Lagoon-View 2BR Retreat | 1004 Estate - VI Entire home · 2 bedrooms Rated 4.88 - Revenue
- ₦49.3M
- Occupancy
- 69.6%
- Daily rate
- ₦186,181
Airbnb market data · 202612 months to September 2026
The average Airbnb in Itirin brought in ₦9,340,094 over the 12 months through September 2026, about 20% more than the Lagos State average of ₦7,785,757.
The short answer
Rates in Itirin run ahead of the Lagos State average, with bookings close to it. Listings averaged ₦170,236 a night and were booked on 31% 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 September, usually the slowest.
With 72 active listings, Itirin is the sixth-largest of 17 Lagos State markets AirROI tracks. From a year earlier, average revenue rose 30% while the number of active listings shrank 33%.
Browse the live Itirin Airbnb market See Every Itirin ListingRevenue
Gross bookings per Itirin listing averaged ₦9,340,094 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 Itirin listing brings in ₦2,260,000 in December, its best month, and ₦1,010,000 in September, 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 3.7 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 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, ₦1,420,000. 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 | ₦1,015,221 | 28.1% | ₦142,297 | ₦33,841 | 25 days | 6.8 nights |
| Oct 2025 | ₦1,380,333 | 32.8% | ₦144,066 | ₦44,527 | 45 days | 6.6 nights |
| Nov 2025 | ₦1,653,047 | 40.3% | ₦146,169 | ₦55,102 | 35 days | 6.8 nights |
| Dec 2025 | ₦2,430,786 | 47.1% | ₦160,645 | ₦78,412 | 69 days | 6.9 nights |
| Jan 2026 | ₦1,381,340 | 33.1% | ₦155,695 | ₦44,559 | 35 days | 6.1 nights |
| Feb 2026 | ₦1,061,671 | 35.8% | ₦146,717 | ₦37,917 | 14 days | 7.6 nights |
| Mar 2026 | ₦1,492,703 | 43.9% | ₦145,633 | ₦48,152 | 14 days | 6.6 nights |
| Apr 2026 | ₦1,414,941 | 31.4% | ₦146,767 | ₦47,165 | 14 days | 4.7 nights |
| May 2026 | ₦1,500,164 | 34.9% | ₦153,363 | ₦48,392 | 15 days | 5.6 nights |
| Jun 2026 | ₦1,870,527 | 37.8% | ₦154,052 | ₦62,351 | 23 days | 6.3 nights |
| Jul 2026 | ₦1,895,253 | 33.2% | ₦156,672 | ₦61,137 | 22 days | 8.1 nights |
| Aug 2026 | ₦1,488,790 | 32.1% | ₦154,963 | ₦48,025 | 22 days | 4.3 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.
The typical Itirin listing earns about ₦1,280,000 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
Yes, when it's run well. The average Itirin Airbnb took in ₦9,340,094 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 ₦15,642,000, and run by its owner at everyday costs, about ₦980,000 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 | ₦9,100,094 | ₦15,240,000 |
| Cleaning fees guests pay3% of Itirin bookings | ₦240,000 | ₦402,000 |
| Gross bookings | ₦9,340,094 | ₦15,642,000 |
| Running costs | ||
| Airbnb's feeAbout 11%: 15.5% for the 67% of Itirin listings on Simplified Pricing, 3% for the rest | −₦1,059,000 | −₦1,773,000 |
| Cleaning and laundryPaid for by the cleaning fee; ₦0 if you clean yourself | −₦240,000 | −₦402,000 |
| Utilities and internetAbout 5% of bookings | −₦467,000 | −₦782,000 |
| Guest suppliesToiletries, coffee, paper goods: about 2% | −₦187,000 | −₦313,000 |
| Repairs and upkeepIncluding linens and small replacements: about 3% | −₦280,000 | −₦469,000 |
| Short-term rental insuranceOne policy, on top of Airbnb's free AirCover | −₦93,000 | −₦93,000 |
| Permit and registrationWhere one is required | −₦47,000 | −₦47,000 |
| 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 | −₦2,373,000 | −₦3,879,000 |
| Left for housing costs, then profit | ₦6,967,094about ₦581,000 a month | ₦11,763,000about ₦980,000 a month |
| Housing costs | ||
| Mortgage or rent, property tax, home insurance, building or condo fees | Depend on the home | |
The estimate starts from Itirin'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 Itirin 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 ₦1,304,000 a month, against ₦778,000 for the average one.
Occupancy
Itirin listings were booked on 31% of the nights they were open over the past year, 2 percentage points above the Lagos State average (29%) and in line with the Nigeria average. In a typical year, occupancy climbs to 46% in December and falls to 30% in September.
The busiest tenth of listings are booked about 5.4 times as often as the bottom quarter.
