Agege Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in Lagos, Nigeria
Is Airbnb profitable in Agege in 2025? Explore comprehensive Airbnb analytics for Agege, Lagos, Nigeria to uncover income potential. This 2025 STR market report for Agege, based on AirROI data from May 2024 to April 2025, reveals key trends in the niche market of 34 active listings.
Whether you're considering an Airbnb investment in Agege, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Agege Airbnb data is crucial. Leveraging the low regulation environment is key to maximizing your short term rental income potential. Let's dive into the specifics.
Key Agege Airbnb Performance Metrics Overview
Monthly Airbnb Revenue Variations & Income Potential in Agege (2025)
Understanding the monthly revenue variations for Airbnb listings in Agege is key to maximizing your short term rental income potential. Seasonality significantly impacts earnings. Our analysis, based on data from the past 12 months, shows that the peak revenue month for STRs in Agege is typically May, while December often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Agege across different performance tiers:
- Best-in-class properties (Top 10%) achieve $2,538+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $1,237 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $687 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $399, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in Agege
Agege Airbnb Occupancy Rate Trends (2025)
Maximize your bookings by understanding the Agege STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Octobersees the highest demand (peak season occupancy), while June experiences the lowest (low season). Effective strategies, like adjusting minimum stays or offering promotions, can boost occupancy during slower periods. Here's how different property tiers perform in Agege:
- Best-in-class properties (Top 10%) achieve 79%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 64% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 41%.
- Entry-level properties (Bottom 25%) average 19% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in Agege
Average Daily Rate (ADR) Airbnb Trends in Agege (2025)
Effective short term rental pricing strategy in Agege involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Agege typically peaks in July and dips lowest during April. Leveraging Airbnb dynamic pricing tools or strategies based on this seasonality can significantly boost revenue. Here's a look at the typical nightly rates achieved:
- Best-in-class properties (Top 10%) command rates of $125+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $88 or more.
- Typical properties (Median) charge around $53 per night.
- Entry-level properties (Bottom 25%) earn around $29 per night.
Average Daily Rate (ADR) Trend by Month in Agege
Get Live Agege Market Intelligence 👇
Explore Real-time Analytics
Airbnb Seasonality Analysis & Trends in Agege (2025)
Peak Season (May, June, November)
- Revenue averages $1,828 per month
- Occupancy rates average 39.2%
- Daily rates average $76
Shoulder Season
- Revenue averages $913 per month
- Occupancy maintains around 48.9%
- Daily rates hold near $65
Low Season (August, September, December)
- Revenue drops to average $634 per month
- Occupancy decreases to average 44.2%
- Daily rates adjust to average $73
Seasonality Insights for Agege
- The Airbnb seasonality in Agege shows highly seasonal trends requiring careful strategy. While the sections above show seasonal averages, it's also insightful to look at the extremes:
- During the high season, the absolute peak month showcases Agege's highest earning potential, with monthly revenues capable of climbing to $2,306, occupancy reaching a high of 70.3%, and ADRs peaking at $77.
- Conversely, the slowest single month of the year, typically falling within the low season, marks the market's lowest point. In this month, revenue might dip to $541, occupancy could drop to 23.3%, and ADRs may adjust down to $57.
- Understanding both the seasonal averages and these monthly peaks and troughs in revenue, occupancy, and ADR is crucial for maximizing your Airbnb profit potential in Agege.
Seasonal Strategies for Maximizing Profit
- Peak Season: Maximize revenue through premium pricing and potentially longer minimum stays. Ensure high availability.
- Low Season: Offer competitive pricing, special promotions (e.g., extended stay discounts), and flexible cancellation policies. Target off-season travelers like remote workers or budget-conscious guests.
- Shoulder Seasons: Implement dynamic pricing that balances peak and low rates. Target weekend travelers or specific events. Offer slightly more flexible terms than peak season.
- Regularly analyze your own performance against these Agege seasonality benchmarks and adjust your pricing and availability strategy accordingly.
Best Areas for Airbnb Investment in Agege (2025)
Exploring the top neighborhoods for short-term rentals in Agege? This section highlights key areas, outlining why they are attractive for hosts and guests, along with notable local attractions. Consider these locations based on your target guest profile and investment strategy.
