Airbnb market data · 202612 months to October 2026
Shangisha, Nigeria Airbnb Market Data: Revenue, Occupancy & Trends
The average Airbnb in Shangisha brought in ₦4,561,996 over the 12 months through October 2026, across just 22 active listings, so a single property can move that figure.
The short answer
Shangisha Airbnb Market at a Glance
Shangisha is cheaper but busier than the Lagos State average. Listings averaged ₦89,055 a night and were booked on 34% of available nights, against ₦155,000 and 30% for the Lagos State average.
December, usually the best month, brings in about 69% more per listing than July, usually the slowest. With only 22 active listings, a few bookings can reorder the months.
With 22 active listings, Shangisha is the 13th-largest of 17 Lagos State markets AirROI tracks.
Browse the live Shangisha Airbnb market See Every Shangisha ListingRevenue
How Much Do Airbnb Hosts Make in Shangisha?
Gross bookings per Shangisha listing averaged ₦4,561,996 over the 12 months to October 2026 (Lagos State average: ₦8,393,118), before cleaning, platform and management costs and taxes.
In a typical year, the average Shangisha listing brings in ₦1,210,000 in December, its best month, and ₦714,000 in July, its slowest. March runs within 1% of July, so either can be the slowest in a given year. The three strongest months bring in 31% of a full year's revenue, where an even calendar would give any three months 25%.
Across Shangisha's 22 active listings, monthly revenue by tier:
- Best-in-class properties (top 10%) earn ₦1,960,000+ a month, about three times the typical property.
- Strong performers (top 25%) earn ₦1,300,000 or more, roughly ₦660,000 a month above the median.
- Typical properties (median) earn about ₦642,000 a month.
- Entry-level properties (bottom 25%) earn ₦295,000 or less, about 46% of the median.
These are monthly figures for listings active in each month. The annual average above also counts listings that operated for only part of the year, so it runs below twelve times these figures.
December earns about 1.7 times what July does
Average revenue per active listing, by month, October 2024 to September 2026
The dashed line is the average of the months shown, ₦871,000. 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.
Shangisha Airbnb Data by Month
Latest 12 months in the October 2026 data. October's figures are still coming in, so the rows run to September.
September 2026 led on revenue and bookings; nightly rates peaked in April 2026. Across the past two years, December is usually the strongest month.
| Month | Avg. Revenue | Occupancy | Avg. Nightly Rate | RevPAR | Booking Lead Time | Avg. Length of Stay |
|---|---|---|---|---|---|---|
| Oct 2025 | ₦955,577 | 40.2% | ₦81,493 | ₦30,825 | 47 days | 6.3 nights |
| Nov 2025 | ₦769,840 | 21.4% | ₦80,427 | ₦25,661 | 35 days | 4.5 nights |
| Dec 2025 | ₦1,290,191 | 35.0% | ₦81,785 | ₦41,619 | 77 days | 9.7 nights |
| Jan 2026 | ₦1,016,155 | 42.2% | ₦81,796 | ₦32,779 | 69 days | 8.7 nights |
| Feb 2026 | ₦314,811 | 18.8% | ₦79,574 | ₦11,243 | 31 days | 2 nights |
| Mar 2026 | ₦382,577 | 20.3% | ₦79,956 | ₦12,341 | 12 days | 6 nights |
| Apr 2026 | ₦721,572 | 31.3% | ₦82,157 | ₦24,052 | 9 days | 4.4 nights |
| May 2026 | ₦948,043 | 41.5% | ₦81,342 | ₦30,582 | 20 days | 9.9 nights |
| Jun 2026 | ₦942,197 | 30.0% | ₦80,004 | ₦31,407 | 17 days | 9.6 nights |
| Jul 2026 | ₦902,079 | 38.2% | ₦79,777 | ₦29,099 | 28 days | 5 nights |
| Aug 2026 | ₦622,498 | 36.0% | ₦79,587 | ₦20,081 | 29 days | 8.7 nights |
| Sep 2026 | ₦1,384,116 | 49.0% | ₦79,854 | ₦46,137 | 9 days | 10.1 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 Shangisha address, run it through the Airbnb estimator.
Profit
Is an Airbnb in Shangisha Profitable?
Yes, when it's run well. The average Shangisha Airbnb took in ₦4,561,996 in the 12 months to October 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 ₦9,227,000, and run by its owner at everyday costs, about ₦551,000 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.
