3 bedroom+24/7Electricit/Pool/Free Airport Pick Up Entire home · 3 bedrooms Rated 4.95 - Revenue
- ₦43.8M
- Occupancy
- 53.4%
- Daily rate
- ₦239,900
Airbnb market data · 202612 months to September 2026
The average Airbnb in Ikate brought in ₦7,589,496 over the 12 months through September 2026, in line with the Lagos State average of ₦7,785,757.
The short answer
Bookings in Ikate trail the Lagos State average, at prices about 5% higher. Listings averaged ₦153,808 a night and were booked on 26% 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 twice as much as in March, usually the slowest.
With 104 active listings, Ikate is the fourth-largest of 17 Lagos State markets AirROI tracks. From a year earlier, average revenue rose 5% while the number of active listings shrank 10%.
Browse the live Ikate Airbnb market See Every Ikate ListingRevenue
Gross bookings per Ikate listing averaged ₦7,589,496 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 Ikate listing brings in ₦2,120,000 in December, its best month, and ₦1,060,000 in March, its slowest. The three strongest months bring in 32% 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 4.7 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 twice what March does
Average revenue per active listing, by month, September 2024 to August 2026
The dashed line is the average of the months shown, ₦1,370,000. 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, nightly rate and bookings alike.
| Month | Avg. Revenue | Occupancy | Avg. Nightly Rate | RevPAR | Booking Lead Time | Avg. Length of Stay |
|---|---|---|---|---|---|---|
| Sep 2025 | ₦1,391,481 | 33.9% | ₦137,408 | ₦46,383 | 18 days | 7.8 nights |
| Oct 2025 | ₦951,929 | 22.4% | ₦137,655 | ₦30,707 | 15 days | 5.6 nights |
| Nov 2025 | ₦1,197,261 | 28.1% | ₦139,464 | ₦39,909 | 33 days | 5.8 nights |
| Dec 2025 | ₦2,192,943 | 38.8% | ₦169,347 | ₦70,740 | 67 days | 7 nights |
| Jan 2026 | ₦1,505,655 | 29.5% | ₦162,683 | ₦48,570 | 50 days | 6.7 nights |
| Feb 2026 | ₦1,049,414 | 27.4% | ₦144,441 | ₦37,479 | 24 days | 5.7 nights |
| Mar 2026 | ₦950,392 | 21.4% | ₦141,803 | ₦30,658 | 8 days | 5.4 nights |
| Apr 2026 | ₦1,604,004 | 32.0% | ₦143,802 | ₦53,467 | 11 days | 6.8 nights |
| May 2026 | ₦1,520,012 | 30.6% | ₦155,299 | ₦49,033 | 15 days | 6.9 nights |
| Jun 2026 | ₦1,374,302 | 29.4% | ₦159,701 | ₦45,810 | 20 days | 6.5 nights |
| Jul 2026 | ₦1,700,648 | 32.0% | ₦161,943 | ₦54,860 | 18 days | 6.8 nights |
| Aug 2026 | ₦1,913,780 | 35.2% | ₦160,291 | ₦61,735 | 21 days | 8.6 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.
These are market-wide figures. To see what one particular Ikate home could earn, enter its address, bedrooms and guests in the Airbnb calculator; it compares the home with similar listings nearby.
Profit
Yes, when it's run well. The average Ikate Airbnb took in ₦7,589,496 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 ₦14,904,000, and run by its owner at everyday costs, about ₦913,000 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 | ₦7,278,496 | ₦14,294,000 |
| Cleaning fees guests pay4% of Ikate bookings | ₦311,000 | ₦610,000 |
| Gross bookings | ₦7,589,496 | ₦14,904,000 |
| Running costs | ||
| Airbnb's feeAbout 12%: 15.5% for the 69% of Ikate listings on Simplified Pricing, 3% for the rest | −₦884,000 | −₦1,737,000 |
| Cleaning and laundryPaid for by the cleaning fee; ₦0 if you clean yourself | −₦311,000 | −₦610,000 |
| Utilities and internetAbout 5% of bookings | −₦379,000 | −₦745,000 |
| Guest suppliesToiletries, coffee, paper goods: about 2% | −₦152,000 | −₦298,000 |
| Repairs and upkeepIncluding linens and small replacements: about 3% | −₦228,000 | −₦447,000 |
| Short-term rental insuranceOne policy, on top of Airbnb's free AirCover | −₦76,000 | −₦76,000 |
| Permit and registrationWhere one is required | −₦38,000 | −₦38,000 |
| 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 | −₦2,068,000 | −₦3,951,000 |
| Left for housing costs, then profit | ₦5,521,496about ₦460,000 a month | ₦10,953,000about ₦913,000 a month |
| Housing costs | ||
| Mortgage or rent, property tax, home insurance, building or condo fees | Depend on the home | |
The estimate starts from Ikate'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 Ikate 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 ₦1,242,000 a month, against ₦632,000 for the average one.
