4bedroom apartment- 24/7 Electricity/ Wifi/Pool Entire home · 4 bedrooms Rated 4.82 - Revenue
- ₦30.2M
- Occupancy
- 35.3%
- Daily rate
- ₦208,700
Airbnb market data · 202612 months to September 2026
The average Airbnb in Ikota brought in ₦5,552,416 over the 12 months through September 2026, about 29% less than the Lagos State average of ₦7,785,757.
The short answer
Ikota is priced below the Lagos State average. Listings averaged ₦123,853 a night, about 16% less than that average of ₦147,000, and were booked on 28% of available nights, close to its 29% occupancy.
Timing matters: in December, usually the best month, the average listing earns about 2.2 times as much as in September, usually the slowest. With only 40 active listings, a few bookings can reorder the months.
With 40 active listings, Ikota is the tenth-largest of 17 Lagos State markets AirROI tracks. From a year earlier, average revenue fell 4% while the number of active listings grew 14%.
Browse the live Ikota Airbnb market See Every Ikota ListingRevenue
Gross bookings per Ikota listing averaged ₦5,552,416 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 Ikota listing brings in ₦1,490,000 in December, its best month, and ₦690,000 in September, its slowest. 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 4.8 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 September does
Average revenue per active listing, by month, September 2024 to August 2026
The dashed line is the average of the months shown, ₦979,000. 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 rates peaked in June 2026 and bookings in August 2026, so the best-paying month is not always the busiest or the priciest.
| Month | Avg. Revenue | Occupancy | Avg. Nightly Rate | RevPAR | Booking Lead Time | Avg. Length of Stay |
|---|---|---|---|---|---|---|
| Sep 2025 | ₦765,275 | 29.8% | ₦119,176 | ₦25,509 | 24 days | 6.2 nights |
| Oct 2025 | ₦847,476 | 26.4% | ₦119,132 | ₦27,338 | 17 days | 6 nights |
| Nov 2025 | ₦830,041 | 28.8% | ₦119,368 | ₦27,668 | 25 days | 5.5 nights |
| Dec 2025 | ₦1,654,153 | 42.0% | ₦128,686 | ₦53,360 | 43 days | 5.7 nights |
| Jan 2026 | ₦1,149,333 | 38.5% | ₦127,114 | ₦37,075 | 33 days | 9.6 nights |
| Feb 2026 | ₦708,986 | 34.3% | ₦121,973 | ₦25,321 | 20 days | 6.7 nights |
| Mar 2026 | ₦634,839 | 23.8% | ₦123,133 | ₦20,479 | 34 days | 6 nights |
| Apr 2026 | ₦964,312 | 33.8% | ₦122,930 | ₦32,144 | 34 days | 6.2 nights |
| May 2026 | ₦1,100,735 | 33.4% | ₦129,203 | ₦35,508 | 13 days | 10.8 nights |
| Jun 2026 | ₦1,095,334 | 30.3% | ₦132,627 | ₦36,511 | 13 days | 5.2 nights |
| Jul 2026 | ₦1,281,549 | 32.7% | ₦132,095 | ₦41,340 | 25 days | 8.9 nights |
| Aug 2026 | ₦1,204,381 | 51.9% | ₦129,657 | ₦38,851 | 25 days | 10.5 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.
Location, size and how a home is run move its income far more than a city average shows. For a range on one Ikota address, run it through the Airbnb calculator.
Profit
Yes, when it's run well. The average Ikota Airbnb took in ₦5,552,416 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 ₦10,658,000, and run by its owner at everyday costs, about ₦656,000 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 | ₦5,350,416 | ₦10,270,000 |
| Cleaning fees guests pay4% of Ikota bookings | ₦202,000 | ₦388,000 |
| Gross bookings | ₦5,552,416 | ₦10,658,000 |
| Running costs | ||
| Airbnb's feeAbout 12%: 15.5% for the 70% of Ikota listings on Simplified Pricing, 3% for the rest | −₦652,000 | −₦1,252,000 |
| Cleaning and laundryPaid for by the cleaning fee; ₦0 if you clean yourself | −₦202,000 | −₦388,000 |
| Utilities and internetAbout 5% of bookings | −₦278,000 | −₦533,000 |
| Guest suppliesToiletries, coffee, paper goods: about 2% | −₦111,000 | −₦213,000 |
| Repairs and upkeepIncluding linens and small replacements: about 3% | −₦167,000 | −₦320,000 |
| Short-term rental insuranceOne policy, on top of Airbnb's free AirCover | −₦56,000 | −₦56,000 |
| Permit and registrationWhere one is required | −₦28,000 | −₦28,000 |
| 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 | −₦1,494,000 | −₦2,790,000 |
| Left for housing costs, then profit | ₦4,058,416about ₦338,000 a month | ₦7,868,000about ₦656,000 a month |
| Housing costs | ||
| Mortgage or rent, property tax, home insurance, building or condo fees | Depend on the home | |
The estimate starts from Ikota'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 Ikota 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 ₦888,000 a month, against ₦463,000 for the average one.