Shangisha Airbnb Income, Expenses and Profit per Year
| Line | Average listing | Top-quarter listing |
|---|---|---|
| Money in | ||
| Nightly bookings | ₦4,411,996 | ₦8,924,000 |
| Cleaning fees guests pay3% of Shangisha bookings | ₦150,000 | ₦303,000 |
| Gross bookings | ₦4,561,996 | ₦9,227,000 |
| Running costs | ||
| Airbnb's feeAbout 14%: 15.5% for the 91% of Shangisha listings on Simplified Pricing, 3% for the rest | −₦655,000 | −₦1,325,000 |
| Cleaning and laundryPaid for by the cleaning fee; ₦0 if you clean yourself | −₦150,000 | −₦303,000 |
| Utilities and internetAbout 5% of bookings | −₦228,000 | −₦461,000 |
| Guest suppliesToiletries, coffee, paper goods: about 2% | −₦91,000 | −₦185,000 |
| Repairs and upkeepIncluding linens and small replacements: about 3% | −₦137,000 | −₦277,000 |
| Short-term rental insuranceOne policy, on top of Airbnb's free AirCover | −₦46,000 | −₦46,000 |
| Permit and registrationWhere one is required | −₦23,000 | −₦23,000 |
| 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 26% of bookings, plus cleaning paid for by the cleaning fee | −₦1,330,000 | −₦2,620,000 |
| Left for housing costs, then profit | ₦3,231,996about ₦269,000 a month | ₦6,607,000about ₦551,000 a month |
| Housing costs | ||
| Mortgage or rent, property tax, home insurance, building or condo fees | Depend on the home | |
Estimate Your Own Shangisha Airbnb Profit
The estimate starts from Shangisha'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 Shangisha home, with its price, its mortgage or rent and your own costs, use the Airbnb profit calculator. It starts from the comparable listings around the address.
How Shangisha's Top Earners Get There
- More nights booked. The busiest quarter of Shangisha listings are booked on 50% or more of their nights, against 29% for the median listing. Ten more booked nights a year at the median rate of ₦72,000 adds about ₦720,000 in bookings.
- Prices that follow demand. Ranked by price, the top quarter charge ₦104,000 a night or more, against a median of ₦72,000. That is a separate ranking from the busiest quarter, so the two marks don't multiply into one listing's takings. For the average listing, a 10% higher rate on the nights it already books adds about ₦441,000 a year.
- Open for the busy months. In a typical year, December brings the average listing about ₦1,210,000, against ₦714,000 in July, so a calendar that is open and full in the busy months carries the year.
- Reviews that stand out. Shangisha listings average 4.78 stars, and 32% carry Airbnb's Guest Favorite badge, which guests can filter for.
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 ₦769,000 a month, against ₦380,000 for the average one.
Occupancy
What Is the Airbnb Occupancy Rate in Shangisha?
Shangisha listings were booked on 34% of the nights they were open over the past year, 4 percentage points above the Lagos State average (30%) and 4 points above the Nigeria average (30%). In a typical year, occupancy climbs to 45% in August and falls to 28% in November.
Across Shangisha's 22 active listings, the share of open nights booked by tier:
- Best-in-class properties (top 10%) are booked 68%+ of open nights, 39 points above the median.
- Strong performers (top 25%) fill 50% or more, roughly four nights a week.
- Typical properties (median) fill about 29% of open nights.
- Entry-level properties (bottom 25%) fill 12% or less, less than one night a week.
August is usually the busiest month in Shangisha, November the quietest
Share of open nights booked, by month, October 2024 to September 2026
The 12-month rate of 34% averages each listing's whole year, slow months included; each month here counts only the listings booked in it.
Nightly rates
How Much Does an Airbnb Cost per Night in Shangisha?
The average nightly rate in Shangisha, known as ADR (average daily rate), was ₦89,055 over the past year, about 43% below the Lagos State average of ₦155,000 and about 36% below the Nigeria average of ₦139,000. Averaged month by month over the past two years, rates barely change through the year, staying between about ₦73,300 and ₦80,200.
Across Shangisha's 22 active listings, nightly rates by tier:
- Best-in-class properties (top 10%) charge ₦140,000+ a night, about twice the median.
- Strong performers (top 25%) charge ₦104,000 or more, about ₦32,000 above the median.
- Typical properties (median) charge about ₦72,000 a night.
- Entry-level properties (bottom 25%) charge ₦45,000 or less, about 62% of the median.