Occupancy
Ikate listings were booked on 26% of the nights they were open over the past year, 3 percentage points below the Lagos State average (29%) and 4 points below the Nigeria average (30%). Counting only the listings booked in each month and averaging each month over two years, occupancy climbs to 41% in December and falls to 26% in June.
The busiest tenth of listings are booked about 5.7 times as often as the bottom quarter.
December is usually the busiest month in Ikate, June the quietest
Share of open nights booked, by month, September 2024 to August 2026
The 12-month rate of 26% averages each listing's whole year, slow months included; each month here counts only the listings booked in it.
Nightly rates
The average nightly rate in Ikate, known as ADR (average daily rate), was ₦153,808 over the past year, about the same as the Lagos State average (₦147,000) and about 19% above the Nigeria average of ₦129,000. In a typical year, rates peak in December at about ₦165,000 and bottom out in March and September at about ₦138,000.
The top 10% charge about 2.6 times the rate of the bottom quarter.
December rates run 19% above September's
Average nightly rate (ADR), by month, September 2024 to August 2026
The dashed line is the average of the months shown, ₦146,000.
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 Ikate it averaged ₦42,100 over the past year, from about ₦34,300 in a typical March to about ₦68,500 in a typical December.
Per open night, by tier:
December RevPAR is about twice March's
Revenue per open night (RevPAR), by month, September 2024 to August 2026
The dashed line is the average of the months shown, ₦45,000. The 12-month RevPAR of ₦42,100 averages each listing's whole year, slow months included; each month here counts only the listings booked in it.
Seasonality
Revenue in Ikate peaks several times a year, in April, August and December, a moderately seasonal pattern.
Average revenue by month in Ikate
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, ₦1,370,000.
| Month | Season | Revenue per listing |
|---|---|---|
| January | Shoulder season | ₦1,470,000 |
| February | Low season | ₦1,180,000 |
| March | Low season | ₦1,060,000 |
| April | High season | ₦1,580,000 |
| May | Shoulder season | ₦1,400,000 |
| June | Low season | ₦1,190,000 |
| July | Shoulder season | ₦1,270,000 |
| August | High season | ₦1,590,000 |
| September | Low season | ₦1,190,000 |
| October | Low season | ₦1,150,000 |
| November | Low season | ₦1,220,000 |
| December | High season | ₦2,120,000 |
| Season | Revenue per month | Occupancy | Nightly rate |
|---|---|---|---|
| High seasonApril, August, December | ₦1,760,000 | 37% | ₦150,961 |
| Shoulder seasonJanuary, May, July | ₦1,380,000 | 29% | ₦151,107 |
| Low seasonFebruary–March, June, September–November | ₦1,170,000 | 29% | ₦141,458 |
Guests book Ikate stays 37 days ahead on average (about five weeks). December stays are booked furthest out, about 51 days ahead, and March stays closest to arrival, about 9 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 37 days averages each listing's year as a whole; each month here averages only the listings with stays in it.
Permits
None of the 104 active listings in Ikate 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 Ikate.
Neighborhoods
AirROI's area guide picks seven Ikate neighborhoods that draw short-term rental guests, led by Lekki Phase 1, 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 |
|---|---|---|
| Lekki Phase 1 | A rapidly growing area known for its affluent neighborhoods and proximity to the beach. It attracts both tourists and business travelers due to its vibrant lifestyle and business hubs. | Lekki Conservation Centre, Lekki Market, Elegushi Beach, Landmark Beach, Nike Art Gallery |
| Victoria Island | A bustling commercial hub that attracts many travelers due to its upscale hotels, restaurants, and nightlife. Ideal for both business and leisure stays. | Tarkwa Bay, Nike Art Gallery, Eko Atlantic, Silverbird Galleria, Oniru Beach |
| Ikoyi | An upscale area known for its luxury apartments and homes. It's a prime location for business travelers and affluent tourists, offering upscale amenities. | Ikoyi Club 1938, Lekki-Ikoyi Link Bridge, National Museum Lagos, Elegushi Royal Beach, The Galleria |
| Surulere | A vibrant area with a mix of residential and commercial spaces, offering unique cultural experiences. It attracts local visitors and budget-conscious tourists. | National Stadium, Bode Thomas Market, Surulere Amusement Park, Shitta Roundabout, Fela Shrine |
| Yaba | A lively neighborhood known for its academic institutions and tech startups. This area attracts young professionals and students, making it ideal for affordable stays. | University of Lagos, Yaba Market, National Museum of Unity, Jibowu Park, Tech Hubs |
| Festac Town | A residential area that offers affordable housing options. It's popular among budget travelers and families seeking longer stays. | Festac Festival Town, Nigerian National Theatre, Federal Housing Authority, Festac Town Shopping Complex, Local Markets |
| Lagos Mainland | Diverse and culturally rich, the mainland offers a taste of local life and is often more affordable. It's ideal for travelers looking for authentic experiences. | National Theatre, Mushin Market, Oshodi Market, Tinubu Square, Awofeso Market |
Area descriptions are AI-assisted from public sources and are not checked against zoning.