| Neighborhood / Area | Why Host Here? (Target Guests & Appeal) | Key Attractions & Landmarks |
|---|---|---|
| Agege Central | A bustling area known for its accessibility and proximity to major transportation hubs, ideal for both business and leisure travelers. | Agege Motor Road, Agege Stadium, Local Markets, Oubosun Park, Agbado Railway Station |
| Iju Junction | Located at a major junction, this area sees heavy foot traffic and offers numerous amenities, making it attractive for short-term stays. | Iju National Park, Local eateries, Shopping centers, Schools, Transport links |
| Iloro | A charming local neighborhood with a growing number of visitors due to its proximity to Lagos mainland attractions and cultural spots. | Iloro Market, Local Festivals, Art galleries, Lagos State University, Oshodi Arts Center |
| Bola Ahmed Tinubu Avenue | This avenue is getting popular for its modern facilities and connectivity, making it an attractive stay for tourists and business travelers alike. | Sports complexes, Shopping malls, Restaurants, Event centers, Cultural sites |
| Dawodu | A quieter residential area that offers comfortable accommodations for guests looking to explore the vibrant culture of Lagos without the city hustle. | Local parks, Community markets, Artisans, Cultural heritage sites, Nature spots |
| Ikeja | Close to the airport and major city attractions, Ikeja is a prime location for short-term rentals, appealing to travelers looking for convenience. | Ikeja City Mall, Nike Art Gallery, Kalakuta Museum, Cultural centers, Event venues |
| Ojokoro | An emerging area with a family-friendly atmosphere, appealing to both short-term and long-term guests seeking local experiences. | Ojokoro Park, Local markets, Cultural events, Community gatherings, Transport accessibility |
| Abule Egba | A densely populated area with myriad shopping and dining options, making it a convenient and appealing location for visitors to Lagos. | Abule Egba Market, Local restaurants, Shopping plazas, Lagos State Polytechnic, Community activities |
Understanding Airbnb License Requirements & STR Laws in Agege (2025)
While Agege, Lagos, Nigeria currently shows low STR regulations, specific Airbnb license requirements might still exist or change. Always verify the latest short term rental regulations and Airbnb license requirements directly with local government authorities for Agege to ensure full compliance before hosting.
(Source: AirROI data, 2025, finding no licensed listings among those analyzed)
Top Performing Airbnb Properties in Agege (2025)
Benchmark your potential! Explore examples of top-performing Airbnb properties in Agegebased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
5 bedroom fully detached duplex
Private Room • 5 bedrooms
Spacious 5-Bedroom Apartments for Modern Living.
Entire Place • 5 bedrooms
A comfy 5-bedroom duplex in a secured environment
Entire Place • 4 bedrooms
Blue wood
Entire Place • 4 bedrooms
Icempire Residence
Entire Place • 3 bedrooms
Icempire Residence Raddison
Entire Place • 3 bedrooms
Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.
Top Performing Airbnb Hosts in Agege (2025)
Learn from the best! This table showcases top-performing Airbnb hosts in Agege based on the number of properties managed and estimated total revenue over the past year. Analyze their scale and performance metrics.
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Adewunmi | 5 | $38,281 | 42 | 3.90/5.0 |
| Host #325141523 | 4 | $27,839 | 0 | 0.00/5.0 |
| Host #458265661 | 1 | $22,757 | 0 | 0.00/5.0 |
| David | 3 | $10,225 | 3 | 1.67/5.0 |
| Host #471594463 | 2 | $8,714 | 0 | 0.00/5.0 |
| Host #357706101 | 1 | $8,602 | 0 | 0.00/5.0 |
| Host #333086088 | 1 | $8,165 | 0 | 0.00/5.0 |
| Host #464400640 | 2 | $6,725 | 0 | 0.00/5.0 |
| Host #498517672 | 1 | $6,669 | 0 | 0.00/5.0 |
| Host #432864301 | 1 | $5,779 | 0 | 0.00/5.0 |
Analyzing the strategies of top hosts, such as their property selection, pricing, and guest communication, can offer valuable lessons for optimizing your own Airbnb operations in Agege.
Dive Deeper: Advanced Agege STR Market Data (2025)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Agege. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsAgege Short-Term Rental Market Composition (2025): Property & Room Types
Room Type Distribution
Property Type Distribution
Market Composition Insights for Agege
- The Agege Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 85.3% of the 34 active rentals. This indicates strong guest preference for privacy and space.
- Looking at the property type distribution in Agege, Apartment/Condo properties are the most common (76.5%), reflecting the local real estate landscape.
- Houses represent a significant 17.6% portion, catering likely to families or larger groups.
- The presence of 5.9% Hotel/Boutique listings indicates integration with traditional hospitality.
Agege Airbnb Room Capacity Analysis (2025): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for Agege
- The dominant room capacity in Agege is 2 bedrooms listings, making up 52.9% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
- Together, 2 bedrooms and 1 bedroom properties represent 76.4% of the active Airbnb listings in Agege, indicating a high concentration in these sizes.
- A significant 23.5% of listings offer 3+ bedrooms, catering to larger groups and families seeking more space in Agege.
Agege Vacation Rental Guest Capacity Trends (2025)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for Agege
- The most common guest capacity trend in Agege vacation rentals is listings accommodating 4 guests (41.2%). This suggests the primary traveler segment is likely small families or groups.
- Properties designed for 4 guests and 2 guests dominate the Agege STR market, accounting for 64.7% of listings.
- 20.6% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Agege.
- On average, properties in Agege are equipped to host 4.2 guests.
Agege Airbnb Booking Patterns (2025): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for Agege
- The most common availability pattern in Agege falls within the 271-366 days range, representing 79.4% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 85.3% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
- For booked days, the 31-90 days range is most frequent in Agege (76.5%), reflecting common guest stay durations or potential owner blocking patterns.