December is usually the busiest month in Itirin, September the quietest
Share of open nights booked, by month, September 2024 to August 2026
The 12-month rate of 31% 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 Itirin, known as ADR (average daily rate), was ₦170,236 over the past year, about 16% above the Lagos State average of ₦147,000 and about 32% above the Nigeria average of ₦129,000. Averaged month by month over the past two years, rates peak in December at about ₦156,000 and bottom out in September and October at about ₦140,000.
The top 10% charge about 2.8 times the rate of the bottom quarter.
December rates run 12% 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. The 12-month ADR of ₦170,236 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 Itirin it averaged ₦48,600 over the past year, from about ₦33,800 in a typical September to about ₦72,800 in a typical December.
Per open night, by tier:
December RevPAR is about 2.2 times September's
Revenue per open night (RevPAR), by month, September 2024 to August 2026
The dashed line is the average of the months shown, ₦46,700.
Seasonality
Itirin has two high seasons, June–July and December, which makes it a moderately seasonal market. Business is slowest in August and September and slows again in February and March.
Average revenue by month in Itirin
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, ₦1,420,000.
| Month | Season | Revenue per listing |
|---|---|---|
| January | Shoulder season | ₦1,350,000 |
| February | Low season | ₦1,150,000 |
| March | Low season | ₦1,310,000 |
| April | Shoulder season | ₦1,340,000 |
| May | Shoulder season | ₦1,400,000 |
| June | High season | ₦1,630,000 |
| July | High season | ₦1,550,000 |
| August | Low season | ₦1,250,000 |
| September | Low season | ₦1,010,000 |
| October | Shoulder season | ₦1,370,000 |
| November | Shoulder season | ₦1,470,000 |
| December | High season | ₦2,260,000 |
| Season | Revenue per month | Occupancy | Nightly rate |
|---|---|---|---|
| High seasonDecember | ₦2,260,000 | 46% | ₦156,465 |
| High seasonJune–July | ₦1,590,000 | 34% | ₦148,911 |
| Shoulder seasonJanuary, April–May, October–November | ₦1,380,000 | 35% | ₦145,265 |
| Low seasonFebruary–March, August–September | ₦1,180,000 | 34% | ₦143,877 |
Seasons are grouped by revenue per listing, so a better-paying season can fill fewer nights when higher rates carry it.
Guests book Itirin stays 43 days ahead on average (about six weeks). December stays are booked furthest out, about 47 days ahead, and March stays closest to arrival, about 12 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 43 days averages each listing's year as a whole; each month here averages only the listings with stays in it.
Permits
None of the 72 active listings in Itirin 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 Itirin.
Neighborhoods
AirROI's area guide picks seven Itirin neighborhoods that draw short-term rental guests, led by Victoria Island, Lekki Phase 1 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 |
|---|---|---|
| Victoria Island | A vibrant commercial hub with a mix of business and leisure attractions, popular among tourists and expatriates seeking luxury and nightlife. | Lekki-Ikoyi Link Bridge, Elegushi Beach, Nike Art Gallery, Hard Rock Cafe, The Palms Shopping Mall |
| Lekki Phase 1 | An upscale residential area with beautiful beaches and a lively social scene, appealing to young professionals and vacationers alike. | Lekki Leisure Lake, Elegushi Beach, Lekki Arts and Crafts Market, National Museum Lagos, Oniru Private Beach |
| Ikoyi | Known for its affluence, hotels, and luxury apartments, Ikoyi attracts high-net-worth individuals and business travelers. | Ikoyi Club 1938, Lekki-Ikoyi Bridge, Nike Art Gallery, Freedom Park Lagos, National Museum Lagos |
| Surulere | A bustling neighborhood popular with locals and visitors, offering a blend of culture and recreation, making it attractive for short-term stays. | National Stadium, Jibowu Market, Shitta Roundabout, Surulere Park, Bolina Beach |
| Yaba | Known as a tech hub and home to universities, Yaba attracts students and tech professionals; perfect for budget travelers and young locals. | Yaba Market, The University of Lagos, National Museum Lagos, Tejuoso Market, Yaba Technology District |
| Festac Town | A planned residential area popular with families, offering affordable accommodation options and a vibrant community feel. | Festac Town Shopping Mall, Festac Cultural Center, Shops and local markets, Nigerian National Gallery of Art |
| Epe | A quieter town known for its natural beauty and historical significance, ideal for travelers seeking a serene getaway. | Epe Beach, Lekki Conservation Centre, Epe Resort and Spa, Eredo Hill, Ibeju-Lekki |
Area descriptions are AI-assisted from public sources and are not checked against zoning.
Listings
Entire homes make up 86% of listings in Itirin, alongside 9 private-room listings (13%). Apartments and condos account for 96% of the stock; hotels, guesthouses and B&Bs come next at 3%.
