3 Bedrooms for Rent in Ikoyi-Obalende

You're looking at ₦1,100,000 to ₦60,000,000 yearly for 3 bedroom flats in Ikoyi-Obalende. Budget-friendly options begin at ₦1,100,000, while properties positioned closer to Ikoyi proper with improved security and building standards can cost ₦60,000,000. Your exact location between Ikoyi and Obalende matters enormously. Building quality and neighborhood character also impact final rent.

Here's something to clear up: in Nigerian property listings, 'flat' and 'apartment' aren't different things. They're two words for the same accommodation style; self-contained residential units in buildings with other tenants. Whether you search '3 bedroom flat Ikoyi-Obalende' or '3 bedroom apartment Ikoyi-Obalende', you'll find the same properties. The terms are completely interchangeable here.

Ikoyi-Obalende offers both. Unfurnished units run ₦1,100,000 to ₦60,000,000 per year. Need it furnished with appliances, furniture, and basic fixtures? Budget an extra ₦1,900,000 to ₦4,800,000 more annually; typically 20-30% higher than bare units. Furnishing quality varies by specific location and building, so inspect thoroughly. Use ExpertListing's filters to narrow by furnishing preference.

Properties here typically 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. You'll find prepaid electricity meters and standard plumbing in most units. Amenities are generally basic to moderate depending on location within the zone. Always verify specific building features with property owners on ExpertListing.

All landlords on ExpertListing are verified before listing, but take these extra steps: Use our map to physically locate and inspect the property. Ask to see the C of O or Governor's Consent and verify it's genuine; this is crucial on Lagos Island where land ownership can be complex. Confirm the landlord's identity matches property documents. Never pay without a signed tenancy agreement, period. Keep all communications on ExpertListing's messaging platform for documentation.

It depends heavily on which side of Ikoyi-Obalende you're on. Properties closer to Ikoyi side work better for families; you're near Ikoyi schools, safer neighborhoods, and better infrastructure. The Obalende side is more congested with transport activity; not ideal for children. Three-bedroom flats here give families decent space at prices lower than central Ikoyi. However, there are limited dedicated family amenities; no playgrounds or recreational spaces. Schools exist nearby but choices are more limited than deeper in Ikoyi or Lekki. For families where both parents work on the Island and you're extremely budget-conscious, the location saves commute time. But if you want proper family-friendly environment with green spaces, recreation, and other kids around, areas like Lekki, VGC, or organized Mainland estates provide better quality of life for similar or lower budgets.