- A notable 14.7% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.
Agege Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
1 Night
28 listings
90.3% of total
2 Nights
1 listings
3.2% of total
3 Nights
1 listings
3.2% of total
30+ Nights
1 listings
3.2% of total
Key Insights
- The most prevalent minimum stay requirement in Agege is 1 Night, adopted by 90.3% of listings. This highlights the market's preference for shorter, flexible bookings.
- A strong majority (93.5%) of the Agege Airbnb data shows acceptance of very short stays (1-2 nights), indicating a dynamic, high-turnover market.
Recommendations
- Align with the market by considering a 1 Night minimum stay, as 90.3% of Agege hosts use this setting.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Agege.
Agege Airbnb Cancellation Policy Trends Analysis (2025)
Flexible
7 listings
87.5% of total
Moderate
1 listings
12.5% of total
Cancellation Policy Insights for Agege
- The prevailing Airbnb cancellation policy trend in Agege is Flexible, used by 87.5% of listings.
- The market strongly favors guest-friendly terms, with 100.0% of listings offering Flexible or Moderate policies. This suggests guests in Agege may expect booking flexibility.
Recommendations for Hosts
- Consider adopting a Flexible policy to align with the 87.5% market standard in Agege.
- Given the high prevalence of Flexible policies (87.5%), offering this can enhance booking appeal, especially during shoulder seasons.
- Regularly review your cancellation policy against competitors and market demand shifts in Agege.
Agege STR Booking Lead Time Analysis (2025)
Average Booking Lead Time by Month
Booking Lead Time Insights for Agege
- The overall average booking lead time for vacation rentals in Agege is 14 days.
- Guests book furthest in advance for stays during December (average 24 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in May (average 1 days), indicating more last-minute travel plans during this time.
- Seasonally, Winter (18 days avg.) sees the longest lead times, while Spring (9 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (14 days) as a baseline for your pricing and availability strategy in Agege.
- During May, focus on last-minute booking availability and promotions, as guests book with very short notice (1 days avg.).
- Target marketing efforts for the Winter season well in advance (at least 18 days) to capture early planners.
- Monitor your own booking lead times against these Agege averages to identify opportunities for dynamic pricing adjustments.
Popular & Essential Airbnb Amenities in Agege (2025)
Amenity Prevalence
Amenity Insights for Agege
- Essential amenities in Agege that guests expect include: TV, Wifi, Free parking on premises, Air conditioning, Kitchen, Essentials. Lacking these (any) could significantly impact bookings.
- Popular amenities like Washer, Hot water, Dryer are common but not universal. Offering these can provide a competitive edge.
Recommendations for Hosts
- Ensure your listing includes all essential amenities for Agege: TV, Wifi, Free parking on premises, Air conditioning, Kitchen, Essentials.
- Prioritize adding missing essentials: Essentials.
- Consider adding popular differentiators like Washer or Hot water to increase appeal.
- Highlight unique or less common amenities you offer (e.g., hot tub, dedicated workspace, EV charger) in your listing description and photos.
- Regularly check competitor amenities in Agege to stay competitive.
Agege Airbnb Guest Demographics & Profile Analysis (2025)
Guest Profile Summary for Agege
- The typical guest profile for Airbnb in Agege consists of predominantly international visitors (83%), with top international origins including Nigeria, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or Spanish.
- Domestic travelers account for 17.4% of guests.
- Key international markets include United States (37%) and Nigeria (17.4%).
- Top languages spoken are English (82.2%) followed by Spanish (6.7%).
- A significant demographic segment is the Post-2000s (Gen Z/Alpha) group, representing 50% of guests.
Recommendations for Hosts
- Focus marketing internationally, particularly towards travelers from Nigeria.
- Tailor amenities and listing descriptions to appeal to the dominant Post-2000s (Gen Z/Alpha) demographic (e.g., highlight fast WiFi, smart home features, local guides).
- Highlight unique local experiences or amenities relevant to the primary guest profile.
- Consider seasonal promotions aligned with peak travel times for key origin markets.
Nearby Short-Term Rental Market Comparison
How does the Agege Airbnb market stack up against its neighbors? Compare key performance metrics like average monthly revenue, ADR, and occupancy rates in surrounding areas to understand the broader regional STR landscape.
| Market | Active Properties | Monthly Revenue | Daily Rate | Avg. Occupancy |
|---|---|---|---|---|
| Eko Atlantic | 34 | $1,491 | $278.46 | 23% |
| Falomo | 171 | $1,302 | $203.95 | 26% |
| Moba | 418 | $820 | $135.30 | 25% |
| Ikate | 306 | $780 | $121.20 | 26% |
| Ibeju | 43 | $776 | $106.16 | 27% |
| Itirin | 234 | $739 | $122.18 | 26% |
| Ikota | 168 | $687 | $114.15 | 23% |
| Togbin-Fandji | 15 | $676 | $81.11 | 33% |
| Ojomu | 208 | $669 | $107.10 | 25% |
| Ilado | 315 | $661 | $111.13 | 24% |