Average nightly rate by month in Shangisha
Average nightly rate (ADR), by month, October 2024 to September 2026
The dashed line is the average of the months shown, ₦77,900. The 12-month ADR of ₦89,055 averages each listing's own rate across its whole year; the monthly points average listings month by month, so the two differ.
What Is the RevPAR for Airbnb in Shangisha?
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 Shangisha it averaged ₦31,000 over the past year, from about ₦23,000 in a typical July to about ₦39,000 in a typical December.
Across Shangisha's 22 active listings, RevPAR by tier:
- Best-in-class properties (top 10%) earn ₦56,000+ per open night, about 1.7 times the median.
- Strong performers (top 25%) earn ₦50,800 or more, about ₦18,000 a night above the median.
- Typical properties (median) earn about ₦32,400 per open night.
- Entry-level properties (bottom 25%) earn ₦14,000 or less, about 43% of the median.
December RevPAR is about 1.7 times July's
Revenue per open night (RevPAR), by month, October 2024 to September 2026
The dashed line is the average of the months shown, ₦28,600. The 12-month RevPAR of ₦31,000 averages each listing's whole year, slow months included; each month here counts only the listings booked in it.
Seasonality
Best and Worst Months for Airbnb in Shangisha
With only 22 active listings, the monthly pattern in Shangisha is noisy, since a few long or pricey stays can lift a month; revenue has tended to peak in December and bottom out in July.
Average revenue by month in Shangisha
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, ₦908,000.
Revenue by month in Shangisha in numbers
| Month | Revenue per listing |
|---|---|
| January | ₦1,030,000 |
| February | ₦851,000 |
| March | ₦718,000 |
| April | ₦811,000 |
| May | ₦837,000 |
| June | ₦835,000 |
| July | ₦714,000 |
| August | ₦1,050,000 |
| September | ₦1,120,000 |
| October | ₦915,000 |
| November | ₦795,000 |
| December | ₦1,210,000 |
How Far in Advance Do Guests Book Airbnb in Shangisha?
Guests book Shangisha stays 45 days ahead on average (about six weeks). December stays are booked furthest out, about 51 days ahead, and March stays closest to arrival, about 10 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, October 2024 to September 2026
The 12-month figure of 45 days averages each listing's year as a whole; each month here averages only the listings with stays in it.
Permits
Airbnb Permits and Registration in Shangisha
None of the 22 active listings in Shangisha 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 Shangisha.
Neighborhoods
Best Neighborhoods for Airbnb in Shangisha
AirROI's area guide picks six Shangisha neighborhoods that draw short-term rental guests, led by Victoria Island, Surulere and Eko Atlantic. 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 | An affluent area in Lagos known for its business district and luxury accommodations. This area attracts both leisure and business travelers. | Lekki-Ikoyi Link Bridge, Oniru Beach, Nike Art Gallery, Four Points by Sheraton, Elegushi Royal Beach |
| Surulere | Known for its rich local culture and proximity to sporting events, Surulere attracts families and locals alike, offering a mix of social activities. | National Stadium, Shitta-Balogun Stadium, Bode Thomas Market, Irefin Market, Mapo Hall |
| Eko Atlantic | A modern development aimed at creating a sustainable city. It's an exciting area for tourists looking for a futuristic living experience. | Eko Atlantic, Bar Beach, The Lagos Marina, Landmark Village, Tarkwa Bay Beach |
| Yaba | Known for its tech hubs and universities, Yaba attracts young professionals and students, offering vibrant nightlife and cultural experiences. | National Theatre, Yabatech, Jibowu Street, Tech hubs and start-ups, Cultural centers |
| Ikoyi | A residential and commercial area celebrated for its luxury apartments and high-end amenities, attracting affluent travelers. | Ikoyi Club 1938, Lekki-Ikoyi Link Bridge, Glover Memorial Hall, The National Museum, Landmark Centre |
| Mushin | A bustling area known for its markets and vibrant street life, offering an authentic Lagos experience for adventurous travelers. | Mushin Market, Olowora Market, Cultural festivals, Street food experiences, Local crafts and art |
Area descriptions are AI-assisted from public sources and are not checked against zoning.
