Lekki Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in Lagos, Nigeria
Is Airbnb profitable in Lekki in 2025? Explore comprehensive Airbnb analytics for Lekki, Lagos, Nigeria to uncover income potential. This 2025 STR market report for Lekki, based on AirROI data from April 2024 to March 2025, reveals key trends in the niche market of 50 active listings.
Whether you're considering an Airbnb investment in Lekki, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Lekki 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 Lekki Airbnb Performance Metrics Overview
Monthly Airbnb Revenue Variations & Income Potential in Lekki (2025)
Understanding the monthly revenue variations for Airbnb listings in Lekki 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 Lekki is typically December, while September often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Lekki across different performance tiers:
- Best-in-class properties (Top 10%) achieve $1,866+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $1,240 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $853 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $390, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in Lekki
Lekki Airbnb Occupancy Rate Trends (2025)
Maximize your bookings by understanding the Lekki STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Decembersees 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 Lekki:
- Best-in-class properties (Top 10%) achieve 77%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 57% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 35%.
- Entry-level properties (Bottom 25%) average 18% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in Lekki
Average Daily Rate (ADR) Airbnb Trends in Lekki (2025)
Effective short term rental pricing strategy in Lekki involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Lekki typically peaks in October and dips lowest during November. 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 $183+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $115 or more.
- Typical properties (Median) charge around $72 per night.
- Entry-level properties (Bottom 25%) earn around $38 per night.
Average Daily Rate (ADR) Trend by Month in Lekki
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Airbnb Seasonality Analysis & Trends in Lekki (2025)
Peak Season (December, May, April)
- Revenue averages $1,459 per month
- Occupancy rates average 44.5%
- Daily rates average $94
Shoulder Season
- Revenue averages $917 per month
- Occupancy maintains around 39.3%
- Daily rates hold near $86
Low Season (July, August, September)
- Revenue drops to average $629 per month
- Occupancy decreases to average 32.1%
- Daily rates adjust to average $99
Seasonality Insights for Lekki
- The Airbnb seasonality in Lekki 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 Lekki's highest earning potential, with monthly revenues capable of climbing to $1,517, occupancy reaching a high of 48.4%, and ADRs peaking at $100.
- 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 $484, occupancy could drop to 23.9%, and ADRs may adjust down to $74.
- 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 Lekki.
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 Lekki seasonality benchmarks and adjust your pricing and availability strategy accordingly.
Best Areas for Airbnb Investment in Lekki (2025)
Exploring the top neighborhoods for short-term rentals in Lekki? 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 |
|---|---|---|
| Lekki Phase 1 | A prime residential and commercial area that is popular among expatriates and wealthy residents. It boasts a vibrant lifestyle with numerous entertainment, dining, and shopping options. | Lekki Leisure Lake, Elegushi Beach, Lekki Market, Nike Art Gallery, Landmark Beach |
| Lekki Conservation Centre | A unique natural reserve that attracts eco-tourists and nature lovers. It's ideal for those seeking a tranquil getaway while being close to the city. | Canopy Walkway, Nature Trails, Wildlife Viewing, Bird Watching Spots |
| Victoria Island | An upscale area known for its luxury hotels, corporate offices, and nightlife. It caters to business travelers and tourists seeking a luxury experience. | The Palms Shopping Mall, Eko Atlantic City, Landmark Centre, Elegushi Nightclub, Nike Art Gallery |
| Ajah | An emerging area that is becoming increasingly popular for its affordability and access to beaches. A great option for budget travelers and families. | Atican Beach Resort, Landmark Beach, Lekki-Ajah Expressway, Sunset Beach Resort |
| Oniru | A trendy seaside neighborhood known for its beach clubs and restaurants. Attracts both locals and tourists looking to enjoy the Lagos coastline. | Oniru Private Beach, Nike Art Gallery, Eko Atlantic City, Beach Resorts |
| Ikate Elegushi | A vibrant local community with a mix of residential homes and vibrant street life. Ideal for guests looking for a more local experience with modern amenities. | Elegushi Beach, Lekki Market, Nightlife Spots, Local Artisans |
| Lekki Gardens | An established residential area that is often frequented by families and young professionals. Known for its scenic environment and relatively peaceful atmosphere. | Lekki Gardens Events Centre, Shopping Malls, Family Parks |
| Tarkwa Bay | A beautiful sheltered beach area that can only be accessed by boat. Ideal for beach lovers and water sports enthusiasts looking for a fun day out. | Tarkwa Bay Beach, Surfing and Water Sports, Boat Rental Services |
Understanding Airbnb License Requirements & STR Laws in Lekki (2025)
While Lekki, 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 Lekki to ensure full compliance before hosting.