Mostly entire homes, with a private-room segment
Itirin Airbnb listings by room type
| Room type | Share of listings | Listings |
|---|---|---|
| Entire home | 86.1% | 62 |
| Private room | 12.5% | 9 |
| Shared room | 1.4% | 1 |
Apartments dominate the property mix
Itirin Airbnb listings by property type
| Property type | Share of listings | Listings |
|---|---|---|
| Apartment/Condo | 95.8% | 69 |
| Hotel/Boutique | 2.8% | 2 |
| House | 1.4% | 1 |
One-bedroom homes are the most common size in Itirin (33% of entire homes), followed by two-bedroom homes (28%). Shares are of the 61 entire homes that give a bedroom count; rented rooms are left out.
Itirin 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 | 14.8% | 9 |
| 1 bedroom | 32.8% | 20 |
| 2 bedrooms | 27.9% | 17 |
| 3 bedrooms | 18.0% | 11 |
| 4 bedrooms | 6.6% | 4 |
A typical one-bedroom home in Itirin earned ₦10,400,000 over the past year, against ₦4,170,000 for a three-bedroom home.
| Home size | Listings | Typical annual revenue (median) | Average annual revenue | Avg. nightly rate | Occupancy |
|---|---|---|---|---|---|
| 1 bedroom | 20 | ₦10,400,000 | ₦11,900,000 | ₦121,942 | 35% |
| 2 bedrooms | 17 | ₦5,720,000 | ₦10,400,000 | ₦182,690 | 31% |
| 3 bedrooms | 11 | ₦4,170,000 | ₦7,550,000 | ₦202,917 | 28% |
Most Itirin listings are sized for couples and small families: 72% sleep four guests or fewer, and just 6% take eight or more. Shares are of the 68 listings with a guest capacity on file (94% of the market).
Itirin 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 |
|---|---|---|
| 1 guest | 2.9% | 2 |
| 2 guests | 41.2% | 28 |
| 3 guests | 10.3% | 7 |
| 4 guests | 17.6% | 12 |
| 5 guests | 5.9% | 4 |
| 6 guests | 11.8% | 8 |
| 7 guests | 4.4% | 3 |
| 8+ guests | 5.9% | 4 |
Itirin hosts set up an average of 1.8 beds per listing, close to one bed per bedroom. About three in ten listings (29%) show their exact location on the listing map; the rest show an approximate area.
Pools are common in Itirin: 56% of listings have one, and 89% have a washer.
Share of Itirin listings with each common amenity
Guests
Itirin runs on foreign visitors: nine in ten guests who left reviews live outside Nigeria. The United States leads with 38% of reviewers, ahead of the United Kingdom at 19%. English is spoken by 64% of guests, and French by 12%.
89% of Itirin guests come from abroad
Where guests who left reviews live
Where Itirin guests come from: top cities
Share of guests who left reviews
| Origin city | Share of guests |
|---|---|
| London | 9.3% |
| New York | 6.5% |
| Toronto | 4.2% |
| Lagos | 3.7% |
| Washington | 3.2% |
Where Itirin guests come from: top countries
Share of guests who left reviews
| Origin country | Share of guests |
|---|---|
| United States | 38.1% |
| United Kingdom | 18.6% |
| Nigeria | 10.6% |
| Canada | 7.5% |
| Germany | 4.9% |
Languages spoken by Itirin guests
Share of guests who left reviews
| Language | Share of guests |
|---|---|
| English | 63.8% |
| French | 12.2% |
| Spanish | 6.4% |
| German | 5.9% |
| Arabic | 2.1% |
Itirin Airbnbs average 4.67 stars, and 19% of listings hold Airbnb's Guest Favorite badge. Guests are toughest on value for money: it scores 4.61, against 4.81 for host communication.
Communication scores highest in Itirin; value is lowest
Average guest rating out of 5 by category; the bars start at 4.0
| Category | Average rating (out of 5) |
|---|---|
| Accuracy | 4.68 |
| Cleanliness | 4.67 |
| Communication | 4.81 |
| Location | 4.77 |
| Check-in | 4.75 |
| Value | 4.61 |
Booking patterns
About nine in ten Itirin listings are open to guests more than 180 days a year, but only 11% are booked or blocked that many days. The most common booked-or-blocked total is 1 to 30 days a year, covering 47% of listings; blocked nights include any the host closes off.