Occupancy
Ikota 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 43% in December and falls to 27% in November.
The busiest tenth of listings are booked about 4.4 times as often as the bottom quarter.
December is usually the busiest month in Ikota, November the quietest
Share of open nights booked, by month, September 2024 to August 2026
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
The average nightly rate in Ikota, known as ADR (average daily rate), was ₦123,853 over the past year, about 16% below the Lagos State average of ₦147,000 and about the same as the Nigeria average (₦129,000). In a typical year, rates barely change through the year, staying between about ₦118,000 and ₦125,000.
Prices span a wide range: the top 10% charge about 3.7 times the rate of the bottom quarter.
Average nightly rate by month in Ikota
Average nightly rate (ADR), by month, September 2024 to August 2026
The dashed line is the average of the months shown, ₦121,000.
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 Ikota it averaged ₦31,300 over the past year, from about ₦23,000 in a typical September to about ₦48,200 in a typical December.
Per open night, by tier:
December RevPAR is about twice September's
Revenue per open night (RevPAR), by month, September 2024 to August 2026
The dashed line is the average of the months shown, ₦32,100.
Seasonality
With only 40 active listings, the monthly pattern in Ikota is noisy, since a few long or pricey stays can lift a month; revenue has tended to peak in December and bottom out in September.
Average revenue by month in Ikota
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, ₦979,000.
| Month | Revenue per listing |
|---|---|
| January | ₦1,230,000 |
| February | ₦759,000 |
| March | ₦741,000 |
| April | ₦1,030,000 |
| May | ₦999,000 |
| June | ₦1,020,000 |
| July | ₦1,130,000 |
| August | ₦1,060,000 |
| September | ₦690,000 |
| October | ₦842,000 |
| November | ₦754,000 |
| December | ₦1,490,000 |
Guests book Ikota stays 30 days ahead on average (about four weeks). December stays are booked furthest out, about 38 days ahead, and February stays closest to arrival, about 15 days. A typical December booking is made in early November.
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 40 active listings in Ikota 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 Ikota.
Neighborhoods
AirROI's area guide picks eight Ikota neighborhoods that draw short-term rental guests, led by Lekki Phase 1, VGC (Victoria Garden City) 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 trendy and upscale neighborhood close to beaches and major attractions in Lagos. Popular with expatriates and tourists due to its vibrant lifestyle and nightlife scene. | Lekki Conservation Centre, Nike Art Gallery, Elegushi Beach, Lekki Market, Atican Beach Resort |
| VGC (Victoria Garden City) | A gated community known for its safety and quiet environment ideal for family getaways and business travelers. Close to Lekki and Victoria Island for easy access to amenities. | VGC Mall, Lekki Leisure Lake, Funtopia Water Park, Coconut Beach |
| Ikoyi | A prestigious area recognized for its luxury hotels and proximity to key business districts. Attracts high-end tourists and business professionals. | Ikoyi Club, Lekki-Ikoyi Link Bridge, Nike Art Gallery, National Museum Lagos |
| Victoria Island | A hub for businesses and upscale social life with numerous dining and entertainment options. Ideal for corporate travelers and affluent tourists. | Eko Atlantic City, Lekki Market, Tarkwa Bay Beach, The Palms Shopping Mall |
| Surulere | An emerging area with diverse local culture and a mix of modern and traditional attractions. Great for budget travelers and those looking for authenticity. | National Stadium, Bode Thomas Street, Surulere Shopping Mall, Cultural centers |
| Yaba | Known as the tech hub of Lagos, Yaba is attracting a younger crowd. Sometimes referred to as Lagos's 'Silicon Valley', it's popular for creative types. | National Museum Lagos, Yaba Market, University of Lagos, Tech startups |
| Badagry | Rich in history and culture, Badagry offers tourists unique experiences related to the slave trade history. Draws visitors interested in culture and history. | Badagry Heritage Museum, The Slave Obelisk, Point of No Return, Badagry Beach |
| Ajah | An upcoming area with beachfront properties and increasing interest from investors due to its proximity to Lekki and affordable prices. | Ajah Beach, Tarkwa Bay, Shangisha Village, Eko Akete Beach Resort |
Area descriptions are AI-assisted from public sources and are not checked against zoning.