Nearby markets
Shangisha vs. Nearby Airbnb Markets
Of the eight nearby markets in the table, all within 24 km, Falomo (20 km away, 74 listings) earned the most per listing, about 2.8 times as much as Shangisha.
| Market | Listings | Avg. annual revenue | Avg. nightly rate | Occupancy |
|---|---|---|---|---|
| Ikeja 4 km | 251 | ₦8,164,790 | ₦125,209 | 32% |
| Lagos 12 km | 817 | ₦7,600,847 | ₦144,493 | 32% |
| Falomo 20 km | 74 | ₦12,637,818 | ₦250,418 | 29% |
| Itirin 21 km | 67 | ₦10,490,710 | ₦178,825 | 31% |
| Moba 22 km | 122 | ₦9,595,279 | ₦173,323 | 31% |
| Ilado 23 km | 105 | ₦6,819,580 | ₦161,590 | 27% |
| Ikate 23 km | 100 | ₦7,958,469 | ₦159,637 | 26% |
| Ojomu 24 km | 41 | ₦5,939,279 | ₦145,731 | 25% |
Other Airbnb Markets in Lagos State
- Igboefon Airbnb data 59 listings
- Ikota Airbnb data 38 listings
FAQ
Shangisha Airbnb FAQ
How much do Airbnb hosts make in Shangisha?
An active Shangisha Airbnb grossed ₦4,561,996 on average in the 12 months to October 2026, according to AirROI's tracking of 22 active listings. That is before cleaning, management, taxes and financing. Busier, better-run listings do far better: the top quarter took in ₦1,300,000 or more in a typical month.
How much can I make on Airbnb in Shangisha?
It depends most on the home's size, location and how it's run. The middle half of Shangisha listings earn between ₦295,000 and ₦1,300,000 in a typical month, and the top tenth ₦1,960,000 or more. For one home, enter its address and bedroom count in the Airbnb income calculator: it compares the home with similar listings nearby.
What is the average Airbnb occupancy rate in Shangisha?
Listings in Shangisha were booked on 34% of available nights over the past year. That compares with 30% for the Lagos State average. August is usually the busiest month.
How much does an Airbnb cost per night in Shangisha?
The average booked night in Shangisha cost ₦89,055 before fees. Half of listings charge between ₦45,000 and ₦104,000, so bedroom count and location move the price more than the average suggests.
Do you need a permit for an Airbnb in Shangisha?
None of the active Shangisha listings display a registration, permit or license number. That doesn't mean no rules apply, so confirm registration, permit and tourist-tax rules with the local authority before buying.
Is Airbnb profitable in Shangisha?
Yes, when it's run well. The average Shangisha Airbnb grossed ₦4,561,996 in the 12 months to October 2026, 46% below the Lagos State average of ₦8,393,118, though with only 22 active listings a single property can move that figure, 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 ₦551,000 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.
When is Airbnb peak season in Shangisha?
December usually pays best, averaging ₦1,210,000 per active listing over the past two years, and July usually pays least. The month-by-month table above shows how the latest 12 months played out.
What is the Airbnb RevPAR in Shangisha?
Each night a Shangisha listing was open to book earned ₦31,000 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 ₦56,000 or more.
How far in advance do guests book Airbnbs in Shangisha?
Shangisha stays were booked 45 days (about six weeks) before arrival on average over the past year, so most of a month is booked well before it starts.
How long do guests stay at Airbnbs in Shangisha?
The average Shangisha Airbnb stay lasted 8.2 nights over the past year. A listing took 8 reservations over the year on average.
How are Airbnbs in Shangisha rated?
Guests rate Shangisha Airbnbs 4.78 out of 5 on average. Guests score check-in highest and cleanliness lowest.
What are the best neighborhoods for Airbnb in Shangisha?
Victoria Island, Surulere and Eko Atlantic draw the most short-term rental interest in Shangisha. The neighborhood guide explains what brings guests to each.
How many Airbnbs are there in Shangisha?
AirROI counted 22 active Airbnb listings in Shangisha as of October 2026. The closest tracked market is Ikeja, 4 km away.
How much are Airbnb cleaning fees in Shangisha?
In Shangisha, more than a third of listings add a cleaning fee. The median fee is ₦13,755, but a minority of much higher fees lifts the average to ₦27,853, so the median is the better guide.
How many tourists visit Shangisha, Nigeria?
All of Nigeria had 538,927 international tourist arrivals in 2024, UN Tourism reports, via Our World in Data. AirROI estimates 159 Airbnb stays in Shangisha, Nigeria in the 12 months to October 2026, which counts bookings and not tourists. See Nigeria tourism statistics.
Method
About This Data
Figures on this page cover 22 active Airbnb listings in Shangisha from November 2025 to October 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 ₦1,375 per US$, the typical rate from November 2025 to October 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.