Days a year Itirin listings are open to guests
Share of listings by days a year
| Days a year | Share of listings | Listings |
|---|---|---|
| 271-366 days | 69.4% | 50 |
| 181-270 days | 19.4% | 14 |
| 91-180 days | 11.1% | 8 |
Days a year Itirin listings are booked or blocked
Share of listings by days a year
| Days a year | Share of listings | Listings |
|---|---|---|
| 181-270 days | 11.1% | 8 |
| 91-180 days | 20.8% | 15 |
| 31-90 days | 20.8% | 15 |
| 1-30 days | 47.2% | 34 |
Bookings in Itirin average 5.1 to 7 nights depending on the month, longest in December and shortest in April. Listings took about 10 bookings each over the year. About 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 Itirin
Average nights per booking, by month of stay
Two-year average by calendar month.
More than seven in ten listings in Itirin accept stays of one or two nights.
Minimum stay set by Itirin 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 Itirin, used by 64% of listings; it refunds guests in full if they cancel at least a day before check-in. Hosts here lean flexible: more than eight in ten listings offer Flexible or Moderate terms, against 18% on Firm or stricter ones.
Cancellation policies of Itirin listings, from most to least flexible
Share of listings by the policy they use
More than two-thirds of Itirin listings charge a cleaning fee. The typical fee is about ₦27,560. Spread over the average stay of about six nights, that adds roughly ₦4,490 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 Itirin, a two-bedroom unit, took in ₦49,300,000 over the past year, about 5.3 times the city's average of ₦9,340,000. Four of the six listings below have two bedrooms or fewer, so size alone doesn't explain the top of this market.
Lagoon-View 2BR Retreat | 1004 Estate - VI Entire home · 2 bedrooms Rated 4.88
Homely 2BD in Victoria island • Fast WiFi Entire home · 2 bedrooms Rated 4.63
Lagoon View 3BR• 14th Floor • 1004 Estate Entire home · 3 bedrooms Rated 4.83
Large 4BR Retro Design Apt | Close to Eko Hotel Entire home · 4 bedrooms Rated 4.50
1BR Oasis in VI / Guest Favorite/ Free Cleaning Entire home · 1 bedroom Rated 4.95
The Blue Apt @Iconic Tower, off Ajose Adeogun VI Entire home · 1 bedroom Rated 4.86 Only 4% of Itirin listings are classed as professionally managed, though 50% 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 67% of listings.
Nearby markets
Of the eight nearby markets in the table, all within 10 km, Falomo (2 km away, 75 listings) earned the most per listing, about 28% more than Itirin.
| Market | Listings | Avg. annual revenue | Avg. nightly rate | Occupancy |
|---|---|---|---|---|
| Falomo 2 km | 75 | ₦11,963,883 | ₦242,433 | 28% |
| Ilado 3 km | 110 | ₦6,359,516 | ₦152,711 | 26% |
| Moba 5 km | 124 | ₦9,145,852 | ₦165,582 | 30% |
| Ikate 5 km | 104 | ₦7,590,079 | ₦153,813 | 26% |
| Igboefon 8 km | 58 | ₦6,992,023 | ₦119,184 | 32% |
| Lekki 8 km | 607 | ₦6,439,441 | ₦137,691 | 32% |
| Lagos 9 km | 804 | ₦6,844,576 | ₦133,446 | 32% |
| Ojomu 10 km | 41 | ₦6,027,416 | ₦138,366 | 26% |
FAQ
An active Itirin Airbnb grossed ₦9,340,094 on average in the 12 months to September 2026, according to AirROI's tracking of 72 active listings. That is before cleaning, management, taxes and financing. Busier, better-run listings do far better: the top quarter took in ₦2,150,000 or more in a typical month.
It depends most on the home's size, location and how it's run. The middle half of Itirin listings earn between ₦570,000 and ₦2,150,000 in a typical month, and the top tenth ₦3,320,000 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 Itirin were booked on 31% 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 Itirin cost ₦170,236 before fees. Half of listings charge between ₦86,100 and ₦188,000, so bedroom count and location move the price more than the average suggests.
None of the active Itirin 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 Itirin Airbnb grossed ₦9,340,094 in the 12 months to September 2026, 20% above 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 ₦980,000 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 ₦2,260,000 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 Itirin listing was open to book earned ₦48,600 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 ₦81,600 or more.
Itirin stays were booked 43 days (about six weeks) before arrival on average over the past year, so most of a month is booked well before it starts.
The average Itirin Airbnb stay lasts about six nights. A listing took 10 reservations over the year on average.
Guests rate Itirin Airbnbs 4.67 out of 5 on average. Guests score communication highest and value lowest.
Victoria Island, Lekki Phase 1 and Ikoyi draw the most short-term rental interest in Itirin. The neighborhood guide explains what brings guests to each.
AirROI counted 72 active Airbnb listings in Itirin as of September 2026. The closest tracked market is Falomo, 2 km away.
In Itirin, more than two-thirds of listings add a cleaning fee, and the typical fee is about ₦27,560.
Method
Figures on this page cover 72 active Airbnb listings in Itirin 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.