(Source: AirROI data, 2025, finding no licensed listings among those analyzed)
Top Performing Airbnb Properties in Lekki (2025)
Benchmark your potential! Explore examples of top-performing Airbnb properties in Lekkibased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
Exquisite 4 Bed House with Pool & Chef VGC
Entire Place • 4 bedrooms
Modern 3 bedroom terrace- Pluto
Entire Place • 3 bedrooms
Kimmel Apartments- 2 Bedroom Chevron Lekki - B12C
Entire Place • 2 bedrooms
Aston Apartment - Simply Magnificent
Entire Place • 2 bedrooms
MARS- 3bed with swimming pool
Entire Place • 3 bedrooms
IVY’s Luxury 4-bedroom Duplex
Entire Place • 4 bedrooms
Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.
Top Performing Airbnb Hosts in Lekki (2025)
Learn from the best! This table showcases top-performing Airbnb hosts in Lekki 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 |
|---|---|---|---|---|
| Ola | 4 | $47,075 | 49 | 4.84/5.0 |
| King | 2 | $33,191 | 16 | 4.50/5.0 |
| Sandra | 1 | $27,795 | 20 | 5.00/5.0 |
| Abiola | 1 | $17,095 | 28 | 4.96/5.0 |
| Sunday | 4 | $14,587 | 56 | 4.52/5.0 |
| Dayo | 2 | $14,270 | 23 | 2.26/5.0 |
| Amadi | 1 | $13,411 | 6 | 4.33/5.0 |
| Host #465074402 | 1 | $11,990 | 0 | 0.00/5.0 |
| Abimbola | 1 | $8,425 | 4 | 4.50/5.0 |
| Adebola | 1 | $8,068 | 40 | 4.88/5.0 |
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 Lekki.
Dive Deeper: Advanced Lekki STR Market Data (2025)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Lekki. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsLekki Short-Term Rental Market Composition (2025): Property & Room Types
Room Type Distribution
Property Type Distribution
Market Composition Insights for Lekki
- The Lekki Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 96% of the 50 active rentals. This indicates strong guest preference for privacy and space.
- Looking at the property type distribution in Lekki, Apartment/Condo properties are the most common (62%), reflecting the local real estate landscape.
- Houses represent a significant 38% portion, catering likely to families or larger groups.
Lekki Airbnb Room Capacity Analysis (2025): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for Lekki
- The dominant room capacity in Lekki is 1 bedroom listings, making up 30% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
- Together, 1 bedroom and 2 bedrooms properties represent 58.0% of the active Airbnb listings in Lekki, indicating a high concentration in these sizes.
- A significant 42.0% of listings offer 3+ bedrooms, catering to larger groups and families seeking more space in Lekki.
Lekki Vacation Rental Guest Capacity Trends (2025)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for Lekki
- The most common guest capacity trend in Lekki vacation rentals is listings accommodating 2 guests (32%). This suggests the primary traveler segment is likely couples or solo travelers.
- Properties designed for 2 guests and 8+ guests dominate the Lekki STR market, accounting for 56.0% of listings.
- 40.0% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Lekki.
- On average, properties in Lekki are equipped to host 4.7 guests.
Lekki Airbnb Booking Patterns (2025): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for Lekki
- The most common availability pattern in Lekki falls within the 271-366 days range, representing 68% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 84.0% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
- For booked days, the 1-30 days range is most frequent in Lekki (50%), reflecting common guest stay durations or potential owner blocking patterns.
- A notable 16.0% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.
Lekki Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
1 Night
17 listings
36.2% of total
2 Nights
15 listings
31.9% of total
3 Nights
8 listings
17% of total
4-6 Nights
1 listings
2.1% of total
7-29 Nights
3 listings
6.4% of total
30+ Nights
3 listings
6.4% of total
Key Insights
- The most prevalent minimum stay requirement in Lekki is 1 Night, adopted by 36.2% of listings. This highlights the market's preference for shorter, flexible bookings.
