You're looking at ₦0 to ₦0 yearly for 3 bedroom flats in Obalende. Budget-friendly options begin around ₦0, while better-maintained units in secure buildings with decent infrastructure can reach ₦0. How close you are to the Ikoyi border matters; properties nearer to Ikoyi cost more. Building conditions and security arrangements also impact final pricing.

If you're confused about whether to look for a 'flat' or 'apartment' in Obalende, don't stress it. In Lagos, these terms are interchangeable; they both describe the same type of property. You're talking about self-contained residential units in multi-unit buildings. Whether someone calls it a flat or apartment depends on their background, but the properties themselves are identical.

Obalende offers both. Unfurnished units cost ₦0 to ₦0 per year. If you need basic appliances, furniture, and essential fixtures included, budget an additional ₦1,700,000 to ₦4,300,000 more annually; that's typically 20-30% higher. Furnishing quality tends to be basic to moderate here. Check ExpertListing's filters for furnishing status and always inspect in person before committing.

Typical Obalende properties include building security guards, shared generators, water supply from boreholes, and basic maintenance. Some buildings offer dedicated parking and improved security measures. You'll find prepaid electricity meters and standard plumbing in most properties. Amenities are generally basic, focusing on essential utilities and security. Buildings closer to the Ikoyi border may have better facilities. Always confirm specific building conditions with property owners on ExpertListing.

Every landlord on ExpertListing undergoes verification before listing, and you'll see verification badges on each property. Still, protect yourself by: First, schedule a physical viewing using our map location. Second, request the C of O or Governor's Consent and verify it's genuine. Third, confirm the landlord's ID matches property documents. Fourth, never hand over rent money without a signed tenancy agreement. Fifth, keep all conversations on ExpertListing's messaging system for your protection.

Obalende works for families prioritizing massive rent savings and proximity to Island jobs. You're paying significantly less than VI or central Ikoyi while being equally close to work; you can walk to many offices. The huge rent difference (30-50% savings) can fund kids' education, build emergency savings, or accelerate financial goals. However, understand the trade-offs: constant noise and congestion from the bus terminal, limited space in older buildings, scarce recreation for children, and limited school choices. It's not a peaceful residential neighborhood; it's a transport hub first. Families here are typically very budget-focused or running businesses requiring Island presence. If maximizing savings is your top priority and you've accepted urban density, it delivers. But if you want quiet, space, and child-friendly environments, areas like Ajah or even Mainland estates offer better quality of life for similar budgets.