airbnb in Igboefon, a three-bedroom home, took in ₦26,100,000 over the past year, about 3.7 times the city's average of ₦6,990,000.
Bezalel Apartment II_Lekki (3Beds+Pool+24/7 Light) Entire home · 3 bedrooms Rated 4.88
Fully Serviced 2bed Apt | 24hr Electricity | Lekki Entire home · 2 bedrooms Rated 4.85
Bezalel Apartment VI_Lekki Entire home · 3 bedrooms Rated 4.81
Luxury 3BDR Apt with Bathtub • Pool • Gym in Lekki Entire home · 3 bedrooms Rated 4.47
Luxury 4BR w/ 24/7 Power & WiFi Entire home · 4 bedrooms Rated 4.50
Spacious luxury 5 bedroom duplex Entire home · 5 bedrooms Rated 4.79 Fewer than 1% of Igboefon listings are classed as professionally managed, though 48% of listings have a co-host. Only 17% of listings are run by Superhosts. Airbnb's Simplified Pricing, where the host pays the whole service fee and guests see one price with no separate Airbnb charge, covers 71% of listings.
Nearby markets
Of the eight nearby markets in the table, all within 8 km, Falomo (8 km away, 75 listings) earned the most per listing, about 71% more than Igboefon.
| Market | Listings | Avg. annual revenue | Avg. nightly rate | Occupancy |
|---|---|---|---|---|
| Lekki 1 km | 607 | ₦6,439,441 | ₦137,691 | 32% |
| Ojomu 2 km | 41 | ₦6,027,416 | ₦138,366 | 26% |
| Ikate 2 km | 104 | ₦7,590,079 | ₦153,813 | 26% |
| Moba 3 km | 124 | ₦9,145,852 | ₦165,582 | 30% |
| Ilado 4 km | 110 | ₦6,359,516 | ₦152,711 | 26% |
| Ikota 5 km | 40 | ₦5,552,002 | ₦123,856 | 28% |
| Itirin 8 km | 72 | ₦9,340,152 | ₦170,239 | 31% |
| Falomo 8 km | 75 | ₦11,963,883 | ₦242,433 | 28% |
FAQ
An active Igboefon Airbnb grossed ₦6,992,617 on average in the 12 months to September 2026, according to AirROI's tracking of 58 active listings. That is before cleaning, management, taxes and financing. Busier, better-run listings do far better: the top quarter took in ₦1,730,000 or more in a typical month.
It depends most on the home's size, location and how it's run. The middle half of Igboefon listings earn between ₦486,000 and ₦1,730,000 in a typical month, and the top tenth ₦2,690,000 or more. For one home, enter its address and bedroom count in the Airbnb income calculator: it compares the home with similar listings nearby.
Listings in Igboefon were booked on 32% of available nights over the past year. That compares with 29% for the Lagos State average. December is usually the busiest month.
The average booked night in Igboefon cost ₦119,190 before fees. Half of listings charge between ₦89,800 and ₦152,000, so bedroom count and location move the price more than the average suggests.
None of the active Igboefon 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.
Yes, when it's run well. The average Igboefon Airbnb grossed ₦6,992,617 in the 12 months to September 2026, 10% below the Lagos State average of ₦7,785,757, counting listings open only part of the year. A listing at the top-quarter mark, run by its owner with the cleaning fee covering the cleaner and everyday costs for Airbnb's fee, utilities, supplies, upkeep and insurance, has about ₦738,000 a month left before the mortgage or rent, so a home that costs less than that to own or rent makes a profit. Check a specific home in the Airbnb calculator.
December usually pays best, averaging ₦1,850,000 per active listing over the past two years, and October usually pays least. The month-by-month table above shows how the latest 12 months played out.
Each night a Igboefon listing was open to book earned ₦37,900 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 ₦69,500 or more.
Igboefon stays were booked 30 days (about four weeks) before arrival on average over the past year, so most of a month is booked well before it starts.
The average Igboefon Airbnb stay lasted 7.8 nights over the past year. A listing took 7 reservations over the year on average.
Guests rate Igboefon Airbnbs 4.60 out of 5 on average. Guests score communication highest and value lowest.
Victoria Island, Lekki Phase 1 and Yaba draw the most short-term rental interest in Igboefon. The neighborhood guide explains what brings guests to each.
AirROI counted 58 active Airbnb listings in Igboefon as of September 2026. The closest tracked market is Lekki, 1 km away.
In Igboefon, nearly six in ten listings add a cleaning fee, and the typical fee is about ₦27,560.
Method
Figures on this page cover 58 active Airbnb listings in Igboefon 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.