Listings
More than nine in ten Airbnbs in Ikate are entire homes (93%), with private rooms at 7%. Apartments and condos account for 77% of the stock; houses come next at 23%.
Nearly all listings rent the whole place
Ikate Airbnb listings by room type
| Room type | Share of listings | Listings |
|---|---|---|
| Entire home | 93.3% | 97 |
| Private room | 6.7% | 7 |
Apartments dominate the property mix
Ikate Airbnb listings by property type
| Property type | Share of listings | Listings |
|---|---|---|
| Apartment/Condo | 76.9% | 80 |
| House | 23.1% | 24 |
Two-bedroom homes are the most common size in Ikate (40% of entire homes), followed by one-bedroom homes (29%). Shares are of the 97 entire homes that give a bedroom count; rented rooms are left out.
Ikate entire homes by number of bedrooms
Entire homes with each number of bedrooms, of those with a bedroom count on file
| Bedrooms | Share of entire homes with a bedroom count | Entire homes |
|---|---|---|
| Studio | 5.2% | 5 |
| 1 bedroom | 28.9% | 28 |
| 2 bedrooms | 40.2% | 39 |
| 3 bedrooms | 15.5% | 15 |
| 4 bedrooms | 9.3% | 9 |
| 5+ bedrooms | 1.0% | 1 |
A typical one-bedroom home in Ikate earned ₦2,830,000 over the past year, against ₦7,980,000 for a three-bedroom home.
| Home size | Listings | Typical annual revenue (median) | Average annual revenue | Avg. nightly rate | Occupancy |
|---|---|---|---|---|---|
| 1 bedroom | 28 | ₦2,830,000 | ₦5,240,000 | ₦112,402 | 26% |
| 2 bedrooms | 39 | ₦3,390,000 | ₦6,800,000 | ₦148,354 | 27% |
| 3 bedrooms | 15 | ₦7,980,000 | ₦14,600,000 | ₦210,305 | 27% |
Most Ikate listings are sized for couples and small families: 61% sleep four guests or fewer, and just 13% take eight or more. Shares are of the 97 listings with a guest capacity on file (93% of the market).
Ikate listings by guest capacity
Share of listings by the number of guests they sleep, of those with a capacity on file
| Guest capacity | Share of listings with a capacity on file | Listings |
|---|---|---|
| 2 guests | 29.9% | 29 |
| 3 guests | 5.2% | 5 |
| 4 guests | 25.8% | 25 |
| 5 guests | 7.2% | 7 |
| 6 guests | 16.5% | 16 |
| 7 guests | 2.1% | 2 |
| 8+ guests | 13.4% | 13 |
Ikate hosts set up an average of 2 beds per listing, close to one bed per bedroom. About a third of listings (34%) show their exact location on the listing map; the rest show an approximate area.
Free on-site parking is close to standard in Ikate: 99% of listings offer it, and 83% have a washer.
Share of Ikate listings with each common amenity
Listings in Ikate with a smart lock earned about 80% more a year, on average, than those without: ₦9,770,000 against ₦5,490,000. The gap is smaller for a game console (about 75% more) and a sound system (about 65% more). Bigger, professionally run homes tend to carry more amenities, so these gaps reflect the kind of listing as much as the feature itself.