- A strong majority (68.1%) of the Lekki 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 36.2% of Lekki hosts use this setting.
- Explore offering discounts for stays of 30+ nights to attract the 6.4% of the market seeking extended stays.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Lekki.
Lekki Airbnb Cancellation Policy Trends Analysis (2025)
Flexible
16 listings
53.3% of total
Moderate
2 listings
6.7% of total
Firm
10 listings
33.3% of total
Strict
2 listings
6.7% of total
Cancellation Policy Insights for Lekki
- The prevailing Airbnb cancellation policy trend in Lekki is Flexible, used by 53.3% of listings.
- There's a relatively balanced mix between guest-friendly (60.0%) and stricter (40.0%) policies, offering choices for different guest needs.
- Strict cancellation policies are quite rare (6.7%), potentially making listings with this policy less competitive unless justified by high demand or property type.
Recommendations for Hosts
- Consider adopting a Flexible policy to align with the 53.3% market standard in Lekki.
- Given the high prevalence of Flexible policies (53.3%), offering this can enhance booking appeal, especially during shoulder seasons.
- Using a Strict policy might deter some guests, as only 6.7% of listings use it. Evaluate if potential revenue protection outweighs possible lower booking rates.
- Regularly review your cancellation policy against competitors and market demand shifts in Lekki.
Lekki STR Booking Lead Time Analysis (2025)
Average Booking Lead Time by Month
Booking Lead Time Insights for Lekki
- The overall average booking lead time for vacation rentals in Lekki is 34 days.
- Guests book furthest in advance for stays during October (average 97 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in July (average 3 days), indicating more last-minute travel plans during this time.
- Seasonally, Fall (45 days avg.) sees the longest lead times, while Summer (21 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (34 days) as a baseline for your pricing and availability strategy in Lekki.
- For October stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 97 days out to capitalize on advance planning.
- During July, focus on last-minute booking availability and promotions, as guests book with very short notice (3 days avg.).
- Target marketing efforts for the Fall season well in advance (at least 45 days) to capture early planners.
- Monitor your own booking lead times against these Lekki averages to identify opportunities for dynamic pricing adjustments.
Popular & Essential Airbnb Amenities in Lekki (2025)
Amenity Prevalence
Amenity Insights for Lekki
- Essential amenities in Lekki that guests expect include: TV, Free parking on premises, Air conditioning, Wifi, Washer, Kitchen. Lacking these (any) could significantly impact bookings.
- Popular amenities like Essentials, Hot water, Smoke alarm are common but not universal. Offering these can provide a competitive edge.
Recommendations for Hosts
- Ensure your listing includes all essential amenities for Lekki: TV, Free parking on premises, Air conditioning, Wifi, Washer, Kitchen.
- Prioritize adding missing essentials: Wifi, Washer, Kitchen.
- Consider adding popular differentiators like Essentials 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 Lekki to stay competitive.
Lekki Airbnb Guest Demographics & Profile Analysis (2025)
Guest Profile Summary for Lekki
- The typical guest profile for Airbnb in Lekki consists of predominantly international visitors (92%), with top international origins including United Kingdom, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or German.
- Domestic travelers account for 7.9% of guests.
- Key international markets include United States (46.5%) and United Kingdom (22.8%).
- Top languages spoken are English (75.9%) followed by German (4.8%).
- 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 United Kingdom.
- 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 Lekki 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 |
|---|---|---|---|---|
| Ibeju | 14 | $1,106 | $115.63 | 40% |
| Eko Atlantic | 11 | $911 | $180.35 | 27% |
| Falomo | 85 | $851 | $164.07 | 30% |
| Ajah | 10 | $670 | $87.81 | 46% |
| Moba | 171 | $541 | $116.71 | 33% |
| Djako Daho | 41 | $534 | $50.61 | 43% |
| Ojomu | 69 | $518 | $80.79 | 33% |
| Ikate | 154 | $510 | $97.72 | 29% |
| Igboefon | 80 | $470 | $96.40 | 30% |
| Lagos | 350 | $466 | $82.16 | 33% |