Short-Let vs Long-Term Rentals: Which Is Right for You?

Choosing between a short-let and a long-term rental depends on your lifestyle, budget, and how long you plan to stay in Lagos.

Short-let apartments offer flexibility. You can rent by the day, week, or month. They come fully furnished, with utilities and cleaning included. Ideal for business travellers, diaspora visitors, or anyone testing a neighbourhood before committing.

Long-term rentals typically require a 1–2 year commitment with annual rent paid upfront. They are more cost-effective over time and give you the freedom to personalise your space. Best for families, professionals with stable jobs, and long-term residents.

Cost Comparison: Short-lets in Ikoyi range from ₦150,000–₦500,000 per night. Long-term rentals in the same area range from ₦3M–₦15M per year. For stays longer than 3 months, long-term rentals are usually more economical.

ApexGida Properties offers both short-let and long-term rental options, all verified to the same high standard.