Revenue gap for Ikate listings with each amenity
How much more listings with the amenity earned in a year than those without, and the share of listings that have it
| Amenity | Listings with it | Avg. revenue with | Avg. revenue without | Revenue gap |
|---|---|---|---|---|
| Smart lock | 49% | ₦9,770,000 | ₦5,490,000 | +78% |
| Game console | 16% | ₦11,800,000 | ₦6,760,000 | +75% |
| Sound system | 35% | ₦10,300,000 | ₦6,170,000 | +67% |
| Pets allowed | 28% | ₦9,970,000 | ₦6,670,000 | +49% |
| Exercise equipment | 24% | ₦9,790,000 | ₦6,890,000 | +42% |
| Beach access | 28% | ₦9,390,000 | ₦6,890,000 | +36% |
| Patio or balcony | 44% | ₦8,610,000 | ₦6,780,000 | +27% |
| Pool table | 19% | ₦8,900,000 | ₦7,280,000 | +22% |
| Gym | 25% | ₦8,750,000 | ₦7,200,000 | +21% |
| Backyard | 22% | ₦8,730,000 | ₦7,260,000 | +20% |
Guests
Ikate runs on foreign visitors: 93% of guests who left reviews live outside Nigeria. The United States leads with 48% of reviewers, ahead of the United Kingdom at 22%.
93% of Ikate guests come from abroad
Where guests who left reviews live
Where Ikate guests come from: top cities
Share of guests who left reviews
| Origin city | Share of guests |
|---|---|
| London | 9.4% |
| Lagos | 5.0% |
| New York | 3.8% |
| Toronto | 3.8% |
Where Ikate guests come from: top countries
Share of guests who left reviews
| Origin country | Share of guests |
|---|---|
| United States | 47.9% |
| United Kingdom | 22.1% |
| Canada | 11.7% |
| Nigeria | 6.7% |
Languages spoken by Ikate guests
Share of guests who left reviews
| Language | Share of guests |
|---|---|
| English | 70.8% |
| French | 6.9% |
| Spanish | 6.9% |
| German | 3.8% |
| Portuguese | 1.5% |
Ikate Airbnbs average 4.65 stars, and 13% of listings hold Airbnb's Guest Favorite badge. Guests are toughest on value for money: it scores 4.64, against 4.82 for host communication.
Communication scores highest in Ikate; value is lowest
Average guest rating out of 5 by category; the bars start at 4.0
| Category | Average rating (out of 5) |
|---|---|
| Accuracy | 4.71 |
| Cleanliness | 4.68 |
| Communication | 4.82 |
| Location | 4.72 |
| Check-in | 4.75 |
| Value | 4.64 |
Booking patterns
Nearly all Ikate 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 58% of listings; blocked nights include any the host closes off.
Days a year Ikate listings are open to guests
Share of listings by days a year
| Days a year | Share of listings | Listings |
|---|---|---|
| 271-366 days | 81.7% | 85 |
| 181-270 days | 15.4% | 16 |
| 91-180 days | 2.9% | 3 |
Days a year Ikate listings are booked or blocked
Share of listings by days a year
| Days a year | Share of listings | Listings |
|---|---|---|
| 181-270 days | 2.9% | 3 |
| 91-180 days | 16.3% | 17 |
| 31-90 days | 23.1% | 24 |
| 1-30 days | 57.7% | 60 |
The average Ikate booking lasts 6.8 nights, longest in August and shortest in October. Listings took about 7 bookings each over the year. About half of 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 Ikate
Average nights per booking, by month of stay
Two-year average by calendar month.
About seven in ten listings in Ikate accept stays of one or two nights.
Minimum stay set by Ikate 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 Ikate, used by 40% of listings; it refunds guests in full if they cancel at least a day before check-in. About half of listings offer Flexible or Moderate terms and 41% use Firm or stricter ones, so neither camp dominates.
Cancellation policies of Ikate listings, from most to least flexible
Share of listings by the policy they use
More than half of Ikate listings charge a cleaning fee. The typical fee is about ₦34,450. Spread over the average stay of 6.8 nights, that adds roughly ₦5,085 a night to what guests pay. For listings that charge one, cleaning fees make up about 4% of gross revenue.
Top earners
The top-grossing Airbnb in Ikate, a three-bedroom home, took in ₦43,800,000 over the past year, about 5.8 times the city's average of ₦7,590,000.