Listings
Entire homes make up 80% of listings in Ikota, alongside 8 private-room listings (20%). Houses are the most common property type at 53%, ahead of apartments and condos (48%).
Mostly entire homes, with a private-room segment
Ikota Airbnb listings by room type
| Room type | Share of listings | Listings |
|---|---|---|
| Entire home | 80.0% | 32 |
| Private room | 20.0% | 8 |
Listings by property type
Ikota Airbnb listings by property type
| Property type | Share of listings | Listings |
|---|---|---|
| House | 52.5% | 21 |
| Apartment/Condo | 47.5% | 19 |
Most Ikota homes are built for groups: 65% of entire homes have three or more bedrooms, and four-bedroom homes are the most common size (29%). Shares are of the 31 entire homes that give a bedroom count; rented rooms are left out.
Ikota 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 | 3.2% | 1 |
| 1 bedroom | 22.6% | 7 |
| 2 bedrooms | 9.7% | 3 |
| 3 bedrooms | 22.6% | 7 |
| 4 bedrooms | 29.0% | 9 |
| 5+ bedrooms | 12.9% | 4 |
Ikota is a group-trip market: 34% of listings sleep eight or more guests, about 1.6 times the share of the next most common size, two guests (22%). Shares are of the 32 listings with a guest capacity on file (80% of the market).
Ikota 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 | 21.9% | 7 |
| 3 guests | 6.3% | 2 |
| 4 guests | 12.5% | 4 |
| 5 guests | 6.3% | 2 |
| 6 guests | 18.8% | 6 |
| 8+ guests | 34.4% | 11 |
Ikota hosts set up an average of 2.8 beds per listing, close to one bed per bedroom. 50% of listings show their exact location on the listing map; the rest show an approximate area.
Washers are close to standard in Ikota: 85% of listings have one, and 73% have a dedicated workspace.
Share of Ikota listings with each common amenity
Guests
Ikota runs on foreign visitors: 93% of guests who left reviews live outside Nigeria. The United States leads with 35% of reviewers, ahead of the United Kingdom at 22%. English is spoken by 68% of guests, and French by 11%.
93% of Ikota guests come from abroad
Where guests who left reviews live
Where Ikota guests come from: top cities
Share of guests who left reviews
| Origin city | Share of guests |
|---|---|
| London | 9.2% |
| Stuttgart | 3.1% |
| São Paulo | 3.1% |
| Ottawa | 3.1% |
Where Ikota guests come from: top countries
Share of guests who left reviews
| Origin country | Share of guests |
|---|---|
| United States | 34.8% |
| United Kingdom | 21.7% |
| Canada | 10.1% |
| Nigeria | 7.2% |
| Germany | 5.8% |
Languages spoken by Ikota guests
Share of guests who left reviews
| Language | Share of guests |
|---|---|
| English | 68.2% |
| French | 10.6% |
| Spanish | 7.6% |
| German | 4.5% |
| Italian | 3.0% |
Ikota Airbnbs average 4.70 stars, and 13% of listings hold Airbnb's Guest Favorite badge. Guests are toughest on location: it scores 4.58, against 4.87 for host communication.
Communication scores highest in Ikota; location is lowest
Average guest rating out of 5 by category; the bars start at 4.0
| Category | Average rating (out of 5) |
|---|---|
| Accuracy | 4.70 |
| Cleanliness | 4.73 |
| Communication | 4.87 |
| Location | 4.58 |
| Check-in | 4.81 |
| Value | 4.66 |
Booking patterns
Nearly all Ikota listings are open to guests more than 180 days a year, but only 5% are booked or blocked that many days. The most common booked-or-blocked total is 1 to 30 days a year, covering 55% of listings; blocked nights include any the host closes off.
Days a year Ikota listings are open to guests
Share of listings by days a year
| Days a year | Share of listings | Listings |
|---|---|---|
| 271-366 days | 72.5% | 29 |
| 181-270 days | 25.0% | 10 |
| 91-180 days | 2.5% | 1 |
Days a year Ikota listings are booked or blocked
Share of listings by days a year
| Days a year | Share of listings | Listings |
|---|---|---|
| 181-270 days | 5.0% | 2 |
| 91-180 days | 22.5% | 9 |
| 31-90 days | 17.5% | 7 |
| 1-30 days | 55.0% | 22 |
The average Ikota booking lasts 6.3 nights, longest in January and shortest in November. Listings took about 7 bookings each over the year. Nearly half of listings that give a check-in time set it at 3 p.m., with check-out usually at noon.
