1 Bedroom for Rent in Ikoyi-Obalende

The average rent for a 1 Bedroom flat in Ikoyi-Obalende, Lagos ranges from ₦350,000 to ₦15,000,000 annually. Budget-friendly options begin at ₦350,000, while properties positioned closer to Ikoyi proper with improved security and building standards can cost ₦15,000,000. Pricing reflects exact location between Ikoyi and Obalende, building quality, and neighborhood character.

Most 1 bedroom flats in Ikoyi-Obalende are available both furnished and unfurnished. Unfurnished properties (empty units) typically cost ₦350,000 to ₦15,000,000 annually. Furnished properties (with appliances, furniture, and basic fixtures) range from ₦600,000 to ₦1,100,000 annually—usually 20-30% higher than unfurnished equivalents. Furnishing quality varies by specific location and building. On ExpertListing, you can filter search results by furnishing status to match your preference.

Common amenities in Ikoyi-Obalende 1 bedroom flats include: building security, generator backup (often shared), water supply from boreholes, parking where available, and basic maintenance. Better buildings closer to Ikoyi may offer improved security and facilities. Most properties use prepaid electricity meters and standard plumbing. Amenities are generally basic to moderate depending on location within the zone. Verify specific building features with the property owner on ExpertListing.

The main advantage is accessing near-Ikoyi/VI living at more affordable prices than central Ikoyi or VI. You get proximity to both areas' job markets while having direct access to Obalende's extensive transport network for easy commuting elsewhere in Lagos. The area offers a middle ground—less expensive than Ikoyi premium areas but better positioned than outer Mainland neighborhoods. However, expect more noise and activity from the nearby transport location, and also note that the building quality varies significantly. Always inspect thoroughly and prioritize buildings closer to Ikoyi for better infrastructure and quieter environment.