3 bedroom+24/7Electricit/Pool/Free Airport Pick Up Entire home · 3 bedrooms Rated 4.95
Hampton 4 Bedroom Modern Home in Lagos 24/7 Power Entire home · 4 bedrooms Rated 4.85
Lux Central Gem: Automated Home with PS5 & Bathtub Entire home · 2 bedrooms Rated 4.82
Homestead Family Friendly Home Prime Lekki Phase 1 Entire home · 3 bedrooms Rated 4.87
Heritage Lovely Lagos 3 Bedroom Home 24/7 Power Entire home · 3 bedrooms Rated 4.98
Calimera Luxury 2bedroom duplex w/pool & gym Entire home · 2 bedrooms Rated 4.88 Henry is the top-grossing host in Ikate, with ₦159.9 million in bookings across 10 listings over the past year. The market is concentrated: the ten top-grossing hosts run 44% of its 104 listings.
| # | Host | Listings | Gross revenue | Per listing | Avg. rating |
|---|---|---|---|---|---|
| Henry | 10 | ₦159,920,817 | ₦15,992,082 | 4.96/5 | |
| Jost Living | 7 | ₦72,916,021 | ₦10,416,574 | 4.69/5 | |
| Five Ace Apartments | 2 | ₦59,058,753 | ₦29,529,376 | 4.84/5 | |
| 4 | Davinci Residences | 9 | ₦32,511,390 | ₦3,612,377 | 4.80/5 |
| 5 | Samuel | 1 | ₦30,219,759 | ₦30,219,759 | 4.88/5 |
| 6 | Chibueze | 2 | ₦29,146,290 | ₦14,573,145 | 4.54/5 |
| 7 | Ehis | 8 | ₦27,470,629 | ₦3,433,829 | 4.26/5 |
| 8 | Ola | 5 | ₦25,945,172 | ₦5,189,034 | 4.59/5 |
| 9 | Babatunde | 1 | ₦22,359,590 | ₦22,359,590 | 4.57/5 |
| 10 | Michelle | 1 | ₦22,133,597 | ₦22,133,597 | 4.87/5 |
Fewer than 1% of Ikate listings are classed as professionally managed, though 31% of listings have a co-host. Only 18% 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 69% of listings.
Nearby markets
Of the eight nearby markets in the table, all within 7 km, Falomo (6 km away, 75 listings) earned the most per listing, about 58% more than Ikate. Igboefon and Lekki were the busiest, each booked on 32% of nights against 26% in Ikate.
| Market | Listings | Avg. annual revenue | Avg. nightly rate | Occupancy |
|---|---|---|---|---|
| Moba 2 km | 124 | ₦9,145,852 | ₦165,582 | 30% |
| Ilado 2 km | 110 | ₦6,359,516 | ₦152,711 | 26% |
| Igboefon 2 km | 58 | ₦6,992,023 | ₦119,184 | 32% |
| Lekki 3 km | 607 | ₦6,439,441 | ₦137,691 | 32% |
| Ojomu 4 km | 41 | ₦6,027,416 | ₦138,366 | 26% |
| Itirin 5 km | 72 | ₦9,340,152 | ₦170,239 | 31% |
| Falomo 6 km | 75 | ₦11,963,883 | ₦242,433 | 28% |
| Ikota 7 km | 40 | ₦5,552,002 | ₦123,856 | 28% |
FAQ
An active Ikate Airbnb grossed ₦7,589,496 on average in the 12 months to September 2026, according to AirROI's tracking of 104 active listings. That is before cleaning, management, taxes and financing. Busier, better-run listings do far better: the top quarter took in ₦2,050,000 or more in a typical month.
It depends most on the home's size, location and how it's run. The middle half of Ikate listings earn between ₦435,000 and ₦2,050,000 in a typical month, and the top tenth ₦3,240,000 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 Ikate were booked on 26% 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 Ikate cost ₦153,808 before fees. Half of listings charge between ₦96,200 and ₦188,000, so bedroom count and location move the price more than the average suggests.
None of the active Ikate 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 Ikate Airbnb grossed ₦7,589,496 in the 12 months to September 2026, in line with the Lagos State average, 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 ₦913,000 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 estimator.
December usually pays best, averaging ₦2,120,000 per active listing over the past two years, and March usually pays least. The month-by-month table above shows how the latest 12 months played out.
Each night a Ikate listing was open to book earned ₦42,100 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 ₦86,100 or more.
Ikate stays were booked 37 days (about five weeks) before arrival on average over the past year, so most of a month is booked well before it starts.
The average Ikate Airbnb stay lasted 6.8 nights over the past year. A listing took 7 reservations over the year on average.
Guests rate Ikate Airbnbs 4.65 out of 5 on average. Guests score communication highest and value lowest.
Lekki Phase 1, Victoria Island and Ikoyi draw the most short-term rental interest in Ikate. The neighborhood guide explains what brings guests to each.
AirROI counted 104 active Airbnb listings in Ikate as of September 2026. The closest tracked market is Moba, 2 km away.
In Ikate, more than half of listings add a cleaning fee, and the typical fee is about ₦34,450.
Method
Figures on this page cover 104 active Airbnb listings in Ikate 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.