Average length of stay by month in Ikota
Average nights per booking, by month of stay
Two-year average by calendar month.
More than three-quarters of listings in Ikota accept stays of one or two nights.
Minimum stay set by Ikota 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 Ikota, used by 43% of listings; it refunds guests in full if they cancel at least a day before check-in. More than half of listings offer Flexible or Moderate terms and 45% use Firm or stricter ones, so neither camp dominates.
Cancellation policies of Ikota listings, from most to least flexible
Share of listings by the policy they use
More than half of Ikota listings charge a cleaning fee. The typical fee is about ₦19,292. Spread over the average stay of 6.3 nights, that adds roughly ₦3,045 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 Ikota, a four-bedroom home, took in ₦30,200,000 over the past year, about 5.4 times the city's average of ₦5,550,000.
4bedroom apartment- 24/7 Electricity/ Wifi/Pool Entire home · 4 bedrooms Rated 4.82
Luxury 5Bed Duplex W/Starlink Wifi Lekki Entire home · 5 bedrooms Rated 4.85
Luxurious home away from home Entire home · 4 bedrooms Rated 4.83
Luxury, ONE bedroom apartment Entire home · 1 bedroom Rated 4.89
FREE Laundry Service 4bedroom en-suite house Lekki Entire home · 4 bedrooms Rated 4.97
Spacious 3-Brd. Starlink• 24/7 Power • Entire home · 3 bedrooms Rated 4.94 Fewer than 1% of Ikota listings are classed as professionally managed, though 45% 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 70% of listings.
Nearby markets
Of the eight nearby markets in the table, all within 13 km, Falomo (13 km away, 75 listings) earned the most per listing, about 2.2 times as much as Ikota. Lekki and Igboefon were the busiest, each booked on 32% of nights against 28% in Ikota.
| Market | Listings | Avg. annual revenue | Avg. nightly rate | Occupancy |
|---|---|---|---|---|
| Ojomu 3 km | 41 | ₦6,027,416 | ₦138,366 | 26% |
| Lekki 4 km | 607 | ₦6,439,441 | ₦137,691 | 32% |
| Igboefon 5 km | 58 | ₦6,992,023 | ₦119,184 | 32% |
| Ikate 7 km | 104 | ₦7,590,079 | ₦153,813 | 26% |
| Moba 8 km | 124 | ₦9,145,852 | ₦165,582 | 30% |
| Ilado 9 km | 110 | ₦6,359,516 | ₦152,711 | 26% |
| Falomo 13 km | 75 | ₦11,963,883 | ₦242,433 | 28% |
| Itirin 13 km | 72 | ₦9,340,152 | ₦170,239 | 31% |
FAQ
An active Ikota Airbnb grossed ₦5,552,416 on average in the 12 months to September 2026, according to AirROI's tracking of 40 active listings. That is before cleaning, management, taxes and financing. Busier, better-run listings do far better: the top quarter took in ₦1,430,000 or more in a typical month.
It depends most on the home's size, location and how it's run. The middle half of Ikota listings earn between ₦297,000 and ₦1,430,000 in a typical month, and the top tenth ₦2,170,000 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 Ikota 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.
The average booked night in Ikota cost ₦123,853 before fees. Half of listings charge between ₦61,600 and ₦169,000, so bedroom count and location move the price more than the average suggests.
None of the active Ikota 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 Ikota Airbnb grossed ₦5,552,416 in the 12 months to September 2026, 29% 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 ₦656,000 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 ₦1,490,000 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.
Each night a Ikota listing was open to book earned ₦31,300 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 ₦60,300 or more.
Ikota 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 Ikota Airbnb stay lasted 6.3 nights over the past year. A listing took 7 reservations over the year on average.
Guests rate Ikota Airbnbs 4.70 out of 5 on average. Guests score communication highest and location lowest.
Lekki Phase 1, VGC (Victoria Garden City) and Ikoyi draw the most short-term rental interest in Ikota. The neighborhood guide explains what brings guests to each.
AirROI counted 40 active Airbnb listings in Ikota as of September 2026. The closest tracked market is Ojomu, 3 km away.
In Ikota, more than half of listings add a cleaning fee, and the typical fee is about ₦19,292.
Method
Figures on this page cover 40 active Airbnb listings in Ikota 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.